Business
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook. The cut leaves Botswana at the lowest investment-grade level and comes as weaker rough diamond sales…
SEOUL: South Korea posted an 11.3 trillion won managed fiscal surplus in January as stronger tax collection offset higher government spending, with value-added tax and income tax leading the increase in receipts. Finance ministry data showed tax revenue reached 52.9 trillion won in the month, up 6.2 trillion won from a year earlier,…
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier, reversing the prior week’s decline. India’s forex reserves comprise foreign currency assets, gold, Special…
BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The briefing brought together leaders from the economic planning agency, the commerce ministry, the central bank and…
Health
DUBAI: UNICEF, Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) and the Children’s Investment Fund Foundation (CIFF) have launched a US$300 million partnership aimed at helping save 3 million children from malnutrition, the organisations…
LYON: Nearly four in 10 cancer cases worldwide could be prevented by reducing exposure to known, modifiable risk factors, according to a new analysis from the World Health Organization and its cancer research agency…
MENA Newswire, WASHINGTON: U.S. regulators have classified a recall affecting more than 80,000 single serve coffee pods made for Keurig brewers after a labeling error raised concerns for consumers who avoid caffeine. The action…
MENA Newswire, BOSTON: Scientists at Tufts University say they have developed a more efficient way to make tagatose, a naturally occurring “rare sugar” that tastes close to table sugar while delivering fewer calories…
MENA Newswire, CHICAGO: A 25-year research effort at Northwestern University has detailed a consistent pattern among a small group of adults in their 80s and beyond who retain memory performance more typical of people…
MENA Newswire, SEATTLE: Amazon Pharmacy is now filling prescriptions in the United States for a newly approved pill version of Wegovy, the weight loss medicine made by Novo Nordisk. Amazon said eligible customers with commercial insurance…