Latest Business News & Archive

Tesla owner Elon Musk has backed the far-right AfD ahead of polls in Germany

Tesla Sales Fall In Germany As Musk Backs Far Right

Tesla sales plunged in Germany last month, official data showed Wednesday, after billionaire owner Elon Musk waded into the country's election campaign by vocally backing the far right.

WHO Worker Aims To Raise $1 Bn To Cover US Pullout

'Individual giving is critical for many international organisations,' said WHO Foundation chief executive Anil Soni

When the World Health Organization's top donor the United States announced its withdrawal, one employee launched an online fundraiser to plug the gap -- and her efforts have already raised more than $100,000.

Payrolls Grew More Than Expected In January: ADP Jobs Report

Private sector employment surged by 183,000 in January, exceeding economists' forecasts and signaling a strong labor market.

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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Disney Earnings Top Wall Street Expectations But Disney+ Subscriptions Fall

The Walt Disney Company reported strong first-quarter earnings for fiscal 2025, exceeding Wall Street's expectations in its released earnings report.

Once a steel powerhouse, Belgium's French-speaking south has gone through several painful rounds of job cuts and plant closures

Steel Decline Sparks Protests And A Movie In Belgium

Thousands of steelworkers took to the streets of Brussels on Wednesday to demand EU help for a sector whose decline is the subject of a documentary on show at Belgian cinemas.

American Gen Z, Millennials More Likely To Trust AI With Tax Filing Over CPAs: Survey

A new survey found that Gen Z and Millennial Americans are more likely to rely on AI with tax filing assistance over tax professionals like CPAs, signaling a shift in U.S. taxpayer attitudes toward filing taxes.

Lithuanian Energy Minister Zygimantas Vaiciunas, left, signed a an accord with US Energy Secretary Rick Perry in 2019 to work on preventing cyber attacks after the Baltic states disconnect from the Russian electricity grid

Baltics To Cut Soviet-era Ties To Russian Power Grid

Baltic states Lithuania, Latvia and Estonia are to disconnect from the Russian power grid on Saturday, a politically-charged move that severs their Soviet-era energy ties with Moscow.

Spain's biggest bank is a major player in Europe and Latin America

Santander Reports Record Profit For Third Straight Year

Spanish banking giant Santander announced record annual profits for a third consecutive year on Wednesday as a strong commercial performance offset the impact of falling interest rates.

Toyota said it aims to start production at its new Shanghai electric vehicle plant after 2027

Toyota Announces Lexus EV Plant In Shanghai

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.

Google's original principles when it came to developing artificial intelligence were not to use it for weapons or surveillance that could infringe on people's rights

Google Pledge Against Using AI For Weapons Vanishes

Google on Tuesday updated its principles when it comes to artificial intelligence, removing vows not to use the technology for weapons or surveillance.

Beijing on Tuesday fired a return salvo in its escalating trade war with the United States, slapping fresh tariffs on everything from American crude oil to agricultural machinery

China Holds Out Hope Last-minute Deal Can Avert US Trade War

China's new tariffs on US imports like oil, coal and cars are relatively modest in scale, suggesting that Beijing is hoping for a last-minute deal but also giving them the option to inflict more pain if needed, analysts say.

Nissan shares plunged after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda

Nissan Shares Plunge As Report Says Honda Merger Talks Off

Nissan shares plunged on Wednesday after Japan's Nikkei business daily said the carmaker had decided to withdraw from merger talks with rival Honda.

Shares in ecommerce firms fell in Hong Kong after the US Postal Service suspended inbound parcels from the city and China

Asian Markets Stutter As Traders Weigh China-US Trade Flare-up

Asian markets stumbled Wednesday and gold hit a new record as investors kept tabs on China and the United States after they exchanged tariffs, sparking fears of another debilitating trade war between the economic superpowers.

National Rally (RN) party leader Jordan Bardella said France needed a budget

French PM Set To Survive No Confidence Vote

French Prime Minister Francois Bayrou is expected on Wednesday to survive a no-confidence vote in parliament, winning some breathing space after less than two months in office but by no means ensuring his long-term future.

Honda shares surge in Tokyo as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary

Honda Shares Jump On Reports It Wants Nissan As Subsidiary

Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.

Google chief executive Sundar Pichai says ramping up artificial intelligence capabilities in products is resulting in people using them more and increased demand for its cloud computing services

Google Shares Slide On Spending Plans Despite Sales Jump

Google's parent company Alphabet on Tuesday reported revenue jumped in the recently-ended quarter, but shares sank on concerns it may be pouring too much money into artificial intelligence.

Pinagare Mogodi: Setting New Standards In 2025 With His Entrepreneurial Skills

Pinagare Mogodi started from the ground up and propelled forward in the business realm, thriving on a strong work ethic with the aim to empower communities.

US President Donald Trump has said the tariffs are designed to make countries stop the flow of fentanyl and migrants

Trump, China's Xi Set To Speak On Tariff Battle

US President Donald Trump and Chinese counterpart Xi Jinping are expected to speak by phone on Tuesday, just hours after slapping tariffs on each other's economies in an escalating trade war.

Infographic of the southern islands of the Cyclades archipelago showing earthquakes registered in the area from January 29 to February 4, 2025 at 0730 GMT

Thousands Leave As Fresh Tremors Shake Greece's Santorini

Thousands of people fled the Greek island of Santorini by sea and air for a third day on Tuesday, as more earthquakes shook the top travel destination.

A car hauler carries Toyota RAV4 vehicles as it enters to cross the Ambassador Bridge in Windsor, Ontario to go to Detroit, Michigan on February 3, 2025

Despite Tariff Reprieve Canadians Worry 'Damage Already Done' To US Ties

The trade war may be on hold, but in a Canadian border city where the unhindered flow of auto parts across the bridge to Detroit supports thousands of jobs, the future remains uncertain.

The reduction would affect around 12 million workers, notably in retailing, hospitality and agriculture

Spain Moves To Slash Working Week To 37.5 Hours

Spain's minority leftist government on Tuesday approved a plan to reduce the working week to 37.5 hours in one of the world's fastest-growing developed economies.