BUSINESS

All eyes are now on the Federal Reserve's policy decision later in the day

Stocks, Dollar Retreat Before Fed Rate Decision

Major stock markets mostly retreated Wednesday as a China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more US rate hikes before the end of the year.
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Having established itself as a business and luxury hot spot, Dubai is now also attracting some of the world's leading culinary names

Glitzy Dubai Hungry For Culinary Fame

French chef Renaud Dutel never thought his career would take him to the United Arab Emirates' glam hub of Dubai, but has found there a culinary capital in the making.
Elon Musk evidently continues to call the shots at freshly rebranded Twitter despite hiring an ad industry executive to replace him as chief executive

Elon Musk Puts His 'X' On Twitter

Since buying Twitter, Elon Musk has made significant changes to the company as well as the app itself, from charging for features to killing off the bird logo. Musk earlier said the company was "Going with (a) minimalist art deco" logo, and that "X.com now points to twitter.com."
TikTok is branching into text-only posts, offering a new alternative to Twitter, which has been rebranded as X

TikTok Rivals Twitter With New Text Format

TikTok, the social platform known for its addictive video content, announced Monday that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter.
Eurozone inflation eased to 5.5 percent in June as energy costs slid, but those of food and drinks remained elevated

Eurozone Economic Downturn Steepens In July

Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in manufacturing, a key survey said Monday.

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