Google

US Justice Department Weighs Historic Antitrust Breakup of Google Amidst Monopolization Claims

The United States Justice Department (DOJ) told a federal judge on Tuesday that it is actively considering recommending the breakup of Google to alleviate the harms it claims have been caused by the company's monopolization of the online search market....
Israeli soldiers move shells, amid cross-border hostilities between Hezbollah and Israel, in northern Israel, October 7, 2024. REUTERS

Postponed US-Israeli Defense Talks: Rising Tensions with Iran and Internal Political Divides

The United States by Israeli Defense Minister Yoav Gallant has been postponed, signaling rising tensions not only between Israel and Iran but also within Israel’s own government. The trip, originally planned for Wednesday, was set to focus on strengthening cooperation...
Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong

Chinese Shares Fall Investors Curb Optimism on Economic Recovery: Broader Markets Hold Steady Amid Global Economic Uncertainty

Global financial markets witnessed a day of sharp fluctuations on Wednesday, with Chinese shares extending losses and commodity prices struggling to recover. Investors tempered their optimism over China's economic recovery following a lackluster performance from the mainland's stock markets. Meanwhile,...
Boeing

Boeing Withdraws Pay Offer Amid Strike by West Coast Factory Workers; No Further Negotiations Planned

Aerospace giant Boeing announced that it had officially withdrawn its pay offer to approximately 33,000 striking workers at its West Coast factories. These employees, represented by the International Association of Machinists and Aerospace Workers (IAM), have been on strike over...
Chinese Stocks Lead Asia Lower on Stimulus Concern Markets Wrap

Chinese Stocks Lead Asia Losses Amid Weak Economic Data and Limited Stimulus

Chinese stocks experienced a sharp selloff on Wednesday, triggered by disappointing economic data and uncertainty over Beijing’s commitment to further stimulus measures. The benchmark CSI 300 Index, which tracks the largest companies listed in Shanghai and Shenzhen, plunged as much...
Crude Oil

Oil Prices Plummet as China’s Lack of New Stimulus Sparks Market Decline

Global Crude Prices Fall Amid Disappointment Over China's Economic Plans, Middle East Tensions Loom Oil prices took a sharp plunge on Tuesday, with global benchmark Brent crude dropping as much as 5.6%, and West Texas Intermediate (WTI) retreating by as...
US

US Banks Kick Off Earnings Season Amid Fed Rate Uncertainty

As the third quarter earnings season begins, all eyes are on JPMorgan Chase and Wells Fargo, the first of the big banks set to report their earnings on Friday. Investors are keenly focused on how these financial giants will forecast...
U.S. Airlines Cancel Flights and Adjust Schedules as Florida Airports Brace for Hurricane Milton

U.S. Airlines Cancel Flights and Adjust Schedules as Florida Airports Brace for Hurricane Milton

Florida braces for widespread travel disruptions as Hurricane Milton nears landfall With Hurricane Milton inching closer to Florida’s Gulf Coast, major disruptions across the U.S. airline industry are beginning to unfold. As of Tuesday afternoon, airlines had canceled 696 flights...
Israeli soldiers move shells, amid cross-border hostilities between Hezbollah and Israel, in northern Israel, October 7, 2024. REUTERS

Hezbollah Rocket Barrage Intensifies Conflict on Israel-Lebanon Border

Hezbollah fired a barrage of rockets into northern Israel on Tuesday, targeting areas as far south as Haifa. This latest attack comes amidst rising tensions in the region, with both sides continuing to exchange strikes despite efforts to broker a...
ASEAN

Myanmar to Send Senior Official to ASEAN Summit Amidst Mounting Internal Struggles

The military government of Myanmar is set to send a high-ranking official to the upcoming Association of Southeast Asian Nations (ASEAN) leaders' summit in Laos, diplomatic sources revealed on Tuesday. The meeting, scheduled for Wednesday in Vientiane, marks a critical...
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