Business and Economy
Mining giants Vale, BHP propose $25 bn settlement over Brazil dam collapse
AFP - 14m ago
Mining giants Vale and BHP have proposed paying a nearly $25 billion settlement over a 2015 dam collapse in Brazil that …
Full Story »
G7 reportedly agrees end date for coal-fired power plants
AFP - 54m ago
G7 energy ministers have agreed a time frame for phasing out coal-fired power plants, a British minister said Monday, as …
Full Story »
US stocks rise on tech outlook as yen rebounds
AFP - 1h ago
The yen rebounded Monday from a 34-year low against the dollar after what some traders speculate could have been the …
Full Story »
Philips settles US sleep machine cases for $1.1 billion
AFP - 1h ago
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal to settle US lawsuits over faulty …
Full Story »
Tesla wins key China security clearance during Musk visit
AFP - 2h ago
Tesla received a key security clearance from China during owner Elon Musk's whistlestop visit to the world's biggest …
Full Story »
EU says Apple iPad operating system to face stricter rules
AFP - 5h ago
The EU on Monday said Apple's operating system for iPads must comply with tougher new rules that Brussels is imposing to …
Full Story »
Yen swings after hitting new 34-year low; stocks mixed
AFP - 2h ago
The yen swung in volatile trade Monday as it rebounded soon after hitting a 34-year low against the dollar, fuelling …
Full Story »
Yen swings after hitting new 34-year low, stocks rally
AFP - 2h ago
The yen swung in volatile trade Monday as it surged soon after hitting a fresh 34-year low against the dollar, fuelling …
Full Story »
Blackstone strikes chord with $1.6 bn bid for UK music firm
AFP - 9h ago
Struggling UK music rights owner Hipgnosis Songs Fund agreed Monday to an improved $1.6-billion takeover from US private …
Full Story »
Musk leaves Beijing after Tesla wins key China security clearance
AFP - 47m ago
Tesla boss Elon Musk boarded a plane departing Beijing on Monday, after a whistlestop China visit during which the firm …
Full Story »
Yen rebounds after hitting 34-year low past 160 per dollar
AFP - 11h ago
The yen surged after diving to a new 34-year low past 160 per dollar on Monday as a forecast-beating US inflation …
Full Story »
Climate change, Brexit threaten to wilt Dutch tulips
AFP - 12h ago
Arjan Smit gazes out over his tulip fields, a riot of red and pink flowers he has cultivated all his adult life and part …
Full Story »
Yen sinks to 34-year low past 160 per dollar
AFP - 1h ago
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented …
Full Story »
Yen slides to fresh 34-year low against dollar, stocks rally
AFP - 2h ago
The yen slumped to a fresh 34-year low against the dollar on Monday, fuelling expectations Japanese authorities would …
Full Story »
France moves to acquire key activities of tech giant Atos
Apr 28 2024
French Finance Minister Bruno Le Maire on Sunday said he had moved to acquire the "sovereign activities" of debt-laden …
Full Story »
Tesla CEO Musk meets China's number two official in Beijing
Apr 28 2024
Tech billionaire and Tesla CEO Elon Musk met in Beijing on Sunday with China's number two official, Premier Li Qiang, …
Full Story »
Host Saudi tells global economic summit the world has failed Gaza
Apr 28 2024
Saudi Arabia on Sunday said the international community has failed Gaza and reiterated its call for a Palestinian state …
Full Story »
Pope holds mass in Venice's St Mark's, first trip in months
Apr 28 2024
Pope Francis presided over mass in Saint Mark's Square in Venice on Sunday, warning of environmental damage and …
Full Story »
Host Saudi warns of economic fallout from Gaza war at global summit
Apr 28 2024
Saudi Arabia on Sunday called for regional "stability", warning of the effects of the ongoing Israel-Hamas war on global …
Full Story »
Tesla CEO Elon Musk in China for talks
Apr 28 2024
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to …
Full Story »
US Fed to meet amid dwindling hopes of summer rate cuts
Apr 28 2024
The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a …
Full Story »
TikTok creators fear economic blow of US ban
Apr 28 2024
Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those …
Full Story »
Gaza set to dominate Saudi-hosted global economy summit
Apr 28 2024
The war in Gaza and broader Middle East tensions are expected to get top billing at a Saudi-hosted special meeting of …
Full Story »
Olympic deal shows bubbling market for zero-alcohol beers
Apr 27 2024
For the first time this summer, as sportswomen and men strive for victory in Paris, spectators will be able to sip the …
Full Story »
