BUSINESS

The first time billionaire investor Daniel Loeb began pushing for change at the Walt Disney Co, he got his wish.

Western companies with iconic brands like Coca-Cola that exit Russia face years of battling knockoffs and unauthorized imports clamoring to fill the void they leave behind, a risky bid as courts show little sympathy for firms that depart.

China reconnects nuclear reactor after shutdown due to damage

German chancellor Olaf Scholz faces lawmakers' questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into the scheme threatens to undermine him as he grapples with an energy crisis and the fallout of war.

China's central bank is set to take more easing steps, pressured by a shaky economy that is undercutting jobs, but it faces limited room to manoeuvre due to worries over rising inflation and capital flight, policy insiders and analysts said.

Boeing Co> <BA.N and Northrop Grumman are joining a White House-backed compact to help smaller U.S.-based suppliers increase the use of 3D printing and other advanced manufacturing technologies.

South Korean founder of failed Terra coin admits he was 'wrong'

Norway's sovereign wealth fund, the world's largest, made a loss of 1.68 trillion Norwegian crowns ($174 billion) in the first half of 2022, it said on Wednesday, as stocks and bonds were hit by global recession fears and rampant price inflation.

Tokyo Olympics exec arrested over bribery allegations

Jihadists spread from the Sahel to coastal West Africa

New Zealand Rugby stick with Foster as All Blacks coach

Plans for a high-wage, high-growth economy lie in ruins as Britain's Conservative prime minister struggles to answer a cost-of-living crisis, compounded by rising worker unrest.

Asian markets fluctuate as traders weigh economic outlook

Journalist found dead in northwest Mexico

Australian wage growth rose at the fastest pace in almost eight years last quarter as red-hot demand for labour drove unemployment to generational lows, yet pay gains still missed forecasts and lagged badly behind inflation.

Japan's imports jumped to a record amount in July, boosted by global fuel inflation and a weak yen, outweighing exports and deepening the trade deficit, in a sign of a further worsening in the terms of trade for the export-oriented economy.

One allergic reaction has been reported.

'Higuita's Rule' cut time wasting and, after 30 years, is still changing football

'Das Boot' director Wolfgang Petersen dead at 81

The U.S. and Mexican governments have resolved a labor dispute at a Mexican unit of Stellantis, officials said on Tuesday, marking the latest blow by a recent trade pact against entrenched unions seen as cozy with management.

Amazon will be adding a holiday fee for its e-commerce sellers who use its "Fulfillment by Amazon" program to cover costs during the extra demand.

Cloud and data centers, the chip industry's strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices.

Amazon.com Inc confirmed that the Federal Trade Commission (FTC) has been investigating sign-up and cancellation processes for its Prime program since March 2021

President Joe Biden on Tuesday signed into law a $430 billion bill that is seen as the biggest climate package in U.S.

Brazil Potash, the Canadian firm planning to build Latin America's largest potash mine in the Amazon rainforest, is willing to employ local Mura indigenous people as it seeks their backing for the sensitive project, the company said in an interview on Monday.

The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify the Fed beforehand and make sure whatever they do is legally permitted.

Boom says that it will be able to have flights from Miami to London in less than five hours, which usually takes about nine hours.

Procter & Gamble Co will take steps aimed at reducing potential harm to forests from its purchases of wood pulp for toilet paper and other consumer goods, after being pressured by environmentalists and investors for more sweeping changes.

GM has recalled over 485,000 SUVs due to a faulty seatbelt issue that could cause injury to passengers during a crash.