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International Business

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Airlines face soaring fuel bills as global profit forecast falls
Airlines face soaring fuel bills as global profit forecast falls

RIO DE JANEIRO, Brazil: Rising fuel prices linked to conflict in the Middle East are putting pressure on airlines worldwide, forcing...

Indonesian President’s plans to grow economy at risk
Indonesian President’s plans to grow economy at risk

SINGAPORE/LONDON: Indonesian President Prabowo Subianto is losing investors' trust, and his plans to grow the economy are at risk as...

Fuel shock and aircraft shortages test airline recovery
Fuel shock and aircraft shortages test airline recovery

RIO DE JANEIRO, Brazil: Airline executives from around the world are meeting in Rio de Janeiro this weekend amid growing concerns that...

EU weighs supply chain diversification requirements
EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

Amazon reveals warehouse robot that responds to commands
Amazon reveals warehouse robot that responds to commands

DARTFORD, England: Amazon introduced a new generation of AI-powered warehouse robot capable of responding to conversational instructions,...

Loonie slides as traders await next week's rate decision
Loonie slides as traders await next week's rate decision

TORONTO, Ontario: The Canadian dollar traded near an eight-week low against the U.S. dollar on Friday as investors looked ahead to...

International

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US court strikes down Trump-era H-1B visa surcharge
US court strikes down Trump-era H-1B visa surcharge

BOSTON, Massachusetts: A federal judge has invalidated a $100,000 fee imposed by President Donald Trump on new H-1B visas, ruling that...

Iran, Israel stop firing on each other after Trump tells them to
Iran, Israel stop firing on each other after Trump tells them to

DUBAI/JERUSALEM: Iran and Israel said on June 8 that they had stopped attacking each other after U.S. President Donald Trump urged...

11 dead in violence in Pakistan-administered Kashmir before protest
11 dead in violence in Pakistan-administered Kashmir before protest

MUZAFFARABAD, PoJK: Clashes in Pakistan-occupied Jammu and Kashmir ahead of a protest planned for June 9 left 11 people dead and more...

UN food agency warns that countries face hunger because of Iran war
UN food agency warns that countries face hunger because of Iran war

UNITED NATIONS: The U.N.'s food agency says the Iran war is pushing millions more people into serious hunger, as it had warned would...

Fuel shock and aircraft shortages test airline recovery
Fuel shock and aircraft shortages test airline recovery

RIO DE JANEIRO, Brazil: Airline executives from around the world are meeting in Rio de Janeiro this weekend amid growing concerns that...

Learn from Ukraine, Gulf wars on defense spending, Taiwan advised
Learn from Ukraine, Gulf wars on defense spending, Taiwan advised

TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...

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