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Business

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Global central banks warn on inflation as energy costs rise
Global central banks warn on inflation as energy costs rise

OTTAWA/WASHINGTON/TOKYO: Major central banks signalled caution on inflation as they kept interest rates unchanged, warning that rising...

Labubu heads to films as Pop Mart partners with Sony
Labubu heads to films as Pop Mart partners with Sony

BEIJING, China: Pop Mart is taking its viral Labubu character to the big screen, partnering with Sony Pictures Entertainment to develop...

Coffee seen following cocoa’s slump as prices face pressure
Coffee seen following cocoa’s slump as prices face pressure

TAMPA, Florida: Coffee markets are drawing comparisons to cocoa's dramatic boom-and-bust cycle, with some industry experts expecting...

Cayman Islands, a global hub housing trillions of U.S. dollars
Cayman Islands, a global hub housing trillions of U.S. dollars

China, which was the largest holder of U.S. government debt as recently as 2019, has cut its holdings to the lowest level since 2008,...

U.S. stocks end week with major sell-off, Dow Jones dives 447 points
U.S. stocks end week with major sell-off, Dow Jones dives 447 points

NEW YORK, New York - U.S. stocks ended sharply lower Friday as the deeply unpopular Netanyahu-Trump war on Iran continued to play havoc...

Iran war-driven fuel spike could boost EV, hybrid demand
Iran war-driven fuel spike could boost EV, hybrid demand

GUILDFORD, U.K./RICHMOND, Virginia: A surge in gasoline prices linked to the Iran war is beginning to ripple through the auto market,...

Phoenix

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Powell probe risks backfiring, could extend Fed chair tenure
Powell probe risks backfiring, could extend Fed chair tenure

WASHINGTON, D.C.: A Justice Department investigation into Federal Reserve Chair Jerome Powell could end up prolonging his leadership...

Fee to give up US citizenship cut to $450 by State Department
Fee to give up US citizenship cut to $450 by State Department

WASHINGTON, D.C.: The fee for Americans to formally renounce their U.S. citizenship has now been slashed by about 80 percent from US$2,350...

Yankees to add OF Randal Grichuk to Opening Day roster
Yankees to add OF Randal Grichuk to Opening Day roster

(Photo credit: Kim Klement Neitzel-Imagn Images) Outfielder Randal Grichuk will be on the New York Yankees' Opening Day roster, manager...

After lengthy road trip, Suns look for bright spot vs. Bucks
After lengthy road trip, Suns look for bright spot vs. Bucks

(Photo credit: Daniel Dunn-Imagn Images) Close games are becoming commonplace for the Phoenix Suns, who begin a four-game homestand...

NCAA tournament roundup: Otega Oweh saves Kentucky with buzzer-beating bank shot
NCAA tournament roundup: Otega Oweh saves Kentucky with buzzer-beating bank shot

(Photo credit: Jeff Curry-Imagn Images) Otega Oweh rescued Kentucky with a buzzer-beating 35-footer off the glass to force overtime,...

No. 9 Utah State outlasts No. 8 Villanova, advances to face Arizona
No. 9 Utah State outlasts No. 8 Villanova, advances to face Arizona

(Photo credit: Denis Poroy-Imagn Images) SAN DIEGO -- MJ Collins Jr. scored nine of his 20 points in the final four minutes as No....