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Business

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De-escalations in India, Pakistan, China and U.S. fuel Asian stocks rally
Stocks in Asia surge on India-Pakistan, China-U.S. ceasefires

SYDNEY, NSW, Australia - Stocks in Asia and the pacific have closed significantly higher following ceasefires in India-Pakistan hostilities,...

Toyota warns of 21% profit drop amid Trump tariffs, weak dollar
Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO, Japan: Toyota Motor Corp is bracing for a 21 percent decline in full-year profit, as the impact of President Donald Trump's...

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...

Latin America

Section
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...

Father of Pope Leo XIV was lieutenant in U.S. Navy
New pope's dad took part in D-Day landings in WWII

Pope Leo XIV's father, Louis Marius Prevost, served in the U.S. Navy during World War II. Prevost Snr. was born on July 28, 1920,...

Virat Kohli's Test journey in numbers: A deep dive into the former captain's red-ball legacy
Virat Kohli's Test journey in numbers: A deep dive into the former captain's red-ball legacy

New Delhi [India], May 12 (ANI): As Virat Kohli draws the curtain on a glorious Test career, the numbers he leaves behind are a testament...

Egypt backs Russias peace talks offer to Ukraine
Egypt backs Russias peace talks offer to Ukraine

President Vladimir Putin has proposed direct negotiations with Kiev without preconditions Egypt has welcomed Russian President Vladimir...

CHINA-BEIJING-WANG YI-CARIBBEAN COUNTRIES-MEETING (CN)
CHINA-BEIJING-WANG YI-CARIBBEAN COUNTRIES-MEETING (CN)

(250512) -- BEIJING, May 12, 2025 (Xinhua) -- Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist...

CHINA-BEIJING-LI XI-CUBA-FM-MEETING (CN)
CHINA-BEIJING-LI XI-CUBA-FM-MEETING (CN)

(250512) -- BEIJING, May 12, 2025 (Xinhua) -- Li Xi, a member of the Standing Committee of the Political Bureau of the Communist Party...