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Nvidia CEO disappointed over China chip ban report
Nvidia chief executive Jensen Huang on Wednesday said he was disappointed by a report that Beijing has barred major Chinese tech companies from buying his company's world-leading chips, a crucial component in the generative AI revolution.
Man Utd post sixth straight annual loss despite record revenues
Manchester United on Wednesday reported an annual net loss for the sixth consecutive year despite record revenues of £666.5 million ($910 million).
AI may boost global trade value by nearly 40%: WTO
Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and productivity gains, the World Trade Organization said Wednesday.
Germany's Merz vows 'autumn of reforms' in turbulent times
Germany will need sweeping change to remain free and prosperous, Chancellor Friedrich Merz warned Wednesday, calling on the country to unite in the face of Russian aggression, economic woes and rising extremism.
EU says India's Russian oil purchases, military drills hinder closer ties
India's participation in military exercises with Moscow and its purchases of Russian oil "stand in the way of closer ties" with the EU, the bloc's top diplomat Kaja Kallas said on Wednesday.
Stocks, dollar calm before expected US rate cut
Stock markets and the dollar steadied as investors expected the US Federal Reserve to cut interest rates Wednesday to shore up the world's biggest economy.
Ben & Jerry's co-founder quits, says independence 'gone'
The co-founder of Ben & Jerry's has resigned from the ice cream brand after saying his company know for its social activism has lost "the independence to pursue our values" under the ownership of British giant Unilever.
Nestle share price slips as chairman follows CEO out the door
Nestle shares slipped on Wednesday after the Swiss food giant announced the earlier-than-expected departure of its chairman, just weeks after the sudden ouster of its chief executive over an office relationship.
Peru evacuates 1,600 tourists from Machu Picchu amid protest
Peru has evacuated around 1,600 tourists from a train station that serves the Inca citadel of Machu Picchu after a local protest escalated into clashes with police.
UK inflation stable ahead of central bank rate call
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its meeting this week.
Lower shipments to US, China weigh on Singapore August exports
Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping.
EU business lobby head says China rare earths snag persists
European firms still face challenges in securing access to crucial rare earths from China, a business lobby warned Wednesday, despite a July deal to speed up exports.
Asian stocks swing as traders bide time ahead of US rate decision
Asian stock markets were mixed Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.
US Fed set for first rate cut of 2025 as Trump pressure looms
The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.
Broadway jeering Caesars Times Square casino bet
The casino industry's quest to bring gambling to Manhattan faces a key test this week when an advisory panel weighs a Times Square proposal that has enraged much of Broadway.
Nestle says chairman Paul Bulcke to step down
Nestle on Tuesday announced that its longtime chairman Paul Bulcke had decided to step down, just weeks after the Swiss food giant suddenly fired its chief executive over an office relationship.
Malawi votes in economic gloom as two presidents battle for power
Malawians voted Tuesday in elections overshadowed by soaring prices and crippling fuel shortages, with the economic gloom a challenge to President Lazarus Chakwera's bid for a second term.
Stocks slip, dollar down as Fed meets on rates
Wall Street stocks turned lower on Tuesday while the dollar slid as the US Federal Reserve began a two-day meeting at which it is expected to cut interest rates.
Trump sues NYT for $15 bn in latest attack on media
Donald Trump filed a $15 billion defamation lawsuit against The New York Times on Monday, adding to the US president's growing list of legal attacks on news organizations he accuses of bias against him.
Thyssenkrupp says India's Jindal Steel makes bid for steel business
India's Jindal Steel International has made an offer for Thyssenkrupp's steel division, the German company said Tuesday, in what would be a mega-deal for the struggling industrial titan.
US retail sales beat expectations in August despite tariffs
Retail sales in the United States were hotter than expected in August, government data showed Tuesday, although analysts warned consumers may run out of steam as President Donald Trump's tariffs bite.
Europe slow to match economic rivals US, China: Draghi
The European Union is "failing to match the speed of change" in the United States and China and must act urgently on economic reforms to avoid falling further behind, a key report's author said Tuesday.
Malawi votes for a new president as economic crisis bites
Thousands of Malawians turned out to vote in general elections Tuesday with the incumbent president and his predecessor vying for a second chance to govern the southern African nation battered by soaring costs and fuel shortages.
Stocks diverge, dollar down as Fed meets on rates
European stock markets fell Tuesday following a steady showing by Asia's main indices, as the US Federal Reserve prepares to meet over interest rates.
Malawi votes in battle of two presidents as economic crisis bites
Malawi voted in general elections Tuesday with the incumbent president and his predecessor vying for a second chance to govern the largely poor southern African nation battered by soaring costs and fuel shortages.
Smoke-dried bodies could be world's 'oldest mummies': study
Some ancient societies in China and southeast Asia appear to have smoke-dried their dead, effectively mummifying them thousands of years earlier than their Egyptian counterparts, new research has found.
East Timor police fire tear gas on second day of car purchase protests
East Timor police fired tear gas on Tuesday at protesters railing for the second day against a plan to buy new official cars for lawmakers, which became the latest flashpoint in one of the poorest nations in Southeast Asia.
Lower US tariffs on Japan autos kick in
Lower US tariffs on Japanese autos kicked in on Tuesday, as a relieved Tokyo welcomed the implementation of a trade pact negotiated with Washington.
Asian markets rise as traders prepare for expected US rate cut
Asian stocks rose again Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this week, while they are also keenly eyeing flagged talks between Donald Trump and Xi Jinping.
Australia says social media ban will not age test all users
Australia will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said Tuesday.
US Senate poised to advance Trump aide's appointment at Fed
The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal Reserve's board -- as the clock ticks down to a key policy meeting.
Stocks push higher ahead of expected US rate cut
Stock markets mostly rose Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this week.