Latest Business News & Archive

Some residents of Teorama, Colombia have taken to hanging white flags outside their homes in an effort to avoid getting caught in the crossfire

'We Want Peace': Colombians Swept Up In Bloody Guerrilla Violence

The children of northeastern Colombia have a message for guerrillas blamed for the country's worst violence in over a decade -- as well as for rival militants tempted to take revenge.

Pandas, Like Trump, Are Back In Washington

Bao Li eats an apple during the pandas' public debut

Move over President Trump -- the newest stars in Washington are two giant pandas who made their public debut on Friday in front of hundreds of adoring fans.

Fear Stalks DR Congo City Goma As Artillery Fire Shakes Ground

Explosions rocked the ground in the main city in DR Congo's east on Friday as intensifying clashes between the country's army and M23 fighters gripped the region.

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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Burberry's new chief Joshua Schulman is pursuing his turnaround plan for the fashion label

Troubled Burberry Shows Sign Of Recovery Despite Sales Drop

British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China, but the troubled group is showing signs of recovery under new leadership.

The assassination of Daphne Caruana Galizia sparked outrage around the world

Maltese Businessman Accused In Journalist's Murder Granted Bail

A Maltese businessman behind bars for five years for alleged involvement in the murder of the investigative journalist Daphne Caruana Galizia was granted bail Friday, even as he continues to await trial.

The December 25 crash of the Azerbaijani Airlines jet in Kazakhstan killed 38 of 67 people aboard

Kazakhstan Delays Release Of Azerbaijan Plane Black Box Data

The publication of the black box data from an Azerbaijani plane that crashed in Kazakhstan last month has been delayed, a Kazakh official said Friday, after Azerbaijan accused Russia of shooting the airliner.

US carmaker Tesla's German factory in Gruenheide near Berlin

Tesla's $60K Model Y: What's New In The Premium Versions Launched In US, Canada, Europe

The introduction of the upgraded variant comes at a time when Tesla faces increased competition from both traditional automakers and new electric vehicle startups, particularly in China.

A dress by Maison Margiela from the haute couture 2014-2015 collection

Louvre Holds First Fashion Exhibition, Eyeing New Audiences

The Louvre in Paris opened its first-ever fashion exhibition on Friday, seeking to draw new, younger audiences to the world's most popular museum.

Widely viewed as one of the 'godfathers' of AI, Meta's Yann LeCun said Europe was 'afriad of risk'

Meta Guru Urges Europe To Gamble More On AI

Europe should take greater risks and plough more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.

Monte dei Paschi says its takeover of Mediobanca would create 'a new national champion'

Italy's Monte Dei Paschi Bids 13.3 Bn Euros For Mediobanca

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca in a potential 13.3 billion euro ($13.9 billion) deal that could help reshape the country's banking sector.

Some observers believe Sabadell's return is motivated more by its attempts to stave off a hostile takeover bid by larger Spanish rival BBVA

Catalonia Eyes Reversal Of Business Exodus After Big Bank Returns

Spanish business circles believe banking giant Sabadell's decision to return its headquarters to Catalonia will entice back the thousands of firms that fled after the region's botched 2017 independence bid.

The Bank of Japan has hiked interest rates to their highest level since 2008

Bank Of Japan Hikes Interest Rate To 17-year High, Signals More

The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.

The Bank of Japan is expected to give the green light to an interest rate hike Friday

Asian Markets Build On Trump Rally, Yen Steady Ahead Of BoJ

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

Some 76,000 French Jews, including more than 11,000 children, were deported by the Nazis

Survivors Strive To Ensure Young Do Not Forget Auschwitz

On a frosty Polish winter evening, 96-year-old Esther Senot told the 100 or so shivering students at Auschwitz-Birkenau how she was a teenager much like them when she was first brought to the Nazi death camp on September 2, 1943.

In Japan, shoppers and eateries have been squeezed by inflation, with energy bills up along with the price of staples such as rice, flour and cooking oil

Climate Change Cooks Up Japanese 'Cabbage Shock'

Japan's much-loved "tonkatsu" pork cutlets come with a mound of freshly shredded cabbage, but a surge in the price of the humble vegetable has prompted chef Katsumi Shinagawa to skimp on servings.

Graphic showing a scheme to extract pollution from dirty air over the Thai capital

Ice In The Sky: Thailand's Fight Against Air Pollution

Flying through Bangkok's cloudless blue skies, a small aircraft sprays a white mist over a thick haze of pea soup smog below.

Air pollution exacerbates numerous health issues such as asthma, cancer lung disease

Smog Chokes Baghdad As Oil-fired Factories Belch Out Smoke

Iraqi grocery store owner Abu Amjad al-Zubaidi is grappling with asthma, a condition his doctor blames on emissions from a nearby power plant that fills his Baghdad neighbourhood with noxious smoke.

OpenAI says its new artificial intelligence agent capable of tending to online tasks is trained to check with users when it encounters CAPTCHA puzzles intended to distinguish people from software

OpenAI Unveils 'Operator' Agent That Handles Web Tasks

OpenAI on Thursday introduced an artificial intelligence program called "Operator" that can tend to online tasks such as ordering items or filling out forms.

As drivers search for ways around new checkpoints in the West Bank, alternative roads quickly become saturated

'Living In A Cage': West Bank Checkpoints Proliferate After Gaza Truce

Father Bashar Basiel moved freely in and out of his parish in the occupied West Bank until Israeli troops installed gates at the entrance of his village Taybeh overnight, just hours after a ceasefire began in Gaza.

Bruno Fernandes (R) celebrates after scoring Manchester United's late winner against Rangers

Man Utd, Spurs Enjoy Europa League Boost

Manchester United and Tottenham both enjoyed some much needed respite from their Premier League woes with victories in the Europa League on Thursday.

Trump Says He 'Doesn't Know' If AI Companies Can Fund Massive Plan 1 Day After Announcing It

President Trump admitted he is unsure whether the coalition of AI giants leading the $500 billion Stargate Project has the resources to fully realize it.