Today: September 12, 2026
Today: September 12, 2026

Economy

Arts|Economy|Entertainment|Finance|Sports|Technology

Yields, dollar rise, stocks ease after solid US jobs report

Treasury yields and the dollar rose, while stocks fell on Friday after stronger-than-expected U.S. job growth data boosted bets on a September

Business|Economy|Finance

Strong August jobs report sends yields higher

 U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, pointing to a stable labor market and keeping an interest rate hike from

Arts|Business|Economy|Europe|Finance

Pressure in China helps convince Volkswagen it's time to change

Volkswagen’s sweeping restructuring underlines the force of the China shock hitting Germany’s economy as the world’s biggest car market, short years ago a major profit center, rapidly becomes a major competitive challenge

Economy|Environment|Science

Farmers turn to perennial grains as one solution to extreme weather

A handful of U.S. farmers are looking at a new solution to extreme weather

Business|Economy|Finance

Canada's job market loses steam as employment drops by over 41,000

Canada's economy lost 41,700 jobs in August, data showed on Friday, slowing sharply from unusually strong summer hiring, while the unemployment rate held

Arts|Business|Economy|Finance|Stock Markets|US

S&P 500 futures fall after August jobs data

Futures tracking the benchmark S&P 500 index turned negative on Friday after data showed the U.S. economy added more-than-expected jobs in August.

Business|Economy|Finance|Stock Markets

Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings

The manager of Norway's $2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S.

Arts|Business|Economy|Finance

US nonfarm payrolls surge in August; unemployment rate steady at 4.1%

U.S. job growth accelerated sharply in August while the unemployment rate held steady at 4.1%, suggesting an improvement in the labor market after

Business|Economy|Entertainment|Lifestyle|Political|Sports

Taxpayers don’t want to pay for new NFL stadiums – so why did politicians approve billions in subsidies to fund six new ones?

Research has repeatedly found that stadiums generate little economic benefit, while subsidy referendums often fail when put before voters. Yet team owners continue to receive billions in tax dollars.

Business|Economy|Science|Technology

US opens probe into Tesla self-certification of Cybercab robotaxis

The U.S.

Africa|Americas|Arts|Asia|Business|Economy|Europe|MidEast

Bonds' reality check

From the Editor Are the vigilantes back?

Arts|Economy|Finance|Stock Markets|US

Investors to pore over inflation data for signals on rate trajectory

Investors will zero in on inflation data next week that they say could determine whether the U.S.

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Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say

Citadel has held talks to buy U.S. oil production assets, as the hedge fund and commodities trader considers expanding further into owning physical assets,

Economy|Stock Markets

TSX futures muted ahead of domestic, US jobs reports

Futures tracking Canada's blue-chip stocks were subdued on Friday, as investors refrained from placing large bets ahead of crucial U.S. and Canadian jobs reports that could

Arts|Economy|Finance

Global money funds draw biggest inflow in nearly a month as investors turn cautious

Global money market funds attracted significant inflows in the week through September 2, as escalating U.S.-Iran tensions and a selloff in global bonds prompted investors to

Arts|Economy|Entertainment|Finance|World

Labor Day gas has never been this expensive. Trump is scrambling for answers

Labor Day gas has never been this expensive. Trump is scrambling for answers

Economy|Sports|Technology

US military turns off ad trackers on devices amid Middle East targeting reports

U.S. military officials say they have disabled advertising trackers on a range of phones and computers, according to letters released on Friday by U.S.

Business|Economy|Finance

Bank of England's Bailey sees long-term pressures driving up government debt

Bank of England Governor Andrew Bailey said on Friday that weak productivity and shocks such as COVID-19 were behind a climb in public debt across advanced economies, which

Business|Economy|Finance

US directs Fannie Mae, Freddie Mac to approve VantageScore for all lenders

U.S.

