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Business

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Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

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...

Airlines

Section
Trump teaser on new F-55 warplane and upgraded F-22 Super
Trump floats possible new F-55 warplane and F-22 upgrade

DOHA, Qatar: President Donald Trump has floated the idea of a new twin-engine warplane, potentially called the F-55, along with a significant...

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...

Chhattisgarh: Development gains momentum in Naxal-affected areas
Chhattisgarh: Development gains momentum in Naxal-affected areas

Raipur (Chhattisgarh) [India], May 20 (ANI): In a significant step towards development in Naxal-affected regions, Collector Pratishtha...

Daily World Briefing, May 20
Daily World Briefing, May 20

Trump says phone call with Putin went very well U.S. President Donald Trump said his telephone conversation Monday morning with his...

"Pakistan's language": BJP targets Rahul Gandhi's remarks on Op Sindoor; INDIA Bloc says "LoP asking for facts"
"Pakistan's language": BJP targets Rahul Gandhi's remarks on Op Sindoor; INDIA Bloc says "LoP asking for facts"

New Delhi [India], May 20 (ANI): The Bharatiya Janata Party (BJP) has sharpened its attack on Lok Sabha LoP Rahul Gandhi following...