Business

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Heavy rain leaves scores dead in Nepal, India, Bangladesh

Jul 14, 2019

Flooding and landslides triggered by heavy rainfall have killed at least 50 people in Nepal in the past few days, with more deaths reported across the border in India and Bangladesh

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Pakistani businesses on strike over new IMF-backed taxes

Jul 13, 2019

Hundreds of thousands of Pakistani businesses are on strike nationwide to protest a new sales tax, which opposition political parties say is being imposed as part of the International Monetary Fund's recent $6 billion bailout package for Islamabad

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The Latest: US aware Turkey taking Russian missile system

Jul 12, 2019

The acting U.S. secretary of defense says Washington is aware that Turkey has begun taking delivery of a Russian-made S-400 air defense system

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The Latest: Gibraltar says seized Iran tanker carrying oil

Jul 12, 2019

The head of Gibraltar's government says an Iranian supertanker seized last week by the British navy on suspicion of carrying Iranian crude to Syria was loaded with 2.1 million barrels of light crude oil

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Russian S-400 defense systems arrive in Turkey

Jul 12, 2019

Turkey's Defense Ministry says the first shipment of a Russian missile defense system has arrived in Turkey, a development that could move the country closer to U.S. sanctions

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The Latest: UN chief calls for 'maximum restraint' in Gulf

Jul 11, 2019

U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe."

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Ex-UN chief concerned over monsoon floods in Rohingya camps

Jul 11, 2019

Former U.N. Secretary-General Ban Ki-moon has expressed concern over risks of monsoon floods threatening the lives of Rohingya refugees in sprawling camps in Bangladesh

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Former Guard commander says Iran should seize a UK tanker

Jul 5, 2019

A former leader of Iran's powerful Revolutionary Guard says the Islamic Republic should consider seizing a British oil tanker in response to authorities detaining an Iranian oil tanker off the coast Gibraltar

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Egypt hikes fuel prices by up to 22 %

Jul 5, 2019

Egypt has hiked up fuel and cooking gas prices again as part of austerity measures designed to overhaul the country's ailing economy

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India's economy likely to grow at healthy 7%, gov't says

Jul 4, 2019

India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year

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