Latest Business News & Archive

The US Supreme Court has set a January 10 hearing for a ByteDance legal challenge to a law requiring the company to sell TikTok or see the app banned in the United States

TikTok's Rise From Fun App To US Security Concern

As the US Supreme Court considers whether to uphold a law that could get TikTok banned in the United States, here is a look at the rise of the video-snippet social app.

Ghana's Supreme Court Paves Way For Anti-LGBTQ Law

Ghana's proposed anti-LGBTQ legislation is considered among the most stringent in Africa, stipulating jail terms of up to three years for engaging in same-sex relations and up to five years for promoting or sponsoring LGBTQ activities

Ghana's Supreme Court on Wednesday paved the way for a contested bill severely curtailing LGBTQ rights to become law after rejecting two bids to overturn it.

Billionaire Owners Force Workers Back To Office 5 Days A Week, AT&T Latest Company To Join Trend

AT&T is requiring United States-based employees to return to the office, full-time, starting January 2025, abandoning its previous hybrid work model.

BIWC Group: Unveiling the Shadows of corporate deception

In the cutthroat world of business, trust can often be elusive, and it can take a team of skilled professionals to expose deception and protect the innocent. This is where BIWC Group enters the stage; a business intelligence agency led by ex-Israeli special forces with a global network of contacts and an almost endless outreach.

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McDonald's Testing Location With No Seats, Food Lockers For Mobile Orders

McDonald's is testing a new, smaller store concept in Los Angeles.

Limited transmission capacity means green energy projects have waited years to connect Britain's electricity grid

UK Electricity Grid Set For 'Unprecedented' GBP35 Bn Investment

National Grid unveiled Wednesday a massive plan to nearly double the transmission capacity of the UK's electricity grid, boosting the British government's net zero ambitions.

The new EPR nuclear reactor at Flamanville in northwestern France will soon be delivering electricity to the grid

After Long Delay, French Nuclear Plant Coming On Stream

France's flagship nuclear reactor at Flamanville in Normandy will finally enter service on Friday after a dozen years of delay, operator EDF said Wednesday.

Further Hike In UK Inflation Hits Rate Cut Chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

Farage's Reform UK party won five seats in the 650-seat UK parliament in July's general election

UK's Farage Says In 'Negotiations' With Musk Over Funding

Tech billionaire Elon Musk is in talks with UK anti-immigration firebrand Nigel Farage about donating to his hard-right party, the British lawmaker has said.

Pokemon Go was a worldwide phenomenon in 2016

Pokemon Is Back With A Hit New Gaming App

With over 60 million downloads and an estimated $180 million in revenue since late October, a new Pokemon mobile game app is enjoying worldwide success as the latest incarnation of the hit Nintendo-owned franchise.

Analysts say Cambodia is now looking to reduce its reliance on China and develop other relationships

US, Chinese Ships At Cambodia Bases As Washington Navigates Diplomatic Currents

When a US warship docked in Cambodia this week, it moored just a few kilometres from a base where China has built an extended new pier and two of Beijing's own vessels have been berthed for about a year.

Casinos account for 81 percent of government revenue in Macau

Xi Hails Macau 'Success' In Visit For 25th Anniversary Of Chinese Rule

Chinese President Xi Jinping hailed Macau's "world-recognised success" as he arrived in the city on Wednesday, kickstarting a three-day trip as the casino hub prepares to celebrate 25 years of Beijing rule.

Russia's President Vladimir Putin has insisted that despite a host of negative statistic the country's economy is in good shape

Economic Woes Mount For Russia's War Machine

Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western sanctions mount.

Analysts expect Fed Chair Jerome Powell to signal a likely slowdown in the pace of rate cuts in 2025

US Fed Expected To Cut Interest Rates Again, But Path Ahead Is Murky

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead.

A standard pair of Momotaro Jeans costs about $200, but its most expensive offering -- woven by hand on a wooden machine -- can be as much as $1,300

True Blue Tradition: How Japan's Coveted Jeans Are Made

Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.

Shares in Japanese car giant Nissan surged more than 20 percent on reports it is in merger talks with Honda

Asian Markets Diverge Ahead Of Fed News, Nissan Soars On Merger Reports

Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

US President-elect Donald Trump has been spending much of his transition time before returning to the White House at his Florida estate Mar-a-Lago

'Everybody Wants To Be My Friend': Trump Feels The Love

A shock outsider when he was first elected president eight years ago -- and a pariah when he left office -- Donald Trump appears to be the most popular person in America as far as the rich and powerful are concerned.

Global action against TikTok, owned by Chinese firm ByteDance, kicked off in earnest in India in 2020

One Billion Users, But Controversies Mount Up For TikTok

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has drawn intense scrutiny, particularly over its links to China.

A blockbuster funding round for San Francisco-based startup Databricks is another sign of hunger by investors for companies poised to cash in on generative artificial intelligence

AI Startup Databricks Raises $10 Bn As Value Soars

Young startup Databricks, which specializes in scaling and building artificial intelligence, said Tuesday it raised $10 billion, bringing the company's valuation to $62 billion.

This handout mugshot provided by the Pennsylvania Department of Corrections shows Luigi Mangione, who has now been indicted for the murder of a top health insurance executive in New York

US CEO Slaying Suspect Charged With Murder As 'Act Of Terrorism'

US authorities on Tuesday charged the man suspected of gunning down a health insurance CEO in New York earlier this month with murder, including a charge of second-degree murder "as an act of terrorism."

Chrystia Freeland, seen in April 2023, has disagreed with Canadian Prime Minister Justin Trudeau over Donald Trump's US tariff threats

Canada's Trudeau Battles To Hold On After Deputy PM Resigns

The bombshell resignation of Canada's deputy prime minister is spurring new calls for the resignation of Justin Trudeau, whose rock-bottom popularity is plummeting further amid opposition attacks and US President-elect Donald Trump's tariff threats.

Bashar al-Assad's brutal rule over Syria came to a sudden end on December 8, 2024, after a lightning rebel offensive swept across the country and took the capital

Assad's Fall Clears Way For Expanded US Strikes On IS Jihadists

Bashar al-Assad's overthrow has cleared the way for US strikes against the Islamic State group in areas previously shielded by Syrian and Russian air defenses -- but the jihadists may also try to exploit the vacuum left by his fall.