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World - 2020-05-16
EU diplo chief attacks 'rival' China

EU diplo chief attacks 'rival' China

Josep Borrell said China did not share Europe's respect for human rights, cyber security or the law of the sea.
Published 16 May, 2020 01:45pm
Awful data show US economy is in deep trouble
Global Business Economy

Awful data show US economy is in deep trouble

Newly released economic data shows the US economy is in a terrible state and may not rebound quickly even when the devastating lockdowns imposed to stop the coronavirus pandemic are lifted.
Published 16 May, 2020 12:07am
China industrial output sees shock growth
Global Business Economy

China industrial output sees shock growth

China's industrial output returned to growth for the first time this year in April, official data showed Friday, but another sharp drop in retail sales indicated crucial consumer demand remains weak, which could scotch hopes for a quick economic recovery.
Published 16 May, 2020 12:07am
Virus pushes Germany into recession
Global Business Economy

Virus pushes Germany into recession

The coronavirus pandemic has tipped Germany into recession, official data showed Friday, with Europe's top economy suffering its steepest quarterly contraction in more than a decade as lockdown measures began to bite.
Published 16 May, 2020 12:07am
UK government in £1.6 billion bailout of London transport system
Global Business Economy

UK government in £1.6 billion bailout of London transport system

The British government will pump £1.6 billion into London's public transport system to restore services and help prevent overcrowding as people return to work, operator Transport for London (TfL) said Friday.
Published 16 May, 2020 12:07am
Royal Mail boss departs, as coronavirus hits business
Global Business Economy

Royal Mail boss departs, as coronavirus hits business

Britain's Royal Mail on Friday said Rico Back had stepped down as chief executive, as the coronavirus heaps more pressure on its core letters business and hikes group costs.
Published 16 May, 2020 12:07am
Quake hits desert area on Nevada-California border

Quake hits desert area on Nevada-California border

A 6.4 magnitude earthquake struck Friday in a sparsely populated desert area on the border between Nevada and California, the US Geological Survey said. The quake hit at 4:03 am local time (1103 GMT) about 40 miles (60 kilometers) from the small, former m
Published 16 May, 2020 12:07am
Powerful storm forces thousands from homes in Philippines

Powerful storm forces thousands from homes in Philippines

Tens of thousands of people were forced into cramped shelters by the powerful storm pounding the Philippines on Friday, making social distancing nearly impossible as the nation battles the coronavirus pandemic.
Published 16 May, 2020 12:07am
Britain, EU in post-Brexit trade talks stalemate
Global Business Economy

Britain, EU in post-Brexit trade talks stalemate

The EU and Britain ended their latest round of post-Brexit trade talks in a state of deadlock on Friday, with both sides urging the other to fundamentally change its strategy.
Published 16 May, 2020 12:07am
Liberia drops graft charges against ex-president's son

Liberia drops graft charges against ex-president's son

Liberia has dropped charges against four former central bank bosses, including an ex-president's son, in a highly publicised graft scandal over the mishandling of banknotes worth millions of dollars.
Published 16 May, 2020 12:07am
UN won't vote electronically in Security Council election

UN won't vote electronically in Security Council election

The UN General Assembly will cast ballots in-person for five new non-permanent Security Council seats, its president said Thursday, effectively ruling out electronic voting despite the coronavirus pandemic. In a letter to UN members obtained by AFP, Presi
Published 16 May, 2020 12:07am