Result Page 53 for Latest Business News & Archive

Glut Hits Bourbon Producers As Americans Suffer 'Post-Covid Hangover'

Consumption is dropping and there is a concern that a tariff war could create a larger glut in the U.S.

Ubisoft Bruised But Not Broken By 'Assassin's Creed' Delay

Gamers are eagerly awaiting the new 'Assassin's Creed' game

French video game publisher Ubisoft's second delay to the next instalment of its flagship "Assassin's Creed" series forced it to lower financial forecasts, but the step is not uncommon in a sector where players' first impressions weigh heavy.

Jihadists Kill At Least 40 Farmers In Northeast Nigeria

Map of Borno State in north-eastern Nigeria locating cities of Bama and Maiduguri

Jihadists have killed at least 40 farmers in Nigeria's northeastern Borno state in the latest violence to hit the conflict-wrought region, a government official said Monday.

The Regulus SoM chip, an AI Accelerator, sits on display during the Consumer Electronics Show (CES) in Las Vegas, Nevada, on January 9, 2025.

US Announces New Restrictions On AI Chip Exports

The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.

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Billion-pound Lawsuit Against Apple Over App Store Opens In UK

Did US tech giant Apple abuse the dominant position of its app store in the UK?

Exports were a rare bright spot for China's economy last year

China Saw Booming Exports In 2024 As Trump Tariffs Loom

China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.

Artist Hong Jinshi said he first cast the Donald Trump statues as a joke

Chinese Artist Cashes In On Buddha-like Trump Statues

Donald Trump is not typically known for his calm or reserve, but in a craftsman's workshop in rural China the US president-elect sits in divine contemplation.

Oil prices have rallied after the US and UK imposed fresh sanctions on Russia's energy sector

Asian Markets Track Wall St Losses After Blockbuster US Jobs Report

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

A solitary spectator watches the cars on stage 7 of the Dakar Rally

'Disaster' As Roadbook Error Causes Chaos At Dakar Rally

An organisers' error in the drivers' route guide caused chaos at the Dakar Rally on Sunday as cars went off the route into the vast Saudi Arabian desert in a blunder blasted as a "disaster" by a former champion.

Lamine Yamal celebrates with Robert Lewandowski after scoring in Jeddah

Five-star Barca Smash Real Madrid To Win Spanish Super Cup

Barcelona hammered rivals Real Madrid 5-2 in a wild Spanish Super Cup Clasico final in Saudi Arabia on Sunday to win the first trophy of the Hansi Flick era.

Apple's board of directors has recommended a vote against a shareholder proposal to end the company's diversity, equity and inclusion programs

Apple Wants To Keep Diversity Programs Disavowed By Other US Firms

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates.

President William Ruto has faced mounting criticism over the wave of abductions

Tanzania Rights Activist Latest Abduction Victim In Kenya

A renowned Tanzanian rights activist was kidnapped on the streets of the Kenyan capital Nairobi on Sunday, only to be released after a rapid intervention by rights groups.

Delegates at the AfD's party congress in Riesa were in a buoyant mood ahead of elections in February

German Far Right Emboldened By Austria

Buoyed by the endorsement of Elon Musk and enjoying new highs in the polls ahead of elections in February, Germany's far-right AfD is hoping for a further boost from the success of the far right in neighbouring Austria.

Malala Yousafzai has made only a handful of public visits to Pakistan since her evacuation to Britain after being shot in the head by a Pakistan Taliban militant

Education Activist Malala Returns To A Region In Crisis

Twelve years after she was evacuated out of Pakistan as a badly wounded schoolgirl, Malala Yousafzai has returned to her home country at a critical time for girls' education.

'The tram set off again at full speed towards the station,' one passenger said

Toll From French Tram Crash Rises To 68 Injured

The toll from a collision of two trams in Strasbourg has risen to 68 injured in a rare accident that sowed panic near the eastern French city's main train station, authorities said Sunday.

Burned-out beachfront homes destroyed by the Palisades Fire are seen along Pacific Coast Highway in Malibu, California

Los Angeles Fire Evacuees Face Price Gouging

Five days after an inferno razed Pacific Palisades, Maya Lieberman is desperate to find somewhere to live.

The CES sign is seen on the venue during the Consumer Electronics Show (CES) in Las Vegas in January 2025.

Tech Sector's Energy Transition Draws Attention At Vegas Show

With its focus on innovative products and cutting-edge technology, the annual Consumer Electronics Show (CES) has not historically paid much attention to energy companies.

