BUSINESS

Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance.

Xi Jinping's crackdown on official corruption has ripped through a secretive missile force, the Communist Party elite, the national football team, and now risks hammering a finance industry already grappling with an economic slowdown.

The makers of a video game dismissed as "Pokemon with Guns" when it was announced said Monday the game has proved a hit, with "Palworld" selling more than five million copies in just three days.

League of Legends maker Riot Games said Monday it will cut around 530 jobs worldwide, describing the layoffs as "a necessity."

The Bank of Japan maintained its signature monetary easing measures on Tuesday, as speculation grows of a shift away from its ultra-loose stance.

Hong Kong led a rally across Asian markets Tuesday as traders were cheered by reports that Chinese authorities were considering a blockbuster boost to equities after a painful start to the year.

Around the clock, glowing slabs of steel move from one machine to the next in a Norwegian factory producing artillery shells desperately needed by Ukraine.

A 7.0-magnitude earthquake struck along the mountainous China-Kyrgyzstan border on Tuesday, injuring at least three people.

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a blowout on another type of aircraft with a similar mid-cabin exit earlier this month.

Activists accused China of seeking to "erase" Tibetan cultural and religious identities, urging a review of Beijing's rights record at the UN on Tuesday to focus on its "cultural genocide" in the region.

US President Joe Biden and Vice President Kamala Harris will push the fight for abortion rights in a series of events this week, highlighting what Democrats believe is political kryptonite for Donald Trump in November's election.

Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.

Forty-seven people were buried when a landslide struck a remote and mountainous part of southwestern China on Monday, state media reported.

Forty years ago Steve Jobs revolutionised personal computing by launching the Apple Macintosh, the first PC with a user-friendly mouse and graphical interface that helped the machines enter the everyday lives of people for the first time.

Most Asian markets rose Monday following a record finish on Wall Street, but hopes for an early US interest rate cut were dealt a fresh blow by Federal Reserve officials looking to rein in investor expectations.

Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new glory due to AI computing -- or be left behind.

Political bickering, ongoing grumbling about ticket prices and disruption to everyday life are souring the mood in the build-up to the Paris Olympics this July -- something organisers blame on typical French pessimism.

A strike on a crowded market in the Russian-occupied city of Donetsk in eastern Ukraine left at least 25 people dead and 20 wounded on Sunday, Moscow-backed officials said.

A blaze at a natural gas terminal in the Baltic Sea port of Ust-Luga on Sunday was caused by an "external factor", said Novatek, Russia's biggest exporter of liquified natural gas.

Tens of thousands of people were expected to turn out again across Germany on Sunday to protest against the far-right AfD, after it emerged that party members discussed mass deportation plans at a meeting of extremists.

Gaza's Hamas-run health ministry on Sunday said the death toll in the war-torn Palestinian territory breached 25,000 as Israel pushed its southward offensive and renewed bombardment in the north.

For almost a century after his death, Vladimir Lenin's carefully preserved body has lain in a purpose-built mausoleum on Red Square -- a glaring reminder of Russia's communist past.

Khaled Ibrahim dreams of a home on the outskirts of Samarra, but a concrete wall built to protect the Iraqi city is stopping him and hampering sorely-needed urban expansion.

Britain's ruling Conservatives are stepping up personal attacks on opposition Labour leader and former prominent lawyer Keir Starmer, who is tipped to become prime minister after the next general election.

NASA has re-established contact with its tiny helicopter on Mars, the US space agency said Saturday, after an unexpected outage prompted fears that the hard-working craft had finally met its end.