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G7 ministers to target those increasing Russia oil purchases
G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow's invasion of Ukraine more than three years ago. "We will target those who are continuing to increase their purchase of Russian oil since the invasion of Ukraine and those that are facilitating circumvention," the ministers said in a joint statement.
Air traffic controllers warn of US shutdown strain
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government shutdown strains air travel and delays key upgrades. Airlines for America, which represents leading US carriers, urged congressional leaders to quickly remedy the situation.
Trump says to push China's Xi on soybeans as US farmers struggle
President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when they meet, as American farmers grapple with fallout from his trade wars.
Supreme Court blocks Trump from immediately firing Fed governor
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.
Supreme Court blocks Trump from immediately firing Fed Gov. Cook
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the president mounts multiple challenges that have tested the independence of the central bank.
Shein picks France for its first permanent stores
Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in November. "This alliance is more than just a launch -- it's a commitment to revitalise city centres across France, restore department stores and create opportunities for French fashion," Shein said.
Meta defends ads model in 550-mn-euro data protection trial
Facebook owner Meta on Wednesday defended its advertising model in a 550-million-euro trial in Spain over alleged breaches of EU data protection rules brought by more than 80 Spanish media organisations. The association launched a lawsuit alleging unfair competition in digital advertising sales and is seeking 551 million euros ($647 million) in compensation.
UK's Labour govt plans permanent fracking ban
Britain's Labour government plans to permanently ban fracking, a highly controversial method of extracting fossil fuels, due its environmental impact, Energy Secretary Ed Miliband said Wednesday. "Let's ban fracking," Miliband told the Labour party conference in Liverpool.
YouTube, platforms not cooperating enough on EU content disputes: report
An independent appeals body tasked with resolving disputes between social media platforms and EU users on Wednesday criticised a lack of cooperation from digital platforms, especially YouTube. A YouTube spokesperson countered that "ACE has not put in place the privacy safeguards necessary for us to share the user data they need to resolve disputes about content moderation decisions".
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