BUSINESS

Former US President and 2024 presidential nominee Donald Trump speaks during a campaign rally with US Senator and vice presidential nominee J.D. Vance at Van Andel Arena in Grand Rapids, Michigan, on July 20, 2024

Key Senator Urges Biden To Step Aside As Polls Show Trump Rise

An influential US senator on Sunday joined calls for President Joe Biden to end his candidacy in favor of a younger Democrat, while a shock poll from the swing state of Michigan illustrated the growing sense that he will lose to Donald Trump if he stays in the race.
Analysts forecast double-digit growth for companies such as Microsoft, driven by artifical intelligence

All Eyes On AI To Drive Big Tech Earnings

Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the major investments AI requires are sustainable for the long haul.
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Travelers wait in line at the airport in Los Angeles, California on July 19, 2024 following a global IT crash that hobbled airlines, banks, broadcasters and other businesses

Conspiracy Theories Take Off After Global IT Crash

From fearmongering about a looming "World War III" to false narratives linking a cabal of global elite to a cyberattack, a torrent of online conspiracy theories took off Friday after a major IT crash.
A potential takeover of Everton has fallen through

Everton Takeover Talks Called Off

Led by US billionaire Dan Friedkin, the group entered a period of exclusivity to negotiate a possible purchase on June 21. However, the Goodison Park outfit said on Friday that no deal had been struck between Friedkin and the club's majority owner Farhad Moshiri.
A large-scale outage wrought havoc on IT systems, causing travel delays at Sydney Airport

'Large-scale' IT Outage Hits Companies Worldwide

A major outage wrought havoc on global computer systems on Friday, grounding flights in the United States, derailing television broadcasts in the UK and impacting telecommunications in Australia.
The world's leading streaming video service said it ended the April-to-June period with a total of 277.7 million subscribers

Netflix Wins Subscribers As Ad Strategy Pays Off

Netflix on Thursday said it added eight million new subscribers in the second quarter, as the home of hit shows "The Crown" and "Bridgerton" posted its latest financial earnings that exceeded analyst expectations.
Police blocked off the area near a Louis Vuitton store after the violence

Man Shot By Police After Knifing Officer In Paris

Police shot and seriously wounded a man who injured an officer with a knife near the famed Champs-Elysees avenue in Olympic host city Paris on Thursday, police sources told AFP. Police said a terrorist motive was not suspected, but the violence added to tensions as Paris prepares to host the Olympic Games from July 26.

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