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Business

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Piaggio hits record profit margins in 2024 despite economic challenges
Vespa maker Piaggio posts record margin despite 'anomalous' economy

PONTEDERA, Italy: Italy's Piaggio, the maker of the iconic Vespa scooter, reported record-high core profit margins for 2024 despite...

Wall Street climbs wall of worry over trade tariffs
U.S. stocks bounce back after faulty start Friday

NEW YORK, New York - U.S. stocks fell sharply at the open and stayed in the red for much of the day Friday, however as the day wore...

Euro jumps to highest level since 2009 as U.S. dollar sinks
U.S. dollar slide continues, euro hits 16-year high

NEW YORK, New York - The U.S. dollar continued to come under pressure Friday with President Donald Trump's flip flops on trade tariffs,...

Nordstrom beats holiday sales forecasts, CFO departs for Starbucks
Nordstrom beats holiday-quarter sales estimates; CFO joins Starbucks

SEATTLE, Washington: Nordstrom delivered stronger-than-expected holiday-quarter sales and announced a leadership shakeup, with Chief...

Prada keeps acquisition options open, CEO Andrea Guerra says
Prada CEO hints at acquisitions amid Versace, Jimmy Choo rumors

MILAN, Italy: Prada CEO Andrea Guerra suggested this week that the Italian luxury brand is keeping its options open regarding potential...

Tesla sales plunge in Scandinavia and France amid EV market shift
Tesla sales down in France, Scandinavia as Musk faces test of brand

OSLO/COPENHAGEN: Tesla is experiencing a sharp drop in sales across Scandinavia and France as shifting consumer sentiment and an aging...

Airlines

Section
FedEx Boeing 767 makes emergency landing after bird strike in Newark
NTSB, FAA to investigate FedEx plane engine fire, emergency landing

NEWARK, New Jersey: Over the weekend, a FedEx Boeing 767 cargo plane hit a bird while taking off from Newark Airport. One of its...

Aer Lingus parent company profits soar amid strong travel demand
Aer Lingus parent company records surge in profits

DUBLIN, Ireland: Aer Lingus's parent company, International Airlines Group (IAG), has reported a significant jump in profits. The...

Gatwick set for second runway as UK greenlights expansion
UK approves Gatwick expansion, sparking environmental backlash

LONDON, U.K.: The UK government has tentatively approved the expansion of Gatwick Airport, paving the way for a second runway, drawing...

Chinese contractor for Cambodia's biggest airport project a source of skill transfers to Cambodian talents
Chinese contractor for Cambodia's biggest airport project a source of skill transfers to Cambodian talents

Aerial drone photo, taken on March 6, 2025, shows the Techo International Airport in Kandal province, Cambodia. (Photo by Van Pov/Xinhua)This...

PM Modi inaugurates free benefit distribution under PMGKAY scheme
PM Modi inaugurates free benefit distribution under PMGKAY scheme

Gandhinagar (Gujarat) [India], March 8 (ANI): Prime Minister Narendra Modi on Friday inaugurated the free benefit distribution under...

protesters attack Belgrade city hall
protesters attack Belgrade city hall

Serbian opposition supporters reportedly attempted to disrupt a legislative session Violent clashes broke out between opposition...