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Business

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UBS faces $26B capital demand under Swiss post-crisis plan
Switzerland hits UBS with $26B capital rule after CS takeover

BERN, Switzerland: UBS faces a sweeping new capital requirement from the Swiss government, which this week proposed changes that could...

Inside the viral world of Walmart’s high-paid cake artists
Walmart's cake decorators now earn the highest hourly store pay

NEW YORK CITY, New York: At a Walmart Supercenter in New Jersey, buttercream borders and edible-ink cartoons aren't just about sweet...

U.S. stocks directionless, although Nasdaq Composite adds 61 points
Wall Street subdued as Dow Jones index dips 1 point

NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow...

Kering eyes partial sale of Fifth Ave building to cut debt
Kering in talks to sell stake in $1 billion Fifth Avenue property

NEW YORK CITY, New York: Luxury group Kering is in exclusive discussions to sell a stake in its prime New York real estate asset on...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Latin America

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F1 replaces Imola with Madrid on 2026 calendar
F1 replaces Imola with Madrid on 2026 calendar

(Photo credit: Peter Casey-Imagn Images) The 24-race Formula 1 slate for 2026 features a grand prix in Madrid replacing Italy's Emilia...

"We actually got them to reverse the stand they had taken": Shashi Tharoor on Colombia withdrawing statement condoling Pak deaths in Op Sindoor
"We actually got them to reverse the stand they had taken": Shashi Tharoor on Colombia withdrawing statement condoling Pak deaths in Op Sindoor

New Delhi [India], June 10 (ANI): Congress MP Shashi Tharoor, who led a five-member all-party delegation to Colombia, on Tuesday praised...

Indian men's team raring to go against Argentina in European Leg of FIH Hockey Pro League
Indian men's team raring to go against Argentina in European Leg of FIH Hockey Pro League

New Delhi [India], June 10 (ANI): The Indian men's hockey team has not had the best start to the European leg of the FIH Hockey Pro...

"If terrorists attack India, we will hunt them down wherever they are: EAM Jaishankar to Le Figaro
"If terrorists attack India, we will hunt them down wherever they are: EAM Jaishankar to Le Figaro

Paris [France], June 10 (ANI): Indian External Affairs Minister S. Jaishankar, in an exclusive interview with Le Figaro, reaffirmed...

US President Trump enforces new travel ban on 12 nations, sparks outcry
US President Trump enforces new travel ban on 12 nations, sparks outcry

Washington [US], June 10 (ANI): President Donald Trump's new travel ban targeting 12 countries- mainly from Africa and the Middle East...

China extends visa-free access to 4 Gulf countries
China extends visa-free access to 4 Gulf countries

BEIJING, June 10 (Xinhua) -- China this week launched a trial policy that grants unilateral visa-free entry to citizens of Saudi Arabia,...