Latest Business News & Archive

Artworks are lined up as an open-air installation along part of the former course of the Berlin Wall

Germany Marks 1989 Berlin Wall Fall With 'Preserve Freedom' Party

Germany marks 35 years since the Berlin Wall fell with festivities from Saturday under the theme "Preserve Freedom!"

Boeing To Face Civil Trial Over 2019 MAX Crash

Family members of victims in the Ethiopian Airlines crash on a Boeing 737 MAX commemorated the 1st anniversary of the catastrophe in March 2020

Beleaguered aviation giant Boeing is set to confront another hurdle next week when it faces a civil trial over the March 2019 Ethiopian Airlines crash that killed 157 people.

Beyonce Leads Grammy Nods After Trailblazing Country Album

US singer Chappell Roan is a major contender for Grammys gold

Beyonce's groundbreaking "Cowboy Carter" album nabbed her a leading 11 nods for this season's Grammy Awards, the music industry's most coveted prizes, where she will face off against Taylor Swift and a new class of pop hitmakers.

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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Amazon Weighs New Multi-Billion Dollar Investment in Anthropic: Report

This would be Amazon's second investment in Anthropic, as the company previously announced a $4 billion investment in September last year. At that time, Amazon also revealed that its customers would get early access to Anthropic's technology.

Published in September, ex-ECB chief Mario Draghi's report raised the alarm over Europe's failure to keep up with the United States

After Trump Win, EU Leaders Tackle 'Urgent' Reform Agenda

Reforming Europe's economy is all the more urgent following Donald Trump's US election win, warned the author of a blockbuster report, Mario Draghi, ahead of talks Friday with EU leaders in Budapest on tackling the challenge.

Tech giants in the AI race have been spending billions of dollars for GPUs made by Nvidia, considered a leader when it comes to chips that power the technology

Nvidia Market Value Tops $3.6T After Trump's Victory, Replaces Intel In DJIA

The market value of Nvidia soared to more than $3.6 trillion following Donald Trump.

Sony saw strong sales in its gaming sector

Sony Quarterly Net Profit Jumps But Forecast Unchanged

The yen's weakness against the dollar and euro had a positive impact on takings in those key sectors, the Japanese conglomerate added.

Boeing has been struggling with a string of problems in recent years

Boeing To Repay Furloughed Employees, But Will Still Proceed With Job Cuts

The planemaker's CEO, Kelly Ortberg, stated that while factory workers would be repaid for lost wages, the company would still go ahead with its plans to slash approximately 10% of its workforce globally.

Powell's current term as Fed chair ends in 2026

US Fed Chair Says Will Not Leave Early If Asked By Trump

US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect Donald Trump.

Airservices Australia's National Operations Management Centre enacted a 47-minute ground stop at Sydney Airport to ensure the plane with a 'contained engine failure' could land quickly

Qantas Plane Returns To Australia Airport Due To 'Engine Failure', Sparks Fire

A Qantas plane made an emergency landing Friday due to a "contained engine failure" soon after taking off from Sydney Airport, sparking a grassfire on a nearby runway and causing several flights to be diverted.

Chinese officials are expected to unveil billions of dollars in support for their struggling economy Friday

China Poised To Approve More Help For Ailing Economy

China is expected to unveil a huge support package for the struggling economy Friday as officials wrap up a key meeting with an eye on the possibility of intensified trade tensions with US president-elect Donald Trump.

Traders are keeping an eye on Beijing as officials huddle to hammer out a stimulus package for the world's number two economy

Asian Markets Extend Rally After Fed Cut

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.

India hopes to double the share of gas in its energy mix to 15 percent by 2030 -- but only a small portion will come from biogas

Sacred Cow: Coal-hungry India Eyes Bioenergy To Cut Carbon

Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by a government determined to promote biogas production to cut its dependence on coal.

The EU must focus on achieving its bid to decarbonise the European economy, ex-ECB chief Mario Draghi said in his hotly anticipated report

Facing Trump's Return, EU Confronts Economic Challenges

Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report.

Some have criticized Kamala Harris's choice of Minnesota Governor Tim Walz as her running mate

Defeat To Trump Prompts Democratic Soul-searching

Democrats are facing a painful reckoning over Kamala Harris's drubbing at the hands of Donald Trump in the US presidential election, as shock gives way to anger and recrimination in the aftermath of a devastating repudiation.

The Mountain Fire grew to burn over 20,000 acres (8,100 hectares) in the first two days, with towering flames leaping unpredictably and sending residents scrambling

Thousands Told To Flee Wildfire Near Los Angeles

Thousands of people were urged to flee an out-of-control wildfire burning around communities near Los Angeles on Thursday, with dozens of homes already lost to the fast-moving flames.

Ultra-realistic AI robot Ai-Da is designed to resemble a human woman with a face, large eyes and a brown wig

First Artwork By Humanoid Robot Sells For $1.3m

A portrait of English mathematician Alan Turing became the first artwork by a humanoid robot to be sold at auction, fetching $1,320,000 on Thursday.

President-elect Donald Trump called Susie Wiles up on stage for his victory speech early on Wednesday

Who Will Staff Trump's Government? A Look At Top Contenders

US President-elect Donald Trump on Thursday made the first appointment of his new administration -- naming a chief of staff -- with other key jobs set to be filled in the "days and weeks ahead," according to his team.

Elon Musk campaigned for Donald Trump and stands to reap the benefits of being close to the president-elect

What Will Trump 2.0 Mean For US Tech?

What will Donald Trump's second stint in the White House mean for a US tech industry in the throes of an artificial intelligence frenzy?

The Deferred Action for Childhood Arrivals (DACA) immigrant policy, brought in by Barack Obama, offers protections and work permits, but is under threat

Undocumented Immigrants In US 'Terrified' As Trump Returns

Since learning that Donald Trump will return to the White House, undocumented immigrant Angel Palazuelos has struggled to sleep.

Geoff Payne (L), the father of One Direction pop singer Liam Payne, looks at a note placed by fans paying tribute to his late son outside the CasaSur Hotel in Buenos Aires on October 18, 2024

One Direction Star Took Cocaine, Alcohol, Antidepressant Before Death

One Direction star Liam Payne consumed cocaine, alcohol and a prescription antidepressant before falling to his death from a Buenos Aires hotel balcony last month, Argentine prosecutors said Thursday.