Mon, 12 May 2025

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Business

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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...

Disney surpasses earnings forecasts on streaming and parks strength
Disney earnings soar on resilient streaming, US parks revenue

LOS ANGELES, California: Walt Disney Co. posted stronger-than-expected quarterly earnings, buoyed by solid gains in its Disney+ streaming...

Skechers to go private in $9.42 billion deal
Skechers to go private for $9.42 billion in biggest sneaker deal

MANHATTAN BEACH, California: After more than two decades as a public company, Skechers is set to go private in a US$9.42 billion deal...

Asia Pacific

Section
Trucker’s body found months after road collapse in Japan
Body of truck driver recovered from sinkhole in Japan

TOKYO, Japan: After nearly three months of complex recovery efforts, the body of a 74-year-old truck driver was found late last week...

Emperor Emeritus Akihito, 91, hospitalized for heart tests
Japan's retired former emperor to be hospitalized for heart tests

TOKYO, Japan: Emperor Emeritus Akihito, 91, will be hospitalized for heart examinations after doctors detected a potential issue during...

Hong Kong's economy grows 3.1 percent in Q1, marks ninth straight gain
Hong Kong's economy accelerated in Q1 ahead of tariff storm

HONG KONG: Hong Kong's economy grew by 3.1 percent in the first quarter of this year compared to the same period last year, according...

Virat Kohli spotted with Anushka Sharma at Mumbai airport ahead of stepping down from Test Cricket
Virat Kohli spotted with Anushka Sharma at Mumbai airport ahead of stepping down from Test Cricket

Mumbai (Maharashtra) [India], May 12 (ANI): Minutes before he announced his retirement from Test cricket on Monday morning, star batter...

Gilgit Baltistan traders protest against 'illegal taxes' and neglect at Sost Dry Port
Gilgit Baltistan traders protest against 'illegal taxes' and neglect at Sost Dry Port

Gilgit Baltistan [PoGB], May 12 (ANI): Traders in Pakistan-occupied Gilgit Baltistan have launched a protest at the Pakistan-China...

US, China reach agreement to slash tariffs by 115%
US, China reach agreement to slash tariffs by 115%

GENEVA, 12th May, 2025 (WAM) -- US Treasury Secretary Scott Bessent announced Monday in Geneva that the United States and China have...

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