BUSINESS

The hot U.S. labor market has been the bright spot of a cooling economy in recent months, but there might be more at play.

Oil futures fell about 4% to a one-week low on Thursday on a tentative agreement that would avert a U.S.

Europe's power crisis, production cuts and shortages of aluminium have left consumers in a quandary about Russian supplies of the metal vital for the region's transport, construction and packaging industries.

Florida governor flies migrants to toney Martha's Vineyard

US rail companies, unions reach 'tentative' deal to avert strike

Schiphol CEO quits over Amsterdam airport chaos

Roger Federer, from enfant terrible to saintly global icon

A drop in consumer demand has caused Amazon to rethink its warehouse footprint.

Volkswagen's supervisory board is due to meet on Sunday to move forward with the IPO of its Porsche brand, which will comprise 911 million shares in a nod to its most famous model, two sources close to matter said.

Thai Supreme Court dismisses final Toyota appeal over tax bill

Even as investors crowded the exits on Tuesday, Wall Street's steepest one-day shake out since early in the pandemic in June 2020 carried few of the hallmarks of capitulation that analysts want to see before calling a bottom.

Defying warnings, Jews embark on Ukraine pilgrimage

The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating "buy-now, pay-later" (BNPL) companies like Klarna and Affirm Holdings due to worries their fast-growing financing products are harming consumers, the agency said on Thursday.

Ethereum blockchain completes 'monumental' overhaul

Malaysian firm makes surprise bid for Macau gaming licence

China's exporters - the last reliable pillar of the world's second-largest economy as it struggled with the pandemic, weak consumption and a property crisis - are warning of hard times ahead as softer overseas markets force them to shed workers, shift to lower-value goods and even rent out their factories.

Zara owner Inditex's strong first-half results show its strategy of raising prices since early 2022 paying off so far, but it and other fashion retailers have to be careful not to overdo it with further hikes that may scare away shoppers, analysts said.

Euro zone governments have raised 15 billion euros ($15 billion) from green bonds over the last two weeks, pushing volumes above a year ago even as heightened volatility cuts issuance in the broader market.

Tutankhamun: Egyptians bid to reclaim their history

Typhoon Muifa lashes eastern China, forcing 1.6 million from their homes

Singapore announced plans on Thursday to overhaul its financial services industry by 2025 in a bid to cement its position in a "key battleground" to fight climate change, mobilising capital to support sustainable financing and green fintech.

Asia's stockmarkets were steady but fragile on Thursday, a day after their biggest drawdown in three months as investors weighed the risk of the Federal Reserve announcing a 100 basis point interest rate hike next week to tackle sticky inflation.

Samsung Electronics will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental initiatives aimed at making the company carbon neutral by 2050, the world's largest chip and mobile maker said on Thursday.

Tears as British public pays respects to queen's coffin

A 2-year-old child died in 2017.

Patagonia boldly announced that all of its profits will be donated towards fighting climate change.

AIG Inc's life insurance and retirement division Corebridge Financial Inc raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far this year, braving market volatility and ending a seven-month lull in major listings.

The vast majority of Japanese companies expect the yen to firm against the dollar by year-end, a Reuters monthly poll showed on Thursday, suggesting further weakness in the local currency could catch businesses off guard.

California sues Amazon for allegedly thwarting lower prices