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US targets Russian oligarchs, officials with new sanctions

Treasury department says new sanctions target officials and businesses for their alleged roles in 'malign activity'.

Rosoboronexport in Moscow

Read more: US targets Russian oligarchs, officials with new sanctions

   

China questions legality of US tariffs at WTO

On Monday China’s ambassador called on other WTO members to join opposition to the Section 301 tariffs.

Xiangchen Zhang, Chinese Ambassador

Read more: China questions legality of US tariffs at WTO

   

Philippines to shut down tourist island Boracay for six months

Boracay's closure ordered by President Duterte after he was outraged by environmental violations.

Read more: Philippines to shut down tourist island Boracay for six months

   

Spotify valued at $26bn in unusual stock debut listing

Spotify's successful debut could pave way for other companies looking to go public without the aid of Wall Street.

Spotify

Read more: Spotify valued at $26bn in unusual stock debut listing

   

China imposes 25 percent tariffs on key US exports

Still unclear when penalties will be imposed, but finance ministry closely watching how US will implement its actions.

soy beans

Read more: China imposes 25 percent tariffs on key US exports

   

Istanbul: World's biggest airport project 'on time'

'[Financial] bottleneck is out of question in the project,' says Turkey's transport minister.

Read more: Istanbul: World's biggest airport project 'on time'

   

French rail workers begin months of strikes against reforms

Rail and airline unions begin series of strikes that represent the strongest test yet for Macron's reform agenda.

French rail workers

Read more: French rail workers begin months of strikes against reforms

   

Credit card data stolen from 5 million customers of luxury stores

Saks Fifth Avenue and Lord & Taylor, two high-end US department stores, acknowledge the breach of sensitive information.

Saks Fifth Avenue

Read more: Credit card data stolen from 5 million customers of luxury stores

   

Akkuyu: Turkey's first nuclear reactor site

In the first phase of construction, two units are planned with a capacity of 2,400 megawatts.

The Akkuyu Nuclear Power Plant

Read more: Akkuyu: Turkey's first nuclear reactor site

   

Elizabeth Warren in Beijing: US to push China to open markets

'The whole policy was misdirected. We told ourselves a happy-face story that never fit with the facts.'

Elizabeth Warren

Read more: Elizabeth Warren in Beijing: US to push China to open markets

   

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