Rating agencies doubt France's target to cut massive debt
Apr 26 2024
Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the …
Full Story »
US stocks rebound on tech earnings, London hits new record
Apr 26 2024
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of …
Full Story »
Daimler Truck braces for possible strike in 3 southern US states
Apr 26 2024
Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a potential strike as labor …
Full Story »
US oil giants' profits dip as Exxon deal nears finish line
Apr 26 2024
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but …
Full Story »
France, Germany sign deal on 'tank of the future'
Apr 26 2024
France and Germany on Friday firmed up plans to jointly develop a next-generation battle tank equipped with artificial …
Full Story »
Man City's Premier League charges to be resolved in 'near future'
Apr 26 2024
Premier League chief executive Richard Masters on Friday revealed the case against Manchester City for alleged financial …
Full Story »
US Fed's favored inflation measure accelerates, dimming rate cut hopes
Apr 26 2024
The US central bank's favored measure of inflation accelerated last month, according to government data published …
Full Story »
EU toughens safety rules for online retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are big …
Full Story »
London stocks hit new record peak on takeovers
Apr 26 2024
London's stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching …
Full Story »
EU toughens safety rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
Full Story »
EU toughens rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
Full Story »
Cybersecurity firm Darktrace accepts $5 bn takeover
Apr 26 2024
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma …
Full Story »
Kenyan rugby player turned TikTok star cooks to fight depression
Apr 26 2024
"Done!" -- the catchphrase punctuating former rugby player Dennis Ombachi's cooking videos is as famous as the balcony …
Full Story »
Yen falls further as Bank of Japan stands pat on rates
Apr 26 2024
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, …
Full Story »
Asian markets mixed as strong US tech earnings offset poor data
Apr 26 2024
Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a …
Full Story »
Clean energy drives massive BHP takeover bid
Apr 26 2024
BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and …
Full Story »
China's EV execs bullish on Western pressure at Beijing car show
Apr 26 2024
Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price …
Full Story »
Miner Anglo American rejects BHP's $38.8 billion takeover bid
Apr 26 2024
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival …
Full Story »
Rescue pup to meme star: the real-life 'Dogecoin' dog
Apr 26 2024
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and …
Full Story »
ByteDance says 'no plans' to sell TikTok after US ban law
Apr 26 2024
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest …
Full Story »
Weak yen pressures Bank of Japan rate decision
Apr 26 2024
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the …
Full Story »
End of the road? Philippine jeepneys face uncertain future
Apr 26 2024
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles …
Full Story »
Japan anime studio draws on talent of autistic artists
Apr 26 2024
Diagnosed with autism, Shoko Sakuma says she struggled working in accounting but now she is putting her childhood love …
Full Story »
Snap shares pop after revenue tops expectations
Apr 26 2024
Shares in social media company Snap, which runs the youth-focused Snapchat, soared nearly 25 percent on Thursday after …
Full Story »
Oil: 'Mother of corruption' in Venezuela
Apr 26 2024
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' …
Full Story »
Microsoft expands its AI empire abroad
Apr 26 2024
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial …
Full Story »
United by grief, families of Boeing crash victims demand justice
Apr 26 2024
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash …
Full Story »
Microsoft, Google earnings shine as AI drives revenue
Apr 25 2024
Microsoft and Google on Thursday drubbed quarterly earnings expectations as the tech titans continued investing heavily …
Full Story »
Stocks fall as tech shares sink, US economy slows
Apr 25 2024
London's stock market bucked the trend in reaching another record high on Thursday, but Wall Street and eurozone …
Full Story »
Google parent Alphabet's Q1 profits beat estimates: company
Apr 25 2024
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, …
Full Story »
2 million bottles of Perrier ordered destroyed by French agency
