Mon, 12 May 2025

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Business

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Budget airlines struggle as big carriers gain in tough market
Low-cost carriers hit hardest by US travel demand slump

CHICAGO, Illinois: All U.S. airlines are feeling the impact of falling travel demand caused by President Trump's trade war. But low-cost...

AWS to invest $4 billion in first Chile data centers
Amazon to spend $4 billion on cloud infrastructure in Chile

SANTIAGO, Chile: Amazon Web Services (AWS) will invest US$4 billion to establish its first data centers in Chile, aiming to tap into...

US and China officials to hold key trade talks in Switzerland
US, China holding ice-breaker trade talks in Geneva on Saturday

WASHINGTON/BEIJING: U.S. Treasury Secretary Scott Bessent and lead trade negotiator Jamieson Greer are meeting China's top economic...

Disney surpasses earnings forecasts on streaming and parks strength
Disney earnings soar on resilient streaming, US parks revenue

LOS ANGELES, California: Walt Disney Co. posted stronger-than-expected quarterly earnings, buoyed by solid gains in its Disney+ streaming...

Skechers to go private in $9.42 billion deal
Skechers to go private for $9.42 billion in biggest sneaker deal

MANHATTAN BEACH, California: After more than two decades as a public company, Skechers is set to go private in a US$9.42 billion deal...

BMW expects US tariff cuts by July amid trade talks
BMW expects car tariffs to fall from July in upbeat take on trade war

FRANKFURT/LONDON: BMW is anticipating a reduction in U.S. car tariffs starting in July, based on ongoing discussions with U.S. officials,...

New York

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FAA acts to fix ongoing flight delays at Newark Airport
Newark airport flight woes drive FAA to take drastic measures

WASHINGTON, D.C.: The Federal Aviation Administration (FAA) says it is taking urgent steps to fix problems that have caused hundreds...

Trump plans major job cuts at CIA and spy agencies
Trump administration to downsize US spy agencies

WASHINGTON, D.C.: President Donald Trump's administration is planning to cut many jobs at the CIA and other U.S. spy agencies, according...

JetBlue pilots oppose new US airline partnership plan
JetBlue's plan for domestic partnership faces union backlash

LONG ISLAND CITY, New York: JetBlue Airways' plan to strike a domestic partnership with another U.S. airline is drawing sharp resistance...

Taylor Swift subpoenaed by Justin Baldoni's attorney in Blake Lively suit
Taylor Swift subpoenaed by Justin Baldoni's attorney in Blake Lively suit

Washington [US], May 11 (ANI): The legal battle surrounding the film It Ends With Us has now pulled in pop star Taylor Swift. According...

Sikyong Penpa Tsering secures US backing against China's crackdown on Tibet
Sikyong Penpa Tsering secures US backing against China's crackdown on Tibet

Dharamshala (Himachal Pradesh) [India], May 11 (ANI): In a direct counter to China's continued suppression of Tibetan rights and identity,...

US greenlights long-range missile transfer to Ukraine NYT
US greenlights long-range missile transfer to Ukraine  NYT

Washington has approved American weapons deliveries from German stockpiles, as Moscow calls for negotiations The US has approved...

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