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Business

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Wall Street has relapse Wednesday, after Tuesday's heady gains
U.S. stocks slide as 30-year bond yields top 5 percent

NEW YORK, New York - U.S. stocks were weaker Wednesday, following Tuesday's heady gains when the Dow Jones jumped 741 points. Bond...

China’s GAC launches in Brazil as EV demand accelerates
China's GAC enters Brazil EV market, plans factory by 2026

SAO PAULO, Brazil: Amid a surge in electric vehicle (EV) adoption and growing competition in Brazil, Chinese automaker GAC has officially...

McDonald’s to shut down CosMc’s drink spinoff after short run
McDonald's to close standalone beverage concept

CHICAGO, Illinois: McDonald's is closing its experimental beverage spinoff, CosMc's, less than two years after launching the standalone...

China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

World

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ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension
ASEAN Reaffirms Commitment to Myanmar Peace Process, Urges Ceasefire Extension

KUALA LUMPUR, Malaysia - At a meeting on Tuesday in the Malaysian capital, Kuala Lumpur, ASEAN leaders reiterated their commitment...

Pune: Military Intelligence, Police arrest imposter posing as Army personnel
Pune: Military Intelligence, Police arrest imposter posing as Army personnel

Pune (Maharashtra) [India], May 29 (ANI): In a swift and coordinated joint operation by Military Intelligence and the Pune City Police,...

Elon Musk steps down from Trump administration
Elon Musk steps down from Trump administration

Washington DC [US], May 29 (ANI): Tesla CEO Elon Musk on Thursday stepped down as a 'Special Government Employee' amid widespread protests....

Musk stepping down as special government employee
Musk stepping down as special government employee

The tech mogul has led the cost-cutting DOGE task force Tech billionaire Elon Musk, head of the US Department of Government Efficiency...

"Will not turn the other cheek" Shashi Tharoor reaffirms India's firm stance on countering terrorism
"Will not turn the other cheek" Shashi Tharoor reaffirms India's firm stance on countering terrorism

Panama City [Panama], May 29 (ANI): Congress MP Shashi Tharoor, who is leading multi-party delegation to Panama, on Wednesday (local...

China to transform destinies of young Pakistani workforce through employment opportunities: Minister
China to transform destinies of young Pakistani workforce through employment opportunities: Minister

ISLAMABAD, May 29 (Xinhua) -- Pakistan's Minister of State for Federal Education and Professional Training, Wajiha Qamar, said Tuesday...

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