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Financial Markets

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Amazon expands rural delivery network by investing $4 billion
Amazon to invest $4 billion to expand rural delivery network in US

SEATTLE, Washington: Amazon.com is ramping up its delivery game in rural America, announcing a US$4 billion investment to grow its...

Starbucks boosts staffing, slows automation push
Starbucks to beef up store staffing, go slow on automation rollout

SEATTLE, Washington: Starbucks is shifting course on its store strategy—putting people ahead of machines. The coffee giant announced...

China's factory activity shrinks at fastest pace in over a year
China's factory activity falls sharply as Trump tariffs bite

BEIJING, China: China's manufacturing sector lost steam in April, with activity shrinking at the fastest pace in over a year, as new...

Australia inflation hits 3-year low, boosting rate cut hopes
Australia's core inflation slows to 3-year low in Q1

SYDNEY, Australia: A key measure of inflation in Australia has cooled to its lowest level in three years, lending weight to expectations...

Ireland’s unemployment dips to 4.1% in April
Ireland's monthly unemployment rate drops to 4.1% in April

DUBLIN, Ireland: April 2025 saw a slight improvement in the labor market, with the seasonally adjusted unemployment rate dropping to...

UK grocery prices rise 3.8 percent in April, adding to consumer pressure
UK grocery inflation edges up to 3.8 percent in April, says report

LONDON, U.K.: Grocery prices in the UK rose by 3.8 percent in April, slightly higher than last month's 3.5 percent, adding more pressure...

Technology

Section
Huawei targets Nvidia with new AI chip in tech showdown
WSJ: China's Huawei develops new AI chip, seeking to match Nvidia

BEIJING, China: China's Huawei Technologies is stepping up efforts to challenge U.S. dominance in artificial intelligence hardware,...

Singapore orders Meta to block foreign election posts
Singapore orders foreigners' Facebook posts blocked before elections

SINGAPORE: Singapore has ordered Facebook's parent company, Meta, to block Singaporeans from seeing posts made by three foreigners...

Manohar Parrikar Institute for Defence Studies and Analyses rebuts Pakistan cyber force's hacking claims
Manohar Parrikar Institute for Defence Studies and Analyses rebuts Pakistan cyber force's hacking claims

New Delhi [India], May 5 (ANI): The senior management of Manohar Parrikar Institute for Defence Studies and Analyses on Monday refuted...

"Vietnam shown great faith in India's ability, especially in modern technology": Union Minister Rijiju
"Vietnam shown great faith in India's ability, especially in modern technology": Union Minister Rijiju

Ho Chi Minh City [Vietnam], May 5 (ANI): Union Minister of Parliamentary Affairs & Minority Affairs Kiren Rijiju has expressed confidence...

Pakistan-based cyber attackers target Indian defence websites, surveillance heightened to mitigate future risks
Pakistan-based cyber attackers target Indian defence websites, surveillance heightened to mitigate future risks

New Delhi [India], May 5 (ANI): With Pakistan-based hackers attacking Indian defence websites, sources said appropriate measures are...

Cyber attack alert: Pakistan cyber force claims breach of Indian Defence Institutions
Cyber attack alert: Pakistan cyber force claims breach of Indian Defence Institutions

New Delhi [India], May 5 (ANI): In a continued wave of cyber offensives, the account on X 'Pakistan Cyber Force' has revealed that...