The French government will expand obligations for profit-sharing to include large companies conducting share buybacks, in a move that adds a layer of complication to the practice without enforcing extra fixed costs or taxation.
Several regional airports in France and Belgium were evacuated after threats of attack, with the Palace of Versailles outside of Paris seeing its third evacuation in days.
A steady stream of ships is hauling grain and metals from Ukraine a month after the first inbound vessel sailed through its new shipping corridor in the Black Sea in defiance of Russian threats.
Talks between the US and European Union to reach a deal on steel are going down to the wire, as they aim to avert the return of billions of dollars of Trump-era tariffs ahead of a summit in Washington later this week.
Russian President Vladimir Putin said he’s ordered fighter jets armed with hypersonic missiles to begin round-the-clock patrols over the Black Sea, ratcheting up tensions with the US amid the war in Ukraine and the spiraling crisis in the Middle East between Israel and Hamas.
Iran has called for Muslim countries to impose an oil embargo on Israel.
OpenAI, the creator of ChatGPT, is teaming up with Abu Dhabi’s leading artificial intelligence firm as part of an expansion within the United Arab Emirates and the broader region.
Egypt’s leader said Israel should be the one to take in Palestinians, rejecting any idea that his country could host Gazans displaced by the fighting between Israel and Hamas.
HSBC Holdings Plc has nearly doubled the size of a loan arrangement to part of Indian billionaire Mukesh Ambani’s business empire, bolstering its bet on Asia’s richest person.
Chile’s peso gained at the start of trading Wednesday after the central bank said it will consider the currency’s “very important” depreciation, which currently ranks among the world’s worst, at next week’s monetary policy meeting.