Economy

More Argentines turn to apps for loans as debt stress hits record

When traffic authorities confiscate a delivery rider's motorcycle in Buenos Aires, getting back to work can depend on taking out costly digital loans,

Business|Economy|Environment|World

Nepal floods could cost insurers over $130 million even before death, injury claims

The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with

Economy

What the bond rout means for your finances (Hint: It’s a mixed bag)

What the bond rout means for your finances (Hint: It’s a mixed bag)

Arts|Economy|Environment

Yen's changing fortunes might finally be spooking the bears

Six weeks after hitting a four-decade low against the dollar, the tide appears to be turning for the battered

Economy|Environment|Europe

France gives farmers €1 billion to recover from record heatwaves

France on Friday announced more than €1 billion ($1.16 billion) in aid for farmers after this summer's record heatwaves and droughts devastated crops, pastures and water

Business|Economy|Europe

Volkswagen's surprise turnaround deal averts showdown as job cuts loom

Volkswagen shares hit an 11-week high after the supervisory board of Europe's largest automaker late on Thursday struck an

Business|Economy|Finance|Stock Markets

European shares log weekly losses on inflation worries; Volkswagen jumps

European shares ended the week lower on Friday, though a rally in Volkswagen helped steady the market after the automaker agreed on a major

Business|Economy|Finance

Chinese banks purchasing Treasuries after wooing dollar deposits, sources say

Chinese banks have been buying U.S.

Business|Economy|Political|World

Myanmar leader begins Vietnam trip with visit to defence-telecom group

Myanmar President Min Aung Hlaing visits Vietnam on Friday with meetings that include top telecommunications, defence and auto companies as the two countries seek to boost

Business|Economy|Science|Technology

This city is one of the world’s most important AI hubs. It’s not where you’d expect

This city is one of the world’s most important AI hubs. It’s not where you’d expect

Arts|Business|Economy|Europe|Science|Technology|World

Russia’s Sechin says China, not OPEC, calls shots on global energy markets

Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude imports by 5.5

Business|Economy|Environment|Science|Technology

China rare earth firms halt some US shipments over geopolitical worries, sources say

Some Chinese rare earth suppliers are declining to ship to the U.S. for fear of

Business|Economy|Finance

UK firms plan slightly smaller price rises, BoE survey shows

British businesses expect to increase their prices slightly less quickly in the year ahead, according to a survey published by the Bank of England on Friday.

Business|Economy|World

UK construction slides again, pulled down by weak housebuilding, PMI shows

Britain's construction sector marked its 20th month of contraction in August, dragged down by a severe downturn in the housebuilding sector, a survey showed on Friday.

Arts|Economy|Election|Europe|Finance

Greek PM to unveil plan to boost incomes ahead of elections

Greek Prime Minister Kyriakos Mitsotakis will announce more than €2 billion ($2.33 billion) in tax breaks, pay rises and other handouts on Saturday, officials said, as he

Arts|Business|Economy|Europe|Finance|Stock Markets|US

India regulator presses ahead against Hindenburg, others in Adani case, sources say

India's markets regulator has started hearing representations as it seeks to recover gains from trades it suspects benefited from prior knowledge of

Economy|Political|World

Argentina's Milei steps up Falklands sovereignty claims with oil sanctions

Argentine President Javier Milei said he would sanction oil companies drilling in the Falkland Islands, stepping up the

Asia|Business|Economy|Finance|Stock Markets

Citi eyes China brokerage unit licence as soon as this month, sources say

Citigroup expects to get regulatory approval for its wholly-owned China brokerage business as soon as this month and plans to add several dozen staff at the

Business|Economy|Finance

J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger

J.P.

Arts|Business|Crime|Economy|Education|Environment|Food|Health

Indonesia's top rights body calls for police to probe poisoning of more than 2,000 students

Indonesia's top human rights body urged the police on Friday to investigate several new outbreaks of food poisoning linked to President Prabowo Subianto's

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Two people rescued alive from Nepal hydropower tunnel

Two people were pulled out alive on Friday from a tunnel linked to a hydropower station on the Trishuli River, nine days after a ice, rock and mud slide swept through a

Asia|Economy|Environment

Nepal flood losses estimated at $2.56 billion, official says

KATHMANDU, Sept 4 - Property, housing and infrastructure worth at least 387.5 billion Nepalese rupees ($2.56 billion) was lost in Nepal's catastrophic floods last week, the country's disaster

Business|Economy|Finance|Stock Markets

Seems payrolls isn't the data you are looking for

A look at the day ahead in European and global markets from Stella Qiu U.S.

