WASHINGTON — A former Deutsche Bank investment banker, who was charged in April with misappropriating funds from investors he wooed with promises of big returns from cryptocurrency trading, pleaded guilty on Tuesday, the US Justice Department said. Rashawn Russell faces ...
BRUSSELS — France will seek support from other European Union (EU) countries for a minimum price on flights in Europe in a bid to reduce the aviation sector’s contribution to climate change, Transport Minister Clement Beaune has said. The move, ...
UNITED NATIONS — Ukrainian President Volodymyr Zelensky implored world leaders gathered at the U.N. General Assembly on Tuesday to stand united against Russia’s invasion and said Moscow had to be pushed back so the world could turn to solving pressing ...
WASHINGTON — A Chinese blockade of Taiwan would likely fail and a direct military invasion of the self-ruled island would be extremely difficult for Beijing to carry out successfully, senior Pentagon officials told Congress on Tuesday. China’s military in recent ...
The petrol car ban is expected to be delayed under plans to water down key net zero policies being drawn up by Rishi Sunak. On Tuesday night, the Prime Minister insisted he was still committed to the 2050 net zero ...
WASHINGTON – US President Joe Biden will host a second summit with leaders of the Pacific Islands Forum at the White House on Monday, part of his efforts to step up engagement with a region where the US is in ...
MANILA – Economic growth in developing Asia this year will be slightly lower than previously expected as the weakness in China’s property sector and El Niño-related risks cloud regional prospects, the Asian Development Bank (ADB) said on Wednesday. Updating its ...
SHANGHAI – Boeing on Wednesday slightly increased its annual 20-year forecast for new plane deliveries to China, citing economic growth and increasing demand for domestic travel. The US planemaker said Chinese airlines would need 8,560 new commercial planes through 2042, ...
NEW YORK/LONDON – Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan driving the rise, the Institute of International ...
BEIJING – China on Tuesday urged increased cross-border connectivity with Russia and deeper mutual trade and investment cooperation, as both allies vowed ever closer economic ties despite disapproval from the West after Russian forces invaded Ukraine last year. The Russian ...