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U.S. stocks surge, Dow Jones adds 645 points
U.S. stocks surge, Dow Jones adds 645 points

NEW YORK, New York - U.S. and global stock markets closed on a mixed but largely positive note Wednesday, with U.S. indexes posting...

Report says U.S. investigating Chinese shipping container makers
Report says U.S. investigating Chinese shipping container makers

WASHINGTON, D.C.: The United States is investigating whether Chinese companies deliberately reduced global production of shipping containers...

StanChart plans 7,000 job cuts, cites AI and automation drive
StanChart plans 7,000 job cuts, cites AI and automation drive

HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...

Musk loses court fight with OpenAI as scrutiny of Altman grows
Musk loses court fight with OpenAI as scrutiny of Altman grows

OAKLAND, California: OpenAI has emerged victorious in its closely watched courtroom battle with Elon Musk, preserving its path toward...

Nasdaq Composite slides 220 points as U.S. stocks shed ground
Nasdaq Composite slides 220 points as U.S. stocks shed ground

NEW YORK, New York - U.S. and global stock markets closed with a broad selloff on Tuesday, driven by heavy losses in technology shares...

NextEra-Dominion merger targets soaring AI-driven power demand
NextEra-Dominion merger targets soaring AI-driven power demand

NEW YORK CITY, New York: NextEra Energy has agreed to acquire Dominion Energy in an all-stock deal valued at about US$66.8 billion,...

Asia Pacific

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StanChart plans 7,000 job cuts, cites AI and automation drive
StanChart plans 7,000 job cuts, cites AI and automation drive

HONG KONG: Standard Chartered said on May 19 that it will eliminate more than 7,000 jobs over the next four years as the bank increases...

Samsung chairman apologizes as labor talks restart
Samsung chairman apologizes as labor talks restart

SEOUL, South Korea: Samsung Electronics and its South Korean labor union resumed pay negotiations on Monday with the help of a government...

China, US move to expand farm trade after leaders' talks
China, US move to expand farm trade after leaders' talks

BEIJING, China: China said on May 16 that it had reached preliminary agreements with the United States to reduce tariffs on agricultural...

Putins China visit: Key moments and results in VIDEOS
Putins China visit: Key moments and results in VIDEOS

Moscow and Beijing have inked dozens of agreements and pledged deeper cooperation Russian President Vladimir Putin has wrapped up...

WTA roundup: Camila Osorio knocks off No. 1 seed Janice Tjen in Rabat
WTA roundup: Camila Osorio knocks off No. 1 seed Janice Tjen in Rabat

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Yasmine Kabbaj continued her run through her home tournament with a 6-2, 6-4 upset...

Switzerland's Rodriguez, Xhaka make fourth World Cup rosters
Switzerland's Rodriguez, Xhaka make fourth World Cup rosters

(Photo credit: REUTERS/Stefan Wermuth) Defender Ricardo Rodriguez and midfielder Granit Xhaka will each take part in their fourth...