Retail giants warn of softer demand, shares slide

Retail giants warn of softer demand, shares slide

NEW YORK CITY, New York: Shares of Gap and American Eagle Outfitters fell sharply on May 29 after both retailers delivered disappointing...

France becomes first EU nation to fund weight-loss drugs

France becomes first EU nation to fund weight-loss drugs

PARIS, France: France will begin reimbursing weight-loss medications for severely obese patients from mid-June, becoming the first...

Temu hit with massive EU fine over hazardous goods

Temu hit with massive EU fine over hazardous goods

LONDON, UK: Chinese online retailer Temu has been fined 200 million euros (US$232 million) by the European Union after regulators found...

Caesars Entertainment sold in major Las Vegas casino deal

Caesars Entertainment sold in major Las Vegas casino deal

LAS VEGAS, Nevada: Caesars Entertainment, one of the most recognizable names on the Las Vegas Strip, is being acquired by Fertitta...

U.S. stocks move higher Friday, Nasdaq adds 55 points

U.S. stocks move higher Friday, Nasdaq adds 55 points

NEW YORK, New York - U.S. stocks rallied to fresh all-time highs on Friday, capping a winning week with broad-based gains as the Dow...

USPS secures major multi-year partnership with DHL

USPS secures major multi-year partnership with DHL

WASHINGTON, D.C.: The U.S. Postal Service has signed a multi-year agreement with DHL eCommerce for last-mile parcel delivery services...

Sweden to sell Ukraine 20 new Gripen jets, donate older ones

Sweden to sell Ukraine 20 new Gripen jets, donate older ones

UPPSALA, Sweden: Ukraine's President Volodymyr Zelenskyy and Sweden's Prime Minister Ulf Kristersson said that Ukraine will buy 20...

Hong Kong becomes world’s largest offshore wealth center

Hong Kong becomes world’s largest offshore wealth center

ZURICH/HONG KONG: Hong Kong has surpassed Switzerland to become the world's largest center for cross-border wealth management, driven...

Technology stocks back in vogue on Wall Street Thursday

Technology stocks back in vogue on Wall Street Thursday

NEW YORK, New York - U.S. stock markets closed higher Thursday, with the Nasdaq Composite and Standard and Poor's 500 each hitting...

Jensen Huang calls Taiwan epicenter of AI revolution

Jensen Huang calls Taiwan epicenter of AI revolution

TAIPEI, Taiwan: Nvidia plans to spend as much as US$150 billion annually in Taiwan as the company deepens its role in the global artificial...

Consumer confidence weakens as inflation strains households

Consumer confidence weakens as inflation strains households

WASHINGTON, D.C.: Americans are increasingly cutting back on spending despite U.S. stock markets hovering near record highs, as elevated...

AI memory chip boom lifts SK Hynix past $1 trillion

AI memory chip boom lifts SK Hynix past $1 trillion

SEOUL, South Korea: South Korean chipmaker SK Hynix crossed the US$1 trillion market value mark for the first time on May 27, joining...

Wall Street climbs, major indices gain ground Wednesday

Wall Street climbs, major indices gain ground Wednesday

NEW YORK, New York - U.S. stock markets posted modest gains on Wednesday, with all three major indexes closing in positive territory....

Trump getting richer as average Americans get poorer

Trump getting richer as average Americans get poorer

President Donald Trump has brazenly engaged in what appears to be insider trading. A bombshell story published in Bloomberg on May...

American Airlines to roll out Starlink Wi-Fi from 2027

American Airlines to roll out Starlink Wi-Fi from 2027

FORT WORTH, Texas: American Airlines said on May 26 that it plans to equip more than 500 narrow-body aircraft with Starlink in-flight...

AI memory boom pushes Micron into $1 trillion club

AI memory boom pushes Micron into $1 trillion club

NEW YORK CITY, New York: Micron Technology briefly crossed the US$1 trillion market value mark for the first time on May 26 as booming...

Rivals squeeze PayPal’s core online checkout business

Rivals squeeze PayPal’s core online checkout business

NEW YORK CITY, New York: PayPal, once the dominant name in online checkout, is facing mounting pressure from rivals as competition...

