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Business

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Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UK grocery prices rise 3.8 percent in April, adding to consumer pressure
UK grocery inflation edges up to 3.8 percent in April, says report

LONDON, U.K.: Grocery prices in the UK rose by 3.8 percent in April, slightly higher than last month's 3.5 percent, adding more pressure...

Hong Kong home prices fall for fourth month despite stimulus
Hong Kong home prices fall for fourth month in March

HONG KONG: Hong Kong's housing market continued to lose ground in March, with home prices falling for a fourth straight month despite...

China’s top airlines report deeper Q1 losses amid trade tensions
China's largest airlines see losses in Q1 from competition, US tariffs

BEIJING, China: China's top airlines are still grounded in red ink, reporting steeper losses for the first quarter as they battle fierce...

GM recalls 720,000 vehicles over V8 engine defect
GM recalling 721,000 vehicles globally over engine issue

WASHINGTON, D.C.: General Motors is recalling more than 720,000 vehicles globally over a defect linked to its 6.2L V8 engines, the...

Travel and Tourism

Section
China’s top airlines report deeper Q1 losses amid trade tensions
China's largest airlines see losses in Q1 from competition, US tariffs

BEIJING, China: China's top airlines are still grounded in red ink, reporting steeper losses for the first quarter as they battle fierce...

Ireland tourism slumps for 7th month, March visitors down 15 percent
Number of tourists visiting Ireland fell 15 percent in March

DUBLIN, Ireland: Tourism to Ireland took another hit in March, with the number of overseas visitors falling for the seventh consecutive...

Thailand reclaims top US safety rating after nearly a decade
US reinstates Thailand's top aviation safety rating

WASHINGTON, D.C.: Thailand has regained the highest aviation safety rating from the United States, nearly a decade after it was downgraded—a...

New Mexico hosts global celebration of native and indigenous cultures
Thousands gather in New Mexico for the largest powwow in North America

ALBUQUERQUE, New Mexico: Thousands of people are gathering in New Mexico for a big event that celebrates Native American and Indigenous...

Daily World Briefing, May 5
Daily World Briefing, May 5

Yemen's Houthis announce comprehensive air blockade against IsraelYemen's Houthi group said Sunday that it will continue launching...

Macao sees record-breaking tourist flow during May Day holiday
Macao sees record-breaking tourist flow during May Day holiday

Tourists are pictured near the Ruins of St. Paul's in south China's Macao, May 3, 2025. (Xinhua/Cheong Kam Ka)MACAO, May 5 (Xinhua)...

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