U.S. downs Iranian drones as strikes deepen tensions in Gulf
The United States and Iran have traded fresh strikes, with the U.S. hitting military sites and Iran launching missiles and drones at bases and ship...
Argentina will no longer require visas for Chinese citizens holding valid U.S. entry visas to enter the country for tourism or business, the government said on Monday, in a move reflecting warming ties between Buenos Aires and Beijing.
The measure, announced by President Javier Millei, aims to boost tourism and “deactivate mechanisms” that have hindered Argentina’s economic growth, with tourism described as a strategic sector, according to a government statement.
The decision mirrors China’s move in May to grant visa-free entry to citizens of Argentina, Brazil, Chile, Peru, and Uruguay.
Argentina said it was “appropriate to adopt equivalent measures” for Chinese nationals with ordinary passports entering for tourism or business.
China is Argentina’s second-largest trading partner after Brazil and a key market for beef, soy, and lithium.
It has also invested heavily in infrastructure, energy, and mining projects in the country and extended a multi-billion-dollar currency swap line to help ease upcoming debt repayments.
Argentina also joined China’s Belt and Road Initiative in 2022.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Tourism operators in eastern Latvia say repeated incursions by stray military drones linked to the war in Ukraine are driving visitors away from one of the country's most popular summer destinations, threatening hundreds of small businesses that rely on seasonal trade.
TUI has reported sustained demand for holidays despite the Iran war, as the world’s biggest travel company posted lower-than-expected quarterly losses and said bookings for the second half of the year remained strong.
Travellers worried about costs and flights by the ongoing conflict in the Middle East are changing their summer holiday plans, with lastminute bookings, safer destinations such as Spain, and rail travel all growing in popularity.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
ITA Airways is preparing to raise ticket prices by between 5% and 10% this year as soaring fuel costs linked to the conflict involving Iran, Israel and the U.S. continue to pressure airlines worldwide.
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