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Business

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U.S. stocks undermined by accelerating bond yields
Wall Street tumbles Wednesday as investors bail out of bonds, dollar

NEW YORK, New York: U.S. stocks dived on Wednesday as investors and traders fretted about the passing of the budget bill by Congress...

Trump says Walmart should cover tariffs, not blame price hikes
Trump tells Walmart to 'eat the tariffs' instead of raising prices

WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should eat the tariffs instead of blaming duties imposed...

Trump administration probes Apple-Alibaba AI deal over security fears
US administration is concerned by deal to put Alibaba's AI on iPhones

WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...

Nissan may shut plants in Japan, Mexico amid cost-cutting drive
Nissan considering plant closures in Japan, overseas, sources say

TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...

Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...

Google hits 150 million users for subscription service with AI help
Alphabet's Cloud service soars with Google One growth surge

SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...

Canada

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Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

European countries condemn Israel over intensified Gaza military offensive
European countries condemn Israel over intensified Gaza military offensive

Europe's mounting criticism of Israel is fueled by the devastating humanitarian toll in Gaza. Hundreds of Palestinians have been killed...

India eyes new markets after record-breaking exports: Tea Board
India eyes new markets after record-breaking exports: Tea Board

New Delhi [India], 21 May (ANI): India's tea exports have reached a record high, with the country exporting 255 million kilograms of...

Rebel Wilson responds to 'The Deb' controversy
Rebel Wilson responds to 'The Deb' controversy

Washington [US], May 21 (ANI): Actress Rebel Wilson cleared the air after social media posts about 'The Deb' made headlines amid the...

The distant dream of owning a home: Canada sees growing inequality in home ownership
The distant dream of owning a home: Canada sees growing inequality in home ownership

Home ownership is often seen as a symbol of success and is linked to various life opportunities, like starting a family or growing...