Business

Dar Global to launch a $1 billion project in Saudi Arabia in a deal with Trump Organization

Dar Global to launch a $1 billion project in Saudi Arabia in a deal with Trump Organization

DUBAI, United Arab Emirates (AP) — Dar Global, a London-listed luxury real estate developer, said on Monday that it plans to launch a Trump Plaza in the Saudi Red Sea city of Jeddah in the second ...

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Treasury chief says wars and tariffs are harming the UK’s economic outlook

Treasury chief says wars and tariffs are harming the UK’s economic outlook

LIVERPOOL, England (AP) — Britain’s Treasury chief warned Monday that wars in Ukraine and the Middle East and economic headwinds sparked by U.S. President Donald Trump’s tariffs have worsened the ...

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CEO of drugmaker GSK to step down by year’s end

CEO of drugmaker GSK to step down by year’s end

LONDON (AP) — GSK Chief Executive Emma Walmsley, the first woman to lead a major pharmaceutical company, will step down Dec. 31 after more than eight years at the head of the London-based drugmake...

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Lufthansa airline group to shed 4,000 jobs by 2030 with help of AI, sees stronger profits ahead

Lufthansa airline group to shed 4,000 jobs by 2030 with help of AI, sees stronger profits ahead

FRANKFURT, Germany (AP) — Lufthansa Group said Monday that it would shed 4,000 jobs by 2030 with the help of artificial intelligence, digitalization and consolidating work among member airlines — ...

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Iran hangs a man it accuses of spying for Israel as Tehran continues wave of executions

Iran hangs a man it accuses of spying for Israel as Tehran continues wave of executions

DUBAI, United Arab Emirates (AP) — Iran said Monday it hanged a man accused of spying for Israel, the latest as Tehran carries out its largest wave of executions in decades. Iran identified the ex...

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Asian shares start the week mostly higher

Asian shares start the week mostly higher

Shares were mostly higher Monday in Asia after Wall Street broke its three-day losing streak, trimming its losses for last week. China factory data are due out on Tuesday and a quarterly business...

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