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Pentagon fights defense industry consolidation
The big-spending Pentagon opened a campaign Tuesday against the consolidation of defense contractors, saying competition has dwindled as arms suppliers merge and supersize.
Seven dead, 14 missing as Spain trawler sinks off Canada
At least seven fishermen died and another 14 were missing after a Spanish trawler sank in rough seas off eastern Canada on Tuesday, Spanish and Canadian officials said.
UK gallery offers 'real' masterpieces -- from digital tokens
Want to "own" a Leonardo da Vinci or Amedeo Modigliani? One London gallery is showing digitally re-rendered versions of priceless Italian masterpieces -- although they still don't come cheap.
Musk gives 5 mn Tesla shares to unspecified charities
Tesla Chief Executive Elon Musk, considered the richest person in the world, has donated 5.04 million shares of his company to unspecified charities, according to a securities filing.
Cambodia delays controversial internet gateway
Cambodia is delaying an internet gateway that had raised concerns around privacy and free speech, halting its planned mid-week implementation due to Covid-19 related disruptions, a government official said Tuesday.
Mining giant Glencore sets aside $1.5 bn for graft probes
Mining and commodities trading giant Glencore said Tuesday it set aside $1.5 billion as it expects to resolve corruption investigations in the United States, Britain and Brazil this year.
Industry execs urge easing of curbs as Singapore airshow opens
Asian governments must ditch tough coronavirus travel restrictions to help beleaguered airlines recover, industry executives urged Tuesday on the opening day of the region's biggest airshow in Singapore.
US offers $1 bn in loan guarantees for Ukraine
The United States is offering up to $1 billion in credit guarantees to help Ukraine weather the threat of war against Russia, US Secretary of State Antony Blinken said Monday.
Russia says pulling back some forces from Ukraine border
Russia said Tuesday it was pulling back some of its forces near the Ukrainian border to their bases, in what would be the first major step towards de-escalation in weeks of crisis with the West.
Papua New Guinea to reopen borders shut by Covid
Papua New Guinea will reopen to vaccinated travellers from Wednesday, ending two years of strict border closures that virtually sealed the Melanesian nation off from neighbours.
'Life-changing' or scam? Axie Infinity helps Philippines' poor earn
Dominic Lumabi sits on the computer in his Manila bedroom pitting his puffer fish-like cartoon NFT characters against others. But this is not just a game -- he is earning cryptocurrency to support his family during the pandemic.
Ukraine fears weigh on markets but 'chance' of deal provides hope
Asian markets mostly fell again Tuesday, extending a global sell-off fuelled by fears that Russia is about to invade Ukraine, though the losses were more muted than the previous day and oil dipped after Moscow said a diplomatic agreement was still possible.
'Don't be Google': The rise of privacy focused startups
Google once used the slogan "don't be evil" to distinguish itself from its competitors, but now a growing number of pro-privacy startups are rallying to the mantra "don't be Google".
Japan's GDP rebounded before Omicron wave hit
Japan's economy rebounded in the last part of 2021, as virus cases slowed and restrictions were eased, spurring demand before the Omicron wave hit the country, data showed Tuesday.
Doodle-covered truck becomes symbol of Canada's Covid protests
A white truck parked outside Canada's parliament -- covered in protesters' signatures and scribbled slogans to mark their struggle against Covid restrictions -- has become a must-see for the truckers and supporters hoping their stand goes down in history.
Snake on a plane: AirAsia jet forced to divert
An AirAsia passenger plane was forced to divert and make an unscheduled landing after a snake was spotted slithering through the overhead lights, the Malaysian budget carrier confirmed Monday.
Russia opens door to diplomacy in Ukraine standoff
Russia appeared to open the door Monday to a diplomatic resolution of the deepening Ukraine standoff, as the United States said it believed Vladimir Putin had yet to make a final decision on invading the ex-Soviet state.
