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ECB expected to hold rates as more Trump tariffs loom
The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance.
Australia lifts trade barriers on US beef
Australia said Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration.
Tesla profits drop as Musk warns of 'rough' patch before riches
Tesla reported another drop in quarterly profits Wednesday as CEO Elon Musk warned the company could face a few "rough" quarters following the elimination of federal tax credits for electric vehicles under President Donald Trump's big fiscal package.
Tesla reports 16% profit drop to $1.2 bn on lower auto sales
Tesla reported another drop in quarterly profits Wednesday on lower auto sales amid intensifying electric vehicle competition and lingering backlash over CEO Elon Musk's involvement in US politics.
Champagne makers cut harvest as global outlook fizzles out
France's champagne producers said Wednesday they were cutting the amount of grapes to be made into the region's celebrated fizz by 10 percent due to an uncertain economic outlook.
AI helps Latin scholars decipher ancient Roman texts
Around 1,500 Latin inscriptions are discovered every year, offering an invaluable view into the daily life of ancient Romans -- and posing a daunting challenge for the historians tasked with interpreting them.
France prosecutors request rape trial for Depardieu
French prosecutors have for a second time requested cinema icon Gerard Depardieu be tried for the rape of an actor decades younger than him, they said Wednesday.
Stock markets advance after Japan-US trade deal
Stock markets rose on Wednesday after Japan and the United States hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector.
US existing home sales dip to 9-month low on high costs
Sales of previously-owned homes in the United States hit their lowest rate in nine months, according to industry data released Wednesday, as high home prices and mortgage rates weighed on the market.
Canal+ clears final hurdle to acquire S.Africa's MultiChoice
France's Canal+ said Wednesday it had cleared the final regulatory hurdle for the buyout of Africa's largest pay TV enterprise MultiChoice and further expand its footprint on the continent.
UK launches first sanctions in new strategy to deter migrant crossings
The UK imposed sanctions Wednesday on more than two dozen people, groups and suppliers from the Balkans, the Middle East and China accused of helping migrants cross the Channel.
Stock markets rally after Japan-US trade deal
Stock markets rose on Wednesday after Japan and the United States hammered out a trade deal to slash Donald Trump's tariffs, including those on the crucial car sector.
UniCredit boosts outlook after walking away from Banco BPM
Italy's UniCredit posted a sharp rise in quarterly profit on Wednesday despite lower revenues, a day after it withdrew its offer for smaller rival Banco BPM due to government interference.
'So Trump-like': relief but no surprise in Japan as US cuts tariffs
In the Japanese city of Seki, famed for its razor-sharp artisan knives, news that incoming US tariffs will be lowered is welcome but not entirely unexpected.
South Korea sees record birth rate growth for Jan-May
South Korea registered record birth rate growth during the first five months of the year, a statistics agency official told AFP on Wednesday.
Macron-Merz to hold talks on NATO and EU-US trade row
French President Emmanuel Macron is to meet German Chancellor Friedrich Merz in Berlin on Wednesday to discuss NATO security, the US-EU trade row and other key issues.
Who makes laundry smell nice? Meet the professional 'noses'
In the laboratories of German fragrance and flavours giant Symrise, a citrus scent clings to the lab coats of trainees -- "noses" who are learning the art of making things smell good.
Games giant Ubisoft bets on reorganisation to dispel blues
Struggling French video games giant Ubisoft shed light on a far-reaching reorganisation of its business Tuesday, as it reported disappointing sales in April-June.
Trump says confident US to reach Philippines trade deal
US President Donald Trump voiced confidence Tuesday at reaching a trade deal with the Philippines to ease his threatened tariffs as he welcomed his counterpart Ferdinand Marcos to the White House.
General Motors profits fall on tariffs
General Motors reported Tuesday that second-quarter profits tumbled by more than a third due to tariffs as it confirmed its full-year forecast.
US Treasury chief says no reason for Fed chair to step down
US Treasury Secretary Scott Bessent said Tuesday that he did not see a reason for Federal Reserve Chair Jerome Powell to resign immediately, a day after calling for a sweeping review of the Fed.
US Treasury chief eyes China tariff deadline extension in talks next week
US Treasury Secretary Scott Bessent said Tuesday that he would meet his Chinese counterparts in Stockholm next week for tariff talks, eyeing an extension to a mid-August deadline for levies to snap back to steeper levels.
Heatwave hits water, electricity supplies across much of Iran
A severe heatwave sweeping Iran has disrupted water and electricity supplies in much of the country, with reservoir levels falling to their lowest in a century, state media said Tuesday.
AstraZeneca to invest $50 bn in the US as tariff threat looms
British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States by 2030 amid Donald Trump's threats to impose tariffs on the sector.
Price hikes nibble at demand for Lindt chocolate
Premium Swiss chocolate maker Lindt & Sprungli hiked its 2025 sales target as cocoa price hikes passed on to customers outweighed a drop in volumes.
Stocks mixed with trade and earnings in focus
Equity markets were mixed Tuesday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline for a deal.
AstraZeneca says to invest $50 bn in the US
British pharmaceutical giant AstraZeneca said Tuesday it would invest $50 billion in the United States amid a looming deadline of ramped-up tariffs from Washington.
Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
Asian markets were mixed Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a week before the deadline for a deal.
Without papers: Ghost lives of millions of Pakistanis
Ahmed Raza is invisible in the eyes of his government, unable to study or work because, like millions of other Pakistanis, he lacks identification papers.
France jails three in champagne 'slaves' case
A French court on Monday jailed three people for human trafficking in the champagne industry, exploiting seasonal workers and housing them in appalling conditions.
Stocks mostly rise as markets weigh earnings optimism and tariff fears
Wall Street stocks largely rose Monday as markets looked ahead to a heavy week of earnings reports following last week's overall solid results.
How Trump turned his Truth Social app into a megaphone
Donald Trump has turned his obscure Truth Social platform into a megaphone in his second presidential term -- constantly posting everything from major policy announcements to personal threats and unashamed self-promotion.