BUSINESS

Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.

Asian equities struggled again Wednesday after a mixed performance on Wall Street, with traders keenly awaiting what the Federal Reserve has to say after its much-anticipated policy meeting later in the day.

The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive meeting Wednesday, as inflation continues to inch closer towards its long-term target of two percent.

Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices.

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.

Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue.

Google parent Alphabet on Tuesday credited artificial intelligence with helping boost profits in the final quarter of last year.

US consumer confidence beat expectations in January to reach its highest level since December 2021, with the public more optimistic than at any point since the Federal Reserve began hiking interest rates.

Despite positive economic indicators, the recent surge in layoffs suggests a nuanced interplay between workforce dynamics and corporate strategies.

A deep sea exploration company has released a sonar image they say may be the remains of the plane of Amelia Earhart, the famed American aviatrix who disappeared over the Pacific Ocean in 1937.

Crowds on Demand excels in turning regular campaigns into extraordinary movements with inventive PR stunts and large-scale events, even in challenging logistics.

Spanish lawmakers on Tuesday rejected a deeply divisive Catalan amnesty bill with the hardline separatist party that demanded it voting against it on the grounds it did not go far enough.

Wavering world leaders were told Tuesday to speed up efforts to agree a global treaty on avoiding a new pandemic catastrophe -- four years to the day since Covid-19 was declared an international emergency.

The United States warned Tuesday it will reimpose sanctions on Venezuela's oil and gas sector, relaxed under a reconciliation deal, after opponents to President Nicolas Maduro were barred from running against him.

US immigration reform has become the focus of a high-stakes political battle, with President Joe Biden and Donald Trump locking horns over one of the hottest issues of the 2024 election.

Queen Camilla will be the most high-profile public face of the British monarchy as her husband King Charles III and his daughter-in-law recuperate from surgery.

Iranian commentators warned Tuesday of a US military retaliation after Washington pledged a "very consequential" response to troop deaths, but largely agreed full-blown war was not in the offing.

Neuralink, Elon Musk's pioneering tech startup, claimed a major milestone with a successful brain implant in a human patient.

Businesses and shops in several cities in Kurdish-populated western Iran shut down Tuesday in a general strike protesting the hanging a day earlier of four Kurds convicted of collaborating with Israel, activists said.

General Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offsetting the hit from a labor strike.

The German economy contracted at the end of 2023, official data showed Tuesday, the latest gloomy news for Europe's export powerhouse as it battles high inflation and a manufacturing slowdown.

A new government agency to "protect Hungary's sovereignty" which starts work Thursday will have a "chilling effect" on the country's democracy, critics warn.

The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.

French farmers were on Tuesday maintaining roadblocks on key highways into Paris for a second day, increasing pressure on the government for more concessions in an intensifying standoff.

Undercover Israeli agents, some disguised as medical staff, raided a West Bank hospital Tuesday and shot dead three Palestinians the army alleged were Hamas militants, in the first such operation in eight years.

Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels per day, abandoning a planned increase, the firm said on Tuesday.

Asian markets were mixed Tuesday as another record on Wall Street was unable to help extend the previous day's advance, with traders eyeing a Federal Reserve meeting, big-name earnings and key data.

Japan's Toyota said Tuesday that it sold a record 11.2 million vehicles in 2023, cementing its position as the world's top-selling automaker for the fourth successive year thanks to a recovery in demand in all regions and easing semiconductor shortages.

Storied auction house Sotheby's reported on Monday that sales had dipped last year to $7.9 billion, down $100 million from the record-breaking 2022 which was lifted by pent-up demand following the pandemic.