AFP, SEOUL:  The axe finally fell on South Korea’s once-mighty Hanjin Shipping yesterday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt. Hanjin filed for bankruptcy protection in August owing $5.37 billion as creditors…

AFP, MOUNTAIN VIEW:  Google parent Alphabet said Thursday that artificial intelligence-infused navigation software has significantly sped up plans to deploy Project Loon internet balloons to serve remote regions of the world Word that being able to more smartly guide high-altitude baloons promised…

Spreading and popularising the use of information and communication technology (ICT) and internet facilities among the common people would further accelerate the process for proper implementation of Vision-2021, reports BSS. Discussants made this opinion while addressing concluding ceremony of the three-day…

AFP, MEXICO CITY:  Ford is sticking with its plan to build two new factories in Mexico, despite an announcement last month that it had scrapped plans for a plant in the central state of San Luis Potosi. The US carmaker said a planned factory in the central state of Guanajuato will build engines…

Drought-tolerant and high-yielding wheat varieties, especially BARI Gom-26, have started gaining popularity among farmers of the Barind tract, reports…

AFP, HONG KONG: Most Asian markets eased further yesterday as investors cashed out following a healthy run-up since last week, and after Wall Street’s…

AFP, TOKYO: Shares in troubled conglomerate Toshiba dived again yesterday as Standard & Poor’s warned it may cut its credit rating while a possible…

AFP, LERWICK:  In the fishing ports of the remote Shetland Islands off northern Scotland, hopes are high that Brexit could boost a once-thriving industry. George Anderson, 59, skipper of the 70-metre (230 foot) trawler Adenia, told AFP that Brexit was a “no brainer” for Shetland fishermen.…

AFP, SEOUL:  Prosecutors yesterday arrested the de facto head of South Korea’s largest conglomerate, Samsung, on bribery and other charges…