India’s passenger trains are notorious for being rickety and spartan, but the government is hoping to change all that with a new “luxury” service.
Hong Kong on Thursday hit back at a decision by Moody’s to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China.
Moody’s ratings agency downgraded China’s credit score on Wednesday, warning that economy-wide debt is expected to rise as potential economic growth slows over the coming years.
Mining magnate Andrew “Twiggy” Forrest Monday made the biggest single philanthropic donation in Australian history, giving away Aus$400 million (US$298 million) to a variety of social and scientific causes.
Greece told its EU-IMF creditors Sunday there should be “no excuse” for delays to debt relief payments now that Athens has “fulfilled its obligations” with new austerity cuts.
Having won over Wall Street and Silicon Valley with a low-cost messaging platform that aims to remake the way traders communicate, Symphony creator David Gurle has set his sights on new industries.
Japanese mobile carrier SoftBank said, with Saudi partners, it has raised nearly $100 billion in pledges to launch a major global fund for long-term, high-tech investments.
It was billed as the world’s biggest trade deal, a feather in the cap of globalisation advocates that promised to re-write the rules for 21st century commerce.
The massive global cyber attack that wreaked havoc in computer systems earlier this month caused plenty of visible disruption, not least in Britain’s National Health Service.
Steadily rising US auto sales helped fuel the economic recovery, but sales have shifted into lower gear even as President Donald Trump counts on carmakers to provide a lift to his economic plans.
Spiderman, Thor and Princess Leia are ganging up on Barbie in a battle for America’s increasingly tech-focused toy industry playground.