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The Financial Express

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Shanghai shuts down all cinemas amid Coronavirus outbreak

Shanghai shuts down all cinemas amid Coronavirus outbreak

-- 2020-01-25 12:49:05

Shanghai has shut down all cinemas during the Lunar New Year holidays, which last until Jan 30, the Liberation Daily said on its online channel. A virus outbreak in China has prompted seven Chinese f...

Powerful quake hits eastern Turkey, leaving 18 dead

Powerful quake hits eastern Turkey, leaving 18 dead

-- 2020-01-25 10:49:24

A powerful earthquake struck eastern Turkey on Friday, killing at least 18 people and collapsing buildings in affected towns near the centre of the tremor, which was strong enough to be felt in severa...

China virus death toll jumps to 41, over 1300 infected worldwide

China virus death toll jumps to 41, over 1300 infected worldwide

-- 2020-01-25 10:39:38

The official death toll from the coronavirus in China jumped on Saturday to 41 from 26 a day earlier, as local media reported a doctor on the frontline of the battle to contain the virus in Wuhan city...

Sri Lanka aims to attract 4.0m tourist in 2020

Sri Lanka aims to attract 4.0m tourist in 2020

-- 2020-01-24 13:24:01

Sri Lanka's Tourism Ministry is aiming to attract four million tourists in 2020, Tourism Minister Prasanna Ranatunga has told local media. The minister said they have fixed a target of five billion U...

Singapore's factory output falls 1.4 pc in 2019

Singapore's factory output falls 1.4 pc in 2019

-- 2020-01-24 13:12:24

Singapore’s manufacturing output declined 1.4 per cent year on year in 2019, said the Economic Development Board on Friday. Last December, the country's factory output declined 0.7 per cent yea...

US weekly jobless claims rise to 211,000

US weekly jobless claims rise to 211,000

-- 2020-01-24 13:06:14

The number of initial jobless claims in the United States rose last week, according to a report released by the US Bureau of Labor Statistics on Thursday. The number of people filing for US unemploym...

Philippines economy grows 5.9pc in 2019

Philippines economy grows 5.9pc in 2019

-- 2020-01-23 15:25:20

The Philippines's gross domestic product (GDP) posted a year-on-year growth of 6.4 per cent in the fourth quarter of 2019, resulting in the 5.9 per cent full-year growth for 2019. Philippines Statist...

Tesla overtakes Volkswagen as value hits $100b

Tesla overtakes Volkswagen as value hits $100b

-- 2020-01-23 14:29:19

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1b). The milestone sets...

One dead in US shooting, five wounded

One dead in US shooting, five wounded

-- 2020-01-23 11:23:40

At least one person was killed and five others wounded in a shooting during the evening rush-hour at a Seattle shopping district in the US on Thursday and the suspects remained at large, police said....

Emirates pledges funds to bushfire relief in Australia

Emirates pledges funds to bushfire relief in Australia

FE Online Desk 2020-01-22 16:02:40

Emirates has announced its contributions to bushfire relief in Australia. The airline will be donating 10 per cent of all Emirates RED sales on every flight from 17 January until 16 February 2020 and...

Indian SC says no stay on citizenship law for now

Indian SC says no stay on citizenship law for now

-- 2020-01-22 13:30:23

The Indian Supreme Court on Wednesday made it clear that it will not grant any stay on the Citizenship Amendment Act (CAA) without hearing the Centre and said it may refer pleas challenging the validi...

Sri Lanka earns record $5.3b from apparel exports in 2019

Sri Lanka earns record $5.3b from apparel exports in 2019

-- 2020-01-22 13:21:30

Sri Lanka earned a record 5.3 billion US dollars from its apparel exports in 2019, showing a 5.1 per cent year on year increase, according to the Joint Apparel Association Forum (JAAF). However, a sl...

General Motor’s Cruise unveils its first driverless vehicle

General Motor’s Cruise unveils its first driverless vehicle

-- 2020-01-22 11:59:01

Cruise, the self-driving car start-up, majority owned by General Motors, has unveiled its first vehicle designed to be driverless. The electric-powered Cruise Origin was developed by Honda, which als...

Taiwan calls on China to share ‘correct’ virus information

Taiwan calls on China to share ‘correct’ virus information

-- 2020-01-22 11:54:23

Taiwan President Tsai Ing-wen called on China on Wednesday to share “correct” information about a new coronavirus and for the World Health Organisation (WHO) not to exclude Taiwan from col...

