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Business

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Akio Toyoda’s real estate firm to buy Toyota industries
Toyota to take key supplier private in $26 billion deal

TOKYO, Japan: Toyota has announced that it will take one of its key group suppliers, Toyota Industries, private in a deal worth UD$26...

U.S. stock markets slip after Tesla dives more than 14 percent
Wall Street slides after Trump says Elon Musk has gone crazy

NEW YORK, New York - U.S. stocks fell Thursday after the feud between U.S. President Donald Trump and his biggest backer Elon Musk...

Wage boost in Australia as inflation falls and economy stabilizes
2.6 million low-income Australian workers to benefit from pay hike

SYDNEY, Australia: Australia's independent wage-setting body, the Fair Work Commission (FWC), has announced a 3.5 percent increase...

Shareholder deal forces Google to revamp compliance for $500M
Google to spend $500M on compliance in shareholder lawsuit

MOUNTAIN VIEW, California: To settle a major shareholder lawsuit, Google is writing a US$500 million check — not for damages, but to...

Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

U.S. stock markets diverge as economic data disappoints
Wall Street ends mixed after disappointing ADP report

NEW YORK, New York -  U.S. stocks were mixed Wednesday as investors and traders grappled with the ADP report, which revealed payrolls...

Travel and Tourism

Section
Spain's short-term rentals up 25% despite crackdown attempts
Tourist rentals soar in Spain, outpacing official clampdowns

MADRID, Spain: Spain's push to curb short-term tourist rentals is being outpaced by the market's explosive growth, new data shows —...

JetBlue to share JFK slots as United expands New York footprint
JetBlue and United team up to link bookings and loyalty perks

LONG ISLAND CITY/CHICAGO: JetBlue and United Airlines are teaming up to offer travelers more flexibility and rewards, announcing a...

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...

Airbus delivery delays now stretch to 2028, airlines warned
Airbus tells airlines to expect jet delivery delays into 2028

PARIS, France: Aircraft delivery delays at Airbus are now expected to stretch into 2028, as the European planemaker continues to grapple...

Bhagwan Singh Rolsahabsar, guardian of Shri Kshatriya Yuvak Sangh, passes away, leaders pay tribute
Bhagwan Singh Rolsahabsar, guardian of Shri Kshatriya Yuvak Sangh, passes away, leaders pay tribute

Jaipur (Rajasthan) [India], June 6 (ANI): Union Minister for Culture and Tourism Gajendra Singh Shekhawat expressed his grief over...

North Sikkim: Relief operations resume; first chopper sortie of day flies out of Pakyong
North Sikkim: Relief operations resume; first chopper sortie of day flies out of Pakyong

Pakyong (Sikkim) [India], June 6 (ANI): As part of the ongoing evacuation efforts in response to the recent disaster in North Sikkim,...