markets

Britain back in recession

Britain’s economy sank back into recession in the first quarter, when it contracted by 0.2 percent amid ongoing state austerity and the eurozone debt crisis, official data showed on Wednesday.

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MORE FROM Markets

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DP World Aden handles the biggest vessels yet

Aden Container Terminal (ACT), operated by global marine terminal operator DP World, has received and serviced one of the largest container vessels to call at the historic Yemeni port, the Kota Carum, owned by Singapore-based Pacific International Lines.

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Automakers unveil new models at Beijing show

markets

Automakers unveil new models at Beijing show

Ford unveiled a three-cylinder mini-SUV and Chrysler showed a dragon-theme Jeep on Monday as automakers rolled out models designed for Chinese buyers at the Beijing auto show amid tougher competition in the world’s biggest vehicle market.

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