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04 Mar

Sri Lanka's apparel sector struggles with rolling power cuts

Indika Prasanna Kumara ventures out every afternoon to try to find 200 litres of diesel for the Broadway Kids apparel factory in Sri Lanka so it can run its generators during power cuts and keep working.

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04 Mar

European stocks head for third week of declines

European stocks sank on Friday, on course for their third consecutive week of declines following reports of a nuclear power plant on fire amid fierce fighting between Ukraine and Russian troops.

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04 Mar

Japan's Jan jobless rate rises as COVID hits service sector

Japan's jobless rate rose to 2.8% as the surge in coronavirus infections and mobility curbs hit service sector activity, although a gauge of job availability grew to a 21-month-high in January, government data showed on Friday.

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04 Mar

Detroit's Big Three automakers to let workers stop wearing masks

Detroit's Big Three automakers said on Thursday they will allow autoworkers to stop wearing masks at workplaces where U.S. health officials have said it is safe to do so.

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04 Mar

World Bank Ukraine loan disbursement grows to 460 million euros-sources

A World Bank emergency cash disbursement to Ukraine will grow to 460 million euros ($509 million) with contributions from Sweden and the Netherlands, and will be submitted for board approval on Friday, two people familiar with the transaction said.

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04 Mar

Detroit's Big Three automakers will let workers stop wearing masks

Detroit's Big Three automakers said on Thursday they will allow autoworkers to stop wearing masks at workplaces where U.S. health officials have said it is safe to do so.

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04 Mar

S.Korea Feb inflation accelerates to near decade high amid Ukraine crisis

South Korea's consumer inflation hovered near a decade high in February and stood above the central bank's 2% target for an 11th month, adding pressure on policymakers to raise interest rates amid surging oil prices due to the Russia-Ukraine crisis.

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