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Business

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U.S. stocks in retreat, Nasdaq Composite slides 155 points
U.S. stocks close sharply lower, Dow Jones drops 390 points

NEW YORK, New York - U.S. stock markets retreated on Tuesday, with major indices posting losses amid renewed economic concerns, while...

US pending home sales jump sharply in March as mortgage rates fall
US pending home sales post biggest gain in more than a year

WASHINGTON, D.C.: More people signed contracts to buy previously owned homes in the U.S. in March than in any month in over a year,...

Chinese homeowners slash prices amid resale glut
China's April resale home prices fall as more properties put on sale

BEIJING, China: Homeowners in China are slashing prices to attract buyers as a growing number of resale properties flood the market....

Toyota partners with Waymo to advance self-driving car tech
Toyota, Waymo explore collaboration to speed up self-driving tech

TOKYO, Japan: Toyota is taking a fresh step toward autonomous driving by teaming up with Waymo to co-develop new vehicle platforms...

U.S. stocks finish with modest losses Monday
Dow Jones drops 99 points in lackluster day on Wall Street

NEW YORK, New York - U.S. stocks were volatile Monday as the focus remained on tariffs, and the perceived lack of trade deals despite...

Amazon expands rural delivery network by investing $4 billion
Amazon to invest $4 billion to expand rural delivery network in US

SEATTLE, Washington: Amazon.com is ramping up its delivery game in rural America, announcing a US$4 billion investment to grow its...

Africa

Section
Former England player Gary Ballance named as a consultant coach for Zimbabwe
Former England player Gary Ballance named as a consultant coach for Zimbabwe

New Delhi [India] May 6 (ANI): Former England and Zimbabwe batter Gary Ballance has been included in the coaching staff for Zimbabwe's...

UAE's economic momentum continues, led by investment: HSBC
UAE's economic momentum continues, led by investment: HSBC

DUBAI, 6th May, 2025 (WAM) -- Simon Williams, chief economist for Central and Eastern Europe, Middle East and Africa at HSBC, affirmed...

Xinhua Headlines: Xi's upcoming visit to deepen China-Russia ties, bolster global peace
Xinhua Headlines: Xi's upcoming visit to deepen China-Russia ties, bolster global peace

The Guard of Honor of the Chinese People's Liberation Army (PLA) participate in a rehearsal for the Victory Day military parade, which...

Trump ends virus research funding
Trump ends virus research funding

Unrestricted pathogen research could endanger the lives of Americans, the US president has argued US President Donald Trump has issued...

EU gas prices hit record high last year Eurostat
EU gas prices hit record high last year  Eurostat

In July-December, households paid more than during the 2022 energy crisis, official data suggests Households in the EU paid the highest...

Brazil and Russia could play soccer friendly media
Brazil and Russia could play soccer friendly  media

The two countries may face each other later this year, Brazilian media have reported, citing the national football confederation ...