China's State Administration for Market Regulation (SAMR) has proposed new rules to prevent food delivery platforms from misusing subsidies. The draft regulations aim to stop market disruption, selling goods at a loss, and forcing merchants into subsidy programs, addressing concerns about intense competition harming businesses, drivers, and consumers.
BMW shares dropped to a 5-year low after the German automaker lowered its 2026 profit forecast due to declining demand in China and disruptions from the Iran war impacting costs and consumer sentiment. Analysts expressed concern over a lack of clarity on company structures and costs.
Authorities in Perth have shut down nearly 50 shops for allegedly selling illegal vapes and tobacco as part of Operation Claudere. Over $11 million in illicit products were seized in two weeks, with authorities vowing to continue the crackdown.
India may require domestic refiners to hold 30 days' worth of crude oil reserves, akin to China's model, to secure energy supply amid global disruptions, potentially costing refiners nearly Rs 60,000 crore.
Iran's national football team secured a 2-2 draw against New Zealand in Los Angeles, but faced severe logistical issues, including immediate departure post-match. Players and other teams complained about oppressive security and restrictive movements, contrasting with positive reception in Mexico.
Iran's national football team secured a 2-2 draw against New Zealand in Los Angeles, but faced significant logistical and security challenges. Players and coaches complained about restrictive movements, immediate flights after matches, and intrusive security checks, contrasting with positive experiences in Mexico.
South Korea's national football team's closed training session for their World Cup qualifier against Mexico was interrupted by an unauthorized drone. Mexican military forces disabled the drone, but two individuals reportedly retrieved it and fled. The incident is under investigation by local police and FIFA, with no tactical information leaked.
The FBI arrested five suspects accused of plotting to attack a White House event for Donald Trump with explosives-laden drones and snipers. The group allegedly used TikTok and Signal for planning, targeting Trump, JD Vance, Benjamin Netanyahu, and Elon Musk.
The FBI arrested five suspects accused of plotting a drone and sniper attack on a White House event for Donald Trump's 80th birthday and a UFC show. The group allegedly used encrypted messages to plan to use explosives-laden drones and shoot fleeing crowds.
Workers at the Inpex Ichthys facility have resumed operations after unions and the Japanese-owned company reached a deal following months of negotiations and weeks of strikes that threatened LNG exports.
Taiwan's recent HIMARS rocket launch westward towards the Taiwan Strait signals a strategic shift towards mobile strike weapons to counter a potential mainland Chinese attack before it reaches shore. The exercise, the first of its kind, highlights Taiwan's plans for employing these new weapons in a cross-strait conflict.
Federal authorities arrested five men accused of plotting a mass casualty attack at the "UFC Freedom 250" event at the White House. The alleged plan involved using explosive-laden drones and snipers to target attendees and government officials, aiming to "jumpstart" a revolution.
Federal authorities have disrupted an alleged plot by five men to attack the UFC Freedom 250 event on the White House South Lawn. The suspects reportedly planned to use explosive drones to create panic before shooters targeted attendees and politicians.
Federal prosecutors charged 15 individuals in Minnesota for allegedly impeding federal agents during the Trump administration's immigration surge. Tactics included "stalking" agents and blocking convoys. The operation targeted groups associated with "antifa."
US authorities arrested five individuals from Ohio, Missouri, and California in connection with a plot to attack a White House UFC event with guns and explosive-laden drones. The alleged plan aimed to "jumpstart" a revolution.
The price of base oil for synthetic motor oil has tripled due to the war in Iran and disruptions in the Middle East. Supply chain issues, including damage to a key Qatari plant and prioritization of diesel fuel, are leading to higher prices and potential shortages for consumers.
The FBI announced Tuesday it disrupted an alleged plot targeting a UFC event at the White House on June 10. Multiple individuals were taken into custody in a multistate operation, with alleged plans involving drones carrying explosives, sniper fire, and an attempt to storm the White House gate. Details remain unconfirmed by CNBC.
Turkish Foreign Minister Hakan Fidan stated that the international community must unite to prevent Israel from disrupting US-Iran agreements, calling them a crucial diplomatic milestone. He warned that Israel might sabotage these talks and expressed hope for their swift completion.
A high-speed road-cleaning machine from China, capable of operating at 80 km/h and clearing debris without disrupting traffic, has gone viral on social media. This innovation highlights China's increasing deployment of robots in everyday operations, extending beyond factory floors to domestic assistance.
A war launched by Donald Trump against Iran in late February, aiming for regime change and military destruction, has concluded with a deal to reopen the Strait of Hormuz. Despite initial ambitious goals, Iran withstood intense bombing, emerging with greater leverage. The agreement, a 60-day ceasefire extension, defers complex issues like Iran's nuclear program and sanctions relief to future negotiations.
A war launched by Donald Trump against Iran in late February, with goals of regime change and military destruction, has concluded with a deal reopening the Strait of Hormuz. Despite initial ambitions, Iran withstood intense bombing, emerging with greater leverage. The agreement, a 60-day ceasefire extension, defers complex issues like nuclear program limitations and sanctions relief to future negotiations.
Iran's FIFA World Cup 2026 campaign began with a 2-2 draw against New Zealand in Los Angeles, but was overshadowed by immediate travel disruptions. Coach Amir Ghalenoei and captain Mehdi Taremi expressed disappointment over being asked to leave the US immediately and highlighted visa problems affecting the delegation.
Iran's national football team was instructed to leave the United States immediately after a 2-2 draw against New Zealand, causing frustration among players and staff. Coach Amir Ghalenoei expressed confusion and distress over the sudden travel change, citing the importance of recovery and suggesting external decision-making.
Iran's national football team was instructed to leave the United States immediately after a 2-2 draw against New Zealand, frustrating coach Amir Ghalenoei and captain Mehdi Taremi. The team was expected to stay overnight for recovery but had to return to their base in Tijuana, Mexico, with Ghalenoei citing "oppressed" preparations and Taremi calling the situation a "disaster."
