World
Samsung taking market share from Apple in U.S. as foldable phones gain momentum
In 2014, Apple and Samsung were duking it out to rule the U.S. smartphone market. Samsung was selling devices with large screens, and iPhone fans were demanding a response. It took Apple some time, but the company finally released the iPhone 6, breaking with previous iterations and giving consumers a large-screen option. The iPhone won. […]
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Trump hails meeting with Putin as ‘productive’ after talks over Ukraine fail to reach a breakthrough
The high-stakes summit on Friday between U.S. President Donald Trump and Russia’s Vladimir Putin did not result in a breakthrough, even as Trump described it as “productive,” while Putin proposed another meeting in Moscow. The White House had played down the talks — initially seen an attempt to secure a ceasefire between Russia and Ukraine […]
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China’s booming bubble tea industry faces a test: Is it here to stay or just a fad?
Bubble tea may have started as a playful drink, but it has grown into an industry worth billions. The global bubble tea market size will grow from $2.83 billion in 2025 to $4.78 billion by 2032, according to a report from Fortune Business Insights. This year, three Chinese bubble tea chains — Mixue Group, Guming […]
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Why Slate Automotive says it has cracked the code to affordable EVs
The Jeff Bezos-backed Slate Automotive says it can sell an American-made electric vehicle pickup truck for about half of the average transaction price in the U.S. Slate’s pitch is keep the vehicle as simple as possible to save on manufacturing costs, and then let owners add on and customize the truck however they want. The […]
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Air Canada, flight attendants at impasse with strike looming
Air Canada flight attendants, represented by the Canadian Union of Public Employees (CUPE) hold a picket at one of four airports to highlight their pay demands in contract negotiations with Canada’s largest airline, outside Toronto Pearson International Airport in Mississauga, Ontario, Canada August 11, 2025. Carlos Osorio | Reuters The prospect of a systemwide work […]
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Government’s Intel intervention is ‘essential’ for national security, tech analyst says
A government intervention in struggling chipmaker Intel is “essential” for the sake of national security, analyst Gil Luria said Friday, following a report that the Trump administration is weighing taking a stake in the company. “We’re all capitalists,” Luria, head of technology research at D.A. Davidson, said in an interview with CNBC’s “Squawk Box.” “We […]
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U.S. shoppers fuel jewelry splurge despite tariff headwinds
A Pandora Bracelet at the PANDORA Concept Store. Franziska Krug | German Select | Getty Images U.S. shoppers are continuing to splurge on jewelry, even as economic headwinds weigh on consumer sentiment in Europe and China. Danish jewelry brand Pandora said the U.S. market, which accounts for one-third of its overall revenues, remained an outlier […]
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London’s FTSE 100 just touched a record high — and market watchers see more upside ahead
London’s FTSE 100 touched a fresh record high on Friday – and some market watchers see more upside ahead for the long-maligned index, with U.S. tariffs, macroeconomic influences and outperformance in certain sectors sparking a widespread reassessment of U.K. equities. The U.K. index — home to some of the world’s most renowned companies, including AstraZeneca […]
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Power cuts and blackouts: Why can’t Iraq keep the lights on?
Iraq was plunged into a nationwide blackout earlier this week, as a temperature surge to 122 degrees Fahrenheit (50° Celcius) — and subsequent spiking demand for electricity — pushed the country’s faltering power grid to the breaking point. For a country that has seen as much conflict and instability as Iraq, this could come as […]
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Danish jewelry giant Pandora plunges 13% after second-quarter earnings
Carlsberg CEO notes changing beer habits amid cost pressures Green bottles of Carlsberg beer move along the production line at the Baltika Breweries LLC plant, operated by Carlsberg A/S, in Saint Petersburg, Russia. Bloomberg | Bloomberg | Getty Images Spending pressures are dividing beer drinking habits, further clouding the outlook for brewers already battling declining […]
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