Apr 25 2024
Perrier destroyed two million bottles of its famous sparkling water suspected of being contaminated with "faecal" …
Full Story »
US to give Micron $6.1 bn for American chip factories
Apr 25 2024
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in …
Full Story »
DR Congo accuses Apple of using 'blood minerals' from war-torn east
Apr 25 2024
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted …
Full Story »
Strong pricing boosts Caterpillar profits
Apr 25 2024
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, …
Full Story »
'Extreme' climate blamed for world's worst wine harvest in 62 years
Apr 25 2024
World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of "extreme" …
Full Story »
Biden targets fossil fuel power sector with tough new carbon rules
Apr 25 2024
The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their …
Full Story »
Tourism must change, mayor says as Venice launches entry fee
Apr 25 2024
Venice's mayor hailed Thursday the smooth launch of a trial of entry fees for day visitors despite protests by …
Full Story »
Honda announces US$11 bn EV battery and vehicle plant in Canada
Apr 25 2024
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion …
Full Story »
American Airlines confirms 2024 forecast despite Q1 loss
Apr 25 2024
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier …
Full Story »
BHP launches $38.8 billion takeover bid for rival Anglo American
Apr 25 2024
Australian mining giant BHP said Thursday it has made a $38.8 billion takeover bid for British rival Anglo American, a …
Full Story »
Thousands of flights scrapped as French air traffic controllers strike
Apr 25 2024
Thousands of flights were cancelled in France and Europe on Thursday as a strike by French air traffic controllers over …
Full Story »
US economic growth slows significantly in first quarter
Apr 25 2024
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending …
Full Story »
BTS agency files complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS on Thursday filed a legal complaint against its powerhouse …
Full Story »
Nestle sales slump on weak North America demand for frozen food
Apr 25 2024
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak …
Full Story »
Turkey central bank holds key interest rate steady
Apr 25 2024
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's …
Full Story »
Residents protest as Venice launches five-euro entry fee
Apr 25 2024
Venice on Thursday began charging day-trippers for entry, a world first aimed at tackling mass tourism but opposed by …
Full Story »
Car giants vie for EV crown at Beijing's Auto China show
Apr 25 2024
Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show …
Full Story »
Five things we learned at the China Auto Show
Apr 25 2024
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their …
Full Story »
Labour pledges to renationalise UK railways
Apr 25 2024
Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five …
Full Story »
US announces sweeping cuts to power sector carbon emissions
Apr 25 2024
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's …
Full Story »
London stocks hit new record on blockbuster mining takeover bid
Apr 25 2024
The London stock market smashed another record peak Thursday after British mining titan Anglo American received a …
Full Story »
BTS agency to file complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS said Thursday it will file a legal complaint against its powerhouse …
Full Story »
Asian markets mixed as global rally stalls, eyes on yen
Apr 25 2024
Equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning …
Full Story »
The Myanmar 'water brothers' salvaging shipwrecks on the tide
Apr 25 2024
Diving into the darkness of the Yangon River, Than Nyunt starts another murky sortie in his months-long mission to …
Full Story »
As 'news deserts' spread, US journalism fights on
Apr 25 2024
Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance by …
Full Story »
Tough times for Argentine factories as consumers penny-pinch
Apr 25 2024
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking …
Full Story »
Strong fleet sales offset electric losses at Ford
Apr 24 2024
Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed …
Full Story »
Meta profits soar but costs of AI cause worry
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of …
Full Story »
Meta sees profits soar in first quarter
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar …
Full Story »
Mired in crisis, Boeing reports another loss
Apr 24 2024
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety …
Full Story »
TikTok to fight US ban law in courts
