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International Business

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Over 60 companies named in UN report on Israel-Gaza conflict
Over 60 companies named in UN report on Israel-Gaza conflict

GENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...

Persson family steps up H&M share purchases, sparks buyout talk
Persson family steps up H&M share purchases, sparks buyout talk

LONDON/STOCKHOLM:  The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...

Shell rejects claim of early merger talks with BP
Shell rejects claim of early merger talks with BP

LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...

Australian PM rejects US pressure to ease biosecurity rules
Australian PM rejects US pressure to ease biosecurity rules

SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...

Beijing conference spotlights esports as new engine of digital economy
Beijing conference spotlights esports as new engine of digital economy

BEIJING, July 5 (Xinhua) -- No dull rows of chairs and tables, no endless slides of charts and numbers -- instead, a gleaming statue...

Sudan's Khartoum strives to recover amid ongoing civil war
Sudan's Khartoum strives to recover amid ongoing civil war

KHARTOUM, July 5 (Xinhua) -- After more than two years of devastating conflict, Sudan's capital Khartoum is slowly emerging from the...

Engine defect prompts Nissan to recall over 443,000 vehicles
Engine defect prompts Nissan to recall over 443,000 vehicles

FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...

Microsoft trims jobs to manage soaring AI infrastructure costs
Microsoft trims jobs to manage soaring AI infrastructure costs

REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...

Nvidia briefly tops Apple’s record in AI-fueled stock rally
Nvidia briefly tops Apple’s record in AI-fueled stock rally

SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...

Ireland’s Deputy PM calls for swift US-Ireland trade agreement
Ireland’s Deputy PM calls for swift US-Ireland trade agreement

DUBLIN, Ireland: Tánaiste Simon Harris has called on the United States to use every hour to reach a zero-for-zero tariff agreement...

Trump wins $16 million settlement from Paramount over CBS Harris edit
Trump wins $16 million settlement from Paramount over CBS Harris edit

NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...

ICE raids leave crops rotting in California, farmers fear collapse
ICE raids leave crops rotting in California, farmers fear collapse

SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...