World Biz
Changi Airport records 11 percent growth in China-Singapore passenger traffic in May2017-06-28
Singapore Changi Airport registered an 11 percent year-on-year growth in passenger traffic between China and Singapore last month, the airport announced on Tuesday.
Houston's medical giant lays off 350 employees2017-06-28
The Memorial Hermann Health System, Houston's largest employer, is laying off another 350 employees, bringing its total to more than 460 this year, the medical center announced Tuesday.
Danish shipping company Maersk's IT system hit by cyber attack2017-06-28
Shipping giant A.P. Moller-Maersk said on Tuesday its IT systems were down due to the Petya cyber attack.
EU fines Google 2.42 billion euros over abusing dominance as search engine2017-06-28
The European Commission fines Google 2.42 billion euros (2.7 billion U.S. dollars) for abusing its dominance as a search engine by giving illegal advantage to its own comparison shopping service.
Apple buys German tech firm specializing in eye tracking systems2017-06-28
Apple has underlined its virtual and augmented reality ambitions with the purchase of German technology firm SensoMotoric Instruments, German press agency DPA reported Tuesday.
Gas giant Santos enters new strategic partnership with Chinese investors2017-06-28
One of Australia's largest natural gas producers, Santos, has launched a new strategic partnership with existing Chinese shareholders on Tuesday.
U.S. Fed official backs gradual rate hikes to foster sustainable growth2017-06-27
U.S. Federal Reserve Bank of San Francisco President John Williams said on Monday that the Fed should keep gradually raising interest rates to foster sustainable growth in the United States.
Japan's embattled Takata files for bankruptcy, U.S. auto parts maker to buy most assets2017-06-27
Japan's embattled Takata Corp. said on Monday that it had filed for bankruptcy protection and would sell its business to a U.S. third party, in what is the biggest corporate failure ever of a Japanese manufacturer.
South Africa seeks to increase tourism's contribution to economy2017-06-27
Tourism has the potential to improve the country's economic performance and the people's livelihoods, said Sisa Ntshona, CEO of South African Tourism on Monday.
Insee revises France's first-quarter growth to 0.5 pct2017-06-26
The growth rate of France, the eurozone's second leading power, grew by 0.5 percent in the first quarter of the year from the last quarter of 2016, Insee national statistics agency said here on Friday.
Albanian banking system sees further drop in non-performing loans2017-06-26
The level of non-performing loans in the Albanian banking system has recorded a further decline, falling down to a new low of 16.6 percent in April, the lowest since mid-2011, data from the Bank of Albania (BoA) showed Sunday.
Volvo to recall 600 cars in China2017-06-26
Volvo (China) Investment Co., Ltd. is to recall 595 cars due to defects in seatbelts, according to China's quality watchdog.
American gas prices dropping with no end in sight2017-06-26
How far will gas prices drop? American consumers asked this week, as some experts said summer prices could drop to 1990 levels.
Toshiba shares to be knocked from main section of Tokyo Stock Exchange2017-06-26
Troubled Japanese tech giant Toshiba said on Friday that its shares will be demoted from the main section of the Tokyo Stock Exchange (TSE) from August as its liabilities had exceeded its assets by the end of fiscal 2016.
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