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Business

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Euro, pound surge as U.S. rate cut odds grow after Powell hint
Euro, pound surge as U.S. rate cut odds grow after Powell hint

NEW YORK CITY, New York: The U.S. dollar tumbled this week, hitting its lowest levels since 2021 against the euro, British pound, and...

Sam’s Club fulfillment center to shut in Texas, jobs impacted
Sam’s Club fulfillment center to shut in Texas, jobs impacted

NEW YORK CITY, New York: Walmart is set to close a major Sam's Club fulfillment center in Fort Worth, Texas, as part of a shift in...

Meta wins lawsuit in California court over AI use of authors’ books
Meta wins lawsuit in California court over AI use of authors’ books

SAN FRANCISCO, California: A U.S. judge has dismissed a copyright lawsuit filed by 13 authors against Meta Platforms, the company that...

From 2028, top earners in Oman will face 5% income tax
From 2028, top earners in Oman will face 5% income tax

DUBAI, U.A.E: Oman is set to introduce a personal income tax as part of its strategy to reduce dependency on hydrocarbon revenues....

U.S. stocks surge despite Trump rift with Canada
U.S. stocks surge despite Trump rift with Canada

NEW YORK, New York - U.S. President Donald Trump dropped a bombshell on Friday announcing he had terminated trade talks with Canada....

United Steelworkers Union chief slams Trump over IRA move
United Steelworkers Union chief  slams Trump over IRA move

Federal officials, then-Governor of Indiana Eric Holcomb, union leaders, company representatives, and dozens of guests assembled at...

Europe

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UN climate agency gets 10 percent boost amid global budget cuts
UN climate agency gets 10 percent boost amid global budget cuts

BONN, Germany: Despite widespread belt-tightening across the United Nations, nearly 200 countries agreed this week to increase the...

Kate Winslet's visit sparks profit jump at Ballymaloe Cookery School
Kate Winslet's visit sparks profit jump at Ballymaloe Cookery School

DUBLIN, Ireland: Post-tax profits at Ballymaloe Cookery School rose by 53 percent in 2024 to 135,952 euros, helped by the buzz around...

Woman sues Boots in Ireland, blames migraine drug for brain bleed
Woman sues Boots in Ireland, blames migraine drug for brain bleed

DUBLIN, Ireland: A 63-year-old woman, Sigrid O'Meara from Ballincurry, Longford, is suing Boots Pharmacy in the High Court. She says...

Kennedy halts U.S. support for Gavi over vaccine questions
Kennedy halts U.S. support for Gavi over vaccine questions

WASHINGTON, D.C.: The United States will stop providing financial support to Gavi, the global vaccine alliance that helps immunize...

Alliance eyes major military buildup to counter Russia
Alliance eyes major military buildup to counter Russia

THE HAGUE, Netherlands: NATO is pressing ahead with a sweeping new defense spending target, calling on all 32 member nations to commit...

Ireland’s labour court backs pay rise for Bus Éireann despite losses
Ireland’s labour court backs pay rise for Bus Éireann despite losses

DUBLIN, Ireland: Bus Éireann has told the Labour Court that it lost 4.2 million euros in 2024 and expects to lose a similar amount...