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Alibaba's Taobao takes down overpriced face masks on its marketplace
(Reuters) - Alibaba's
EV maker Rivian says expect prices lower than previously announced
MILL VALLEY: Electric vehicle startup Rivian has displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced.
Putin’s final-term strategy
MOSCOW: With time running out on his final term as president, Vladimir Putin evidently wants to end it with a boom.
Tourism in Japan hit by China tour ban
TOKYO: Japan’s goal of attracting 40 million visitors this year may already be in danger, following China’s decision to ban tour groups going overseas to help contain the impact of the rapidly spreading novel coronavirus.
Prepare for turbulence in emerging markets
ENCOURAGING trends in emerging markets belie their volatility since the taper tantrum of 2013, when the Federal Reserve signalled it was pulling back on quantitative easing. Further turbulence is likely, despite the improving outlook for advanced economies, easing trade tensions and accommodative monetary policy.
Hubline’s aviation unit to acquire air ambulance
KUCHING: Dry bulk shipping firm Hubline Bhd said its aviation subsidiary is in the process of buying an air ambulance targeting the regional markets.
Rolexes and cars; Lebanese spend big to prise savings from the bank
BEIRUT (Reuters) - When she heard Lebanese banks would limit cash withdrawals, Rita, a doctor, rushed out to buy a $10,000 (£7,608.03) Rolex watch on her credit card, anxious to protect some of her savings. "It's better than keeping my money in the bank," she said.
China tour ban deals blow to Japan’s goal of 40 Million visitors
BEIJING/TOKYO: Japan’s goal of attracting 40 million visitors this year may already be in danger, following China’s decision to ban tour groups going overseas to help contain the impact of the rapidly spreading novel coronavirus. Chinese tourists made up almost a third of all arrivals to Japan in 2019.