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International Business

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Bank targets Gulf wealth surge with locally regulated offerings
Bank targets Gulf wealth surge with locally regulated offerings

DUBAI, U.A.E.: As global banks intensify their focus on fast-growing wealth hubs, HSBC is setting up an onshore asset management business...

Four-runway Bishoftu project aims to become Africa’s largest hub
Four-runway Bishoftu project aims to become Africa’s largest hub

BISHOFTU, Ethiopia: Ethiopia has kicked off construction of a vast new airport near its capital, a project officials say will transform...

China's super-large market creates global opportunities with record imports
China's super-large market creates global opportunities with record imports

BEIJING, Jan. 16 (Xinhua) -- China's total goods imports reached a historic high of 18.48 trillion yuan (about 2.64 trillion U.S. dollars)...

Gold slips as upbeat US data boosts dollar, dims rate-cut bets
Gold slips as upbeat US data boosts dollar, dims rate-cut bets

NEW YORK, 16th January, 2026 (WAM) -- Gold extended its losses on Friday after stronger-than-expected US economic data reduced expectations...

World Bank approves $286 million loan to improve quality healthcare in Bengal
World Bank approves $286 million loan to improve quality healthcare in Bengal

New Delhi [India], January 16 (ANI): The World Bank has approved financing for a program to improve the quality of life and life expectancy...

AI-171 crash probe: Pilots' Federation sends notice to AAIB, calls summons to deceased Pilot's relative "without jurisdiction"
AI-171 crash probe: Pilots' Federation sends notice to AAIB, calls summons to deceased Pilot's relative "without jurisdiction"

New Delhi [India], January 16 (ANI): The Federation of Indian Pilots (FIP) has issued a legal notice to the Aircraft Accident Investigation...

International

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Saks Global seeks Chapter 11 protection with $1.75 billion financing
Saks Global seeks Chapter 11 protection with $1.75 billion financing

NEW YORK CITY, New York: After years of expansion fueled by debt and rising pressure from cautious luxury shoppers, Saks Global has...

US State Department revoked over 100,000 visas since Trump’s return
US State Department revoked over 100,000 visas since Trump’s return

WASHINGTON, D.C.: The U.S. State Department has revoked more than 100,000 visas since President Donald Trump took office last year,...

Grok under lens in UK for explicit deepfake images of women, children
Grok under lens in UK for explicit deepfake images of women, children

LONDON, U.K.: Elon Musk's X is now under scrutiny in the United Kingdom, with the media regulator, the Office of Communications (Ofcom),...

Rare copy of Superman comic book fetches $15 million at auction
Rare copy of Superman comic book fetches $15 million at auction

NEW YORK CITY, New York: A rare copy of the first Superman comic book, which was also once stolen from the home of actor Nicolas Cage,...

Powell calls indictment threat a pretext to control interest rates
Powell calls indictment threat a pretext to control interest rates

WASHINGTON, D.C.: President Donald Trump has sharply intensified his standoff with the Federal Reserve, with the Justice Department...

Northern Finland freezes, all flights cancelled, tourists stranded
Northern Finland freezes, all flights cancelled, tourists stranded

HELSINKI, Finland: The severe cold forced cancelations of flights at Kittilä airport, leaving thousands of tourists in northern Finland...