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Business

Section
Luxury giant Kering bets on outsider de Meo to lead turnaround
Kering picks Renault's de Meo to fix Gucci, slash soaring debt

PARIS, France: Luxury group Kering's decision to tap Luca de Meo as its next chief is being seen as a daring but necessary attempt...

Trump family enters telecom with branded phone, mobile service
Trump Mobile launched with $499 phone, plan priced at $47.45

NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...

Starmer: US-UK trade deal to be finalized 'very soon.'
UK, US nearing final stage of trade deal, says PM Starmer

KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the...

Aircraft orders expected as Paris airshow opens, despite recent crises
Paris airshow opens amid global aviation uncertainty

PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...

U.S. stock markets divided as Fed leaves interest rates unchanged
Wall Street moves sideways after Federal Reserve rate decision

NEW YORK, New York - U.S. stocks were largely range-bound Wednesday after the Federal Reserve decided to maintain the target range...

State Dept memo outlines plan to widen Trump travel ban
Trump may expand U.S. travel ban to 36 more countries: memo

WASHINGTON, D.C.: The Trump administration is weighing a major expansion of its travel restrictions, with a new internal memo revealing...

Middle East

Section
Trump gives himself a fortnight to decide on joining Netanyahu's war
Trump delays decision to go to war against Iran for two weeks

WASHINGTON, DC - In a bid to defuse speculation, U.S. President Donald Trump says he will make his decision on whether to have the...

U.S. abandons inter-agency effort to pressure Moscow on Ukraine
Trump admin quietly shutters Russia pressure group, sources say

WASHINGTON, D.C.: A quiet shift inside the Trump administration has stalled a key diplomatic initiative aimed at pushing Russia toward...

Tehran seeks ceasefire via Gulf allies, offers nuclear flexibility
Iran asks Gulf states to mediate Israel truce, offer nuclear talks

DUBAI, U.A.E.: As violence escalates between Iran and Israel, Tehran is turning to its Gulf neighbors to help broker a ceasefire —...

Trump leaves G7, calls for evacuation of Iran's capital
Trump calls for Tehran to be evacuated

CALGARY, Alberta, Canada - U.S. President Donald Trump has announced he is leaving the G7 summit after just one day, and after refusing...

Crude spikes as Israel-Iran conflict reignites supply concerns
Oil surges over 7% after Israeli strikes on Iranian military sites

HOUSTON, Texas: Crude oil surged to multi-month highs this week, driven by escalating tensions in the Middle East after Israel launched...

Airlines reroute planes after Israeli strikes spark airspace chaos
Flights canceled as Israel-Iran conflict shuts Middle East skies

SEOUL/LONDON: A wave of flight cancellations and diversions swept across the airline industry on June 13 after Israel launched strikes...