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Business

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Spotify paid a record $10 billion in music royalties in 2024
Spotify says it paid $10 billion in royalties in 2024

STOCKHOLM, Sweden: Spotify set a new milestone in 2024, paying out US$10 billion in royalties—the highest annual payout to the music...

Jaguar Land Rover opts out of EV production at Tata’s India plant
JLR shelves plan to build EVs at Tata's India plant

NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory...

Virgin Group aims to raise $900M for cross-channel rail venture
Virgin Group to raise $900 million for rail service bid, company says

LONDON, U.K.: Virgin Group is seeking to raise $900 million to fund its plan to launch cross-channel rail services, positioning itself...

Boeing's February deliveries surge to 44, up from 27 last year
 Boeing deliveries rise 63% in February from one year earlier

SEATTLE, Washington: Boeing saw a significant increase in aircraft deliveries in February, reporting 44 planes delivered compared to...

Southwest ends free checked bags, introduces new fees
At Southwest Airlines, checked bags will no longer fly for free

DALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...

U.S. stocks rally hard despite drop in consumer sentiment
Dow Jones jumps 675 points as Wall Street rebounds

NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...

Construction

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Dublin unveils affordable housing plan for vacant Cabra site
Affordable rental apartments planned on derelict site in north Dublin

DUBLIN, Ireland: Dublin City Council and Cluid Housing have unveiled plans to transform a vacant site in Cabra into an affordable rental...

Quality homes -- new vision for China's property sector amid market adjustment
Quality homes -- new vision for China's property sector amid market adjustment

This photo taken with a mobile phone shows people watching a sand table model of a real estate project in east China's Shanghai, May...

Cyclone Alfred turns larrikinism into animal cruelty
Cyclone Alfred turns larrikinism into animal cruelty

Ex-Tropical Cyclone Alfred brought out the worst in humanity as people mocked the natural disaster for clicks and likes, risking the...

Economic Watch: Quality homes -- new vision for China's property sector amid market adjustment

BEIJING, March 12 (Xinhua) -- For a long period of time, owning a home has been a common aspiration among Chinese citizens who rushed...

S. Korean banks' household lending rebounds in February

SEOUL, March 12 (Xinhua) -- South Korean banks' household lending rebounded in three months owing to higher demand for mortgage loan,...

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