Latest Business News & Archive

With the collapse of the national currency against the dollar, even Iran's domestic rug market is at risk of evaporating

Iran's Carpet Industry Unravelling Under Sanctions

Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and buyers' tastes change.

Asia Markets Waver After Wall St Retreats From Record

Federal Reserve boss Jerome Powell warned there was 'no risk-free path' on interest rates

Equities wavered Wednesday following a down day on Wall Street, where worries about high valuations were compounded by mixed messaging from the Federal Reserve on its plans for interest rates.

14 Killed By Lake Burst In Taiwan As Typhoon Ragasa Wreaks Havoc

Waves crashing into the Heng Fa Chuen residential district of Hong Kong as Super Typhoon Ragasa rages

Fierce winds, pounding rain and high seas battered Hong Kong on Wednesday as Super Typhoon Ragasa headed into southern China after causing a lake burst that killed at least 14 people in Taiwan.

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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'Jimmy Kimmel Live!' is taped in the heart of Hollywood

Jimmy Kimmel Back On The Air, But Faces Partial Boycott

Jimmy Kimmel's late-night talk show will be back on the air in the United States Tuesday after a week-long hiatus following government pressure on broadcasters that critics said amounted to a chill on free speech.

US President Donald Trump (seated R) holds a bilateral meeting with Argentinian President Javier Milei (L) on the sidelines of the United Nations General Assembly in New York City

'We're Gonna Help': Trump To The Rescue Of Struggling Argentina

US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, who is seeking a US loan to calm markets ahead of crucial mid-terms elections.

YouTube's move to reinstate users previously banned for misinformation marks a victory for Donald Trump's conservative allies

YouTube To Reinstate Creators Banned Over Misinformation

YouTube is set to reinstate creators previously banned for promoting Covid-19 misinformation and false election-related content, according to a letter sent Tuesday by parent company Alphabet to a Republican lawmaker.

German Chancellor Friedrich Merz has made boosting Europe's biggest economy a priority but critics charge that, after four months in power, his government is moving too slowly and not living up to its promises of reform.

German Business Groups Pressure Merz Over Ailing Economy

German business associations in talks with Chancellor Friedrich Merz stressed the "urgency" of steps to help the ailing economy, one group said Tuesday, with reports describing a stormy encounter.

Iran executes more people anually than any nation other that China

Iran Executed At Least 1,000 This Year In Prison 'Mass Killing': NGO

Iran has executed at least 1,000 people so far in 2025, an NGO said on Tuesday, denouncing a "mass killing campaign" in prisons aimed at spreading fear through society.

Big Tech must do more to tackle illegal content online in the European Union under the bloc's Digital Services Act

EU Queries Apple, Google, Microsoft Over Financial Scams

The European Union on Tuesday demanded Big Tech players including Apple and Google explain what action they are taking against financial scams online, as Brussels seeks to show it is not shying away from enforcing its rules.

Danish Prime Minister Mette Frederiksen linked the drones to other airspace violations and cyberattacks elsewhere in Europe

Drone Flights 'Most Serious Attack' On Danish Infrastructure, PM Says

Large drones that flew over Copenhagen airport for hours and caused it to shut down constituted the "most serious attack on Danish critical infrastructure" to date, Prime Minister Mette Frederiksen said Tuesday.

Microsoft's Windows 11 is incompatible even with some recent machines

Sunset For Windows 10 Updates Leaves Users In A Bind

Microsoft's plan to halt updates for its Windows 10 operating system in mid-October has raised hackles among campaign groups and left some users worried they must buy new computers to be safe from cyberattacks.

To stem their anxiety, the girls maintain rigorous daily routines, starting with the dawn call to prayer. They also practice English through YouTube videos and reading.

Hopes Of Western Refuge Sink For Afghans In Pakistan

In their Pakistan safehouse, Shayma and her family try to keep their voices low so their neighbours don't overhear their Afghan mother tongue.

US Representative Adam Smith, flanked by US Ambassador to China David Perdue (left) and Michael Baumgartner, Republican member of House Foreign Affairs Committee during a press conference at the US embassy in Beijing

US Lawmaker Warns Of Military 'Misunderstanding' Risk With China

The leader of a US congressional delegation to China warned Tuesday of the "risk of a misunderstanding" between the two countries' militaries as advances in defence technology move at breakneck speed.

(FILES) Egyptian activist and blogger Alaa Abdel Fattah has been jailed under successive governments

Egypt Frees Activist Alaa Abdel Fattah After Sisi Pardon

Prominent British-Egyptian activist Alaa Abdel Fattah was released from prison in Cairo, his family said on Tuesday, prompting an emotional reunion with his loved ones after a pardon from President Abdel Fattah al-Sisi.

Investors are looking ahead to the release of key US inflation data later in the week

Asian Markets Struggle As Focus Turns To US Inflation

Asian markets struggled Tuesday to track another record day on Wall Street, with traders now awaiting the release of US inflation data that could dictate Federal Reserve policy in coming weeks.

Denma fled the war-wracked Georgian region of Abkhazia as a child

Maverick Georgian Designer Demna Debuts For Gucci In Milan

Maverick Georgian designer Demna makes his debut for Gucci at Milan Fashion Week on Tuesday with a film of a family of Italian characters bursting with attitude, as the house pledged a "new era" its history.

TV host Jimmy Kimmel will return to hosting his late-night talk show Tuesday after being pulled from the air last week

Jimmy Kimmel Show To Return Tuesday: Disney

Jimmy Kimmel's late night talk show, which was abruptly pulled from the air last week after the US government threatened broadcasters, will be back on Tuesday, Disney announced Monday.

Trump has repeatedly delayed the implementation of the ban while the White House looked for a team of domestic buyers for TikTok's US business

White House Promises US-controlled TikTok Algorithm

The White House on Monday said a US version of TikTok would feature a homegrown model of the app's prized algorithm, potentially clearing one of the main obstacles to keeping the Chinese-owned platform online in the United States.

US Federal Reserve Governor Stephen Miran said leaving short-term interest rates about two-percentage points too tight brings risks to employment

New US Fed Governor Says Rates Should Be Around 'Mid-2%'

The US Fed governor newly appointed by President Donald Trump argued Monday for significantly lower interest rates, signaling that concerns over inflation may be overblown.