Latest Business News & Archive

Airbus delivered its first A321XLR extra long range aircraft last year

Airbus Boosts Plane Deliveries In 2024

European plane maker Airbus said Thursday it increased aircraft deliveries to 766 as the company still struggles to return to pre-pandemic production levels.

Conglomerate Boss Suggests Employees Log 90 Hour Weeks: 'Work On Sundays'

The chairman of Larsen & Toubro has ignited debate on social media for advocating a 90-hour work week for employees.

US Fed's December Rate Cut Was 'Final' Step To Recalibrate Policy: Official

US Federal Reserve Governor Michelle Bowman, seen in October, 2019, said the Fed should be 'cautious' when considering further rate cuts

The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for now.

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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President Mahamat Idriss Deby Itno came to power after his father, who ruled Chad with an iron first for three decades, was killed by rebels in 2021

Chad Says Bid To Storm Into Presidential Palace Foiled, 20 Dead

Two dozen armed men tried to storm into Chad's presidential palace but 18 of the attackers and two soldiers were killed in the failed attack, the national prosecutor said Thursday.

Microsoft president Brad Smith says the United States is in a race with China to spread its artificial intelligence technology to other countries, making it a de facto standard for use around the world

Microsoft To Use Performance Reviews For New Round Of Job Cuts

Microsoft reportedly plans a new round of job cuts in 2025, targeting low-performing employees across several divisions, including security.

'Worst In Show' Products From CES: AI-Powered Crib, Wasteful Refrigerator

The Worst in Show Awards highlight what some consider the worst products from the Consumer Electronics Show in Las Vegas.

McDonald's UK has around 170,000 employees in the UK, many of whom are young workers

Hundreds Of Young Workers Sue McDonald's UK Alleging Harassment

More than 700 young workers are suing McDonald's UK after widespread harassment claims were exposed.

Fighters affiliated with the Turkish-backed Syrian National Army faction patrol in the Manbij region of Syria's Aleppo province on January 4, 2025

37 Killed In North Syria Clashes Between Pro-Turkey, Kurdish Forces: Monitor

Battles between Turkish-backed groups, supported by air strikes, and Kurdish-led forces killed 37 people on Thursday in Syria's northern Manbij region, a war monitor said.

Italian Prime Minister Giorgia Meloni has told local media she has 'excellent relations' with Elon Musk

Italy's Meloni Denies Discussing SpaceX Deal With Musk

Italian Prime Minister Giorgia Meloni denied Thursday talking to Elon Musk about a cybersecurity deal with the American billionaire's SpaceX company following reports that sparked controversy in Italy.

China and the EU are major trade partners but are locked in a wide-ranging standoff, notably over Beijing's support for its renewables and electric-vehicle sectors

Beijing Says EU Imposed Unfair Trade Barriers On Chinese Firms

China said Thursday that an investigation had found the European Union imposed unfair "trade and investment barriers" on Beijing, marking the latest salvo in long-running commercial tensions between the two economic powers.

Hundreds of BYD electric vehicles lined up for export in Yantai, eastern China

China's Electric And Hybrid Vehicle Sales Jump 40.7% In 2024

Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models continues to surge and the sector remains entrenched in a gruelling price war.

Waymo Co-Chief Executive Officer Tekedra Mawakana said she welcomed competition in the growing autonomous driving space

Waymo Exec Hopeful Trump Will Boost Autonomous Driving

A top Waymo executive said Wednesday the United States could lead globally on autonomous driving, expressing hope that a national standard under the incoming Trump administration would boost safety.

Hundreds of Yoon's supporters have rallied against his arrest, gathering near his hilltop residence in the Seoul's affluent Hannam-dong neighbourhood

YouTube Patriots? The Men Backing S. Korea's Impeached President

Fears of North Korea, online conspiracies and unproven claims of electoral fraud -- conservative South Korean men told AFP why they had descended on impeached President Yoon Suk Yeol's residence to protect him from arrest.

Attendees walk past a row of Chinese businesses at the annual Las Vegas tech show CES in January, 2024

Trade War Worries Loom Over Las Vegas Tech Show

Chinese companies have turned out in force again at this year's Consumer Electronics Show, with their prospects overshadowed by the threat of steeper tariffs from incoming US president Donald Trump.

Meta has said it will end fact-checking operations on its Facebook and Instagram platforms

Australia Frets Over Meta Halt To US Fact-checking

Australia is deeply concerned by Meta's decision to scrap US fact-check operations on its Facebook and Instagram platforms, a senior government minister said Thursday.

ispace wants to win its own place in space exploration history

Japan Startup Hopeful Ahead Of Second Moon Launch

Japanese startup ispace vowed its upcoming second unmanned Moon mission will be a success, saying Thursday that it learned from its failed attempt nearly two years ago.

Zelensky and Austin will attend the defence gathering in Germany

Ukraine Allies To Hold Last Defence Meet Before Trump Takes Office

Ukraine's Western allies will gather with President Volodymyr Zelensky at a US base in Germany on Thursday in their last such meeting before Donald Trump returns to the White House in less than two weeks.

Bangladesh garment factory owner S.M. Khaled heads the Snowtex company, which employs around 22,000 workers

Bangladesh Garment Industry Rebounds, But Workers Say Little Change

In a vast Bangladeshi factory hall thrumming with sewing machines, garment workers churn out seemingly endless pairs of mountain hiking trousers for customers in Europe and North America.

Another tepid inflation reading will likely put pressure on Chinese officials to do more to boost consumption

Asian Markets Drop As Trades Fret Over US Inflation, Rates Outlook

Asian markets struggled Thursday after a tepid lead from Wall Street, with investors growing increasingly worried about the outlook for inflation and US interest rates as Donald Trump's second presidency looms.

Daniel Chapo (3L) won 65 percent according to official returns -- but observers flagged up irregularities

Mozambique Opposition Leader Due Home Amid Tension Over Disputed Vote

Mozambique's opposition leader is expected to return from exile Thursday to push his claim to have won presidential elections, risking an escalation in a dispute about the vote just days ahead of the swearing in of his rival.