BUSINESS

Mali and its neighbours

Mali, Niger, Burkina Sign Mutual Defence Pact

The military leaders of Mali, Burkina Faso and Niger on Saturday signed a mutual defence pact, ministerial delegations from the three Sahel countries announced in Mali's capital Bamako.
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UAW members picket outside of the Local 900 headquarters across the street from a Ford assembly plant in Wayne, Michigan on September 15, 2023

US Auto Workers, Companies Face Off On Day Two Of Strike

Workers and management from the iconic "Big Three" auto giants were to face off at the negotiating table Saturday on the second day of a strike threatening to disrupt the economy and rock the 2024 presidential election campaign.
The liftoff took place after Russia's first lunar mission in nearly 50 years failed last month

Two Russians, American Reach Space Station

Two Russian cosmonauts and an American astronaut docked with the International Space Station on Friday after blasting off from Baikonur amid raging tensions between Moscow and Washington over Ukraine.
National Security Advisor Jake Sullivan speaks in the James S. Brady Press Briefing Room of the White House

Zelensky To Make Second Wartime White House Visit To Rally Support

Ukrainian President Volodymyr Zelensky will pay his second wartime visit to Washington next week, the White House announced Friday, in a bid to solidify the support of his country's crucial backer which has shipped billions of dollars in aid to fight Russian invaders.
TikTok opened a long-promised data centre in Ireland this month as it tries to calm fears in Europe over data privacy

EU Hits TikTok With Big Fine Over Child Data

A European Union regulator hit Chinese-owned social media platform TikTok with a 345-million-euro fine over child data breaches on Friday, in the bloc's latest salvo against the business practices of tech titans.
A jump in Chinese retail sales has lifted hopes for the world's number two economy

China Retail Sales Surge In August, Boost Hopes For Economy

Chinese retail sales jumped last month, data showed Friday, beating expectations and fuelling hopes that the country's army of consumers are returning to help kickstart the world's number two economy after an extended period of weakness.
Penny Pritzker, the former US commerce secretary tapped to lead US efforts on Ukraine reconstruction,  arrives for a state dinner in honor of South Korean President Yoon Suk Yeol at the White House on April 26, 2023

US Taps Business Leader To Bring Ukraine Investment

US President Joe Biden on Thursday tapped Penny Pritzker, a billionaire businesswoman who served as commerce secretary, to encourage investment in Ukraine, which is expected to need hundreds of billions of dollars to recover from Russia's invasion.
Policymakers face a complex picture as they make their latest interest rate decision

Interest Rate Cliffhanger As ECB Mulls Hike Or Pause

Eurozone interest rate setters face the toughest call of their long battle against red-hot inflation Thursday, when they decide whether to raise borrowing costs again or finally pause the unprecedented hiking campaign.

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