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International

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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...

Microsoft bans Chinese AI app Deepseek over data security fears
Microsoft denies its employees use of China's Deepseek

REDMOND, Washington: Microsoft has prohibited its employees from using Deepseek, a Chinese artificial intelligence app, citing concerns...

Bristol Myers, Sanofi to pay $700 million in Hawaii Plavix lawsuit
Drug firms to pay Hawaii $700 million to settle blood thinner lawsuit

HONOLULU, Hawaii: Pharmaceutical giants Bristol Myers Squibb and Sanofi have agreed to pay $700 million to Hawaii to settle a lawsuit...

FDA to roll out AI across all centers by June 30
US FDA centers to deploy AI internally, following experimental run

WASHINGTON, D.C.: The U.S. Food and Drug Administration (FDA) said this week it will start using artificial intelligence (AI) in all...

Appeals court reinstates Oceanografia fraud case against Citigroup
Citigroup faces revived fraud lawsuit over Mexican oil firm

NEW YORK CITY, New York: Citigroup must defend itself against a revived lawsuit accusing the bank of facilitating and concealing a...

Food authority forecasts 500,000 in Gaza will die of starvation
Hundreds of thousands of Gazans being starved to death as world watches

Gaza Faces Imminent Famine as Aid Blockade Enters 70th Day, UN Warns The entire population of Gaza is now at critical risk of famine,...

Business

Section
Citgo posts $82 million Q1 Loss, reversing last year’s $410M profit
Citgo posts $82 million loss in Q1 amid weak margins

HOUSTON, Texas: Citgo Petroleum, the Houston-based refiner owned by Venezuela, posted a net loss of US$82 million for the first quarter,...

April exports in Taiwan surge ahead of possible US tariffs
Taiwan April exports jump 30% ahead of US tariffs

TAIPEI, Taiwan: Taiwan's exports grew much more than expected in April, as buyers rushed to purchase its high-tech products before...

Dow Jones drops 270 points at close as inflation slows
Tame CPI boosts US stocks, Nasdaq Composite jumps 302 points

NEW YORK, New York - A better-than-expected CPI reading sent the Standard and Poor's 500 and the Nasdaq Composite higher on Tuesday,...

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...

Apple’s AI Safari push threatens Google’s iPhone search dominance
Apple offers AI search options on Safari, hits Google dominance

CUPERTINO, California: Apple's plan to introduce AI-powered search options on its Safari browser poses a major challenge to Google,...

Foreign workers drive post-pandemic growth in eurozone: ECB
Foreign workers a key driver of eurozone growth

FRANKFURT, Germany: Foreign workers have emerged as a critical force behind the euro zone's economic growth since the pandemic, offsetting...