Australia calls Meta’s fact-checking decision a threat to democracy

Australia has expressed alarm over Meta’s decision to scrap fact-checking operations on Facebook and Instagram in the United States, labelling it a potential threat to democratic integrity. This step, which replaces professional fact-checkers with community-based posts, has sparked fears of an unchecked surge in false information online. The country, which has led regulatory efforts against […]

Uniqlo operator sees Q1 profit rise amid sluggish China performance

The operator of the global clothing chain Uniqlo reported first-quarter results on Thursday that, while showing a rise in profits, fell slightly short of analyst expectations. A sharp decline in profit in China overshadowed strong sales in its home market of Japan, highlighting the complexities of balancing global growth in a dynamic retail environment. Fast […]

How many billions will California fires cost the US economy?

A fast-moving wildfire freshly tore through the Hollywood Hills early Thursday, threatening a region synonymous with the American film industry. The blaze added to the strain on millions of Los Angeles residents already grappling with devastating fires that have decimated entire neighborhoods and turned the skies into a smoky, ember-filled haze. At least five lives […]

Trump tariffs? No problem, says Rolls-Royce CEO

Rolls-Royce CEO Chris Brownridge, like many importers, is aware of President-elect Donald Trump’s plans to impose a range of tariffs on various countries. However, he remains unperturbed, citing that business has rarely been better for the luxury carmaker, whose products start at $370,000. The company’s resilience, particularly in the face of potential trade barriers, underscores […]