The US is now the world's richest nation, beating the Swiss, while the rest of the world is losing its wealth, falling victim to the political muddle surrounding Brexit and the US-China trade war, a new report shows. According to the latest Global Wealth Report published by German insurer Allianz, the average net financial assets...
Saudi Arabia hopes state oil company Aramco, which suffered from last week's drone attack, will be valued at 2 trillion dollars in its IPO listing. This is most likely beyond Aramco's reach, an expert tells Boom Bust. “The Saudis probably have enough spare production and processing capability that they can restore production to pre-attack levels...
Large groups took part in yoga on London's Tower Bridge as 17 miles of roads in the city were closed to traffic.
The World Health Organisation has issued an unusual statement raising questions about whether Tanzania is covering up possible cases of the deadly Ebola virus.
Nine countries of Central and West Asia have signed a declaration on cooperation and reforms in the energy sector, signaling a new step towards creating a regional energy market. The declaration was signed in Tashkent on Saturday by the energy ministers of the Central Asian Regional Economic Cooperation (CAREC) countries. CAREC includes nine Asian states...
Ten people have been killed and 16 others injured when a truck plowed into a crowded market in Hunan province, southern China. According to a police statement posted on Weibo, the driver lost control while coming down an incline and ran into a group of people at a street market in Huashi town. The driver...
Pakistan International Airlines (PIA), the country's national airline carrier, operated dozens of flights from Islamabad Airport without any passengers for two years, local media claims. According to Geo News TV, the airline operated 46 regular flights and 36 Hajj pilgrim flights between 2016 and 2017 with no passengers on board. It suffered an estimated 180...
