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The Latest Breaking News from International Business Times

Lebanon's Civil War Fighters Working For Reconciliation, 50 Years On

Near front lines where they once battled each other, former fighters in Lebanon's civil war now gather to bear the same message, half a century after the devastating conflict erupted: never again.

International Business Times

Trump Eliminates 'Weak and Worthless' Showerheads as Classic Seinfeld Clip Goes Viral

Trump's showerhead deregulation sparked a cultural splash, with Seinfeld clips and pressure-themed memes flooding the internet.

International Business Times

Miuccia Prada's Path From Activist To Top Designer

As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women's rights wearing an Yves Saint Laurent suit.

International Business Times

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Kam Thindal On Trade Autonomy: The Future Of Canada's Economic Strategy

By focusing on trade diversification, natural resource strength, and internal market efficiency, Canada can meet the moment.

International Business Times

Former Trade Official Issues Stark Warning As US-China Tariff War Escalates: 'The Tsunami is Coming For Everyone'

A trade representative during the Joe Biden administration said factories will close in the U.S. and around the world as a result of Trump's tariffs

International Business Times

Italy's Prada Agrees To Buy Rival Versace For 1.25 Bn Euros

Italian fashion house Prada announced Thursday it had reached a deal with US group Capri Holdings to buy its flashy rival Versace for 1.25 billion euros ($1.38 billion).

International Business Times

US Consumer Inflation Cools In March On Falling Gas Prices

US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as consumers and businesses waited nervously for President Donald Trump's sweeping tariffs to come into effect.

International Business Times

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Five Things To Know About Versace

Italian fashion giant Versace, the long-held family business known for its flashy, sexy designs and Medusa head logo, will now become part of Prada, its larger rival and polar opposite in terms of style.

International Business Times

Dem Senator Calls Congress To Launch Insider Trading Investigation Over Trump Tariff Pause

Democratic Senator Adam Schiff called on Congress to launch an investigation on whether President Donald Trump engaged in insider trading or market manipulation

International Business Times

Cannes Festival: Films In Competition

Nineteen films were announced Thursday in the main competition at Cannes Film Festival, which kicks off on the French Riviera on May 13.

International Business Times

US Consumer Inflation Falls To 2.4% In March, But Tariff Hikes Cloud Economic Outlook

Energy prices also dropped by 2.4% in March, driven primarily by a sharp 6.3% decline in gasoline costs, which outweighed the rises in electricity and natural gas prices.

International Business Times

Death Toll In Dominican Nightclub Disaster Rises To 218

The death toll after a roof collapsed at a crowded nightclub in the Dominican Republic has climbed to 218, the head of rescue operations said Thursday, in the Caribbean nation's worst disaster in decades.

International Business Times

Shanghai Finance Workers Worry After Front-row Seat To Tariff Turmoil

As stock prices flashed across a huge screen at a bustling intersection in China's business hub Shanghai, finance workers shared their concerns after getting front-row seats to the global market turmoil wreaked by Donald Trump this week.

International Business Times

Trump's Buy Tip Before Tariff Reversal Nets Massive One-day Gains for Investors Who Followed

US President Donald Trump said yesterday in a Truth Social post that it is a great time to buy before the stock market surged on his reversal of reciprocal tariffs.

International Business Times

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International Business Times

The Hidden Cost of Trade Wars: Why Your Car Insurance Is About to Get Pricier

Trump's tariffs will push US car insurance premiums up 8% to £1,954 ($2,502) by year-end, as pricier parts and repairs ripple through

International Business Times

Elon Musk Loses $30B After Trump's Tariffs — 'Cracks Showing' In MAGA Ties

Elon Musk may lose $30B after Trump's tariff hikes, raising questions about his future ties with the former president.

International Business Times

Trump Tariffs Weigh On Germany As Institutes Cut Forecasts

Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's struggling top economy will face extra pain from US President Donald Trump's tariff blitz.

International Business Times

Kash Patel Removed As Acting ATF Director, Army Secretary Driscoll Steps In

At the time of his appointment, agency staff had not been informed of Patel's selection, and his dual role overseeing both the FBI and ATF was regarded as highly irregular.

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International Business Times

Elon Musk's DOGE Says Tax Dollars Went To 'Fake People Born In The Future'

Elon Musk has repeatedly said there was fraudulent activity within federal agencies, and on Tuesday, the DOGE alleged that thousands of people "born in the future" claimed a total of $69 million in unemployment benefits.

International Business Times

US-Russian Woman Freed In Prisoner Swap After Treason Conviction In Russia

She was arrested in February 2024 while visiting her family in Yekaterinburg, Russia.

International Business Times

The US Citizens Still Held In Russian Prisons

US-Russian citizen Ksenia Karelina was on a plane back to the United States on Thursday after being released in a prisoner exchange between Moscow and Washington, her lawyer and America's top diplomat said.

International Business Times

Not Just Penguins On Antarctic Islands Hit By Trump Tariffs

A pair of sub-Antarctic volcanic islands unexpectedly hit by Donald Trump's sweeping tariffs may be the world's most inhospitable spot for international trade.

International Business Times

US-Russian Ballet Dancer Ksenia Karelina Freed By Moscow: Rubio

US-Russian ballet dancer Ksenia Karelina, who had been detained in Russia for 12 years on treason charges, has been released and is flying to the United States, according to the top US diplomat, with her lawyer saying she was part of a prisoner exchange agreed between Moscow and Washington.

International Business Times

Vatican Releases Image Of Charles, Camilla Meeting Pope

The Vatican on Thursday published a photograph of Pope Francis meeting King Charles III and his wife Queen Camilla the day before during the British monarch's state visit to Italy.

International Business Times

Witkoff And Araghchi: The Men Leading US-Iran Nuclear Talks

US special envoy Steve Witkoff and Iran's Foreign Minister Abbas Araghchi will be in Oman for breakthrough talks on Tehran's nuclear programme this weekend.

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