Economy
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Starbucks CEO Brian Niccol faces challenges amid declining sales and barista grievances
Starbucks’ new CEO Brian Niccol has his work cut out for him. Tasked with reassuring investors that the company’s coffee…
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Saudi Arabian economic growth to accelerate in 2025 as oil taps open
Economic growth in Saudi Arabia will accelerate next year thanks to higher oil output after two years of modest performance,…
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UK’s Birmingham Airport returning to normal operation after security incident
Operations at Birmingham Airport in central England will be returning to normal after reports of a suspicious vehicle on Wednesday…
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IMF warns China’s property market woes ‘could worsen’
The International Monetary Fund (IMF) warned on Tuesday that a prolonged downturn in China’s real estate market could worsen, pointing…
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US says watching ‘dark fleet’ ship-to-ship oil transfers in Asia waters
The US is paying close attention to the ‘dark fleet’ of tankers carrying restricted oil and doing ship-to-ship transfers in Southeast Asian…
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Charleroi airport cancels all outgoing flights due to strike
All outgoing flights from Belgium’s Charleroi airport, a major hub for budget airline Ryanair, were cancelled on Tuesday due to…
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Boeing machinists union strike reach a deal after 5 weeks
Boeing reached a tentative deal Saturday with its unionized machinists to end a strike that has dragged on for over…
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US budget deficit widens to $1.8 trillion, third highest on record
The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023’s level…
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US to probe Tesla’s ‘Full Self-Driving’ system after pedestrian killed in low visibility
The US government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions,…
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Indonesia’s Prabowo targets growth with big projects, seeks to build on Widodo’s policies
Indonesian President Joko Widodo leaves office Sunday with high approval ratings thanks to strong economic growth, but his successor Prabowo…
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