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China's March exports grow despite Covid; imports flat amid curbs

Local outbreaks have caused great pressure on production and operation of some enterprises and the stability of the supply chain, said a customs official, Li Kuiwen, at a news conference

Delta Air Lines loses $940 million in Q1, but bookings, revenue, surge

US reported that inflation in the past year rose at its fastest pace in more than four decades, led by soaring fuel costs, which is the second largest input costs for airlines after labour

UK inflation rises at fastest pace in 30 years on soaring energy costs

Inflation in the United Kingdom accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said

Covid-19 cases and deaths fall for 3rd consecutive week, says WHO

New cases and deaths are falling in every region of the world, including the Western Pacific, where a surge of infections has triggered severe lockdown measures in China

China's March exports grow 15.7% despite coronavirus; imports flat

China's exports rose 15.7% in March over a year earlier while imports were flat due to disruptions from coronavirus outbreaks.

Russia makes little headway in slowing a Western arms express into Ukraine

Western weaponry pouring into Ukraine helped blunt Russia's initial offensive and seems certain to play a central role in the approaching, potentially decisive, battle for Ukraine's Donbas region.

US, allies aim to force Russia to shift money away from war: top official

The US and its allies are pushing ahead with sanctions aimed at forcing Vladimir Putin to spend Russia's money propping up its economy rather than sustaining its war machine for the fight in Ukraine

FIFA warned court of World Cup chaotic harm if Russia team played

Letting Russia try to qualify for the World Cup risked doing irreparable and chaotic harm to the competition, FIFA successfully argued at sport's highest court.

FIFA gets into streaming platform business with own soccer version

FIFA is getting into the streaming platform business with a soccer version of Netflix and Amazon Prime.

Covid-19 plunged 77 million into poverty before Ukraine war: UN report

The pandemic plunged 77 million more people into extreme poverty last year and many developing countries can't recover because of the crippling cost of debt repayments

Tesla CEO Elon Musk accused of breaking law while buying Twitter stock

Elon Musk's huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colourful billionaire illegally delayed disclosing his stake in the social media company

Gunman sets off smoke bomb, shoots 11 in rush-hour New York subway car

Preliminary information indicates the gunman who fled was wearing a construction vest and a gas mask.

Japan's Honda outlines strategy to forge ahead on electric vehicles

Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.

War in Ukraine to curb trade and economic growth this year, says WTO

The WTO said its projections for world trade take into account factors like the impact of the war, sanctions on Russia and shrinking worldwide demand amid lower business and consumer confidence

South Africa's Durban area hit by heavy floods, 45 dead

South Africa's military has been deployed to Durban and the surrounding eThekwini metropolitan area on Tuesday to assist with rescue operations as residents flee flooded areas

US inflation jumped 8.5% in past year, highest in over 40 years

Prices have been driven up by bottlenecked supply chains, robust consumer demand and disruptions to global food and energy markets worsened by Russia's war against Ukraine

Telecom giant Nokia exits Russian market over Ukrainian invasion

Nokia said it has suspended deliveries, stopped new business and moved research and development activities out of Russia in the past weeks

Russian war worsens fertilizer crunch, risking food supplies

Despite thousands of miles separating her from the battlefields of Ukraine, Kariuki and her cabbage, corn and spinach farm are indirect victims of Russian President Vladimir Putin's invasion.

US pulls non-emergency staff from Shanghai amid Covid-19 surge

Many residents in the city of 26 million have been confined to their homes for up to three weeks as China maintains its zero-COVID strategy of handling outbreaks with strict isolation and mass testing

Zuckerberg money won't be in next round of aid for US elections

The 2020 effort by Zuckerberg and his wife, Priscilla Chan, amid the COVID-19 pandemic fueled conservative anger and distrust of the presidential election outcome