BUSINESS

Chinese property developer Kaisa has reached an agreement with creditors for partial repayment of its debt, the company said Tuesday, a positive development as it battles to avoid liquidation.

Barack Obama will hail Kamala Harris as the future of the Democratic Party on Tuesday as she is formally crowned its presidential nominee after a roller-coaster ride in US campaign politics.

Specialist divers on Tuesday launched a fresh search for six people, including UK tech tycoon Mike Lynch and the chairman of Morgan Stanley International, missing since their yacht capsized off the Italian island of Sicily.

The bid also covers a $400 million breakup fee, which would be necessary to terminate a competing agreement that Paramount Global had previously entered into.

If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armoury to bring online titans to heel.

Venezuelan opposition presidential candidate Edmundo Gonzalez Urrutia, who has claimed he defeated Nicolas Maduro in last month's election, said Monday he was ready to negotiate a transition -- and asked the incumbent to "step aside."

Specialist Italian divers on Tuesday launched a fresh search for six people, including UK tech tycoon Mike Lynch and his teenage daughter, missing since their yacht capsized off Sicily.

It was the hero's send-off he had hoped to defer for another four years but when it came, any lingering bitterness seemed forgotten for a cathartic hour as Joe Biden basked in the adulation of his party faithful.

Half a day's drive from India's entertainment capital Mumbai, many in the struggling textile city of Malegaon escape the thrum of dawn-till-dusk industrial weaving looms by daydreaming about Bollywood stars.

Asian investors trod carefully Tuesday after the latest bounce in optimism fuelled by hopes Federal Reserve boss Jerome Powell will signal an interest rate cut in a highly anticipated speech to top central bankers this week.

Juventus made light work of Como on Monday with a 3-0 win on Thiago Motta's Serie A debut with the Turin giants, while Atalanta brushed aside transfer upheaval with a 4-0 thumping of Lecce.

Donald Trump shared doctored images showing Taylor Swift and her fans supporting his presidential campaign, in an apparent effort to tap into the pop singer's mega star power in the US election.

Iran was behind a recent hack targeting Donald Trump's presidential campaign, US security agencies said on Monday, accusing Tehran of seeking to influence the 2024 election.

US regulators said Monday they ordered inspections of pilot seats on hundreds of Boeing 787 planes following a March flight in which the plane's sudden plunge led to passenger injuries.

General Motors has decided to lay off more than 1,000 salaried employees who were working in the software and services division.

The U.S. and China have decided to work together on their respective economic benefits by signing an agreement that would allow the countries to cooperate in terms of their financial stability.

The recall includes three products: two types of chicken nuggets and one type of chicken tenders. The affected nuggets are Butcher Box Organic Chicken Breast Nuggets and Perdue Simply Smart Organics Breaded Chicken Breast Nuggets.

Divers searched off the Italian island of Sicily Monday for six people missing after a superyacht sank during a sudden storm, killing at least one person, officials said.

The Kenyan government plans to raise about $1.2 billion by reinstating some unpopular taxes contained in a finance bill that was scrapped in the face of deadly street protests, a government minister said.

Indian Prime Minister Narendra Modi will visit Ukraine, the foreign ministry said Monday, weeks after Kyiv condemned him for hugging President Vladimir Putin during a visit to traditional ally Russia.

US President Joe Biden will give a bittersweet farewell address at the Democratic National Convention in Chicago on Monday, passing the torch to Kamala Harris as the party's nominee for November's election.

For 17 years, Edita Burgos has looked inside body bags, visited military camps, led street protests, and filed court cases in a desperate search for her missing son Jonas.

Ringed by once-free beaches and green parks, Hungary's Lake Balaton has delighted generations of holidaymakers -- but now, locals warn, private developers are fencing off the sandy bays for rich visitors, with the nationalist government's blessing.

Chinese and Philippine vessels collided on Monday during a confrontation near a disputed shoal in the South China Sea, the two countries said.

Social media platform says shutdown 'effective immediately' but Brazilian users will still have access to X.

Kamala Harris takes her surging US presidential campaign on a battleground bus tour Sunday, before heading to the Democratic National Convention for a star turn that will be shadowed by protests against Israel's war in Gaza.

Hurricane Ernesto lashed Bermuda with heavy rains and strong winds Saturday, leaving much of the British Atlantic Ocean territory without power before continuing on its path toward eastern Canada.

Ukrainian President Volodymyr Zelensky said Saturday his forces were "strengthening" their positions in Russia's Kursk region, where Kyiv has been mounting a major ground offensive for more than 11 days.

Republican Donald Trump will hold a rally in Pennsylvania on Saturday, followed closely by Kamala Harris taking a bus tour through the crucial battleground state ahead of her big moment at the Democratic National Convention.