Latest Business News & Archive

'I'll try to talk to Putin,' Brazil's President Luiz Inacio Lula da Silva said after meeting with Russia's leader in Moscow

Trump Says 'Possibility' Of Meeting Putin For Ukraine Talks In Turkey

US President Donald Trump offered Wednesday to head to Turkey for talks on ending the Ukraine conflict, so long as his Russian counterpart Vladimir Putin also showed up.

Merz Vows To Rev Up German Economic 'Growth Engine'

Germany's economy has been mired in recession for the past two years

German Chancellor Friedrich Merz on Wednesday pledged reforms and investment for Europe's biggest economy to transform it once again into a "growth engine" after two years of recession.

Over 75,000 Cases of Eye Drops Recalled Nationwide Over Sterility Concerns

Over 75,000 cases of eye drops have been recalled due to sterility concerns, urging consumers to stop using affected products immediately.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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Burberry warned it could cut as many as 1,700 jobs worldwide

Burberry Warns 1,700 Jobs At Risk After Annual Loss

The troubled group is in the midst of a turnaround plan to help boost sales and cut costs as the global luxury sector struggles with weak consumer demand, notably from China.

S. Korea Starbucks In A Froth Over Presidential Candidates Names

Starbucks in South Korea has banned customers from using the names of the country's presidential candidates -- or the disgraced ex-president -- for their orders, the coffee giant told AFP on Wednesday.

Experts say the spectre of looming tariffs has spurred stockpiling

Protection Racket? Asian Semiconductor Giants Fear Looming Tariffs

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

Sony's music division has a roster that includes Beyonce

Sony Logs 18% Annual Net Profit Jump, Forecast Cautious

Japanese entertainment and electronics giant Sony on Wednesday reported an 18 percent jump in annual net profit but issued a cautious forecast for the current financial year.

Equities were mixed in Asia as the China-US trade deal rally ran out of steam

Asian Markets Swing As China-US Trade Euphoria Fades

Asian stocks fluctuated Wednesday, with investors struggling to track a strong day on Wall Street as euphoria over the China-US trade detente petered out.

Ursula von der Leyen has at times been accused of centralised and opaque decision-making

Judgment Day In EU Chief's Covid Vaccine Texts Case

A top court is to rule Wednesday on whether the EU failed the transparency test by declining to release text messages sent by Ursula von der Leyen to the head of Pfizer as the bloc tried to secure Covid vaccines.

US President Donald Trump and the kingdom's Crown Prince Mohammed Bin Salman talk before a coffee ceremony at the Royal Court in Riyadh

Trump Set To Meet Syrian Leader Ahead Of Qatar Visit

Donald Trump was set to meet the leader of Syria and the heads of the Gulf states Wednesday in Riyadh before travelling to Qatar where controversy is swirling over the gifting of a luxury aircraft.

A 90-day reprieve from sharp tariffs on Chinese imports could temporarily unstick a trade embargo between the two countries, experts say

'Panic And Paralysis': US Firms Fret Despite China Tariff Reprieve

President Donald Trump's rollercoaster tariff row with Beijing has wreaked havoc on US companies that rely on Chinese manufacturing, with a temporary de-escalation only expected to partially calm the storm, analysts and business owners say.

Congressman Lloyd Doggett and fellow US Democrats address a rally and press conference to announce their opposition to a Republican plan to cut Medicaid

Republicans Eye Key Votes On Trump Tax Cuts Mega-bill

Republicans geared up Tuesday for a series of crucial votes on Donald Trump's domestic policy mega-bill, with rows over spending threatening to unravel the US president's plans for sweeping tax cuts.

Jose Mujica casts his ballot during internal party elections in June 2009 ahead of the general election in October that year

Jose Mujica: Uruguay's Tractor-driving Leftist Icon

Uruguay's former president Jose "Pepe" Mujica, who has died aged 89, won over legions of fans by adopting a humble lifestyle, giving away most of his salary to charity and driving around in a sky blue Volkswagen Beetle.

Nvidia CEO Jensen Huang had made his case against the AI chip rule with US President Donald Trump

US Reverses Biden-era Export Controls On Advanced AI Chips

The United States rescinded further export controls Tuesday on advanced computing semiconductors, answering calls by countries that said they were being shut out from crucial technology needed to develop artificial intelligence.

An Israeli F-35 fighter jet pictured at an air show

Rights Groups Urge Court To Halt UK Fighter Jet Supplies To Israel

Rights groups on Tuesday urged judges to halt Britain's supply of fighter jet parts to Israel amid the war in Gaza, as they took the government to court and accused it of breaking international law.

The May 3 protest was a rare act of defiance against the junta

Mali Dissolves Political Parties In Blow To Junta Critics

Mali's military government on Tuesday dissolved the west African country's political parties, according to a presidency decree, the latest attempt to clamp down on the opposition since the junta seized power.

The price of US household furnishings and operations jumped in April

US Consumer Inflation Cooled In April To Lowest Level Since 2021

US consumer inflation cooled slightly in April, figures showed Tuesday, coming in better than expected against a background of President Donald Trump's sweeping tariffs.

The Danish green methanol site will produce fuel for the likes of toy-maker Lego, pharmaceutical giant Novo Nordisk and shipping group Maersk

Europe's Biggest 'Green' Methanol Plant Opens In Denmark

Europe's largest "green" methanol plant opened in Denmark on Tuesday, boosting the continent's emissions reduction efforts -- with customers ranging from shipping giant Maersk to toymaker Lego and pharmaceutical firm Novo Nordisk.

Prime Minister Albin Kurti's party failed to secure a majority in Kosovo's parliament to form a government

Stand-off Leaves Kosovo Unable Again To Elect Speaker

Lawmakers in Kosovo on Tuesday again failed to elect a new parliamentary speaker, after 14 previous unsuccessful attempts that have plunged Europe's youngest state into unprecedented political deadlock.

Rights groups accuse the UK government of breaching international law by supplying fighter jet parts to Israel

Rights Groups Take UK Govt To Court Over Israel Arms Sales

Rights groups and NGOs took the UK government to court on Tuesday accusing it of breaching international law by supplying fighter jet parts to Israel amid the war in Gaza.

US auto executives are preparing for a potential pullback on electric vehicle mandates under the incoming Trump administration

Republicans Target EV Incentives, Loan Programs In Sweeping Tax Reform Proposal

Chief among the proposed cuts is the repeal of the electric vehicle (EV) tax credits—$7,500 for new EVs and $4,000 for used models—effective from Dec. 31.