BUSINESS

One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their latest designs and high-tech accessories to consumers in the fiercely competitive market.

Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in New York and Idaho, the White House said Thursday.

The South Korean agency behind K-pop sensation BTS said Thursday it will file a legal complaint against its powerhouse subsidiary's head for allegedly orchestrating a plan to break away from the parent company.

Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report.

Australian mining giant BHP confirmed on Thursday a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector.

After fleeing famine in North Korea, Kim Cheol Ok laid low in China for decades -- until a doomed run for freedom got her sent back to her repressive homeland, her family says.

Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed some investments, according to results released Wednesday.

Asian equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning that it will spend far more than expected this year fuelling worries that the latest tech-led rally may have gone too far.

US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences "responsibly" as he went on a charm offensive ahead of expected tough talks.

Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance by Maryland's state governor and celebrity chef Jose Andres at an urban farm.

Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.

The United States is the first to acknowledge that its long-awaited $61 billion aid package for Ukraine is not a "silver bullet."

US far-right conspiracy website Gateway Pundit is filing for bankruptcy, its founder said Wednesday, as it battles a string of lawsuits alleging it promoted misinformation related to the 2020 election.

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps.

An uneasy truce was in place between pro-Palestinian student demonstrators and officials at New York's Columbia University Wednesday, after a deadline to forcibly disperse their protest encampment expired.

French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation following its recent takeover led by Czech billionaire Daniel Kretinsky.

Hundreds of flights were cancelled at French airports Thursday despite the country's main air traffic controllers' union dropping a call for a one-day strike after making a deal for higher pay.

TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it is controlled by the China government.

TikTok on Wednesday announced the suspension of a feature in its spinoff TikTok Lite app in France and Spain that rewards users for watching and liking videos, after the European Union launched a probe.

Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.

Germany's far-right AfD fought Wednesday to draw a line under Chinese spying allegations, the latest in a slew of scandals to hit the anti-immigration party in a key election year.

Spanish Prime Minister Pedro Sanchez was under pressure to give answers Wednesday after a court said it had opened an investigation into his wife Begona Gomez on suspicion of graft.

Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief executive of Capital A, the firm said Wednesday, after the board persuaded him to delay his planned retirement.

In a statement, the AGCM said the option to set up regular purchases was "pre-selected by default" on a wide selection of products listed on Amazon's Italian website.

Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and couldn't guarantee the same growth for the rest of the year.

Brussels fears China is favoring local suppliers and, in the journal, the EU provided the different ways this could be happening including the "Buy China" policy.

Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform into a smartphone camera as they learn how to sell the clothes to overseas TikTok users.

US Secretary of State Antony Blinken was due in China on Wednesday as the United States ramps up pressure on its main rival over its support for Russia, while seeking to manage tensions between the two powers.

Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of which will be steering business with China as semiconductors become a geopolitical battleground.