Page 301 - World News

Nightmare at Nestle: World's biggest food company faces a reckoning

The share price has dropped more than 40 per cent since a peak in 2022, hit by falling volumes, bloated costs, volatile consumer demand, and missteps by a management team

China leaves key interest rate unchanged after Fed rate reduction

Resilient exports and a sharp stock market rally have allowed policymakers to withhold fresh stimulus, market watchers said, even with a broader economic slowdown

Trump to designate Antifa as terrorist organisation after Kirk's murder

Antifa, short for anti-fascists, is an umbrella term used for far-left-leaning militant groups and is not a singular entity. Antifa consists of groups that resist fascists and neo-Nazis

Pak, China push UN to designate BLA, its Majeed Brigade as terrorist entity

Pakistan's UN envoy said groups like ISIL-K, Al-Qaeda, TTP, ETIM, and BLA operate from Afghan sanctuaries with over 60 terror camps enabling cross-border attacks

Starbucks workers sue company over unpaid costs tied to new dress code

If the agency decides not to seek penalties against Starbucks, the workers intend to file a class-action lawsuit in California

Kash Patel calls Krispy Kreme stock a buy, sparks wild market rally

Patel explained that he's long liked to trade stocks and said that in this case he simply saw "good investment" opportunities in Krispy Kreme Inc. and ON Semiconductor Corp

Judge dismisses Indigenous Amazon tribe's lawsuit against NYT and TMZ

The suit was filed in May by the Marubo Tribe of the Javari Valley, a sovereign community of about 2,000 people in the Amazon rainforest

China stockpiling so much oil raises questions despite surge in EVs

China has purchased more than 150 million barrels - costing about $10 billion at current prices - above its actual use so far this year

Trump's Caribbean boat strikes spark fresh debate over legality, threats

The circumstances of the strikes were still unclear and questions lingered about the true threat posed to the US

ABC suspends Jimmy Kimmel's show indefinitely over remarks on Kirk's death

ABC, which has aired Kimmel's late-night show since 2003, moved swiftly after Nextstar Communications Group said it would pull the show starting Wednesday

Trump lists 23 major drug transit nations, including India, Pak, and China

The US President expressed commitment to defeating the threat posed by the illegal drug trade in the US

Kash Patel defends Epstein files, signals probe into alleged Trump letter

Political backlash over the Trump administration's July decision to withhold Epstein files dominated Patel's five-hour testimony before the House Judiciary Committee

US Fed slashes rates by 25 bps, expects steady pace of cuts coming

Only new Governor Stephen Miran, who joined the Fed on Tuesday and is on leave as the head of the White House's Council of Economic Advisers, dissented in favor of a half-percentage-point cut

EU Commission moves to suspend Israeli trade benefits over Gaza conflict

EU foreign policy chief Kaja Kallas also proposed a package of sanctions on two Israeli ministers, as well as "violent" Israeli settlers and 10 senior members of Palestinian militant group Hamas

King Charles III welcomes Trump at Windsor as US president begins UK visit

Prince William and his wife Catherine were on hand to meet the president and first lady Melania Trump, walking them over to be greeted by the king and Queen Camilla

US at inflection point after Kirk's killing, Trump divided country: Obama

The sentiment among Trump and his aides following Kirk's killing of calling political opponents 'vermin, enemies... speaks to a broader problem,' Obama said

AI to boost trade by nearly 40% by 2040 if gaps are bridged: WTO report

WTO Director-General Ngozi Okonjo-Iweala said artificial intelligence has vast potential to lower trade costs and boost productivity

Nestle chairman Paul Bulcke to step down days after CEO dismissal

Bulcke will be succeeded by Vice Chairman Pablo Isla, effective October 1. Bulcke was earlier supposed to hand over the reins to Isla in April 2026

China tells technology companies to stop buying Nvidia's AI chips

"We can only be in service of a market if a country wants us to be," Huang said at a press conference in London, in response to a question about the CAC

iPhone maker Foxconn among over 100 companies to participate in Taiwan Expo

It has become a vital platform for Taiwanese companies to expand in India, with both sides already achieving results in areas such as semiconductors, electronics manufacturing, ICT and smart machinery