BYD chief targets global auto crown despite share decline

BYD chief targets global auto crown despite share decline

SHANGHAI, China: BYD Chairman Wang Chuanfu has said the Chinese automaker aims to become the world's largest carmaker within five years,...

Wall Street rebounds as sell-off of day earlier is reversed

Wall Street rebounds as sell-off of day earlier is reversed

NEW YORK, New York -  U.S. stocks staged a dramatic turnaround on Thursday, regaining most of the ground lost on the inflation surge...

SpaceX IPO draws massive investor interest, sources say

SpaceX IPO draws massive investor interest, sources say

NEW YORK CITY, New York: Investor demand for SpaceX's blockbuster initial public offering has exceeded US$250 billion, far surpassing...

Boots owners weigh sale as London IPO plans fade

Boots owners weigh sale as London IPO plans fade

LONDON, U.K.: British retailer Boots is discussing a potential $10 billion (£7.5 billion) sale with prospective buyers, a move that...

Existing home sales jump as buyers return to housing market

Existing home sales jump as buyers return to housing market

WASHINGTON, D.C.: Sales of previously owned homes in the United States rose to their strongest pace of the year in May, signaling renewed...

Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%

Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%

NEW YORK, New York - U.S. stocks tumbled on Wednesday as the latest CPI reading showed inflation in the United States has surged to...

OpenAI joins Anthropic in move toward blockbuster IPO

OpenAI joins Anthropic in move toward blockbuster IPO

SAN FRANCISCO, California: OpenAI has confidentially filed for a U.S. initial public offering, becoming the latest artificial intelligence...

Meta told to give competing AI chatbots WhatsApp access

Meta told to give competing AI chatbots WhatsApp access

BRUSSELS, Belgium: European Union regulators have ordered Meta Platforms to restore access to WhatsApp for competing artificial intelligence...

Amazon backs US fiber optics expansion with Corning pact

Amazon backs US fiber optics expansion with Corning pact

SEATTLE, Washington: Amazon has signed a multi-billion-dollar agreement with Corning aimed at expanding U.S. production of optical...

Dow Jones gains 86 points despite techs slide

Dow Jones gains 86 points despite techs slide

NEW YORK, New York - Global stock markets closed with sharp divergences Tuesday, as U.S. indexes delivered a mixed performance while...

Airlines face soaring fuel bills as global profit forecast falls

Airlines face soaring fuel bills as global profit forecast falls

RIO DE JANEIRO, Brazil: Rising fuel prices linked to conflict in the Middle East are putting pressure on airlines worldwide, forcing...

Apple rolls out smarter Siri as it steps up AI efforts

Apple rolls out smarter Siri as it steps up AI efforts

CUPERTINO, California: Apple introduced a redesigned version of Siri powered by artificial intelligence, marking its biggest update...

Indonesian President’s plans to grow economy at risk

Indonesian President’s plans to grow economy at risk

SINGAPORE/LONDON: Indonesian President Prabowo Subianto is losing investors' trust, and his plans to grow the economy are at risk as...

U.S. stocks close mixed Monday, Asian markets sink

U.S. stocks close mixed Monday, Asian markets sink

NEW YORK, New York - World stock markets closed on a deeply divided note Monday, with Wall Street's technology sector powering the...

S&P keeps one-year rule for IPO inclusion in stock indexes

S&P keeps one-year rule for IPO inclusion in stock indexes

NEW YORK CITY, New York: S&P Dow Jones Indices has decided against changing its rules to allow newly public mega-cap companies to enter...

AI firm urges coordinated slowdown if risks become too high

AI firm urges coordinated slowdown if risks become too high

SAN FRANCISCO, California: Artificial intelligence company Anthropic has called for greater industry coordination to ensure developers...

UniCredit, Commerzbank clash over investor support for bid

UniCredit, Commerzbank clash over investor support for bid

MILAN, Italy: Commerzbank said on June 5 that shares equivalent to 7.85 percent of its capital have been tendered under UniCredit's...

