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January 19, 2018 3:53 PM Amazon raises monthly Prime membership fees by 20 percent

NEW YORK (AP) - Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent. The fee of $99 for an annual membership will not change, the company said Friday. The online retailer had added the monthly payment option about two years ago as a way to hook shoppers - especially during the holiday season - who wanted faster free shipping 4

January 16, 2018 12:01 AM Thousands are evacuated and tsunami warning is issued after volcanic eruptions on Papua New Guinea

Thousands of people put at risk by a volcanic eruption in Papua New Guinea have been evacuated by the authorities. Eruptions on Kadovar Island in the East Sepik region of the South Pacific island led to Prime Minister Peter O'Neill orchestrating the evacuation. It is feared further eruptions might occur in the nation's north, the government said on Monday 10

January 7, 2018 6:48 AM Iranian tanker collides with freighter off China; 32 missing

BEIJING (AP) - An Iranian oil tanker collided with a bulk freighter and caught fire off China's eastern coast, leaving its entire crew of 32 missing and causing the tanker to spill oil into the sea, authorities said Sunday. The missing - 30 Iranians and two Bangladeshis - are all from the tanker Sanchi, which was floating while still burning early Sunday 5

January 7, 2018 6:08 AM Tanker ablaze, 32 missing after collision off China

Thirty-two people, mostly Iranians, were missing Sunday after an oil tanker collided with a cargo ship off the coast of east China, the transport ministry said. The tanker, carrying 136,000 tonnes of oil condensate, caught fire following the collision Saturday night and its crew of 30 Iranians and two Bangladeshis were missing, the ministry said in a statement 4

December 18, 2017 2:12 PM British industrialist Sanjeev Gupta to buy U.S.-based steel assets in 2018

LONDON, Dec 18 (Reuters) - British industrialist Sanjeev Gupta is in talks to purchase and build more U.S.-based steel and industrial assets next year, after buying ArcelorMittal's Georgetown Steelworks at the weekend. Gupta, executive chairman of GFG Alliance which is a $10 billion metals, industrials and energy group, has been snapping up distressed 3

December 10, 2017 3:21 PM Egypt to sign contracts for nuclear power plant during Putin's visit-sources

CAIRO, Dec 10 (Reuters) - Egypt will sign contracts with Moscow during Russian President Vladimir Putin's visit to Cairo on Monday for the country's first nuclear power plant, three senior sources told Reuters on Sunday. The construction of the 4,800 megawatt (MW) capacity plant, which is supposed to be built at Dabaa in the north of the country, is expected 7

November 24, 2017 5:16 AM Mitsubishi Materials says over 200 customers could be affected by data falsification

TOKYO, Nov 24 (Reuters) - Mitsubishi Materials Corp on Friday said it was racing to determine the impact of falsified data of products shipped to over 200 customers at home and abroad, in the latest quality assurance and compliance scandal involving a Japanese manufacturer. Mitsubishi Materials on Thursday said three subsidiaries manipulated inspection 3

November 19, 2017 1:16 PM Avolon agrees to buy 75 Boeing aircraft, may order 20 more

HONG KONG, Nov 19 (Reuters) - Chinese aircraft leasing company Bohai Capital said on Sunday its Avolon Aerospace Leasing Ltd subsidiary had agreed to buy 55 B737 MAX 8 and 20 B737 MAX 10 aircraft from Boeing, and may order an additional 20 M737 MAX 8, with a total list value of around $11 billion. Bohai's Avolon, part of aviation-to-shipping conglomerate 1

November 16, 2017 2:20 AM Amazon planning to launch in Australia NEXT WEEK

Amazon is planning to launch in Australia next week – just in time for Black Friday. Two people who are familiar with the retailer's plans claim the goal is for the site to be live by November 24, CNET reports. Amazon has been contacting sellers via email and advising them to have their products online and ready to sell by mid-November. In the emails 12

November 14, 2017 6:18 PM Celebrating in style! Prince Charles’ 69th birthday is marked with a 41-gun salute – after Radio 4 confused listeners by playing God Save the Queen in his honour

He may be one year off his milestone 70th, but Prince Charles's birthday was honoured in fashionable style with a 41-gun salute by the King's Troop Royal Horse Artillery. Six First World War-era 13 pounder field guns were used to fire the salute in Green Park at noon today, while another gun salute took place at the Tower of London. A gun salute also took place 7