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Business

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Chinese homeowners slash prices amid resale glut
China's April resale home prices fall as more properties put on sale

BEIJING, China: Homeowners in China are slashing prices to attract buyers as a growing number of resale properties flood the market....

Toyota partners with Waymo to advance self-driving car tech
Toyota, Waymo explore collaboration to speed up self-driving tech

TOKYO, Japan: Toyota is taking a fresh step toward autonomous driving by teaming up with Waymo to co-develop new vehicle platforms...

U.S. stocks finish with modest losses Monday
Dow Jones drops 99 points in lackluster day on Wall Street

NEW YORK, New York - U.S. stocks were volatile Monday as the focus remained on tariffs, and the perceived lack of trade deals despite...

Amazon expands rural delivery network by investing $4 billion
Amazon to invest $4 billion to expand rural delivery network in US

SEATTLE, Washington: Amazon.com is ramping up its delivery game in rural America, announcing a US$4 billion investment to grow its...

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...

New York

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Pentagon backs army's right to repair its own weapons
Pentagon to seek 'Right to Repair' provisions in Army contracts

WASHINGTON, D.C.: The U.S. Department of Defense wants to change its contracts so the Army can fix its own weapons instead of always...

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...

India rejects OIC statement, says another attempt by Pakistan to manipulate the Group
India rejects OIC statement, says another attempt by Pakistan to manipulate the Group

New Delhi [India], May 6 (ANI): India has strongly rejected the Organisation of Islamic Cooperation's (OIC) recent statement, terming...

PM Modi congratulates Friedrich Merz on becoming Germany's new Chancellor
PM Modi congratulates Friedrich Merz on becoming Germany's new Chancellor

New Delhi [India], May 6 (ANI): Prime Minister Narendra Modi on Tuesday extended his warm congratulations to Friedrich Merz on taking...