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Philippines to shut down tourist island Boracay for six months

Boracay's closure ordered by President Duterte after he was outraged by environmental violations.

Read more: Philippines to shut down tourist island Boracay for six months

   

Spotify valued at $26bn in unusual stock debut listing

Spotify's successful debut could pave way for other companies looking to go public without the aid of Wall Street.

Spotify

Read more: Spotify valued at $26bn in unusual stock debut listing

   

China imposes 25 percent tariffs on key US exports

Still unclear when penalties will be imposed, but finance ministry closely watching how US will implement its actions.

soy beans

Read more: China imposes 25 percent tariffs on key US exports

   

Istanbul: World's biggest airport project 'on time'

'[Financial] bottleneck is out of question in the project,' says Turkey's transport minister.

Read more: Istanbul: World's biggest airport project 'on time'

   

French rail workers begin months of strikes against reforms

Rail and airline unions begin series of strikes that represent the strongest test yet for Macron's reform agenda.

French rail workers

Read more: French rail workers begin months of strikes against reforms

   

Credit card data stolen from 5 million customers of luxury stores

Saks Fifth Avenue and Lord & Taylor, two high-end US department stores, acknowledge the breach of sensitive information.

Saks Fifth Avenue

Read more: Credit card data stolen from 5 million customers of luxury stores

   

Akkuyu: Turkey's first nuclear reactor site

In the first phase of construction, two units are planned with a capacity of 2,400 megawatts.

The Akkuyu Nuclear Power Plant

Read more: Akkuyu: Turkey's first nuclear reactor site

   

Elizabeth Warren in Beijing: US to push China to open markets

'The whole policy was misdirected. We told ourselves a happy-face story that never fit with the facts.'

Elizabeth Warren

Read more: Elizabeth Warren in Beijing: US to push China to open markets

   

China set to unveil world's longest sea bridge

The 55-km long bridge connecting Hong Kong, Macau and mainland China, will cut travel time in half.

Read more: China set to unveil world's longest sea bridge

   

Iraq anticipates awarding of oil contracts

Iraq changed the contracts after a glut caused oil prices to crash in 2014, reducing Baghdad’s ability to pay the fees.

Kirkuk, Iraq

Read more: Iraq anticipates awarding of oil contracts

   

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Cars, tobacco, and alcohol hit with new tariffs in response to what vice president calls 'US attacks' on the economy.

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