ATLANTA — Delta Air Lines reported stronger than expected third quarter earnings on Thursday, signaling renewed strength in air travel demand and improved corporate bookings after a challenging start to the year. The carrier’s chief executive, Ed Bastian, said the airline’s “significant improvement” in revenue outlook positions it for one of its most profitable fourth … Read more
European stocks opened lower Thursday, retreating from Recent Record High, as investors weighed the risk of a market correction and sought safer assets amid global uncertainty. Gold remained above $4,000 for the first time, reflecting heightened demand for safe haven assets amid a weaker dollar and geopolitical tensions. Wall Street hit fresh record highs in … Read more
BEIJING — China on Thursday announced a significant tightening of its rare earth export controls, expanding restrictions on key processing technologies and specifying new limits on exports to overseas defense and semiconductor users. The move, unveiled by the Ministry of Commerce, underscores Beijing’s growing determination to wield its dominance in critical mineral supply chains as … Read more
Washington — The United States government has approved several billion dollars worth of Nvidia chip exports to the United Arab Emirates, according to a report by Bloomberg News on Wednesday. The export licenses, issued by the Commerce Department’s Bureau of Industry and Security, were granted under the terms of a bilateral artificial intelligence agreement finalized … Read more
Mountain View, Calif. — Google has introduced new restrictions to its popular “Work from Anywhere” policy, a pandemic era initiative that allowed employees to perform their duties from outside their primary office location. The updated guidelines, which took effect earlier this year, mark another step in the tech giant’s gradual shift back toward office based … Read more
KABUL, Afghanistan — Afghanistan’s Taliban led government has placed new restrictions on social media content across major platforms including Facebook, Instagram, and X, sources at the Ministry of Communications and Information Technology confirmed Wednesday. The measures, described as “content filtering,” come just days after a nationwide internet blackout that disrupted daily life, businesses, and emergency … Read more
WASHINGTON — The global economy has shown stronger than expected resilience despite a series of shocks over recent years, International Monetary Fund Managing Director Kristalina Georgieva said Wednesday, forecasting only a modest slowdown in growth through 2026. Speaking ahead of the IMF and World Bank annual meetings in Washington, Georgieva said the world economy is … Read more
BRUSSELS — US technology giant Amazon plans to invest 1 billion euros ($1.16 billion) in Belgium between 2025 and 2027 to expand its infrastructure, enhance supply chains, and strengthen partnerships with local firms, Belgian newspaper L’Echo reported Wednesday. The investment marks one of Amazon’s largest commitments in Belgium to date, aimed at enabling same day … Read more
TOKYO — SoftBank Group Corp. announced Monday that it has agreed to acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, a move signaling the Japanese technology conglomerate’s renewed push into robotics and artificial intelligence. The deal, subject to regulatory approval across multiple markets, marks one of SoftBank’s largest acquisitions in recent … Read more
PARIS — French President Emmanuel Macron is facing mounting pressure from within his own political ranks as former Prime Minister Édouard Philippe urged him to appoint a caretaker government and call early presidential elections to end France’s deepening political crisis. The appeal follows the resignation of Sébastien Lecornu, the nation’s third prime minister in a … Read more