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A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs. Losses have mounted for garment makers in Asia, among the …

The World Health Organization lamented Wednesday that it had no access to data about North Korea’s Covid-19 outbreak, but assumed the crisis was deepening, contrary to Pyongyang’s reports of “progress”. North Korea, which announced its first ever coronavirus cases on May 12, said last week its Covid outbreak had been …

Actor Johnny Depp won more than $10 million in damages on Wednesday, achieving a near-total victory in a defamation suit against ex-wife Amber Heard to cap a six-week trial featuring graphic testimony about the stars’ soured relationship. A seven-person jury in Virginia also ruled for Heard on one counterclaim against …