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US Treasury chief says no reason for Fed chair to step down
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a sweeping review of the Fed.
US Treasury chief eyes China tariff deadline extension in talks next week
US Treasury Secretary Scott Bessent said Tuesday that he would meet his Chinese counterparts in Stockholm next week for tariff talks, eyeing an extension to a mid-August deadline for levies to snap back to steeper levels.
Heatwave hits water, electricity supplies across much of Iran
A severe heatwave sweeping Iran has disrupted water and electricity supplies in much of the country, with reservoir levels falling to their lowest in a century, state media said Tuesday.
AstraZeneca to invest $50 bn in the US as tariff threat looms
British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States by 2030 amid Donald Trump's threats to impose tariffs on the sector.
Price hikes nibble at demand for Lindt chocolate
Premium Swiss chocolate maker Lindt & Sprungli hiked its 2025 sales target as cocoa price hikes passed on to customers outweighed a drop in volumes.
Stocks mixed with trade and earnings in focus
Equity markets were mixed Tuesday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline for a deal.
AstraZeneca says to invest $50 bn in the US
British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington.
Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
Asian markets were mixed Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline for a deal.
Without papers: Ghost lives of millions of Pakistanis
Ahmed Raza is invisible in the eyes of his government, unable to study or work because, like millions of other Pakistanis, he lacks identification papers.
France jails three in champagne 'slaves' case
A French court on Monday jailed three people for human trafficking in the champagne industry, exploiting seasonal workers and housing them in appalling conditions.
Stocks mostly rise as markets weigh earnings optimism and tariff fears
Wall Street stocks largely rose Monday as markets looked ahead to a heavy week of earnings reports following last week's overall solid results.
How Trump turned his Truth Social app into a megaphone
Donald Trump has turned his obscure Truth Social platform into a megaphone in his second presidential term -- constantly posting everything from major policy announcements to personal threats and unashamed self-promotion.
Alaska Airlines resumes service after IT outage grounds planes
Alaska Airlines said Monday that it was working to restore normal service after an IT outage prompted a three-hour ground stop that disrupted operations at the carrier and at affiliate Horizon Air.
Markets caught between earnings optimism and tariff fears
Stock markets largely rose on Monday, as traders focused on upbeat US corporate news, but President Donald Trump's August 1 deadline for ramped-up tariffs still weighed on European indices.
UK overhauls regulation of 'broken' water system
The UK government announced Monday it will overhaul the management and regulation of the water system, following a landmark report that slammed systematic failings in the heavily-criticised industry.
Stock markets mixed, yen firms as Japan PM vows to stay
Stock markets diverged on Monday as investors eyed a busy earnings week and awaited fresh developments in US trade deals before an August 1 tariffs deadline.
Syria evacuates Bedouin from Druze-majority Sweida as ceasefire holds
Syrian authorities on Monday evacuated Bedouin families from the Druze-majority city of Sweida, after a ceasefire in the southern province halted a week of sectarian bloodshed that a monitor said killed more than 1,100 people.
US tariffs help push Jeep owner Stellantis into big loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.
US tariffs, laws push Jeep owner Stellantis into 2.3-bn-euro first-half net loss
Jeep owner Stellantis said on Monday it suffered a massive loss in the first half of the year, when it felt the first impact of new US tariffs and took a massive charge following a change in US laws.
Alaska Airlines requests grounding of fleet citing 'IT outage'
Alaska Airlines has requested a ground stop for all its mainline aircraft according to an advisory notice by the US Federal Aviation Administration (FAA), with the company citing an "IT outage."
ECB expected to hold rates as Trump tariff uncertainty lingers
The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, despite concerns over the potential impact of higher US tariffs on the eurozone economy.
Libya commander Haftar seeks to force international engagement
Libya's eastern authorities recently expelled a senior European delegation in a move analysts say was meant to send a message: the unrecognised administration backed by military leader Khalifa Haftar cannot be ignored.
EUDR Solution From Source Intelligence Simplifies Deforestation Due Diligence
The SaaS platform streamlines risk assessment, data collection, and submissions for companies navigating EUDR compliance
England's Carter suffers racist abuse at Euro 2025
England football chiefs have alerted police after defender Jess Carter revealed she has been the target of "a lot of racial abuse" during the Women's Euros in Switzerland.
Western aid cuts cede ground to China in Southeast Asia: study
China is set to expand its influence over Southeast Asia's development as the Trump administration and other Western donors slash aid, a study by an Australian think tank said Sunday.
Anxious relatives await news from Vietnam wreck rescue
Relatives anxiously sat beside ambulances on the wharf of one of Vietnam's most popular tourist sites on Sunday, waiting for news of loved ones who were on a tourist boat that capsized killing dozens.
Japan sees bright future for ultra-thin, flexible solar panels
Japan is heavily investing in a new kind of ultra-thin, flexible solar panel that it hopes will help it meet renewable energy goals while challenging China's dominance of the sector.
Jensen Huang, AI visionary in a leather jacket
Unknown to the general public just three years ago, Jensen Huang is now one of the most powerful entrepreneurs in the world as head of chip giant Nvidia.
Restoring sea floor after mining may not be possible, researchers warn
Scientists present at the latest effort to hash out international rules for deep-sea mining say it's unclear if it's possible to restore damaged sea floor ecosystems -- or how long it would take.
Dozens dead in Vietnam after Ha Long Bay tourist ferry sinks
Rescuers were desperately searching for five people still missing on Sunday after 37 were killed when a boat capsized in one of Vietnam's most popular tourist destinations.
Tourist boat capsizes in Vietnam's Ha Long Bay, leaving 34 dead
A tourist boat ferrying families around Vietnam's Ha Long Bay capsized in a storm on Saturday afternoon, leaving at least 34 people dead, according to state media reports, as rescuers scrambled to locate the missing.
18 dead, dozens missing as Ha Long Bay tourist boat capsizes
At least 18 people have died and dozens are missing after a tourist boat carrying more than 50 capsized Saturday in Vietnam's Ha Long Bay, state media said.