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International Business

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Persson family steps up H&M share purchases, sparks buyout talk
Persson family steps up H&M share purchases, sparks buyout talk

LONDON/STOCKHOLM:  The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...

Shell rejects claim of early merger talks with BP
Shell rejects claim of early merger talks with BP

LONDON, U.K.: British oil giant Shell has denied reports that it is in talks to acquire rival oil company BP. The Wall Street Journal...

Trump-backed crypto project gets $100 million boost from UAE fund
Trump-backed crypto project gets $100 million boost from UAE fund

LONDON, U.K.: A little-known investment fund based in the United Arab Emirates has emerged as the most prominent public backer of U.S....

Australian PM rejects US pressure to ease biosecurity rules
Australian PM rejects US pressure to ease biosecurity rules

SYDNEY, Australia: Australia will not ease its strict biosecurity rules during trade talks with the United States, Prime Minister Anthony...

Microsoft to lay off nearly 4% of its workforce
Microsoft to lay off nearly 4% of its workforce

Washington DC [US], July 3 (ANI): American tech giant Microsoft will lay off nearly 9,000 employees, about 4 per cent of its workforce...

India-UK FTA not only boost exports but also boost economy through higher remittances and domestic spending: Report
India-UK FTA not only boost exports but also boost economy through higher remittances and domestic spending: Report

New Delhi [India], July 3 (ANI): The recently finalised free-trade agreement (FTA) between India and the United Kingdom (UK) will not...

Mediterranean

Section
Turkey, France battle wildfires amid early Europe heatwave
Turkey, France battle wildfires amid early Europe heatwave

ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...

Apple allows outside payment links under EU pressure
Apple allows outside payment links under EU pressure

SAN FRANCISCO, California: Under pressure from European regulators, Apple has revamped its App Store policies in the EU, introducing...

Italy adapts to extreme weather as European heatwave continues
Italy adapts to extreme weather as European heatwave continues

According to climatologist Marcello Miglietta, research director at Italy's Institute of Atmospheric Sciences and Climate (ISAC-CNR),...

Kremlin aide reveals details of Putin-Trump call
Kremlin aide reveals details of Putin-Trump call

The sixth conversation between the leaders went on for almost an hour Russian President Vladimir Putin and his US counterpart Donald...

ITALY-HEATWAVE
ITALY-HEATWAVE

(250703) -- ROME, July 3, 2025 (Xinhua) -- Tourists wait on Piazza del Campo with parasols in Siena, Italy, July 2, 2025. TO GO WITH...

UAE participates in 4th International Conference on Financing for Development in Spain
UAE participates in 4th International Conference on Financing for Development in Spain

SEVILLE, Spain, 3rd July, 2025 (WAM) -- Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, participated...

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