Featured
Last news
Music firm Universal announces streaming overhaul
The world's biggest music publisher Universal, whose catalogue includes artists from Taylor Swift to the Beatles, announced a deal on Wednesday it says will shake up the way artists are rewarded for streaming.
European stocks drop as oil spike fans inflation woes
European equities retreated Wednesday on fears of more interest-rate hikes, one day after oil hit a ten-month peak and stoked fresh fears about high inflation.
Taiwan chip giant TSMC says Arizona plant making 'fast progress'
Taiwan chip giant TSMC's planned factory in the United States was making "fast progress", the company's chairman said Wednesday, despite it facing a delayed start due to worker shortages and reported union disputes.
EU hits tech titans with tougher market restraints
The European Union on Wednesday unveiled the list of digital giants -- including Apple, Facebook owner Meta and TikTok parent ByteDance -- that will face tough new curbs on how they do business.
Russia to step up support for sagging ruble
Russia's central bank announced Wednesday it plans to sharply step up support for the ruble, which has weakened considerably after 18 months of Western sanctions following Moscow's military intervention in Ukraine.
UK air traffic control outage '1 in 15 million' event: boss
The head of British air traffic control on Wednesday blamed a "one in 15 million" event that caused the country's worst systems failure in almost 10 years, stranding thousands of passengers.
G20 summit: Who is coming to India, and who is not
Leaders from the world's top economies arrive in India on Friday for a two-day G20 summit overshadowed by Russia's invasion of Ukraine, worries over the global economy and climate change.
Awkwardness abounds for Lula, army on Brazil's national day
Hammering home his message that Brazil is "back to normal," President Luiz Inacio Lula da Silva will set aside bad blood and mutual suspicion with the military to mark the country's independence day Thursday.
Musk threatens to sue anti-defamation group for falling revenue
Elon Musk, the owner of social media platform X, formerly Twitter, said he is considering suing a leading anti-defamation group, arguing that its accusations of anti-Semitism have led the company to lose revenue.
Oil prices jump as global equities mostly retreat
Oil prices jumped Tuesday after Russia and Saudi Arabia extended cuts to supplies, while global equities mostly retreated and the dollar gained.
Oil execs on trial in Sweden over Sudan war crimes role
A Swedish oil firm operated in Sudan with support from the military allegedly knew violence would affect civilians to bring the areas under control, prosecutors said Tuesday as two former executives faced war crimes charges.
Spain's RFEF sorry for Rubiales scandal, fires women's coach
Spain's football federation on Tuesday apologised for the "totally unacceptable behaviour" of Luis Rubiales over his World Cup kiss and fired the team's controversial coach as part of an overhaul.
Saudi and Russia extend oil cuts through December
Saudi Arabia and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year, continuing their campaign to bolster prices.
Austrian 'Corsage' star gets suspended jail term for child porn
A Vienna court sentenced the star of the award-winning film "Corsage" -- about the free-spirited Austrian empress Sisi -- to a two-year suspended prison term Tuesday for possessing and producing a huge stash of child pornography.
UK's second biggest city latest to declare financial distress
The council of the UK's second biggest city, Birmingham, became Tuesday the latest local authority to declare financial distress, with the opposition blaming Conservative governments of years of under-funding.
Hong Kong's top court rules to recognise same-sex partnerships
Hong Kong's top court ruled in favour of recognising same-sex partnerships on Tuesday and gave the government two years to come up with a legal framework, but stopped short of granting full marriage rights to the city's LGBTQ community.
Henderson 'sorry' for hurting LGBTQ community over Saudi move
England midfielder Jordan Henderson has apologised for upsetting the LGBTQ community with his move to Saudi Arabia but said playing in the Gulf state is a "positive thing".
UK's second biggest city declares financial distress
The UK's second biggest city on Tuesday admitted that it cannot balance its books, blaming Conservative governments for years of under-funding.
French beauty giant L'Occitane dives as go-private talks called off
Shares in French beauty brand L'Occitane plunged by a record of almost 30 percent in Hong Kong on Tuesday after its chairman called off talks on taking the firm private.
