Friedrich Merz is facing renewed pressure within Germany’s governing Christian Democratic Union (CDU) after a series of poor regional election results, with senior figures in the party calling for changes to its
China has sharply criticized the United States for deploying naval forces near Venezuela, backing President Nicolas Maduro in a tense standoff that is drawing global attention. Foreign Ministry spokesperson Mao Ning condemned
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Chinese equities surged on Friday, with major indexes hitting multi-year highs, driven by a strong rally in technology and AI-related stocks. The Shanghai Composite Index climbed 1.45 percent to 3,825.76 points, breaking
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European Union officials are fast-tracking plans for a digital euro in response to new U.S. legislation governing stablecoins, amid growing concern that dollar-backed tokens could undermine the competitiveness of the single currency,
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Times UK reports that JCB, Britain’s largest privately owned engineering company, faces losses running into “hundreds of millions of pounds” following the extension of US tariffs to cover finished goods containing steel
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The US Department of Justice (DOJ) has asked a court to dismiss allegations that it failed to properly investigate sanctions violations by Standard Chartered, a case that has drawn attention at the
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Updated: Former President Ranil Wickremesinghe was arrested by the Criminal Investigation Department (CID) on August 22 and subsequently remanded until August 26 by the Colombo Fort Magistrate’s Court. He was taken into
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OpenAI and Anthropic are tightening restrictions on certain investment vehicles as investor demand for stakes in the leading artificial intelligence start-ups surges, according to reporting from the Financial Times. Both companies have
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Elon Musk attempted to recruit Meta chief executive Mark Zuckerberg to help finance a near-$100 billion bid to take control of OpenAI earlier this year, according to court documents reported by the
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OnlyFans has paid out a record $701 million in dividends to its owner Leonid Radvinsky, underscoring the profitability of the UK-based subscription platform as it explores a potential multibillion-dollar sale, according to
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JPMorgan Chase is opening the doors to its new $3 billion headquarters in midtown Manhattan, a 60-storey tower that has been described by employees as a monument to chief executive Jamie Dimon’s
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Donald Trump’s sweeping cuts to U.S. renewable energy subsidies have thrown the industry into turmoil, raising fears that the country will fall behind in meeting surging power demand driven by the artificial
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Singapore-based container shipping group SeaLead has denied ties to the Iranian regime after U.S. sanctions forced it to withdraw a third of its fleet from service, according to the Financial Times. The
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North Korean leader Kim Jong-un was shown kneeling before portraits of soldiers killed while fighting for Russia in Ukraine and embracing returning troops in a ceremony broadcast by state media on Friday.
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Beijing has launched a regulatory push to restrict domestic technology groups from purchasing Nvidia’s China-specific artificial intelligence chip, the H20, after U.S. commerce secretary Howard Lutnick made comments that senior Chinese officials
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The Commonwealth Bank of Australia (CBA) has scrapped plans to eliminate 45 customer service roles after pressure from the Finance Sector Union (FSU), which challenged the bank’s reliance on artificial intelligence as
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