In Lebanon, a popular central bank governor deals with attack

In Lebanon, a popular central bank governor deals with attack

LONDON (Reuters) - It was 2008 and unlike many countries, Lebanon was sailing through the worst global downturn in 80 years largely unscathed. FILE PHOTO: Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at the central bank in Beirut, Lebanon, November 11, 2019. REUTERS/Mohamed Azakir/File PhotoWith a booming economy and resilient banks,…
China sailed its very first domestically constructed carrier through the tense Taiwan Strait en route to the South China Sea

China sailed its very first domestically constructed carrier through the tense Taiwan Strait en route to the South China Sea

China sailed its first domestically built carrier through the Taiwan Strait on Sunday, which Taiwan denounced as a provocation as election campaigning gets underway on the island country.China's navy said the carrier, which is not expected to enter service until 2020, was on its way to the South China Sea.Visit Business Insider's homepage for more…
What went on inside SoftBank-backed Fair as it burned through money– plus fresh proptech financing and JPMorgan’s new VC protection group

What went on inside SoftBank-backed Fair as it burned through money– plus fresh proptech financing and JPMorgan’s new VC protection group

Hello readers,SoftBank is in a "rough sea" — or at least, that's how its CEO, Masayoshi Son, describes it. That may be putting it lightly. SoftBank Group this week reported a $6.4 billion quarterly operating loss thanks to massive writedowns on WeWork, Uber, and other investments by SoftBank and its Vision Fund. And as we're reporting, the…
Cruise industry takes first ‘green’ steps

Cruise industry takes first ‘green’ steps

The cruise industry, long criticised for polluting the environment, is slowly trying to go greener by exploring new technologies, from hybrid solutions to high-tech sails.- Dirty sector -Cruises get a bad reputation for their climate footprint and even more for the air pollution they generate. Most cruise ships run on heavy fuel, which is cheap but…
Royal Caribbean Beats Expectations Again

Royal Caribbean Beats Expectations Again

The cruise specialist took a hit from Hurricane Dorian, but kept on sailing through the summer months. Investors were optimistic heading into Royal Caribbean's (NYSE:RCL) third-quarter earnings report that includes the seasonally strong summer months. The cruise giant's last few operating announcements were highlighted by surprisingly strong demand and rising ticket prices, which contrasted with…
Canadian islanders angry over US mail searches

Canadian islanders angry over US mail searches

Image copyright Portland Press Herald via Getty Images Image caption Former US president Franklin Roosevelt used to holiday on Campobello Campobello, a small Canadian island on the southwestern tip of New Brunswick, is only accessible year-round by bridge from the US state of Maine. US Customs agents have recently begun intercepting mail sent by Canada's…