Today: October 18, 2026
Today: October 18, 2026

Economy

Business|Economy|Europe|Finance|Science|Stock Markets|Technology

Schneider Electric raises 2026 targets again on booming data centre demand

Schneider Electric raised its 2026 core profit and revenue targets for the second time this year on Friday, as the French industrial group

Arts|Asia|Business|Economy|Europe|Finance|MidEast

PetroChina set for record trading profit as war upends market, sources say

PetroChina is poised for a record year in trading profits, five trading executives said, with its refineries outside China reaping bumper margins amid tight

Business|Economy|Finance

BOJ chief flags inflation overshoot risk, stresses importance of 2% anchor

Bank of Japan Governor Kazuo Ueda on Friday reiterated the risks of underlying inflation overshooting the central bank's 2% target, stressing the growing importance of

Asia|Economy|World

North Korea says opening ceremony was held for new bridge to China

North Korea's state media KCNA said on Friday that an opening ceremony was held for the Amnok River bridge linking to China, which is also called New Yalu River Bridge.

Economy|Political|World

UN chief frontrunner Rebeca Grynspan says UN has 'become too risk-averse'

The United Nations has become too risk-averse and its next leader must be prepared to bear the cost of diplomatic failure and try again, Rebeca

Arts|Economy|Finance|Science|Technology

Fed chair Warsh says price stability is key but shies away from signals about rates

U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings

Business|Economy|Finance

Fed's Hammack warns inflation expectations deterioration could require Fed response

By Michael S.

Arts|Economy|Europe|Finance|World

Hedge funds' role comes into focus following European bonds turmoil

A sharp sell-off in European government bonds this month shows how hedge funds' growing role is making a systemically important market more

Arts|Business|Economy|Finance

China's super-rich scramble to exit offshore trusts, raise cash as taxman knocks

Some of China's richest people are winding down their offshore trusts, selling shares, and even switching nationality as a deadline looms to declare

Economy|Finance

Fed's Warsh sees US resilience, mum on rate-path view

Federal Reserve Chairman Kevin Warsh voiced optimism on Friday about US economic strength and surprise about how well global economies have

Business|Economy|Finance

India widens rupee defence to rates, but cautiously

India's central bank will further tighten monetary conditions to counter capital outflows and raise the cost of betting against the rupee,

Business|Economy|Fashion and Beauty|Finance

Dolce & Gabbana Beauty unit sees double-digit growth in 2026

Dolce & Gabbana's beauty business expects to maintain double-digit growth in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year, its CEO said in

Business|Economy|Finance|World

Top economic adviser says Centerview remains Venezuela's financial adviser

US financial services firm Centerview Partners remains the financial adviser for Venezuela's debt restructuring, the country's top economic adviser said on

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Trump administration sues California to block state from counting alleged noncitizen mail-in ballots

The Trump administration has sued California election officials

Arts|Business|Crime|Economy|Environment|Health|Sports|World

Hurricane Trudy looms over Mexico's Pacific coast, severe rainfall expected

Hurricane Trudy moved parallel to Mexico's western coast on Thursday, threatening further rain and strong winds in a region already battered in recent weeks by storms

Business|Economy|Finance|Political|US|World

US, Japanese officials meet ahead of APEC meeting in Hong Kong

Japan no longer faces the deflationary environment that existed for more than a decade, and the level of its currency and monetary policy should reflect

Asia|Business|Economy|Europe|Finance

Malaysia's economy grows 5.3% on year in Q3, official advance estimate shows

Malaysia's economy grew 5.3% from a year earlier in the third quarter, slowing from the previous three-month period, official advance estimates showed on Friday.

Asia|Business|Economy|Europe|Political|World

China targets practical action from global governance forum next week

China is aiming to spur more effective and accessible global governance solutions at a forum next week, convened under its push for an alternative governance system for the

Economy|Finance|Stock Markets

Calm after CoreWeave shock, but for how long?

