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World - 2020-05-23
UK debt soars to highest since 1963, retail sales slump
Global Business Economy

UK debt soars to highest since 1963, retail sales slump

A measure of British public debt leapt to close to 100% of the country's economic output in April, its highest in nearly 60 years, and retail sales slumped by a record 18% as the coronavirus crisis hammered the economy.
Published 23 May, 2020 12:06am
Alibaba profit tumbles, but revenue surprises despite virus
Global Business Economy

Alibaba profit tumbles, but revenue surprises despite virus

Chinese e-commerce leader Alibaba said Friday its net profit fell 88 percent in the first quarter of the year, but revenue beat analyst forecasts despite the disruptions caused by the coronavirus.
Published 23 May, 2020 12:06am
US employment to turn around soon, says White House adviser
Global Business Economy

US employment to turn around soon, says White House adviser

June could mark a turning point in massive joblessness caused by the coronavirus pandemic, White House adviser Kevin Hassett said on Friday, adding that he expects President Donald Trump and lawmakers will still work toward a fourth round of stimulus to g
Published 23 May, 2020 12:06am
South Asia cyclone death toll passes 100

South Asia cyclone death toll passes 100

At least 106 people died in the fiercest cyclone to hit Bangladesh and eastern India since 1999, officials said Friday as aerial footage revealed immense flooding in coastal areas.
Published 23 May, 2020 12:06am
US Navy gets fourth new leader in six months

US Navy gets fourth new leader in six months

The US Senate on Thursday confirmed the Navy's fourth new leader in six months - an avid supporter of President Donald Trump who will lead the service as it grapples with morale problems amid the coronavirus pandemic.
Published 23 May, 2020 12:06am
Syrian doctor in Germany accused of war crimes

Syrian doctor in Germany accused of war crimes

A Syrian doctor living in Germany is being investigated on suspicion of carrying out crimes against humanity at a military hospital in the war-torn country, a report in Spiegel magazine Friday said.
Published 23 May, 2020 12:06am
UK to introduce 14-day quarantine for international arrivals

UK to introduce 14-day quarantine for international arrivals

Travellers arriving in Britain will face 14 days in quarantine from next month to prevent a second coronavirus outbreak, the government announced on Friday, warning that anyone breaking the rules faced a fine or prosecution.
Published 23 May, 2020 12:06am
Rwanda genocide suspect Bizimana dies

Rwanda genocide suspect Bizimana dies

Former Rwandan defence minister Augustin Bizimana, one of the top suspects wanted over the country's 1994 genocide, has died, the UN tribunal said Friday.
Published 23 May, 2020 12:06am