Greta Thunberg calls on world leaders to listen to young activists

Greta Thunberg calls on world leaders to listen to young activists

-- 2020-01-21 14:54:00

Greta Thunberg, who has inspired a new generation of activists to attend the World Economic Forum in Davos this year, urged world leaders to listen to young people on Tuesday. “I’m not a...

IMF cuts global growth projection

IMF cuts global growth projection

-- 2020-01-21 13:56:19

The International Monetary Fund (IMF) cut global growth projections on Monday, citing negative surprises in a few emerging markets, notably in India, and increased social unrest. However, the IMF als...

Fire kills five in southern Vietnam

Fire kills five in southern Vietnam

Xinhua 2020-01-21 13:26:53

A fire in Vietnam's southern Ho Chi Minh City killed five early Tuesday, Vietnam News Agency reported. The fire broke out in a house located in a small alley of District 9 in Ho Chi Minh City at arou...

Facebook targets UK growth with 1,000 hires this year

Facebook targets UK growth with 1,000 hires this year

-- 2020-01-21 12:38:42

Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering centre outside the United States after Britain leave...

Myanmar panel says security forces likely committed war crimes

Myanmar panel says security forces likely committed war crimes

-- 2020-01-21 11:36:05

An independent commission established by Myanmar's government has concluded there are reasons to believe that security forces committed war crimes in counterinsurgency operations that led more than 70...

Uber sells its India food delivery business to Zomato

Uber sells its India food delivery business to Zomato

-- 2020-01-21 11:11:52

Uber has sold its food delivery service in India to local rival Zomato, the firms have announced. Uber will get a 9.99 per cent stake in the Indian start-up, helping it maintain its presence in the s...

Global FDI drops moderately in 2019: UNCTAD

Global FDI drops moderately in 2019: UNCTAD

FE Online Report 2020-01-20 18:59:05

Foreign Direct Investment (FDI) across the world dropped by 1.0 per cent last year, according to a primary estimation of the United Nations Conference on Trade and Development (UNCTAD). UNCTAD’...

Five killed in Russian hotel after boiling water floods basement

Five killed in Russian hotel after boiling water floods basement

-- 2020-01-20 13:34:13

Five people died in the Russian city of Perm on Monday after a hot water pipe exploded in the night and flooded a basement hotel room with boiling water, the regional investigative committee said. At...

World's richest 2,000 hold more than 4.6b combined: Oxfam

World's richest 2,000 hold more than 4.6b combined: Oxfam

Reuters 2020-01-20 13:00:40

The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global econom...

China to ban bags and other single-use plastic

China to ban bags and other single-use plastic

-- 2020-01-20 11:29:40

China, one of the world's biggest users of plastic, has unveiled a major plan to reduce single-use plastics across the country. Non-degradable bags will be banned in major cities by the end of 2020 a...

New ADB President Masatsugu Asakawa assumes office

New ADB President Masatsugu Asakawa assumes office

FE Online Report 2020-01-19 14:24:27

Masatsugu Asakawa has assumed office as the 10th President of the Asian Development Bank (ADB), an ADB press statement said. "I am honoured to assume the role of ADB President and to begin working in...

China virus cases spike, 17 new infections reported

China virus cases spike, 17 new infections reported

-- 2020-01-19 11:53:33

China reported 17 more cases of pneumonia caused by a new coronavirus strain on Sunday, stoking worries of it spreading as the country gears up to celebrate Chinese lunar new year when hundreds of mil...

Harry, Meghan to drop royal titles

Harry, Meghan to drop royal titles

-- 2020-01-19 11:02:39

Prince Harry and his wife Meghan will no longer be working members of Britain’s monarchy and they will pay their own way in life as they embark on an independent future, Buckingham Palace said o...

China-US trade deal to reduce global uncertainty: IMF chief

China-US trade deal to reduce global uncertainty: IMF chief

-- 2020-01-18 13:45:58

The newly signed China-US phase-one trade deal will reduce the uncertainty that has impeded global economic growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. He s...

Italian exports fall 4.2pc in November

Italian exports fall 4.2pc in November

-- 2020-01-18 12:59:00

Italian exports fell by 4.2 per cent in November 2019 compared to the previous month, and by 3.2 per cent compared to November of 2018, ISTAT national statistics agency has reported. The year-on-year...

Eastern Libya halts more than half the country’s oil output

Eastern Libya halts more than half the country’s oil output

-- 2020-01-18 12:26:37

Eastern Libya ports controlled by commander Khalifa Haftar, who is trying to seize the capital Tripoli, are shutting down oil exports, slashing national crude output by more than half and ramping up t...