Recent Posts

Korean Air’s quarterly profit defies Covid-19 travel slump

Bloomberg Korean Air Lines provided some rare positive news for the devastated global aviation industry, reporting a quarterly profit after flying planes loaded with products from South Korean technology giants to homebound consumers around the world. The carrier’s operating profit was 148.5 billion won ($125 million) for the April-June period. Cargo sales climbed 95% from a year earlier to 1.23 ...

Read More »

US’s visit to Taiwan begins with rising China tensions

Bloomberg Health and Human Services Secretary Alex Azar arrived in Taiwan on Sunday for the highest-ranking visit by a US official to the island in decades, a trip that stands to further worsen spiralling relations between the US and China. Azar is set to discuss the international response to the coronavirus, along with supplies of medical equipment and technology, according ...

Read More »

Lebanese minister resigns as global powers discuss aid

Bloomberg Lebanon’s minister of information resigned a day after deadly protests against the government’s role in last week’s devastating blast in Beirut, and hours before global leaders gathered to discuss aid to the country. Information Minister Manal Abdel Samad submitted her resignation “in response to the public calls for change,” she said in a televised press conference on Sunday. Nehmat ...

Read More »
Send this to a friend