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The Latest Breaking News from International Business Times

UK To Beef Up Its Emissions Cuts As It Bids To Be 'Climate Leader'

The UK will aim to reduce greenhouse gas emissions by 81 percent on 1990 levels by 2035, Prime Minister Keir Starmer announced Tuesday, as his government ramps up its ambitions to help curb climate change.

International Business Times

Italian Police Uncover Major Art Forgery Ring Involving, Picasso, Warhol, Banksy Works

Italian authorities seized more than 2,000 counterfeit pieces attributed to some of the biggest names in art.

International Business Times

Nations To Submit Boosted Climate Plans: What's At Stake?

Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make or break global efforts to avoid dangerous levels of climate change.

International Business Times

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Russia Jails Doctor Over Alleged Ukraine Comments During Consultation

Russia on Tuesday sentenced a 68-year-old paediatrician to five and a half years in prison for allegedly criticising the Ukraine campaign during an appointment, after she was denounced by the ex-wife of a soldier killed in combat.

International Business Times

Chipotle Names Permanent CEO After Previous Leader Bolted For Starbucks

Chipotle Mexican Grille has appointed Scott Boatwright as its permanent CEO, to contribute to the company's strategy and growth.

International Business Times

Shell No Longer Required to Reduce Emissions by Specific Amount After Court Sides with Oil Giant

The Hague Court of Appeal ruled that while Shell has a responsibility to help fight climate change, it can do so by its own determined metrics.

International Business Times

Bayer Shares Hit 20-yr Low As Problems Pile Up

Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a worse-than-expected loss on woes related to its troubled agrochemicals division.

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EU Unity In A 'World On Fire': Kallas Makes Top Diplomat Pitch

Backing Ukraine "as long as it takes", building bridges with Donald Trump and standing firm towards China -- the EU's designated foreign policy chief Kaja Kallas made her pitch to lawmakers at a confirmation hearing on Tuesday.

International Business Times

Trump's Immigration Crackdown Could Boost Organized Crime, Experts Warn

Stricter U.S. policies may push more migrants toward dangerous crossings, fueling organized crime and growing demand for cross-border human trafficking networks.

International Business Times

Trump Hardliner Kari Lake Loses Race and Hands Arizona Senate Seat to Democrats

Ruben Gallego will be the state's new senator.

International Business Times

Crisis-hit Germany Headed For February 23 Snap Election

Germany, mired in political crisis, is headed for February 23 elections, the main parties agreed Tuesday, aiming to form a stable government after Chancellor Olaf Scholz's three-party coalition collapsed last week.

International Business Times

C.Africa Urges Lifting Of Embargo On Diamond Exports

The Central African Republic (CAR) sought Tuesday to convince the regulatory body for global diamond trading to lift all restrictions against it, ending an export embargo in place for more than a decade.

International Business Times

Crypto Enforcement Actions May Be Held Off Under Trump: TD Cowen

TD Cowen believes the SEC chief under the Donald Trump government will likely hold off enforcement actions on the crypto industry, and bipartisan legislation will be more likely with Republicans retaking the Senate.

International Business Times

A Lack Of New Aircraft From Boeing Is Bad News For Southwest Employees

The buyout offers mainly target ground operations staff, including customer service agents, baggage handlers and cargo workers.

International Business Times

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International Business Times

Scott Bessent – Is The Trump Treasury Secretary Potential Pick Good For Crypto?

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?

International Business Times

Ecosia, Qwant Partner On EU-Centric Search Engine Initiative To Counter Google

Ecosia and Qwant, two European search engines, collaborate to create a privacy-focused search index that promotes digital sovereignty and lessens reliance on Big Tech companies.

International Business Times

Court Challenge Begins Against UK Oil And Gas Field Approvals

Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and gas fields in the North Sea, with activists optimistic of success.

International Business Times

Trump Makes New Appointments, Rubio Tapped For Secretary Of State

Both Rubio and Congressman Michael Waltz, who has been lined up for the powerful National Security Advisor role, have notably hawkish views on China, which they see as a threat and challenge to US economic and military might.

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International Business Times

Spain PM Accused Of 'Blackmail' By Tying Budget To Flood Aid

Spain's minority left-wing government wants to galvanise its deadlocked 2025 draft budget by linking it to urgent reconstruction funds following devastating floods, sparking "blackmail" accusations from the conservative opposition.

International Business Times

Fifth Storm In Under A Month Bears Down On Philippines

The Philippines prepared Tuesday to evacuate potentially tens of thousands of people as the fifth major storm in three weeks bore down on the archipelago shortly after the onslaught of Typhoon Toraji.

International Business Times

Shareholders Sue Chipotle Over Portion Sizes

The suit claims portion sizes were "inconsistent" and hurt customer loyalty.

International Business Times

Tech Sector Gathers In Lisbon In Shadow Of Trump Victory

Leading lights of the tech industry are meeting in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions.

International Business Times

Nayib Bukele Claims Vindication As Bitcoin Hits New All-Time Highs

The El Salvador leader refused to bend to skeptics who questioned his strategy.

International Business Times

23andMe Slashes Workforce By 40%, Ends Therapeutic Programs

Genetic testing company 23andMe will be restructuring the company to save on costs.

International Business Times

'Anti-war' Comedy Directed By Malkovich Riles Bulgarian Nationalists

A 19th-century play directed by US actor John Malkovich has enraged nationalists in Bulgaria who call it an insult to the country -- a claim the Hollywood star rejected as stirred up by the far right.

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