Apr 24 2024
TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app …
Full Story »
France's Casino supermarket chain to axe up to 3,200 jobs
Apr 24 2024
French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation …
Full Story »
Mass cancellations loom despite French air union cancelling strike
Apr 24 2024
Hundreds of flights were cancelled at French airports Thursday despite the country's main air traffic controllers' union …
Full Story »
TikTok suspends rewards programme after EU probe
Apr 24 2024
TikTok on Wednesday announced the suspension of a feature in its spinoff TikTok Lite app in France and Spain that …
Full Story »
Germany nudges up growth forecast, ailing economy at 'turning point'
Apr 24 2024
The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs Europe's …
Full Story »
EU opens probe into China's medical device market
Apr 24 2024
The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation …
Full Story »
Italy fines Amazon over 'recurring' purchase option
Apr 24 2024
Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for …
Full Story »
German forecast to offer signs if ailing economy on the mend
Apr 24 2024
The German government is expected to raise its latest growth forecasts on Wednesday as Europe's crisis-hit top economy …
Full Story »
Malaysian airline mogul Fernandes delays retirement
Apr 24 2024
Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief …
Full Story »
Heineken beer sales pop but hazy days ahead
Apr 24 2024
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and …
Full Story »
Asian stocks rise on earnings optimism as US data approaches
Apr 24 2024
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, …
Full Story »
Chinese sellers go to TikTok school to reach buyers abroad
Apr 24 2024
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform …
Full Story »
China, future HQ: New ASML boss faces bulging in-tray
Apr 24 2024
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of …
Full Story »
Tesla profits tumble but shares rise on new vehicle plan
Apr 23 2024
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but …
Full Story »
US markets rise for second straight day as sentiment improves
Apr 23 2024
US stocks rose for a second straight session in New York Tuesday, building on the prior day's momentum following a round …
Full Story »
Starbucks set for talks with unionized US stores
Apr 23 2024
Starbucks is set to hold talks with labor representatives from stores that have voted to unionize in a key step towards …
Full Story »
'Harvesting data': Latin American AI startups transform farming
Apr 23 2024
For centuries, farmers used almanacs to try to understand and predict weather patterns.
Full Story »
French police union threatens to disrupt Olympics relay
Apr 23 2024
A French police trade union threatened Tuesday to disrupt the Olympics torch relay ahead of the start of the Paris Games …
Full Story »
Will sanctions easing reboot Venezuela's oil industry?
AFP - 1h ago
On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a …
Full Story »
FAA recommends inspections for more Boeing models
AFP - 1h ago
The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a …
Full Story »
Musk visits Auschwitz and defends record on anti-Semitism
AFP - 2h ago
Elon Musk on Monday took part in what he called an "incredibly moving" tour of Auschwitz and defended his X platform …
Full Story »
French farmers meet with PM after threatening more protests
AFP - 3h ago
France's powerful farming unions on Monday met with Prime Minister Gabriel Attal after threatening the government with a …
Full Story »
Imane Ayissi brings African tradition to Paris couture
AFP - 3h ago
Imane Ayissi is on a mission to put authentic African textiles in the spotlight but faces an uphill battle as a pioneer …
Full Story »
Wall Street smashes records as tech earnings boost confidence
AFP - 3h ago
Stocks moved higher in the US and Europe on Monday, with both the Dow and the S&P 500 building on record gains seen …
Full Story »
Africa in debt spiral as restructuring efforts drag on
AFP - 3h ago
While the explosion of debt is throwing a shadow over global economic growth, experts warn that sub-Saharan Africa, …
Full Story »
'It makes me sad': Gloomy times for Argentine vacationers
AFP - 5h ago
They are few, tight-fisted and downcast. This year's trickle of Argentine vacationers to a popular Atlantic beach resort …
Full Story »
Stocks advance as optimism for US economic outlook grows
AFP - 2h ago
Stocks rose in Europe and on Wall Street on Monday, lifted by expectations the US economy will shake off geopolitical …
Full Story »