Economy|Science|Technology

South Korea says chip investments under discussion with US amid tariff concerns

South Korea and the United States are discussing semiconductor investments in the U.S. as part of broader bilateral talks, a Seoul official told

Business|Economy|Finance

US job growth expected to rebound in August; unemployment rate forecast steady at 4.1%

U.S. payrolls growth likely rebounded in August as the drag from local government education reversed, but the anticipated recovery could be limited by

Economy

US pressure on Iran starting to tell, as sanctions and blockade bite

A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult

Economy|Finance

Japan budget requests swell to pandemic-era scale under Takaichi

Japan's budget requests for the next fiscal year have ballooned to a size similar to during the pandemic era, as Prime Minister Sanae

Business|Economy|Finance|Science|Technology

Tesla starts Cybercab rides in Austin, drawing US safety agency interest

Tesla said on Thursday it was offering rides in "limited areas of Austin, Texas" in its two-seater Cybercab, a

Arts|Business|Economy|Environment|World

Brazil's Vale drops IPO plans for critical minerals unit, The Globe and Mail reports

Miner Vale SA is shelving plans for an IPO of its critical minerals unit amid political pushback in Brazil over the country potentially losing control over strategic mining assets,

Business|Economy|Finance

Japan July household spending falls at fastest pace in 2-1/2 years

Japanese household spending fell in July at the fastest annual pace in 2-1/2 years, government data showed on Friday, highlighting lacklustre private

Arts|Business|Economy|Europe|Food|Health|Lifestyle|Science|Technology|World

EU ban on animal products affects $1.8 billion in Brazilian exports

An EU ban on animal products from Brazil that took effect on Thursday affects Brazilian exports worth about $1.84 billion annually, mainly beef and poultry, as the bloc seeks

Arts|Economy|Environment|Health|Technology

Trading food for medicine and crossing the river by zip line are part of life in Nepal flood zone

Some survivors in Nepal's relief camps after deadly floods are struggling to obtain essential medicine and cash

Business|Economy

Volkswagen to slash half its vehicle lineup and 50,000 jobs in cost-cutting effort

Volkswagen to slash half its vehicle lineup and 50,000 jobs in cost-cutting effort

Africa|Americas|Arts|Asia|Economy|Europe|MidEast

US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?

US oil deal promises a flood of investment in Venezuela. When will its people feel the benefits?

Americas|Arts|Business|Economy|Environment|Europe|Finance|MidEast|US

US hits Cuba with new sanctions as island's crises multiply

The U

Business|Economy|Finance|Stock Markets|US

US SEC proposes scrapping 'pay to play' rule for pension fund advisers

Wall Street's top regulator on Thursday proposed doing away with "pay-to-play" regulations intended to prevent investment advisers from winning business from public pension funds by

Arts|Business|Economy|Interview|World

Greer says agriculture, non-tariff barrier announcements likely during Xi visit

The United States and China are set to make some announcements on agriculture and non-tariff barriers during a visit by Chinese President Xi Jinping to Washington this month, U.S.

Business|Economy

Brazil's Congress upholds zero-tax policy on imports under $50

Brazil's Congress voted on Thursday to uphold an executive order by President Luiz Inacio Lula da Silva that scrapped federal import taxes on foreign purchases worth up to

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Ukraine's Zelenskiy says investigation underway after clash between two security agencies

President Volodymyr Zelenskiy said on Thursday that an investigation would determine what caused a dispute between two of Ukraine's security agencies to escalate into a shootout in

Business|Economy|Europe|Finance|Technology

T-Mobile CFO Peter Osvaldik to step down in February 2027, Jessica Uhl to succeed

T-Mobile said on Thursday that Peter Osvaldik will step down as chief financial officer in February 2027, and named Jessica Uhl his successor.

Arts|Asia|Business|Economy|Environment|Finance|MidEast|Science

US diesel prices hit record high as conflicts intensify supply crunch

Average U.S. diesel prices jumped to record highs on Thursday, as a global supply crunch intensified after renewed hostilities between the U.S. and

Arts|Business|Economy|Finance|Technology

Trading Day: Waller cools Fed hike hoopla

Remarks from Fed Governor Christopher Waller that he is inclined to hold interest rates steady later this month sparked a strong stock market

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

ICE whistleblower warned of 'unprecedented lowering of standards' during hiring spree

A supervisor overseeing background checks warned last year that Immigration and Customs Enforcement was hiring scores of new officers without basic vetting, violating federal rules and putting the agency at risk of misconduct

Business|Economy|Finance

Lululemon cuts outlook again, highlighting to-do list for new CEO

Lululemon Athletica on Thursday slashed its full-year forecasts again, underscoring that incoming CEO Heidi O'Neill has her work cut out —

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US court says Gulf of Mexico fishery council has too much power, but overfishing rule can stand

