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Business

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Euro, pound surge as U.S. rate cut odds grow after Powell hint
Euro, pound surge as U.S. rate cut odds grow after Powell hint

NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...

Sam’s Club fulfillment center to shut in Texas, jobs impacted
Sam’s Club fulfillment center to shut in Texas, jobs impacted

NEW YORK CITY, New York: Walmart is set to close a major Sam's Club fulfillment center in Fort Worth, Texas, as part of a shift in...

Meta wins lawsuit in California court over AI use of authors’ books
Meta wins lawsuit in California court over AI use of authors’ books

SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...

From 2028, top earners in Oman will face 5% income tax
From 2028, top earners in Oman will face 5% income tax

DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....

U.S. stocks surge despite Trump rift with Canada
U.S. stocks surge despite Trump rift with Canada

NEW YORK, New York - U.S. President Donald Trump dropped a bombshell on Friday announcing he had terminated trade talks with Canada....

United Steelworkers Union chief slams Trump over IRA move
United Steelworkers Union chief  slams Trump over IRA move

Federal officials, then-Governor of Indiana Eric Holcomb, union leaders, company representatives, and dozens of guests assembled at...

China

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UN climate agency gets 10 percent boost amid global budget cuts
UN climate agency gets 10 percent boost amid global budget cuts

BONN, Germany: Despite widespread belt-tightening across the United Nations, nearly 200 countries agreed this week to increase the...

Starbucks refutes media report on plans to exit China
Starbucks refutes media report on plans to exit China

SEATTLE, Washington: U.S. coffee company Starbucks has said it is not planning to sell all of its business in China, even though a...

How Chinese vapes reach US stores despite import restrictions
How Chinese vapes reach US stores despite import restrictions

LONDON/NEW YORK/CHICAGO: In suburban Chicago, just 15 minutes from O'Hare International Airport, a small customs brokerage quietly...

Monsoon floods batter China, raising climate concerns
Monsoon floods batter China, raising climate concerns

BEIJING, China: Extreme weather is once again testing China's resilience, as intensifying monsoon rains trigger floods across major...

MoE develops curriculum to shield Taiwanese youth from China's propaganda, assert sovereignty
MoE develops curriculum to shield Taiwanese youth from China's propaganda, assert sovereignty

Taiwan [Taiwan], June 29 (ANI): Taiwan's Ministry of Education (MoE) is developing 'China literacy' teaching materials for compulsory...

"Reverence and affability": PM Modi highlights India's initiative to share sacred relics of Lord Buddha with Vietnam
"Reverence and affability": PM Modi highlights India's initiative to share sacred relics of Lord Buddha with Vietnam

New Delhi [India], June 29 (ANI): In the 123rd Episode of Mann Ki Baat, Prime Minister Narendra Modi on Sunday highlighted India's...