South African miners see gold in hills of waste
AFP - 6h ago
In Johannesburg, illegal miners and mining companies are in a race to tap golden riches hidden in hundreds of heaps of …
Full Story »
Musk visits Auschwitz and will address anti-Semitism online in Poland
AFP - 4h ago
Elon Musk visited Auschwitz and was due to address anti-Semitism online at an event in Poland on Monday just weeks after …
Full Story »
Europe stocks advance on record-busting Wall Street
AFP - 2h ago
Europe's top stock markets rose Monday as investors eyed a record tech-driven rally on Wall Street before the weekend …
Full Story »
Musk to address anti-Semitism online in Poland
AFP - 4h ago
Billionaire entrepreneur Elon Musk was Monday due to address anti-Semitism online at an event in Poland just weeks after …
Full Story »
Sony 'terminates' Indian merger with Zee
AFP - 12h ago
Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that …
Full Story »
Markets mixed after Wall St record as China worries weigh
AFP - 3h ago
Stock markets were mixed Monday following a record finish on Wall Street, while hopes for an early US interest rate cut …
Full Story »
ECB to signal no rush to cut interest rates
AFP - 36m ago
European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no …
Full Story »
Wanted crypto boss Do Kwon's Terraform files for US bankruptcy
AFP - 10h ago
South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking …
Full Story »
Fit at 40: the revolutionary Apple Mac in numbers
AFP - 18h ago
Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a …
Full Story »
Most Asian markets rise after Wall St record
AFP - 5h ago
Most Asian markets rose Monday following a record finish on Wall Street, but hopes for an early US interest rate cut …
Full Story »
Mac computers could ride AI wave or be left behind
AFP - 18h ago
Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI …
Full Story »
France's politicians woo the country's angry farmers
Jan 21 2024
France's new Prime Minister Gabriel Attal paid tribute to the country's agriculture sector this weekend, responding to …
Full Story »
Fire breaks out at Russian gas terminal near St Petersburg
Jan 21 2024
A blaze at a natural gas terminal in the Baltic Sea port of Ust-Luga on Sunday was caused by an "external factor", said …
Full Story »
Tunnel vision: subterranean London to become tourist hub?
Jan 21 2024
A battle is brewing over plans to turn so-called spy tunnels beneath central London into "one of the world's most unique …
Full Story »
ArcelorMittal wants 'amicable' deal on Italy steelworks
Jan 20 2024
ArcelorMittal has offered to sell its stake or become a minority shareholder in an Italian steelworks after Rome moved …
Full Story »
TSMC to launch chipmaking plant in Japan, but US plant to face delays
Jan 20 2024
Taiwan's TSMC will open its latest chipmaking foundry on Japan's Kyushu island on February 24, but a plant in the United …
Full Story »
US space company upbeat on next Moon mission despite lander's demise
Jan 19 2024
The head of the American space company whose lunar lander failed this week in its mission to reach the Moon expressed …
Full Story »
Sports Illustrated magazine lays off staff
Jan 19 2024
Staff at Sports Illustrated, the famed American sports magazine that became a fixture for athletes and fans, were laid …
Full Story »
LA Times staff walk out over job cut threats
Jan 19 2024
Unionized journalists at the Los Angeles Times walked off the job Friday for the first time in the paper's 142-year …
Full Story »
US tech stocks lead Wall Street rally as S&P 500 posts new record
Jan 19 2024
Wall Street stocks rallied Friday, with the tech sector logging major gains while the Dow and broad-based S&P 500 hit …
Full Story »
US Fed official says 'premature' to expect rate cuts soon
Jan 19 2024
The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the …
Full Story »
Boeing 747 cargo plane makes emergency landing in Miami
Jan 19 2024
An Atlas Air Boeing 747 cargo plane made an emergency return to Miami International Airport following an engine problem …
Full Story »
Tata Steel axes UK jobs as industry forges 'greener' future
Jan 19 2024
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced on Friday, as the industry struggles to finance …
Full Story »
In Davos, African nations want to tell a different story
Jan 19 2024
From South Africa to Rwanda to Nigeria, African countries put on a show of force at the World Economic Forum this week, …
Full Story »
ING targeted in new Dutch climate legal case
Jan 19 2024
The Dutch climate activists who won an historic court battle against Shell now have a new target -- top Dutch bank ING.