A federal appeals court said a council created by Congress to help the U.S. commerce secretary manage the nation's fisheries exercised unconstitutional powers,

Business|Economy|Finance|Technology

Adobe names insider Chakravarthy CEO, Narayen transitions to executive chair

Adobe named Anil Chakravarthy as successor to long-time CEO Shantanu Narayen on Thursday, charging the insider with taking on a wave of new AI rivals threatening its design software

Business|Economy|Finance

Main points of Volkswagen's restructuring plan

Volkswagen AG's supervisory board agreed to a comprehensive restructuring plan dubbed "Future Plan 2030" which it said was essential to restore competitiveness and secure

Arts|Business|Economy|Environment|Europe

Volkswagen flags 50,000 job cuts across group as board approves turnaround plan

Volkswagen's supervisory board on Thursday approved a transformation plan that will include

Arts|Asia|Business|Economy|Europe|Finance|US

Bond yields fall, stocks rally as Fed's Waller comments curb rate hike bets

Stock markets rallied while bond yields fell on Thursday as comments from Federal Reserve Governor Christopher Waller

Business|Economy|Political|Sports|World

FIFA accuses European body UEFA of 'smear campaign' in filing related to World Cup sell-off plan

FIFA has accused European soccer body UEFA of a “smear campaign” in a court filing

Economy|Environment|Science

The Trump administration halted a Great Lakes project. Then Whitmer called Trump

The Trump administration is allowing construction of a state-federal project aimed at preventing invasive carp from reaching the Great Lakes to move forward

Arts|Business|Economy|Science|Technology

Vance says Iran conflict isn’t a ‘war,’ even as he refuses to say when it will end

Vance says Iran conflict isn’t a ‘war,’ even as he refuses to say when it will end

Arts|Business|Economy|Education|Entertainment|Environment|Finance|Food|Interview|Lifestyle|Opinion|Science|Sports|Technology|World

Fact check: Vance repeats Trump’s fictional ‘$19 trillion’ investment figure

Fact check: Vance repeats Trump’s fictional ‘$19 trillion’ investment figure

Arts|Business|Economy|Europe|Finance

Volkswagen board approves cutting 50,000 more jobs and ending production at 4 plants

Volkswagen’s board has approved a major cost-cutting plan to counter low-cost competition in China and U.S. tariffs

Business|Economy|Finance|Stock Markets

Tech stocks lead a rally on Wall Street as bond yields ease some more

Stocks rose on Wall Street as bond yields eased further and a rally in big technology companies helped the market recoup its losses from earlier in the week

Business|Economy|Finance|Science|Technology

Smart ring maker Oura reveals revenue surge in US IPO filing

Oura, the maker of smart wearable Oura Ring, filed the paperwork for its U.S. initial public offering on Thursday, revealing a revenue surge and adding to a growing list of consumer

Africa|Americas|Arts|Asia|Australia|Business|Crime|Economy|Education|Entertainment|Europe|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Political|Science|Sports|Technology|Travel|US|World

FACT FOCUS: Trump claims US banks cannot operate in Canada. That's not true

President Donald Trump falsely claimed on Wednesday that U.S. banks are not allowed to do business in Canada

Celebrity|Economy|Fashion and Beauty|Food|Health|Sports

Cyclosporiasis cases in Michigan climb to over 14,700, state health officials say

Michigan health officials reported 14,718 cases linked to an outbreak of cyclosporiasis on Thursday, an increase of 208 cases since its last update a week earlier.

Americas|Arts|Economy|World

Proud of their oil, Venezuelans view US stake in their reserves as a surrender

Many Venezuelans see the deal giving the United States control of roughly one-fifth of their country's oil reserves as a surrender

Economy

US imposes new sanctions on Raul Castro's grandson, Cuban companies

The U.S. imposed new sanctions on Thursday on five Cuban companies and the grandson of 95-year-old revolutionary leader Raul Castro, as the Trump administration

Business|Economy|Environment|Science

US Forest Service closing 23 research facilities as part of reorganization under Trump

The U.S. Forest Service is closing 23 research stations in more than a dozen states as part of an organizational overhaul under President Donald Trump

Business|Economy

Trump turns to a dual economic and military approach in latest attempt to squeeze Iran

Confronted by an intransigent Iranian government that has refused to back down in the face of a massive military campaign, President Donald Trump appears to have settled on a dual-prong approach

