Latest Business News & Archive

The new EPR nuclear reactor at Flamanville in northwestern France will soon be delivering electricity to the grid

After Long Delay, French Nuclear Plant Coming On Stream

France's flagship nuclear reactor at Flamanville in Normandy will finally enter service on Friday after a dozen years of delay, operator EDF said Wednesday.

Further Hike In UK Inflation Hits Rate Cut Chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

UK's Farage Says In 'Negotiations' With Musk Over Funding

Farage's Reform UK party won five seats in the 650-seat UK parliament in July's general election

Tech billionaire Elon Musk is in talks with UK anti-immigration firebrand Nigel Farage about donating to his hard-right party, the British lawmaker has said.

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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Analysts expect Fed Chair Jerome Powell to signal a likely slowdown in the pace of rate cuts in 2025

US Fed Expected To Cut Interest Rates Again, But Path Ahead Is Murky

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead.

A standard pair of Momotaro Jeans costs about $200, but its most expensive offering -- woven by hand on a wooden machine -- can be as much as $1,300

True Blue Tradition: How Japan's Coveted Jeans Are Made

Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.

Shares in Japanese car giant Nissan surged more than 20 percent on reports it is in merger talks with Honda

Asian Markets Diverge Ahead Of Fed News, Nissan Soars On Merger Reports

Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

US President-elect Donald Trump has been spending much of his transition time before returning to the White House at his Florida estate Mar-a-Lago

'Everybody Wants To Be My Friend': Trump Feels The Love

A shock outsider when he was first elected president eight years ago -- and a pariah when he left office -- Donald Trump appears to be the most popular person in America as far as the rich and powerful are concerned.

Global action against TikTok, owned by Chinese firm ByteDance, kicked off in earnest in India in 2020

One Billion Users, But Controversies Mount Up For TikTok

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has drawn intense scrutiny, particularly over its links to China.

A blockbuster funding round for San Francisco-based startup Databricks is another sign of hunger by investors for companies poised to cash in on generative artificial intelligence

AI Startup Databricks Raises $10 Bn As Value Soars

Young startup Databricks, which specializes in scaling and building artificial intelligence, said Tuesday it raised $10 billion, bringing the company's valuation to $62 billion.

This handout mugshot provided by the Pennsylvania Department of Corrections shows Luigi Mangione, who has now been indicted for the murder of a top health insurance executive in New York

US CEO Slaying Suspect Charged With Murder As 'Act Of Terrorism'

US authorities on Tuesday charged the man suspected of gunning down a health insurance CEO in New York earlier this month with murder, including a charge of second-degree murder "as an act of terrorism."

Chrystia Freeland, seen in April 2023, has disagreed with Canadian Prime Minister Justin Trudeau over Donald Trump's US tariff threats

Canada's Trudeau Battles To Hold On After Deputy PM Resigns

The bombshell resignation of Canada's deputy prime minister is spurring new calls for the resignation of Justin Trudeau, whose rock-bottom popularity is plummeting further amid opposition attacks and US President-elect Donald Trump's tariff threats.

Bashar al-Assad's brutal rule over Syria came to a sudden end on December 8, 2024, after a lightning rebel offensive swept across the country and took the capital

Assad's Fall Clears Way For Expanded US Strikes On IS Jihadists

Bashar al-Assad's overthrow has cleared the way for US strikes against the Islamic State group in areas previously shielded by Syrian and Russian air defenses -- but the jihadists may also try to exploit the vacuum left by his fall.

Veloso's case sparked outrage in the Philippines, with rallies of support and please for her release

Filipina On Indonesia Death Row Handed To Philippine Officials

A Filipina inmate on death row in Indonesia was handed over to Philippine officials in capital Jakarta Tuesday, before flying home after the countries signed an agreement for her repatriation.

The Data Protection Commission (DPC) criticised Meta for a security flaw in its video upload function which hackers were able to exploit

Ireland Fines Meta 251 Mn Euros Over Facebook Hacks

An Irish regulator helping police European Union data privacy on Tuesday said it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw users' accounts hacked.

Filing Season Nears: Updated Tax Brackets For 2024, 2025 Revealed

Standard deductions, AMT exemptions, and other tax provisions will be impacted by the inflation adjustments that the IRS has announced for the 2025 tax year. Find more about the modifications and how your taxes can be impacted.

Netflix bet heavily on its content line-up, including "3 Body Problem," based on a Chinese trilogy of novels

Pay Less, Watch More: Your Ultimate 2025 Guide To Affordable Streaming

Opt for credit cards that offer rewards for streaming service purchases. Ensure you choose the right credit card that provides these perks to avoid disappointment when expecting cashback.

Turkish teams joined the search for prisoners at the notorious Saydnaya prison, north of Damascus

Syria's New Rulers Step Up Engagement With The World

Syria's new rulers stepped up engagement on Tuesday with countries that deemed ousted president Bashar al-Assad a pariah, with the French flag raised at the embassy for the first time in over a decade.

Fear Uncertain Economic Times Ahead? Five Ways To Protect Your Investments

Investors who remain focused on their long-term goals and avoid knee-jerk reactions to market fluctuations often come out ahead.

For an annual fee of 25,000 euros for up to three years, companies can 'adopt' one of the Duomo statues

Restoring Milan's Duomo, One Statue At A Time

In a workshop in the Milan suburbs, sculptor Giovanni Calderino completes his latest project -- a battered statue from the top of the Italian city's gothic cathedral, and its gleaming white replacement.

Chinese Foreign Minister Wang Yi said the US and China can achieve 'great things' together, while warning Washington over Taiwan

China, US Can Achieve 'Great Things', Says Beijing Foreign Minister

China's foreign minister said Tuesday that Beijing and Washington can achieve "many great things" if they work together, ahead of next month's inauguration of president-elect Donald Trump.

Protesters wave light sticks with placards reading 'Arrest Insurrectionist Yoon Suk Yeol!' during a rally calling for the ouster of the South Korean president

S. Korea's Yoon Given Until Saturday To Appear For Questioning: Yonhap

South Korean prosecutors on Tuesday told impeached President Yoon Suk Yeol to appear by the weekend for questioning over his failed martial law bid or face possible arrest, the Yonhap news agency said.