カテゴリー: Business
UK manufacturing, energy and transport and telecoms have received investment from Beijing for yearsOver the past decade, Chinese investment worth more than £50bn has flowed into Britain’s economy. From the telecoms networks to London’s famous black cab…
Site that uses more than a tenth of the entire nation’s power and is one of New Zealand’s biggest employers is to shutMore than 1,000 jobs will be lost in New Zealand after mining giant Rio Tinto said it would close an aluminium smelter at the bottom o…
Money has already started leaving Hong Kong, with US$5bn quitting the territory last year, according to Bank of England figuresThe Chinese government’s increasingly tight grip on Hong Kong is undermining the former British colony’s position as a region…
Droves of travellers drawn to the southern alps resort to work in restaurants and hotels face hardship amid Covid-19 border closuresCoronavirus – latest updatesSee all our coronavirus coverageTwo months after the end of lockdown and the resort hub of Q…
Caixin/Markit PMI continues to recover from February trough when coronavirus lockdown was most severe Coronavirus – latest updatesSee all our coronavirus coverage China’s stock market has closed at its highest level in five years after the latest data …
PIA will not be able to fly into the EU for at least six months because of doubts over validity of pilot licencesThe European Union’s aviation safety agency announced today that Pakistan’s national airline would not be allowed to fly into Europe for at…
PIA will not be able to fly into the EU for at least six months because of doubts over validity of pilot licencesThe European Union’s aviation safety agency announced today that Pakistan’s national airline would not be allowed to fly into Europe for at…
Announcement comes against backdrop of global anti-racism protestsL’Oréal al has announced it will remove words like “whitening” from its products, as global anti-racism protests continue.“The L’Oréal Group has decided to remove the words white/whiteni…
Company agrees to change branding to promote ‘more inclusive vision of beauty’The Indian arm of the consumer goods group Unilever says it will change the name of its skin-lightening cosmetics range Fair & Lovely and stop using terms such as “whiten…
Workers in Myanmar say management targeted union supporters under pretense layoffs were related to coronavirus Hundreds of workers at two factories in Myanmar that produce clothing for Zara and Primark were fired days after forming a union in a move wo…
Peter Navarro blames coronavirus for end of agreement, but is swiftly contradicted by Donald Trump, who says it is ‘fully intact’The White House’s stance on China was thrown into confusion on Monday night after trade adviser Peter Navarro announced a t…
One factory owner tells how coronavirus cancellations by UK brands have seen him struggle to pay wagesCoronavirus – latest updatesSee all our coronavirus coverage As high streets across England opened this week and hundreds of people jostled through th…
Locals say the Sepik river region must be protected from ‘exploitation and destruction from outsiders’Chiefs from 28 haus tambarans – “spirit houses” – representing 78,000 people along Papua New Guinea’s remote Sepik river have formally declared they w…
Founder Shintaro Tsuji, 92, steps down and hands control of struggling firm to grandsonThe founder of the firm behind Hello Kitty is stepping down at the age of 92 and handing the reins to his grandson, the first change in leadership in the company’s s…
Once discouraged in favour of modern, smarter cities, vendors have been praised by Beijing in a bid to keep low-skilled in work after coronavirusCoronavirus latest updatesIndia cases surge as lockdown easesOn a quiet street corner in a neighbourhood in…