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…
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…
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”…
Japan’s Push for Growth Sets Up Delicate Test for Central Bank Independence
Japan’s latest draft economic blueprint signals a subtle but significant shift in the relationship between the government and the Bank…
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…
EU Pushes India–Middle East–Europe Corridor After Iran War Shocks Energy Markets
NICOSIA: The recent Iran conflict and the resulting volatility in global fuel prices have intensified European efforts to diversify energy…
Putin Hosts ASEAN Leaders in Kazan, Calls for Expanded Russia–Asia Strategic Partnership
KAZAN: Russian President Vladimir Putin on Wednesday hosted leaders of the Association of Southeast Asian Nations (ASEAN) as Moscow seeks…