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13876 articles published since 08 Mar 2022

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US exports hit new record in June, lowering trade deficit
US exports hit new record in June, lowering trade deficit
Business and Economy

American exports set another record in June, narrowing the US trade gap for the third consecutive month, according to official data Thursday. The US trade gap with China rebounded after narrowing in May, rising $4.7 billion to a new record of $36.9 billion on a surge in imports after dipping the prior month, the report said.

Alibaba quarterly revenue flat for first time ever in June
Alibaba quarterly revenue flat for first time ever in June
World

Chinese e-commerce giant Alibaba reported flat revenue growth on Thursday for the first time ever, as the country grappled with an economic slowdown and Covid-19 resurgences kept consumers jittery. The company's revenue growth was flat "primarily due to a decline in China commerce segment revenue" although this was offset by growth in the cloud segment, Alibaba said.

Rwanda attacked Congo troops, backed rebels: experts for UN
Rwanda attacked Congo troops, backed rebels: experts for UN
World

Rwandan troops have attacked soldiers inside DR Congo and aided the M23 rebel group, according to a report by independent experts for the UN seen by AFP on Thursday. M23 fighters and Rwandan troops "jointly attacked" the site after Rwandan troops had crossed into the DRC the day before, it alleged.

Blasts ring out as fires rage in Berlin forest
Blasts ring out as fires rage in Berlin forest
World

A huge fire broke out Thursday in a popular forest in western Berlin next to a police munitions storage site, sending plumes of smoke into the skies and setting off intermittent explosions. Police said they were investigating what set off the fire.

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