Countries adopt COP27 deal with ‘loss and damage’ fund
SHARM EL-SHEIKH, Egypt — Countries adopted a hard-fought final agreement at the United Nations (UN) Conference of the Parties (COP27) climate summit early on Sunday that sets up a fund to help poor countries being battered by climate disasters — but does not boost efforts to tackle the emissions causing them.
Ukraine power supplies are under control, no need to panic — ministry
UKRAINIAN electricity supplies are under control despite a series of Russian attacks on power-generating infrastructure and there is no need to panic, the energy ministry said on Saturday.
Trump snubs Twitter after ex-president’s account reactivated
DONALD TRUMP on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former US president, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk.
US job market little affected by pandemic, say researchers
BOSTON — For all the tumult and disruptions of the coronavirus pandemic, US labor markets have come out on the other side not far from the strong conditions that prevailed before the crisis, a paper presented at a Boston Fed research conference said.
Michael Bloomberg apologizes for Boris Johnson’s speech criticizing China
BEIJING — Michael Bloomberg apologized last week at a business forum hosted by the news agency he founded for remarks by British former Prime Minister Boris Johnson criticizing China as autocratic.
After Elon Musk’s ultimatum, Twitter employees start exiting
Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers...
Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
Meta Platforms, Inc Chief. Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company's next wave of sales growth,...
APEC summit marred by suspected North Korea ICBM test, protest
BANGKOK — Asia-Pacific leaders gathered in Bangkok on Friday for a summit to focus on economic woes but their schedule was disrupted by a...
What if deglobalization is good for emerging markets?
Four trends are set to shape the world in the decades ahead: energy cost differentials, rising wages in China, nearshoring supply chains, and remote...
China’s Xi confronts Canada’s Trudeau at G20 over media leaks
BEIJING — Chinese President Xi Jinping on Wednesday criticized Canadian Prime Minister Justin Trudeau in person over alleged leaks of their closed-door meeting at the Group of 20 (G20) summit, a rare public display of annoyance by the Chinese leader.
France, Spain pledge to halt gas-driven vehicle sales
SHARM EL-SHEIKH, Egypt — France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to accelerate the transition to a low-carbon economy.
Geopolitics to stay in focus at APEC summit in Thailand
BANGKOK — World leaders arrived in Thailand on Thursday ahead of the Asia-Pacific Economic Cooperation (APEC) forum, the last of several of summits in the region that have been dominated by geopolitical tensions over the war in Ukraine.