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Search Result for “New York Times News Service”

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BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

Thaicom, Amazon Leo team up on LEO internet

Business, Komsan Tortermvasana, Published on 08/04/2026

» SET-listed Thaicom has partnered with Amazon Leo to bring the latter's low Earth orbit (LEO) satellite broadband service to Thailand, further expanding Thaicom's nationwide connectivity.

BUSINESS

J&T Express drives delivery push with EVs, automation

Business, Suchit Leesa-nguansuk, Published on 08/04/2026

» Amid rising cost pressures and intensifying competition in Thailand's logistics sector, J&T Express is accelerating efforts to bolster operational efficiency by investing in automated sorting technologies while piloting electric vehicles to reduce exposure to volatile fuel prices.

BUSINESS

Eastern Star targets 10% revenue growth

Business, Kanana Katharangsiporn, Published on 08/04/2026

» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.

BUSINESS

US fund Pershing Square launches takeover bid for Universal Music

AFP, Published on 07/04/2026

» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.

BUSINESS

South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook

South China Morning Post, Published on 07/04/2026

» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.

BUSINESS

Hopes for early end to war lift sentiment

Business, Maybank Securities Thailand, Published on 07/04/2026

» The war in Iran continues with ongoing attacks by both sides, while Iran's closure of the Strait of Hormuz weighs on investor sentiment.

BUSINESS

Japan enhances vehicle tracking at airports to prevent runway incursions

Kyodo News, Published on 06/04/2026

» Japan's transport ministry has begun requiring all ground vehicles allowed to operate on runways at eight major airports to be equipped with transponders to alert control towers of their locations and prevent collisions with aircraft.