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Boeing CEO to face Capitol Hill grilling
Boeing CEO Dave Calhoun will likely face tough questions Tuesday when a Senate panel grills the executive on safety problems, manufacturing missteps and alleged efforts to intimidate whistleblowers. The whistleblower allegations surrounding the 787 and 777 are only one of the myriad issues facing Boeing that could come up on Tuesday.
Hong Kong bourse to keep trading through severe weather: leader
Hong Kong's stock exchange will continue trading through typhoons and heavy storms from September, the city's leader announced Tuesday. On Tuesday John Lee said that from September 23 investors can trade as usual "when the typhoon signal number eight or above is hoisted in Hong Kong, or even during a black rainstorm warning".
Meteoric rise of South Korea's webtoons powers Nasdaq IPO
When Bae Jin-soo quit his well-paying job at one of South Korea's biggest conglomerates to write stories, his parents were so upset they kicked him out of the house.
Asian markets rise with Wall St as traders eye latest US data
Asian equities rallied Tuesday, tracking another tech-driven record on Wall Street, while investors awaited fresh US economic data to get a better handle on the outlook for inflation. Investors will be keeping an eye on US retail sales, business inventories and industrial production data Tuesday, which will provide the latest snapshot of the economy.
Adidas shares slide following China corruption claims
Adidas shares slid Monday as the German sportswear giant said it was investigating alleged bribery in China after senior employees were reportedly accused of embezzling huge sums. The bribery claims emerged at the weekend when the Financial Times reported that an anonymous letter, allegedly written by "employees of Adidas China", named several Chinese staff members.
Argentines pawn family jewels to make ends meet
In Argentina's strangled economy, one sector is thriving: the pawn shops buying up gold and other family treasures that many are forced to sell to pay their bills. While half of Argentina's population now lives in poverty, it was once one of the world's richest countries between the 19th and early 20th centuries, and many people have something valuable to pawn.
Put tobacco-style warnings on social media: US health official
Social media platforms should feature tobacco-style health warnings for adolescents, a top US government health official said Monday. "It is time to require a surgeon general's warning label on social media platforms, stating that social media is associated with significant mental health harms for adolescents," he wrote.
Over $1 bn to be pledged for Africa vaccine sovereignty: France
More than one billion dollars will be pledged towards ramping up vaccine production in Africa at a summit held in Paris later this week, France said on Monday. The amount committed by donors -- which include the European Commission, Canada, France, Italy, Japan, South Korea and the United States -- "will exceed a billion dollars", the presidential Elysee Palace said.
Chairman of Italy's state-controlled shipbuilder dies
The chairman of Italy's state-controlled shipbuilder Fincantieri, Claudio Graziano, a retired general who once headed the UN peacekeeping mission in Lebanon, has died aged 70, Italian Prime Minister Giorgia Meloni said Monday. "I am shocked by the news of the tragic death of General Claudio Graziano," Meloni said in a statement, describing him "an upright servant of the state".
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