For the first time ever, track and field gold medalists in the Paris Olympics will receive $50,000 prize money despite resistance from critics who claimed that it would undermine the spirit of the games.

The Aurea Group and several investors are expected to acquire The Body Shop after it announced its bankruptcy earlier this year.

We live in a time when digital connectivity is no longer a luxury but a necessity, which means access to reliable digital infrastructure is more important than ever before. Yet, millions of people across the globe, particularly in remote and underserved communities, continue to face significant barriers to accessing high-speed internet. This digital divide hinders educational advancements, limits healthcare access, and impedes economic growth. In response to this global problem, Greensparc, a company that provides edge infrastructure-as-a-service (IaaS), uses sustainable micro-data centers to close the connectivity gap.

HSBC announced that Georges Elhedery, its chief financial officer, will become the firm’s next CEO effective Sept. 2.

The first day of Amazon's Prime Day event in the U.S. saw $7.2 billion in online sales, surpassing expectations and marking an 11.3% increase from the previous year.

Shares of pharmaceutical companies Novo Nordisk and Eli Lilly slid after Roche announced results from a promising early-stage trial for its proposed obesity drug.

Netflix reported its slowest subscriber growth in five quarters, adding only 4.82 million new subscribers from April to June, down from 9.3 million in the previous quarter, largely due to a crackdown on password sharing.

Investigations are underway into Chinese companies accused of conducting illegal pregnancy tests on job applicants, which contradicts national efforts to address low birth rates.

Elon Musk made his intention to move the headquarters of his companies SpaceX and X, formerly Twitter, from California to Texas after California Governor Gavin Newsom signed a transgender rights law.

A German court sentenced a businessman to six years and nine months in prison for illegally exporting electronic components to Russian firms involved in the production of military equipment.