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Business

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Russia among 4 systemic risk countries for Italian banks
Russia among 4 systemic risk countries for Italian banks

MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...

US debt limit raised, but spending bill fuels fiscal concerns
US debt limit raised, but spending bill fuels fiscal concerns

NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...

Shein hit with 40 million euro fine in France over deceptive discounts
Shein hit with 40 million euro fine in France over deceptive discounts

PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...

Meta hires SSI CEO Gross as AI race intensifies among tech giants
Meta hires SSI CEO Gross as AI race intensifies among tech giants

PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...

Engine defect prompts Nissan to recall over 443,000 vehicles
Engine defect prompts Nissan to recall over 443,000 vehicles

FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...

Microsoft trims jobs to manage soaring AI infrastructure costs
Microsoft trims jobs to manage soaring AI infrastructure costs

REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...

World

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US debt limit raised, but spending bill fuels fiscal concerns
US debt limit raised, but spending bill fuels fiscal concerns

NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...

Experts praise China's ecological progress at Eco Forum Global
Experts praise China's ecological progress at Eco Forum Global

GUIYANG, July 7 (Xinhua) -- International experts attending the Eco Forum Global Guiyang 2025 have praised China's progress in ecological...

Daily World Briefing, July 7
Daily World Briefing, July 7

China ready to promote flagship Belt and Road project, boost trade, investment with Ethiopia -- Premier Li China stands ready to...

BRICS welcomes Indonesia as member, and 10 partner countries, including Belarus, Malaysia
BRICS welcomes Indonesia as member, and 10 partner countries, including Belarus, Malaysia

Rio de Janeiro [Brazil], July 7 (ANI): Leaders of the BRICS nations welcomed Indonesia as a member of the group, while 10 nations,...

"Perception of technique, people changes after every match, series...": Gill following historic Birmingham masterclass
"Perception of technique, people changes after every match, series...": Gill following historic Birmingham masterclass

Birmingham [UK], July 7 (ANI): Following a historic outing with the bat at Birmingham, Indian skipper Shubman Gill reflected on changes...

"We welcome India's Candidacy to host COP 33 in 2028": BRICS declaration
"We welcome India's Candidacy to host COP 33 in 2028": BRICS declaration

Rio de Janeiro [Brazil], July 7 (ANI): Leaders of the BRICS nations have welcomed India's candidacy to host the 33rd Conference of...

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