US Treasury Secretary Scott Bessent said Sunday that President Donald Trump could speak with China's Xi Jinping "very soon," and that such a call could help break the logjam in the trade talks between the world's two biggest economies. On when a Trump-Xi call could take place, Bessent said: "I believe we will see something very soon."
South Korea will triple spending on artificial intelligence and make its biggest defence budget increase in six years, President Lee Jae Myung said Tuesday in his annual parliamentary budget speech. Lee noted on Tuesday that South Korea already spends "1.4 times North Korea's annual GDP" on defence alone and is "ranked fifth in global military strength".
Cement group Lafarge goes on trial in France Tuesday, accused of paying the Islamic State group and other jihadists protection money to build its business in war-torn Syria.
Starbucks announced Monday it will sell a controlling stake in its Chinese retail operations to investment firm Boyu Capital in a deal valuing the business at around $4 billion.
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