The insurance payout on the beleaguered Boeing 737 MAX aircraft after two crashes claimed 346 lives will likely be the biggest ever, S&P Global Ratings said Tuesday. Marc-Philippe Juilliard, a director with S&P, told a

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A slowdown in Dubai's economy since 2014 is forecast to carry on through 2022 due to low oil prices, fallout from the US-China trade war and political turmoil, Standard and Poor's said Tuesday. Growth in

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Britain's new high-speed railway linking London with other major English cities will open years late and cost an extra £20 billion ($24 billion, 22 billion euros) to build, the government warned Tuesday. The Department for

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Europe's "long battle" against fake goods from China has become even more difficult with the upsurge in online shopping, where fraudulent and often dangerous products were being sold, an EU official said Tuesday. "The biggest,

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Australia's central bank kept its cash rate at an all-time low of 1% on Tuesday, expecting recent back-to-back policy easing to boost broader economic growth in coming quarters, though it left the door ajar for

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China on Tuesday denied it was to blame for fentanyl deaths in the United States after President Donald Trump accused Beijing of reneging on its promise to crack down on the opioid. US authorities have

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Britain's Prince Harry on Tuesday launched a new sustainable tourism project, just weeks after coming under fire for taking private jets on holiday with his family. Harry said the Travalyst initiative would work with travel

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US manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining sharply as trade tensions weighed on business confidence, raising financial market fears of a recession. Concerns

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Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday sent stern warnings to China, urging the Pacific power not to drag its feet in trade negotiations. After a

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Britain could lose at least $16 billion annually on exports to the European Union if it leaves without a deal and possibly billions more on trade beyond the bloc, UN economists said Tuesday. In a

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