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US stocks fall as inflation unexpectedly heats up
US stock markets tumbled on Wednesday as an inflation reading came in hotter than expected, fanning fears that the Federal Reserve will keep interest rates higher for longer.
Bankrupt ex-Turkey operator of KFC, Pizza Hut says wages to be paid
The former operator of the KFC and Pizza Hut franchises in Turkey on Wednesday promised to pay the outstanding salaries of its 7,000 staff just days after filing for bankruptcy.
Stock markets gain before US inflation data
Asian stock markets rose and there were fresh record highs for leading European indices Wednesday as attention turned to upcoming US inflation data.
'I will fight': Khelif responds to boxing organisation lawsuit
Algerian gold winning boxer Imane Khelif has denounced "false and offensive" allegations after the International Boxing Association (IBA) said it will sue the International Olympic Committee over her and another female athlete's inclusion at the games' women's boxing last year.
Two astronauts stranded on space station to touch down early
Two American astronauts who have been trapped on the International Space Station since June could return to Earth earlier in March than expected, NASA said Tuesday.
Heineken shares pop on bubbly beer sales
Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover.
Flattery and pragmatism: UK plan to stay on Trump's good side
With its flattering rhetoric, leniency in responding to US trade threats and alignment with Washington this week at a summit on artificial intelligence, the United Kingdom has signalled a willingness to take President Donald Trump's side over Europe.
'What would you have us do?': the plastic credits problem
Twice a day, sirens sound at Cambodia's Chip Mong Insee cement kiln, warning limestone will soon be blasted from the karst mountain that overlooks the sprawling industrial site.
Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank "did not need to be in a hurry" to cut interest rates again.
What are reciprocal tariffs and who might be affected?
US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this "the only fair way" to trade.
US inflation fight to take time in 'highly uncertain' environment: Fed official
The US Federal Reserve is in a strong position to weather the "highly uncertain" economic outlook, but its inflation fight will take time to win, a senior US central bank official said Tuesday.
Ford CEO says Trump policy uncertainty creating chaos
The Trump administration's tariff threats and animosity towards electronic vehicles are producing a "lot of cost and a lot of chaos" for Ford, the automaker's chief executive said Tuesday.
Altman says OpenAI 'not for sale' after Musk's $97 bn bid
Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in response to a reported $97.4 billion bid from competitor Elon Musk.
Trump says US disaster relief agency should be 'terminated'
President Donald Trump launched a fresh attack Tuesday on the US federal disaster agency FEMA, calling for it to be shut down and its duties instead handed to individual states.
'Ridiculous and lame': South Africans mock Trump proposals
On the streets of Johannesburg's student district, US President Donald Trump's offer to accept white Afrikaners as refugees landed as both "ridiculous" and "lame", among South Africans of all races.
Global stocks mixed as tariff uncertainty looms
European and Asian markets struggled for direction and gold hit a fresh high Tuesday as traders kept a nervous eye on Donald Trump's next tariff moves.
BP pledges strategic 'reset' as profit tumbles
Britain's BP on Tuesday said its annual net profit slumped 97 percent last year, as the struggling oil and gas giant pledged to "fundamentally reset" its strategy.
Gucci owner Kering's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
Trump signs orders for steel, aluminum tariffs to start March 12
US President Donald Trump signed executive orders to impose 25 percent tariffs on steel and aluminum imports from March 12, ramping up a long-promised trade war despite warnings from Europe and China.
EU leaders vow 'firm' response to US tariffs
EU chief Ursula von der Leyen vowed on Tuesday to retaliate firmly against US President Donald Trump's decision to impose tariffs on steel and aluminium imports.
YouTube, the online video powerhouse, turns 20
YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership.
Playgrounds come alive again with Brazil school phone ban
In Rio de Janeiro, children are playing again "like in the old days," and their focus in class has improved after a school cellphone ban pioneered in the city that has now gone national.
Could a climate megaproject cloud Chile's unparalleled views of universe?
As night falls on the Atacama desert in northern Chile four giant telescopes turn their gaze towards the star-strewn heavens.
Trump signs executive orders on steel, aluminum tariffs
US President Donald Trump on Monday made good on a promise to slap 25 percent tariffs on steel and aluminum imports, stepping up a long-promised trade war despite warnings from Europe and China.
US judges challenge Trump cuts as legal battles mount
The Trump administration was on a collision course with the US courts Monday, with federal judges questioning the legality of the White House’s cost-cutting onslaught of government and Vice President J.D Vance warning the judiciary to back off.
Global stock markets brush off latest Trump tariffs
Global stock markets rose on Monday, as traders largely shrugged off US President Donald Trump's latest tariffs announcement on steel and aluminum.
US federal workers weigh Trump buyout as court to step in
US federal workers face another deadline Monday to accept a mass buyout from their government jobs as a judge holds a key hearing on whether the offer is legal.
McDonald's profits dented by food poisoning outbreak
McDonald's reported a dip in profits Monday as it contended with lingering effects from a US food poisoning outbreak that depressed sales in its home market.
Trump to impose new 25% tariffs on steel, aluminum
US President Donald Trump plans to slap 25 percent tariffs on steel and aluminum imports Monday, prompting threats of retaliation from Europe and a warning from China that there are no winners in a trade war.
Global stocks markets push higher despite more Trump tariffs
Global stock markets rose Monday, as traders appeared to shrug off US President Donald Trump's latest tariffs announcement surrounding levies on steel and aluminium.
Nestle share slump adds pressure on new boss
Nestle's slumping share price is rattling shareholders and pension funds that have invested in the food giant, piling pressure on its new boss ahead of Thursday's annual results.
Spain boss Tome denies 'punishing' Hermoso after forced kiss
Spain manager Montse Tome on Monday denied "punishing" Jenni Hermoso by dropping her after ex-football federation chief Luis Rubiales forcibly kissed her at the 2023 Women's World Cup final.