The Dubai-based construction company that helped build the world's tallest building and other engineering marvels in the United Arab Emirates announced Thursday it would enter liquidation, the final step in a long collapse from the country's economic crisis a decade ago hastened by the...
U.S. Secretary of State Mike Pompeo delivered a warning to Italy over its economic relations with China on Wednesday, and described Chinese mobile telecoms technology as a threat to Italy’s national security and the privacy of its citizens. “The foreign minister and I had a long...
Saudi Arabia's economy shrank by 7% in the second quarter, a sign of how deeply the new coronavirus hit both the oil and non-oil sectors, while unemployment hit a record high of 15.4%, official data showed on Wednesday. The world’s largest oil exporter is facing a deep recession after the...
Telecoms company Huawei Technologies is part of China’s surveillance state, complicit in human rights abuses, a senior U.S. official said on Tuesday, as Washington renewed pressure on Europe to ban the company from fifth-generation (5G) networks. Keith Krach, the undersecretary of state...