Jensen Huang says Nvidia still sees huge China demand

Jensen Huang says Nvidia still sees huge China demand

TAIPEI, Taiwan: Nvidia Chief Executive Officer Jensen Huang said on May 23 that China remains part of the company's projected US$200...

U.S. stocks end divided Tuesday in first trading day for week

U.S. stocks end divided Tuesday in first trading day for week

NEW YORK, New York - U.S. stocks returned from the long Memorial Day weekend with a split performance on Tuesday, as technology shares...

India's service trade, remittances to support current account balance in FY27: RBI Annual Report

India's service trade, remittances to support current account balance in FY27: RBI Annual Report

New Delhi [India], May 31 (ANI): A robust outlook for India's services trade balance, particularly in software and business services,...

SBI Research calls for stronger RBI intervention as rupee slide outpaces fundamentals

SBI Research calls for stronger RBI intervention as rupee slide outpaces fundamentals

New Delhi [India], May 31 (ANI): SBI Research has called for stronger intervention by the Reserve Bank of India (RBI) to support the...

South African Dy President Mashatile visits Dilli Haat to explore India's cultural, entrepreneurial landscape

South African Dy President Mashatile visits Dilli Haat to explore India's cultural, entrepreneurial landscape

New Delhi [India], May 31 (ANI): South Africa Deputy President Paul Mashatile, along with South Africa's Minister of Small Business...

UK businesses, households struggle as Mideast conflict fuels rising costs

UK businesses, households struggle as Mideast conflict fuels rising costs

Analysts believe that British businesses and households are likely to face further price increases without sufficient policy support....

EU following path of Roman Empires decline Czech PM

EU following path of Roman Empires decline  Czech PM

The bloc is weakening itself through its economic and military policies, Andrej Babis told the Financial Times Czech Prime Minister...

Commercial real estate emerging as developer's new growth engine amid strong leasing demand, stable yields

Commercial real estate emerging as developer's new growth engine amid strong leasing demand, stable yields

New Delhi [India], May 31 (ANI): India's real estate sector is witnessing a structural shift as commercial real estate steadily emerges...

Patnitop Marathon 2026 promotes drug-free India, boosts tourism

Patnitop Marathon 2026 promotes drug-free India, boosts tourism

Patnitop (Jammu and Kashmir) [India], May 31 (ANI): The sixth edition of the Patnitop Marathon began on Sunday in the serene environs...

Infrastructure and AI: The twin engines of India's growth story

Infrastructure and AI: The twin engines of India's growth story

New Delhi [India], May 31 (ANI): As India positions itself for the next phase of economic growth, two forces are emerging as critical...

Private investment, not West Asia crisis, is India's growth challenge: Surjit Bhalla

Private investment, not West Asia crisis, is India's growth challenge: Surjit Bhalla

New Delhi [India], May 31 (ANI): Indian economist and author Surjit Bhalla has said that weak private investment, rather than the ongoing...

CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exports

CITI welcomes temporary removal of 11% cotton import duty, calls it boost for textile exports

New Delhi [India], May 31 (ANI): The Confederation of Indian Textile Industry has welcomed the Central Government's decision to temporarily...

Telangana CM Revanth Reddy hails YISU students' Microsoft placements, highlights skill focused education

Telangana CM Revanth Reddy hails YISU students' Microsoft placements, highlights skill focused education

Hyderabad (Telangana) [India], May 31 (ANI): Telangana Chief Minister Revanth Reddy on Saturday highlighted the success of the state's...

Trump's doctor confirms he is "fully fit" but advises him to "continue weight loss"

Trump's doctor confirms he is "fully fit" but advises him to "continue weight loss"

Washington, DC [US], May 31 (ANI): US President Donald Trump, who is scheduled to celebrate his 80th birthday in June, currently stands...

Assam CM meets Railway Minister Ashwini Vaishnaw, discuss major railway expansion projects

Assam CM meets Railway Minister Ashwini Vaishnaw, discuss major railway expansion projects

New Delhi [India], May 31 (ANI): Assam Chief Minister Himanta Biswa Sarma on Saturday met Union Railway Minister Ashwini Vaishnaw at...

