World Business NewsPolyester costs surge on higher petrochemical prices, raising costs for fast fashion like Zara and H&M; sneaker production costs also increase; Indian mills cut output
World Business NewsChinese firms seek to avoid government attention, political bias; US firms seek foreign talent without US visa complication; Singapore offers incentives in its quest to become AI power
World Business NewsSpot Gold falls 0.7% to $4,705.09, U.S. futures drop 0.6% to $4,722.10; silver down 1.4%, platinum 1.3%, palladium 1%
World Business NewsBrent rises 1.3% to $103.28, WTI gains 1.6% to $94.48 after crossing $100 mark
World Business NewsRevolutionary Guards seize Liberia-flagged Epaminondas and Panama-flagged MSC Francesca, cite permit violations and navigation tampering; Iran and US remain divided on ceasefire, blockade, nuclear issues and control of strait
World Business NewsPullback follows reassessment of geopolitical risks and weaker U.S. futures despite stable Middle East outlook
World Business News56-year-old was among 10 people indicted last year on suspicion of leaking memory chip manufacturing technology to Chinese chipmaker ChangXin Memory Technologies
World Business NewsFed expected to delay rate cuts as energy shock fuels inflation, Reuters poll shows
World Business NewsJapan, South Korea, Taiwan stock indexes vault to new records; Wall Street closed at all-time highs on earnings optimism
AutomobileModel Y L to be priced at $66,000, has 681 km driving range
World Business NewsUS announces ceasefire extension with Iran; Shipping traffic through Hormuz still largely halted
World Business NewsSupplies to be halted from May 1; Updated export schedules sent to Kazakhstan and Germany; Move comes amid strained Russia–Germany relations over Ukraine