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Business

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7-Eleven plans 645 store closures as consumer spending slows
7-Eleven plans 645 store closures as consumer spending slows

NEW YORK CITY, New York: 7-Eleven is set to significantly shrink its North American footprint this year, planning to close far more...

IMF urges targeted aid over fuel subsidies as oil prices surge
IMF urges targeted aid over fuel subsidies as oil prices surge

WASHINGTON D.C.: Governments should resist the urge to roll out broad fuel subsidies to cushion the blow of surging energy prices triggered...

Dow Jones bucks trend Wednesday, slips 72 points
Dow Jones bucks trend Wednesday, slips 72 points

NEW YORK, New York - U.S. stock markets closed mixed on Wednesday as a powerful rally in technology shares lifted the Nasdaq Composite,...

6.8% rise year-on-year till February in property prices in Ireland
6.8% rise year-on-year till February in property prices in Ireland

DUBLIN, Ireland: The Central Statistics Office (CSO) has revealed that property prices have risen 6.8 percent in the 12 months to February...

Amazon inks $11.57 billion Globalstar deal to boost satellite push
Amazon inks $11.57 billion Globalstar deal to boost satellite push

SEATTLE, Washington: Amazon is making a major push into satellite communications with a US$11.57 billion deal to acquire Globalstar,...

Proposed United-American merger faces major regulatory hurdles
Proposed United-American merger faces major regulatory hurdles

WASHINGTON, D.C.: A proposed tie-up between United Airlines and American Airlines could dramatically reshape the U.S. aviation sector,...

Asia Pacific

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Producer prices rise sharply on energy surge from Iran war
Producer prices rise sharply on energy surge from Iran war

WASHINGTON, D.C.: Rising energy costs linked to the Iran war pushed U.S. wholesale prices sharply higher in March, adding to inflation...

US action a blockade of Iran's ports, coastlines, not Strait of Hormuz: Pentagon
US action a blockade of Iran's ports, coastlines, not Strait of Hormuz: Pentagon

Washington DC [US], April 16 (ANI): The United States on Thursday categorically said that its naval blockade in West Asia applies to...

Hegseth says China has assured US it will not send Iran weapons
Hegseth says China has assured US it will not send Iran weapons

Washington, DC [US], April 16 (ANI): US Secretary of War Pete Hegseth has addressed reports concerning potential Chinese arms shipments...

AI rewires consumption -- China emerges as global testbed for smart spending
AI rewires consumption -- China emerges as global testbed for smart spending

HAIKOU, April 16 (Xinhua) -- At the technology exhibition zone of the ongoing sixth China International Consumer Products Expo (CICPE),...

HainanOutlook | Global products converge at 6th CICPE
HainanOutlook | Global products converge at 6th CICPE

HAIKOU, April 16 (Xinhua) -- As a major event showcasing the Hainan Free Trade Port (FTP) after it fully launched island-wide special...

CHINA-BEIJING-WANG YI-ITALY-ANTONIO TAJANI-MEETING (CN)
CHINA-BEIJING-WANG YI-ITALY-ANTONIO TAJANI-MEETING (CN)

(260416) -- BEIJING, April 16, 2026 (Xinhua) -- Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist...