Latest Business News & Archive

IBM Stock Skyrockets After Reporting Strong Earnings: Here's Who Is Benefitting

IBM was up more than 12% on Thursday, marking its best performance in five years.

Elite Figure Skaters And Coaches On Crashed US Flight

Russian pairs figure skaters Vadim Naumov and Evgenia Shishkova, shown in their their free program routine on the way to the 1994 world pairs title, were among those in the figure skating community aboard a Washington plane that crashed without survivors,

Global figure skating's tight-knit community was in mourning on Thursday after a passenger jet crash in Washington killed two former world champion coaches and stars from the next generation of top US talent.

American Airlines Stock Takes A Hit After Deadly Potomac River Crash

Aircraft Crash Over Potomac River, Reagan National Airport

American Airlines stock was declining amidst an NTSB-led investigation involving its passenger jet collision with an Army Black Hawk helicopter in Washington, D.C.

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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Chanel's spectacular show at the Grand Palais was designed by its creative studio

Nostalgia And Escapism: Highlights From Paris Couture Week

Nostalgia-tinged evening wear, fantasy-fuelled escapism and messages about world peace featured during a packed Paris Couture Week that also saw new changes on fashion's artistic director merry-go-round.

Dubai's airport is the busiest in the world for international passenger traffic

Dubai Airport Clocks Record 92.3m Passengers, Extending Hot Streak

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic tear that exemplifies the city's economic boom.

The US economy grew at a 2.3 percent annual rate in the fourth quarter last year

US Economic Growth Steady In 2024 As Trump Takes Office

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins.

Qatar's Emir Sheikh Tamim bin Hamad Al-Thani (L) is welcomed by Syria's interim president Ahmed al-Sharaa upon his arrival in Damascus

Syria, Qatar Discuss Reconstruction During Emir's Visit

Syrian Foreign Minister Asaad al-Shaibani said discussions with a Qatari delegation in Damascus Thursday included reconstruction in the war-torn country, during the first visit by a head of state since Bashar al-Assad's ouster.

Europe's economy is stagnating compared to faster growing rivals the United States and China

France, Germany Stall Eurozone Growth In Fourth Quarter

Eurozone growth slowed to a halt in the fourth quarter last year, dragged by contractions in major powers Germany and France which were held back by economic headwinds and political instability.

French Prime Minister Francois Bayrou's government has lowered the country's economic growth forecast for 2025

French Economy Shrinks As Political Crisis Eclipses Olympic Boost

The French economy grew 1.1 percent in 2024 but shrank in the fourth quarter as a political crisis gripped the country after a boost from the Paris Olympic Games, official data showed Thursday.

A Zagreb grocery store during the nationwide shopping boycott in Croatia on January 24

Fury Over Prices In Croatia Sparks Growing Retailer Boycotts

Fed up with paying ever increasing prices at grocery stores and shopping outlets, Croatians have begun channeling their anger into a nascent boycott movement targeting retailers that shows signs of spreading across the Balkans.

Almost 80 percent of cars made in the UK last year were exported, mostly to the European Union, according to industry data

UK Car Sector Fears For Trump Tariffs As Output Falls

Britain's vehicle production slid below one million units last year as the sector transitions to electric cars, an industry body said Thursday as it warned over US President Donald Trump's tariff threats.

US President Donald Trump has threatened key trading partners, including the EU, with hefty tariffs

ECB To Look Past Trump Risk And Push On With Rate Cuts

Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track.

Israel will cut ties with UNRWA, the UN agency for Palestinian refugees, on Thursday following accusations it provided cover for Hamas militants

Israel Cuts Ties With UN Aid Agency Supporting Palestinians

Israel will cut ties with the UN agency for Palestinian refugees on Thursday following accusations it provided cover for Hamas militants, a move likely to hamper delivery of its vital services after 15 months of war in Gaza.

Multiple agencies responded to the reported collision of a passenger jet and military helicopter over the Potomac River in Washington

Passenger Plane Collides With Helicopter Near Washington Airport

A regional passenger plane from Kansas crashed into Washington's chilly Potomac River after colliding mid-air with a military helicopter near Reagan National Airport on Wednesday, officials said, prompting a major emergency response and grounding of all flights.