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Alibaba Announces Surprise Departure Of Ex-CEO

Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.

US Confirms April Seizure Of Iran Oil Shipment

The United States confirmed Friday that it seized a tanker load of Iranian oil in April, just before Iran seized two vessels in the Gulf region, in the Justice Department's first official statement on the incident.

World Falling Dangerously Short Of Climate Goals: UN

A world facing catastrophic climate change is perilously off course in meeting goals for slashing carbon pollution and boosting finance for the developing world, according to the UN's first official progress report out Friday.

'Historic' EU-Mid East-India Trade Plan Launched

A broad alliance of states on Saturday unveiled ambitious plans to create a modern-day Spice Route linking Europe, the Middle East and India, boosting trade ties with potentially wide-ranging geopolitical implications.

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