Obama To Sign First Overhaul Of Toxic Chemical Rules In 40 Years
In a rare moment of cooperation between the Republicans and the Democrats, President Barack Obama is set to sign the first overhaul of toxic chemical rules in 40 years.
Volkswagen To Face Shareholders’ Outrage At Annual Meeting Post Emissions Cheating Scandal
The German automaker is still dealing with the aftermath of its emissions cheating scandal that led to a 40 percent drop in its share price.
SoftBank President Nikesh Arora Steps Down, Masayoshi Son To Stay On
Arora, who had emerged as the Japanese investment giant’s heir apparent, announced his resignation two years after he joined the company from Google.
Japan’s Okinawa Sees Massive Protests Against US Military Bases After Woman’s Murder
People took to the streets of Okinawa Sunday to oppose the American military bases on the Japanese island, after a former Marine allegedly killed a woman there.
Al Jazeera Journalists Sentenced To Death By Egyptian Court For Espionage
An Egyptian court handed down its final ruling on 11 people who were accused of leaking national security documents to Al Jazeera and Qatar.
Raghuram Rajan, India’s Central Bank Governor, Not To Seek Second Term In Surprise Move
In a surprise move, Raghuram Rajan has decided to step down after his three-year term ends in September, becoming the first RBI governor since 1992 to do so.
Fantasy Sports Get A Boost As New York Lawmakers Vote To Legalize Games
The likes of FanDuel and DraftKings won a major legislative battle early Saturday as New York lawmakers moved to legalize the online games.
China Vanke Shells Out $6.9 Billion For Shenzhen Metro Unit Amid Hostile Takeover Rumors
Amid rumors of a hostile takeover, the mainland’s largest property developer by sales said it will acquire a unit of the state-owned subway operator.
Rio Declares Financial Emergency Ahead Of Olympics, Requests Federal Funding
As the Summer Olympics draws closer, the Brazilian city has declared a state of fiscal emergency and requested federal funding to avoid economic collapse.
IEX Group Inc. Gains SEC Approval To Launch National Stock Exchange
The U.S. Securities and Exchange Commission voted to certify IEX as America’s 13th national stock exchange, a move that is likely to draw ire from competitors.
European Union Extends Sanctions On Russia-annexed Crimea
The European Union’s ban on economic dealings with the Russia-annexed region of Crimea was set to end later this month.
Croatian President Holds Talks For New Cabinet After No-Confidence Vote Ousts Prime Minister
Kolinda Grabar-Kitarovic began consultations with parliamentary parties to form a new cabinet after Prime Minister Tihomir Oreskovic was ousted in a no-confidence vote.
Brazil’s Tourism Minister Steps Down Amid Allegations Of Corruption
Tourism Minister Henrique Eduardo Alves resigned Thursday after a short tenure marred by allegations of corruption that has also claimed the country’s planning and transparency ministers.
Wal-Mart Stores Inc. (WMT) Targets Increased Sales Of Up To $60 Billion By 2019
At the Consumer Goods Forum conference, CEO Doug McMillon also discussed the retailer’s increased opportunities in China despite the tough competition it faces from local firms.
China’s Uber Rival Didi Chuxing Raises $7.3 Billion In Latest Funding
The country’s biggest ride-hailing company now has about $10.5 billion in disposable funds compared to rival Uber’s $11 billion.
Turkey Opposes Expansion Of NATO’s Aegean Mission, Seeks To Counter Russia Instead
Ankara’s move comes even as the U.S. said Wednesday that a salvage ship would join the mission aimed at combating human smuggling in the Aegean Sea.
Airbnb Gets $1 Billion Debt Facility From Big US Banks: Reports
The debt deal for the online rental service was led by JPMorgan Chase, Citigroup, Bank of America and Morgan Stanley, reports said, citing sources.
Prince William Appears On The Cover Of Gay Magazine ‘Attitude’
The second-in-line to the British throne became the first member of the royal family to be on the cover of a gay publication by appearing on U.K. magazine “Attitude.”
China Bans Export Of Items With Possible Military Use To North Korea
Beijing will stop the export of technology and materials with potential military use to North Korea, in compliance with U.N. sanctions.
ASEAN Issues Tough Statement On South China Sea, Retracts Hours Later
The statement from the Association of Southeast Asian Nations was issued following a China-ASEAN meeting in the southern Chinese city of Yuxi.
European Union Top Envoy To Turkey Resigns Amid Tensions Over Refugee Deal
Hansjörg Haber resigned less than a year after he was appointed over issues “having to do with Turkey” amid tensions over the EU-Turkey refugee deal.
China Warns US On Visits By ‘Separatist’ Dalai Lama, Taiwanese President
The Tibetan spiritual leader is currently in the U.S. for a series of lectures and public talks, while the new Taiwan president is scheduled for stopover during her impending trip to Panama.
Donald Trump Revokes Washington Post’s Press Credentials, Cites ‘Inaccurate Coverage’
The Post is the latest news outlet to have its press credentials revoked by the presumptive GOP nominee after the Daily Beast, Politico, BuzzFeed and others.
US Urges UN Members To Protect LGBT Rights Post Orlando Massacre
Deputy U.S. Ambassador to the United Nations David Pressman urged the 193 member countries to not only condemn the Orlando shooting but also protect their LGBT communities.
Bernie Sanders To Meet Hillary Clinton, ‘Press Her To Embrace His Progressive Agenda’
Bernie Sanders said he will meet rival Hillary Clinton to understand her policies if she becomes president.
UN Sec Gen Touted As Leading Choice For South Korean Presidency, Says Survey
The current United Nations Secretary General remained ahead of other hopefuls in the race for next year’s South Korean presidential elections, according to a survey.
Brexit: EU President Says New Relations With UK Will Take 7 Years To Negotiate
EU President Donald Tusk said if Britain voted to leave the European Union, it would be not just an economic setback for the United Kingdom but also a geopolitical one.
Bangladesh Police Arrest Over 5,000 Amid Crackdown On Extremist Violence
The police said it had detained over 5,000 people in a countrywide security operation to combat increasing attacks on religious minorities and secular activists.
Syria Conflict: Besieged Town Of Daraya Bombed After Receiving First Food Aid In Four Years
Barrel bombs were dropped on the Syrian suburb of Daraya after it received its first food aid drop in four years, according to the local council.
South Korean Prosecutors Raid Lotte Group Headquarters Over Possible Corruption
The group faces allegations of embezzlement and malpractice less than a month after its hotel unit announced the world’s biggest IPO this year.