Some fans and performers objected to Israel’s inclusion in this year’s edition of the European song competition. Protests lasted all the way through last weekend’s Grand Final and beyond, but experts say it’s not the first time world events have threatened to overwhelm Eurovision, which organizers insist is non-political. Fallout …
Read More »China to start selling long-dated bonds
BEIJING – China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced on Monday, as Beijing looks to increase support for the world's second-largest economy. The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of …
Read More »Microsoft, Amazon to invest in French tech
PARIS – Microsoft on Sunday announced 4 billion euros in investment for developing data centers in France, joining fellow US giant Amazon in committing to the country's tech infrastructure. The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors …
Read More »Emirates posts record $5.1B annual profit
DUBAI – Dubai's Emirates Group announced annual profits of $5.1 billion on Monday, a rise of 71 percent, as the airline company set a new record for the second year in a row. Citing strong customer demand, it said group profits for the past two years hit $8.1 billion, surpassing …
Read More »Why the UN changed its death tolls of Palestinian women and children killed in Gaza
The United Nations is facing scrutiny after lowering its counts of Palestinian women and children killed since Israel began bombing Gaza in its seven-month war against Hamas. Women, children still account for more than half of identified victims after UN agency revises figures The United Nations is facing scrutiny after …
Read More »‘Roaring Kitty’ returns, sending meme stocks like GameStop surging once again
The man at the centre of the pandemic meme stock craze appeared online for the first time in three years, sending the prices of the quirky and volatile shares sharply higher on Monday. AMC and BlackBerry among companies caught up in surge The man at the centre of the pandemic …
Read More »Luxury retailer Ted Baker begins store-closing liquidation sales
Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started store-closing clearance sales, Ted Baker Canada announced Friday after the company began insolvency hearings late last month. Brooks Brothers, Lucky Brand also affected after insolvency hearings last month Clothing retailers Ted Baker, Brooks Brothers and Lucky Brand have started …
Read More »‘Beyond angry’: Former Trump confidant testifies financial feud followed hush-money payment
During his first day of testimony at Donald Trump's criminal trial in New York, Michael Cohen walked prosecutors through his decade of service as Trump's legal Mr. Fix It — a solver of problems often tangentially related to his professional title as lawyer. Michael Cohen also told the court about …
Read More »Billionaire businessman Arthur Irving dead at 93
Arthur Irving, the hard-charging New Brunswick billionaire who ran Canada’s largest oil refinery, has died at the age of 93. Second son of K.C. Irving ran Canada’s biggest oil refinery in Saint John Arthur Irving, the hard-charging New Brunswick billionaire who ran Canada's largest oil refinery, has died at the …
Read More »All hands on deck to enable ship of state to sail on an even keel
Updates on gross domestic product (GDP) growth, inflation and jobs released last week by the Philippine Statistics Authority (PSA) reflected the outcome of the efforts of the country’s economic managers to steer the ship of state on an even keel in the face of continuing challenges. First-quarter GDP grew 5.7 …
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