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The Latest Breaking News from 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

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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.

International Business Times

UK's Starmer Plays Down Trump Team Claims Of Interference

UK Prime Minister Keir Starmer on Wednesday played down allegations made by Donald Trump's team of "blatant foreign interference" by his Labour Party in the US election, saying it was normal for its volunteers to campaign.

International Business Times

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Son Of Singapore's Founder Granted Asylum In UK

The youngest son of Singapore's founding leader Lee Kuan Yew said he was granted asylum in Britain due to persecution at home, where a bitter family feud rages over a property dispute.

International Business Times

Walmart Offers Prescription Delivery To Customers Amid Walgreens And CVS Store Closures

The new delivery offering is live in Arkansas, Missouri, New York, Nevada, South Carolina, and Wisconsin. Walmart said its pharmacy delivery is expected to be available in 49 states by the end of January 2025, reaching tens of millions of customers.

International Business Times

Seven Dead, Thousands Evacuated As Tropical Storm Batters Philippines

Philippine rescuers waded through chest-deep floodwaters Wednesday to reach residents trapped by Tropical Storm Trami, which has killed seven people and forced thousands to evacuate as it barrels toward the east coast.

International Business Times

UN Chief In Russia For Putin's BRICS Summit

UN Secretary General Antonio Guterres arrived in Russia on Wednesday to attend the BRICS summit, his first visit to the country for more than two years that has drawn scorn from Ukraine.

International Business Times

S. Korean Olympic Shooter Kim Keeps Cool Over Newfound Fame

When Kim Ye-ji first tried shooting at age 12 she could not lift the gun.

International Business Times

US Says 'Now Is The Time' To End Gaza War

US Secretary of State Antony Blinken said on Wednesday "now is the time" to end the conflict in Gaza, and urged Israel to avoid further escalation with Iran.

International Business Times

Harris To Face Voters' Queries In Crucial Pennsylvania

Kamala Harris faces voters' questions at a live forum Wednesday in must-win Pennsylvania as the vice president and her rival Donald Trump battle for undecided voters in the closing stretch of an extremely close White House race.

International Business Times

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International Business Times

LeBron, Bronny James Make NBA History With Father-son Appearance

LeBron and Bronny James made NBA history on Tuesday, becoming the first father and son to play alongside each other in a regular season fixture as the Los Angeles Lakers defeated the Minnesota Timberwolves 110-103.

International Business Times

Investor Mark Cuban Says Polymarket Results Don't Really Indicate Anything – Is He Right?

Polymarket is a popular go-to for crypto users when they want to put their money on their views about the upcoming elections, but for Mark Cuban, the event contracts' numbers don't really indicate anything regarding the elections.

International Business Times

Troubled Boeing Faces Investors And Awaits Strike Vote

Boeing will be under a spotlight Wednesday as the beleaguered aviation giant announces what is expected to be its biggest quarterly loss in four years, and striking employees vote on whether to end a costly weeks-long stoppage.

International Business Times

Tokyo Metro Shares Rocket On Debut

Shares in Tokyo Metro, one of the world's busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan's biggest initial public offering in six years.

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International Business Times

Climate Change Worsened Deadly Africa Floods, Scientists Say

Human-caused climate change worsened floods that have killed hundreds of people and displaced millions in Cameroon, Chad, Niger, Nigeria and Sudan this year, according to a study published on Wednesday.

International Business Times

Cattle Disease Wreaks Havoc In Libya

On Najmeddine Tantoun's farm on the outskirts of the western Libyan city of Misrata, the usual whir of hundreds of dairy milking machines has given way to near silence.

International Business Times

King Charles Visits Samoa, Where Commonwealth Looks To Shed Stodgy Image

King Charles arrives in Samoa on Wednesday ahead of a Commonwealth summit, hoping to breathe new life into a bloc seen by critics as "a leftover of empire".

International Business Times

US Regulator Finalizes Air Taxi Rules

US regulators on Tuesday finalized regulations for "powered lift" vehicles, opening the door for commercial air taxis.

International Business Times

ABBA's Bjorn Among 11,000 Artists Issuing AI Warning

Thousands of artists including ABBA singer Bjorn Ulvaeus, Hollywood actress Julianne Moore and Nobel laureate Kazuo Ishiguro have signed a statement warning about the unlicensed use of artificial intelligence.

International Business Times

Taipei Says Chinese Aircraft Carrier Group Sailed Through Taiwan Strait

A Chinese aircraft carrier group sailed through the Taiwan Strait on Wednesday, Taiwan's defence minister said, a day after Beijing held a live-fire exercise near the self-ruled island.

International Business Times

Tokyo Metro: Asia's Oldest Subway Goes Public

Every day six and a half million people ride Tokyo Metro's nine lines, part of a dizzyingly complex transport network serving the Japanese megacity and its sprawling suburbs.

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