(CNN)Shipping experts believe it could take days or even weeks to free the 224,000-ton vessel that is wedged across the Suez Canal, blocking one of the world’s busiest waterways since Tuesday. The Ever Given, a container ship almost as long as the Empire State Building is tall, ran aground on March 23 after being caught in 40-knot winds and a […]

LONDON — Is Boohoo taking its first steps toward transparency and more ethical production? The fast fashion retailer published an updated and shortened list of its U.K. manufacturers, having vowed to make changes after a sweatshop scandal last summer. On Thursday, the online retailer said it had culled its supplier list, and is now working with 78 British companies, compared […]

After 10 people at a Colorado supermarket were gunned down this week, a question familiar in America’s cycle of bloodshed began to echo: Does mental illness drive mass shootings?   The 21-year-old suspect arrested in the rampage, the second in a week, was almost immediately described by family members as paranoid and antisocial. But researchers and advocates say the rush to cast blame on a mental illness […]

America’s long stretch of dwindling coronavirus cases has stalled, and rapid increases in some states could count for more than ongoing declines in others. U.S. health officials expressed concern Wednesday about the plateau and refused to say the nation has turned the corner on the coronavirus pandemic. “I continue to be worried about the latest data and the apparent stall we’re […]

BEIJING (Reuters) – More foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing’s propaganda offensive against H&M over the Swedish company’s previously aired concerns on Xinjiang.Slideshow ( 2 images )Earlier this week, China denied allegations of human rights abuses by its officials in the western region of Xinjiang after the European […]

The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed. Stocks of listed public sector undertakings (PSUs) have had a good run at the bourses since the presentation of the Union Budget in February when the government reiterated its commitment to pare stake in […]

The owners and insurers of Ever Given, lodged in the Suez Canal for days, could be facing a hefty insurance bill once unstuck. The main costs could revolve around machinery damage and claims from other ships dealing with delays. Efforts to refloat the ship will resume on Thursday morning local time. See more stories on Insider’s business page. The owners […]