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Business

Section
Tourists shift from U.S. to Europe as spending surges
Europe set for 11% rise in tourist spending, WTTC report says

MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...

Tough competition, weak economy hits European investments in China
European firms cut spending amid economic slowdown in China

BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...

Elf beauty buys Hailey Bieber's Rhode in $1 billion Deal
Hailey Bieber sells makeup brand Rhode to Elf Beauty for $1 billion

LOS ANGELES, California: Model Hailey Bieber's skincare and makeup brand, Rhode, is being bought by Elf Beauty for around US$1 billion....

Airbus delivery delays now stretch to 2028, airlines warned
Airbus tells airlines to expect jet delivery delays into 2028

PARIS, France: Aircraft delivery delays at Airbus are now expected to stretch into 2028, as the European planemaker continues to grapple...

GameStop makes $513 million bitcoin bet in digital asset shift
GameStop buys $513 million in bitcoin to fuel crypto strategy

GRAPEVINE, Texas: GameStop has taken a significant step into the world of cryptocurrencies, revealing this week that it has purchased...

US housing outlook dims as buyers await lower rates, BofA finds
Uncertainty hits US homebuyers as mortgage rates climb again

NEW YORK CITY, New York: Rising mortgage rates and economic uncertainty are leaving many Americans unsure about whether to buy a home—just...

Engineering

Section
Trump's 50% tariff on Steel & Aluminium could hurt India's engineering goods exports: EEPC India
Trump's 50% tariff on Steel & Aluminium could hurt India's engineering goods exports: EEPC India

New Delhi [India], June 2 (ANI): India's engineering exports are likely to face headwinds on the imposition of a 50 per cent tariff...

AI likely to impact entry level jobs, unemployment could rise sharply: Jefferies
AI likely to impact entry level jobs, unemployment could rise sharply: Jefferies

New Delhi [India], June 2 (ANI): The impact of Artificial Intelligence (AI) on the job market is expected to fall on entry-level white-collar...

Smuggling and land grabs allegedly driving military profits in Pakistan
Smuggling and land grabs allegedly driving military profits in Pakistan

Paris/London, June 2 (ANI): Grave allegations have emerged against the Pakistan Army, accusing it of operating a billion-dollar economic...

Odisha CM Mohan Charan Manjhi reviews Kalinga Studio renovation progress in Bhubaneswar
Odisha CM Mohan Charan Manjhi reviews Kalinga Studio renovation progress in Bhubaneswar

Bhubaneswar (Odisha) [India], June 2 (ANI): Odisha's Chief Minister Mohan Charan Majhi visited Kalinga Studio in Bhubaneswar to review...

VBMP accuses security forces of abducting Baloch students in Quetta protest
VBMP accuses security forces of abducting Baloch students in Quetta protest

Quetta [Pakistan], June 2 (ANI): The Voice for Baloch Missing Persons (VBMP) has demanded the immediate release of Mahjabeen Baloch,...

Nanga Thub emerging as tourist draw in Rajouri, locals, tourists highlight infrastructure gaps
Nanga Thub emerging as tourist draw in Rajouri, locals, tourists highlight infrastructure gaps

Rajouri (Jammu and Kashmir) [India] June 2 (ANI): Nestled in the majestic Pir Panjal mountain range within the Kotranka Subdivision...