Sat, 17 May 2025

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Business

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Kraft Heinz to invest $3 billion in US plants despite gloomy outlook
Kraft Heinz investing $3 billion upgrading US manufacturing

CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

Wall Street surges with major indices making weekly gains
Dow Jones closes 332 points higher Friday amid weekly gains

NEW YORK, New York - U.S. stocks closed higher Friday with all the major indices capping weekly gains in the process. Markets are...

US Energy Department plans major regulatory rollback
Trump's Energy Department unveils broad rule changes to cut red tape

WASHINGTON, D.C.: The U.S. Department of Energy has announced plans to eliminate or amend more than 40 regulations as part of President...

US inflation slows to 4-year low as food prices fall, rents rise
Lower food prices tame US consumer inflation in April

WASHINGTON, D.C.: In April, U.S. consumer prices went up slightly. Rent costs increased, but food prices went down, which helped keep...

US sees absolute decline in international visitor spending
Foreign travel spending in US to decline 7% in 2025, report says

NEW YORK - International travel spending in the United States is projected to decline by 7 percent in 2025, amounting to a US$12.5...

Middle East

Section
Boeing clinches record jet deal with Qatar Airways during Trump visit
Qatar signs deal to buy 160 Boeing jets during Trump visit

DOHA, Qatar: Boeing secured its largest widebody aircraft deal this week, as Qatar Airways placed firm orders for 160 jets with options...

Food authority forecasts 500,000 in Gaza will die of starvation
Hundreds of thousands of Gazans being starved to death as world watches

Gaza Faces Imminent Famine as Aid Blockade Enters 70th Day, UN Warns The entire population of Gaza is now at critical risk of famine,...

Egypt: Apparent Extrajudicial Killings
Egypt: Apparent Extrajudicial Killings

(Beirut) - Egyptian Ministry of Interior officers on April 10, 2025, apparently killed two men in northwest Egypt hours after their...

UAE leads dialogue on long-term development efforts at Copenhagen Climate Ministerial
UAE leads dialogue on long-term development efforts at Copenhagen Climate Ministerial

COPENHAGEN, 17th May, 2025 (WAM) - Abdulla Balalaa, Assistant Foreign Minister for Energy and Sustainability, led the United Arab Emirates...

Xinhua Headlines: Trump's Gulf visit signals potential shift in Mideast policy
Xinhua Headlines: Trump's Gulf visit signals potential shift in Mideast policy

* U.S. President Donald Trump departed the United Arab Emirates on Friday, wrapping up a four-day Gulf tour that analysts say is all...

On behalf of UAE President, Mansour bin Zayed participates in Arab Summit in Iraq
On behalf of UAE President, Mansour bin Zayed participates in Arab Summit in Iraq

BAGHDAD,17th May, 2025 (WAM) -- On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mansour...

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