Chinese economic growth hits three-decade low

China's economy grew last year at its slowest pace in three decades, hit by weak domestic demand and trade tensions, but while officials warned of further headwinds, separate figures Friday suggest the downward trend is bottoming out.The 6.1 percent rate is a

EU warns of WTO challenge if China-US deal creates 'distortions'

economy, business and finance

The European Union will challenge the China-US trade agreement at the World Trade Organization if it creates "distortions" in the market that harm EU companies, the bloc's envoy to Beijing said Friday.Ambassador Nicolas Chapuis told reporters the 28-nation

US industrial output falls 1% in December vs 2018: Fed

economy, business and finance

The output of US industry fell 1 percent in December last year compared to the same month of 2018, driven by drops in a manufacturing sector impacted by bitter trade wars, the Federal Reserve reported Friday.American manufacturing, which has been in recession

US homebuilding hits 13-year high, led by apartments

economy, business and finance

Construction of new US housing shot to a 13-year high last month, government data showed Friday, a sign that homebuilders were racing to catch up with pent-up demand.The surge was led a sudden boom in apartments, where construction hit its fastest pace in 33 y

Mexico offers 4,000 jobs to new migrant caravan

economy, business and finance

Mexican President Andres Manuel Lopez Obrador offered 4,000 jobs Friday to migrants in a new caravan currently crossing Central America toward the United States."We have more than 4,000 jobs along our southern border, and also migrant shelters. There is work

Mexico's new plan to sell presidential jet: a raffle

economy, business and finance

Mexican President Andres Manuel Lopez Obrador, who has been struggling to find a buyer for what he considers the overly luxurious presidential jet, proposed a novel idea Friday: hold a raffle.The leftist austerity crusader has been vowing to sell the Boeing Dr

Pro-Haftar forces 'block oil exports' from key Libya ports

economy, business and finance

Forces loyal to military strongman Khalifa Haftar on Saturday blocked oil exports from Libya's main ports, the National Oil Company said, raising the stakes on the eve of international peace talks.The closure of Libya's "oil crescent" will cause the countr

SpaceX in 'perfect' test of Crew Dragon emergency abort system

economy, business and finance

SpaceX successfully tested its emergency abort system on an unmanned spacecraft moments after launch Sunday, according to a live broadcast of the event, the last major test before it plans to send NASA astronauts to the International Space Station."As far as

Prince Harry leaves for Canada in 'symbolic' departure: reports

economy, business and finance

Britain's Prince Harry has left the UK to rejoin his wife Meghan and son Archie in Canada, British media reported, as the couple start a new life after their shock exit from the royal fold.The Duke and Duchess of Sussex are bowing out entirely from representi

'Bad Boys' do well, leading N.American box office

economy, business and finance

It took Sony 17 years, but the latest "Bad Boys" sequel appears to be paying off, taking in an estimated $59.2 million for the start of a US holiday weekend, industry watcher Exhibitor Relations reported Sunday."Bad Boys for Life" stars Will Smith and Mart

Malaysia says won't be 'garbage dump' as it returns waste

economy, business and finance

Malaysia has sent back 150 shipping containers of plastic waste to mostly wealthier nations, with the Southeast Asian country saying Monday it would not be the world's "garbage dump".The region has been flooded with plastic from more developed economies suc

French strikes fizzle, but protests take a radical turn

economy, business and finance

The longest transport strike in France in decades appeared to be petering out on Monday, with most Paris metro and national train services back up and running, offering relief to weary commuters.But while the return to work marked a tentative victory for Presi

Moody's downgrades Hong Kong, blames government response to protests

economy, business and finance

Hong Kong's reputation as a global business hub was dealt a fresh blow Monday after Moody's downgraded a key rating, blaming a lack of government response to months of popular protests and China's increased influence over the city's institutions.The rating

Boeing shares tumble as it sees mid-2020 MAX return

economy, business and finance

Boeing officially pushed back the timeframe for the 737 MAX's return on Tuesday, saying the jet will not win regulatory approval to resume service before mid-2020.Boeing has told customers and suppliers "that we are currently estimating that the ungrounding

Netflix ramps up global subscribers, but sees slower growth ahead

economy, business and finance

Netflix said Tuesday it added millions of new subscribers globally over the past quarter as it prepared up for a tougher competitive landscape, but scaled back its outlook for early 2020.The global television streaming giant beat expectations with a profit of

