More Than 160 Delegations Invited To Ukraine Peace Talks
Switzerland has invited more than 160 delegations to next month's Ukraine peace conference, the foreign ministry said Thursday, though Russia is not among them "at this stage".
Google Lays Off 200 'Core' Employees; Eyes Shifting Some Roles To India, Mexico
Google laid off at least 200 of its "Core" employees and is now considering moving some of those positions to India and Mexico.
Doubts Grow Over Gaza Truce Plan
Doubts grew on Thursday over the fate of a Gaza truce plan that, as the week began, had raised hopes of an end to nearly seven months of war between Israel and Palestinian Hamas militants.
Maersk's Net Profit Sinks Amid Red Sea Attacks
Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route.
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Yen Slips After Rallying On Suspected Intervention, Stocks Mixed
The yen weakened Thursday following another surge against the dollar that fuelled speculation Japanese authorities had intervened for a second time this week, after Federal Reserve boss Jerome Powell warned interest rates would stay higher for longer.
Colombian School, A Grim Reminder Of Atrocities Of Rubber Fever
A modest wooden school in the middle of the Colombian Amazon preserves the memory of atrocities perpetrated against Indigenous people by rubber industrialists more than a century ago.
13 Years In US Prison For Ukrainian REvil Hacker
A Ukrainian man was sentenced to more than 13 years in prison in Texas on Wednesday for his role in ransomware attacks by the notorious Russia-based REvil hacking group, the US Justice Department said.
Thirty Years On, Brazil Pays Tribute To Late F1 Hero Senna
Thirty years to the day since his death following a crash that sent shockwaves around the world, Brazilians paid homage Wednesday to Formula One superstar Ayrton Senna -- a beloved symbol of national pride comparable only to compatriot Pele.
US Private Sector Job Growth Higher Than Expected: ADP
Hiring in the US private sector cooled in April but job growth was still higher than anticipated, boosted by the services sector, payroll firm ADP said Wednesday.
Tweets Or 'Terrorism'?: Saudi's Jailed Online Activists
A Saudi court's decision to sentence fitness influencer Manahel al-Otaibi to 11 years in prison highlights what activists describe as a fierce crackdown on even vaguely critical online speech.
Pfizer Profits Drop On Lower Covid-19 Product Sales
Pfizer reported a drop in profits on lower sales of Covid-19 related profits Wednesday as it steers investments to other pharmaceutical areas and implements previously announced cost cuts.
Hong Kong Faces Uphill Battle To Lure Back Chinese Tourists
The Lo Wu arrival hall on Hong Kong's border used to throng with visitors during mainland China's "Golden Week", but as the five-day tourism bonanza kicked off on Wednesday, the queues there were modest.
Istanbul Police Clash With May Day Protesters
Turkish police on Wednesday fired tear gas and rubber bullets and detained dozens of protesters after authorities banned May 1 rallies at Istanbul's historic Taksim Square.
Red Bull Confirm Design Chief Newey To Leave F1 Team In 2025
Red Bull confirmed on Wednesday that celebrated chief technical officer Adrian Newey will leave the Formula One team in early 2025 after 19 years.
How AI Changes The Banking Industry
AI will redefine traditional banking, making it more efficient, secure, and innovative. AI-driven chatbots and virtual assistants will streamline the front office, personalize customer service, and improve banks' top and bottom lines, experts said.
Blinken Urges Hamas To Agree Gaza Truce As He Meets Israel Leaders
Top US diplomat Antony Blinken urged Hamas to accept a truce in the Gaza Strip on Wednesday, after Israeli Prime Minister Benjamin Netanyahu vowed to send troops into its far southern city of Rafah.
Donald Trump Gets $1.8 Billion Worth Of 'Earnout' Shares In Trump Media Group
Donald Trump has received an additional $1.8 billion worth of stock in Trump Media & Technology Group, the parent company of Truth Social, as part of a bonus referred to as "earnout" shares.
US Fed Likely To Keep Rates Steady As Hopes Of Early Cuts Fade
The US Federal Reserve is expected to hold interest rates steady for a sixth straight meeting Wednesday, with a summer start to cuts looking less likely owing to stubborn inflation.
Weak Yen Boosts Tourist Wallets In Japan
Foreign tourists are flocking to Japan in record numbers and thanks to a sliding yen many are living like kings, splashing out on everything from kimonos to knives and slap-up meals.
Starbucks Points To Weaker Consumer As Profit Falls
Starbucks reported lower profits on falling sales on Tuesday as the coffee giant pointed to weakening consumer sentiment and lackluster conditions in China as factors behind an earnings miss.
Minouche Shafik: From Renowned Economist To Embattled Columbia President
An esteemed economist, Minouche Shafik was thrilled to become president of one of America's most prestigious colleges.
Asian Markets Track Wall St Down Ahead Of Fed Decision
Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.
Indonesia Volcano Eruption Shuts More Airports, Ash Reaches Malaysia
Eruptions at a remote Indonesian volcano forced more than half a dozen airports to close with ash spreading as far as Malaysia, officials said Wednesday, while authorities rushed to evacuate thousands due to tsunami fears.
Amazon Triples Quarterly Profit As Cloud Surges
E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.
Vienna Conference Urges Regulation Of AI Weapons
The world should establish a set of rules to regulate AI weapons while they're still in their infancy, a global conference said on Tuesday, calling the issue an "Oppenheimer moment" of the time.
Tesla To Cut Hundreds More Jobs In Musk Cost Push: Report
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.
Gaza Boycott Continues To Weigh On McDonald's Sales
McDonald's reported a modest increase in quarterly profits Tuesday despite a boycott stemming from the Middle East conflict expected to drag on sales for the foreseeable future.
Spanish PM Gets Back To Work After Weighing Resignation
Spanish Prime Minister Pedro Sanchez got back to work on Tuesday, a day after he announced he would stay on following days of weighing his future in response to a graft probe targeting his wife.
European Satellite Giant SES To Buy US Rival Intelsat
European satellite group SES will acquire US rival Intelsat for $3.1 billion, the companies said Tuesday, seeking to compete in a race for space-based internet service led by Elon Musk's Starlink.
Changpeng Zhao, The 'Normal Guy' Who Conquered Crypto
During his time at the helm of the world's biggest cryptocurrency firm, former Binance boss Changpeng Zhao, who will be sentenced in the United States later Tuesday for money laundering, perfected the humble executive look.
Chinese Tech Giant Huawei Profit Surges 564%, Biting Into Apple Sales
Tech giant Huawei's first-quarter profits surged over fivefold year-on-year, a company filing showed Tuesday, as the US-sanctioned firm continues a rebound and bit into competitor Apple's sales in China.
Abu Dhabi-backed Group Ends Telegraph Takeover Bid
An Abu Dhabi-backed group planning to take over Britain's Telegraph Media Group (TMG) said Tuesday it will withdraw and sell on the business after the UK government moved to block the deal.
French Charity Boycotts Olympic Torch Relay Over Coca-Cola
A French environmental charity said it had turned down the chance to take part in the torch relay ahead of the Paris Olympics over the role of Coca-Cola as a major sponsor.
EU Probes Facebook, Instagram Over Election Disinformation Worries
The EU on Tuesday launched an investigation into Meta's Facebook and Instagram over concerns the platforms are failing to counter disinformation ahead of EU elections in June.
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