A look at the day ahead in European and global markets from Kevin Buckland Asian stocks are rising into the weekend, with bargain hunters probably leading the buying after the precipitous plunge in

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Yemen's Houthis hit palace in Aden, coalition details attacks on Saudi infrastructure

Yemen's Houthis fired missiles at the presidential palace complex in the southern city of Aden on Thursday,

Economy|Finance|Science|Technology

G7 to launch exercises to guard against AI cyber attacks

Finance leaders of the G7 grouping agreed to hold tabletop exercises to guard against AI cyber attacks, Japanese Finance Minister Satsuki Katayama said, as

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

Trump admin files ‘long shot’ lawsuit after California wouldn’t open a thumb drive of alleged non-citizens

Trump admin files ‘long shot’ lawsuit after California wouldn’t open a thumb drive of alleged non-citizens

Economy|Education|Political

Modi's predicament: Gen Z pours out on India's streets as dissent surges

Despite tens of thousands of security personnel deployed to stop them, youth protesters in India scaled barricades last

Arts|Asia|Business|Economy|MidEast

Mideast war alters global bunker buying patterns, industry execs say

The US-Israeli war on Iran has altered bunker buying patterns for shippers globally as they turned to more spot and shorter-term purchases to cope with

Business|Economy|Political|World

Ukraine abandons truce and attacks Russian oil refinery as Zelenskyy says he feels betrayed by Trump

Ukraine attacked a Russian oil refinery, abandoning a brief truce involving energy-related targets that it said Moscow did not heed

Business|Economy|Finance

Japan core inflation likely exceeded BOJ target for first time since December

Japan's core consumer inflation in September likely exceeded the central bank's 2% target as higher energy prices driven by the Middle East conflict fed through to households

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FBI agents and analysts fired for roles in Trump classified files probe sue to get their jobs back

FBI employees fired for their roles in the investigation of President Donald Trump’s retention of classified documents at his Florida estate are suing to get their jobs back, calling their terminations unlawful acts of “political retribution.”

Economy|Finance

World Bank's Banga sets goal of quintupling critical minerals financing in five years

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20

Business|Economy|Finance|Science|Stock Markets|Technology|US

Chipmaker sell-off sends investors to other stocks and bonds for safety

Chipmaker sell-off sends investors to other stocks and bonds for safety

Business|Economy|Finance|Science|Stock Markets|Technology

Why CoreWeave's troubles are rattling the AI boom

CoreWeave's mounting debt is raising fresh concerns about the AI boom, as investors question whether demand can justify the billions being borrowed

Business|Economy|Europe|Finance|Political|World

Crucial to give Ukraine all means needed to defend population, infrastructure, France's Macron says

French President Emmanuel Macron said on Thursday that it was crucial to give Ukraine all the means it needs to defend and protect its civilian population and its

Economy|Finance

MSCI freezes certain Turkey index changes, warns of potential market downgrade

MSCI on Thursday froze certain changes to its Turkey equity indexes, saying it needed more time to assess market reforms and warning of a potential

Economy

Brazil candidates focus fiscal plans on voter-friendly measures before runoff

As Brazil's presidential runoff campaign enters its final stretch, both candidates are focusing plans for fiscal adjustments on politically palatable

Economy|Finance|Science|Stock Markets|Technology|US

Global stocks flat as AI and rate fears hit tech

An index of global equity markets ended flat on Thursday as concerns about AI spending and higher interest rates fueled further selling in technology and

Economy

Global hedge funds hammered by AI selloff this week, Asia managers lead losses

Global hedge funds suffered steep losses this week, battered by a sharp unwind of a swathe of AI bets, with Asia-focused funds hit the

Asia|Economy|Political|World

South Korea reviews expanding military mission in Middle East, report says

South Korea is reviewing an expansion of its military operations in the Middle East, the Kyunghyang Shinmun newspaper reported on Thursday, as the US ally faces pressure from

Asia|Business|Economy|Finance|Science|Stock Markets|Technology

Global tech rout loses steam

The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence

Business|Crime|Economy|Europe|Sports

US businessman whose firm invested in European soccer clubs pleads guilty to fraud

An American businessman whose firm invested in several European soccer clubs that struggled under its ownership has pleaded guilty to fraud charges in New York

Business|Economy

California orders lenders to report on handling of insurance payouts to LA fire survivors

California officials are ordering mortgage lenders to report on how they've handled insurance payouts to survivors of the 2025 Los Angeles-area fires

Africa|Americas|Arts|Asia|Australia|Business|Celebrity|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Stock Markets|Technology|Travel|US|Videos|World

US plan to ease shadow fleet sanctions unlikely to free up many tankers, analysts say

A potential Trump administration plan to ease sanctions on vessels that have transported sanctioned oil and fuel would likely have limited impact on

Arts|Business|Economy|Europe|Finance

UBS exploring options abroad in case Swiss rules prove intolerable, sources say

UBS is working on possible scenarios including shifting its headquarters, or a merger with another bank, if Switzerland introduces new banking rules it deems

Business|Economy|Finance

Private credit faces deployment squeeze as fundraising hits record

Private credit direct lenders are raising record sums even as deal activity slows and borrowers return to the banking system's syndicated loan market,

Economy|Technology

US appeals court invalidates federal $9 billion telecom subsidy fund

A U.S. federal appeals court said on Thursday the Federal Communications Commission exceeded its authority in setting up a telecoms subsidy program

Economy|Science|Technology

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,

Arts|Economy|Environment|Europe|Finance

Diesel's surge is starting to push other prices around. Here's how

The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a

Economy|Political|World

Prime Minister Mark Carney says US is trying to break Canada as Alberta votes on separation path

Canadian Prime Minister Mark Carney has campaigned for national unity as advance voting is underway in oil-rich Alberta in a referendum that could set the province on a path toward a future vote on separation from Canada

Business|Economy|Health|Science

Trump administration advances plan for peptide drugs favored by RFK Jr.

Federal health officials are moving ahead with plans to broaden access to a class of unproven injectable drugs called peptides

Arts|Business|Economy|Environment|Science|Technology

IEA to speed up oil stocks release including over 20 million barrels of diesel

The International Energy Agency agreed on Thursday to release over 20 million barrels of diesel to the

Americas|Arts|Economy|Environment|Europe|MidEast

Progress toward a US-Mexico tariff deal has stalled, WSJ reports

Progress toward a US-Mexico tariff deal has stalled after opposition from Commerce Secretary Howard Lutnick, the Wall Street Journal reported on Thursday, citing people familiar

Business|Economy

Fed's Goolsbee on inflation: discouraging, but still some optimism

Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that data this week showing stronger-than-expected consumer and producer price inflation has been "

Business|Economy|Technology

Target says it does not use customer data to raise prices

Target said on Thursday that it was not using customer data to raise prices based on shoppers' identities or locations, joining rival Walmart in trying to address growing concerns

Business|Economy|Science|Technology

CoreWeave's AI contracts and the lenders financing its build-out

CoreWeave, an Nvidia-backed cloud company that provides high-performance computing infrastructure for artificial intelligence, has secured tens of billions of dollars in contracts

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now

Arts|Economy

Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years

Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years

Business|Economy|Finance

US retail trade group forecasts healthy holiday sales, in part due to inflation

Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays

Business|Economy|Finance|World

US producer prices post largest gain in 4-1/2 years; expensive gasoline boosts retail sales

US producer prices increased by the most in 4-1/2 years in September amid rising costs for goods and services, the latest indication of inflation

Arts|Economy|Environment|Finance|Health

US delays small imports rule that raised alarm over prescription drug costs

The US government has delayed by 90 days implementation of new customs requirements for small international mail shipments, a move that should forestall higher

Economy|Environment|Health|Science

Rotting meat smell sparks protest at Mexico's screwworm sterile-fly plant

A rotten smell hanging over a town in Mexico's southern Chiapas state drove residents into the streets on Thursday

