BUSINESS

Libya And Italy Sign Slew Of Cooperation Deals

Prime Ministers Dbeibah and Meloni at the 30th Libyan-Italian Business Forum in Tripoli
Libya and Italy signed several agreements on Tuesday covering sectors including development, investments and infrastructure, aiming to boost cooperation between the two Mediterranean states.
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US Vice President and Democratic presidential nominee Kamala Harris will give her closing election arguments in a speech in front of the White House

Harris To Rally Where Trump Riled Capitol Riot Crowd

Kamala Harris will urge Americans to turn the page on Donald Trump as she delivers her closing election argument Tuesday on the spot where her rival rallied supporters before the January 6, 2021 US Capitol attack.
Novartis raised its 2024 earnings guidance for the third time this year

'Pure-play' Novartis Raises 2024 Financial Targets

A year after spinning off its generics business to become a "pure-player" developer of innovative medicines, Novartis registered a 15 percent increase in its core net profit to $4.1 billion during the July-September period, from the same quarter last year.
BP's third quarter performance was hit by lower oil prices and refining margins

Oil Giant BP Reports Drop In Third-quarter Net Profit

The group earlier this month flagged to markets that its latest earnings would take a sizeable hit after oil prices have fallen on concerns over Chinese demand and the prospect of higher crude production in 2025.
Apple CEO Tim Cook (C) joins customers during Apple's iPhone 16 launch in New York on September 20, 2024

Apple Rolls Out AI Features Across Devices

Apple on Monday rolled out its first set of artificial intelligence features, dubbed "Apple Intelligence," across its premium iPhone, iPad, and Mac devices, marking the tech giant's major push into generative AI. The release, first previewed by the company in June, marks Apple's foray into an AI race that has seen the US tech giants rush into ChatGPT-style technology.
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Don't Let Your Small Business Get Hurt By Currency Swings

If you're new to international business, you may be wondering, 'What are exchange rates?' You're not alone, as many business owners who are expanding into cross-border transactions are wondering the very same thing. Simply put, exchange rates are the rates by which one currency, say the U.S. dollar, can be exchanged for another, like the euro.
US comedian Tony Hinchcliffe speaks during a campaign rally for former US president and Republican presidential candidate Donald Trump at Madison Square Garden in New York on October 27, 2024

Fallout Spreads From Racist Rhetoric At Trump Rally

Donald Trump was struggling Monday to contain the blast radius of a fierce backlash to racist rhetoric targeting Puerto Ricans at his weekend rally, just nine days ahead of a presidential election that could be determined by the Latino vote.
Volkswagen is considering closing several plants in Germany and slashing salaries as the ailing auto giant pursues a drastic cost-cutting plan

Crisis-hit VW Mulls Closing At Least Three German Plants

Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens of thousands of jobs as part of drastic cost-savings drive, workers' representatives said Monday, calling the proposed cuts "of historic dimensions".
It is the first visit by a Spanish premier to India for 18 years

Spanish PM In India Seeking To Bolster Trade Ties

Spanish Prime Minister Pedro Sanchez was welcomed to India Monday with a flower-filled open-top parade alongside counterpart Narendra Modi, as Madrid seeks to boost investment in the world's fifth-largest economy.
Georgia's opposition has accused the ruling Georgian Dream party of 'stealing' this weekend's parliamentary election

Georgia Braces For Protests After Contested Vote

Georgia braced for protests on Monday, after the pro-EU opposition called for mass demonstrations, accusing the ruling party of "stealing" this weekend's parliamentary election in what the Caucasus country's president called a "Russian special operation."

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