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German watchdog asks Apple, Google to look into blocking DeepSeek 06/30/2025

Fast food chain Raising Cane's surpasses KFC in US sales in 2024 07/01/2025

G7 Unveils Exemptions for US and UK Firms to Safeguard Investment and Stability 06/29/2025

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Business & Finance

Reuters: Shell sets to sell $10bn worth of oil fields in the US

The British-Dutch company Royal Dutch Shell is considering selling its assets in the Permian Basin, the largest oil-bearing basin in the US, located in the states of Texas and New Mexico. This was reported by Reuters, citing sources familiar with the situation. It is about company-owned fields with...

SoftBank Supported PayPay Gaining Ground Fast In Digital Payments Arena In Japan

The Japanese payments app PayPay, which is owned by deep-pocketed SoftBank, is taking large steps in further extending its footstep in the Japanese market with the company deploying a shoe-leather sales force of thousands for targeting restaurants, drugstores and supermarkets. With more than 3...

China stages crackdown on private education industry

Chinese authorities have staged a collapse of the multi-billion-dollar online education industry. The bans have affected major companies that have created a private tutoring "empire" in the country over several years, Forbes writes. Regulators have decided to take down Chinese online education...

Shift To E-Cigarettes Prompts BAT To Raise Sales Growth Outlook

With good results being witness from its efforts to focus on e-cigarettes and tobacco-heating devices, the its annual revenue growth forecast for the current year was raised by British American Tobacco (BAT) on Tuesday. That pushed the stocks of the company up by 2 per cent. A revenue...

Guardian: G7's historic corporate tax agreement has a huge gap

There is a huge gap in the G7 countries' historic agreement to collect higher taxes from the world's biggest companies. The omission will allow US giant Amazon to escape such obligations, writes The Guardian. The agreement calls for companies to pay a percentage of profits in markets where they...

Manchester United fans will be able to buy a voting stake in the club

Manchester United owners will allow fans to buy shares in the football team with the same voting rights as they do. This is needed to "appease the anger" of fans after the club's failed attempt to join the European Super League. Manchester United fans will be able to buy shares in the football club...

Cryptocurrency Trading Platform To Be Launched By Standard Chartered

A new brokerage and exchange platform in Britain and Europe will be launched by a unit of the Standard Chartered Plc and the new services will be offered to primarily to institutional clients in Britain and Europe, the bank said recently. A joint venture between SC Ventures, the innovation...

Major meat producer resumes factory operations after cyberattack

Major meat producer JBS said it has fully restored all factory operations following the cyber-attack. "Today JBS USA and (its division) Pilgrim's announce that all of their factories around the world are fully operational following the resolution of the May 30 criminal cyber-attack," it said in a...

Permission to have three children in China pushes up local baby products manufacturers

Shares in Chinese children's goods manufacturers have risen sharply after the authorities allowed families to have three children, rather than a maximum of two as before. The authorities changed the rules amid the lowest population growth rate ever calculated. Shares in Chinese manufacturers of...

Krispy Kreme gives away over 1.5 million donuts to vaccinated Americans

Krispy Kreme has handed out more than 1.5 million donuts in two months as part of a promotion for vaccinated visitors. The company promised all vaccinated guests one free doughnut a day. The Krispy Kreme chain has given away more than 1.5 million doughnuts as part of its own promotion, CNN reports....