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LONDON/MEXICO CITY: Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.
NEW DELHI: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewellery to meet expenses, after failed attempts at starting a home business and finding another job.
Tunisia: After years of war in Libya, Tunisian traders celebrated the reopening of the border with their oil-rich north African neighbour as a positive sign they hoped would stimulate economic growth.
KUALA LUMPUR: The market for environmental, social and governance (ESG)-related projects in Malaysia will require financing of about RM45bil in the next five years to 2025, says United Nations Global Compact Malaysia and Brunei chairperson Ramesh Kana.
BEIJING: Global kiwi fruit giant Zespri is looking to scale up its presence to 100 cities in China from the current 50 and bring onboard more partners in the next five years as it looks to tap into rising market opportunities.
LONDON: The gap between London house prices and those in northern England is at its narrowest since 2013 as a pandemic-induced “race for space” sends buyers in search of bargains way beyond the British capital.
Shipbuilding firm eyeing assets with earnings visibility
IN THE run-up to the 2020 United States election, a meme started making the rounds on Twitter. “Transport is climate policy, ” someone would tweet above an article about subway improvement. “Childcare is climate policy, ” they’d say about a paid maternity leave proposal. The quip applied to almost everything – even voting by mail.