Seoul / AFP After more than a decade of global dominance, South Korea’s shipbuilders face an unprecedented crisis that threatens the very survival of one of the flagship industries of Asia’s fourth largest economy. South Korea’s “Big Three” shipbuilders were once considered the holy trinity of Korea Inc. — controlling nearly 70 percent of the global market after seeing ...

  Mexico / AFP Sharks swim around a platform off Mexico’s east coast as scientists drill deep into the ocean floor, extracting the remains of the asteroid widely blamed for the demise of the dinosaurs. Some 30 meters (98 feet) above the ocean floor, the researchers pull out cylinders filled with rocks that could unlock the mysteries of life and ...

  Our Correspondent / Emirates Business As the largest US publisher of magazines worldwide, Hearst Magazines International, a unit of Hearst Corporation, has entered the hospitality industry in Dubai. Hearst Corporation, which encompasses 285 magazines and 200 websites in 34 languages across the 81 countries, has recently inaugurated the world’s first Harper’s BAZAAR Cafe in Dubai Design District (d3), in ...