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Business

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U.S. stock markets reverse gains as oil crisis reverberates
U.S. stock markets reverse gains as oil crisis reverberates

NEW YORK, New York -  U.S. stocks finished mostly lower on Tuesday, while global markets delivered a mixed performance as geopolitical...

Berkshire to buy 2.49% stake in Tokio Marine partnership
Berkshire to buy 2.49% stake in Tokio Marine partnership

TOKYO, Japan: Tokio Marine Holdings said on March 23 that it will enter a strategic partnership with Warren Buffett's Berkshire Hathaway,...

Iran war fuel surge threatens to offset US tax refunds gain
Iran war fuel surge threatens to offset US tax refunds gain

WASHINGTON, D.C.: A surge in gasoline prices linked to the Iran war is expected to erode much of the financial boost Americans were...

Novartis strikes $3 billion deal for experimental cancer therapy
Novartis strikes $3 billion deal for experimental cancer therapy

FRANKFURT, Germany: Novartis has agreed to acquire an experimental breast cancer drug from U.S.-based Synnovation Therapeutics in a...

U.S. stocks surge as Trump claims war-ending talks underway
U.S. stocks surge as Trump claims war-ending talks underway

NEW YORK, New York - Astonishingly a single post by U.S. President Donald Trump on his Truth Social platform on Monday ignited stock...

OpenAI to expand hiring as staff set to reach 8,000 by 2026
OpenAI to expand hiring as staff set to reach 8,000 by 2026

SAN FRANCISCO, California: OpenAI is planning a major hiring push that could nearly double its workforce to about 8,000 employees by...

China

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India, Asian refiners consider Iranian crude after US waiver
India, Asian refiners consider Iranian crude after US waiver

NEW DELHI/SINGAPORE: Refiners in India and across Asia are exploring purchases of Iranian oil after the United States temporarily eased...

Apple bucks China smartphone slump with 23% sales surge
Apple bucks China smartphone slump with 23% sales surge

BEIJING, China: Apple recorded strong growth in China's smartphone market at the start of 2026, even as overall sales declined, helped...

Labubu heads to films as Pop Mart partners with Sony
Labubu heads to films as Pop Mart partners with Sony

BEIJING, China: Pop Mart is taking its viral Labubu character to the big screen, partnering with Sony Pictures Entertainment to develop...

Airlines forced into 9,100-km round trips amid Iran war
Airlines forced into 9,100-km round trips amid Iran war

LONDON/DUBAI: Airline disruptions from the Iran war are forcing planes into long detours and even full round-trips back to origin,...

Update: 9th Digital China Summit to spotlight achievements, tech advancements, ecosystem development
Update: 9th Digital China Summit to spotlight achievements, tech advancements, ecosystem development

BEIJING, March 25 (Xinhua) -- The 9th Digital China Summit will convene in Fuzhou, east China's Fujian Province, from April 29 to 30,...

Daily World Briefing, March 25
Daily World Briefing, March 25

Chinese FM urges peace talks in phone call with Iranian FM Chinese Foreign Minister Wang Yi said on Tuesday that all hotspot issues...