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Business

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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...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

JERA to consider Alaska as a potential LNG supplier
Japan's JERA may consider Alaska as LNG supply option

TOKYO, Japan: Japan's biggest power company, JERA, says it might buy liquefied natural gas (LNG) from Alaska. This comes as Japanese...

U.S. stocks bounce higher on non-farm payrolls data
Positive jobs report lights up Wall Street

NEW YORK, New York - A better-than-expected jobs report boosted U.S. stock markets Friday.  Total nonfarm payroll employment increased...

Toyota considers major buyout of key supplier Toyota Industries
Toyota could invest in potential $42 billion buyout of key supplier

TOKYO, Japan: Toyota Motor is weighing a potential investment in a primary buyout of one of its key suppliers, Toyota Industries, the...

Middle East

Section
Israel blamed for drone strike on Gaza protest ship
SOS issued after drones strike ship protesting Gaza blockade

Drones have struck a ship on a mission  to highlight the halting of humanitarian aid to the blockaded Gaza Strip, triggering a fire....

UAE strongly condemns Israeli attacks on Syria
UAE strongly condemns Israeli attacks on Syria

ABU DHABI, 3rd May, 2025 (WAM) -- The United Arab Emirates has condemned in the strongest terms the continuous Israeli attacks on Syrian...

UAE's exhibitions, conferences industry emerges as key driver of economic growth
UAE's exhibitions, conferences industry emerges as key driver of economic growth

Abu Dhabi [UAE], May 3 (ANI/WAM): The exhibitions and conferences industry in the UAE continues to solidify its role as a fundamental...

UAE-Africa Ministerial Meeting held to enhance cooperation in transport, railway, infrastructure sectors
UAE-Africa Ministerial Meeting held to enhance cooperation in transport, railway, infrastructure sectors

ABU DHABI, 3rd May, 2025 (WAM) -- In a move reflecting the commitment of the United Arab Emirates to support sustainable development...

Gaza faces severe food crisis amid prolonged Israeli blockade
Gaza faces severe food crisis amid prolonged Israeli blockade

Palestinians wait to receive free food from a food distribution center in Gaza City, on May 2, 2025. (Photo by Rizek Abdeljawad/Xinhua)GAZA,...

UAE President, VPs congratulate Australian PM on Labor Party's victory in second term in Australian government elections
UAE President, VPs congratulate Australian PM on Labor Party's victory in second term in Australian government elections

ABU DHABI, 3rd May, 2025 (WAM) - President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Anthony...