Alibaba reveals sturdy world development

Picture copyright Getty Photos China’s Alibaba has seen a pointy enhance in worldwide gross sales, an indication that it’s lastly making strides outdoors its house turf. Its newest outcomes present worldwide gross sales elevated by 123% to 1.1bn yuan ($165m, £127m) between April and June. Nonetheless, that determine nonetheless made up simply four% of Alibaba’s general income. The e-commerce big, based the billionaire Jack Ma, is a widely known title

Egypt will get $12 billion bailout

Egypt desperately wants it. The economic system has slumped because the Arab Spring in 2011. Political unrest and a sequence of forex devaluations have scared off overseas buyers. To make issues worse, terror attacks and aviation disasters have paralyzed its very important tourism trade. In accordance with the preliminary settlement launched by the IMF on Thursday, Egypt will obtain the emergency loans over the following three years. The bailout nonetheless

Russia’s financial system in recession for 18 months

The nation’s financial system was zero.6% smaller within the second quarter of 2016 than the identical interval final yr, in accordance with official knowledge printed on Thursday. However there’s a glimmer of hope for Russians who’ve seen their residing requirements endure over the past yr and a half — the tempo of the slowdown is beginning ease. The financial system shrank by 1.2% within the first quarter, following a 3.7%

Olympic scandals, then and now

Whole nations can fall into shame, as with the East Germans within the ’70s and the present doping allegations in regards to the Russian workforce in Rio. Historical past is filled with such Olympic scandals, beginning with the appearance of the Video games in historical Greece. “Within the title of all of the opponents I promise that we will participate in these Olympic Video games, respecting and abiding by the

The oldest and youngest Olympic athletes

Certainly, there’s no specific age restrict for collaborating within the Olympic video games. Every Worldwide Sports activities Federation units its personal limits. The youngest athlete competing in Rio is Nepalese swimmer Gaurika Singh, according to the official Olympic News Service blog; she’s 13 years previous. In the meantime, US monitor and discipline athlete Meb Keflezighi is 41; Nice Britain’s Jo Pavey, a monitor and discipline athlete, is 42; and Mary

UK police probe drone near-miss with industrial flight

Police say 62 individuals had been on board the flight which was approaching Newquay Airport when a drone was seen flying alongside it at about 900 toes, two miles from touchdown. A spokesperson for the airport confirmed to CNN that the pilot of a Flybe service from London Stansted noticed the drone on its ultimate method — however mentioned that there had been no hazard of a collision. Neither the

Opinion: Philippines stumbling in direction of isolation

This comes amid Duterte’s ongoing common skepticism relating to the worth of human rights — seen most clearly in his open embrace of violence as a part of a push towards each drug sellers and addicts. Duterte’s assumption of the presidency was extensively predicted to result in a chill within the bilateral relationship with Washington, with analysts expecting a hedging strategy, in search of to play off the US and

When Canada is just not taking part in good with the US

However that U.S.-Canada commerce relationship through the years is worse than you may assume. There’s been commerce wars, retaliation, allegations of dumping and jobs misplaced. “Our buying and selling relationship clearly is powerful…however the relationship has been rocky, regardless of the agreements we have now in place,” says Stuart Trew, an editor on the Canadian Centre for Coverage Alternate options, a analysis group in Ottawa, Canada’s capital. Republican presidential nominee

Aleppo battle: Can victory maintain?

Led by a bunch of rescue staff, dozens clapped and chanted: “The neighborhood is free! There is no such thing as a siege! The neighborhood is free,” in a video posted by the rebel-aligned Aleppo Media Heart. Reveling in giant public gatherings could appear bizarre to most, however in Syria it’s an act of unwavering defiance and bravado amid virtually fixed bombardment from the skies. However on this uncommon day,

Final medical doctors in Aleppo write letter to Obama

The 15 medical doctors serving the 300,000 individuals nonetheless residing in jap Aleppo urged the US President to create a everlasting lifeline to usher in urgently wanted medical provides. “We have now seen no effort on behalf of the US to elevate the siege and even use its affect to push the events to guard civilians,” mentioned the letter. And whereas there have been uncommon celebrations within the streets, the