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Business

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Talaat Moustafa plans massive new city project near Cairo
Talaat Moustafa plans massive new city project near Cairo

CAIRO, Egypt: Egypt's Talaat Moustafa Group has unveiled plans to develop a US$27 billion mixed-use city east of Cairo, marking one...

Meta plans first job cuts in May, more layoffs expected later
Meta plans first job cuts in May, more layoffs expected later

NEW YORK CITY/SAN FRANCISCO: Meta Platforms is set to begin a major round of layoffs on May 20 as part of a broader restructuring tied...

Apple, Huawei defy slowdown as China smartphone sales fall
Apple, Huawei defy slowdown as China smartphone sales fall

BEIJING, China: Apple recorded a sharp rise in iPhone shipments in China in the first quarter, outperforming rivals even as the broader...

Fed probe intensifies as Trump threatens to fire Powell
Fed probe intensifies as Trump threatens to fire Powell

WASHINGTON, D.C.: A federal investigation into the Federal Reserve's US$2.5 billion headquarters renovation intensified this week after...

Investors rattle as Netflix co-founder Hastings steps down
Investors rattle as Netflix co-founder Hastings steps down

LOS ANGELES, California: Netflix shares fell sharply in premarket trading after co-founder and chairman Reed Hastings announced he...

Rubber glove makers warn of shortages amid rising input costs
Rubber glove makers warn of shortages amid rising input costs

SINGAPORE/KUALA LUMPUR: A sharp rise in raw material costs, triggered by the war in Iran, is pushing up global rubber glove prices...

Phoenix

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Diamondbacks OF Corbin Carroll (back) avoids scare after early exit
Diamondbacks OF Corbin Carroll (back) avoids scare after early exit

(Photo credit: Mark J. Rebilas-Imagn Images) Arizona Diamondbacks outfielder Corbin Carroll exited Sunday's game in Phoenix against...

Blue Jays score 8 runs in first in rout of Diamondbacks
Blue Jays score 8 runs in first in rout of Diamondbacks

(Photo credit: Mark J. Rebilas-Imagn Images) Kazuma Okamoto homered, doubled and drove in three runs, Nathan Lukes had three hits...

Defense fuels Thunder's Game 1 blowout of Suns
Defense fuels Thunder's Game 1 blowout of Suns

(Photo credit: Alonzo Adams-Imagn Images) Shai Gilgeous-Alexander scored 25 points to lead the Oklahoma City Thunder to a 119-84...

Behind Kevin Gausman, Jays strive to stop skid in matchup vs. D-backs
Behind Kevin Gausman, Jays strive to stop skid in matchup vs. D-backs

(Photo credit: Dan Hamilton-Imagn Images) The Toronto Blue Jays will turn to right-hander Kevin Gausman in an attempt to escape an...

Phillies 'got to keep fighting' as Braves on verge of sweep
Phillies 'got to keep fighting' as Braves on verge of sweep

(Photo credit: Bill Streicher-Imagn Images) Less than one month into the 2026 season, the Atlanta Braves and Philadelphia Phillies...

Orioles contact-less lineup tries for better results vs. Guardians
Orioles contact-less lineup tries for better results vs. Guardians

(Photo credit: Mitch Stringer-Imagn Images) There was a glaring lack of contact from Baltimore Orioles' hitters on Saturday. The...