BUSINESS

Facebook parent Meta on Wednesday beat market expectations for quarterly earnings powered by a reviving digital ad business.

The International Seabed Authority has delayed the release of regulations for deep-sea mining until 2025. Deep-sea mining may be the future of raw material gathering.

Airbus and Boeing both stepped up deliveries of commercial aircraft in the first half of this year, boosting revenue as they strive to ramp up production to meet demand from airlines.

US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles.

Boeing reported a $149 million second-quarter loss Wednesday following delays and cost issues in its defense and space program, but shares rallied on increased commercial jet deliveries.

Mass protests and strikes rocked Israel this week in the face of the hard-right government's decision to push through a controversial legal reform weakening the powers of the Supreme Court.

Internet privacy company Proton announced Wednesday a new VPN Observatory, tracking demand for its services to detect attacks on free speech in countries like Russia and Iran before they hit the headlines.

Major stock markets mostly retreated Wednesday as a China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more US rate hikes before the end of the year.

"The Byju's crisis does impact India's image as an investment destination so the Indian Government and StartUp ecosystem needs to take strong measures to make sure that it does not occur again, for this there need to be strong checks and balances at key institutional bodies like the MCA (RoC)," StartUp Consulting India founder Vivek Bhojwani told International Business Times.

The star of Britain's crown jewels, the Koh-i-Noor diamond, is back on view after a notable absence from Charles III's coronation that highlighted the nation's awkward ties with its colonial past.

The chief executive of Britain's NatWest bank, Alison Rose, stepped down Wednesday after admitting a "serious error of judgment" in speaking to a reporter about the banking affairs of arch-Brexiteer Nigel Farage.

One sailor died and several others were injured after a fire broke out on a car carrier ship off the Netherlands on Wednesday, the Dutch coastguard said.

The US Federal Reserve announced a fresh quarter percentage-point hike to its benchmark lending rate on Wednesday to tackle inflation, while keeping the option open for more such moves in the coming months.

North Korea rolled out the red carpet for the Russian defence minister, state media said Wednesday, with delegations from Moscow and Beijing set to attend Korean War anniversary events, the country's first known foreign visitors since its pandemic border closure.

French chef Renaud Dutel never thought his career would take him to the United Arab Emirates' glam hub of Dubai, but has found there a culinary capital in the making.

Asian markets were mixed Wednesday as the previous day's China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more rate hikes before the end of the year.

When they started to unionize, Amazon tried to get rid of them. But barely a week before they formally unionized, Amazon announced the cancellation of BTS's contract.

The US Department of Education has opened a civil rights investigation into Harvard University's policy of giving family members of former students and donors preference in admissions decisions, documents showed Tuesday.

A former US Marine who spent more than two years in a Russian prison was injured fighting in Ukraine, the State Department confirmed Tuesday.

Tech titans Google and Microsoft announced better then expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.

The Teamsters union and UPS shipping announced Tuesday that the two sides had reached a tentative agreement on a five-year contract that would avert a crippling strike across the United States.

UPS and its labor union, the International Brotherhood of Teamsters, avoided a strike by reaching a new agreement on Tuesday.

Covered in tattoos resembling jaguar spots, an Indigenous man connects to TikTok for the very first time from a previously off-the-grid village deep in the Amazon.

China's foreign minister Qin Gang was removed from office on Tuesday, state media reported, after disappearing from the public eye for a month with little explanation from the ruling Communist Party.

General Motors lifted its full-year forecast following another strong quarter on Tuesday as it girds for difficult labor negotiations and questions about demand for its growing electric vehicle business.

Ever since Wagner founder Yevgeny Prigozhin staged a mutiny in Russia last month, questions have been raised over the future of his group in Africa, the cradle of its wealth and notoriety.

Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.

The first giant panda to have been born in France received an emotional send-off on Tuesday as he left his French zoo ahead of the long haul flight back to his ancestral China.

Karina, a seven-year-old war orphan who lives in Kyiv with her aunt, has vivid memories of life before her parents were killed fleeing invading Russian forces.