Latest Business News & Archive

A communication crisis fueled by disinformation engulfed Brazil's government, forcing it to backtrack on a key financial measure

In Brazil, Disinformation Deals Lula A Bruising Defeat

An avalanche of disinformation about a new economic measure proved so tricky for Brazil's government to navigate that they backtracked entirely this week in a rout egged on by the opposition.

Israeli Government Approves Gaza Ceasefire Deal

Relatives of Israeli hostages in the Gaza Strip address the media in Tel Aviv

Israel's cabinet voted to approve a Gaza ceasefire and hostage release deal on Saturday, the office of Prime Minister Benjamin Netanyahu said, ending days of uncertainty about whether the truce would go into effect this weekend.

The Video Games Bedeviling Elon Musk

Gamers have questioned if Elon Musk -- boss of a plethora of companies -- has the time to gain the experience he claims to have at certain games

Skepticism rages about whether Elon Musk actually put in the hours to become a top player of video games "Diablo IV" and "Path of Exile 2."

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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President-elect Donald Trump said the Israel-Hamas ceasefire agreement would not have been reached without pressure from his team

Tech Billionaires Are Lining Up To Attend The Trump Inauguration. There Is One Notable Exception

Tech bigwigs like Mark Zuckerberg, Jeff Bezos and Elon Musk plan to attend Monday's events.

Over 230,000 Flee Eastern DR Congo Violence Since January 1: UN

More than 230,000 people have fled surging violence in eastern Democratic Republic of Congo since the start of the year, the United Nations said Friday, labelling it one of the world's "most alarming" humanitarian crises.

Donald Trump and Xi Jinping spoke days before the US president returns to the White House

Trump, Xi Speak By Phone, Vow Improved Ties Despite Threats

Donald Trump and Chinese President Xi Jinping spoke by phone on Friday, days before the incoming US president returns to the White House, with both leaders vowing to take a positive approach to improving ties between the rival countries.

In a major defeat for TikTok, the US Supreme court ruled that the US government had demonstrated legitimate national security concerns about a Chinese company owning TikTok

US Supreme Court Upholds Law Banning TikTok

The US Supreme Court on Friday upheld a law that will ban TikTok in the United States, potentially denying the video-sharing app to 170 million users in two days.

IMF chief economist Pierre-Olivier Gourinchas, seen in October 2024, said there was a growing divergence in economic growth around the world

IMF Raises Global Growth Outlook And Flags Rising Economic Divergence

Global growth is expected to increase slightly this year while remaining stuck below its pre-pandemic average, the IMF said Friday, flagging the growing economic divide between the United States and European countries.

Ilya Yashin was one of several Russian political prisoners freed in a historic swap with the West last summer

Parents Of Russian Opposition Politician Ilya Yashin Interrogated

Exiled Russian opposition politician Ilya Yashin said Friday that Russian authorities had interrogated his parents and searched their home, as Moscow cracks down on any remaining public dissent left in the country.

Trump's proposals to hike tariffs and curtail immigration would likely constrain the supply side of the economy and push up prices, IMF Chief Economist Pierre-Olivier Gourinchas says

Trump's Economic Plans Could Cause Inflation: IMF Chief Economist

Donald Trump's economic plans risk reigniting US inflation, International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas told AFP, a few days before the president-elect returns to the White House.

While Moscow regularly jails dissenters, cases against legal representatives are still rare

Russia Sentences Navalny Lawyers To Years Behind Bars

Russia on Friday sentenced three lawyers who had defended Alexei Navalny to several years in prison for bringing messages from the late opposition leader from prison to the outside world.

Capital one's merger with Discover would change the US credit card landscape

Capital One Outage Stretches Into 3rd Day, Leaving Customers With Payment Delays

Capital One said it was "actively working" with a vendor to resolve the issue and restore services.

Police vehicles escort a car (C) carrying an accountability court judge as they arrive at the Adiala prison in Rawalpindi before the graft case hearing

Pakistan Ex-PM Imran Khan Sentenced To 14 Years In Graft Case

A Pakistan court on Friday convicted former Pakistan prime minister Imran Khan and his wife Bushra Bibi in a landmark graft case, sentencing Khan to 14 years in prison.

Dozens of EU lawmakers, most but not all from the hard right, are cheering on tech billionaire Elon Musk

'Mini-Musks' Channel Tech Titan In EU Parliament

Fidias Panayiotou, a Cypriot YouTuber-turned-lawmaker who snatched his 15 minutes of fame by hugging Elon Musk, is doubtless the tech titan's biggest fan in the European Parliament -- but far from the only one.

New Apple iPhone 16 models released late in 2024 boast generative artificial intelligence features

Apple Sidelines AI News Summaries Due To Errors

Apple pushed out a software update on Thursday which disabled news headlines and summaries generated using artificial intelligence that were lambasted for getting facts wrong.

Tehran and Moscow have boosted their military and political cooperation in recent years

Russia And Iran To Sign 'Partnership' Pact

Russia and Iran will sign a "comprehensive strategic partnership" treaty on Friday during a visit to Moscow by Iranian President Masoud Pezeshkian, cementing ties between two of the world's most heavily sanctioned countries.

China's leaders are battling to rediscover the spark in the world's number two economy

Asian Traders Give Mixed Reaction As China's Economic Growth Slows

Asian markets were mixed Friday as data showing China's economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.

A supporter of detained and impeached South Korean President Yoon Suk Yeol holds up a safety cone during a rally at the entrance of the Seoul Detention Center

South Korea's Yoon Refuses Questioning Again As Warrant Deadline Nears

Impeached South Korean President Yoon Suk Yeol on Friday again refused investigatgors' efforts to question him over his failed martial law bid, as the deadline on his detention neared.

Large parts of the Pacific Palisades were destroyed in the fire

Private Firefighters Highlight Wealth Divide In Ruined Los Angeles

On one side of the street lie the ashes of ruined houses, lost to the huge blazes that defeated Los Angeles firefighters when hydrants ran dry.

Supervisors say they can see a real change in attitude and behavior among the men in their charge

Inmates Battling LA Wildfires See Chance For Redemption

Inmate Jacob Castro cuts firebreaks in the hills around Los Angeles. He is one of more than 900 inmates working alongside firefighters on containment or operational support in the complicated battle against fires that have ripped through Los Angeles, killing at least two dozen people and destroying homes.

The previous Switch is the third-best-selling console ever after Sony's PlayStation 2

Nintendo Shares Tumble As Switch 2 Preview Disappoints

Nintendo shares tumbled more than six percent Friday after the Japanese games giant failed to impress with a brief video preview of its new Switch 2 console.