BUSINESS

Election authorities have declared Venezuela President Nicolas Maduro the winner of the July 28 vote despite not releasing detailed results

Venezuela Opposition, US Heap Pressure On Maduro

Venezuela's opposition on Thursday warned of a potential mass exodus of migrants if President Nicolas Maduro remains in power following his contested reelection, with the US calling on the strongman not to arrest protest leaders.
More news
Those impatient for flying taxis in Paris will have to wait a little longer

Paris 'Flying Taxis' Scheme Misses Olympic Debut

Flying taxis could whisk passengers across Paris or help with emergency medical care from December, operators said on Thursday, while acknowledging that the dream of showing off the scheme during the Paris Olympics was impossible.
Donald Trump speaks during a campaign rally at the Georgia State University Convocation Center in Atlanta, Georgia, on August 3, 2024

Trump Announces News Conference As Harris Soars

Donald Trump scheduled a short-notice media event Thursday at his Florida resort as rumblings of discontent hit his presidential campaign and poll numbers surge for his election rival Kamala Harris.
China's leading chipmaker SMIC has been hit hard by US sanctions

China's Top Chipmaker Reports Q2 Plunge In Profits

Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.
Siemens CEO Roland Busch said the German group was 'benefiting from the boom in artificial intelligence'

Siemens Profits Soar On Software Demand, AI 'Boom'

Siemens, whose sprawling global business runs from making trains and factory equipment to systems that manage data centers, said its software business performed strongly, winning a series of major contracts.
Democratic presidential candidate Kamala Harris and her running mate Tim Walz held the biggest Democratic event of the election so far in Pennsylvania

Harris Heads Out On Blitz Through US Swing States

Kamala Harris took her breakneck presidential campaign on a tour of US election battlegrounds Wednesday as she seeks to woo a coalition of Democrats, independents and disaffected Republicans to power her to the White House.
Glencore has a 'managed decline' strategy to phase out its coal mines

Swiss Mining Giant Glencore Drops Plan To Exit Coal

Swiss commodities giant Glencore announced Wednesday that it had decided against spinning off its coal business for now after consulting shareholders who view the polluting fossil fuel as a cash-generating activity.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.