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Business

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GM recalls 720,000 vehicles over V8 engine defect
GM recalling 721,000 vehicles globally over engine issue

WASHINGTON, D.C.: General Motors is recalling more than 720,000 vehicles globally over a defect linked to its 6.2L V8 engines, the...

UPS to cut 20,000 jobs, close facilities amid Amazon slowdown
UPS to cut 20,000 jobs on reduced Amazon deliveries as tariffs weigh

ATLANTA, Georgia: United Parcel Service is cutting 20,000 jobs and closing dozens of facilities, marking one of its biggest shakeups...

JERA to consider Alaska as a potential LNG supplier
Japan's JERA may consider Alaska as LNG supply option

TOKYO, Japan: Japan's biggest power company, JERA, says it might buy liquefied natural gas (LNG) from Alaska. This comes as Japanese...

U.S. stocks bounce higher on non-farm payrolls data
Positive jobs report lights up Wall Street

NEW YORK, New York - A better-than-expected jobs report boosted U.S. stock markets Friday.  Total nonfarm payroll employment increased...

Toyota considers major buyout of key supplier Toyota Industries
Toyota could invest in potential $42 billion buyout of key supplier

TOKYO, Japan: Toyota Motor is weighing a potential investment in a primary buyout of one of its key suppliers, Toyota Industries, the...

UK economic confidence plunges to record low, Ipsos poll reveals
Poll: Britons' confidence in economy is lowest since at least 1978

LONDON, U.K.: Britons' outlook on the economy has hit an all-time low, with public confidence plunging to its weakest point since records...

Engineering

Section
Waves Summit 2025 showcases India's rise as global gaming powerhouse
Waves Summit 2025 showcases India's rise as global gaming powerhouse

Mumbai, Maharashtra [India], May 3 (ANI): The Waves Summit 2025, held in Mumbai, has emerged as a key convergence point for India's...

Kuwait's Jazeera Airways partners with TCS for AI-led transformation, better customer experience
Kuwait's Jazeera Airways partners with TCS for AI-led transformation, better customer experience

New Delhi [India], May 3 (ANI): IT services major Tata Consultancy Services has partnered with Jazeera Airways, Kuwait's low-cost carrier,...

Puri senior Daitapati welcomes Digha Jagannath Temple, urges restraint over 'Dham' naming row
Puri senior Daitapati welcomes Digha Jagannath Temple, urges restraint over 'Dham' naming row

Puri (Odisha) [India] May 3 (ANI): Senior Daitapati servitor (sevayat) of the Puri Jagannath Temple, Ramakrishna Das Mahapatra, has...

Supportive policies ignite new momentum for Chinese businesses
Supportive policies ignite new momentum for Chinese businesses

This photo taken from Jingshan Hill on Aug. 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in...

Private capital expenditure in India remains sluggish in Q4FY25, despite overall rise in new projects: Report
Private capital expenditure in India remains sluggish in Q4FY25, despite overall rise in new projects: Report

New Delhi [India], May 3 (ANI): Private capital expenditure in India continued to remain weak in the fourth quarter of the financial...

MIDEAST-JERUSALEM-WILDFIRES AFTERMATH
MIDEAST-JERUSALEM-WILDFIRES AFTERMATH

(250503) -- JERUSALEM, May 3, 2025 (Xinhua) -- An aerial photo taken on May 2, 2025 shows the aftermath of a wildfire near Jerusalem....