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Spirit Airlines has issued a going-concern warning, raising doubts about its ability to continue operations within the next year, just five months after emerging from Chapter 11 bankruptcy protection. The low-cost carrier, based in Florida, cited persistent weak demand for domestic

United States President Donald Trump announced on Friday that he will meet Russian President Vladimir Putin in Alaska on 15 August to discuss a potential agreement aimed at ending the war in Ukraine. The meeting, which Trump described as a critical step toward achieving peace, comes

Switzerland is facing one of its most severe trade challenges in decades after the United States implemented a 39 percent tariff on Swiss exports, a rate among the highest imposed under President Donald Trump’s ongoing overhaul of global trade rules. The levy, which took

Signs are mounting that the United States may be entering a “stagflation-lite” phase, as inflation edges higher while economic growth slows and labor market indicators weaken. Economists and market analysts warn that the combination of sticky prices, slowing job creation, and policy

Barclays reported second-quarter earnings that exceeded analyst expectations, supported by a strong performance in trading amid increased market volatility. The British lender posted a pre-tax profit of £2.5 billion ($3.34 billion) for the quarter ending June 2025, above the £2.23 billion estimate