BUSINESS

Indian rescuers said Saturday they had paused efforts to reach 40 men trapped in a collapsed road tunnel after a cracking sound created a "panic situation" over the possibility of a further cave-in.

Ayrton Senna and Michael Schumacher both conquered the Formula 3 Macau Grand Prix on its treacherous street circuit before becoming legends of motor racing.

Thousands of fans from around the world have descended on South Korea's capital Seoul for the League of Legends world championship final on Sunday, widely considered the Super Bowl of e-sports.

An exodus of big-name advertisers appeared under way at X, formerly Twitter, on Friday in the wake of Elon Musk endorsing an anti-Semitic conspiracy theory.

Six weeks after the eruption of the war in Gaza with the attack by Hamas on Israel, social media platforms are still caught in the maelstrom, struggling to control content and withstand user fury.

The US ratings agency Moody's announced Friday it had affirmed Italy's credit rating at Baa3, and upgraded the country's outlook to "stable" from "negative," citing its significant economic strengths.

In a whirlwind US trip this week, Chinese President Xi Jinping held long talks with President Joe Biden, got a standing ovation from top business leaders, and even hinted there could be more pandas on the way to the United States.

OpenAI, the company that created ChatGPT a year ago, said Friday it had dismissed CEO Sam Altman as it no longer had confidence in his ability to lead the Microsoft-backed firm.

Backlash against the CEO of Tesla and owner of X is growing after his post seemingly endorsing Antisemitic views.

A Republican congressman who won office with a glittering but faked resume, then allegedly stole funds for treats including Botox and the OnlyFans porn site, faced a new bid Friday to force his expulsion from the US House of Representatives.

Russian officials said Friday they are seeking a ban on the "international LGBT public movement," building on a crackdown against liberal-leaning groups that has intensified since Moscow deployed troops to Ukraine.

Homebuilders are adjusting their projects to keep attracting buyers amid high interest rates.

Shapeshifting Colombian superstar Shakira is in comeback mode after a torrid, highly publicised split from her footballer ex, Gerard Pique.

Tech giants Meta and TikTok are contesting the scope of an EU law that from March will set new rules on competition in the digital marketplace.

Indian rescuers said Friday they had drilled less than halfway through the debris to reach 40 men trapped in a collapsed tunnel for nearly a week.

US restrictions on advanced computer chips are forcing China's tech giants to rethink their ambitious AI-powered projects, analysts say.

Abdullah al-Derazi's family describes him as a sensitive bird-lover who once cared for dozens of canaries, but the Saudi courts see him differently: as a terrorist who must be executed.

The Las Vegas Grand Prix suffered an embarrassing start when the first practice session on the new circut was abandoned after just nine minutes of racing on Thursday due to a loose drain cover.

Asian stocks fell Friday as a rally fuelled by the likely end of US interest rate hikes ran out of puff, while Alibaba dragged Hong Kong down after saying it would cancel the planned spinoff of its cloud computing arm.

Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war.

IBM on Thursday said it has stopped advertising on X due to a report its ads were shown next to pro-Nazi posts at the platform formerly known as Twitter.

The use of stop-gap funding measures to keep the US government open amid frequent political squabbles over how to tackle rising national debt carries long-term risks for the world's largest economy.

Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.

E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year.

The United States stumbled again in trade negotiations with Asia-Pacific partners this week, a setback that analysts say could weigh on America's standing as a partner in the face of China's growing influence.

The US Federal Reserve may be on track to bring down inflation while avoiding a damaging recession, a senior policymaker said Thursday.

The partnership with Hyundai includes the use of Amazon cloud services and adding Alexa to cars of the brand.

Chinese e-commerce giant Alibaba said Thursday it was cancelling a planned cloud service spinoff announced this year over US chip restrictions, as it reported results for the third quarter of 2023 that were in line with market expectations.

The report showed that the number of people receiving unemployment benefits is now at the highest point in almost two years.