Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will launch later this year instead of in the spring, like the companies had originally announced, because of production delays, according to a person familiar with the matter who…
The UK’s high-speed rail project HS2 will not meet its scheduled 2033 completion date or stay within budget, Transport Secretary Heidi Alexander told Parliament on Tuesday, citing systemic failures, mismanagement, and rising costs. The announcement marks the latest setback for a troubled infrastructure programme once billed as a transformational project…
Air India announced on Wednesday a significant, albeit temporary, reduction in its international operations utilizing widebody aircraft. The airline will cut these flights by 15% for the next few weeks, a decision driven by ongoing safety inspections and operational disruptions following the catastrophic crash of one of its Boeing 787…
Hong Kong stocks tumbled sharply on Thursday as rising geopolitical tensions in the Middle East and the US Federal Reserve’s cautious stance on interest rates triggered a wave of risk aversion across Asian markets.By 2:09 pm local time, the benchmark Hang Seng Index had plunged 463 points to 23,247.38, breaching…
Investors have piled into crypto stocks in recent sessions after the US Senate passed the GENIUS Act with a decisive 68-30 vote, marking a significant milestone in stablecoin legislation.What the bill essentially does is establish a federal framework for private firms to issue stablecoins under strict regulations, including full reserve…
European stock markets opened broadly lower on Thursday, with the regional Stoxx 600 index retreating as investors continued to grapple with heightened geopolitical tensions between Israel and Iran and the looming possibility of US involvement in the conflict.Despite the generally negative sentiment, the oil and gas sector, along with telecommunications,…
A cohort of Democratic lawmakers from Texas has formally requested that Tesla postpone the highly anticipated launch of its robotaxi service in Austin. The legislators are urging the electric vehicle giant to delay the rollout until September, when a new state law governing autonomous driving is scheduled to come into…
The possible US strike on Iran has become a hot topic worldwide, dominating headlines and global discussionsTrump’s recent remarks have indicated that the United States is thinking seriously about joining Israel’s conflict with Iran. The Israel-Iran conflict, which is entering its first week now, has witnessed some intense exchanges of missiles,…
The Switzerland National Bank (SNB) cut interest rates by 25 basis points to 0% on Thursday, deepening its dovish stance amid renewed concerns over deflation and persistent strength in the Swiss franc.The widely anticipated move raises the possibility of Switzerland revisiting negative interest rates for the first time since 2022.“With…
Asian markets reacted sharply to the rising tensions in the Middle East as most of the benchmark indices ended the day in red. The investors treaded with caution as the US President gave mixed signals about possible strikes on Iran, coupled with the US Federal Reserve’s recent rate freeze, created a…