The US Department of the Treasury and the IRS have finalized regulations requiring brokers of cryptocurrency assets to report gross proceeds from sales starting in 2026.
Regions
Turkey Extends Social Media Restrictions Amid Anti-Syrian Riots
Social media platforms remain inaccessible for a second day in central Turkey and parts of the south due to ongoing anti-Syrian riots, prompting residents to rely on VPN services to access popular sites amidst the unrest.
China Forms New State Body to Find Oil and Gas Reserves Deep Underground
China has established a new entity that combines national oil producers and state firms to look for ultra-deep oil and gas reserves.
China's UN Envoy Criticizes US AI Investment Restrictions as Divisive
China's UN envoy criticized the United States' recent draft rules targeting investments in artificial intelligence and other tech sectors in China.
CDK Global Predicts Full System Restoration by July 4 Following Cyberattacks
CDK Global, the software provider for around 15,000 North American car dealerships, expects to fully restore its systems by July 4 after cyberattacks forced them offline for days.
Latest News
Walmart Canada has deployed its first hydrogen fuel cell-powered Nikola Tre truck, becoming the first major retail chain in North America to introduce a hydrogen fuel cell electric semi truck to its fleet.
The World Bank's board of directors has approved $1.25 billion in loans to support two Philippine government projects focused on ensuring safe and resilient schools and bolstering economic recovery.
Greenaction for Health and Environmental Justice has filed a federal lawsuit accusing the US Navy and the Environmental Protection Agency of egregious violations in their oversight of radioactive waste removal at the San Francisco Shipyard.
Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports.
The New York Times has issued a scathing editorial suggesting that President Biden should consider withdrawing from the presidential race, citing concerns over his recent debate performance and questioning his ability to challenge Donald Trump effectively.
The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on competition.
More than a week after cyberattacks forced CDK Global to shut down its systems, disrupting operations for thousands of car dealerships, the software provider is in the process of restoring its applications.
A 31-year-old Japanese woman was arrested for allegedly killing her parents to take over their restaurant business.
A Metropolitan Police officer has been charged after allegedly stealing money from a dead man in north London.
