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The Latest Breaking News from International Business Times

Putin Faces Calls For Peace At Flagship BRICS Summit

World leaders called for peace in the Middle East and Ukraine at the BRICS summit in Russia on Wednesday, as President Vladimir Putin told them he welcomed offers to mediate in the Ukraine conflict.

International Business Times

China Should Use Fiscal Policy To Boost Growth: IMF

The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington.

International Business Times

Trump's Closest Wall Street Ally's Link To Crypto Is 'An Invitation For Trouble,' Top Ethics Lawyer Says

Howard Lutnick is heading up the transition team if the former president returns to the White House.

International Business Times

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People In Arkansas Are Voting On Expanding Medical Marijuana. A Court Ruled Their Votes Won't Be Counted

The state Supreme Court ruled the ballot measure was misleading.

International Business Times

Boeing Reports $6.2 Bn Loss On Strike, Defense Contract Woes

Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

International Business Times

Sri Lanka Deploys Troops To Jewish Community Centre After US Warning

Sri Lanka deployed troops and increased police patrols around a Jewish community centre in a popular surfing town on Wednesday after the US embassy warned its citizens of a possible attack there.

International Business Times

Germany's Scholz Heads To India Despite Differences On Russia

German Chancellor Olaf Scholz will visit India from Friday to discuss economic, defence and labour ties and navigate more sensitive issues such as relations with Russia amid the Ukraine war.

International Business Times

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'I'm Broken', Mass Rape Victim Tells French Court

Gisele Pelicot, whose ex-husband and dozens of other men are on trial in France accused of raping her, said Wednesday she was "broken" by her ordeal, but also "determined" to help other women.

International Business Times

Don't Let Tech Gurus Decide The Future: Nobel Winner Simon Johnson

Should our future by decided by the bosses of big tech firms? Is more regulation of Big Tech needed?

International Business Times

Ex-Cop Accused Of Killing Wife And Staging Death As Suicide Was Under Investigation For Having An Affair While On Duty

A former cop under investigation for having an affair while on duty has been charged with his wife's murder, which he allegedly staged to appear as a suicide.

International Business Times

Ariana Grande Concert Attack Survivors Win UK Harassment Case

Two survivors of a deadly 2017 suicide attack on an Ariana Grande concert in northern England in 2017 won a harassment claim on Wednesday against a former television producer who claims the attack was a hoax.

International Business Times

Blinken On New Quest For Saudi Ties With Israel

US Secretary of State Antony Blinken on Wednesday sought to make headway with Saudi Arabia on normalisation with Israel, hoping a potentially historic deal will offer incentives to end the war in Gaza.

International Business Times

UK And Germany Sign 'Milestone' Defence Deal

London and Berlin on Wednesday hailed a "milestone" in military cooperation, as they signed a new defence pact that would see German submarine-hunting planes operate from British bases and counter threats from Russia after its full-scale invasion of Ukraine.

International Business Times

Seoul Says N.Korea Sent More Troops To Russia, Kyiv Urges Their Surrender

Ukraine on Wednesday called on any North Korean troops fighting for Russia to surrender, after South Korea said over a thousand more had been deployed by Pyongyang.

International Business Times

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International Business Times

This Is How McDonald's Is Reacting To An E. Coli Outbreak Linked To Quarter Pounders

The fast food giant is pulling the burgers from the menus in several states and it replacing ingredients in affected markets.

International Business Times

Amazon To Stop Same-Day Delivery From Brick-And-Mortar Retailers: Report

Amazon has stopped new development for its Amazon Today service and will reportedly shut it down.

International Business Times

New 'Open Banking' Rule Enhances Consumer Choice, Simplify Switching Financial Services

The new rule aims to encourage competition and expand consumer choices, which is expected to lower loan prices and enhance customer service across the payments, credit, and banking sectors.

International Business Times

Gary Gensler Greets Bitcoin An Advanced 'Happy Sweet Sixteen,' Vows Continued Crypto Crackdown

Gary Gensler, infamous in the crypto community for his leadership in the SEC that brought forth multiple lawsuits against crypto firms, has just wished Bitcoin an advanced "sweet sixteen" celebration a week before the 16th anniversary of the $BTC white paper's release.

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International Business Times

Trump Says He Plans To Only Allow Car Loan Interest Deduction For US-Made Vehicles

The former president says if his plan was not limited to U.S.-made cars, it could advantage countries like China, allowing them 'to make more cars.'

International Business Times

IRS Announces Notable Changes Coming For Filing Taxes

Notable adjustments include updates to long-term capital gains brackets, estate and gift tax exemption limits and eligibility criteria for the child tax credit.

International Business Times

New Greenland Hearing For Anti-whaling Activist Watson

A Greenland court will decide Wednesday whether to keep US-Canadian anti-whaling activist Paul Watson in custody pending a decision on his extradition to Japan, where he is wanted over an altercation with whalers.

International Business Times

Putin Touts 'Multipolar World Order' At Flagship BRICS Summit

The meeting in the city of Kazan is the largest diplomatic forum in Russia since Putin ordered troops into Ukraine in 2022, triggering a barrage of Western sanctions and international condemnation.

International Business Times

Volvo Cars Cuts Sales Forecast On Market Headwinds

Sweden's Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are "increasingly under pressure."

International Business Times

WHO Says 'Intense Bombardment' Halts Gaza Polio Vaccinations

The World Health Organization said it was forced to postpone the last phase of the polio vaccination drive in Gaza on Wednesday due to "intense bombardment" and "escalating violence" in the north.

International Business Times

Deutsche Bank Profits Boosted By Legal Settlements

Germany's biggest lender Deutsche Bank on Wednesday reported a sharp jump in third-quarter profits, boosted by the settlement of investor lawsuits related to a troubled takeover.

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