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Business

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Starbucks boosts staffing, slows automation push
Starbucks to beef up store staffing, go slow on automation rollout

SEATTLE, Washington: Starbucks is shifting course on its store strategy—putting people ahead of machines. The coffee giant announced...

China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UK grocery prices rise 3.8 percent in April, adding to consumer pressure
UK grocery inflation edges up to 3.8 percent in April, says report

LONDON, U.K.: Grocery prices in the UK rose by 3.8 percent in April, slightly higher than last month's 3.5 percent, adding more pressure...

Hong Kong home prices fall for fourth month despite stimulus
Hong Kong home prices fall for fourth month in March

HONG KONG: Hong Kong's housing market continued to lose ground in March, with home prices falling for a fourth straight month despite...

New York

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EPA to cancel 800 grants, including all for environmental justice
Washington Post: US EPA canceling all environmental justice grants

WASHINGTON, D.C.: The Trump administration through U.S. Environmental Protection Agency (EPA) is canceling nearly 800 grants, including...

Trump administration approves summer sales of E15 fuel
US allows temporary sales of summertime higher-ethanol fuel

NEW YORK CITY, New York: This week, the Trump administration has approved an emergency rule that allows gas stations across the U.S....

Automakers urge Congress to block California gas car ban
Automakers want Congress to bar California 2035 electric vehicle plan

WASHINGTON, D.C.: Major automobile companies want Congress to stop California's plan to ban the sale of gas-only cars by 2035—a rule...

Colgate-Palmolive beats estimates, lifts sales outlook
Colgate-Palmolive's quarterly results raise annual sales forecast

NEW YORK CITY, New York: Colgate-Palmolive posted stronger-than-expected quarterly results and raised its annual sales outlook last...

U.S. tariff policy signals win-lose mentality: Swiss business leader
U.S. tariff policy signals win-lose mentality: Swiss business leader

Photo taken on July 7, 2022 shows the Commerce Department building in Washington, D.C., the United States. (Xinhua/Liu Jie)The president...

Xi's historical insights into war and peace
Xi's historical insights into war and peace

Chinese President Xi Jinping watches the military parade during the commemoration activities to mark the 70th anniversary of the victory...