Akshay Bhatia surges into contention with 65 at Charles Schwab Challenge

Akshay Bhatia surges into contention with 65 at Charles Schwab Challenge

Fort Worth [US], May 30 (ANI): Akshay Bhatia produced one of the standout rounds of the day to vault into contention at the Charles...

Xiplomacy: Forging "ironclad friendships" in an uncertain world

Xiplomacy: Forging "ironclad friendships" in an uncertain world

BEIJING, May 30 (Xinhua) -- The overlapping visits last week of Pakistani Prime Minister Shehbaz Sharif and Serbian President Aleksandar...

Samsung, SK Hynix back Anthropic, valuation goes up to $965 Billion after Series H funding

Samsung, SK Hynix back Anthropic, valuation goes up to $965 Billion after Series H funding

Seoul [South Korea], May 30, (ANI): Samsung Electronics and SK hynix have taken strategic stakes in Anthropic, the developer of the...

Bulgaria facing EU punishment months after joining eurozone

Bulgaria facing EU punishment months after joining eurozone

The country is facing sanctions due to a budget deficit, with PM Rumen Radev accusing his pro-EU predecessors of massaging economic...

Sharjah deepens global cultural engagement at Warsaw International Book Fair

Sharjah deepens global cultural engagement at Warsaw International Book Fair

WARSAW, 30th May, 2026 (WAM) -- Ahmed bin Rakkad Al Ameri, Chief Executive Officer of the Sharjah Book Authority, said that Sharjah's...

AI may impact "lucrative job market linked to IT services": EY report

AI may impact "lucrative job market linked to IT services": EY report

New Delhi [India], May 30 (ANI): Artificial Intelligence (AI) is 'expected to have a long-term impact on the employment of India's...

ICCT-2026: Invertis University Hosts Conversations on AI, Data Science, and the Future of Computing

ICCT-2026: Invertis University Hosts Conversations on AI, Data Science, and the Future of Computing

PNN Bareilly (Uttar Pradesh) [India], May 30: The 5th International Conference on Computational Techniques: Recent Trends and Issues...

Avance Technologies Reports FY26 Revenue from Operations of Rs 15,926 Lakhs; Net Profit Surges 150% Y-o-Y to Rs 1,324 Lakhs

Avance Technologies Reports FY26 Revenue from Operations of Rs 15,926 Lakhs; Net Profit Surges 150% Y-o-Y to Rs 1,324 Lakhs

PNN Mumbai (Maharashtra) [India], May 30: Avance Technologies Limited today announced its Consolidated and Standalone Financial Results...

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Consumer confidence weakens as inflation strains households
Consumer confidence weakens as inflation strains households

WASHINGTON, D.C.: Americans are increasingly cutting back on spending despite U.S. stock markets hovering near record highs, as elevated...


Cubs strive to end May on upswing against Cardinals
Cubs strive to end May on upswing against Cardinals

(Photo credit: Jeff Le-Imagn Images) The up-and-down Chicago Cubs have a chance to end the month on a positive note when they wrap...


'Super cool' Phillies seek to take road series from Dodgers
'Super cool' Phillies seek to take road series from Dodgers

(Photo credit: Kiyoshi Mio-Imagn Images) The Philadelphia Phillies exorcized some demons on Saturday and will try for a series victory...


Behind Jeremy Pena, Astros chase series win vs. Brewers
Behind Jeremy Pena, Astros chase series win vs. Brewers

(Photo credit: Troy Taormina-Imagn Images) Houston shortstop Jeremy Pena routinely is lauded for his production and personality,...


Astros use active bats to cool down Brewers
Astros use active bats to cool down Brewers

(Photo credit: Troy Taormina-Imagn Images) Jeremy Pena and Isaac Paredes capped three-run uprisings with two-run, extra-base hits...


Phillies' Jesus Luzardo feeling 'grindy' as streaking Dodgers await
Phillies' Jesus Luzardo feeling 'grindy' as streaking Dodgers await

(Photo credit: Rhona Wise-Imagn Images) Riding his best three-start stretch of the season, Philadelphia Phillies left-hander Jesus...


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Consumer confidence weakens as inflation strains households

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