Featured
Last news
Markets swing on dimming rate cut hopes, weak China outlook
Asian stocks were mixed Thursday after another dour day across global markets fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialise as inflation remains stubbornly high.
Shanghai's elderly seek romance at Ikea lonely hearts club
More than a decade after Ikea tried to kick them out, the raucous Shanghai pensioners' matchmaking group that gathers weekly in the furniture store's cafeteria is still very much alive and kicking.
Apple loosens grip on iPhone apps - with a catch
After a years-long legal battle, Apple says it will begin allowing iPhone app developers to use alternative payment systems -- but they will still have to pay fees and meet various conditions.
Brazil's Indigenous Yanomami again face illegal mining-linked crisis
The Yanomami Indigenous group are again facing a severe humanitarian crisis blamed on illegal gold miners, despite Brazil's president deploying the military to wrest back control of their territory.
'Prince of Persia' creator 'never imagined' game would be his magic carpet
For video game maker Jordan Mechner, "The Prince of Persia" has allowed him to achieve a childhood dream.
West Bank economy in tatters as Gaza war rages
In the occupied West Bank, Hafeth Ghazawneh waits in quiet frustration for customers to visit his falafel stall, which has been deserted since the October 7 Hamas attacks in Israel.
Apple hit again with US ban in watch patent feud
A federal appeals court on Wednesday ordered Apple to halt the US sale of its latest smartwatch models in a feud over patents with health company Masimo.
US business 'optimistic' about interest rates cuts: Fed
US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday.
Argentina's Milei calls socialism a 'danger' for West at Davos
Argentina's libertarian new President Javier Milei slammed socialism as a threat to the West in a fiery speech to global political and business elites in Davos on Wednesday.
Argentina's Milei calls socialism a 'danger' for West
Argentina's libertarian new President Javier Milei slammed the threat to the West posed by socialism at the meeting of global political and business elites in Davos on Wednesday.
Trade barriers can slow energy transition: IEA chief
Trade barriers can slow the world's energy transition but commerce also needs to be fair, International Energy Agency chief Fatih Birol said Wednesday, as world powers tussle over the technologies key to fighting climate change.
US retail sales beat expectations in December to wrap solid year
US retail sales accelerated more than anticipated in December, closing out a year marked by resilient consumption, government data showed on Wednesday.
UK inflation in shock rise, dashing rate cut hopes
British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an early cut to UK interest rates and prolonging a cost-of-living squeeze before an election.
BP picks new CEO following Looney sacking
British oil giant BP on Wednesday named veteran employee Murray Auchincloss as chief executive officer following a period as interim boss in the wake of Bernard Looney's sacking.
Markets fall on dimming rate cut hopes, China's torpid growth
Asian markets fell further Wednesday as hopes for an early interest rate cut by key central banks faded and data confirmed China's economy last year grew at its slowest pace in more than three decades.
Austrian heiress pays to give away 25 million euro fortune
The rich and famous are paying top dollar for a place at this week's Davos summit but heiress Marlene Engelhorn is on the other side of the fence at the glitzy Swiss resort, demanding that they pay more in taxes.
China sees one of its worst years of growth since 1990 as recovery stalls
China's economy last year grew at one of its slowest rates in more than three decades, official figures showed Wednesday, as it was battered by a crippling property crisis, sluggish consumption and global turmoil.
Google eliminates hundreds of jobs in ad team tweak
Google on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use artificial intelligence for efficiency and creativity.
US LGBTQ club shooter hit with new federal hate crime charges
A 23-year-old who shot and killed five people at an LGBTQ club in the US state of Colorado in 2022 faces new federal hate crime charges, authorities said Tuesday.
Pharrell Williams brings Old West style to Paris
Pharrell Williams brought the American West to Paris on Tuesday as he presented a collection full of cowboy hats and rhinestones for his latest show as creative director at Louis Vuitton.
Apple ends Samsung's 12-year run as world's top smartphone seller
Apple's iPhone for the first time became the world's biggest selling smartphone after rival Samsung's 12-year run as leader, data showed.
Pharrell Williams headlines opening day of Paris Fashion Week
Pharrell Williams brought the American West to Paris on Tuesday as he presented a collection full of cowboy hats and rhinestones for his latest show as creative director at Louis Vuitton.
US strikes Yemen again as rebels attack Greek cargo ship
US forces carried out fresh strikes on Yemen Tuesday, an American official said, as the Iran-backed Huthi rebels claimed a missile attack on a Greek-owned cargo ship in the Red Sea.
Ryanair boss says reassured by Boeing on 737 MAX safety
Ryanair on Tuesday welcomed improved quality controls at US aircraft manufacturer Boeing and announced its own enhanced checks, after a major safety issue.
Stock slide on rate cut expectations, Middle East uncertainty
Stock markets mostly fell as investors continued to roll back expectations of lower interest rates, even as they juggled conflicting comments from central bankers and rising tensions in the Middle East.
Goldman Sachs profits jump on strong equity trading
Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset weaknesses in other areas, including merger advising revenues.
Shell sells onshore Nigeria unit, exits Niger Delta
British energy major Shell on Tuesday announced the sale of its Nigeria onshore division SPDC for up to $2.4 billion, having already flagged its exit from the troubled Niger Delta.
Nespresso 'capsule war' grinds on with Swiss lawsuit
A French television star and a group of investors are demanding 280 million Swiss francs ($330 million) from Nespresso after the failure of a company that tried to offer a more sustainable alternative to the aluminium capsules sold by the coffee-pod maker.
Shell halts Red Sea shipments over attack fears: report
British oil giant Shell has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Huthi rebels, according to a media report Tuesday.
France lock Chalureau cleared of racist motivation in 2020 attack
France lock Bastien Chalureau was on Tuesday cleared of carrying out a racially motivated attack on two men but his six-month suspended prison sentence for the violent incident remains in place.
Goldman Sachs Q4 profits jump 58% to $1.9 bn on strong equity trading
Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset weaknesses in other areas, including merger advising revenues.
Pharrell headlines opening day of Paris Fashion Week
The shows were barely over in Milan but the fashion crowd had already shifted to Paris on Tuesday, with Pharrell Williams hinting at a cowboy theme for his opening day show for Louis Vuitton.