Australia

Tricolor founder Daniel Chu will be tried in October on fraud charges

Tricolor founder Daniel Chu will be tried in October on fraud charges

Daniel Chu, founder of Tricolor Holdings, will be tried in October on charges of having defrauded the used car dealership’s banks and investors before the company went bankrupt last year. During a hearing Thursday, federal Judge Kevin Castel set a trial date for Chu and former Tricolor COO David Goodgame for Oct. 19.. In September, ...

Trump suspends US shipping law for oil and gas

Trump suspends US shipping law for oil and gas

President Donald Trump temporarily suspended a century-old shipping mandate to reduce the cost of transporting oil, gas and other raw materials in the United States, his latest attempt to combat the rise in energy prices caused by its war in Iran. On Wednesday, the president authorized foreign-flagged ships to transport various products between US ports ...

Congress of El Salvador endorses life sentences for murderers, rapists and terrorists

Congress of El Salvador endorses life sentences for murderers, rapists and terrorists

The Congress of El Salvador, with a pro-government majority, reformed the Constitution on Tuesday to endorse life sentences in the Central American country for those found guilty of homicide, rape and terrorism, in the midst of a offensive against gangs that is about to complete four years of validity. The deputies approved the change that ...

Chinese AI startup secures funding at $18 billion valuation

Chinese AI startup secures funding at $18 billion valuation

Moonshot AI seeks to raise up to $1 billion in an expanded financing round that would value the startup at about $18 billion, which would more than quadruple its valuation in just three months and would highlight the growing interest of Chinese AI developers in competing with Silicon Valley leaders. According to sources close to ...

The US will order its diplomats in Saudi Arabia to leave the country

Trump says Iran wants deal to end war, but Iran denies

President Donald Trump said Iran is willing to reach a deal to end the war, but the United States wants better conditions.indicating that there will be no truce in a conflict that has almost completely paralyzed maritime transport in the strategic Strait of Hormuz and has disrupted energy markets. Besides, Iranian Foreign Minister Abbas Araghchi ...

China approves its new five-year plan with a focus on domestic consumption and technology

China approves its new five-year plan with a focus on domestic consumption and technology

The National People’s Congress of China approved this Thursday the general guidelines of the 15th five-year plan (2026-2030), with 2,758 votes in favor, one against and two abstentions. This is the document that will guide the country’s economic policy for the next five years, with a marked emphasis on boosting the nation’s domestic consumption and ...

US-China trade talks begin in Paris

US-China trade talks begin in Paris

The trade negotiators, led by US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng, They began talks in Paris on Sunday to outline plans for a leaders’ summit later this month. Trade negotiators are expected to review the latest progress on the truce reached in November and address ...

Peru surpassed Chile in its agricultural exports in 2025 with US$14,485 million

Peru surpassed Chile in its agricultural exports in 2025 with US$14,485 million

He positioning of Peru’s agro-exports is beginning to be reflected on the regional board. In 2025, our country, with US$ 14,485 million, will surpass Chile in international agricultural shipments (US$13,209). However, the neighboring nation still maintains a slight advantage in the total calculation of the agricultural sector. Although the balance seems tilted so far, there ...

European stock markets are headed for their second weekly drop due to the war with Iran

European stock markets are headed for their second weekly drop due to the war with Iran

European stocks were headed for their second straight week of losses as the war in Iran stoked fears about higher inflation and slower growth, while concerns about private credit simmered beneath the surface. The index Stoxx Europe 600 fell 0.3% at 10:38 in London, with the mining and consumer products sectors leading the declines. Energy ...