Business

Chinese tech giant Alibaba names new CEO, chairman

BEIJING, June 20, 2023 (AFP) - Chinese tech giant Alibaba said Tuesday it will replace its top boss, in a…

Boeing expects number of planes in air to double by 2042

PARIS, June 18, 2023 (AFP) - Boeing expects the number of commercial planes in service around the world to double…

Ex-Samsung exec charged with stealing chip tech for China factory

SEOUL, June 13, 2023 (AFP) - South Korea has charged a former Samsung executive accused of stealing company secrets worth…

Crypto exchange Binance suspends US deposits after govt suit

WASHINGTON, June 9, 2023 (AFP) - The world's largest cryptocurrency exchange Binance said late Thursday it was halting US dollar…

Pakistan failing in every economic index: key survey

KARACHI, June 9, 2023 (AFP) - Pakistan failed to meet any economic growth targets for the fiscal year 2022-23, according…

Tree-mendous ride: Wooden Citroen 2CV sells for 210,000 euros

TOURS, France, June 5, 2023 (AFP) - A Citroen 2CV made of wood, thought to be the only one of…

Air travel to soar near record in 2023: industry group

ISTANBUL, June 5, 2023 (AFP) - Airlines will return to profit and fly a near-record 4.35 billion passengers this year,…

Saudi Arabia slashes output further to boost oil price

VIENNA, June 4, 2023 (AFP) - Riyadh on Sunday announced a fresh oil output cut following a meeting of major…

Japan PM unveils $25 bn plan to tackle birthrate crisis

TOKYO, June 1, 2023 (AFP) - Japan's prime minister unveiled a $25 billion plan on Thursday to expand support for…

Pakistan inflation rockets to record 37.97 percent

ISLAMABAD, June 1, 2023 (AFP) - Pakistan's year-on-year inflation hit a record 37.97 percent in May, official data revealed Thursday,…

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