Nestlé Terminates CEO Laurent Freixe After Rule-Breaking Relationship Surfaces
Nestlé fires CEO Laurent Freixe over undisclosed relationship with a subordinate, appoints Philipp Navratil as his replacement.
Amazon Backs New Zealand Economy With $4.4B Data Center Spend
Amazon launches $4.4B data center project in New Zealand, boosting jobs and digital infrastructure.
Novo Nordisk's Wegovy Delivers Positive Heart Results Amid Sales Struggles
Novo Nordisk's Wegovy shows a 57% lower risk of heart attack and stroke in new study, boosting its edge over Eli Lilly.
Drugmakers Warn Trump's Import Tariffs Could Trigger Shortages In US
Drugmakers warn Trump's proposed tariffs on imported medicines could raise prices and cause shortages across the U.S.
Editor's Pick
Donald Trump Defends Tariffs After Court Ruling: 'Without Them, America Is Destroyed'
Donald Trump defends his tariff policy after a court ruling, warning that removing tariffs would "completely destroy" America.
SkyWest Airlines Flight Rerouted After Turbulence Leaves Passengers Hurt
SkyWest Flight 5971 was diverted to Austin after severe turbulence injured two passengers, prompting an emergency landing.
US Consumer Tech Spending Rises In July Despite Inflation, Tariff Concerns
American consumers kept spending in July despite rising inflation, but looming tariffs and slower growth could test household resilience in the months ahead.
Investors
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Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
China Retaliates Against Canada With Hefty Tariffs On Key Exports
China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
Meta Bans Russia State Media Amid Growing Concerns Over Propaganda: Here's How Kremlin Responds
Deals
Funding
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
China Launches $138B High-Tech Fund to Boost AI, Emerging Industries
China launches a $138 billion fund to boost innovation in AI, quantum technology, and emerging industries over the next 20 years.
People
Protests Against Elon Musk Encourages the Public to Take Part in the 'Tesla Takedown' Movement
Protests erupted over the weekend outside many Tesla showrooms around the world against Elon Musk and his involvement in government.
Former Airline Employee Admits to Secretly Filming Children on Flights
Former flight attendant pleads guilty to secretly filming children on flights, facing up to 20 years in prison for child exploitation.
6 Facts You Probably Didn't Know About OpenAI CEO Sam Altman
Best known as the OpenAI CEO, Sam Altman has been in the headlines as of late due to his feud with SpaceX CEO Elon Musk.
