BUSINESS

Donald Trump's tariff threats have rattled foreign businesses and governments, with many fearing it could signal the opening salvo of an all-out trade war when he returns to the White House next year.

Liverpool are the only team with a perfect record in this season's Champions League after beating title-holders Real Madrid 2-0 in their heavyweight clash on Wednesday, with last season's runners-up Borussia Dortmund among the night's other winners.

The outgoing US administration of President Joe Biden urged Ukraine Wednesday to reduce the minimum conscription age to 18 from 25 to tackle a manpower shortage as Russian forces press in.

Zoom Video Communications Inc. has rebranded to Zoom Communications Inc., signaling a shift from its original focus on video conferencing to a broader range of AI-powered work solutions.

The price of Arabica coffee hit the highest level since 1977 on Wednesday, approaching a record high as drought in top producer Brazil this year hits supplies.

While China's electric vehicle (EV) market booms, driven by government subsidies, the EV industry in the United States and Europe continues to decline.

Brazil's Supreme Court on Wednesday started examining four cases that turn on how far social media should be regulated, and what responsibilities platforms have in cracking down on illegal content.

US President-elect Donald Trump announced Wednesday that he was nominating staunch loyalist and retired general Keith Kellogg as his Ukraine envoy, charged with ending the two-and-a-half-year Russian invasion.

Morgan Stanley's wealth-management division is under investigation by multiple government agencies due to its weak anti-money-laundering controls and improperly vetting international clients.

Argentine ex-president Alberto Fernandez appeared in court Wednesday in a case of alleged corruption relating to insurance policies taken out by government departments during his 2019-2023 term.

France does not get to decide whether a free trade deal between the EU and South America's Mercosur bloc goes ahead -- only Brussels does, Brazilian President Luiz Inacio Lula da Silva said on Wednesday.

Sony Group Corporation is in advanced talks to acquire Kadokawa Corporation, a major Japanese publisher known for its anime, manga, and gaming assets.

US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's largest economy.

Anti-government protesters and security forces clashed in Mozambique Wednesday with two people reported killed in a northern city and a military vehicle mowing down another in the capital during fresh demonstrations in support of the opposition leader disputing October elections.

China has freed three Americans considered wrongfully detained in a swap with the United States, US officials said Wednesday, meeting a key goal of outgoing President Joe Biden's administration.

John Chidsey will retire at the end of this year and be replaced by interim CEO Carrie Walsh while the company searches for a successor

Fresh anti-government protests erupted in Mozambique Wednesday after a police vehicle mowed down a woman at a demonstration in the capital in support of the opposition leader disputing October elections.

A U.S. judge stated that it will not be delaying the trial of the case filed by the DOJ against Google.

Databricks is raising $5 billion in cash with a $55 billion valuation.

The FAA will not be requiring an immediate action on the 737 MAX engine after the bird strikes.

Besieged by political turmoil, Pakistan's government is turning to draconian internet censorship which threatens to cut the country off from a promising future, experts and citizens say.

British no-frills airline EasyJet on Wednesday reported a 40-percent rise in annual net profit on strong demand for its package holidays.

Greece's second city Thessaloniki will unveil its new subway system more than a decade late on Saturday after the project was dogged by archaeological challenges and financial difficulties.

Australian lawmakers moved a step closer to banning under 16s from social media platforms Wednesday, threatening companies that fail to comply with multimillion-dollar fines.

German car giant Volkswagen said Wednesday it would sell its operations in China's Xinjiang region, where Beijing has been accused of widespread human rights abuses including forced labour.

The proposed class action lawsuit was filed after Netflix revealed in April 2022 that it had lost 200,000 subscribers in the previous quarter.

The coming year will put incoming US President Donald Trump's geopolitical strategies to the test, as wars rage in the Middle East and Ukraine and tensions rise in Asia.

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.

The wars in the Mideast and Ukraine-Russia have dominated world headlines in 2024 but several other conflicts are ravaging countries and regions.