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Powerful quake jolts Far East Russia, but no damage reported
Powerful quake jolts Far East Russia, but no damage reported

MOSCOW, Russia: One of the most powerful earthquakes ever recorded — measuring 8.8 in magnitude — struck off the remote coast of Russia's...

Nvidia restarts H20 chip orders for China amid export license wait
Nvidia restarts H20 chip orders for China amid export license wait

BEIJING/SHANGHAI/NEW YORK: Nvidia has placed an order for 300,000 more H20 chips with contract manufacturer TSMC, two sources told...

Hutchison may add COSCO to ease China's concerns on ports sale
Hutchison may add COSCO to ease China's concerns on ports sale

HONG KONG: CK Hutchison is exploring the inclusion of a major Chinese investor in the proposed US$22.8 billion sale of its global ports...

Marc Jacobs could soon be sold as LVMH explores offloading
Marc Jacobs could soon be sold as LVMH explores offloading

NEW YORK CITY, New York: Marc Jacobs, once a crown jewel in LVMH's fashion portfolio, may soon find a new home. The French luxury conglomerate...

Taiwan records Chinese military activity around its territory
Taiwan records Chinese military activity around its territory

Taipei [Taiwan], August 3 (ANI): Taiwan's Ministry of National Defence (MND) said that on Sunday, it observed the sorties of five PLA...

Heres why the EU keeps losing to China
Heres why the EU keeps losing to China

The summit Brussels-Beijing economic summit spotlighted the blocs mounting strategic confusion and accelerating drift toward isolation...

Business

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US chocolate makers hit as tariffs benefit Canadian rivals
US chocolate makers hit as tariffs benefit Canadian rivals

LONDON/NEW YORK: U.S. President Donald Trump's tariffs are designed to strengthen domestic manufacturing. But in the chocolate industry,...

Luxury carmakers hike prices, brace for 15% US tariff
Luxury carmakers hike prices, brace for 15% US tariff

BERLIN, Germany: Luxury car brands Porsche and Aston Martin have raised vehicle prices in the U.S., as European carmakers brace for...

Additional US levy targets India’s Russian oil deals
Additional US levy targets India’s Russian oil deals

WASHINGTON, D.C.: U.S. President Donald Trump declared on July 30 that his administration will impose a 25 percent tariff on imports...

U.S. stocks finish well in red Friday as job numbers dive
U.S. stocks finish well in red Friday as job numbers dive

NEW YORK, New York - The latest jobs report, coupled with the disclosure of President Donald Trump's new tariffs rattled stock markets...

Trump gets tariffs, shoppers get price hikes at the register
Trump gets tariffs, shoppers get price hikes at the register

WASHINGTON, D.C.: President Donald Trump's tariff policy is now taking effect, and many companies are signaling who will absorb the...

US tariffs push luxury labels to rethink pricing power, strategy
US tariffs push luxury labels to rethink pricing power, strategy

PARIS/NEW YORK: Luxury brands are walking a tightrope in the U.S. after fresh tariffs threatened to squeeze profits at a time when...