Full Story »
US tech stocks help Wall Street flirt with records
Jan 19 2024
Wall Street was higher for the second day running on Friday as a rally in tech stocks took US indexes to near record …
Full Story »
Ford to cut production of electric pickup on lower demand
Jan 19 2024
US auto giant Ford said Friday that it is reducing production of its F-150 Lightning electric pickup, as it anticipates …
Full Story »
US existing home sales fall to lowest level since 1995
Jan 19 2024
US existing home sales fell in the final month of 2023, ending a tough year for real estate as full-year sales hit the …
Full Story »
Eiffel Tower topped pre-Covid visitor numbers in 2023
Jan 19 2024
The Eiffel Tower in Paris welcomed 6.3 million visitors last year, its management company said Friday, more than came in …
Full Story »
Apple ready to open iPhone tap-to-pay to rivals -- in the EU
Jan 19 2024
Apple is prepared to open the iPhone's ability to tap-to-pay to rivals -- in the EU -- after coming under fire for …
Full Story »
Wall Street opens higher but European stocks lag
Jan 19 2024
Wall Street opened higher as tech stocks continued their recovery, but European shares were weighed down by concerns …
Full Story »
In Davos, AI excitement persists but fears over managing risks
Jan 19 2024
Walking around in Davos where the global elites gathered for the World Economic Forum this week, there were two …
Full Story »
Tata Steel axes UK jobs as industry forges green future
Jan 19 2024
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry struggles to finance greener …
Full Story »
Davos free-trade champions fret over war, climate
Jan 19 2024
After Covid and the war in Ukraine, free-trade boosters in Davos fretted over a new bout of turmoil in global supply …
Full Story »
Tata Steel says to cut up to 2,800 UK jobs
Jan 19 2024
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener …
Full Story »
Tens of thousands sign up for French electric car leasing scheme
Jan 19 2024
The French government has been flooded with applications from low-income households to lease a subsidised electric car …
Full Story »
Markets track Wall St rally but China worries cast shadow
Jan 19 2024
Europe's main stock markets rose Friday after a tech-led Wall Street rally, but Asia was dented by China's economic woes …
Full Story »
Economic outlook keeps investors wary on Nigeria
Jan 19 2024
Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa's …
Full Story »
Indian tycoon Adani bets big on vast solar and wind plant
Jan 19 2024
Deep in the desert along the border with Pakistan, India's most controversial billionaire is building the world's …
Full Story »
Japan inflation slows to 2.3 percent in December as energy bills drop
Jan 19 2024
Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed …
Full Story »
Asian markets track Wall St higher after tech surge
Jan 19 2024
Asian markets mostly rose Friday following a tech-led rally on Wall Street that helped soothe traders' concerns that the …
Full Story »
In Davos, an Australian mining boss presses industries to go green
Jan 19 2024
Andrew Forrest, a blunt Australian billionaire who made his fortune in iron ore mining, stood out among the heads of …
Full Story »
Japan inflation slows in December as energy bills drop
Jan 19 2024
Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed …
Full Story »
Global stocks rebound as tech snaps losing streak
Jan 18 2024
Global stocks rebounded Thursday in choppy trade as investors assessed the outlook for interest rates and tech giants …
Full Story »
Meta joins rivals in pursuit of human-level AI
Jan 18 2024
Meta CEO Mark Zuckerberg on Thursday said his company is joining the pursuit of creating super artificial intelligence, …
Full Story »
France orders rare Atlantic fishing ban to protect dolphins
Jan 18 2024
The French government will temporarily ban almost all commercial fishing in the Bay of Biscay to protect dolphins, much …
Full Story »
Electric cars jolt Europe sales for 2023
Jan 18 2024
New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an …
Full Story »
Stocks rebound from sharp losses
Jan 18 2024
Global stocks rebounded Thursday in choppy trade as investors assessed the outlook for interest rates after the previous …
