BUSINESS

The European Central Bank decided to stand pat Thursday and call for patience in the ongoing battle against inflation, pushing back against market hopes of rapid interest rate cuts.

US regulators approved a detailed inspection framework that would allow the return to service of Boeing 737 MAX planes grounded after an emergency landing earlier this month, officials said Wednesday.

Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk's electric vehicle giant warned of slower volume growth in 2024.

Nathalia de Oliveira, an intern at Brazilian mining giant Vale in the town of Brumadinho, was talking on the phone with her husband when she noticed a rush of birds overhead and felt the ground shake.

The billionaire British former owner of Premier League side Tottenham Hotspur, Joe Lewis, pleaded guilty to insider trading in a US federal court on Wednesday, a prosecutor said.

Microsoft's industry dominance hits new heights with a $3 trillion market cap, propelled by the influence of AI.

US President Joe Biden won the coveted election endorsement of America's biggest car workers union Wednesday, in a major boost to his battle with Donald Trump for the crucial blue-collar vote.

Orders for Coralie de Bouard's alcohol-free red wine have been gushing in since the Qatari owners of Paris Saint-Germain football club asked her to come up with a teetotal tipple for them.

Russia on Wednesday accused Ukraine of shooting down a military transport plane carrying dozens of Ukrainian prisoners headed for a prisoner exchange, killing everyone on board.

The Bank of Canada on Wednesday held its key lending rate at five percent for the fourth time in a row, saying it remains concerned about stubbornly high inflation.

The United Arab Emirates and its powerful ruler were sued in a Washington court Wednesday, accused of bankrolling a "dark public relations" operation that falsely linked an American oil trader to terrorist financing.

British Prime Minister Rishi Sunak on Wednesday pledged to maintain Royal Mail's obligation to deliver letters six days a week, despite calls for less frequent service to slash costs.

An obligation that Royal Mail delivers letters six days per week risks becoming "unsustainable", a UK regulator said Wednesday as it proposed less frequent service.

Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West.

When Filipino drag queen Amadeus Fernando Pagente dressed up as Jesus Christ and sang the Lord's Prayer in a Manila show, he considered it an expression of his Catholic faith.

A giant crane-operated claw plunges into a mountain of rubbish before dumping its load into a huge furnace, where the waste is engulfed in flames to generate electricity.

Central bankers who orchestrated the wave of interest rate hikes over the past two years, hoping to avoid a painful inflationary spiral, are now facing an uncomfortable question: Were their moves helpful?

Most Asian markets rose Wednesday, with Hong Kong leading the pack for a second day following reports Alibaba's co-founders had bought huge stakes in the firm, a day after it emerged China was planning a blockbuster boost for the country's stuttering equities.

Iranian President Ebrahim Raisi was expected to fly to Turkey on Wednesday for twice-delayed talks aimed at ironing out past differences and trying to halt the spread of the Israel-Hamas war.

The house where Jeff Bezos founded online shopping mammoth Amazon is up for sale, offering one lucky buyer the chance to own a piece of internet history.

A US pastor who sold a worthless cryptocurrency to his flock and pocketed $1.3 million, using some of it to remodel his house, has insisted he was only doing what God told him.

Boeing came under renewed pressure Tuesday as the head of Alaska Airlines said inspections carried out after a dangerous incident had found many loose bolts on its 737 MAX 9 aircraft.

Netflix subscription numbers rocketed more than 13 million in the final three months of last year, the company said on Tuesday, despite price hikes at the leading streaming service.

His father's voice, the sounds of passing cars and scissors clipping his hair: An 11-year-old boy is hearing for the first time in his life after receiving a breakthrough gene therapy.

US Secretary of State Antony Blinken sought Tuesday to reverse West Africa's democratic decline through talks with the presidents of two key partners, Nigeria and Ivory Coast, as he called for the fight against extremism to go beyond weapons.

Bitcoin's fall below $39,000 intensifies market complexities and prompts scrutiny of its short-term direction.

Hundreds of unionized staffers at Conde Nast, the parent company behind legacy publications including Vogue and Vanity Fair, walked out Tuesday in protest of looming layoffs.

As co-founder of boutique firm Advise RE, Karen Park has spent over a decade entrenched amongst influential family offices and executives overseeing billions in assets.

The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition.