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Business

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Nasdaq Composite edges up 114 points in cautious start to week
Nasdaq Composite edges up 114 points in cautious start to week

NEW YORK, New York - Major U.S. stock markets closed on a cautious but positive note on Monday, with technology shares powering the...

UMG board says Ackman offer undervalues company
UMG board says Ackman offer undervalues company

AMSTERDAM, Netherlands: Universal Music Group has rejected an unsolicited takeover proposal from billionaire investor Bill Ackman's...

Pizza Hut sale discussions advance with private equity firm
Pizza Hut sale discussions advance with private equity firm

LOUISVILLE, Kentucky: Yum Brands is in exclusive negotiations to sell its Pizza Hut business to private-equity firm LongRange Capital,...

Microsoft, Nvidia to unveil Arm-based Windows computers
Microsoft, Nvidia to unveil Arm-based Windows computers

SAN FRANCISCO, California: Microsoft and Nvidia are expected to unveil the first Windows personal computers powered by Nvidia-designed...

Beijing broadens digital yuan use in payments and trade
Beijing broadens digital yuan use in payments and trade

BEIJING, China: China is stepping up efforts to expand the use of its digital yuan both domestically and internationally, according...

Meta employee monitoring project sparks GDPR concerns
Meta employee monitoring project sparks GDPR concerns

NEW YORK CITY, New York: Meta's effort to train artificial intelligence systems using detailed records of employee computer activity...

United Kingdom

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AUKUS nations to partner on unmanned undersea vehicles by 2027
AUKUS nations to partner on unmanned undersea vehicles by 2027

SINGAPORE: The United States, the United Kingdom, and Australia are working together to build unmanned underwater vehicles under their...

Temu hit with massive EU fine over hazardous goods
Temu hit with massive EU fine over hazardous goods

LONDON, UK: Chinese online retailer Temu has been fined 200 million euros (US$232 million) by the European Union after regulators found...

Hong Kong becomes world’s largest offshore wealth center
Hong Kong becomes world’s largest offshore wealth center

ZURICH/HONG KONG: Hong Kong has surpassed Switzerland to become the world's largest center for cross-border wealth management, driven...

Russia accuses France and the UK of piracy over cargo ship seizure
Russia accuses France and the UK of piracy over cargo ship seizure

The vessel was unlawfully diverted from international waters, according to Russias Foreign Ministry Moscow accused France and the...

UK Trade Secretary Peter Kyle to visit India on June 2 to fast-track FTA implementation
UK Trade Secretary Peter Kyle to visit India on June 2 to fast-track FTA implementation

New Delhi [India], June 1 (ANI): UK Business and Trade Secretary Peter Kyle will visit New Delhi this week to hold discussions with...

Comeback time: Serena Williams playing doubles in London
Comeback time: Serena Williams playing doubles in London

(Photo credit: Susan Mullane-Imagn Images) The queen will begin her comeback at The Queen's Club in London when Serena Williams competes...

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