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Washington; The US government has said trade relationship will be strengthened with Taiwan in the upcoming times, a vow that has the potential to annoy China. more
US manufacturers face tough challenges from China's 1-cent masks

Washington: Cheap import of masks from China is blamed by US manufacturers of Premium-PPE as the reason behind the plunge of mask production.

Saudi Arabia announces plans of a second airline to boost non-oil revenues

Riyadh: Saudi Arabia crown prince Mohammed bin Salman has announced the plans to launch a new national airline in order to implement a broader strategy to turn the kingdom into a global l ...

COVID-19 impact on tourism could deal $4 trillion blow to global economy: UN report

New York: The impact of the COVID-19 pandemic on tourism could result in a more than $4 trillion loss to the global economy, UN trade and development body UNCTAD said on Wednesday in a re ...

UK finance watchdog bans crypto-currency exchange Binance

London: The UK's financial regulator has banned crypto-currency exchange Binance, media reports said on Monday.

One-third of Pakistan's budget is consumed by interest payments

Islamabad: Pakistan's fiscal condition seems to be in trouble as it was revealed recently that interest payments consume one-third of the country's budget.

Crackdown on fake reviews: Amazon bans 3 more Chinese brands

Beijing:  E-commerce giant Amazon has given a blow to China by banning three more consumer brands of the East Asian nation amid the marketing platform's ongoing crackdown on atte ...

Small businesses unprepared for pandemic-sized climate shock ‘every decade’

New York: Small businesses which make up more than half of the global workforce were 2.5 times more likely to go under than larger firms in the first months of COVID-19, the International ...

Famine knocking at the door of 41 million worldwide, WFP warns

New York: Famine is already present in four countries but millions more people are at risk, the World Food Programme (WFP) warned on Tuesday, underscoring the need for urgent funding and ...

Pandemic 'rolled back' sustainable development funding for weak economies: UNCTAD

New York: Financial assistance to the world’s 83 weakest economies fell by 15 per cent in 2020, to $35 billion as a direct result of the COVID-19 pandemic, UN trade and development ...