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Economy

There are some big warning signs for the UK economy

LONDON: The warning signs of 2019 are lighting up for the UK economy as Brexit comes to a head.

AseanPlus News

Obsessive Chinese fans of K-pop stars Wanna One force flight to be delayed

Fans from mainland China and Hong Kong had booked tickets to get a closer look at their idols, but then demanded to leave the plane before it took off

Corporate News

Johnson & Johnson moves to limit impact of report on asbestos in Baby Powder

NEW YORK: Johnson & Johnson on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, taking out full-page newspaper ads defending its product and practices, and readying its chief executive for his first television interview since investors erased tens of billions of dollars from the company’s market value.

Markets

Oil drops over 5 percent on economic slowdown fears, supply glut(Update)

NEW YORK: Oil prices tumbled more than 5 percent on Tuesday in heavy trade due to fears of oversupply and deteriorating demand, extending a selloff that has taken major crude benchmarks down more than 30 percent from an October peak.

TECH

Russian trolls aimed to deter black US voters: study

The Russian troll farm that disrupted the 2016 US presidential election sought particularly to demoralise African-Americans and deter them from voting, according to a comprehensive new report for the Senate.

Markets

US faces biggest stocks drop in 87 years, global stocks dip ahead of Fed news

NEW YORK: Global equity markets dipped on Tuesday as nervous investors awaited indications whether the Federal Reserve will be able to raise interest rates much further amid turbulent markets and a weakening outlook for the global economy.

World

North Korean media warns of "unhealthy ideas" spread by mobile phones

SEOUL (Reuters) - North Korea's main state newspaper warned on Tuesday of the "negative impact" from mobile phones use around the world, as both legal and illicit communications devices proliferate in the isolated country.

Football

UEFA to investigate alleged anti-Semitic chanting by Chelsea fans

(Reuters) - UEFA has launched an investigation into allegations of anti-Semitic chanting by Chelsea supporters during their final Europa League group match against Vidi FC in Budapest last week, European soccer's governing body said on Tuesday.

Football

Another acrimonious exit for Mourinho in growing list

(Reuters) - Jose Mourinho is undoubtedly one of the most successful managers of his generation, yet the manner in which he often leaves a club after delivering success points to why he may never enjoy universal love and acclaim despite a glittering resume.

World

Kremlin rejects new U.S. reports alleging Russian election meddling

MOSCOW (Reuters) - The Kremlin on Tuesday rejected two new U.S. reports alleging Russian meddling in the 2016 U.S. presidential election, saying they lacked detail and failed to explain how the Russian government was allegedly involved.