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S Korea pension chief arrested in Samsung-linked corruption probe
2 Jan 2017 4:38 AM ISTSouth Korea’s former health minister was arrested under a court order on Saturday in a widening probe to determine whether impeached President Park...
US power utility blames Russia for malware code
2 Jan 2017 4:36 AM ISTA state electric utility has confirmed it had found on one of its laptops a malware code the US government says is used by Russian hackers. The...
French company staff now have ‘right to disconnect’
2 Jan 2017 4:34 AM ISTFrench companies will be required to guarantee a “right to disconnect” to their employees from today as the country seeks to tackle the modern-day...
Going green: China to cut coal capacity by 800 mt by 2020
2 Jan 2017 4:33 AM ISTChina has set a target of reducing its annual coal capacity by 800 million tonnes, according to a government plan reported on Saturday by state media....
US Disney wins ‘Cars’ copyright lawsuit in China
1 Jan 2017 4:30 AM ISTDisney has won a copyright dispute over a Chinese knock-off of its animated movie Cars, a China court said on Friday, a rare victory for a foreign...
With investment flows thinning, China vows to open up economy
1 Jan 2017 4:29 AM ISTBeijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers of commerce complain of a...
BP buys Australian petrol pump network in $1.3-billion deal
30 Dec 2016 4:30 AM ISTBritish energy giant BP announced on Wednesday that it has agreed to buy a network of Australian petrol stations from supermarket chain Woolworths for...
In pro-EU Scotland, whisky makers cheer Brexit boon
22 Dec 2016 5:37 AM ISTWhile most of Scotland voted against leaving the European Union, whisky makers have quietly been raising a wee dram to a side-effect of the Brexit...
55 B’desh garment units shut, 100 workers fired for protest
22 Dec 2016 5:35 AM ISTOver 50 garment units have been shut and more than 100 workers fired in Bangladesh following a widespread protest by factory employees demanding pay...
IMF Board retains ‘full confidence’ in graft-tainted Lagarde’s leadership
22 Dec 2016 4:18 AM ISTThe International Monetary Fund has said it retains "full confidence" in Christine Lagarde's ability to continue to lead the organisation, despite her...
UK bank Lloyds buy’s BoA’s UK credit card arm for £1.9 billion
22 Dec 2016 4:17 AM ISTBritish bank Lloyds on Tuesday bought Bank of America's UK credit card division MBNA for 1.9 billion pounds in the first acquisition since its...
Etihad Airways cuts jobs to reduce costs
21 Dec 2016 4:28 AM ISTEtihad Airways has begun cutting jobs in a restructuring process to reduce cost as it faces tough competition and a weakened global economy, the...