Malaysia's prime minister vowed Wednesday to chase a new settlement from US investment bank Goldman Sachs for its role in the billion-dollar corruption scandal at the 1MDB state fund.
Oil cuts by Saudi Arabia and Russia will cause a "significant" global supply shortfall through the end of the year, raising the risk of further market volatility, the International Energy Agency said Wednesday.
The Detroit Auto Show, normally a cheery showcase of latest models from the three legacy US car giants, is taking second fiddle this year to a looming auto workers' strike and its mounting odds.
TikTok on Wednesday criticised calls by Indonesia to ban social media transactions, as Jakarta rails against what it says are monopolistic practices by major companies with e-commerce platforms such as the Chinese-owned firm.
Iran has imposed curbs on the internet in the year since protests erupted over Mahsa Amini's death, forcing people to find other ways to run their businesses or keep in touch with loved ones.
Natural disasters are now happening so frequently that reinsurers -- the firms that sell insurance to insurance companies -- are scaling back their exposure to such risks.
Did banking giant UBS make "the deal of the century" when it bought one of the world's biggest banks for a pittance as it teetered on the edge of the abyss?
The imminent demise of household goods seller Wilko highlights the challenges UK retailers currently face amid decades-high inflation and anaemic economic growth, but experts argue it also stems from bad management.
Ford's CEO said Tuesday night that he was still optimistic of averting a looming strike, but that "there is a limit" to what the company can accept.
Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the Federal Reserve to lift interest rates again.
Qantas illegally sacked 1,700 ground staff during Covid-19 lockdowns, Australia's High Court ruled Wednesday, dismissing an appeal by the airline and opening up the prospect of hefty compensation.
French regulators on Tuesday ordered Apple to halt sales of the iPhone 12 for emitting too much electromagnetic radiation, and to fix existing handsets.
More than 18 months into Russia's invasion of Ukraine, documentary filmmakers who screened their latest work on the conflict at the Toronto film festival say it is more important than ever to keep the crisis in the public consciousness.
As colder weather sets in, Covid rates are once more rising across the Northern Hemisphere, with several new variants on the scene.
British energy giant BP said Tuesday that its chief executive Bernard Looney has resigned "with immediate effect", after admitting that he had not been "fully transparent" about historical relationships with colleagues.
When Apple unveils its latest iPhone on Tuesday, the European Union will have left its mark on the US giant's flagship product.
The de-globalisation of international trade is far from being a reality, but "the first signs of fragmentation" are appearing, the WTO warned Tuesday, concerned of the effects of the phenomenon on growth and development.
McDonald's Japan, automaker Nissan and beer giant Kirin said Tuesday they were dissociating themselves from Japan's biggest boyband agency following revelations about decades of sex abuse by its late founder.
Australia's most populous state announced Tuesday a logging ban in a forest haven for koalas, aiming to protect the local population from being wiped out.
Apple on Tuesday is expected to freshen its iPhone lineup, improving performance and switching to a universal charger set to become mandatory in Europe next year.
Masayoshi Son's once-exalted reputation as an investor is badly tarnished, but the irrepressible founder of Japan's SoftBank is hoping that the mega-IPO of Arm this week might bring back the good times.
Asian markets struggled Tuesday to extend a Wall Street and European rally as traders nervously await US inflation data, while lingering concerns about China's economy remain a millstone.
Philippine Nobel laureate Maria Ressa was acquitted Tuesday of her final tax evasion charge, in the latest legal victory for the veteran journalist as she battles to stay out of prison.
More than 10,000 staff will lose their jobs at struggling UK household goods retailer Wilko, administrators said Monday, after last-ditch talks on a rescue deal with the owner of the HMV music store chain collapsed.
At least 150 people were killed when freak floods hit eastern Libya, officials said Monday, after storm "Daniel" swept the Mediterranean, its torrential rains earlier lashing Turkey, Bulgaria and Greece.
North Korea said Monday that leader Kim Jong Un would visit Russia and meet President Vladimir Putin, with the reclusive leader's armoured train reportedly on its way to the border.
A hotly anticipated biography of Elon Musk describes the turbulent tycoon as a man driven by childhood demons, obsessed with bringing human life to Mars and who demands that staff be "hardcore."
Thousands of job losses at struggling UK household goods retailer Wilko are looking increasingly likely after the owner of the HMV music store chain said Monday that talks for a last-ditch rescue deal had collapsed.
In fried-chicken-obsessed South Korea, restaurants serving the nation's favourite fast-food dish dot every street corner.
Biden and Vietnam's ruling Communist Party chief -- the country's paramount leader -- struck a "comprehensive strategic partnership" as Washington pushes to boost its network of allies around Asia and the Pacific to counter Beijing's growing clout.
