New York’s John F. Kennedy Airport, on most days simply a bore to pass through, descended into chaos last weekend. Waves of confusion rippled through its terminals when passengers, thinking a terrorist attack was underway, stampeded haphazardly in search of refuge. It was all for nothing. There was no attack, no “active shooter.” Evidently, a crowd watching the Olympics ...

  With plunging copper prices, weak currency, ballooning budget deficit and skyrocketing inflation, Zambia is grappling with an unprecedented economic challenge. And the newly re-elected President Edgar Lungu has an extremely tough job at hand — to remedy the various ills ailing the country’s economy. There was a time when the southern African nation had seen the GDP growing at ...

  Mervyn King, former governor of the Bank of England, has written the best article I’ve read on Britain’s exit from the European Union. In an essay for the New York Review of Books he makes many excellent points, but one is of surpassing importance. It’s an obvious point, or ought to be, that nonetheless has been almost entirely ignored ...

  Of all living things, why do humans alone create advanced technology? Not long ago, scientists thought it was because we are the only intelligent life form on this planet. That explanation alone no longer suffices. Over the last decade, scientists have discovered that crows can use tools, hyenas can cooperate to solve complex problems, jays can plan for the ...

  “Communism would have worked, if the Soviet Union had only tried it for real.” I must have heard this argument a dozen times from die-hard leftist friends. Marxist economists such as Richard Wolff and Stephen Resnick even wrote a book making exactly this claim. No doubt, true believers will be just as unwavering in the face of Venezuela’s collapse. ...

  Bloomberg Saudi Arabian stocks joined gains across most Gulf equities after the kingdom said it would let foreign investors take part in initial public offerings, boosting overseas access to the Middle East’s largest exchange. The Tadawul All Share Index added 0.2 percent at 1:23 p.m. local time, its second straight advance. Abu Dhabi’s ADX General Index rose less than ...

Bloomberg Nigeria is looking for investments of $7 billion in mining and steel over the next decade as it seeks to develop gold and iron ore extraction industries to diversify its oil-dependent economy. One of the government’s priorities is to meet its annual steel demand of 6.8 million metric tons, from a current output of a third of that, produced ...

  Paris / AFP Pokemon Go has sent millions of people onto the streets in a worldwide hunt for virtual monsters — and from neighbourhood restaurants to multi-national corporations, businesses smell a profit. “It’s going really well — this is the fourth time we’ve had to restock our Pokemon cuddly toys in two weeks,” said salesman Corentin Flamand, surveying a ...

  Relaxnews Fall 2016 promises another great lineup of smartphone releases with the IFA tech show, Apple’s keynote and various manufacturer launch events all in store to kickstart the season. Here’s a look at some of the mobile devices expected to land this year. A TOP-END PHABLET Unveiled early in August, the Samsung Galaxy Note 7 is up for release ...

  Bloomberg Dropbox Inc., the popular file-storage company, has met with advisers to discuss the possibility of an initial public offering as soon as 2017, according to people familiar with the matter. Management wanted to talk about the feasibility of a listing and get a sense of the valuation the company could fetch from public market investors, the people said. ...