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Santander reports record profit for third straight year
Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.
Nissan shares plunge as report says Honda merger talks off
Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.
China holds out hope last-minute deal can avert US trade war
China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say.
Race against time to complete contested Milan-Cortina bobsleigh track
With a year to go until the start of the Milan-Cortina Winter Olympics, organisers are racing against time to ensure the sliding events are held in Italy and not moved over 6,000 kilometres away to Lake Placid.
French PM set to survive no confidence vote
French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future.
Google shares slide on spending plans despite sales jump
Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.
Honda shares jump on reports it wants Nissan as subsidiary
Honda shares surged in Tokyo on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.
US Treasury says Musk team has 'read-only' access to payments data
The US Treasury said Tuesday that Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it, after Democratic lawmakers raised the alarm over the move and called for an investigation.
What Elon Musk's Twitter tactics may bode for US government
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
Australia bans DeepSeek AI program on govt devices
Australia has banned DeepSeek from all government devices as it seeks to block "an unacceptable level of security risk" presented by China's breakout artificial intelligence program, according to an official order Tuesday.
Amid Trump trade tensions, WTO remains crippled arbiter
While US President Donald Trump unleashes trade wars and tariffs, the system for settling such disputes within the World Trade Organization has been paralysed for years -- by the United States.
Despite tariff reprieve Canadians worry 'damage already done' to US ties
The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.
Ferrari races to another record-breaking year, e-model set for Oct. 9
Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year.
De la Fuente says 'unaware' of forced kiss scandal backlash
Spain coach Luis de la Fuente on Tuesday told the forced kiss trial of ex-football federation chief Luis Rubiales that he initially knew nothing of the scandal's scale or efforts to silence it.
Ordinary Chinese stoic in the face of escalating US trade war
After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war.
AI regulation around the world
Countries and economic blocs around the world are at different stages of regulating artificial intelligence, from a relative "Wild West" in the United States to highly complex rules in the European Union.
Stocks rebound, dollar dips as Trump delay tariffs
Stock markets mostly rebounded and there strong gains for Mexico's peso and Canada's dollar Tuesday after Donald Trump said he would delay tariffs on imports from the US neighbours.
Tequila maker Diageo axes sales target on Trump tariffs
Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.
American VP Vance to attend Paris AI summit
US Vice President JD Vance will join top tech players in Paris next week at an artificial intelligence summit billed by France as a "wake-up call" for Europe in the global race for AI.
China imposes tariffs on US energy, autos in trade war retaliation
China said Tuesday it would impose tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies.
Panama lawsuit requests axing Hong Kong firm's canal concession
Two Panamanian lawyers filed a complaint Monday to cancel the concession of a Hong Kong-based company for operating two ports on the Panama Canal, following US President Donald Trump's threats to seize the vital waterway.
OpenAI chief Altman signs deal with South Korea's Kakao after DeepSeek upset
OpenAI chief Sam Altman signed a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.
UBS profit beats forecast as Credit Suisse merger nears end
Swiss banking giant UBS posted better-than-expected fourth quarter results on Tuesday and confidently predicted its mega-merger with Credit Suisse would be substantially wrapped up by the end of 2026 as planned.
Nintendo cuts net profit forecast as Switch sales slow
Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.
China says to probe Google over anti-monopoly violations
China on Tuesday said it would probe US tech giant Google over violations of anti-monopoly laws after Washington slapped 10 percent levies on Chinese goods.
China slaps tariffs on US energy, vehicles in trade war sparring
China said Tuesday it would slap tariffs on imports of US energy, vehicles and equipment, firing a return salvo in an escalating trade war between the world's two biggest economies.
OpenAI chief Altman inks deal with S. Korea's Kakao after DeepSeek upset
OpenAI chief Sam Altman inked a deal with tech giant Kakao in South Korea on Tuesday as the US firm seeks new alliances after Chinese rival DeepSeek shook the global AI industry.
How China could respond to Trump's new tariffs
From retaliatory tariffs on US goods like car parts and soy beans to controls on raw minerals essential for American manufacturing -- analysts say China has plenty of options if it wants to reply to fresh US levies.
Trump halts Canada and Mexico tariffs, China still targeted
US President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month Monday -- but China remained in the firing line for levies that are putting the global economy on edge.
Hundreds march in New York against Trump's trans policy
Hundreds of people protested in New York Monday against President Donald Trump's executive orders restricting treatment for transgender children, and reports that a local hospital group consequently cancelled appointments for two trans youths.
Musk's US government 'takeover' sounds alarm bells
Elon Musk has begun swinging his wrecking ball at the US government, with concerns growing over the unprecedented power that President Donald Trump has handed to the world's richest man.
Ecuadoran drug gangs turn to death saint for protection
Sporting gloves and a red ribbon to ward off evil, Ecuadoran police raiding a drug den apprehensively inspect an altar to Santa Muerte -- a Mexican death saint adopted by local gangs as their own talisman.