Economy|Political

Lula pledges free weekend transit nationwide as Brazil runoff nears

Brazilian President Luiz Inacio Lula da Silva said on Thursday he will send Congress a constitutional amendment guaranteeing free weekend public transport nationwide, the

Business|Economy|Environment|Technology

Global EV sales fall 2% in September, ending six-month growth streak

Global demand for electric vehicles fell 2% in September, ending six consecutive months of growth, as record sales in Europe were not enough to offset sharp declines

Business|Economy|Science|Technology

How the Houthis are helping Iran turn Saudi Arabia into a pressure point

The Houthi attacks on Saudi Arabia are about more than Yemen.

Arts|Business|Economy|Europe|MidEast|Political|World

Israel says commercial goods no longer entering Gaza after merchants suspend coordination

Israel said commercial goods were no longer entering Gaza over what it said was a dispute over taxes between local merchants and Hamas, shutting off a vital source of

Business|Economy|Health|Science|Technology

Pennsylvania secures $4 billion in investments, governor says

Pennsylvania Governor Josh Shapiro said on Thursday the state had secured more than $4 billion in life sciences and private-sector investment commitments over the past week.

Business|Economy|Finance

American Airlines names new network planning chief in fresh management shake-up

American Airlines is making another round of management changes, its second in the latter half of the year, as it tries to boost its profits,

Africa|Americas|Arts|Asia|Economy|Environment|Europe|Finance|MidEast|Stock Markets|US

Brent steady as US weighs easing sanctions on global 'shadow fleet'

Brent crude was little changed on Thursday as investors weighed possible US steps to ease restrictions on the world’s "shadow fleet" of tankers, while

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Business|Economy|Finance

Wholesale inflation reaches levels last seen in 2022

Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections

Economy|Science|Technology

Nasdaq nears one-month low as AI stocks slide on debt concerns

The Nasdaq fell to near one-month lows on Thursday as fears of a hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked stocks, while

Economy

German savings banks chief says growth could curb political polarisation

Germany's nascent economic recovery could curb the polarization seen in recent state elections, the president of the country's savings banks association

Business|Economy|Finance

Dollar recedes from 18-month high as bond rally tempers impact of hot inflation data

The dollar retreated from an 18-month peak on Thursday as investors looked past strong US inflation and spending data to focus on a shakeout in the

Business|Economy|Finance|Stock Markets|Technology|US

Analysts react to Coreweave debt woes, AI selloff

A selloff in US technology stocks and their bonds intensified on Thursday as high borrowing costs put the financing behind AI’s massive infrastructure buildout under growing

Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Sports|Technology

US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts

US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major

Economy

Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory

No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Business|Economy|Entertainment|Lifestyle|Political

Wisconsin's Republican candidate for governor keeps his distance from Trump in nail-biter campaign

Democrats got the candidate they wanted for governor in Wisconsin

Arts|Business|Economy|Travel

Deal reached to end horse carriage industry, New York City official says

Deal reached to end horse carriage industry, New York City official says

Economy|Health

A new Medicare season begins, but some shifts will arrive in 2027

Open enrollment for Medicare plans begins Thursday, allowing people to choose between traditional Medicare and Medicare Advantage plans until Dec. 7

Business|Economy|Finance|Stock Markets|US

Retail sales up 0.8% in September, but a big chunk of spending went to paying gasoline bills

Shoppers showed their willingness to spend in September even after a better-than-expected splurge in August

Arts|Economy|Europe|Technology

Why are credit default swaps unnerving AI investors?

