Oil Prices Surge Over 6% After Trump Declares Iran Ceasefire ‘Over’
NEW YORK — Global oil prices spiked sharply on Wednesday after U.S. President Donald Trump stated that a fragile ceasefire…
Business
U.S. Airlines Expand Premium Cabins as Industry Focus Shifts Toward High-Spending Travelers
WASHINGTON: Major U.S. airlines are increasingly reshaping their business models by expanding premium cabins and investing heavily in luxury travel…
Europe’s Overtourism Crisis: Why Big Business, Not Tourists, Is Becoming the Focus of Public Anger
Europe’s long-running struggle with overtourism is entering a new phase. While anti-tourism protests have often appeared to target holidaymakers, a…
Zuckerberg Admits Meta’s AI Agent Development Progress Slower Than Expected
NEW YORK: Mark Zuckerberg has acknowledged that the development of artificial intelligence (AI) agents at Meta Platforms has progressed more…
JetZero Advances Blended-Wing Aircraft to Challenge Airbus and Boeing
MOJAVE, California: U.S.-based aviation startup JetZero is advancing the development of a full-scale blended-wing aircraft designed to challenge the dominance…
Britain’s Shift to ‘Budget Warships’ Signals a New Era of Naval Warfare—But at What Cost?
Britain’s decision to abandon plans for a new generation of Type 83 destroyers in favour of lower-cost “Common Combat Vessels”…
KPMG Australia Chairman and Senior Partners Resign Amid Expanding Audit Scandal
SYDNEY: KPMG Australia’s chairman and two senior audit partners have resigned as the accounting firm moves to contain a widening…
Ten Years After Brexit Vote, UK Economy Still Struggling with Long-Term Structural Costs
LONDON: A decade after the United Kingdom voted to leave the European Union, Britain’s economy continues to show persistent signs…
U.S. Considers Government Stake Models for AI Firms, Including Equity and Tax-Based Ownership Proposals
The United States is weighing multiple approaches that could give the government—or the public—a financial stake in major artificial intelligence…
Azerbaijan and UK Discuss Expansion of Economic Cooperation Across Energy, Trade and Innovation Sectors
BAKU: Azerbaijan’s Economy Minister Mikayil Jabbarov has held talks with the United Kingdom’s Minister of State for Investment, Lord Stockwood,…