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International Business

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New EU rules prompt Meta to end election ad services by October
New EU rules prompt Meta to end election ad services by October

BRUSSELS, Belgium: Meta Platforms has announced it will stop running political, electoral, and social issue advertisements on its platforms...

CBUAE imposes financial sanction of AED10.7 million on exchange house
CBUAE imposes financial sanction of AED10.7 million on exchange house

ABU DHABI, 1st August, 2025 (WAM) -- The Central Bank of the UAE (CBUAE) imposed a financial sanction of AED10,700,000 on an exchange...

Bangladesh secures 20 percent tariff rate after final talks with US, Yunus says 'diplomatic victory'
Bangladesh secures 20 percent tariff rate after final talks with US, Yunus says 'diplomatic victory'

Dhaka [Bangladesh], August 1 (ANI): Bangladesh has secured a 20 percent tariff rate after final talks with the US -- comparable to...

ED raids call centres in Delhi for duping US citizens; Rs 100 crore foreign remittances under probe
ED raids call centres in Delhi for duping US citizens; Rs 100 crore foreign remittances under probe

New Delhi [India], August 1 (ANI): The Enforcement Directorate (ED) is carrying out search and seizure operations at three locations...

US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Bank
US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Bank

New Delhi [India], August 1 (ANI): The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased,...

Amazon paying NYT up to $25mn a year in AI deal WSJ
Amazon paying NYT up to $25mn a year in AI deal  WSJ

The landmark licensing agreement came amid legal battles over content use US tech giant Amazon is paying the New York Times between...

International

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Amid global outcry over Gaza, U.S. targets Palestinian officials
Amid global outcry over Gaza, U.S. targets Palestinian officials

The Trump administration moved Thursday to deny visas to Palestinian officials, accusing them of sabotaging peace efforts, a stark...

Powerful quake jolts Far East Russia, but no damage reported
Powerful quake jolts Far East Russia, but no damage reported

MOSCOW, Russia: One of the most powerful earthquakes ever recorded — measuring 8.8 in magnitude — struck off the remote coast of Russia's...

Vinay Prasad exits FDA after Elevidys drug controversy
Vinay Prasad exits FDA after Elevidys drug controversy

WASHINGTON, D.C.: Vinay Prasad, the chief medical and science officer at the U.S. Food and Drug Administration (FDA), has left the...

New rule redirects security aid to US immigration enforcement
New rule redirects security aid to US immigration enforcement

WASHINGTON, D.C.: The Federal Emergency Management Agency (FEMA) has introduced a new rule requiring states to dedicate a portion of...

Seoul scrambles to strike U.S. trade deal before August 1 deadline
Seoul scrambles to strike U.S. trade deal before August 1 deadline

SEOUL, South Korea: With just a day left before a critical August 1 deadline, South Korea is pulling out all the stops to strike a...

New Zealand introduces bill to ban prisoners from voting
New Zealand introduces bill to ban prisoners from voting

WELLINGTON, New Zealand: On July 29, the New Zealand government introduced a controversial bill that would restrict voting access by...