A light aircraft crash into Beijing’s tallest building on Friday killed the pilot and injured 13 people who were not on board, the local government said following the unusual accident for the Chinese capital, where airspace is heavily restricted.
Category: News
GameStop pledged on Friday to pursue its proposed takeover of eBay , even after the e-commerce firm rejected an unsolicited cash-and-stock offer of about $56 billion from the videogame retailer.
Iran said it struck targets linked to U.S. forces on Saturday in response to U.S. airstrikes on its southern coast, as each side continued to accuse the other of violating last week’s agreement meant to end the four-month-old war.
As France sweltered under one of the worst heatwaves ever recorded this week, city dwellers scrambled for any escape they could find, with many checking into hotels to benefit from air conditioning and access to pools.
U.S. President Donald Trump threatened on Friday a 100% tariff on all goods from any country that imposes a digital services tax on American companies, inflaming transatlantic trade tensions a day after European Union countries met Trump’s July 4 deadline to cut tariffs on U.S. goods.
Shuttling across the French and Italian Riviera, Orient Express’s first giant yacht aims to attract a new class of billionaire.
The U.S. trade deficit in goods swelled to a 14-month high in May as businesses boosted imports, likely to avoid shortages and higher prices related to the war in the Middle East, prompting economists to cut their growth estimates for the second quarter.
U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher.
A drop in oil prices after a fragile U.S.-Iran truce has helped ease immediate inflationary pressure in many emerging markets, but cheaper oil alone will not defuse the threat of civil unrest as the damage to household finances has already been done, analysts say.
The agreement allows up to 49,000 Chinese EVs to enter Canada annually at a reduced tariff rate.