BUSINESS

The head of British air traffic control on Wednesday blamed a "one in 15 million" event that caused the country's worst systems failure in almost 10 years, stranding thousands of passengers.

The UK government said on Wednesday it would ban Russian mercenary outfit the Wagner Group by listing it as a terrorist organisation.

The Rolling Stones will release their first album of new music in 18 years next month, lead singer Mick Jagger announced on Wednesday.

Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk have turned it into Europe's most valuable company, giving Denmark's economy a major makeover.

A Norway court on Wednesday rejected US tech giant Meta's request to defer a ban on behavioural marketing based on users' personal information, which has landed it a heavy fine in the country.

Rustem Umerov, confirmed by parliament as Ukraine's new defence minister Wednesday, is known as a skilful and pragmatic negotiator with excellent connections in the Muslim world.

Microsoft aims to add more than $39 billion and about 100,000 jobs to the UAE economy over the next four years.

Taiwan chip giant TSMC's planned factory in the United States was making "fast progress", the company's chairman said Wednesday, despite it facing a delayed start due to worker shortages and reported union disputes.

Walmart paid $1.4 billion in July to buy investment firm Tiger Global's remaining stake in Flipkart to strengthen its control in the Indian retailer.

In a 2003 Harvard Business Review article "The Five Minds of a Manager," Jonathan Gosling and Henry Mintzberg introduced a revolutionary framework for effective leadership in the modern global economy. Celebrating its 20th anniversary, Professor Mintzberg now contextualizes these "Managerial Mindsets" within the dynamic landscape of today's fast-paced world.

Thousands of items belonging to the charismatic Queen frontman Freddie Mercury, from manuscripts of his band's biggest hits to furniture, paintings and knick-knacks are on auction in London from Wednesday.

These software systems integrate numerous inventive features to assist businesses in ensuring the availability of their products in appropriate quantities and timing across all sales channels.

Most Asian markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest rate hike.

The EU will reveal Wednesday which of the world's tech behemoths face stronger curbs from next year under a law that will shake up how major players like Apple and Meta do business online.

Southeast Asian leaders meet with top US, Chinese and Japanese officials at a series of summits in Indonesia on Wednesday, where big power rivalries and regional issues from the South China Sea to North Korean missiles will be on the table.

Enrique Tarrio, the former leader of the far-right Proud Boys militia, was sentenced to 22 years in prison on Tuesday for his role in the January 6, 2021 attack on the US Capitol, the stiffest sentence handed out so far.

The trial of two leaders of trucker protests that brought Canada's capital to a standstill and disrupted trade last year -- inspiring similar demonstrations around the world -- opened on Tuesday.

At a dusty construction site on the bank of the Dnipro river in Kyiv, workers busily prepared the heating system for the upcoming winter while it was still warm.

When Brazilian sisters Daniela and Juliana Binatti quit their jobs to launch a new financial technology -- or fintech -- product, colleagues called them a pair of upstart nuts.

French schools sent dozens of girls home for refusing to remove their abayas -- an over-garment from the shoulders to the feet worn by Muslim women -- on the first day of the school year, a government minister said Tuesday.

A Swedish oil firm operated in Sudan with support from the military allegedly knew violence would affect civilians to bring the areas under control, prosecutors said Tuesday as two former executives faced war crimes charges.

Saudi Arabia and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year, continuing their campaign to bolster prices.

Nvidia has better sales growth and a higher Economic Value Added (EVA) than Tesla and Amazon and trades at a lower Price-to-Earnings ratio (PE).

Brokerage firm Bernstein measured the economic gap between India and China on key parameters like nominal gross domestic product (GDP), patents, exports, foreign direct investment (FDI) and forex reserves.

Japan's release of wastewater from the stricken Fukushima nuclear plant has unleashed a wave of misinformation, with AFP debunking false claims of a radioactive Pacific Ocean that have been viewed millions of times.

A star of the award-winning film "Corsage" about the free-spirited Austrian empress Sisi pleaded guilty Tuesday to child pornography charges in a Vienna court.

Southeast Asian leaders met in Indonesia on Tuesday to seek a united voice on the years-long Myanmar crisis as the Philippines said it was ready to replace the country's junta rulers as chair of the bloc in 2026.

"Starfield", one of the most-anticipated video games in years, launches worldwide on Wednesday with the hype -- and production standards -- of a Hollywood blockbuster.

The risk of bombing has made it virtually impossible to insure ships leaving Ukraine via the Black Sea, leaving the sector to find an alternative route, especially for grain.