The cost of insuring against the risk of potential US tech defaults has hit record levels, in the latest sign of credit stress building in the so-called AI

Arts|Business|Economy

Major brokerages expect next Fed rate hike in December

Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,

Economy|Finance

UK's Healey should rebuild fiscal headroom to about £15-16 billion, Reuters poll shows

British finance minister John Healey should rebuild his depleted headroom against the fiscal rules to about £15-16 billion ($20-21 billion) at this month's budget to

Business|Economy|Political|Science|Technology

Microsoft president warns green-card curbs could hurt US tech, Politico reports

Microsoft President Brad Smith warned the Trump administration's move to restrict green-card access for skilled foreign workers could hurt US technological competitiveness and drive

Business|Economy|Political

UK's Healey says banks are key to economy but keeps tax options open

British finance minister John Healey said banks were central to the country's economic future on Thursday when pressed by reporters about the likelihood

Business|Economy|Science|Technology

US Treasury pushes global partners to rename AI as 'super intelligence'

The United States wants its global partners to rename artificial intelligence as "super intelligence," convinced that the new moniker better reflects the

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

US weekly jobless claims rise marginally amid low layoffs

The number of Americans filing new claims for unemployment benefits increased marginally last week amid low layoffs that are keeping the labor market stable.

Economy|Europe|Finance|Political|World

Ukraine passes key laws to help unlock billions in aid from EU, IMF

Ukraine's parliament passed a package of legislation on Thursday to advance the implementation of key demands from the European Union and the International Monetary Fund to

Business|Economy

Cartier-owner Richemont considers joining bidders for De Beers, source says

Luxury group Richemont, owner of Cartier, is in talks to join a consortium bidding for diamond miner De Beers, which

Arts|Business|Economy

The number of Americans filing for jobless aid remain at historically low levels below 200,000

U.S. applications for unemployment benefits inched up last week as layoffs remain historically low and most American workers enjoy job security

Business|Economy|Environment|Finance

Is the world pricing the risk of a US diesel export ban?

If the US imposed a ban on its diesel exports, as some lawmakers are calling for, it would roil the global market.

Arts|Economy|Education|Environment|Finance|Science|Technology|World

IMF says African economies performing well despite shocks from the Iran war

The head of the International Monetary Fund’s Africa department says African economies have managed to weather the energy crisis brought on by the Iran war

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed

Arts|Business|Economy|Environment|Science|Technology

Oil shipping costs spike, lifting prices from pump to grocery

When the oil supertanker Esteem Explorer sails from the United States to Japan in late November, loaded with about 2

Arts|Business|Economy|Finance|Interview|Opinion|Science|Technology|World

Warsh's quest for quiet Fed gets vocal pushback

Federal Reserve Chairman Kevin Warsh’s call for a “quieter” central bank is facing pushback from colleagues who see

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.

Business|Economy|Finance|Stock Markets

Wall St banks caught in capital markets lull after a strong first half of 2026

Quarterly results from Wall Street's big banks this week showed that even the largest and most robust players of the industry can be vulnerable to the ebb and flow of

Economy|Finance|Technology

BoE warns banks to prepare for AI-enabled cyber breaches

The Bank of England is working with banks on deep cyber-recovery options, its deputy governor Sarah Breeden said on Thursday, arguing

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Economy|Europe|Finance

Italy to raise almost €11 billion from financial sector in next three years

Italy plans to raise an additional €10.7 billion ($12.00 billion) from the financial sector to help fund its budget over the 2027-2029 period, a government

Arts|Business|Economy|Europe|Finance|US|World

US wants Senegal debt restructuring wrapped up in less than a year

The United States views Senegal's request for debt restructuring as a "great example" of progress on the Group of 20 Common Framework, and wants to see

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Business|Economy|Finance|Stock Markets|Technology

AI credit worries send default insurance to record high 

The cost of insuring against tech defaults struck record highs on Thursday, as investors rushed to hedge against the risk of

Economy|Europe|Health|Lifestyle|World

Questions swirl about pope's future and what he knew when praying at a French shrine famed for cures

Pope Leo XIV's lung cancer diagnosis raises questions about the future of his pontificate

Business|Economy|Science|Technology

Taiwan chipmaker TSMC explores Texas investment to expand production in the US

Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand chip production in the U.S. The company says it is open to collaborating with Elon Musk’s planned “Terafab” chip manufacturing complex in Texas

