
US tariffs corrode steelmaker ArcelorMittal's profitability
The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items but US tariffs began to eat into its margin.
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Lions have 'massive responsibility' to finish job against Wallabies
British and Irish Lions coach Andy Farrell warned Thursday there will be no let-up against the Wallabies in the third Test, with a rare series whitewash a big incentive to finish the job.
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BMW profits slump on China woes, US tariffs
BMW said Thursday its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs.
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Russia strikes kill six in Kyiv, Moscow says captured key town
Russian strikes on Kyiv killed at least six people, officials said Thursday, as Moscow claimed the capture of a town that had been a key stronghold for the Ukrainian army in the east of the country.
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Firms in Vietnam walk tightrope as Trump's transshipping rule looms
As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies in the Southeast Asian country are cautiously waiting to see what falls into that category.
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China summons chip giant Nvidia over alleged security risks
Chinese internet authorities summoned Nvidia on Thursday to discuss "serious security issues" over some of its artificial intelligence (AI) chips, as the US technology giant finds itself entangled in trade tensions between Beijing and Washington.
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Veteran White gets fairytale sendoff for 'deflated' Wallabies
Wallabies coach Joe Schmidt insisted Thursday on picking retiring scrum-half Nic White for the third British and Irish Lions Test was not a sentimental decision and he was banking on the veteran to help rally his "deflated" team.
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Trump gets his way on tariffs, but global trade system intact for now
President Donald Trump has succeeded in strong-arming nations to accept higher tariffs on US exports, yet for now experts see little threat to the postwar trend of lower duties in the pursuit of greater wealth all around.
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Myanmar junta ends state of emergency in election run-up
Myanmar's junta ended the country's state of emergency on Thursday, ramping up preparations for a December election being boycotted by opposition groups and criticised by international monitors.
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Lions make two changes for final Wallabies Test
The British and Irish Lions made two changes Thursday for the final Test against the Wallabies, with James Ryan in at lock and Blair Kinghorn on the wing as they look to finish their Australia tour on a high.
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