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19879 articles published since 08 Mar 2022

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1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
Business and Economy

A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said. The 250 GTO went on sale Monday evening after a few minutes of bidding in the auction room, but at a price lower than the more than $60 million expected by RM Sotheby's, the luxury car subsidiary of the auction house.

Argentina inflation hits new high before presidential vote
Argentina inflation hits new high before presidential vote
Business and Economy

Argentina's annual inflation rate has hit 143 percent, the statistics agency announced Monday, just days before a presidential election in which the dire state of the economy will be a deciding factor. The national statistics agency reported that inflation over the past 12 months had risen 142.7 percent, up from 138 percent in September.

Emirates, flydubai lay big orders at Dubai Airshow
Emirates, flydubai lay big orders at Dubai Airshow
Business and Economy

Emirates announced a bumper order of 95 planes and flydubai snapped up 30 wide-bodied aircraft as home-grown airlines unveiled big orders on day one of the Dubai Airshow on Monday. This week is the first edition of the biennial Dubai Airshow since Emirates bounced back into the black. th/ho/jsa

Nepal to ban TikTok as it 'disturbs social harmony'
Nepal to ban TikTok as it 'disturbs social harmony'
Technology

Nepal said Monday it will ban TikTok, citing the app's negative effects on the country's social harmony. Sharma said the decision was made because TikTok was consistently used to share content that "disturbs social harmony and disrupts family structures and social relations".

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