By Yoonjung Seo and Paula Hancocks Seoul, South Korea–Arguably no group is more surprised by the rapidly changing image of North Korean leader Kim Jong Un than the 30,000 people who successfully escaped his country for a new life in the south. As Kim prepares for his second summit with US President Donald Trump, these […] Read more
By David McLaughlin and Andrew M Harris AT&T Inc. beat back another effort by the U.S. to undo its purchase of Time Warner, cementing an $85 billion deal to help it compete with Netflix Inc. The Justice Department failed to establish that a lower-court judge made a clear error when he rejected the government’s case […] Read more
It’s been roughly one year since Dick’s Sporting Goods CEO Ed Stack took a controversial stance on guns, pulling high-capacity magazines from stores and halting the sale of firearms to anyone under 21 years old. Dick’s Sporting Goods’ decision marked one of the strongest stances taken by corporate America in the national gun debate. Retailers […] Read more
By Philip Whiteside Crown Prince Mohammed bin Salman says he sees the chance to invest $100bn in India as he meets prime minister Narendra Modi. India’s PM Narendra Modi (R) shakes hands with Saudi Crown Prince Mohammed bin Salman Saudi Arabia’s crown prince says his country is ready to share intelligence with India, a day […] Read more
By: Maja Zuvela Smoke rises from coal-fired power plant in Obilic near Pristina, Kosovo November 1, 2018. Environmentalists urged EU policy makers on Tuesday to take a tougher stance on air pollution from coal power plants in the Western Balkans, blaming the fumes for 3,900 deaths across Europe each year. The 16 Communist-era plants with […] Read more
By Abbas Al Lawati The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as demand faltered, feeding what S&P is calling the market’s “long decline” that’s seen […] Read more
By Alexander J Martin It is unclear whether the web giant or Kremlin officials have backed down to avoid a looming conflict. Roskomnadzor has sent repeated requests to Google requiring it to route Russian citizens’ web searches through a government filtering system. However, the head of the regulator, Alexander Zharov, told state-owned news agency TASS […] Read more
By Peter Laca and Krystof Chamonikolas The Czech central bank will probably keep borrowing costs unchanged for a second meeting, prolonging a pause in rate hikes to digest signals of a potential economic slowdown in the euro area. As the European Central Bank faces diminishing prospects of raising its own rates this year, its Czech […] Read more
By David Mercer The fashion brand faces criticism for the black balaclava jumper which features a cut-out at the mouth that is outlined in red. The Gucci jumper is being sold for $890 (£688). Pic: Gucci/Spring Gucci has been embroiled in a racism row after shoppers complained a women’s jumper resembled “blackface”. The Italian fashion […] Read more
By Lydia DePillis The US economy added 304,000 jobs in January, a surprisingly strong month of hiring as employers continue to bring in new workers. January was the 100th straight month of job gains. The Labor Department said the government shutdown that lasted more than a month had “no discernible impacts” on hiring and wages, […] Read more
