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Business

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UK mortgage approvals climb in February, topping forecasts
UK mortgage approvals climb in February, topping forecasts

LONDON, U.K.: Mortgage approvals in Britain rose more than expected in February, while consumer borrowing also picked up, pointing...

Morgan Stanley turns cautious, downgrades global equities
Morgan Stanley turns cautious, downgrades global equities

NEW YORK CITY, New York: Morgan Stanley has downgraded global equities and shifted toward safer assets, citing rising uncertainty from...

Iran war threatens high-margin Gulf market for luxury cars
Iran war threatens high-margin Gulf market for luxury cars

LONDON/BERLIN/MILAN: Luxury carmakers are bracing for a hit to one of their most profitable markets as the war in Iran disrupts demand...

China’s BYD posts first profit drop since 2021 amid rivalry
China’s BYD posts first profit drop since 2021 amid rivalry

HONG KONG: Chinese automaker BYD said on March 27 that its annual sales rose to a record US$116 billion, outpacing Tesla's, but its...

Fink’s compensation jumps to $37.7 million after strong year
Fink’s compensation jumps to $37.7 million after strong year

NEW YORK CITY, New York: BlackRock CEO Larry Fink saw his compensation rise sharply in 2025, buoyed by higher stock awards after a...

Wall Street skyrockets higher, Nasdaq gains nearly 800 points
Wall Street skyrockets higher, Nasdaq gains nearly 800 points

NEW YORK, New York - U.S. stocks closed sharply higher on Tuesday, with all three major indexes posting robust gains as technology...

Airlines

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Fuel spike forces airlines into fares versus demand trade-off
Fuel spike forces airlines into fares versus demand trade-off

WASHINGTON, D.C.: Airlines are scrambling to adjust fares and flight schedules as a sharp rise in fuel costs threatens profitability...

North Korean capital Pyongyang welcomes Air China flight
North Korean capital Pyongyang welcomes Air China flight

BEIJING, China: Six years after China suspended all air traffic to North Korea, China Air, the country's flag carrier, resumed direct...

Trump, Indian PM Modi discuss efforts to keep Strait of Hormuz open
Trump, Indian PM Modi discuss efforts to keep Strait of Hormuz open

NEW DELHI, India: U.S. President Donald ​Trump called Indian Prime Minister Narendra Modi during the week and discussed ‌the situation...

Nepal repatriates 9 migrant workers' bodies from Kuwait; rescues over 300 amid West Asia conflict
Nepal repatriates 9 migrant workers' bodies from Kuwait; rescues over 300 amid West Asia conflict

Bhairahawa [Nepal], April 2 (ANI): Nepal repatriated nine bodies of migrant workers from Kuwait whose bodies had been stranded due...

"Important to control prices": UBT Sena MP Anil Desai on commercial LPG price hike
"Important to control prices": UBT Sena MP Anil Desai on commercial LPG price hike

New Delhi [India], April 1 (ANI): Shiv Sena (UBT) MP Anil Desai on Wednesday criticised the central government for the recent hike...

More smart devices used in China's household service sector
More smart devices used in China's household service sector

HEFEI, April 1 (Xinhua) -- When a newborn stirred in the night, a sensor clipped to the edge of the diaper quietly went to work, sniffing,...