economy

Starbucks bans personal cups over new coronavirus

WASHINGTON, United States (AFP) -- Reusable cups are in vogue for reducing waste but are no longer welcome at Starbucks…

Italy faces recession as coronavirus hits economy

by Céline CORNU MILAN, Italy (AFP) -- Italy's economy performed woefully in 2019 and is set to do even worse…

After backing HS2 rail, Johnson mulls Heathrow runway

By Ben PERRY Agence France-Presse LONDON, United Kingdom (AFP) — Having backed Britain's proposed high-speed railway HS2, Boris Johnson is under…

Japan suffers worst economic slump in five years

by Miwa SUZUKI TOKYO, Japan (AFP) -- Japan has suffered its worst quarterly GDP contraction in more than five years,…

Implications on PHL tourism industry of novel coronavirus crisis

https://youtu.be/vhNK-8kWkQI (Eagle News) -- In this interview on ASEAN in Focus weekend edition on Saturday, Feb. 15, 2020, Joyce Alumno,…

UK set to back high-speed railway despite soaring cost

LONDON, United Kingdom (AFP) -- British Prime Minister Boris Johnson was set Tuesday to announce his plans for the HS2…

Trump: Time to negotiate ‘very seriously’ with EU on trade

by Sebastian Smith WASHINGTON, United States (AFP) -- President Donald Trump said Monday the time has come to pursue trade…

Cyclone Damien batters northwestern Australia

  SYDNEY, Australia (AFP) -- Tropical cyclone Damien lashed Australia's northwestern resource-rich region of Pilbara on Saturday as locals heeded…

Chinese stocks crash as viral panic infects markets

  by Dan Martin / LAN Lianchao Agence France Presse Chinese stocks collapsed Monday with Shanghai's index posting its biggest…

Hong Kong economy shrinks for first time in a decade

HONG Kong, China (AFP) -- Hong Kong confirmed Monday it plunged into recession in 2019, suffering its first annual contraction…

Global economy faces tenuous recovery beset by risks: World Bank

by Heather SCOTT WASHINGTON, United States (AFP) -- Recovery in a handful of countries will boost global growth slightly this…

China’s farmers reap rich harvest through video-sharing apps

by Ludovic EHRET HENGZHANG, China  (AFP) -- "Do you want a piece?" beekeeper Ma Gongzuo says, looking into the camera of…

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