Result Page 245 for Latest Business News & Archive

Trump will speak to auto workers in Michigan on Wednesday

Trump, Biden Fight Next Year's Battle Now In Blue-collar Michigan

In the politically crucial US state where workers make cars they could scarcely afford, Donald Trump and Joe Biden face a tough battle for blue-collar votes.

US Sues EBay For Selling Products That Harm Environment

The DoJ has accused eBay of selling hundreds of thousands of products in violation of the Clean Air Act and other environmental protections

The US Justice Department sued eBay on Wednesday for allegedly selling restricted pesticide products and devices that defeat motor vehicle emission controls.

Durable Goods Orders Surprise With Increase In August

A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018.

The report shows that demand for military equipment is helping the manufacturing industry.

Le Maire shrugged off doubts about his growth forecast

France Hopes For 'Ambitious' Growth In Budget Plan

The French government on Wednesday presented a budget plan based on a buoyant growth prediction that raised eyebrows at France's public finance watchdog.

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Xu Jiayin is being held under 'residential surveillance'

Police Hold Boss Of Troubled Developer China Evergrande: Report

Xu Jiayin, who is known as Hui Ka Yan in Cantonese, was taken away by authorities earlier this month, according to a report. He is being held under "residential surveillance", the report said, which does not mean he has been arrested or charged with a crime.

The European Union is trying to keep pace with China, which already recycles car batteries and has its own massive reserves of raw materials under its own soil

France Taps Nuclear Know-how To Recycle Electric Car Batteries

In the cradle of France's atomic programme, researchers are using their nuclear know-how for a key project in the country's energy transition: recycling the raw materials in old electric car batteries, solar panels and wind turbines.

An Iraqi delivers a ball at a bowling alley in Baghdad

'Fertile Ground': Baghdad Sees Timid Revival With Investment Drive

On a summer evening, Iraqis smoke shisha and go bowling at a sprawling riverside complex in Baghdad, one of the many new investments reviving the capital after decades of turmoil.

A green hydrogen plant built by Spanish company Iberdrola in Puertollano, Spain

Morocco Aims To Become Key Player In Green Hydrogen

Morocco has voiced ambitious plans to become North Africa's top player in the emerging "green hydrogen" sector, with plans to export the clean-burning fuel to Europe.

Hong Kong stocks bounced after suffering two days of hefty selling

Asian Markets Swing But US Rate Outlook Feeds Uncertainty

Markets flittered between gains and losses Wednesday as the hefty selling witnessed in the first few days of the week eased but traders remain consumed by worries over the economy as the Federal Reserve considers hiking interest rates further.

The tentative deal struck between the Writers Guild of America and studios could be the beginning of the end of the industrial action that has paralyzed Hollywood

Hollywood Writers' Guild Leaders Call Off Monthslong Strike

The leaders of the Writers Guild of America on Tuesday called off a monthslong strike that has paralyzed Hollywood, accepting a pay deal hammered out with production studios.

A report of ChatGPT-maker OpenAI's value nearly tripling over the course of the past year comes as it adds voice and image features to the generative artificial intelligence platform

ChatGPT Maker Value Rockets In Funding Talks: Report

The value placed on startup OpenAI has rocketed to between $80 billion and $90 billion in talks with potential investors, the Wall Street Journal reported on Tuesday.

A New York judge ruled that Donald Trump and his sons Eric and Don Jr inflated the assets of the Trump Organization

Trump Committed Fraud By Inflating Value Of Assets: Judge

Donald Trump and his sons Eric and Don Jr committed fraud by inflating the value of the real estate and financial assets of the Trump Organization for years, a New York judge ruled on Tuesday.

Ukrainian President Volodymyr Zelensky, Canadian Prime Minister Justin Trudeau, Speaker of the House of Commons Anthony Rota (L) and Speaker of the Senate Raymonde Gagne (R) on Parliament Hill in Ottawa, Canada on September 22, 2023

Canada Parliament Speaker Resigns After Tribute To Nazi Veteran

The speaker of Canada's parliament resigned on Tuesday, days after he singled out a Ukrainian veteran who apparently fought for the Nazis during World War II for a standing ovation during a visit by Ukraine's leader.

Canada Parliament Speaker Resigns After Tribute To Nazi Vet

Writers' Guild Leaders To Meet On Hollywood Studio Offer

Leaders of the Writers Guild of America will meet Tuesday to decide whether to accept a pay deal hammered out with studios, and could agree to halt a months-long strike that has paralyzed Hollywood.

JPMorgan Chase has been criticized for not acting more quickly to end its relationship with the sexual predator Jeffrey Epstein

JPMorgan Chase To Pay $75 Mn To Settle Epstein-linked Sex Trafficking Suit

JPMorgan Chase announced Tuesday that it will pay $75 million to settle a US Virgin Islands' (USVI) lawsuit that accused the bank of facilitating Jeffrey Epstein's sex trafficking ring.

