(MENAFN - AFP) The last giant wave to rock the tiny Welsh village of Dolgarrog struck in 1925 when two overflowing dams gave way, sending a wall of boulder-strewn water down the hillside and killing 16 people.
Now it is a different kind of wave making an impact, with the opening of a first-of-its-kind inland surfing lagoon that promises the longest man-made breakers in the ...
(MENAFN - AFP) Asia-Pacific countries negotiating a vast free-trade pact are "nearing completion" of a landmark agreement, US Secretary of State John Kerry said Tuesday, days after delegates failed to seal the deal in Hawaii.
Kerry said the 12 countries including the US and Japan negotiating the Trans-Pacific Partnership (TPP) had made good progress on reaching an accord ...
(MENAFN - AFP) Britain's government has begun selling its majority stake in bailed-out Royal Bank of Scotland (RBS) to reduce state debt and kick-start the lender's full return to the private sector, the Treasury said Tuesday.
The government has sold 5.4 percent of RBS for Â£2.1 billion ($3.3 billion, 3.0 billion euros), a statement said.
(MENAFN - AFP) Toyota on Tuesday said quarterly net profit jumped 10 percent from a year earlier and raised its fiscal-year revenue forecast but warned over prospects in China, the world's biggest vehicle market.
The Corolla and Camry maker reported net profit of 646 billion yen ($5.2 billion) in the three months to June, beating analyst expectations, while revenue rose 9.3 ...
(MENAFN - AFP) Australia's central bank Tuesday held interest rates at a record low of 2.0 percent as it kept the possibility of further easing on the table and dropped calls for a weaker exchange rate.
The Reserve Bank of Australia said it would continue to monitor data over the next few months, adding that leaving the cash rate unchanged "was appropriate" for this month.