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Business

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Tourists shift from U.S. to Europe as spending surges
Europe set for 11% rise in tourist spending, WTTC report says

MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...

Tough competition, weak economy hits European investments in China
European firms cut spending amid economic slowdown in China

BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...

Elf beauty buys Hailey Bieber's Rhode in $1 billion Deal
Hailey Bieber sells makeup brand Rhode to Elf Beauty for $1 billion

LOS ANGELES, California: Model Hailey Bieber's skincare and makeup brand, Rhode, is being bought by Elf Beauty for around US$1 billion....

Airbus delivery delays now stretch to 2028, airlines warned
Airbus tells airlines to expect jet delivery delays into 2028

PARIS, France: Aircraft delivery delays at Airbus are now expected to stretch into 2028, as the European planemaker continues to grapple...

GameStop makes $513 million bitcoin bet in digital asset shift
GameStop buys $513 million in bitcoin to fuel crypto strategy

GRAPEVINE, Texas: GameStop has taken a significant step into the world of cryptocurrencies, revealing this week that it has purchased...

US housing outlook dims as buyers await lower rates, BofA finds
Uncertainty hits US homebuyers as mortgage rates climb again

NEW YORK CITY, New York: Rising mortgage rates and economic uncertainty are leaving many Americans unsure about whether to buy a home—just...

World

Section
Airbus delivery delays now stretch to 2028, airlines warned
Airbus tells airlines to expect jet delivery delays into 2028

PARIS, France: Aircraft delivery delays at Airbus are now expected to stretch into 2028, as the European planemaker continues to grapple...

Global central bankers in Tokyo address discuss inflation and slowdown
World's central banks talk harsh new economic realities in Tokyo

TOKYO, Japan: As global inflation remains stubborn and growth prospects dim, central bankers from around the world gathered in Tokyo...

All-party delegation seeks global condemnation of Pakistan during meeting with think tanks in UK
All-party delegation seeks global condemnation of Pakistan during meeting with think tanks in UK

London [UK], June 2 (ANI): The all-party delegation, led by BJP MP Ravi Shankar Prasad, engaged with experts and think tanks in the...

Kiev comments on latest round of negotiations with Moscow
Kiev comments on latest round of negotiations with Moscow

Ukrainian Defense Minister Rustem Umerov announced that the two sides agreed to exchange the bodies of fallen soldiers Moscow and...

Western Europe has lost the plot but still plays with fire
Western Europe has lost the plot  but still plays with fire

Macron speaks, Merz contradicts, and the EU drifts into irrelevance Modern Western Europe is quickly becoming a real-world demonstration...

PM Modi expresses deep appreciation to Paraguay for its strong condemnation of Pahalgam terror attack
PM Modi expresses deep appreciation to Paraguay for its strong condemnation of Pahalgam terror attack

New Delhi [India], June 2 (ANI): Prime Minister Narendra Modi on Monday expressed his 'deep appreciation' to Paraguay for its 'strong...