Author: Press Room

His May Day speech announcing a cap on ride-hailing commissions at 8 per cent, down from around 20 per cent, may be popular with drivers, but it was another shock for companies. Grab Holdings – one of the region’s biggest players and long a champion of Indonesia’s digital economy – said it would have to adjust its model.Even Chinese investors, once among Indonesia’s most enthusiastic backers, are raising the alarm. In a striking letter, the China Chamber of Commerce in Indonesia warned that firms are facing abrupt policy shifts, corruption and extortion, all of which were undermining long-term confidence. Beijing is a big buyer of commodities like nickel and…

Throughout the airing of “Survivor 50,” castaways joined “CBS Mornings” to discuss their time on the show. In this marathon, relive the twists and turns and hear from all 24 contestants about what it was like to be a part of the 50th season.

ZHENGZHOU, CHINA – MAY 16: China Southern Airlines aircraft are seen parked at Zhengzhou Xinzheng International Airport on May 16, 2026, in Zhengzhou, Henan Province, China. Cheng Xin | Getty Images News | Getty ImagesChina’s biggest airline stocks have suffered more than others since the war in Iran began, as a combination of factors weighs them down.The country’s carriers are caught in a pincer of higher fuel costs and a price-wary domestic market being eroded by high-speed rail. Jet fuel prices soared after the U.S. and Israel launched attacks on Iran in February. And while many global peers are hedged…

NEWYou can now listen to Fox News articles! A registered sex offender armed with a knife was allegedly caught on surveillance video prowling outside the home of a California city attorney in a predawn encounter that is intensifying concerns over violent repeat offenders and rising political violence nationwide.The public official targeted was Fresno City Attorney Andrew Janz, whose wife and young daughter were inside the home when the suspect allegedly approached the property around 3:30 a.m. Sunday.The unsettling footage shows a man identified by authorities as 56-year-old Larry Orduna Torrez carrying a knife and wearing black gloves as he approaches…

Descrease article font size Increase article font size Nanaimo RCMP is warning people about water safety after two unrelated drownings in the community. On Wednesday, May 20, just before 6 p.m., police responded to a report for a well-being check of an adult woman at Departure Bay Beach.Nanaimo Search and Rescue (NSAR), two aircraft from 442 Rescue Squadron (CFB Comox), Nanaimo Harbour Patrol, and RCMP officers all responded.At approximately 9 p.m., a deceased woman was located near Departure Bay Beach, police said.Despite life-saving efforts by first responders, she was pronounced deceased. Foul play is not suspected, police confirmed. 1:47 Warm…

The three men killed in Monday’s shooting at the Islamic Center of San Diego were remembered as heroes at the memorial.Published On 21 May 202621 May 2026More than 2,000 people have gathered in a park in San Diego, California, to mourn a security guard and two other men murdered as they tried to stop this week’s attack on the city’s largest mosque.Mourners, including police officers in uniform, stood in rows for the Islamic funeral prayer, or Janazah, on Thursday.Recommended Stories list of 3 itemsend of listThe bodies of the three men — 51-year-old Amin Abdullah, 78-year-old Mansour Kaziha and 57-year-old…

NEWYou can now listen to Fox News articles! President Donald Trump’s first year back in office has seen more than 3 million illegal immigrants leave the United States, including an estimated 2.2 million “self-deportations,” according to figures shared with Fox News Digital by the Department of Homeland Security.DHS said the administration has also deported nearly 900,000 illegal immigrants and arrested more than 900,000 others as of May 17, framing the numbers as evidence Trump’s immigration crackdown is reshaping migration patterns after record illegal crossings during former President Joe Biden’s administration.”In President Trump’s first year back in office, more than 3…

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US stocks closed slightly higher on Thursday after a volatile trading session as investors weighed shifting developments surrounding the US-Iran conflict, fluctuating oil prices, and renewed concerns about inflation and global energy supply disruptions.The Dow Jones Industrial Average rose 278 points, or 0.56%, to close near 50,288. The S&P 500 gained 0.16%, while the Nasdaq Composite added 0.09% as markets recovered from earlier losses during the session.Investor sentiment remained highly sensitive to headlines related to ongoing diplomatic negotiations between Washington and Tehran, with markets swinging throughout the day as oil prices and Treasury yields fluctuated.Markets recover after early volatilityStocks spent…

IS AIR INDIA’s LOSS REPRESENTATIVE OF THE SECTOR?Air India’s record loss for the financial year ended March 2026 may reflect the struggles of the country’s aviation sector, but it is far worse than its peers, analysts said.This is because the airline – in which Singapore Airlines owns a 25.1 per cent stake – is in the middle of a complex turnaround. It is integrating Vistara after their November 2024 merger, modernising its fleet, dealing with legacy costs and carrying much greater exposure to long-haul international routes. IndiGo – India’s largest and most profitable carrier in recent years – has yet to announce its Q4 and…