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Business

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Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway
US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

Tariff threat pushed US smartphone shipments up by 30% in March
US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...

Kraft Heinz to invest $3 billion in US plants despite gloomy outlook
Kraft Heinz investing $3 billion upgrading US manufacturing

CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

Airlines

Section
Boeing clinches record jet deal with Qatar Airways during Trump visit
Qatar signs deal to buy 160 Boeing jets during Trump visit

DOHA, Qatar: Boeing secured its largest widebody aircraft deal this week, as Qatar Airways placed firm orders for 160 jets with options...

Puerto Rico courts manufacturers amid escalating global trade war
Puerto Rico lures manufacturing to lift economy facing Trump's tariffs

SAN JUAN, Puerto Rico: As the global trade war deepens, Puerto Rico is seizing the moment to lure international companies to relocate...

Taiwan’s China Airlines orders 14 Boeing 777X jets
Taiwan's China Airlines orders 14 Boeing 777X planes

TAIPEI, Taiwan: Taiwan's China Airlines has placed an order for 14 Boeing 777X wide-body aircraft, consisting of 10 777-9 passenger...

US launches national security probe into aircraft and engine imports
US opens national security probe of imported commercial jets, engines

WASHINGTON, D.C.: The U.S. Commerce Department said it has started a national security investigation into the import of commercial...

Air Canada cuts profit forecast amid weaker US travel demand
Air Canada lowers annual core profit forecast as US travel slows

MONTREAL, Canada: Air Canada has cut its annual core profit forecast and missed first-quarter revenue estimates, citing a drop in U.S.-bound...

Pakistan International Airlines launches direct Lahore-Paris flights
Pakistan International Airlines launches direct Lahore-Paris flights

Islamabad [Pakistan], May 18 (ANI): Pakistan International Airlines (PIA) has announced the launch of a direct flight from Lahore to...