Full Story »
Tata Steel to cut 3,000 jobs in Wales: source
Jan 18 2024
Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry …
Full Story »
Just Eat to halt Paris subsidiary employing riders on contracts
Jan 18 2024
The Anglo-Dutch group Just Eat Takeaway said Thursday that it would wind up its Paris subsidiary that employs riders on …
Full Story »
Stocks attempt rebound from sharp losses
Jan 18 2024
Global stocks attempted to rebound Thursday in choppy trade as investors assessed the outlook for interest rates after …
Full Story »
Google CEO warns of more layoffs
Jan 18 2024
Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on …
Full Story »
European equities attempt rebound from sharp losses
Jan 18 2024
Europe's major stock markets rose Thursday in choppy trade after a largely upbeat Asian session, as investors assessed …
Full Story »
Ukraine's forensics experts trace foreign origins of Russian arms
Jan 18 2024
At a research facility in Kyiv, forensic experts pore over the wreckage of missiles, working to confirm that despite …
Full Story »
Meta's Sheryl Sandberg to step down from board
Jan 18 2024
Meta's former chief operating officer, Sheryl Sandberg, announced that she is leaving the company's board after more …
Full Story »
India's Akasa Air orders 150 Boeing planes: CEO
Jan 18 2024
India's newest airline, Akasa Air, said Thursday it has ordered 150 Boeing 737 MAX planes as it looks to bolster its …
Full Story »
Taiwan's TSMC to launch Japan chipmaking plant in February
Jan 18 2024
Taiwan's TSMC will open its latest chipmaking foundry on Japan's Kyushu island on February 24, its chairman said …
Full Story »
Markets swing on dimming rate cut hopes, weak China outlook
Jan 18 2024
Asian and European stocks were mixed Thursday after another dour day across global markets fuelled by a sense of …
Full Story »
IMF grants Kenya new $941 million loan
Jan 18 2024
The International Monetary Fund said it has granted Kenya a new loan of more than $941 million to help buttress the …
Full Story »
Apple loosens grip on iPhone apps - with a catch
Jan 18 2024
After a years-long legal battle, Apple says it will begin allowing iPhone app developers to use alternative payment …
Full Story »
Apple hit again with US ban in watch patent feud
Jan 18 2024
A federal appeals court on Wednesday ordered Apple to halt US sales of its latest smartwatch models as part of a patent …
Full Story »
West Bank economy in tatters as Gaza war rages
Jan 18 2024
In the occupied West Bank, Hafeth Ghazawneh waits in quiet frustration for customers to visit his falafel stall, which …
Full Story »
US Supreme Court appears inclined to rein in federal agencies
Jan 17 2024
The conservative-leaning US Supreme Court on Wednesday appeared inclined to weaken the power of federal agencies, which …
Full Story »
Samsung turns to AI to regain smartphone throne
Jan 17 2024
Samsung on Wednesday released its latest Galaxy smartphones with new artificial intelligence features as the South …
Full Story »
Economic headwinds blow stocks lower around the world
Jan 17 2024
Global stocks moved lower on Wednesday as stronger than expected US retail sales data dimmed investors' hopes for an …
Full Story »
Layoffs at music outlet Pitchfork as Conde Nast merges it with GQ
Jan 17 2024
Conde Nast is merging the popular digital music publication Pitchfork with the men's magazine GQ, a decision that has …
Full Story »
US business 'optimistic' about interest rates cuts: Fed
Jan 17 2024
US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have …
Full Story »
Argentina's Milei calls socialism a 'danger' for West at Davos
Jan 17 2024
Argentina's libertarian new President Javier Milei slammed socialism as a threat to the West in a fiery speech to global …
Full Story »
European crew poised for private mission to International Space Station
Jan 17 2024
An all-European crew including Turkey's first astronaut are poised to blast off to the International Space Station in a …
Full Story »
Economic headwinds blow stocks, oil lower
Jan 17 2024
Global stocks and oil prices moved lower on Wednesday as investors fretted over weak Chinese growth data and an …
Full Story »
Argentina's Milei calls socialism a 'danger' for West
Jan 17 2024
