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Business

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Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway
US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

World

Section
Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

Success rate is 100%, can be 101%, but it cannot be less: Indian Army on early warning radar of the air defence system
Success rate is 100%, can be 101%, but it cannot be less: Indian Army on early warning radar of the air defence system

Jammu (Jammu and Kashmir) [India], May 19 (ANI): The Indian Army's early warning radar system played an important role in detecting...

Negotiations between Russia and Ukraine will begin immediately - Trump on Putin call
Negotiations between Russia and Ukraine will begin immediately - Trump on Putin call

The US and Russian leaders have held a lengthy phone call Monday focused on the Ukraine conflict ...

Baltic country accuses Russia of detaining oil tanker
Baltic country accuses Russia of detaining oil tanker

The reported incident comes days after Estonia attempted to inspect a vessel sailing from Russia Estonian authorities have accused...

Operation Sindoor: India's Armed Forces foil Pakistan's 1,000-drone aerial assault in unprecedented joint defence
Operation Sindoor: India's Armed Forces foil Pakistan's 1,000-drone aerial assault in unprecedented joint defence

New Delhi [India], May 19 (ANI): After the strategic success of the ongoing Operation Sindoor, Lieutenant General Sumer Ivan D'Cunha,...

Foreign Secretary Misri briefs Parliamentary panel on External Affairs; Tharoor says satisfactory responses to various questions
Foreign Secretary Misri briefs Parliamentary panel on External Affairs; Tharoor says satisfactory responses to various questions

New Delhi [India], May 19 (ANI): The Parliamentary Standing Committee on External Affairs had a comprehensive meeting on Monday with...