Posts From King World News

Debris brings MH370 mystery 'closer' than ever to answers

Plane debris that washed up on an Indian Ocean island is from a Boeing 777, Malaysian authorities said Friday, making it almost certainly the first piece of wreckage recovered from missing flight MH370. This could be the convincing evidence that MH370 went down in the Indian Ocean,” Malaysia’s deputy transport minister Abdul Aziz Kaprawi told AFP. The Malaysia Airlines flight was one of only three Boeing 777s to have been

Western companies look hard at China as growth slows

By Tom Bergin LONDON (Reuters) – The Chinese slowdown is forcing many Western companies to take a hard look at their businesses there, leading many to reduce investments, costs and product lines and to tackle increasing bad debts. Double digit growth rates during the first decade of the millennium lured scores of Western companies to invest heavily in China. A recent equities market rout has dashed hopes China will, in