Economy

Frustrated with Trump, voters overwhelmingly want change in Washington, an AP-NORC poll finds

A new AP-NORC poll finds that a strong majority of voters believe President Donald Trump is falling short at home and abroad, and they want major change in the upcoming midterm elections

Business|Economy

Japan economy minister stresses BOJ independence, rejects reflationist label

Japanese Economy Minister Minoru Kiuchi said monetary policy should be left to the Bank of Japan, reiterating the government's stance on

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-

Business|Economy|Finance|Interview|Stock Markets|US|World

WTO chief sees lasting impact on trade from Middle East war and geopolitics

Shifting geopolitics and the wars in Ukraine and the Middle East will have a lasting impact on world trade flows as companies hedge their bets against future shocks, Ngozi

Economy|Europe|Political|World

Germany warns against bringing Russia back into G20 fold

Germany warned on Thursday against efforts to bring Russia back on to the international stage, while Britain called for tighter

Business|Economy|Europe

For Chinese automakers, the road to survival runs through Europe

The record 20 Chinese brands vying for attention at this week's Paris car show reflect a stark reality: as a slowdown at home pushes China's overcrowded auto

Americas|Economy|Europe|MidEast|Political|US

Merz says frozen Russian assets must stay in Europe amid reported US proposal

Billions of euros' worth of Russian assets frozen in Europe after the invasion of Ukraine should stay under the region's control, German Chancellor Friedrich Merz said on

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's

Economy|Finance|Political|World

Norway wealth fund should invest in top arms makers, commission says in ethics overhaul

Norway should allow its $2.3 trillion wealth fund to invest in major Western defence groups that are currently banned from its portfolio due to their

Arts|Business|Economy|Finance

PepsiCo warns 'energy drink' ban could run its India supplies dry as Red Bull sells on

PepsiCo told an Indian court on Thursday that a continued ban on the "energy drink" label could drive its top-selling products out of stock nationwide

Business|Economy|Technology

TSMC Q3 profit jumps 69% to record, beating expectations

TSMC, the world's largest contract chipmaker, posted a 69% jump in third-quarter net profit on Thursday, beating market forecasts and hitting a record, thanks to soaring

Business|Economy|Technology

Ericsson braces for component cost hit after third-quarter profit beat

Telecom gear maker Ericsson on Thursday reported a smaller-than-expected drop in third-quarter core profit as efficiency measures helped offset higher component costs,

Arts|Economy|Environment|Technology

Governments globally to turn to non-dollar bonds amid AI-driven liquidity crunch, Citi banker says

Governments and state entities

Arts|Business|Economy|Finance|Technology

South Korea's KOSPI closes at 6-month low as chipmakers slump on AI worries

South Korea's benchmark KOSPI stock index closed at a six-month low on Thursday, as a heavy selloff in chipmakers triggered a

Economy|Environment|Science|Technology

Copper squeeze breathes new life into old mines

In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper.

Arts|Business|Economy|Technology|World

Taiwan president calls for Micron, workers to negotiate 'sincerely' ahead of possible strike

Taiwanese President Lai Ching-te called on Thursday for US memory chipmaker Micron Technology and its workers to negotiate "sincerely"

Business|Economy|Finance|Science|Stock Markets|Technology

TSMC 'prudent' going into 2027 after posting sixth straight quarter of record profit

TSMC, the world's largest manufacturer of advanced chips, struck a note of caution for 2027 on Thursday due to macroeconomic uncertainties,

Arts|Business|Economy|Finance|Technology

Is the AI rout making bonds safe again?

A rude awakening over the debt-fuelled AI binge has sent investors rushing out of stocks and into government bonds, which now seem to

Economy

Romania's nominated prime minister secures support ahead of confidence vote

Romania's leftist Social Democrats said they will join the government of Prime Minister-designate Luca Niculescu while other parties pledged their votes, edging the