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Business

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De-escalations in India, Pakistan, China and U.S. fuel Asian stocks rally
Stocks in Asia surge on India-Pakistan, China-U.S. ceasefires

SYDNEY, NSW, Australia - Stocks in Asia and the pacific have closed significantly higher following ceasefires in India-Pakistan hostilities,...

Toyota warns of 21% profit drop amid Trump tariffs, weak dollar
Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO, Japan: Toyota Motor Corp is bracing for a 21 percent decline in full-year profit, as the impact of President Donald Trump's...

Nordic, Baltic nations plan offline card payments amid rising risks
Nordics, Estonia launching offline card payment in case Internet cut

HELSINKI, Finland: In response to rising geopolitical risks, Finland, Sweden, Norway, Denmark, and Estonia are preparing to roll out...

Budget airlines struggle as big carriers gain in tough market
Low-cost carriers hit hardest by US travel demand slump

CHICAGO, Illinois: All U.S. airlines are feeling the impact of falling travel demand caused by President Trump's trade war. But low-cost...

AWS to invest $4 billion in first Chile data centers
Amazon to spend $4 billion on cloud infrastructure in Chile

SANTIAGO, Chile: Amazon Web Services (AWS) will invest US$4 billion to establish its first data centers in Chile, aiming to tap into...

US and China officials to hold key trade talks in Switzerland
US, China holding ice-breaker trade talks in Geneva on Saturday

WASHINGTON/BEIJING: U.S. Treasury Secretary Scott Bessent and lead trade negotiator Jamieson Greer are meeting China's top economic...

Canada

Section
Kimberly-Clark to invest $2 billion in US manufacturing expansion
Kimberly-Clark to invest $2 billion to bulk up US manufacturing

IRVING, Texas: Kimberly-Clark, the maker of Kleenex tissues and Huggies diapers, announced this week it will invest US$2 billion over...

Saud bin Saqr receives Canadian Consul-General, organisers of RAK Terry Fox Run
Saud bin Saqr receives Canadian Consul-General, organisers of RAK Terry Fox Run

RAS AL KHAIMAH, 12th May 2025 (WAM) -- H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, emphasised...

Israel issues warning over Palestine recognition
Israel issues warning over Palestine recognition

Any push for statehood rewards Hamas, Foreign Minister Gideon Saar has claimed after several nations signaled support Israeli Foreign...

Xinhua Photo Daily | May 12, 2025
Xinhua Photo Daily | May 12, 2025

BEIJING, May 12 (Xinhua) -- A selection of the best press photos from Xinhua.A modified version of the Long March-6 rocket carrying...

CANADA-VANCOUVER-MOTHER'S DAY-POWWOW
CANADA-VANCOUVER-MOTHER'S DAY-POWWOW

(250512) -- VANCOUVER, May 12, 2025 (Xinhua) -- Women participate in the Grand Entry at the Mother's Day Traditional Powwow in Vancouver,...

Israel military issues evacuations warning for three Yemen ports
Israel military issues evacuations warning for three Yemen ports

Tel Aviv [Israel], May 12 (ANI): The Israeli military on Sunday night asked people to evacuate three Hamas-controlled ports in Yemen...

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