Argentina's libertarian new President Javier Milei slammed the threat to the West posed by socialism at the meeting of …
Full Story »
Heavy snow, freezing rain hobble European travel
Jan 17 2024
Severe winter weather in northern Europe prompted the cancellation of hundreds of flights Wednesday at Frankfurt …
Full Story »
Stocks, oil prices slump on economic headwinds
Jan 17 2024
Stocks opened lower on Wall Street Wednesday, following declines in oil and European stocks as investors fretted over …
Full Story »
Trade barriers can slow energy transition: IEA chief
Jan 17 2024
Trade barriers can slow the world's energy transition but commerce also needs to be fair, International Energy Agency …
Full Story »
US retail sales beat expectations in December to wrap solid year
Jan 17 2024
US retail sales accelerated more than anticipated in December, closing out a year marked by resilient consumption, …
Full Story »
UK inflation in shock rise, dashing rate cut hopes
Jan 17 2024
British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an early cut to UK …
Full Story »
BP picks new CEO following Looney sacking
Jan 17 2024
British oil giant BP on Wednesday named veteran employee Murray Auchincloss as chief executive officer following a …
Full Story »
Kerry says to work on climate after exiting envoy role
Jan 17 2024
Veteran US diplomat and politician John Kerry said Wednesday he planned to keep working to address climate change …
Full Story »
Argentina's 'anarcho-capitalist' president descends on Davos
Jan 17 2024
Argentina's self-styled "anarcho-capitalist" leader, Javier Milei, will address the global elite in Davos on Wednesday …
Full Story »
China sees one of its worst years of growth since 1990 as recovery stalls
Jan 17 2024
China's economy last year grew at one of its slowest rates in more than three decades, official figures showed …
Full Story »
Markets fall on dimming rate cut hopes, China's torpid growth
Jan 17 2024
Asian markets fell further Wednesday as hopes for an early interest rate cut by key central banks faded and data …
Full Story »
Google eliminates hundreds of jobs in ad team tweak
Jan 17 2024
Google on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use …
Full Story »
Stock slide on rate cut expectations, Middle East uncertainty
Jan 16 2024
Stock markets mostly fell as investors continued to roll back expectations of lower interest rates, even as they juggled …
Full Story »
US judge blocks JetBlue-Spirit airlines merger
Jan 16 2024
A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying …
Full Story »
Apple ends Samsung's 12-year run as world's top smartphone seller
Jan 16 2024
Apple's iPhone for the first time became the world's biggest selling smartphone after rival Samsung's 12-year run as …
Full Story »
US judge blocks JetBlue-Spirit airline merger
Jan 16 2024
A US federal judge on Tuesday ruled against JetBlue's $3.8 billion takeover of low-cost carrier Spirit Airlines, saying …
Full Story »
US strikes Yemen again as rebels attack Greek cargo ship
Jan 16 2024
US forces carried out fresh strikes on Yemen Tuesday, an American official said, as the Iran-backed Huthi rebels claimed …
Full Story »
US Fed 'within striking distance' of inflation target: official
Jan 16 2024
The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting …
Full Story »
Epic says Apple court fight is 'lost'
Jan 16 2024
The CEO of Fortnite-maker Epic Games said Tuesday the company's court battle to open up Apple's iPhone to alternative …
Full Story »
Yemen rebels claim missile strike on Greek cargo ship
Jan 16 2024
Yemen's Iran-backed Huthi rebels on Tuesday claimed a missile strike on a Greek-owned cargo ship in the Red Sea, the …
Full Story »
Ryanair boss says reassured by Boeing on 737 MAX safety
Jan 16 2024
Ryanair on Tuesday welcomed improved quality controls at US aircraft manufacturer Boeing and announced its own enhanced …
Full Story »
In Davos, Chinese premier takes aim at trade 'barriers'
Jan 16 2024
Chinese Premier Li Qiang told the world's political and business elites in Davos on Tuesday that "discriminatory" trade …
Full Story »
Goldman Sachs profits jump on strong equity trading
Jan 16 2024
Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset …
Full Story »