International News

Most of oil on damaged ship in Mauritius collected: representative for ship owner

Most of oil remaining on a Japanese bulk carrier that struck a coral reef off Mauritius late last month and leaked an estimated 1,000 tonnes of oil has been collected, a representative of the ship owner, Nagashiki Shipping, said on Wednesday.

Democrat Biden and new running mate Harris to make first campaign appearance

Harris, 55, the first Black woman and the first Asian American to appear on a major-party presidential ticket, was announced as Biden’s choice on Tuesday after a selection process that drew extra scrutiny thanks to Biden’s age.

Exclusive: U.S. ban on TikTok could cut it off from app stores, advertisers – White House document

Following Trump’s executive order last week, TikTok told advertisers it would continue to honor planned ad campaigns, refund any that it cannot fulfill, and work with major influencers to migrate to other platforms in the event of a ban. Some advertisers told Reuters they were drafting contingency plans and considering other apps for their marketing.

Oil rises after bigger-than-expected drop in inventories

In India, demand for fuel in July dropped 10.8% from a year earlier, the fifth month of year-on-year declines, government data showed on Tuesday as a rise in coronavirus cases and floods in many parts of the country restricted economic activity.

Sea life around Mauritius dying as Japanese ship oil spill spreads

“We don’t know what may happen further with the boat, it may crack more,” said clean up volunteer Yvan Luckhun.

Biden picks Kamala Harris, Russian vaccine skepticism, and the 2020 gold rush: CNBC After Hours's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Meg Tirrell breaks down the skepticism around Russia's claims to have won the global vaccine race. Plus, CNBC's Bob Pisani explains why gold prices

Oil gains on U.S. stimulus hopes and demand recovery

China’s factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world’s second-largest economy.

Sea life around Mauritius dying as Japanese tanker oil spill spreads

Activists told Reuters that dead eels were floating in the water and dead starfish washed in the sticky black liquid. Crabs and seabirds are also dying.

Big U.S. companies form group to boost hiring of minorities in New York

“Today’s economic crisis is exacerbating economic and racial divides and exposing systemic barriers to opportunity”, Dimon said in an opinion piece in the Wall Street Journal on Monday, adding that often high-achieving people across New York were not given opportunities at the city’s top employers.

Hong Kong goods for export to U.S. to be labelled made in China

The United States on Friday imposed sanctions on Hong Kong Chief Executive Carrie Lam and the city’s current and former police chiefs accused of curtailing political freedoms in the former British colony.

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