BUSINESS

Nigerian workers have suspended a nationwide strike over the rising cost of living following the removal of a petrol subsidy scheme, the government and union leaders said Thursday.

Thailand's political deadlock shows no signs of ending any time soon, as the kingdom's lawmakers broker, bicker and break alliances months after national elections with a new prime minister still nowhere to be seen.

Turkey's annual inflation climbed in July to 47.83 percent, up sharply from 38.2 percent, official data showed on Thursday, a week after the central bank more than doubled its year-end forecast.

A dozen of Hollywood's highest-earning stars, from George Clooney to Meryl Streep, have each donated $1 million or more to support out-of-work actors as their strike enters its fourth week, their union's charitable foundation said Wednesday.

From doctored photos making small crowds big to posts praising government accomplishments that never were, WhatsApp has become the channel of choice for disinformation in Zimbabwe before this month's elections.

Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the Federal Reserve's interest rate-hiking campaign.

The Bank of England is set to raise its key interest rate for a 14th time in a row Thursday as UK inflation stays high, adding to a cost-of-living crisis.

A US credit downgrade by Fitch was "entirely unwarranted," Treasury Secretary Janet Yellen said Wednesday, pushing back against the second-ever decrease by a major ratings agency following repeated debt limit standoffs in Washington.

Donald Trump's historic indictment for trying to overturn the 2020 election paints a picture of a former president so determined to hang on to power that he put the very foundations of American democracy at risk.

Nigerian workers across numerous sectors went on strike Wednesday over the rising cost of living following the removal of a petrol subsidy.

The world's biggest heavy metal music festival starting in northern Germany on Wednesday was forced to cap attendance after heavy rains turned its outdoor venue into a muddy quagmire.

Hiring in the US private sector decelerated in July but was nearly twice as high as analysts expected according to payroll firm ADP on Wednesday, signaling strength in the jobs market.

At the deepest berth of the Black Sea in the Romanian port of Constanta, the belly of a massive cargo ship bound for Belgium is fed tonnes of rapeseed through a huge steel hose as more vessels queue up.

When you agree in principle to sell your company to a private equity group, you will require more than an attorney advising you on the many details that still need to be hashed out with the buyer. Attorneys are good at legal strategies, but most aren't adept at handling all the deal points.

While Binance's legal battle with the SEC continues, and after several regulators in Europe closed their doors to the exchange, it won a license to operate in Dubai

Unlike the positive impact on the price of Bitcoin when BlackRock and other financial giants filed their spot BTC ETF applications, the price of Ether remains within its usual range.

"Indian manufacturers are looking for collaboration opportunities with international players to access the technology and finance at low cost," Vibhuti Garg, director, South Asia at IEEFA, said, adding that India can "set up the big capacities not only to meet their internal demand but also export to other countries and accelerate the roadmap to energy transition."

With air conditioner demand surging, scientists are looking for ways to improve the energy efficiency of cooling systems and limit damaging emissions that accelerate global warming.

Asian markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

Artificial intelligence could help almost halve the workload of radiologists when it comes to searching routine scans for signs of breast cancer, a large Swedish study suggested on Wednesday.

US lawmakers are probing American investment flows facilitated by BlackRock and MSCI to Chinese companies that Washington has sanctioned, a congressional panel announced Tuesday.

Meta on Tuesday started blocking Canadians' access to news on Facebook and Instagram in response to a new law requiring digital giants to pay publishers for such content.

The owners of Birkenstock are planning an initial public offering as soon as September that could value the German sandal maker at more than $8 billion, reports said Tuesday.

A US biotechnology company has reached a settlement with the family of Henrietta Lacks, an African-American woman whose cells were used for groundbreaking medical research without her consent.

Social media giant Meta on Tuesday said it intends to ask EU-based users to give their consent before allowing targeted advertising on its networks including Facebook, bowing to pressure from European regulators.

Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates.

The military coup in Niger last week raises the question of Europe's dependency on uranium mined in the West African nation for its nuclear power plants.

From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.