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Business

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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...

UK economic confidence plunges to record low, Ipsos poll reveals
Poll: Britons' confidence in economy is lowest since at least 1978

LONDON, U.K.: Britons' outlook on the economy has hit an all-time low, with public confidence plunging to its weakest point since records...

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-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...

Can India insulate itself from oil shocks
Can India insulate itself from oil shocks

With global markets disrupted by geopolitical tensions, trade wars, Indias 2025 energy policy shows a clear shift toward stability...

CHINA-ANHUI-HUANGSHAN-FRENCH PHOTOGRAPHER-LOVE (CN)
CHINA-ANHUI-HUANGSHAN-FRENCH PHOTOGRAPHER-LOVE (CN)

(250503) -- HEFEI, May 3, 2025 (Xinhua) -- This file photo shows French photographer Nicolas Cornet's photographs of Huangshan being...