Jeff Bezos walks near Blue Origin's New Shepard after flying into space on July 20, 2021 in Van Horn, Texas

Blue Origin Set For First Launch Of Giant New Glenn Rocket

A quarter of a century after its founding, Jeff Bezos's Blue Origin is finally ready for its maiden orbital voyage on Sunday with a brand new rocket the company hopes will shake up the commercial space race.

A photograph from Zelensky's Telegram account shows an alleged North Korean soldier at an undisclosed location in Ukraine

Ukraine Says Questioning POWs It Claims Are North Koreans

Ukraine said Saturday that it was questioning two wounded soldiers it claimed are North Koreans taken prisoner while fighting for Moscow in Russia's Kursk region.

Firefighters and recovery teams work at the scene where a Jeju Air Boeing 737-800 aircraft crashed and burst into flames

South Korea Says Jeju Air Jet Black Boxes Stopped Recording Before Crash

The black boxes holding the flight data and cockpit voice recorders for the crashed Jeju Air flight that left 179 people dead stopped recording four minutes before the disaster, South Korea's transport ministry said Saturday.

A screen installed by supporters of impeached South Korean President Yoon Suk Yeol displays his image near his residence in Seoul

Thousands Of South Koreans Protest As President Digs Heels In

Thousands of South Koreans began gathering in the capital for rival demonstrations on Saturday, as investigators prepare another attempt to arrest suspended President Yoon Suk Yeol over his short-lived martial law decree.

Mark Zuckerberg recently went on influencer Joe Rogan's podcast, where he criticized the Biden administration for asking that content be censored on Meta platforms during the coronavirus pandemic

Meta Abandons Racial Diversity Programs In Further Right-wing Shift

Social media giant Meta announced Friday it is dismantling its diversity, equity and inclusion (DEI) programs across the company, marking another major shift in strategy as it aligns with politically conservative priorities.

Amazon's Echo Frames connected glasses on display at CES on January 7, 2025 in Las Vegas

Smart Glasses Enter New Era With Sleeker Designs, Lower Prices

Producers of hi-tech connected eyewear are multiplying their innovations with increasingly discreet models in an attempt to make a difference in a highly competitive -- and fast-emerging -- market.

Constellation Buys Rival Calpine For $16.4 Billion, Forming Largest 'Clean Energy' Producer In The US

Combined, they will have a capacity of 60 gigawatts from nuclear, natural gas, geothermal, hydro, wind, solar, cogeneration and battery storage.

'Career Catfishing': The Rising Trend Of Job Ghosting Among Gen Z

A third of Gen Z employees are reportedly engaging in "career catfishing," a phenomenon where candidates accept jobs and never show up.

Meta founder and CEO Mark Zuckerberg stunned many with his announcement that he was pulling the plug on fact-checking at Facebook and Instagram in the United States, leaving other countries such as Brazil wondering what will change for them

Brazil Gives Meta 72 Hours To Explain New Fact-checking Policies

Brazil on Friday gave social media giant Meta 72 hours to explain its fact-checking policy for the country, and how it plans to protect "fundamental rights" on its platforms.

Attendees watch as a robot walks around during a demonstration at the Unitree Robotics booth during the Consumer Electronics Show (CES) in Las Vegas

Robots Set To Move Beyond Factories As AI Advances

Soon, these increasingly humanlike machines will handle more sophisticated tasks, freeing up people while raising complex questions about the roles of artificial intelligence that are gaining attention.

Russia's Gazprom Neft was one of the companies targeted by the US Treasury Department's sanctions

US, UK Unveil Widespread Sanctions Against Russia's Energy Sector

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.

Bluesky has become a haven for users disillusioned by Elon Musk's X

Pro-Russian Disinformation Makes Its Bluesky Debut

The first symptoms of disinformation are emerging on the social media network Bluesky, with echoes of the pro-Russian "Matryoshka" campaign that flooded Elon Musk's X -- but with a few twists.

Meta boss Zuckerberg said fact-checkers had 'destroyed more trust than they've created'

Meta Policy Reversal Puts Question Mark On Furure Of Fact-checking

Media outlets around the world have been left scratching their heads over the future of their fact-checking operations after Meta's shock announcement that it will halt its US programme.

Friends and relatives of the youngsters killed in the Israeli strike inspect a makeshift memorial set up in the West Bank village of Tammun.

Palestinian Family Wants Justice For Children Killed In Israel Strike

Batoul Bsharat was playing with her eight-year-old brother Reda in their village in the occupied West Bank.

US hiring surged past expectations in December while unemployment dipped, according to government figures

US Hiring Beats Expectations In December To Cap Solid Year

US job gains soared past expectations in December, according to government data released Friday, in a sign the labor market remains healthy just shortly before President-elect Donald Trump's inauguration this month.