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Business

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UBS faces $26B capital demand under Swiss post-crisis plan
Switzerland hits UBS with $26B capital rule after CS takeover

BERN, Switzerland: UBS faces a sweeping new capital requirement from the Swiss government, which this week proposed changes that could...

Inside the viral world of Walmart’s high-paid cake artists
Walmart's cake decorators now earn the highest hourly store pay

NEW YORK CITY, New York: At a Walmart Supercenter in New Jersey, buttercream borders and edible-ink cartoons aren't just about sweet...

U.S. stocks directionless, although Nasdaq Composite adds 61 points
Wall Street subdued as Dow Jones index dips 1 point

NEW YORK, New York - Wall Street delivered a split performance on Monday, with the Nasdaq Composite notching up gains while the Dow...

Kering eyes partial sale of Fifth Ave building to cut debt
Kering in talks to sell stake in $1 billion Fifth Avenue property

NEW YORK CITY, New York: Luxury group Kering is in exclusive discussions to sell a stake in its prime New York real estate asset on...

P&G announces 7,000 job cuts in two-year global restructuring
P&G to cut 7,000 jobs, streamline brands amid tariff pressures

CINCINNATI, Ohio: Facing global economic headwinds and mounting tariff pressures, Procter & Gamble announced plans this week to cut...

Tesla faces EV market pressure as May sales slide in Europe
Tesla sales fall again in Europe ahead of new Model Y rollout

AMSTERDAM, Netherlands: Tesla saw a sharp decline in sales across several major European markets in May, marking its fifth consecutive...

Engineering

Section
TO THE NEW Excels with Three in India's Top 100 Great People Managers and Over 100 Certified by the Great Manager Institute
TO THE NEW Excels with Three in India's Top 100 Great People Managers and Over 100 Certified by the Great Manager Institute

iMEQ Noida (Uttar Pradesh) [India], June 10: TO THE NEW, a leading digital technology services company, is proud to announce that...

RAKEZ to showcase UAE business opportunities at Egypt's premier construction expo
RAKEZ to showcase UAE business opportunities at Egypt's premier construction expo

RAS AL KHAIMAH,10th June, 2025 (WAM) - Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in the fifth edition of Big 5 Construct...

"We want to welcome Amarnath Yatris...Kashmiris have extended for hundreds of years": PDP chief Mehbooba Mufti calls to revive tourism in J-K
"We want to welcome Amarnath Yatris...Kashmiris have extended for hundreds of years": PDP chief Mehbooba Mufti calls to revive tourism in J-K

Srinagar (Jammu and Kashmir) [India], June 10 (ANI): PDP chief Mehbooba Mufti on Tuesday urged the government to help owners, shopkeepers,...

Russia detains airport worker plotting sabotage for Ukraine FSB
Russia detains airport worker plotting sabotage for Ukraine  FSB

The suspect collected intelligence on VIP visits at Abkhazias Sukhumi airport, the agency has said A Russian citizen working at the...

'If RCB's celebration was postponed by 2 or 3 days...": Opposition Leader R Ashok visits deceased Bhumik's house, assures justice
'If RCB's celebration was postponed by 2 or 3 days...": Opposition Leader R Ashok visits deceased Bhumik's house, assures justice

Hassan (Karnataka) [India], June 10 (ANI): Opposition Leader in Karnataka R. Ashok and leader of Opposition in the Legislative council...

Xinhua Headlines: Immigration raids spark police-protester face-off in Los Angeles
Xinhua Headlines: Immigration raids spark police-protester face-off in Los Angeles

* This isn't about public safety. It's about stroking a dangerous President's ego, California Governor Gavin Newsom said. * The Los...