EU weighs supply chain diversification requirements

EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

Strong hiring streak gives Fed room to hold rates steady

Strong hiring streak gives Fed room to hold rates steady

WASHINGTON, D.C.: The U.S. labor market continued to outperform expectations in May, with employers adding more jobs than forecast...

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

Mumbai (Maharashtra) [India], June 12 (ANI): Competition among banks to attract foreign currency deposits from Non-Resident Indians...

SCAD, KEZAD strengthen statistical cooperation on industrial, economic data

SCAD, KEZAD strengthen statistical cooperation on industrial, economic data

ABIU DHABI, 12th June, 2026 (WAM) -- The Statistics Centre - Abu Dhabi (SCAD) visited Khalifa Economic Zones Abu Dhabi -KEZAD Group...

Economic Watch: ECB signals 25-bp hike may suffice for now despite inflation concerns

Economic Watch: ECB signals 25-bp hike may suffice for now despite inflation concerns

The ECB's first rate hike since 2023 signals renewed hawkish resolve as resurgent inflation, Middle East war pressures and fragile...

HashKey Holdings Limited Announced Proposed Share Repurchase Plan of Up to HKD100 Million

HashKey Holdings Limited Announced Proposed Share Repurchase Plan of Up to HKD100 Million

PRNewswire Hong Kong, June 12: HashKey Holdings Limited ('HashKey' or the 'Company', Stock Code: 3887) today issued a voluntary announcement...

Sensex soars over 900 points, Nifty gains 271 on global optimism; Tax reforms fuel FII interest

Sensex soars over 900 points, Nifty gains 271 on global optimism; Tax reforms fuel FII interest

New Delhi [India], June 12 (ANI): Indian equity markets staged a sharp recovery on Friday morning as global stock indices turned green,...

Hub71 expands India-Abu Dhabi startup corridor with launch of Start-Up Series 2.0

Hub71 expands India-Abu Dhabi startup corridor with launch of Start-Up Series 2.0

Abu Dhabi [UAE], June 12 (ANI): Hub71, Abu Dhabi's global tech ecosystem, has announced its support for the second edition of the UAE-India...

India must expand international trade ties to reach USD 30 trillion economy vision by 2047: Union Minister Piyush Goyal

India must expand international trade ties to reach USD 30 trillion economy vision by 2047: Union Minister Piyush Goyal

New Delhi [India], June 12 (ANI): India must expand its international engagement to realise its vision of becoming a USD 30 trillion...

Still a lot of work to be done on India-UK trade pact, says UK MP Bob Blackman

Still a lot of work to be done on India-UK trade pact, says UK MP Bob Blackman

New Delhi [India], June 12 (ANI): Significant hurdles remain before the proposed India-UK Comprehensive Economic and Trade Agreement...

"It has lit a fire in my spine": Dwayne Johnson reacts to Oscars snub for 'The Smashing Machine'

"It has lit a fire in my spine": Dwayne Johnson reacts to Oscars snub for 'The Smashing Machine'

Los Angeles [US], June 12 (ANI): Hollywood star Dwayne Johnson has reacted to his recent snub at the Oscars for 'The Smashing Machine'....

Cambodia's tallest bridge built by Chinese firm boosts commerce, tourism

Cambodia's tallest bridge built by Chinese firm boosts commerce, tourism

PURSAT, Cambodia, June 12 (Xinhua) -- Built by a Chinese company here in Cambodia's western Pursat province, the nation's tallest bridge...

EUs warfare vs citizens welfare: the bloc is backing war not wards

EUs warfare vs citizens welfare: the bloc is backing war not wards

Military budgets are growing despite record debt rates as governments slash social programs The EU appears to be willing to sacrifice...

Nirmala Sitharaman virtually attends Global Convergence for Growth Summit

Nirmala Sitharaman virtually attends Global Convergence for Growth Summit

New Delhi [India], June 12 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman participated in the virtual meeting...

SC recognises homemaker as "nation builders", quantifies monthly income to 30k

SC recognises homemaker as "nation builders", quantifies monthly income to 30k

New Delhi [India], June 11 (ANI): The Supreme Court on Thursday recognised homemakers as 'nation builders' and held that the loss of...

