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Business

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U.S. layoffs rise, profits fall as tariff concerns cloud outlook
Jobless claims surge as corporate profits slump in first quarter

WASHINGTON, D.C.: A sharp rise in jobless claims and a slump in corporate profits are adding fresh signs of strain in the U.S. economy,...

U.S. stocks make modest gains as tariffs uncertainty unsettle markets
Doubling of steel tariffs undermines Wall Street Monday

NEW YORK, New York - U.S. stocks rose Monday but gains were limited due to more tariffs uncertainty as the U.S. prepares to take on...

JetBlue to share JFK slots as United expands New York footprint
JetBlue and United team up to link bookings and loyalty perks

LONG ISLAND CITY/CHICAGO: JetBlue and United Airlines are teaming up to offer travelers more flexibility and rewards, announcing a...

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....

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...

Paank condemns enforced disappearance of seven baloch civilians by Pakistani forces in Mastung and Gwadar
Paank condemns enforced disappearance of seven baloch civilians by Pakistani forces in Mastung and Gwadar

Geneva [Switzerland], June 3 (ANI): Paank, the human rights sector of the Baloch National Movement (BNM), has voiced serious apprehension...

The opposition is the voice of the public: Sanjay Raut, as INDIA bloc calls for special Parliament session
The opposition is the voice of the public: Sanjay Raut, as INDIA bloc calls for special Parliament session

New Delhi [India] June 3 (ANI): Shiv Sena (UBT) MP Sanjay Raut, speaking after the INDIA alliance meeting on Tuesday, emphasised the...

Govt responsible to Parliament, Parliament to people: INDIA bloc demands special Parliament session
Govt responsible to Parliament, Parliament to people: INDIA bloc demands special Parliament session

New Delhi [India], June 3 (ANI): 16 political parties of the INDIA alliance have written a letter to Prime Minister Narendra Modi demanding...

Afrasiab Khattak warn of ISIS-K's rise and alleged collusion with Pakistan against Baloch activists
Afrasiab Khattak warn of ISIS-K's rise and alleged collusion with Pakistan against Baloch activists

Balochistan, [Pakistan] June 3 (ANI): Former senator and Pashtun nationalist leader Afrasiab Khattak has urged the Pakistani government...

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