News
Swiss producers of Gruyère are adjusting their production and export strategies after higher U.S. import tariffs triggered a sharp decline in demand from one of their most valuable overseas markets. The latest tariffs imposed by the United States have increased pressure on Switzerland's renowned......
Verizon has raised its annual financial forecasts after stronger-than-expected subscriber growth in the second quarter, supported by new unlimited 5G plans, loyalty initiatives and bundled service offerings. The US telecommunications company said its improved outlook reflects growing customer demand......
A bipartisan group of US lawmakers is seeking to relocate a major European security meeting from Serbia to South Carolina, highlighting divisions within Washington over relations with the Balkan country and the future location of a key international forum. Republican Representative Joe Wilson is expected......
Canada will officially mark the opening of the Gordie Howe International Bridge without U.S. participation on Friday, after growing tensions over trade issues and a dispute surrounding toll arrangements disrupted plans for a joint celebration. The major infrastructure project, which connects Windsor,......
The United Kingdom has sought to reassure exporters after the United States announced a new round of tariffs targeting several trading partners over concerns about the enforcement of forced labour restrictions. British officials said the latest measures would not worsen trading conditions for UK companies......
IBM has agreed to acquire HRL Laboratories, a private research facility specializing in quantum technologies, as the technology giant expands its approach to developing next-generation quantum computers. The acquisition adds a new technological pathway to IBM’s existing quantum strategy, which......
Lockheed Martin has increased its 2026 sales and profit expectations as rising geopolitical tensions and government efforts to rebuild military inventories fuel stronger demand for defense equipment. The United States defense contractor said its improved outlook reflects growing orders across......
T-Mobile has raised its annual adjusted free cash flow forecast after reporting stronger-than-expected quarterly results, supported by growing demand for higher-value wireless plans and increased customer adoption of premium offerings. The United States telecommunications company said the shift toward......
U.S. President Donald Trump has intensified Washington's rhetoric toward Iran by declaring that the United States would retaliate against key Iranian infrastructure if commercial or military vessels are attacked in the Strait of Hormuz, a vital corridor for global energy shipments. The warning marks......
U.S. Defense Secretary Pete Hegseth has told lawmakers that the military campaign involving Iran has cost the United States an estimated $37.5 billion so far, reflecting a significant increase from previous projections and reinforcing the administration's call for additional defense funding. Speaking......
The United States government has announced a $5 billion investment aimed at using artificial intelligence to address major scientific challenges in fields including healthcare, pharmaceuticals and construction, as part of a broader effort to accelerate research through advanced technologies. The initiative,......
Bloomsbury Publishing has confirmed it will receive compensation as part of a landmark $1.5 billion settlement resolving claims that artificial intelligence company Anthropic used copyrighted books to train its AI models without obtaining the necessary licenses. The agreement, approved by a U.S. federal......
Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval......
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