BEIJING — Chinese President Xi Jinping may not have been able to stop Nancy Pelosi’s visit to Taiwan, but he ordered his country’s military to rehearse a much more aggressive step: a blockade crucial to taking the island by force, security experts say. Read More
BEIRUT — The first grain ship to leave a Ukrainian port under a deal brokered last month will not arrive in Lebanon on Sunday as planned, the Ukrainian embassy in Lebanon said. Read More
DUBAI — Kuwait’s Agility, one of the largest Gulf logistics companies, said on Sunday it had signed a new credit facility of 1.4 billion euros. Read More
BOGOTA — Gustavo Petro will on Sunday become Colombia’s first leftist president, elected by voters who hope he can carry out ambitious social and economic reforms meant to reduce violence and deep inequality in the polarized Andean country. Read More
TORONTO — The moderation of the Greater Toronto Area’s housing market intensified last month as the region’s real estate board found July sales fell 47 per cent from the same time last year and 24 per cent from this past June. Read More
TORONTO — Home prices in the Greater Toronto Area (GTA) fell for the fifth straight month in July, as rapidly rising interest rates further doused the city’s once-red-hot housing market, data from the Toronto Regional Real Estate Board (TRREB) showed on Thursday. Read More
(Bloomberg) — Commerzbank AG warned that Germany could face a slump similar to the contraction seen after the 2008 financial crisis if Russia were to cut off gas supplies. Read More
TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for its games, although its console sales were dented by a shortage of semiconductors. Read More
Boeing Co faced added uncertainty over crucial plane deliveries to China on Wednesday as a visit to Taipei by U.S. House of Representatives Speaker Nancy Pelosi angered Beijing and risked stoking Sino-U.S. trade tensions. Read More
(Bloomberg) — Shell Plc has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs. Read More