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Featured

Spain lets wildfire evacuees return but France fears flames spreading

Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday but thousands more were ordered to leave in France over fears that a looming heatwave would prevent containment of fires that have ripped through the country's southwest.

AI glasses help propel EssilorLuxottica sales growth

Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate second-quarter growth, the world's largest maker of eyeglasses reported Tuesday.

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Yemen rebels say US, UK interests 'legitimate targets' after strikes

Yemen's Iran-backed Huthis said Friday that US and British interests were "legitimate targets" after they launched deadly strikes against the rebels following weeks of disruptive attacks on Red Sea shipping.

Lazio hit with stand closure after monkey chants at Lukaku

Lazio have been hit with a one-match stand closure after supporters directed monkey chants at Romelu Lukaku during their team's midweek Italian Cup win over local rivals Roma, Serie A said on Friday.

Oil prices surge on Red Sea escalation

Oil prices surged four percent on Friday after US and UK forces launched strikes against Iran-backed Huthi rebels following their attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

China exports fall in 2023 for first time in seven years

China's exports fell last year for the first time in seven years, data showed Friday, as tensions with the United States and a stuttering global economic recovery compound Beijing's struggles to kickstart growth at home.

China, Russia trade soared in 2023 as commerce with US sank

Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce with the United States fell for the first time in four years on the back of geopolitical tensions.

Oil rallies as US, UK strike Huthis, stocks mixed after US CPI

Oil prices surged Friday after US and UK forces launched strikes against Iran-backed Huthi rebels in Yemen following attacks on ships in the Red Sea, fuelling worries about a wider conflict in the crude-rich region.

E-bike craze in high gear at CES gadget fest

Electric bicycle makers at CES touted slick features like ChatGPT as they rode a trend of people wanting to enjoy a breeze in their face without sweat on their brow.

Lisa Marie Presley's autobiography to be published posthumously

A posthumous autobiography of Lisa Marie Presley, the only child of US rock 'n' roll legend Elvis Presley, will be released in October, her daughter and publishers announced Thursday, almost a year to the day after her death.

US stocks shrug off inflation data, Nikkei ends at peak since 1990

Wall Street stocks largely shrugged off a disappointing US inflation report Thursday, while Japan's Nikkei finished above 35,000 for the first time since 1990.

2023 inflation tops 211 percent in economic crisis-torn Argentina

Argentina's annual inflation surged beyond 200 percent in 2023, the statistics agency said Thursday, as the country grapples with an economic crisis new President Javier Milei has vowed to address by slashing state spending.

Polish populists rally against govt reforms as president pardons ex-MPs

Tens of thousands of people took to the streets of Warsaw Thursday to protest reforms by the pro-EU Polish government as the country suffers post-election turmoil.

At CES, tech for sleep, not late night scrolling

Technology causes us to lose sleep, but can it also give it back?

Airbus says record 2,094 planes ordered in 2023, 735 delivered

European planemaker Airbus said Thursday that it secured 2,094 net plane orders last year, a record for the group as airlines prepare for further global passenger growth and seek out more fuel-efficient planes.

Hertz to shrink EV rental fleet over sluggish US demand

Hertz said Thursday it will sell one-third of its electric vehicle (EV) automobiles to resize its fleet in line with slowing demand growth for emission-free transport.

US inflation picks up on bumpy path to cool price gains

Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, with President Joe Biden conceding he must do more to tackle high prices.

Strong US inflation dampens stock market enthusiasm

Stock markets in Europe retreated from their highs after a cautious open on Wall Street as US consumer inflation data came in stronger than expected, denting hopes that policymakers will cut interest rates anytime soon.

India's TCS, Infosys see revenue dips on client spending cuts

Indian IT giants TCS and Infosys both signalled weak revenue growth in quarterly results Thursday as a client spending slowdown deepened a seasonally weak time for the sector.

US consumer inflation jumps more than expected to 3.4%

Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, underscoring the bumpy road to cooling price increases as the presidential election looms.

London mayor urges closer UK ties with EU

London's mayor called Thursday for closer ties with Europe and a better debate about immigration as he branded Brexit a "key contributor" to Britain's cost-of-living crisis.

Stock markets gain, dollar down before US inflation data

Major stock markets mostly rose and the dollar fell Thursday before the release of US inflation data that could have a huge bearing on the Federal Reserve's timetable for cutting interest rates.

UK maternal deaths reaches highest level in 20 years: study

The number of women in Britain dying during pregnancy or soon afterwards has reached its highest level in almost two decades, a new study reported Thursday.

EU legal opinion deals blow to Google on 2.4-bn-euro fine

Google suffered a legal blow at the European Court of Justice on Thursday when the body's adviser recommended that a 2.4-billion-euro ($2.6-billion) fine levied on it for anti-competitive practices be upheld.

Google awaits EU legal opinion on 2.4-bn-euro fine

The Advocate General of the European Court of Justice will on Thursday publish a long-awaited opinion on a contested 2.4-billion-euro ($2.6-billion) fine that Brussels slapped on Google for anti-competitive practices.

Asian markets track Wall St gains ahead of key inflation data

Asian markets rose Thursday as investors gear up for the release of major US inflation data that could have a huge bearing on the Federal Reserve's timetable for cutting interest rates.

Business trumps politics for Chinese companies at CES

Xiaoyu Fan smiled as she looked around a bustling China Pavilion at the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made.

Autonomous driving is 'happening', but slower than expected

To the believers, the oft-promised autonomous car revolution is "clearly happening" -- they point to the myriad displays at the Consumers Electronics Show in Las Vegas that defy the industry's bad headlines.

Life is tough and errant for asylum seekers in New York

Sally Hernandez, age 12, sobbed Wednesday as the New York hotel where she and her immigrant family were sheltering expelled them before she could say goodbye to the Girl Scout troop she belonged to at her makeshift home.

US regulators authorize first bitcoin funds on public markets

US securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.

UN 'very concerned' over attacks on Red Sea trade

The United Nations raised the alarm on Wednesday over increasing attacks on shipping in the Red Sea, blamed by Western countries on Huthi rebels, and the risk of escalation in the region.

Amazon cuts hundreds of jobs at Twitch, Prime Video and MGM

Amazon's gamer streaming unit Twitch on Wednesday announced that it was laying off 500 staff, reportedly one third of the company, as it struggles financially despite strong popularity among players.

Shouting match in US Congress as Biden son makes surprise show

Pre-election hostilities between the White House and US Congress spiked Wednesday as the surprise appearance of Joe Biden's son -- in Republican crosshairs over his business interests -- triggered pandemonium on Capitol Hill.

Boeing probing 'what broke down' in latest incident: CEO

Boeing is still in fact-finding mode following Friday's near-catastrophic aviation incident, searching for "what broke down" in its processes, Chief Executive Dave Calhoun said Wednesday.

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