Latest Business News & Archive

Every year, the Cannes Festival brings stars to the Carlton

Cannes Maitre D'hotel Retires With Memories Of Stars

French maitre d'hotel Jean-Francois Pomares says he never has time to see a film at the Cannes Festival, but he has met many of its stars over the years including a young Sharon Stone.

Japan Core Inflation Tops Forecasts As Rice Prices Almost Double

The price of rice almost doubled last month, putting pressure on Prime Minister Shigeru Ishiba

Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.

Japan PM Presses Trump On Tariffs Ahead Of New Talks

Japan's Prime Minister Shigeru Ishiba responds to questions after a telephone conversation with US President Donald Trump, at the prime minister's office in Tokyo on May 23, 2025

Japan's Prime Minister Shigeru Ishiba said Friday that he had again pressed US President Donald Trump on tariffs, in a phone call ahead of fresh talks on easing the levies.

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 dinner comes as the Senate is pushing through legislation to more clearly regulate cryptocurrencies

Trump Hosts Gala For Memecoin Buyers Despite Corruption Concerns

US President Donald Trump on Thursday will host a private event for hundreds of top investors in his crypto memecoin, with leaders of the Democratic opposition blasting it as "an orgy of corruption."

Secretary of State Marco Rubio says Chevron must wrap up operations in Venezuela, without exception

State Dept Says Chevron Must Leave Venezuela, Even As American Freed

The US State Department said Thursday that Chevron must wrap up operations in Venezuela next week as scheduled, contradicting an envoy who told a podcast differently after Caracas freed an American.

Lars Klingbeil, Federal Minister of Finance and Vice Chancellor at G7 meeting in Banff, Canada

G7 Finance Chiefs Push For Consensus Despite Trump Tariffs

G7 finance leaders played down their differences Thursday, despite turmoil from US President Donald Trump's wide-ranging tariffs, and sought common ground on Ukraine as talks in Canada entered the final hours.

Celebrated Nicaraguan author Sergio Ramirez told AFP he believes his countrymen will eventually rise up against autocratic President Daniel Ortega

Nicaraguan 'Dictatorship' Is Doomed, Says Exiled Author

Nicaraguan President Daniel Ortega's "dictatorship" is doomed, exiled novelist Sergio Ramirez has told AFP, predicting the population will eventually rebel against the elderly ex-guerrilla.

Lei Jun, co-founder and CEO of Xiaomi, speaks in Beijing on May 22, 2025

Xiaomi Launches New Advanced In-house Mobile Chip

Tech giant Xiaomi unveiled a new advanced in-house mobile chip on Thursday, a significant milestone for the company as Chinese firms shift resources towards home-grown technology against a bleak international trade backdrop.

Telegram founder Pavel Durov says his messaging service has sought to fight against child abuse for years

France Detains 55 Men In Paedophile Ring Crackdown

Fifty-five men were arrested in France this week as part of an operation to dismantle a suspected paedophile ring operating via the Telegram messaging app, authorities said Thursday.

It is not certain that Putin would attend talks at the Vatican

Vatican's Diplomatic Arm Eyes Return To Fore With Ukraine Talks

Whether or not Russia and Ukraine peace talks actually take place at the Vatican, the mere suggestion it could play host reflects a fresh diplomatic impetus under new pope Leo XIV. Fresh from his election as the first US pope in history, Leo offered last week to mediate between leaders of countries at war.

Unsuccessful far-right candidate George Simion has repeatedly alleged electoral fraud, without providing evidence

Romanian Court Rejects Far-right Candidate's Election Appeal

Romania's constitutional court on Thursday validated the results of the presidential run-off vote at the weekend, won by pro-European Nicusor Dan, after rejecting an appeal by his defeated far-right rival.

German Chancellor Friedrich Merz's visit to Lithuania comes at a time of dizzying geopolitical upheaval

Merz To Visit Lithuania As Germany Helps Bolster NATO's Eastern Flank

Chancellor Friedrich Merz visits Lithuania on Thursday to mark the official formation of Germany's first permanent overseas military unit since World War II, aimed at bolstering NATO's eastern flank against a hostile Russia.

As Google tests weaving ads into its new AI Mode online search it remains to be seen how well marketing messages will be clearly and smoothly worked into results

Ads Pressured To Evolve As AI Changes Google Search

As Google races to lead in artificial intelligence, it faces the challenge of making sure the technology doesn't slow its profit-pumping advertising engine.

European farmers say Russian fertilizer is cheaper and easier to get

EU Ready To Tax Russian Fertilisers As Early As July

EU lawmakers are set to greenlight tariffs on fertiliser imports from Russia on Thursday, despite European farmers' fears the move risks sending global prices soaring.

Investors are increasingly worries about the US fiscal deficit, pushing up the cost of government borrowing

Asian Equities Track Wall St Sell-off As US Deficit Fears Grow

Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald Trump tries to push through fresh tax cuts that could balloon the already huge deficit.

OpenAI CEO Sam Altman reasons that a technology as powerful as generative artificial intelligence calls for a new device with the potential to transform lifestyles the way the iPhone did

Apple Design Legend Jony Ive Joins OpenAI

The legendary designer behind Apple's iPhone, Jony Ive, has joined OpenAI to create devices tailored for using generative artificial intelligence, according to a video posted Wednesday by the ChatGPT maker.

Tottenham's Welsh forward Brennan Johnson celebrates scoring against Manchester United in Bilbao

Spurs Edge Man Utd To Win Europa League And End Trophy Drought

Brennan Johnson's scrambled goal ended a 17-year Tottenham trophy drought with a battling 1-0 win over Manchester United in the Europa League final on Wednesday.

The gathering of G7 finance ministers and central bank governors in Canada could find less agreement this year amid economic worries stemming from US President Donald Trump's tariffs

G7 Finance Chiefs Begin Talks Under Strain Of Trump Tariffs

G7 finance leaders exchanged pleasantries before tough discussions Wednesday, seeking to restore stability in the face of economic turbulence from US President Donald Trump's punishing tariffs -- and to strengthen support for Ukraine.

The Bloomberg terminal is the crown jewel of the media empire founded by US billionaire Michael Bloomberg in 1981 and counts some 350,000 users worldwide

Bloomberg Financial Markets Data Service Hit By Outage

Bloomberg, the financial data service used by traders around the world, was hit by an outage on Wednesday, briefly disrupting auctions of bonds in Europe.

US President Donald Trump's (L) meeting with South African leader Cyril Ramaphosa (R) promises to be tense

S.Africa's Ramaphosa Woos Trump, Musk After Tensions

South African President Cyril Ramaphosa will seek to reset ties with Donald Trump and Elon Musk Wednesday after Washington's unfounded claims of "genocide" against white Afrikaners sent relations plunging.