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The US Commerce Department confirmed that it has revoked some licenses allowing companies to ship tech to sanctioned Chinese telecommunications giant Huawei

US Revokes Some Licenses For Exports To China's Huawei

The United States has revoked some export licenses that allowed companies such as US chip firm Qualcomm to supply Chinese tech giant Huawei, the Commerce Department confirmed on Wednesday.

EU Eyes First Ever Sanctions On Russia's LNG Sector

The EU is considering banning European ports from re-exporting Russian LNG to third countries

The EU is considering expanding its sanctions against Moscow over the war in Ukraine to target Russia's liquefied natural gas sector, EU diplomats said Wednesday.

Ukraine Lawmakers Back Bill Allowing Prisoners To Join Army

Kyiv is grappling with how to recruit enough soldiers to repel intensifying Russian attacks

Ukraine's parliament on Wednesday passed a bill that would enable some prisoners to fight in the armed forces, as the nation faces a critical shortage of manpower on the front lines.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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German automakers have invested heavily in China in recent decades

BMW Says EU Probe Into China EV Subsidies Against Free Trade

The chief executive of German luxury carmaker BMW on Wednesday warned the European Union's investigation into Chinese electric car subsidies runs counter to free trade.

The United States has sanctioned Chinese tech giant Huawei over national security concerns

Intel, Qualcomm Blocked From Shipping Chips to Huawei Amid Fresh U.S. Crackdown

The U.S. government has revoked certain export licenses allowing companies like Intel and Qualcomm to ship chips to sanctioned Chinese tech giant Huawei Technologies.

AstraZeneca rapidly developed the successful Covid-19 jab during the coronavirus pandemic which erupted in the first half of 2020

AstraZeneca Withdraws Covid Vaccine As Demand Dives

Anglo-Swedish drugmaker AstraZeneca on Wednesday said it was withdrawing Covid vaccine Vaxzevria, one of the first produced in the deadly pandemic, citing "commercial reasons" following a slump in demand.

AB InBev got caught in the US culture wars in 2023 after it teamed up with a transgender influencer to promote Bud Light, which sparked a boycott by conservative figures.

Bubbling Profits For AB InBev Despite Bud Light Boycott

The world's largest brewer AB InBev on Wednesday toasted a jump in profits in the first quarter, despite a drop in beer sales driven by a Bud Light boycott in the United States.

Francisco Mena,, head of Spanish anti-drug trafficking group Coordinadora Alternativas, said "drug trafficking feeds on unemployment"

Spain Struggles To Stamp Out Drug Trade In Poor South

The killing of two police by drug traffickers has focused attention on smuggling networks in southern Spain, where poverty makes it easy for gangs to recruit youngsters.

Ferrari reported a double digit rise in first quarter profits but its shares slid

Ferrari Confirms 2024 Guidance After First Quarter Boost

Italian luxury carmaker Ferrari on Tuesday posted a double digit rise in both profits and sales for the first quarter of 2024, and confirmed its full-year guidance.

Tesla boss Elon Musk last week received a key security clearance for its locally produced EVs, just as reports emerged that the firm had entered into a deal with local tech titan Baidu for maps and navigation

Global Car Giants Seek Tech Allies In China's Cutthroat EV Market

Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.

Global markets are wavering after their latest run-up, with traders trying to assess the outlook for rates

Asian Markets Mixed As Traders Weigh Rates Outlook

Asian markets fluctuated Wednesday as the latest rally ran out of steam due to a lack of major catalysts, while investors contemplated the outlook for monetary policy.

Demonstrators opposed university ties with Israel

Europe Student Gaza Protests Spread, Sparking Clashes, Arrests

Student protests to demand that universities sever ties with Israel over the Gaza war spread in Europe on Tuesday, sparking clashes and arrests as fresh protests broke out in the Netherlands, Germany, France, Switzerland and Austria.

OpenAI has announced the launch of a new tool aimed at detecting whether digital images have been created by artificial intelligence

OpenAI Unveils Tool To Detect DALL-E Images

OpenAI, the Microsoft-backed artificial intelligence company behind the popular image generator DALL-E, on Tuesday announced the launch of a new tool aimed at detecting whether digital images have been created by AI.

ByteDance has said it has no plans to sell TikTok, leaving the lawsuit as its only option to avoid a ban

TikTok Challenges Potential US Ban In Court

TikTok and its Chinese parent company ByteDance filed a legal challenge against the United States on Tuesday, taking aim at a law that would force the app to be sold or face a US ban.

Disney CEO Bob Iger, shown here in 2019, expressed confidence in an upcoming initiative to crack down on improper streaming password sharing

Disney Reports Small Loss But Sees Improvement In Streaming

Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss.

Children amid the rubble of a destroyed building in Rafah in the southern Gaza Strip on April 5, 2024.

'Unlike Anything We Have Studied': Gaza's Destruction In Numbers

As well as killing more than 34,000 people and causing catastrophic levels of hunger and injury, the seven-month war between Israel and Hamas has also caused massive material destruction in Gaza.

Chief Paris Games organiser Tony Estanguet poses with the Olympic flame in Greece in April

Olympic Flame To Arrive In France Ahead Of Paris Olympics

The Olympic flame is set to arrive in the French port of Marseille on Wednesday in front of a crowd of up to 150,000 people in a first major test of the hugely ambitious plans for the Paris Games.

Germany's far-right AfD party is tied for second place in opinion polls ahead of EU Parliament elections

Major German Companies Warn Against Vote For Extremism

Germany's biggest companies said Tuesday they have formed an alliance to campaign against extremism ahead of key EU Parliament elections, when the far right is projected to make strong gains.

Starbucks has said it hopes to reach contracts and have them ratified with unionized stores in 2024

Starbucks Lattes Are Turning To An Unaffordable Luxury — What It Means For Its Shares

Last week, the Seattle-based coffee shop chain reported second-quarter earnings and revenues that badly missed analysts' estimates. It most notably reported a 2% revenue decline, the first since 2020, and lowered its guidance for the next quarter.

Anticipation for a successor to the hugely popular Switch is running high

Nintendo Says Announcement On Switch Successor 'This Fiscal Year'

Nintendo said Tuesday it will make an announcement about a highly anticipated new console by the end of March 2025 as sales decline of the hugely popular Switch, which is now in its eighth year.

This picture shows Aramco tower at the King Abdullah Financial District (KAFD) in Riyadh on April 16, 2023. Saudi Arabia has put a second four-percent chunk of shares of the Aramco energy giant, worth tens of billions of dollars, under the control of the

Saudi Aramco Says Q1 Profit Down 14.5 Percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.