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Business

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7-Eleven plans 645 store closures as consumer spending slows
7-Eleven plans 645 store closures as consumer spending slows

NEW YORK CITY, New York: 7-Eleven is set to significantly shrink its North American footprint this year, planning to close far more...

IMF urges targeted aid over fuel subsidies as oil prices surge
IMF urges targeted aid over fuel subsidies as oil prices surge

WASHINGTON D.C.: Governments should resist the urge to roll out broad fuel subsidies to cushion the blow of surging energy prices triggered...

Dow Jones bucks trend Wednesday, slips 72 points
Dow Jones bucks trend Wednesday, slips 72 points

NEW YORK, New York - U.S. stock markets closed mixed on Wednesday as a powerful rally in technology shares lifted the Nasdaq Composite,...

6.8% rise year-on-year till February in property prices in Ireland
6.8% rise year-on-year till February in property prices in Ireland

DUBLIN, Ireland: The Central Statistics Office (CSO) has revealed that property prices have risen 6.8 percent in the 12 months to February...

Amazon inks $11.57 billion Globalstar deal to boost satellite push
Amazon inks $11.57 billion Globalstar deal to boost satellite push

SEATTLE, Washington: Amazon is making a major push into satellite communications with a US$11.57 billion deal to acquire Globalstar,...

Proposed United-American merger faces major regulatory hurdles
Proposed United-American merger faces major regulatory hurdles

WASHINGTON, D.C.: A proposed tie-up between United Airlines and American Airlines could dramatically reshape the U.S. aviation sector,...

China

Section
China has agreed not to provide weapons to Iran, Trump says
China has agreed not to provide weapons to Iran, Trump says

WASHINGTON, D.C.: On April 15, U.S. President Donald Trump said that China had agreed not to send weapons to Iran, even though there...

IMF cuts outlook, flags recession risk if Iran war worsens
IMF cuts outlook, flags recession risk if Iran war worsens

WASHINGTON, D.C.: The global economy is entering a period of heightened risk as the war in Iran disrupts energy markets, with the International...

Mixue entry signals China’s push into Brazil’s consumer sector
Mixue entry signals China’s push into Brazil’s consumer sector

SAO PAULO, Brazil: Chinese investment in Brazil is increasingly shifting toward consumer-facing sectors, as companies target the country's...

Porsche Q1 sales slide as China demand falters, US slows
Porsche Q1 sales slide as China demand falters, US slows

BERLIN, Germany: Porsche's global deliveries fell sharply in the first quarter, underscoring weakening demand in key markets and growing...

JD Vance says Iran talks have ended without reaching agreement
JD Vance says Iran talks have ended without reaching agreement

ISLAMABAD, Pakistan: U.S. Vice President JD Vance said talks between the United States and Iran ended early on April 12 without a peace...

Theres only one way to achieve China-Taiwan peace
Theres only one way to achieve China-Taiwan peace

During a moment of rising tensions, the opposition turns to the only viable path forward Last week, the leader of the Kuomintang...