BUSINESS

The US Citizens Held In Russian Prisons

American Marc Fogel is back on US soil Wednesday after being released from a Russian prison, in what US President Donald Trump said he hoped was the start of warming ties between Washington and Moscow.
Traders cheered the Heineken results

Heineken Shares Pop On Bubbly Beer Sales

Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover.
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US President Donald Trump shakes hands with India's Prime Minister Narendra Modi during a massive rally in Ahmedabad, Gujarat, India in February 2020

Modi Hopes To Rekindle Trump Bromance

Indian Prime Minister Narendra Modi will try on a US visit to pick up where he left off four years ago in wooing Donald Trump, as he offered quick tariff concessions in hopes of avoiding the second-term president's wrath.
Black tape covers a reference to the United States Agency for International Development (USAID) near its headquarters in Washington

Gutting Aid, US Cedes Soft Power Game To China

When President Donald Trump froze nearly all US foreign aid, Cambodia was forced to suspend workers removing dangerous mines from the country -- until China stepped in with the necessary funding.
Elon Musk and Sam Altman were among the 11-person team that founded OpenAI in 2015

AI Feud: How Musk And Altman's Partnership Turned Toxic

The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in business history, with the Tesla tycoon bidding to buy Altman's OpenAI in an apparent attempt to derail the ChatGPT maker's ascent to becoming one of the world's most important companies.
Despite a drop in earnings, shares in Gucci's parent company jumped as the results were not as bad as feared

Gucci Owner Kering's Annual Profit Plunges

Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
Steel is the industry which emits the largest quantities of planet-warming greenhouse gases

Steel At Heart Of New Trump Trade War

US President Donald Trump's new tariffs on steel promise to further complicate a strategic industry already destabilised by Chinese overproduction and Europe's stuttering blast furnaces.

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