BUSINESS

Japan's Sony upgraded its annual net profit forecast on Wednesday but trimmed its PlayStation 5 unit's sales target, with the flagship console currently in its fourth year on the market.

Calls grew in Turkey on Wednesday to shut down a controversial gold mine as hopes dimmed of rescuing nine workers trapped by a massive landslide that rolled over their open pit.

Ukraine's new army chief said Wednesday the situation on the front line was "extremely difficult" as delays to much-needed US military aid cast a shadow over how long Kyiv's troops can hold out.

Higher gas and electricity bills were the main upward contributor to the rate, but this was offset by falling prices for furniture, food and non-alcoholic beverages.

Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut.

Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation.

The daring attack in December bore unsettling hallmarks of the piracy that once terrorised global shipping off eastern Africa: a cargo vessel hijacked, its crew taken to Somalia, and disappeared.

Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform's contentious policies that researchers say prioritize engagement over accuracy.

The northeastern United States was engulfed by snow Tuesday as a powerful winter storm battered the region, blanketing New York for the first time in two years and causing flight cancellations and school closures.

Stocks plummeted by more than 500 points as inflation data surpassed expectations, spurring concerns over Federal Reserve rate cuts.

Senegalese authorities banned a planned opposition march on Tuesday as the United States joined growing international calls for President Macky Sall to hold an election for a successor.

Hundreds of Turkish rescuers on Tuesday searched through a cyanide-laced field for nine gold mine workers who were swallowed by a massive landslide that rolled over their open pit.

Britain's couples could struggle for last minute Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said.

The United States said Tuesday it was "deeply concerned" about the detention of a human rights activist in Venezuela who stands accused of involvement in an alleged plot to assassinate President Nicholas Maduro.

Another month, another Moonshot: An American spaceship attempting a lunar landing is to launch early Wednesday, the second private-led effort this year after the first ended in failure.

Indonesians vote for a new president on Wednesday with Defence Minister Prabowo Subianto the frontrunner despite concerns over his human rights record and claims of improper support from outgoing leader Joko Widodo.

The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.

Senegal's hotels have seen a wave of cancellations since political unrest hit the West African country and many foreign companies are nervous about the deadly troubles.

Gig workers in the US, Canada and UK plan Valentine's Day strikes demanding fair pay and improved conditions amid declining earnings and rising living costs.

US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection.

Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans do business, the European Commission said on Tuesday.

Avis Berg, CIO at Berg Capital, thinks the choice between the two popular brands depends on the investor's profile.

Soaring food costs, economic stagnation and deteriorating living standards risk pushing voters into the far right's arms in European elections later this year, which could shake up the political agenda in Brussels.

Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day.

A private Houston-based company is set this week to lead a mission to the Moon which, if successful, will mark America's first lunar landing since the end of the Apollo era five decades ago.

The governor of New Zealand's central bank does not trust the stability of stablecoins, nor does he think they can be like fiat currencies that have parliamentary authority behind them.

The Netherlands must stop delivering parts for F-35 fighter jets used by Israel in the Gaza Strip, after a Dutch court Monday upheld an appeal by human rights organisations.

From African elephants searching for water, to turtles crossing seas to nest, and to albatrosses on their ocean-spanning search for food, the world's migratory species are under threat across the planet, according to a landmark report Monday.

In Ukraine's westernmost city of Lviv, a statue of the first woman in space, Valentina Tereshkova, sprawls on the ground, red paint splashed around her helmet.