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Business

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Boots owners weigh sale as London IPO plans fade
Boots owners weigh sale as London IPO plans fade

LONDON, U.K.: British retailer Boots is discussing a potential $10 billion (£7.5 billion) sale with prospective buyers, a move that...

Existing home sales jump as buyers return to housing market
Existing home sales jump as buyers return to housing market

WASHINGTON, D.C.: Sales of previously owned homes in the United States rose to their strongest pace of the year in May, signaling renewed...

Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%
Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%

NEW YORK, New York - U.S. stocks tumbled on Wednesday as the latest CPI reading showed inflation in the United States has surged to...

OpenAI joins Anthropic in move toward blockbuster IPO
OpenAI joins Anthropic in move toward blockbuster IPO

SAN FRANCISCO, California: OpenAI has confidentially filed for a U.S. initial public offering, becoming the latest artificial intelligence...

Meta told to give competing AI chatbots WhatsApp access
Meta told to give competing AI chatbots WhatsApp access

BRUSSELS, Belgium: European Union regulators have ordered Meta Platforms to restore access to WhatsApp for competing artificial intelligence...

Amazon backs US fiber optics expansion with Corning pact
Amazon backs US fiber optics expansion with Corning pact

SEATTLE, Washington: Amazon has signed a multi-billion-dollar agreement with Corning aimed at expanding U.S. production of optical...

China

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Learn from Ukraine, Gulf wars on defense spending, Taiwan advised
Learn from Ukraine, Gulf wars on defense spending, Taiwan advised

TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...

EU weighs supply chain diversification requirements
EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

CHINA-ZHANG GUOQING-WORLD CONVERGENCE SUMMIT FOR GROWTH (CN)
CHINA-ZHANG GUOQING-WORLD CONVERGENCE SUMMIT FOR GROWTH (CN)

(260611) -- BEIJING, June 11, 2026 (Xinhua) -- Chinese Vice Premier Zhang Guoqing, also a member of the Political Bureau of the Communist...

CAMBODIA-PURSAT-CHINESE-BUILT BRIDGE
CAMBODIA-PURSAT-CHINESE-BUILT BRIDGE

(260611) -- PURSAT, June 11, 2026 (Xinhua) -- A pick-up truck runs on the Techo Santepheap Russei Chrum Bridge in Pursat province,...

ETHIOPIA-ADDIS ABABA-CHINESE LANGUAGE EDUCATION-COOPERATION AGREEMENT
ETHIOPIA-ADDIS ABABA-CHINESE LANGUAGE EDUCATION-COOPERATION AGREEMENT

(260611) -- ADDIS ABABA, June 11, 2026 (Xinhua) -- Chen Hai (2nd R), Chinese ambassador to Ethiopia, and Kindeya Gebrehiwot (1st R),...

Cultural heritage fuels tourism boom in east China county
Cultural heritage fuels tourism boom in east China county

HEFEI, June 11 (Xinhua) -- As dusk settles over Huizhou Ancient City in Huangshan, east China's Anhui Province, processions carrying...

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