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Business

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U.S. stocks restricted by tensions in Middle East
U.S. stocks close mixed Friday amid Mideast uncertainty

NEW YORK, New YorK - U.S. stocks closed mixed on Friday, with gains and losses modest, as investors and traders weighed up the escalation...

US consumers cut back after early surge ahead of Trump tariffs
US retail sales drop in May amid post-tariff spending slowdown

WASHINGTON, D.C.: Retail sales dropped sharply in May as consumer spending slowed after a strong start to the year, primarily due to...

Mitsubishi joins automakers raising prices after import tariffs
Mitsubishi to hike U.S. car prices 2.1% amid Trump tariffs

WASHINGTON, D.C.: Mitsubishi Motors is the latest automaker to raise prices in the United States, joining a growing list of car companies...

Lilly makes $1.3 billion move to expand into gene-edited heart drugs
Lilly to buy Verve for $1.3 billion in heart gene therapy expansion

INDIANAPOLIS, Indiana: Eli Lilly is making a bold play in cardiovascular gene therapy, announcing plans to acquire its partner Verve...

New Zealand PM seeks stronger ties with China amid security talks
New Zealand PM Luxon in China to boost trade and tourism

BEIJING/WELLINGTON: New Zealand's Prime Minister Christopher Luxon commenced his visit to China on June 17, seeking to strengthen trade...

U.S. on edge as Israel-Iran conflict escalates
Dow Jones drops 44 points as Wall Street takes a breather

NEW YORK, New York - U.S. stocks made only minor moves in both directions,Thursday, as investors fretted about the Israel-Iran conflict...

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...

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