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The firm may still need as much as 1.3 trillion won ($1.2 billion) in cash to roll over debt in the wake of losses in four of the last five years, main creditor Korea Development Bank said on Tuesday. And going into receivership, under which a court will decide the firm’s...

The UN chief will convene a special event on 21 September at the UN Headquarters in NY for the deposit of instruments of ratification, acceptance, approval or accession to the Paris Agreement on climate change. The decision came soon after USA president Barack Obama landed in...

The authors say coal is the main problem with the carbon intensity of the G20’s energy sector overall, because of the large number of planned new coal-fired power plants.

Authorities say Taylor drove his Bentley into a motorhome and sideswiped a patrol auto when switching lanes Friday evening in Palm Beach Gardens, Florida.

In the latest, enforcement directorate (ED) has attached assets worth Rs 6,630 crore of Vijay Mallya in connection with its money laundering probe. On Saturday, senior counsel Amit Desai sought further indulgence from the court for Mallya who is in United Kingdom who he said was...

After every major quake, proposals are made to improve, but they often languish in Italy’s thick bureaucracy, funding shortages and the huge scope of trying to secure thousands of ancient towns and newer structures built before codes were passed or after the codes were in...

Hanjin Shipping, which represents approximately 7.8% of the transpacific trade volume for the US market, filed for bankruptcy yesterday. As Hanjin Shipping is the world’s seventh largest sea carrier, its fallout has caused turmoil not only in Korean cargo, but also for...

The group, led by former ministers Anna Soubry, Pat McFadden and Norman Lamb, says the UK should be a member of the single market and negotiate a “bespoke UK-EU agreement which prioritises continued elimination of non-tariff barriers and continued influence over regulatory...

“This is a healthy thing if the (job) gains slow down a little bit, because that reduces the risk that the Fed will quickly raise rates and choke off the expansion”, said Josh Wright, chief economist at iCIMS, a recruitment software company and former Fed staffer.

“This is about simplifying how stores work, there are a number of initiatives that are created to get more associates in front of our customers”, said a representative for Walmart to BBC. They are projecting Next Quarter growth of -10.7%.

Tesla Motors will release an update to its semi-autonomous driverless feature, Autopilot.

Joe Biden spoke in support of Hillary Clinton in OH on Thursday and quieted a protester by mentioning his son.

Precious metals were trading slightly lower across the board, with December gold futures edging down $3.80 or 0.3% to $1,323.30 a troy ounce.

Yum! Brands shares rose to their highest level since late June 2015 on Friday after the company said Primavera Capital Group and Alibaba’s Ant Financial Services Group will make a strategic investment of $460 million in Yum China, concurrent with the completion of Yum...

China is the world’s second largest economy, and Canada’s second-largest single-country trading partner.