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Business

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U.S. stocks undermined by accelerating bond yields
Wall Street tumbles Wednesday as investors bail out of bonds, dollar

NEW YORK, New York: U.S. stocks dived on Wednesday as investors and traders fretted about the passing of the budget bill by Congress...

Trump says Walmart should cover tariffs, not blame price hikes
Trump tells Walmart to 'eat the tariffs' instead of raising prices

WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should eat the tariffs instead of blaming duties imposed...

Trump administration probes Apple-Alibaba AI deal over security fears
US administration is concerned by deal to put Alibaba's AI on iPhones

WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...

Nissan may shut plants in Japan, Mexico amid cost-cutting drive
Nissan considering plant closures in Japan, overseas, sources say

TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...

Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...

Google hits 150 million users for subscription service with AI help
Alphabet's Cloud service soars with Google One growth surge

SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...

World

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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...

Security concerns block aid delivery in Gaza
Security concerns block aid delivery in Gaza

UN humanitarian partners in Gaza City report an extreme lack of shelter space, with people settling in abandoned, unfinished, destroyed...

European countries condemn Israel over intensified Gaza military offensive
European countries condemn Israel over intensified Gaza military offensive

Europe's mounting criticism of Israel is fueled by the devastating humanitarian toll in Gaza. Hundreds of Palestinians have been killed...

"This is Trump, who takes credit for everything": Former US NSA John Bolton on America's role in India-Pak understanding
"This is Trump, who takes credit for everything": Former US NSA John Bolton on America's role in India-Pak understanding

Washington, DC [US], May 22 (ANI): Former US National Security Advisor John Bolton weighed in on US President Donald Trump's claim...

"Settled it through trade": Trump on India, Pakistan's understanding of cessation of hostilities
"Settled it through trade": Trump on India, Pakistan's understanding of cessation of hostilities

Washington DC [US], May 22 (ANI): US President Donald Trump on Wednesday (local time) again claimed credit for brokering the understanding...

Rubio accuses Biden of being irresponsible on Russia
Rubio accuses Biden of being irresponsible on Russia

The US secretary of state has said the two biggest nuclear powers must never stop talking, however different their positions The...