Canada vote heralds more govt spending

OTTAWA: Canada spent hundreds of billions of dollars to aid workers and keep businesses afloat during the pandemic, causing its national debt to soar....

IMF chief denies altering World Bank report to appease China

WASHINGTON: IMF chief Kristalina Georgieva disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to...

Critics warn of Apple, Google ‘chokepoint’ repression

WASHINGTON: The global dominance of tech giants serves as a convenient online chokepoint for authoritarian governments to crack down on dissent or rig elections,...

China losing battle to sell its ‘win-win’ deals to Congolese

KINSHASA: Much has ground to a halt during the coronavirus pandemic, but not the march of Sino-Congolese friendship. Or so the Chinese embassy in...

US unemployment filings move upward

WASHINGTON: More US workers made new claims for unemployment benefits last week, according to government data released yesterday, though the metric of labor market...

Bumpy road as ageing Japan bets on self-driving cars

YOKOHAMA: With an ageing population in need of transport, Japan is betting on autonomous cars, but an accident involving a self-driving showcase at the...

Conglomerate Tata Group bids for ailing Air India

NEW DELHI: India's tea-to-steel conglomerate Tata Group confirmed it has submitted a bid to buy debt-crippled national carrier Air India, which it owned decades...

Bangladesh’s trans entrepreneurs create safe work spaces for them

DHAKA: Simran Snigdha was begging when a chance encounter helped get her off Bangladesh's streets and realize her artistic dreams-one of a growing number...

As pandemic roils economy, more US workers call it a day

WASHINGTON: Prior to the coronavirus pandemic, Antonio Fernandez, 64, had envisioned staying in his job at Chevron in Houston for perhaps another five years....

$12m seized from ex-officials as cash crunch hits Afghanistan

KABUL: Afghanistan's central bank said yesterday that the Taleban had seized more than $12 million in cash and gold from the homes of former...

UK inflation strikes nine-year peak as economy reopens

LONDON: British annual inflation spiked in August to a nine-year peak on the reopening economy, but last year's figure had been skewed by a...

Global oil demand poised to rebound next month: IEA

PARIS: Global oil demand has dropped for three straight months as COVID cases have risen in Asia but it is expected to bounce back...

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