Oil Prices Surge Over 4% as Renewed US-Iran Strikes Raise Supply Concerns
SINGAPORE: Global oil prices climbed more than 4% on Monday after the United States and Iran exchanged fresh military strikes,…
Business
Apollo Tables Superior £5.7 Billion Bid for easyJet, Triggering Takeover Battle
LONDON: British low-cost airline easyJet has backed a new £5.7 billion ($7.7 billion) takeover proposal from U.S.-based investment firm Apollo…
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…
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…