live Trump says peace deal will be signed on Sunday; Iran says it may take days
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Fore...
Amazon wins a partial dismissal of the FTC lawsuit accusing it of monopolistic practices, though key details remain sealed. The FTC claims Amazon used anti-competitive tactics to dominate online marketplaces. The case will proceed in two parts, with some allegations allowed to continue.
Amazon.com Inc. achieved a partial win in its legal case against the U.S. Federal Trade Commission (FTC), with a Seattle federal court dismissing part of the antitrust lawsuit on Monday. While the details of the decision have not been fully revealed, the FTC alleges that Amazon has used unfair tactics to preserve its control over online retail and marketplaces. In response, Amazon had pushed for the case's dismissal last December, arguing that the FTC has not shown any consumer harm from its practices.
The FTC claimed last year that Amazon's use of an algorithm had caused U.S. households to spend over $1 billion more on products in its vast online store, which lists over 1 billion items.
Amazon countered in court filings, stating that it had discontinued the program back in 2019. In a sealed decision, Judge Chun partially approved Amazon's request to dismiss the case. However, court records show that the FTC can still pursue claims that were not fully dismissed by the judge.
Judge Chun ruled that the case against Amazon will be split into two trials, rejecting the company’s request to combine the FTC’s evidence and proposed remedies into one. The FTC claims Amazon stifles competition, while Amazon defends its practices as beneficial to consumers.
This lawsuit is part of a larger antitrust push against Big Tech, including cases against Meta, Apple, and Google.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
At the start of 2026, something unusual happened in China's car market. BYD, the company that had spent years at the top of the domestic sales charts, was knocked off its perch by a rival.
Apple has unveiled a long-awaited upgrade to Siri, aiming to close the gap with technology rivals and emerging artificial intelligence firms in an increasingly competitive market.
ChatGPT maker OpenAI has confidentially filed for a U.S. initial public offering (IPO), the company said on Monday, joining rival Anthropic in a race to the stock market as investors seek exposure to the artificial intelligence boom.
Chinese carmakers are rapidly reshaping the global automotive market, with record exports, soaring electric vehicle sales and growing investments overseas putting pressure on established European, Japanese and U.S. rivals.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
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