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Business

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Southwest Airlines cuts 1,750 corporate jobs in first-ever layoffs
Southwest Airlines slashes 15% corporate workforce, first in 15 years

DALLAS, Texas: Southwest Airlines is laying off 1,750 employees, or 15 percent of its corporate staff, in the company's first significant...

Australian central bank cuts interest rates for first time since 2020
Australian central bank cuts first benchmark interest rate since 2020

MELBOURNE, Australia: Australia's central bank has cut its benchmark interest rate for the first time in more than three years, signaling...

Brazil joins OPEC+ ahead of key UN climate summit
Brazil to join OPEC+, group of major oil-exporting nations

BRASILIA, Brazil: Brazil has officially approved joining OPEC+, aligning itself with the world's major oil-exporting nations just months...

U.S. stock markets in sharp retreat Thursday
Wall Street tumbles Thursday, Dow Jones dives 451 points

NEW YORK, New York - U.S. stocks fell sharply Thursday as profit-takers moved in to take the cream off the substantial gains that have...

China’s Xi Jinping reassures private sector on policy stability
China's Xi assures businesses, including Jack Ma, of country's stability

BANGKOK, Thailand: China's President Xi Jinping met with private sector leaders this week and assured them that the government's policies...

Microsoft makes $700m investment in Poland’s cybersecurity
Microsoft to invest $700 million to boost Poland's cybersecurity

WARSAW, Poland: Microsoft has announced a major new investment of $700 million in Poland to strengthen the country's cybersecurity...

Africa

Section
Mine collapse in western Mali kills at least 43, mostly women
Over 40 people killed in Mali mine collapse

BAMAKO, Mali: A tragic mine collapse in western Mali, West Africa, has claimed the lives of at least 43 people, mostly women, an industry...

UN warns of worsening humanitarian crisis in eastern Congo
Congo fighting leaves 350,000 with no shelter, UN agency says

GENEVA, Switzerland: The humanitarian crisis in eastern Congo is worsening, with around 350,000 displaced people left without shelter...

Russian ambassador says Brits tried to make him defect
Russian ambassador says Brits tried to make him defect

Media representatives have suggested that the envoy seek asylum in Britain, Andrey Kelin has claimed ...

EUs Von der Leyen issued colonial reparations demand
EUs Von der Leyen issued colonial reparations demand

Former colonies are not seeking a handout but an appropriate apology, the Grenadian prime minister has said European Commission President...

RAK Ruler receives CEO of Accor Group for Middle East, Africa & Asia Pacific
RAK Ruler receives CEO of Accor Group for Middle East, Africa & Asia Pacific

RAS AL KHAIMAH, 21st February 2025 (WAM) -- H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah,...

Champions Trophy: Ryan Ricketon's maiden ODI ton lifts South Africa to daunting 315/6 against Afghanistan
Champions Trophy: Ryan Ricketon's maiden ODI ton lifts South Africa to daunting 315/6 against Afghanistan

Karachi [Pakistan], February 21 (ANI): Left-hand batter Ryan Rickleton's maiden ODI century (103) stormed the South African side to...