Kraft Heinz CEO: Inflation and supply shortages are here to stay for a while

Kraft Heinz CEO Miguel Patricio says higher inflation and supply issues are coursing through the food industry, forcing companies to adopt new strategies for everything from production to promotion to packaging.


London-based TV channel sparks Iranian leaders' ire amid protests

A top Iranian military official issued a warning to Saudi Arabia last week as his government continued to face off against protesters at home. "You are involved in this matter and know that you are vulnerable, it is better to be careful," he said at the sidelines of a military drill.


EU formally adopts law requiring Apple to support USB-C chargers

A landmark law requiring Apple and other electronics makers to adopt USB-C as a universal charging standard in the European Union has cleared its final procedural hurdle, after EU member states voted to approve the legislation on Monday.


She grew up during Iran's Islamic revolution. Today, artist Marjane Satrapi feels conflicted her memoir is 'more accurate than ever'

Iranian-French artist Marjane Satrapi was 10 when wearing the veil became compulsory at the non-religious, French-speaking school she attended in Tehran. Previously, boys and girls were taught together, but she was soon also separated from her male friends in the name of a cultural revolution instigated by revolutionary leader Ayatollah Ruhollah Khomeini.


Arshad Sharif, prominent journalist who fled Pakistan, killed in shooting in Kenya

Arshad Sharif, a prominent Pakistani journalist who fled the country after he was charged with sedition, has died in Kenya after he was shot by police responding to reports of a stolen vehicle, authorities said.


Hong Kong stocks plunge 6% as fears about Xi's third term trump China GDP data

China released stronger-than-expected GDP and other economic data on Monday, just a day after Xi Jinping clinched a historic third term in power following the conclusion of a major political gathering.


New UK prime minister faces huge economic challenges as well as messy politics

Britain's third prime minister in seven weeks will face the huge challenge of projecting stability after a period of historic political and financial market chaos. But their other task — shepherding the country through a recession — is poised to be just as daunting.


The economy may be in better shape than you think — for now

The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains volatile. And inflation continues to be a major problem for people trying to pay their bills.


Tesla's stock sinks after cutting prices on cars in China

Tesla has cut starting prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a trend of increases across the industry amid signs of softening demand in the world's largest auto market.


UN torture prevention body suspends Australia tour due to lack of cooperation

The United Nations Subcommittee on the Prevention of Torture (SPT) suspended its tour of Australian prisons on Sunday, citing a lack of cooperation from officials who denied them access to some detention facilities.