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The Latest Breaking News from International Business Times

Beijing Rejects Ukraine Claim 'Many' Chinese Fighting For Russia

China on Wednesday rejected Ukrainian President Volodymyr Zelensky's claim that many Chinese citizens were fighting for Russia, calling it "absolutely groundless".

International Business Times

Germany 'Back On Track' Says Merz, Unveiling New Coalition

Germany's next leader, the conservative Friedrich Merz, vowed Wednesday to "move the country forward again" by boosting the economy and defence as he presented a deal to launch his coalition government by early next month.

International Business Times

Princeton Climate Programs in Jeopardy After Federal Funding Cuts

The Trump administration has recently revoked nearly $4 million in federal funding from Princeton University, primarily affecting programs related to climate risks and global warming

International Business Times

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Capitol Rioters May Receive Payouts After Trump's DOJ 'Agrees' Money Used to Fix Damage From Insurrection Could Be Returned

The DOJ says Capitol rioters whose convictions were vacated due to President Donald Trump's clemency may be entitled to restitution refunds.

International Business Times

Economist Warns Unemployment Could Fall to 'Recessionary Levels' If Trump Continues Tariff Rollout

Economists warn President Donald Trump's global tariff expansion could spark widespread job losses and push unemployment to recessionary levels.

International Business Times

US Treasury Chief Defends Tariffs, Warns Against Aligning With China

US Treasury Secretary Scott Bessent warned countries Wednesday against aligning with China on trade, as he defended President Donald Trump's move to remake the world's biggest economy through sweeping tariffs that have stoked market turmoil.

International Business Times

IRS Chief Set to Resign on Heels of Data Sharing Deal With ICE Is Third Leader to Step Down This Year

IRS Acting Commissioner Melanie Krause, who was appointed in February, is set to resign from her post after the agency reached a controversial agreement to share immigrants' tax data with ICE

International Business Times

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Tata Steel To Cut Jobs At Dutch Plant By 15%

Indian-owned steelmaking giant Tata Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its plant in the Netherlands, sparking a furious reaction from union leaders.

International Business Times

Thousands of Obamacare Users May Owe Money at Tax Time, Officials Warn

Thousands of Obamacare users may face unexpected tax bills due to fraudulent enrollments and potential premium changes this tax season.

International Business Times

Ohio Gov. Calls for Cellphone Ban in Schools, Sparking Parents' Concerns About Student Safety

Ohio Gov. Mike DeWine is calling for a complete ban on cell phones in schools, sparking parents' concerns about student safety.

International Business Times

Autistic Teen With Knife Shot 9 Times, Sparking Outrage Aimed at Idaho Police

Idaho police officers are under fire for the shooting of an autistic teenager who was wielding a knife.

International Business Times

'Curve Ball': Irish Whiskey Producers Fret Over US Tariffs

For Tony Healy, an Irish whiskey producer in Dundalk, near the UK border with Northern Ireland, US tariffs of 20 percent on EU alcoholic drinks were a huge and unexpected "curve ball".

International Business Times

Google Messages Adds 'Unsubscribe' Button to Stop Spammy Texts, But It's Only Available in Few Regions

Google Messages now lets you easily opt out of spam texts with a new "Unsubscribe" button—no more unwanted messages.

International Business Times

Microsoft Regains Crown as Apple's Shares Tumble Amid Tariff Turmoil

Microsoft surpasses Apple as the world's most valuable company after tariffs trigger a sharp drop in Apple's stock.

International Business Times

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International Business Times

China Hawk Peter Navarro Has Trump's Ear

President Donald Trump's punishing tariffs on countries around the world, including a 104 percent increase in duties on China, bear the fingerprint of Peter Navarro, a Harvard-trained economist who has long warned against a rising Beijing.

International Business Times

How Tariffs In The EU Work

Customs duties, or tariffs, have become a political punching ball as the European Union prepares to respond to US President Donald Trump's recent offensive.

International Business Times

Hedge Fund Managers Are Aggressively Buying Biotech Stocks Despite Trump Hinting at Pharma Tariffs

While Donald Trump spared pharma companies from his tariff announcement last week, he revealed yesterday plans to announce tariffs on the industry soon.

International Business Times

Gaza Rescuers Say 23 Killed In Israel Strike On Residential Block

Gaza's civil defence agency said an Israeli strike on a residential building in Gaza City killed at least 23 people Wednesday, most of them children or women, as the military said it targeted a "senior Hamas" militant.

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International Business Times

'Catastrophe': Volkswagen Town Rattled By Trump Trade War

The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade war against friends and foes alike.

International Business Times

Russia Demands France Explain Detention Of Government Employee

Russia said Wednesday that it was waiting for "explanations" from France after a Russian government employee was detained for hours at a Paris airport in what it called a "shameful spectacle".

International Business Times

Race To Save Sweden's 17th Century Warship In Preservation Project

A Swedish museum has launched a massive four-year project to preserve the sagging hull of the Vasa, a majestic warship that sank nearly 400 years ago and is now one of Sweden's most popular tourist attractions.

International Business Times

Greek General Strike Hits Transport And Commerce

More than 15,000 people took to the streets in Greece on Wednesday in the second 24-hour general strike this year, calling for higher wages to match the rising cost of living.

International Business Times

How The EU Is Responding To Trump's Trade Assault

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war.

International Business Times

China Slaps 84% Tariff On US Goods In Escalating Trade War

The move is a direct response to the United States' latest tariff hike, which added another 50% on Chinese imports earlier this week.

International Business Times

Beijing Consumers Mull Spending Habits As Tariffs Kick In

Chinese consumers in Beijing mulled their their spending habits and said they are prepared to forego American brands if that means avoiding the pinch from the escalating trade war with Washington.

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