The U.S. stock market is underperforming the rest of the world this year but that doesn’t mean American exceptionalism is dead, according to Apollo Global CEO Marc Rowan. The S & P 500 is a little more than 4% higher in 2025, underperforming other overseas markets that have surged this year as investors diversifed away…
BARCELONA, Spain — Jilted, betrayed, dumped, or defiant. It’s hard to describe the European Union after relentless attacks from its once-dependable ally, the United States. The threat from Donald Trump’s second administration against Greenland, its sweeping tariff plans and courtship of Moscow have firmed up some European leaders’ vows to reduce their reliance on America….
VENICE, Italy (AP) — Oprah Winfrey arrived in Venice on Thursday, leading a star-studded guest list of celebrities descending on the lagoon city for the weekend wedding of Amazon founder Jeff Bezos and Lauren Sánchez. Winfrey’s private jet landed at Venice’s Marco Polo airport. The bride and groom pulled into the Aman Hotel dock on…
Fast-fashion retailer Shein is facing accusations from consumer groups in 21 countries that claim the company tricks shoppers into buying more clothes than they need, reported ConsumerAffairs. What’s happening? The European Consumer Organisation (BEUC) submitted an official complaint about Shein‘s online shopping tactics to the European Commission. The group’s report describes how the retailer uses…
Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia shares rose more than 4% on Wednesday and closed at a record for the first time…
WASHINGTON (AP) — Legislation introduced Wednesday in Congress would block Chinese artificial intelligence systems from federal agencies as a bipartisan group of lawmakers pledged to ensure that the United States would prevail against China in the global competition over AI. “We are in a new Cold War, and AI is the strategic technology at the…
WASHINGTON — A bipartisan group of lawmakers on Wednesday vowed to keep Chinese artificial intelligence systems out of federal agencies while pledging to ensure the U.S. will prevail against China in the global AI competition. “We are in a new Cold War, and AI is the strategic technology at the center,” Rep. John Moolenaar, the…
CHICAGO — BlackRock’s Rick Rieder is confident a stock market nearing all-time highs can go even higher in the second half of 2025, as inflation comes down because of artificial intelligence. “I think it’s the greatest technology revolution ever. So, what does it mean? My personal view, inflation is coming way down,” Rieder said Wednesday…
The Co-op will stop sourcing carrots from Israel and a number of other products from other “countries of concern” such as Russia. The supermarket chain said it would stop sourcing produce, where possible, from countries where there are “internationally recognised community-wide human rights abuses and violations of international law”. The 17 countries on its list…
Summer is in full swing, as are Hong Kong’s dining activations and events. From new menu launches to special pop-up collaborations, there’s enough going on this weekend to keep every foodie busy, whether Indian food is your favourite or you prefer a brunch with breathtaking views. If these events still don’t tickle your fancy, our…