Billions pledged for green development at Africa climate talks
The UAE pledged $4.5 billion in clean energy investments in Africa on Tuesday at a landmark climate summit aimed to showcase the continent's potential as a green powerhouse.
Stocks mixed as China data falls short, traders await more stimulus
Equities were mixed Tuesday, as traders await more measures by China to stimulate its economy and support the creaking property market, while fresh services data reinforced the need for action.
Hong Kong's top court rules in favour of same-sex civil unions
Hong Kong's top court ruled Tuesday in favour of same-sex partnerships including civil unions but stopped short of granting full marriage rights in a partial win for the city's LGBTQ community.
Black Sea ships carrying grain hit insurance obstacle
The risk of bombing has made it virtually impossible to insure ships leaving Ukraine via the Black Sea, leaving the sector to find an alternative route, especially for grain.
China's Country Garden narrowly avoids default: Bloomberg
Struggling Chinese developer Country Garden has made multi-million-dollar interest payments on two outstanding loans, reports said Tuesday, narrowly avoiding what would have been its first default.
Stocks down as traders await more China economic support measures
Equities fell Tuesday, with traders unable to build on the previous day's rally as they await fresh measures out of China to stimulate the economy and support the creaking property market.
Hong Kong's top court to rule on same-sex marriage
Hong Kong's top court will decide Tuesday whether to recognise same-sex marriages, rendering a verdict in one of the most consequential cases on the subject in the city's history.
Qantas boss retiring two months early
Embattled Qantas chief executive Alan Joyce is retiring two months earlier than planned, the Australian airline said Tuesday, with Vanessa Hudson taking over as the carrier's first female boss.
European stocks dip, oil prices rise
European stocks slid Monday as a positive lead from Asia on Chinese stimulus measures petered out, while oil prices continued their march higher.
Massive Greece wildfire coming under control: govt
Firefighters are gaining the upper hand on the massive blaze that has been raging for two weeks in the Dadia National Park in northeastern Greece, authorities said Monday.
World losing high-stakes fight against invasive species
Invasive species that wreck crops, ravage forests, spread disease, and upend ecosystems are spreading ever faster across the globe, and humanity has not been able to stem the tide, a major scientific assessment said Monday.
World losing high-stakes fight against alien species
Invasive species that wreck crops, ravage forests, spread disease, and upend ecosystems are spreading ever faster across the globe, and humanity has not been able to stem the tide, a major scientific assessment said Monday.
Stock markets rise as Fed seen pausing over US rate hikes
Stock markets rose and the dollar weakened against the euro and pound Monday as US jobs data firmed expectations that the Federal Reserve would stop raising interest rates.
Africa seeking to tap investment on climate action
Kenya's president opened a landmark African climate summit on Monday saying the continent had an "unparalleled opportunity" to benefit from action to tackle global warming.
Turkey's inflation nears 60%, piling pressure on new team
Turkey's annual inflation approached 60 percent last month, official data showed Monday, putting pressure on the central bank to further hike interest rates at the risk of angering President Recep Tayyip Erdogan.
France evacuates five Afghan women 'threatened by Taliban'
France on Monday was due to receive five Afghan women "threatened by the Taliban" after repeated requests it create a humanitarian corridor for women shut out of public life, an official said.
French beauty brand L'Occitane halts trading in Hong Kong
Trading in French beauty brand L'Occitane was halted in Hong Kong on Monday after reports emerged that its controlling shareholder may take the company private.
L'Occitane halts trading in Hong Kong
Trading in French beauty brand L'Occitane was in Hong Kong on Monday after reports emerged that its controlling shareholder may take the company private.
Pope Francis visits homeless shelter on last day in Mongolia
Pope Francis, on the final day of his diplomatically tinged visit to Mongolia, headed to the capital's outskirts to inaugurate a homeless shelter and clinic.
French World Cup build-up overshadowed by Chalureau race case
France's Rugby World Cup build-up was overshadowed Sunday by demands for lock forward Bastien Chalureau to be dropped from the squad after he was convicted of a racially motivated attack.