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London's Heathrow airport closed after fire causes major power cut
London's Heathrow airport closed after fire causes major power cut
by  AFP

Britain's Heathrow airport, Europe's busiest, was shut down early Friday after a major fire at an electrical substation supplying power to the sprawling facility west of London, officials said. London Fire Brigade said there had been a "significant" fire at a substation in Hayes, a nearby town in the London borough of Hillingdon.

Asian markets skid into weekend as trade fears cast a pall
Asian markets skid into weekend as trade fears cast a pall
by  AFP

Asian markets limped into the weekend on Friday following a tepid lead from Wall Street as the optimism stoked by a dovish US Federal Reserve meeting gave way to long-running fears about President Donald Trump's tariff agenda.

Chinese electric car maker BYD aims for Europe boost
Chinese electric car maker BYD aims for Europe boost
by  AFP

Chinese carmaker BYD on Thursday vowed to conquer Europe with a new compact electric model and super-fast charging capability to rival continental brands. The European Union has imposed a 17-percent tariff on Chinese electric vehicles to make up for Chinese state subsidies.

Italy says Baku Steel submits 'best offer' for ex-Ilva plant
Italy says Baku Steel submits 'best offer' for ex-Ilva plant
by  AFP

A year after ousting ArcelorMittal, Italy is preparing to hand over control of its giant ex-Ilva steelworks to Azerbaijan's Baku Steel, the industry minister said Thursday. Baku Steel currently operates a steel plant in Baku, the capital of Azerbaijan, with a production capacity of 800,000 tonnes per year.