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Business

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Best Buy warns of slower growth amid tariff and economic worries
Best Buy lowers outlook as tariff worries and weak sales hit business

NEW YORK CITY, New York: Best Buy, the biggest electronics store chain in the U.S., has lowered its forecast for the year. The company...

Costco delays imports to dodge tariffs, won’t raise prices yet
Costco misses revenue estimates but holds off on price hikes

ISSAQUAH, Washington: Costco is feeling the pinch from tariffs and soft consumer spending, missing Wall Street's revenue expectations...

U.S. stock markets close higher as techs surge
Dow Jones adds 214 points as U.S. stocks rally

NEW YORK, New York - U.S. stocks closed higher on Tuesday as the markets continues to ebb and flow on prouncements and moves by the...

Investors stare down trade tensions, soft factory data, oil rally
U.S. and global economies facing challenging times

NEW YORK CITY, New York: Weak U.S. manufacturing data, renewed tariff concerns, and rising oil prices are giving investors plenty to...

India’s March quarter GDP accelerates to 7.4%, defying annual trend
India's annual GDP growth slows to 6.5%, lowest in four years

NEW DELHI, India: India's economy hit a four-year low of 6.5 percent, lifted by an impressive fourth-quarter growth at 7.4 percent....

U.S. layoffs rise, profits fall as tariff concerns cloud outlook
Jobless claims surge as corporate profits slump in first quarter

WASHINGTON, D.C.: A sharp rise in jobless claims and a slump in corporate profits are adding fresh signs of strain in the U.S. economy,...

Europe

Section
Northern Ireland Justice Minister highlights misconduct by police
40 abusive police behaviour complaints in Northern Ireland since 2021

BELFAST, Northern Ireland: Northern Ireland's Police Ombudsman has received about 40 complaints of police predatory behavior since...

Hegseth reassures Indo-Pacific Allies: 'You won’t face China alone'
US vows support for Indo-Pacific against China's rising pressure

SINGAPORE: On May 31, U.S. Defense Secretary Pete Hegseth told America's Indo-Pacific allies that they would not be left alone to deal...

TikTok asks Ireland High Court to halt data ban to China
TikTok challenges Ireland's ruling on data transfers to China

DUBLIN, Ireland: TikTok is asking the High Court to stop a decision that could block the transfer of user data to China within six...

Tourists shift from U.S. to Europe as spending surges
Europe set for 11% rise in tourist spending, WTTC report says

MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...

Tough competition, weak economy hits European investments in China
European firms cut spending amid economic slowdown in China

BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...

Ireland court awards nurse damages for injuries after fall in hotel
Nurse in Ireland wins 72,000 euros in injuries after fall at wedding

DUBLIN, Ireland: A nurse from Tipperary has been awarded 72,000 euros by a High Court judge after she slipped and fell on a wet floor...

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