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Business

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Dow disappoints but broader U.S. markets advance
Mixed day on Wall Street but Nasdaq Composite surges 137 points

NEW YORK, New York - U.S. stocks were bought up on the Nasdaq Composite and Standard and Poor's 500 while the Dow Jones industrial...

US worker productivity falls, pushing labor costs higher
U.S. worker productivity declines in first quarter

WASHINGTON, D.C.: U.S. worker productivity fell in the first quarter of the year for the first time in nearly three years, leading...

Taiwan’s China Airlines orders 14 Boeing 777X jets
Taiwan's China Airlines orders 14 Boeing 777X planes

TAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...

Citgo posts $82 million Q1 Loss, reversing last year’s $410M profit
Citgo posts $82 million loss in Q1 amid weak margins

HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...

April exports in Taiwan surge ahead of possible US tariffs
Taiwan April exports jump 30% ahead of US tariffs

TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...

Dow Jones drops 270 points at close as inflation slows
Tame CPI boosts US stocks, Nasdaq Composite jumps 302 points

NEW YORK, New York - A better-than-expected CPI reading sent the Standard and Poor's 500 and the Nasdaq Composite higher on Tuesday,...

New York

Section
Equinor may scrap $2.5 billion Empire Wind project over US delays
Offshore wind project for New York may be abandoned

NEW YORK CITY, New York: Norwegian energy company Equinor is on the brink of terminating its US$2.5 billion Empire Wind project in...

Trump reopens protected Cape Cod waters to fishing
Trump allows commercial fishing in New England marine monument

WASHINGTON, D.C.: On May 9, U.S. President Donald Trump signed an order to reopen nearly 5,000 square miles of protected ocean near...

Appeals court reinstates Oceanografia fraud case against Citigroup
Citigroup faces revived fraud lawsuit over Mexican oil firm

NEW YORK CITY, New York: Citigroup must defend itself against a revived lawsuit accusing the bank of facilitating and concealing a...

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...

Iran pitches 'joint nuclear venture' with US - NYT
Iran pitches 'joint nuclear venture' with US - NYT

The Islamic Republic has reportedly proposed an alternative to Trump's demand to halt uranium enrichment ...

Iran pitches joint nuclear venture with US NYT
Iran pitches joint nuclear venture with US  NYT

The Islamic Republic has reportedly proposed an alternative to Trumps demand to halt uranium enrichment Iran has proposed setting...