BUSINESS

A new survey found that Gen Z and Millennial Americans are more likely to rely on AI with tax filing assistance over tax professionals like CPAs, signaling a shift in U.S. taxpayer attitudes toward filing taxes.

Baltic states Lithuania, Latvia and Estonia are to disconnect from the Russian power grid on Saturday, a politically-charged move that severs their Soviet-era energy ties with Moscow.

Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.

Google on Tuesday updated its principles when it comes to artificial intelligence, removing vows not to use the technology for weapons or surveillance.

China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say.

Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.

Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.

French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future.

Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.

Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.

Pinagare Mogodi started from the ground up and propelled forward in the business realm, thriving on a strong work ethic with the aim to empower communities.

US President Donald Trump and Chinese counterpart Xi Jinping are expected to speak by phone on Tuesday, just hours after slapping tariffs on each other's economies in an escalating trade war.

Thousands of people fled the Greek island of Santorini by sea and air for a third day on Tuesday, as more earthquakes shook the top travel destination.

The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.

Spain's minority leftist government on Tuesday approved a plan to reduce the working week to 37.5 hours in one of the world's fastest-growing developed economies.

Italian luxury carmaker Ferrari posted another set of record results on Tuesday, with net profit surging to more than 1.5 billion euros last year.

Five people were shot and wounded at a school in the central Swedish city of Orebro on Tuesday, police said, urging the public to stay away from the area as a large operation was underway.

After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday in face of both the cold and the prospect of an escalating trade war.

Pepsico says people in North America bought less of its drinks and snacks in the past quarter.

At the end of a wild peninsula battered by winds in west Scotland is a zero-carbon whisky distillery that's bracing for the possible return of US tariffs.

Countries and economic blocs around the world are at different stages of regulating artificial intelligence, from a relative "Wild West" in the United States to highly complex rules in the European Union.

Diageo, the maker of Guinness stout and Johnnie Walker whisky, scrapped Tuesday a key performance target with President Donald Trump's tariff plans set to sour its US sales of tequila and Canadian spirits.

China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on American imports of energy, cars and machinery parts.

Japan's Prime Minister Shigeru Ishiba will meet President Donald Trump on a visit to the United States this week, top government spokesman Yoshimasa Hayashi said on Tuesday.

The Denver-based software platforms company reported a revenue of $828 million, even as LSEG-polled analysts projected only $776 million.

Switzerland's biggest bank posted a net profit of $770 million for the last three months of 2024, compared with a $279 million loss in the same period a year earlier as it wrestled with the weight of integrating its closest domestic rival.

Beijing's State Administration for Market Regulation said the US tech giant was "suspected of violating the Anti-Monopoly Law of the People's Republic of China".

Japanese video game giant Nintendo on Tuesday cut its annual net profit forecast after hardware and software sales for its Switch console fell in the first three quarters.