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International Business

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Berkshire's Charlie Munger says Costco will compete against Amazon

OMAHA, Nebraska: Expect retail giant Costco to develop a major internet presence and become an important competitor to Amazon, according ...

Selfridges department stores in UK sold in multi-billion pound deal

LONDON, England: A Thai conglomerate, the Central Group, is set to buy luxury UK department store group Selfridges for up ...

New chairman of Disney Company is board member Susan Arnold

BURBANK, California: The Walt Disney Co. has announced that Susan Arnold will become the new board chairman, replacing long-time chairman ...

Grab app valued at $40 billion in debut on Nasdaq

SINGAPORE: Singapore-based Grab, the major ride sharing app used in South East Asia, has made its stock market debut on ...

Ireland's economy grows in 3rd quarter, GDP up 14.5 percent

DUBLIN, Ireland: Despite concerns over the Covid variant Omicron, Ireland's economy displayed healthy growth in the third quarter, with the ...

Laos-China railway begins operating in December

VIENTIANE, Laos: A railway connecting Laos and China will begin operations, though significantly adding to Laos' debt burden.The railway line, ...

International

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Over 1,300 evacuated after volcano rains fire on Indonesian villages

JAKARTA, Indonesia: Rescue personnel in Indonesia are facing the arduous task of looking for survivors in villages blanketed by searing ...

Cold War fears emerge as democracy summit looms

On Wednesday and Thursday of this week, U.S. President Joe Biden will host a virtual "Summit for Democracy." The gathering ...

Ten covid infected cruise passengers placed in isolation in USA

NEW ORLEANS, Louisiana: At least ten passengers and crew members onboard a Norwegian Cruise Line ship that docked in New ...

British hotels report holiday cancellations due to Covid Omicron

LONDON, England: Fears about the Omicron variant of COVID-19 have led to cancellations at UK hotels, as Christmas plans are ...

Edward Shames, last of War II's 'Band of Brothers,' dies at age 99

NORFOLK, Virginia: The last surviving officer in the historic World War II US Army parachute infantry regiment known as Easy ...

Does Pentagon need three-quarters-of-a-trillion-dollars every year?

Despite a disagreement over some amendments in the Senate, the United States Congress is poised to pass a $778 billion ...