Allegiant Air completes acquisition of Sun Country Airlines. The merger combines two low-cost carriers as the budget airline industry faces significant market turbulence following the recent collapse of Spirit Airlines.

Rubio: Cuba's wealth controlled by military-owned company with $16B, people eat garbage

Marco Rubio says Cuba's wealth is controlled by a military-owned company with $16 billion, while people eat garbage.

Honda reports its first operating loss in nearly 70 years, posting a 414.3 billion yen deficit for the 2026 fiscal year following a major revision to its electric vehicle strategy and significant asset write-downs.

Honda reported an operating loss of 414.3 billion yen ($2.6 billion) for the fiscal year ending March 31, 2026, marking its first such loss in nearly 70 years due to significant write-downs related to its electric vehicle strategy.

Britain's economy grows unexpectedly in March, capping a strong first quarter despite Iran war concerns. Economists note seasonal distortions may be flattering the figures.

Britain's economy saw unexpected growth in March, concluding a strong first quarter, suggesting better economic health despite escalating Iran war concerns, though economists note seasonal distortions may be flattering the figures.

India's wholesale inflation accelerates to 8.30% in April, surpassing market expectations of 5.50% and the previous month's 3.88% reading.

India's wholesale price index rose by 8.30% year-on-year in April, significantly exceeding the 5.50% estimate and the previous month's 3.88% figure.