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Business

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US hotel projects to stall as developers unable to receive loans

NEW YORK CITY, New York: Due to tighter lending standards from regional banks, US hotel developers are finding it more ...

Concern over engine fires causes 142,000 Ford SUV, truck recalls

DETROIT, MICHIGAN: Ford has announced that due to an engine defect that could cause fires, it will expand and issue ...

Modest gains for American stock markets Friday, U.S. dollar loses steam

NEW YORK, New York - The bulls had the upper hand again on Friday, pushing the major indices to new ...

Subsidies make Tesla Model 3 less expensive than Toyota Camry

LOS ANGELES, California: After adjusting its battery supply chain to qualify for federal credits and other tax breaks, Tesla's Model ...

Apple sets record as valuation nears $3 trillion

NEW YORK CITY, New York: Before the start of its annual Worldwide Developers Conference this week, Apple shares hit a ...

Brain implant company Neuralink valued at $5 billion

FREMONT, California: Elon Musk's brain implant startup Neuralink, valued at some $2 billion during a private fundraising round two years ...

China

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U.S.-Taiwan to sign off on agreements based on Initiative on Trade

TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...

End of US dollar dominance approaching top Russian banker

CEO of Russia's state-run bank VTB Andrey Kostin points to the inevitable rise of the Chinese yuanThe hegemony of the ...

South Africa President Briefs Xi on African Russia-Ukraine Peace Plan

South Africa's President Cyril Ramaphosa has briefed Chinese leader Xi Jinping on the upcoming visit by African leaders to Russia ...

InPics: Chengdu Universiade torch relay starts in Beijing

BEIJING, June 10 (Xinhua) -- The torch relay for the 31st FISU World University Games began here on Saturday, kicking ...

Exam under reform allows more individuals to chase diverse dreams

© Provided by Xinhua BEIJING, June 10 (Xinhua) -- When China's first civilian astronaut Gui Haichao was sent to the ...

China vows to ramp up flood control, disaster relief work

© Provided by Xinhua BEIJING, June 10 (Xinhua) -- China will ramp up its flood control and disaster relief efforts ...

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