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Business

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US: China lags in AI chips, but catching up fast
Huawei can make 200,000 AI chips in 2025, US says

WASHINGTON, D.C.: The U.S. government estimates that Huawei will only be able to manufacture up to 200,000 advanced AI chips next year—well...

Chime soars in debut, giving fintech sector a much-needed boost
Chime IPO pops 59%, valuing digital bank at $18.4 billion

SAN FRANCISCO, California: After months of muted IPO activity in the fintech world, digital bank Chime Financial reignited investor...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days
Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

U.S.-China trade progress lifts oil prices to multi-week peak
Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

Debt fears drive fund outflows from US, inflows to Europe
Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Japan celebrates new sumo grand champion
Onosato becomes first Japanese sumo yokozuna Since 2017

TOKYO, Japan: Japan has a new top sumo wrestler — and he's Japanese. Onosato, who weighs 191 kilograms (421 pounds), has become a yokozuna,...

Airlines

Section
Boeing under scrutiny after deadly Dreamliner crash in India
Air India crash tests Boeing's new leadership before Paris show

SEATTLE/BENGALURU: Boeing is once again under scrutiny following the crash of an Air India 787-8 Dreamliner that killed nearly all...

One Briton survived Air India crash that killed 241 in India
UK national jumped out of emergency exit in Indian aircraft disaster

NEW DELHI, India: Ramesh Viswashkumar, a 40-year-old British national, has been identified as the sole known survivor of the Air India...

Ryanair CEO gets maximum bonus as Ryanair profits soar
Ryanair CEO O'Leary earns 3.83 million euros in 2025

DUBLIN, Ireland: Ryanair chief executive Michael O'Leary received a total pay package of 3.83 million euros for the financial year,...

242 onboard London-bound Dreamliner dead in India’s worst air tragedy
Air India flight crashes after takeoff from Ahmedabad

AHMEDABAD, WASHINGTON: An Air India Boeing 787-8 Dreamliner, carrying 242 people, crashed just after taking off from Ahmedabad airport...

Hundreds of lives lost as London-bound Air India plane crashes after take-off
World in shock over devastating crash of Air India flight to London

NEW DELHI, India - The world is in shock following Thursday's devastating plane crash in India which has killed at least 290 people,...

UP: Passenger of Saudia Airlines flight with smoke detected on wheels recalls swift action by authorities
UP: Passenger of Saudia Airlines flight with smoke detected on wheels recalls swift action by authorities

Sitapur (Uttar Pradesh) [India], June 16 (ANI): A passenger in the Saudia Airlines flight, which had reported smoke and sparks on the...

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