BEIJING (REUTERS) – China’s Foreign Ministry said on Friday (Dec 21) it resolutely opposed “slanderous” accusations from the United States and other allies criticising China for economic espionage, urging Washington to withdraw its accusations. The US should also withdraw charges against two Chinese citizens, the ministry said, adding that China had never participated in or […]
LONDON (Reuters) – European shares opened in negative territory on Friday, following in the footsteps of U.S. and Asian markets hit by the threat of a U.S. government shutdown and of further hikes in U.S. borrowing costs. The pan-European STOXX 600 index was down 0.6 percent at 0852 GMT and continued its slide toward lows […]
NEW YORK (Reuters) – A record one-third of the U.S. population is expected to take to the nation’s roads, rails and skies for Christmas and New Year’s travel, prompting airports to trot out unusual perks like free ice skating and live reindeer to soothe the stressed crowds. In the heavily populated Northeast, travelers will face […]
DUBLIN (Reuters) – Ireland’s tax authorities have demanded that drugmaker Perrigo (PRGO.N), formerly known as Elan, pay 1.64 billion euros ($1.9 billion) in taxes relating to the calendar year 2013, a U.S. securities filing showed. It is one of the biggest demands for back taxes ever made in Ireland, although well below EU antitrust regulators’ […]
MILAN (Reuters) – A disappointing rate outlook from the U.S. Federal Reserve dragged European shares down sharply on Thursday, with several benchmark indexes hitting two-year lows on worries tighter monetary conditions could weigh on sluggish economic growth. The pan-European STOXX 600 index closed down 1.4 percent, so did Germany’s DAX .GDAXI while France’s CAC .FCHI […]
It’s a dome full of flora and festive cheer. Amid the colourful Christmas decorations and displays, National Trades Union Congress secretary-general Ng Chee Meng (in red shirt) spent yesterday morning with 350 less affluent union members and their families at the Flower Dome of the Gardens by the Bay. They took in the sights and […]
SINGAPORE – A woman used fake $100 notes to buy items such as cigarettes, sweets and a phone top-up card, to obtain change of more than $170 in real money. She was part of a group of three friends who used the counterfeit notes at various convenience stores and coffee shops on small items, in […]
Moves comes day after court denied prosecutors’ request to extend detention, raising chance of Ghosn going free on bail. Prosecutors in Japan have rearrested former Nissan chief Carlos Ghosn on new allegations of making the car giant shoulder millions of dollars in personal investment losses, dashing chances he would soon be released on bail. The […]
An Indian man has been arrested for allegedly raping and robbing a British tourist in the western state of Goa. The woman, 48, was attacked around 4:00 local time (22:30 GMT) on Thursday as she was walking to her hotel from a railway station, police told PTI news. The accused is a man from the […]
NEW YORK (Reuters) – A slowdown in global consumer confidence threatens to overshadow the holiday shopping season in the United States, which despite a strong start is not immune to developments in Europe. Super Saturday, the last before Christmas and the biggest shopping day of the U.S. holiday season, is likely to bring in more […]