US existing home sales rebound in December but 2019 sales flat

economy, business and finance

Sales of existing US homes were stronger than expected in December, but the total for the full year was unchanged from 2018, according to an industry report Wednesday.The housing market has become an important bright spot in the US economy but the final number

Boeing hit to US economy a worry for Trump reelection bid

economy, business and finance

President Donald Trump is counting on a strong US economy to seal his reelection victory but the Boeing crisis and ongoing trade frictions could undermine that strategy.Trump on Wednesday criticized Boeing as a "very disappointing company" because of the aer

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Arenas of gold: Tokyo venues that will forge Olympic dreams

With six months until the Tokyo 2020 opening ceremony, workers are putting the finishing touches on the 43 Olympic sites that will be located in two main zones. The "Tokyo Bay Zone", dominated by the city's Rainbow Bridge and in the middle of Tokyo's busy

Budgets, boxing and Bolt: the rocky road to Tokyo 2020

From the high of winning the right to host the Games to the depths of a plagiarism scandal and a stadium debacle, the path to the 2020 Olympics has been far from smooth. But with six months to go Tokyo has overcome the nearly all the obstacles and is on schedu

Amazon indigenous leaders accuse Brazil of 'genocide' policy

Brazilian President Jair Bolsonaro's pledge to open up the Amazon to mining companies was tantamount to "genocide", indigenous leaders said Friday at a meeting to oppose the government's environmental policies.Hundreds of elders gathered this week at Paira

Libya 'needs foreign interference to stop': UN envoy

International players must stop meddling in the Libyan conflict, the UN's special envoy told AFP on Saturday, on the eve of a summit of world powers to try to bring peace to the North African nation."All foreign interference can provide some aspirin effect i

US sheriff threatens to defy state to protect gun ownership rights

When Sheriff Scott Jenkins swore to protect the US Constitution, he swore to protect the Second Amendment -- even from new laws in Virginia that he says threaten to deprive citizens of their right to bear arms.Since December, he has become a key figure in a pr

World's 22 richest men have more than all women in Africa: Oxfam

The number of billionaires has doubled in the past decade and the world's 22 richest men now have more wealth than all the women in Africa, Oxfam said Monday in an appeal to the Davos elite to get serious about inequality."Our broken economies are lining the

Huawei exec goes to Canada court to fight US extradition

A senior Huawei executive whose arrest in Vancouver led to a breakdown in Canada-China relations headed to court on Monday to fight extradition to the United States.Meng Wanzhou, the company's chief financial officer and eldest daughter of its founder Ren Zhe

Mexican troops block US-bound caravan travelers

Mexican troops urged some 1,500 Central American migrants to maintain "order and respect" on Saturday after the group attempted to force entry into the country from Guatemala in the hopes of trekking onward to the United States.Standing on the wall above the

Flooding, landslides kill six in Brazil

Flooding and landslides triggered by torrential rains have claimed six lives in southeast Brazil, firefighters said Saturday.Footage on social media showed streets in Espirito Santo state turned into rivers and cars being swept away by raging, muddy water. In

'Simpsons' actor says he'll no longer voice Apu after controversy

"Simpsons" actor Hank Azaria will no longer voice the Indian character Apu, US media reported, more than two years after accusations of racism marred the long-running animated series.Apu Nahasapeemapetilon is the manager of the show's Kwik-E-Mart convenienc

Filipinos turn volcano's ash, plastic trash into bricks

Ash spewed by a Philippine volcano is being mixed with plastic waste to make bricks in an inventive response to the country's persistent problems of pollution and frequent natural disasters.The Taal volcano burst into life nearly a week ago, sending towering

World powers agree new push for Libya peace

World leaders committed Sunday to ending all foreign meddling in Libya's war and to uphold a weapons embargo at a Berlin summit, as part of a broader plan to end the spiralling conflict.The presidents of Russia, Turkey and France were among global chiefs sign

Khamenei downplays protests, says Iran foes exploiting plane tragedy

Iran's supreme leader said Friday that demonstrations at home over the accidental downing of a Ukrainian airliner were unrepresentative of the Iranian people and accused the country's enemies of exploiting the disaster for propaganda purposes.Leading the mai

Premier League wobbles leave top four chase wide open

Chelsea remain in pole position to claim fourth spot in the Premier League and a return to the riches and prestige of the Champions League next season.However, a slump in form from Frank Lampard's men has left the door open for Manchester United, Tottenham an