Tripura CM Manik Saha hails 100 per cent attendance at NITI Aayog meet, calls it "significant achievement"

Tripura CM Manik Saha hails 100 per cent attendance at NITI Aayog meet, calls it "significant achievement"

Agartala (Tripura) [India], June 11 (ANI): Tripura Chief Minister Manik Saha on Thursday described the latest NITI Aayog meeting as...

EU court adviser delivers another Pfizergate blow to von der Leyen

EU court adviser delivers another Pfizergate blow to von der Leyen

The European Commission was wrong to make its Covid vaccine deals in secret, according to the opinion The European Commission should...

EU court adviser delivers another 'Pfizergate' blow to von der Leyen

EU court adviser delivers another 'Pfizergate' blow to von der Leyen

The European Commission was wrong to make its Covid vaccine deals in secret, according to the opinion ...

BlackRock report identifies workplace savings as key driver for retirement readiness, economic growth in UAE

BlackRock report identifies workplace savings as key driver for retirement readiness, economic growth in UAE

DUBAI, 11th June, 2026 (WAM) -- A new report issued by BlackRock, the world's largest asset manager, has found that the UAE has a significant...

ECB hikes interest rates amid inflationary pressures

ECB hikes interest rates amid inflationary pressures

The deposit facility rate through which the ECB steers the monetary policy stance will be lifted to 2.25 percent and the rates on the...

Epstein probe expands as Bill Gates and former assistant testify

Epstein probe expands as Bill Gates and former assistant testify

A US House inquiry has heard from the tech mogul, as well as an aide to the late convicted sex offender The congressional inquest...

High energy prices push US wholesale inflation to 6.5% in May

High energy prices push US wholesale inflation to 6.5% in May

Washington DC [US], June 11, (ANI): US wholesale inflation as measured by the Producer Price Index (PPI) accelerated in May on the...

RBI did not send account suspension notices via APK files on WhatsApp, PIB Fact Check warns

RBI did not send account suspension notices via APK files on WhatsApp, PIB Fact Check warns

New Delhi [India], June 11 (ANI): The Press Information Bureau's Fact Check unit has warned people against a fake WhatsApp message...

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US court strikes down Trump-era H-1B visa surcharge
US court strikes down Trump-era H-1B visa surcharge

BOSTON, Massachusetts: A federal judge has invalidated a $100,000 fee imposed by President Donald Trump on new H-1B visas, ruling that...


Braves-White Sox postponed by rain; to be made up Aug. 20
Braves-White Sox postponed by rain; to be made up Aug. 20

(Photo credit: Kamil Krzaczynski-Imagn Images) Thursday's game between the Atlanta Braves and Chicago White Sox was postponed due...


Red-hot Phillies are next test for Brewers ace Jacob Misiorowski
Red-hot Phillies are next test for Brewers ace Jacob Misiorowski

(Photo credit: Ron Chenoy-Imagn Images) Jacob Misiorowski will put his triple-digit fastball to the test Friday when the Milwaukee...


A's hope homestand builds excitement for Las Vegas arrival
A's hope homestand builds excitement for Las Vegas arrival

(Photo credit: Jeffery Bennett-Imagn Images) LAS VEGAS -- The Athletics have almost two full seasons to play before they move into...


'Frustrated' Cubs, plunging in standings, in dire need of win vs. Rockies
'Frustrated' Cubs, plunging in standings, in dire need of win vs. Rockies

(Photo credit: David Frerker-Imagn Images) The good start to the season for the Chicago Cubs has devolved into a slide heading into...


MLB roundup: Giants cap rally from 8-run deficit with walk-off slam
MLB roundup: Giants cap rally from 8-run deficit with walk-off slam

(Photo credit: Kelley L Cox-Imagn Images) Bryce Eldridge launched a walk-off grand slam with no outs in the bottom of the ninth inning...


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US court strikes down Trump-era H-1B visa surcharge

BOSTON, Massachusetts: A federal judge has invalidated a $100,000 fee imposed by President Donald Trump on new H-1B visas, ruling that the charge amounted to a tax that was never...

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