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Business

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Rivals cap fares, assist passengers after Spirit shutdown
Rivals cap fares, assist passengers after Spirit shutdown

WASHINGTON, D.C.: Major U.S. airlines and government officials moved quickly to assist stranded passengers after Spirit Airlines ceased...

Cheap US gas trapped as Europe, Asia scramble for supplies
Cheap US gas trapped as Europe, Asia scramble for supplies

HOUSTON, Texas: The global natural gas market has split sharply in recent weeks, with Europe and Asia scrambling for supply while the...

Spirit Airlines may cease operations as rescue deal collapses
Spirit Airlines may cease operations as rescue deal collapses

WASHINGTON, D.C.: Bankrupt discount carrier Spirit Airlines is preparing to cease operations after failing to reach an agreement with...

Apple beats forecasts, eyes AI push and leadership change
Apple beats forecasts, eyes AI push and leadership change

CUPERTINO, California: Apple reported better-than-expected quarterly earnings on May 1, driven by strong iPhone sales, as investors...

US to hike tariffs on EU cars and trucks to 25%, Trump says
US to hike tariffs on EU cars and trucks to 25%, Trump says

WASHINGTON, D.C.: U.S. President Donald Trump said on May 1 that he plans to raise tariffs on cars and trucks imported from the European...

Unilever plans small, frequent price hikes amid rising costs
Unilever plans small, frequent price hikes amid rising costs

LONDON, U.K.: Unilever is preparing to introduce gradual price increases across parts of its business as rising costs linked to the...

Middle East

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Iran standoff could create even bigger problems for Trump
Iran standoff could create even bigger problems for Trump

WASHINGTON, D.C.: More than two months into a conflict with no clear military or diplomatic victory, Donald Trump now faces the risk...

Cheap US gas trapped as Europe, Asia scramble for supplies
Cheap US gas trapped as Europe, Asia scramble for supplies

HOUSTON, Texas: The global natural gas market has split sharply in recent weeks, with Europe and Asia scrambling for supply while the...

Trump administration says Iran war ‘terminated’ before 60-day deadline
Trump administration says Iran war ‘terminated’ before 60-day deadline

WASHINGTON, D.C.: Pushing an interpretation that would allow the White House to avoid seeking congressional approval, the Trump administration...

Unilever plans small, frequent price hikes amid rising costs
Unilever plans small, frequent price hikes amid rising costs

LONDON, U.K.: Unilever is preparing to introduce gradual price increases across parts of its business as rising costs linked to the...

US wants international coalition to reopen Strait of Hormuz
US wants international coalition to reopen Strait of Hormuz

WASHINGTON, D.C./DUBAI/ISLAMABAD: With oil prices surging to their highest in more than four years, amid fears of longer-term disruptions...

UAE quits OPEC, raising questions over future oil price control
UAE quits OPEC, raising questions over future oil price control

FRANKFURT, Germany: The United Arab Emirates' decision to leave OPEC marks one of the most significant shifts in the global oil market...