World
Coffee giant Nescafe targets Gen Z as consumption habits shift
Olga Rolenko | Moment | Getty Images ORBE, Switzerland — For almost a century, a nondescript factory in an unsuspecting town beneath the Swiss mountains has played host to some of the most widely consumed coffee trends brewed up by caffeine giant Nescafe. From the 1938 launch of its flagship soluble powdered coffee to freeze-dried […]
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South Korea ex-President Yoon indicted again as martial law probe continues
Yoon Suk Yeol attends a hearing for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. 23, 2025. Bloomberg | Bloomberg | Getty Images South Korea’s jailed ex-President Yoon Suk Yeol was indicted on additional charges on Saturday as a special prosecutor continues investigating him for his short-lived declaration of martial […]
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‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters
June O’Connell, founder and director at Irish gin and whiskey-makers Skellig Six18 Distillery, said U.S. tariffs have hit her business hard this year. Paul McCarthy | Skellig Six18 Distillery Along the “last road in Ireland,” on the country’s rugged west coast, June O’Connell’s business Skellig Six18 makes gin and whiskey — a time-intensive process guided by […]
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Blackstone drops out of consortium bid for TikTok U.S.: Reuters
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Private equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s U.S. operations, a source familiar with the matter told Reuters on Friday. The latest […]
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Justice Department asks court to unseal Epstein, Maxwell grand jury transcripts
U.S. Attorney General Pam Bondi speaks to the media, after the U.S. Supreme Court dealt a blow to the power of federal judges by restricting their ability to grant broad legal relief in cases as the justices acted in a legal fight over President Donald Trump’s bid to limit birthright citizenship, in the Press Briefing […]
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Men Trump administration had sent to El Salvador’s CECOT prison exchanged in prisoner swap
Ten Americans freed from Venezuelan prision. Courtesy: U.S. Embassy The Venezuelan immigrants whom the Trump administration had sent to a notorious mega prison in El Salvador have been flown from there to Venezuela, according to El Salvador President Nayib Bukele. The move, Bukele said in a post on X, was part of a prisoner swap in which the […]
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Trump pushes for 15-20% minimum tariffs on European Union: FT
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15-20% tariffs on imports from the European Union, […]
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Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code […]
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Saudi Arabia reckons with its costly megaprojects as $500 billion ‘The Line’ is reviewed
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM DUBAI, United Arab Emirates — Saudi Arabia’s sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line. The public investment fund has tapped consulting firms to conduct a strategic review into the feasibility of the 105-mile linear city, […]
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Burberry shares pop 8% as British heritage pivot lures back U.S. shoppers
People walk by the Burberry store on East 57th Street during Memorial Day weekend on May 25, 2025 in New York City. Craig T Fruchtman | Getty Images Entertainment | Getty Images American shoppers are buying into the allure of British heritage fashion, providing a glimmer of hope for beleaguered Burberry‘s turnaround even as U.S. […]
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