Washington — The White House said on Thursday it is acting on Democratic lawmakers’ demands to close what they see as a legal loophole that allows manufacturers — most from China — to…
more ...AI not a US election gamechanger yet, officials say
Washington — When the U.S. announced the seizure of 32 internet domains tied to Russian efforts to ply American voters with disinformation ahead of November’s presidential election, prosecutors were quick to…
more ...US inflation reaches 3-year low as Federal Reserve prepares to cut interest rates
Washington — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates…
more ...European business confidence in China is at an all-time low, report says
HONG KONG — China must reprioritize economic growth and reforms and boost investor confidence by leveling the playing field for all companies in the country, a European business group said Wednesday. …
more ...China takes lead in critical technology research after ‘switching places’ with US
SINGAPORE — An Australian think tank that tracks tech competitiveness says China is now the world leader in research on almost 90% of critical technologies. In a newly released report, the…
more ...Google, Apple lose court fights against EU, owe billions in fines, taxes
LONDON — Google lost its last bid to overturn a European Union antitrust penalty, after the bloc’s top court ruled against it Tuesday in a case that came with a whopping…
more ...Zimbabwe rolls out hefty fines for poor telecommunications services
Harare, Zimbabwe — Zimbabwe’s government has introduced hefty fines of up to $5,000 for poor service in the country’s telecommunications industry. In a statement Tuesday, Zimbabwe’s ICT Minister Tatenda Mavetera said…
more ...African nations boost gold reserves amid economic uncertainty
Nairobi, Kenya — Central banks in Africa are turning to gold to protect themselves from economic and geopolitical instability and to diversify their financial portfolios. In September 2023, the price of…
more ...Google loses final EU court appeal against $2.7 billion fine in antitrust shopping case
London — Google lost its final legal challenge on Tuesday against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a…
more ...Australia plans age limit to ban children from social media
SYDNEY — Australia will ban children from using social media with a minimum age limit as high as 16, the prime minister said Tuesday, vowing to get kids off their devices…
more ...Apple embraces AI craze with newly unleashed iPhone 16 lineup
CUPERTINO, California — Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform…
more ...China’s Xi, Spain’s Sanchez seek to ease EU-China trade disputes
beijing — Chinese President Xi Jinping on Monday urged visiting Spanish Prime Minister Pedro Sanchez to play a “constructive role” in improving strained ties between Bejing and the European Union. Sanchez…
more ...Black creatives band together to navigate fashion industry barriers
A lack of opportunities has resulted in underrepresentation of Black designers, stylists and other creatives in the fashion industry. It’s also created a new wave of Black entrepreneurs who are…
more ...Google faces new antitrust trial after ruling declaring search engine a monopoly
ALEXANDRIA, Va. — One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company, this time…
more ...Greece to tax cruise ships to protect popular islands from overtourism
Athens — Greece plans to impose a 20-euro ($22) levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert…
more ...As Volkswagen weighs its first closure of a German auto plant, workers aren’t the only ones worried
FRANKFURT, Germany — Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history, saying it otherwise won’t meet the cost-cutting goals…
more ...Drought forces Kenya’s Maasai, other cattle herders to consider fish, camels
KAJIADO, Kenya — The blood, milk and meat of cattle have long been staple foods for Maasai pastoralists in Kenya, perhaps the country’s most recognizable community. But climate change is forcing…
more ...Boeing’s beleaguered Starliner returns home without astronauts
WASHINGTON — Boeing’s beleaguered Starliner made its long-awaited return to Earth on Saturday without the astronauts who rode it up to the International Space Station, after NASA ruled the trip back…
more ...China’s new pledges reflect concern over its competition in Africa
Johannesburg — After pledging $51 billion in financial support for Africa over the next three years and positioning China as a fellow developing country in contrast to the West’s colonialist past,…
more ...US IRS enforcement efforts recover $1.3 bln in unpaid taxes, Treasury says
Washington — The U.S. Treasury and Internal Revenue Service said on Friday that they have recovered $1.3 billion in unpaid taxes from wealthy individuals under new enforcement initiatives funded by $60…
more ...Like Brazil, the European Union also has an X problem
Brussels — Elon Musk’s woes are hardly limited to Brazil as he now risks possible EU sanctions in the coming months for allegedly breaking new content rules. Access to X has…
more ...
