Latest Business News & Archive

US Federal Reserve chairman Jerome Powell delivered on rate cuts, but fewer than the market hoped

Global Markets Rode AI, Interest Rate Roller Coaster In 2024

Despite political upheavals, stock markets and bitcoin smashed records in 2024, fuelled by investor enthusiasm for AI, falling interest rates, and hopes of tax cuts.

Ocalan: PKK Chief Held In Solitary On Turkish Prison Island

Ocalan's capture in exile 25 years ago shocked his supporters

Abdullah Ocalan, the jailed founder of Kurdish militant group the PKK is hailed by many Kurds as an icon, but within wider Turkish society many see him as a terrorist who deserves to die.

Yemen's Huthis A 'Menace' For Israel Despite Weakened Iran: Analysts

Yemenis carry a mock missile during a rally in solidarity with Palestinians, in the Huthi-controlled capital Sanaa

Israel's devastating campaigns against Iran's regional allies have severely weakened its arch-enemy's ability to project its power, but Yemen's Tehran-backed Huthi rebels remain a stubborn thorn in its side, analysts say.

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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This handout from the South Korean Presidential Office taken on December 3, 2024 shows South Korean President Yoon Suk Yeol delivering a speech to declare martial law in Seoul

S. Korea Court Issues Arrest Warrant For Impeached President Yoon

A South Korean court has issued an arrest warrant for impeached, suspended President Yoon Suk Yeol, investigators said Tuesday, over his short-lived bid to impose martial law on the country.

Credit Card Defaults Are At Highest Levels Since 2010

Credit card debt in the United States has surged to its highest level since 2010 causing experts to forecast more financial pain ahead.

The US Treasury department said that some of its workstations had been hacked after a third-party cybersecurity service provider was compromised

US Treasury Says Was Targeted By China State-sponsored Cyberattack

The US Treasury Department said Monday that a China state-sponsored actor was behind a cyber breach resulting in access to some of its workstations, according to a letter to Congress.

Elon Musk has provoked anger in Germany over his comments on the country's politics

Anger In Germany At Musk Attempt To 'Influence' Election

Germany's government said Monday US billionaire tech baron Elon Musk is trying to sway February elections by praising the far-right Alternative for Germany (AfD), a move strongly rejected by major parties.

Fighters affiliated with Syria's new administration at a military parade in Damascus

'Foreign Jihadists' In Syria Leader's Pick For Army Officers: Monitor, Experts

Syria's de facto leader Ahmed al-Sharaa has tapped dozens of former rebels for high-ranking army positions, several of whom are foreign fighters, a war monitor and experts said on Monday.

Carter brokered a peace deal between Egypt and Israel in 1978, dubbed the Camp David Accords, which leaders of both countries signed at the White House in March 1979

US Prepares State Honors For Late President Jimmy Carter

Flags flew at half-staff across the United States on Monday as global tributes poured in for the life and legacy of Jimmy Carter -- the longest-lived US president who died aged 100.

The former US embassy in Tehran is now a museum know as the "Den of Spies" and is covered in anti-US and anti-Israel graffiti

In Iran, Late Jimmy Carter Remembered As 'Architect Of Sanctions'

Iran played a central role in Jimmy Carter's presidency, but in Tehran, where state television branded him the "architect of economic sanctions", many have far from fond memories of the late US president.

Asian stocks mostly fall in thin holiday trade, following a late drop on Wall Street last week

Asia Stocks Mostly Down After Wall St Losses

Asia stocks mostly fell in thin holiday trade on Monday after tech losses killed off the traditional year-end lift on Wall Street at the end of last week.

Grieving relatives wait for news of loved ones on board a Boeing 737-800 Jeju Air flight, which crashed in South Korea's worst air disaster

Flags Fly At Half-mast As S. Korea Probes Its Worst Plane Crash

Flags flew at half-mast on Monday as South Korea mourned 179 people killed in the worst plane crash on its soil, as investigators probe why the Jeju Air plane crash-landed and burst into flames.

S. Korea Investigators Seek Arrest Warrant For President Yoon Over Martial Law

Investigators probing South Korea's Yoon Suk Yeol over his short-lived declaration of martial law said Monday they sought an arrest warrant for the suspended president after he failed to report for questioning.

A makeshift memorial is pictured at the site of a car-ramming attack on a Christmas market in Magdeburg, eastern Germany

German Security Chiefs To Face Questions Over Christmas Market Attack

German security and intelligence chiefs are due on Monday to face questioning about the car-ramming attack that killed five people and wounded more than 200 at a Christmas market 10 days ago.

Former president Carter traveled to Port-au-Prince to meet with electoral authorities about Haiti's December 1990 general elections

Key Moments In The Life Of Jimmy Carter

Jimmy Carter's 1977-1981 presidency included successes like the Camp David peace accords, but also enough controversy for US voters to see him as weak -- and send him packing after only one term.

Boeing's Year of Crises in Review: Crashes, Whistleblowers and a Major Loss to SpaceX

In 2024 Boeing lost millions of dollars in its contract with NASA to SpaceX, more than 200 whistleblowers reported it to the Federal Aviation Administration (FAA), and two Boeing 737-800s crashed within a day of each other in Norway and South Korea.

Former US president Jimmy Carter, accompanied by his wife Rosalynn, wears a pathan turban and glittering garlands presented by the Pakistani tribesmen at Michini Point on the Khyber Pass in November 1986

Jimmy Carter, A Transformative Diplomat Despite Iran

Jimmy Carter's critics turned his name into a synonym for weakness over the Iranian hostage crisis.

Jimmy Carter -- seen at the Democratic National Convention in 2008 -- served one term from 1977 to 1981 as US president

Former US President Jimmy Carter Dies Aged 100

Jimmy Carter, the 100-year-old former US president and Nobel peace laureate who rose from humble beginnings in rural Georgia to lead the nation from 1977 to 1981, has died, his nonprofit foundation said Sunday.

Syria's leader Ahmed al-Sharaa says 'we need to rewrite the constitution', which the UN has also called for

Syria's Leader Says Elections Could Take 4 Years: Al Arabiya Interview

Syria's new leader Ahmed al-Sharaa told Al Arabiya TV on Sunday that elections could take four years, noted the importance of ties with Iran and Russia, and called for the United States to lift sanctions.

Firefighters and rescue personnel carry the body of a victim from the crash site

South Korea Grieves After Deadliest Plane Crash Kills 179

South Korea was reeling Monday from the loss of 179 people after a Jeju Air plane crash-landed and burst into flames, with a team of US investigators joining local authorities to probe possible causes.

Azerbaijan's Aliyev said the plane which crashed in Kazakhstan was shot at over Russia

Azerbaijan Says Russia Shot At Plane Before Crash, Demands It Admit

Azerbaijani President Ilham Aliyev accused Russia on Sunday of firing at an Azerbaijan Airlines passenger jet before it crashed and of initially trying to cover up the cause of the fatal disaster, demanding that Moscow admit guilt.