FedEx cuts 2020 profit forecast – again – as seven-day delivery costs weigh
FedEx Corp on Tuesday issued its second warning for fiscal 2020 profit as it spent heavily to launch Sunday delivery in time for the holidays,...
Fifteen years on, young Indian woman struggles after tsunami ‘took away everything’
Saranya was only nine when the giant waves hit her family’s village in the southern Indian state of Tamil Nadu on Boxing Day in 2004....
Equestrian: Canadian show jumping team loses Olympic spot over doping violation
Canada’s equestrian jumping team have lost their spot at the 2020 Tokyo Olympics due to a doping violation involving one of the riders, the International...
Samsung Electronics board chairman jailed on union-busting charge
Samsung Electronics Co Ltd board Chairman Lee Sang-hoon was sentenced to 1-1/2 years jail on Tuesday for sabotaging legitimate union activities, a South Korean court...
PG&E submits settlement agreement related to 2017, 2018 California wildfires
PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public...
Asia shares rest at highs, sterling licks wounds
Asian stocks took a breather at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking its wounds as...
WeWork arranges $1.75 billion credit line with Goldman Sachs
Shared workplace operator WeWork said on Tuesday it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of...
French unions refuse Christmas truce in pensions protests
French trade unions failed on Tuesday to achieve the big surge in support they had hoped for in street protests to pressure President Emmanuel Macron...
Ship industry proposes $5 billion research fund to help cut emissions
Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets...
U.N. Security Council set for showdown over Syria cross-border aid deliveries
For the past six years the United Nations and other aid groups have been crossing into Syria from Turkey, Iraq and Jordan at four places...