3M expects to sell fewer Covid-19 masks this year
After seeing sales of medical masks soar during the Covid-19 pandemic, US manufacturer 3M warned Monday that demand is expected to slow sharply this year.
Turkey's Erdogan visits UAE to boost long-strained ties
Turkey's President Recep Tayyip Erdogan on Monday visited the United Arab Emirates for the first time in nearly a decade to revive relations that were long strained by regional disputes.
Russia ready for more talks to end Ukraine standoff
Russia held the door open Monday to further talks on resolving its standoff with the West and said some of its military drills were ending, signalling a possible easing of the crisis over Ukraine.
Fed's credibility 'on the line' amid US inflation spike: official
The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way that doesn't roil financial markets, St. Louis Fed President James Bullard said Monday.
Stocks nervous even after Russia sees 'chance' in Ukraine crisis
Stock markets attempted to claw back some of their earlier losses on Monday after Russia suggested there might be a "chance" of reaching an agreement with the West over Ukraine.
Nobel economists warn UK of lasting damage from Brexit
Ten winners of the Nobel Prize in economics on Monday warned that leaving the European Union would "create major uncertainty" over Britain as a trading nation and inflicting lasting economic damage.
Austria's Max Schrems: US high-tech giants' worst nightmare?
Few in Silicon Valley could have predicted that a mild-mannered young Austrian lawyer who spent a semester studying there would one day become high-tech companies' worst nightmare.
Love in the time of corona in focus at Berlin fest
The Berlin film festival has delivered on a promise of "crazy, intoxicating" love stories at its 72nd edition, with diverse movies exploring infatuation and loss around the pandemic-racked world.
Markets tumble, oil rises on Ukraine conflict fears
Asian and European markets sank and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Asian markets drop, oil rises on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Asian markets track Wall St losses on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Hopes for recovery in focus at Asia's biggest airshow
Asia's biggest airshow takes place in Singapore this week with the aviation sector hoping 2022 marks a turning point in a region where tough curbs have left coronavirus-battered airlines struggling to recover.
IAEA begins mission to review Fukushima water release
An International Atomic Energy Agency taskforce began a mission Monday in Japan to review the controversial planned release of treated water from the Fukushima nuclear plant into the ocean.
Deepfake democracy: South Korean candidate goes virtual for votes
In a crowded campaign office in Seoul, young, trendy staffers are using deepfake technology to try to achieve the near-impossible: make a middle-aged, establishment South Korean presidential candidate cool.
Germany leader heads to Kyiv to calm 'critical' Russia war threat
German Chancellor Olaf Scholz lands in Kyiv on Monday before visiting Moscow to try to head off a "very critical" threat of a Russian invasion that could spark the worst crisis since the Cold War.
Asian markets track losses on Wall St on Ukraine conflict fears
Asian markets fell and oil prices rallied Monday after the United States warned Russia could attack Ukraine within days as diplomatic efforts to prevent a war appeared to fail, while fears over inflation were also keeping traders on edge.
Why is India's largest insurer being listed?
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
'Death on the Nile' cruises to N.America box office lead
"Death on the Nile" cruised to the top of the North American box office in its opening weekend, showing the continuing lure of a good old-fashioned Agatha Christie murder mystery, according to industry data Sunday.
Why India's largest insurer is being listed?
India is embarking on the blockbuster listing of the country's largest insurer as part of a wider privatisation drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.
India to sell 5% of insurance giant in huge IPO
India plans to sell a five percent stake in insurance giant LIC in what could potentially be the country's largest initial public offering, according to a regulatory filing Sunday.
Ukraine vows to keep airspace open despite Russia threat
Ukraine on Sunday vowed to keep its airspace open to international travel despite Western warnings that Russian troops conducting drills near its borders could invade at any point.
Ukraine's star author Kurkov says his native Russian should be curbed
Ukraine's bestselling Russian-speaking author Andrey Kurkov says it is "immoral" to defend the Russian language in the ex-Soviet republic during soaring tensions with Moscow.