The highly anticipated lawsuit is another test for the Biden administartion as it tries to curb the power of big tech in the face of skepticism from US courtrooms

US Says Amazon Running Illegal Monopoly In Online Retail

A top US antitrust regulator sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.

If Amazon is forced to negotiate with the union formed by its subcontractors, that could fundamentally change the company's business model

Amazon Is Sued By US Government And 17 States For Illegal Monopoly

The company is accused of adopting practices that stop competitors from emerging or growing.

Ukrainian President Volodymyr Zelensky (C) visits US Congress, accompanied by US Senate Majority Leader Chuck Schumer (R) and Senate Minority Leader Mitch McConnell (L)

Days From Shutdown, US Budget Talks Threaten Ukraine Aid

The US Congress was running out of time Tuesday to avoid a partial government shutdown forced by hard-right Republicans, throwing into doubt White House plans to provide another $24 billion in war aid for Ukraine.

Reuters interviews JPMorgan Chase & Co. CEO Jamie Dimon in Miami, Florida

Jamie Dimon Warns To Be Ready For Interest Rates At 7%

The CEO of JPMorgan said in an interview with Times of India that the worst-case scenario is high rates with stagflation.

US homebuilders have struggled to keep up with demand, but new home sales have fallen to their lowest since January 2016

New Home Sales Drop To Lowest In Five Months As Interest Rates Rise

Prospective homebuyers are avoiding making purchases amid two-decade high mortgage rates and record-low inventories.

Employees in the UK took an average 7.8 sick days over the past year, according to a study

Sick Leave In UK Hits 15-year High: Study

Sick leave in the UK has hit its highest rate in 15 years and is well above pre-pandemic levels, a study showed Tuesday.

The new iPhone unveiled on September 12 comes with a universal charger after Apple bowed to the EU

EU Tells Apple Chief To 'Open Up' To Rivals

The EU's digital chief Thierry Breton told Apple CEO Tim Cook on Tuesday that the iPhone maker must open up its products to competitors as part of Brussels' tough curbs on tech behemoths.

Founded in 1960, Jeune Afrique is a website and monthly magazine. This is one of its photos from a Mali demonstration published in 2012

French News Outlet Jeune Afrique Protests Burkina Suspension

French media outlet Jeune Afrique protested Tuesday after Burkina Faso's junta-led government suspended its print and online operations in the country after the publication of two articles about tensions within the military.

A woman goes through the process of finger scanning for the Unique Identification (UID) database system, also known as Aadhaar, at a registration centre in New Delhi, India, January 17, 2018.

Moody's Criticizes World's Largest Digital ID System Aadhaar; India Calls The Opinion 'Baseless'

More than 1.3 billion Indian residents have been assigned unique numbers under the program. Moody's, in a report, said there are hurdles in the system and raised concerns about the reliability of biometric technologies.

The mining sector presents significant concerns around human rights and environmental pollution

Need For Critical Metals Poses Dilemmas For Investors

Soaring demand for the raw materials needed for the transition towards renewable energy is creating dilemmas for investors weighing the economic, environmental and human rights risks of such projects.

A worker crafts a Kashmiri willow wood cricket bat at a factory in Kashmir's Sangam village, on August 19, 2023

Axed: Rampant Logging Hits India's Batmakers For Six

When the Cricket World Cup opens in India next month several players will carry Kashmiri willow wood bats, but manufacturers say over-exploitation of trees means their craft faces ruin.

'Treated Like Slaves': Workers Dying In ArcelorMittal's Kazakh Mines

Standing in the vast windswept plains of the Kazakh steppe, miner Vladimir Khaniev stoically recalled the explosion that left him permanently disabled.

They are demanding 500,000 euros ($530,000) in what they say are unpaid wages

'Last Hope': Desperate Truckers In Germany Stage Hunger Strike

Truck drivers who transport goods around Europe have staged a hunger strike in Germany as part of a weeks-long work stoppage, describing it as their "last hope" to draw attention to the exploitation they say they suffer.

Investors are keeping tabs on Washington, where a standoff between lawmakers threatens to cause a government shutdown, which Moody's warned could impact the United States' credit rating

Asian Markets On Back Foot On Growing US Rate, China Worries

Markets fell further Tuesday as investors grew increasingly fearful about another possible US interest rate hike and the prospect they will be kept elevated for some time to combat persistent inflation.

Biden spoke about the autoworkers strike at the White House on September 15

Biden, Trump In Dueling US Auto Strike Trips

US President Joe Biden will join the picket line with striking auto workers on a historic trip to Michigan Tuesday, putting him on a collision course with likely 2024 election rival Donald Trump who visits a day later.

Ford Pauses Work On $3.5 Bn Battery Plant

Ford is halting work on a major battery plant in the northern U.S. state of Michigan, the automaker said Monday, just seven months after launching the project with a Chinese partner.

Strike Deal Only First Step In Resolving Film Industry Crisis

A tentative deal to end a long-running writers' strike that has paralyzed Hollywood is only a first step in resolving a film industry crisis, as an equally bitter studio stand-off with the actors' union stretches on.