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The U.K. government says it's ready for legal challenges to a tough new law intended to stop tens of thousands of migrants a year reaching the country in small boats across the English Channel. Home … more
Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.8 billion kroner, or $2 … more
South Korean technology firm Kakao has launched a tender offer to buy up to 35% of K-pop agency SM Entertainment and become its largest shareholder, escalating a battle with entertainment firm Hybe … more
China’s trade contracted again in January and February as U.S. and European demand weakened in the face of interest rate hikes, adding to pressure on official efforts to revive economic growth … more
Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon. President Ranil Wickremesinghe told … more
Garbage collectors, utility workers and train drivers are among people walking off the job Tuesday across France. They are expressing anger at a bill raising the retirement age to 64, which unions … more
China has long been seen by the U.S. as a prolific source of anti-American propaganda but less aggressive in its influence operations than Russia. Now many in Washington think China is increasingly … more
Oklahoma voters are going to the polls to decide whether to make the state one of the most conservative to approve recreational marijuana. State Question 820, which is the only issue on the ballot … more
South Korean President Yoon Suk Yeol is defending his government’s contentious plan to use local funds to compensate Koreans enslaved by Japanese companies before the end of World War II. He says … more
A private bank is trying to force the Biden administration to end its pause on federal student loan payments, arguing that the moratorium has no legal basis and has cost the bank millions of dollars … more
Thirty-four Tyson Foods employees, former employees and family members have filed a lawsuit against the company. The say it failed to take appropriate precautions at its meat-packing plants during … more
In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps. On one side are analysts who see an aggressive move by the leading … more
President Joe Biden has decided to get out of the White House to unveil his proposed budget this week in Pennsylvania, a must-win state in 2024. His trip to Philadelphia on Thursday is a sign that … more
The makers of Toblerone are stripping images of Switzerland’s famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as it moves some production to Slovakia. Deerfield, … more
South Carolina’s governor says he is going to ask lawmakers to approve nearly $1.3 billion to bring to the state a new electric vehicle plant. The company is a Volkswagen Group-backed group trying … more
The man who will lead international climate talks later this year in Dubai, United Arab Emirates spoke Monday at the premier oil and gas industry conference in Houston, Texas, known as Ceraweek. … more
When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing. This week, Powell returns to … more
German Chancellor Olaf Scholz says his country faces considerable challenges, but also opportunities, in the coming years as it seeks to transform toward a green economy with a shrinking workforce. … more
A Czech company that produces more than 30 different inflatable military decoys, including tanks, armored vehicles, aircraft and howitzers, has seen sales soar over the past year. Its products … more
The British government says it will introduce legislation to ban anyone who arrives in the U.K. in small boats across the English Channel from ever settling in the country. The government said a bill … more
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