Tue, 20 May 2025

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Travel News.

More Information
null in null

Business

Section
Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Travel and Tourism

Section
Boeing clinches record jet deal with Qatar Airways during Trump visit
Qatar signs deal to buy 160 Boeing jets during Trump visit

DOHA, Qatar: Boeing secured its largest widebody aircraft deal this week, as Qatar Airways placed firm orders for 160 jets with options...

1 dead, 32 injured in tour bus crash on Los Angeles freeway
1 killed, 32 injured in bus-SUV collision on Los Angeles area freeway

LOS ANGELES, California: One person died and 32 others were hurt when a tour bus and an SUV crashed on a freeway near Los Angeles over...

US sees absolute decline in international visitor spending
Foreign travel spending in US to decline 7% in 2025, report says

NEW YORK - International travel spending in the United States is projected to decline by 7 percent in 2025, amounting to a US$12.5...

DCT Abu Dhabi launches region's first dual-certified Bachelor of Arts degree in Game Design
DCT Abu Dhabi launches region's first dual-certified Bachelor of Arts degree in Game Design

ABU DHABI, 20th May, 2025 (WAM) -- The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi), Abu Dhabi University (ADU) and...

MP CM Mohan Yadav lays foundation stone for restoration of Lalbagh Palace in Indore
MP CM Mohan Yadav lays foundation stone for restoration of Lalbagh Palace in Indore

Indore (Madhya Pradesh) [India], May 20 (ANI): Madhya Pradesh Chief Minister Mohan Yadav laid the foundation stone for the restoration...

Second 'Abu Dhabi Masterpieces Collection: Exhibition-Dossier' unveiled
Second 'Abu Dhabi Masterpieces Collection: Exhibition-Dossier' unveiled

ABU DHABI, 20th May, 2025 (WAM) -- The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) unveiled the second Abu Dhabi...