Latest Business News & Archive

The group sold more than 75 million albums and were inducted into the Rock & Roll Hall of Fame in 2006

Thousands Honour Ozzy Osbourne At UK Hometown Funeral Procession

Thousands lined the streets of UK city Birmingham on Wednesday to pay an emotional farewell to hometown hero Ozzy Osbourne as the heavy metal hellraiser was laid to rest.

Russia Relieved As Tsunami Spares Far East From Major Damage

Authorities said residents in the northern Kuril islands were evacuated to safety

Russia lifted a tsunami alert on Wednesday after a massive quake and tsunami largely spared the country's sparsely populated far east from casualties and major damage.

London Court Rules Oligarch Liable Over $1.9 Bn Ukraine Loan Scheme

Igor Kolomoisky is one of Ukraine's richest people and a former supporter of President Volodymyr Zelensky

The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion that they "unlawfully" appropriated from a Ukrainian bank they owned, London's High Court ruled Wednesday.

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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The comparative low cost of Chinese technology -- software but also hardware, for example through firms like Huawei -- will be a big factor

'Marathon At F1 Speed': China Bids To Lap US In AI Leadership

Beyond dancing robots and eager-to-help digital avatars, Shanghai's World AI Conference saw China stake its claim to global artificial intelligence leadership and frame itself as a clear alternative to the United States.

Stablecoins Inspire Hope, And Hype, In Hong Kong

Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type of cryptocurrency, but authorities warn against overplaying its future role in financial systems.

Investors are awaiting the release of key tech earnings and a Federal Reserve policy decision

Markets Mixed As China-US Talks End, Eyes On Tech Earnings

Asian markets were mixed Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their trade truce, while eyes were also on tech earnings and a key Federal Reserve meeting.

The Federal Reserve is expected to hold interest rates steady for a fifth straight meeting despite President Donald Trump's pressure to cut levels

US Fed Set To Hold Firm Against Trump Pressure

The US central bank is expected to defy political pressure and keep interest rates unchanged Wednesday at the end of a two-day policy meeting, as the effects of President Donald Trump's tariffs emerge.

A stevedore in Guayaquil, Ecuador loads a sack of cocoa into a container for export

Five Products To Be Hit By Trump's Incoming Tariffs

The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with President Donald Trump to avert the higher rates, and this risks raising prices for consumers.

This NASA image obtained on July 29, 2025 shows part of the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite, which was designed to track subtle changes in Earth's land and ice surfaces

US, India To Launch Powerful Earth-monitoring Satellite

A formidable new radar satellite jointly developed by the United States and India is set to launch Wednesday, designed to track subtle changes in Earth's land and ice surfaces and help predict both natural and human-caused hazards.

Analysts expect US second quarter GDP growth to be distorted by a pullback in imports after businesses earlier rushed to stockpile and avoid President Donald Trump's tariffs

US Second Quarter GDP Growth To Reflect Tariff Turbulence

US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump's wide-ranging tariffs.

Australia's Communications Minister Anika Wells said four-in-ten Australian children have reported viewing harmful content on YouTube, one of the most visited websites in the world

Australia To Ban Under-16s From YouTube

Australia will use landmark social media laws to ban children under 16 from video-streaming site YouTube, a top minister said Wednesday stressing the need to shield them from "predatory algorithms".

Ghislaine Maxwell, 63, is the only former Epstein associate convicted in connection with his activities

Trump Says Fell Out With Epstein Because He Was Taking Mar-a-Lago Spa Staff

US President Donald Trump said Tuesday that he fell out with Jeffrey Epstein because the convicted sex offender had poached staff from his club's spa, including the woman at the center of an underage sex scandal involving Prince Andrew.

China's economy is facing headwinds, with sluggish domestic consumption and tariff challenges for its exports

US Says Trump Has 'Final Call' On China Trade Truce

China and the United States agreed Tuesday to hold further talks on extending their tariff truce, but a top US trade official stressed that President Donald Trump would make any "final call."

A Gucci store in Paris, where its parent company Kering is based

Gucci Owner Kering Posts 46% Profit Slump Before New CEO Arrives

French luxury group Kering reported Tuesday a 46 percent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new CEO to try to regain its footing.

Procter & Gamble plans some price hikes in the United States as it mitigates a $1 billion tariff hit

P&G Estimates $1 Bn Tariff Hit, Plans Some US Price Hikes

Procter & Gamble executives projected a $1 billion hit from US tariffs over the next year on Tuesday as the consumer products giant said it would institute limited price hikes in the United States.

Copycats and rivals to Novo Nordisk's blockbuster diabetes and weight-loss treatments Ozempic and Wegovy weigh on the Danish drugmaker's its performance

Novo Nordisk Cuts Earning Forecasts Again, Names New CEO

Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, on Tuesday lowered its earning forecasts again as it unveiled a new chief executive to tackle "recent market challenges".

Boeing CEO Kelly Ortberg reaffirmed plans to request a production increase for the 737 MAX after raising output to 38 per month in the second quarter

Boeing Reports Smaller Loss, Sees More 'Stability' In Operations

Boeing reported a smaller loss in the second quarter Tuesday after the company delivered more planes, with its CEO pointing to signs of stabilization in operations.

Jeep Owner Stellantis Says Has Turned Corner

Jeep owner Stellantis said Tuesday it sees sales revenue and profitability rebounding in the second half of the year despite taking a 1.5-billion-euro ($1.7-billion) hit from US tariffs.

A military instructor keeps an eye on volunteers during a military training that is part of the "Vacation with the Army" project

'This Is No Vacation': Young Poles Do Summer Army Bootcamp

Sweating and out of breath, young Poles throw grenades and practise evacuating the wounded at a training ground outside Warsaw.

Non-binary performance artist Holok Chen (L) holds a banner reading: "If the love is meant to endure, why should it be confined to portals and digital boundaries"

Hong Kong Activists Face Tough Compromise Over LGBTQ Rights Blueprint

Hong Kong's LGBTQ community has reluctantly rallied behind a government plan to expand rights for some same-sex couples, with activists ditching their idealism in hope of a rare legislative win.

Around half of Afghanistan's population of around 48 million lives below the poverty line, according to the World Bank

Afghans Show Solidarity As Migrant Returns From Iran Surge

At the border with Iran, Fatima Rezaei distributes food and hygiene products to Afghans forced to return, unable to passively stand by as the deportation crisis grows.