Arts|Economy|Education|Finance|Health|Technology

Maryland launches family and medical leave insurance program with payments of up to $1,000 a week

Maryland launches family and medical leave insurance program with payments of up to $1,000 a week

Business|Economy|Environment|Science|Sports

Edouard’s flood threat finally wanes after dumping 20+ inches on east Texas

Edouard’s flood threat finally wanes after dumping 20+ inches on east Texas

Business|Economy|Technology

Automakers urge Congress to quickly pass law banning Chinese cars

A group representing major automakers on Thursday urged Congress to pass legislation permanently barring Chinese vehicles from the U.S. market before

Arts|Economy|Environment

US fixed 30-year mortgage rate rises to highest since July 2025

The average rate on the popular U.S. 30-year fixed-rate mortgage ​rose this week to its highest in more than a year, a fresh pain point for households already dealing

Economy|Political|US|World

Canada ready for US trade deal that benefits both countries, Carney says

Canadian Prime Minister Mark Carney said on Thursday his government was ready to sign a trade deal with the U.S. that benefits both countries, adding any agreement would

Business|Economy|Political|World

Oil investors need democratic Venezuela for stability, opposition leader says

Only a "serious, democratic government" can provide the stability needed by investors in Venezuela's oil sector, opposition leader and Nobel Peace Prize winner

Arts|Business|Economy|Education|Entertainment|Europe|Finance|MidEast|US

US labor market remains stable; services input price rises point to elevated inflation

The number of Americans filing claims for unemployment benefits rose marginally last week amid low layoffs, pointing to stable labor market conditions

Business|Economy

Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higher

There is no more premium for safe, liquid U.S. government debt, pushing the neutral level of interest rates higher, Federal Reserve

Arts|Economy|Europe|Finance|Technology

Revolut wins conditional US banking license

British fintech Revolut said on Thursday it has received conditional approval from the U.S.

Business|Economy|Finance|World

Oil prices mixed as investors weigh Middle East escalation, chance of Russia-Ukraine peace deal

Oil prices were mixed on Thursday, supported after U.S. strikes on Iran and renewed Israeli threats against Tehran revived concerns about disruption to

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Out-of-state drivers owe Maryland nearly $1 billion in unpaid tolls

Out-of-state drivers owe Maryland nearly $1 billion in unpaid tolls

Business|Economy|Finance|Political

Will Federal Reserve hike rates later this month? Waller muddies the outlook

Federal Reserve governor Christopher Waller says that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not

Economy|Environment|Political|Science|Technology

Brazil’s Senate passes rare earth minerals regulation, paving the way for boosted exploration

Brazil’s Senate has approved a bill to regulate the exploration of critical minerals, including rare earths, marking a step toward exploiting its vast reserves

Business|Economy|Science|Technology

Tesla keeps hyping robotaxis as its future. But it’s trailing rival Waymo in a field yet to prove profitable

Tesla keeps hyping robotaxis as its future. But it’s trailing rival Waymo in a field yet to prove profitable

Business|Economy|Finance

Average rate on a 30-year mortgage climbs to highest level in 13 months

Mortgage rates rose again this week, driving the average long-term U.S. home loan rate to its highest level in more than a year

Business|Economy|Finance|Food

Tyson Foods cuts profit outlook again as pressure from cattle shortage worsens

Tyson Foods cut its annual profit forecast for a second time within a month on Thursday as tight U.S. cattle supplies, volatile prices and

Business|Economy|Finance

Strong demand boosts US services sector activity in August

U.S. services sector activity picked up in August as strong demand lifted new orders to a 3-1/2-year high and drove input prices higher, suggesting inflation could

Business|Economy|Finance

Mortgage rates hit a new high for 2026, marching closer to 7%

Mortgage rates hit a new high for 2026, marching closer to 7%

Business|Economy|Finance

Canada July trade surplus shrinks, US exports drop

Canada's trade

Arts|Economy|Finance|Interview

Fed's Waller channels his inner John Lennon with a plea to 'give disinflation a chance'

By Michael S.

Economy|Finance

Bank of England's Pill says higher rates would help head off inflation pressure

Bank of England Chief Economist Huw Pill said that raising interest rates now would help reduce the chance that the central bank has to be more aggressive in future to tame

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|Stock Markets|Technology|Travel|US|Videos|World

A Lebanese man held prisoner in Israel is released and handed over to Lebanon

A Lebanese man held in Israel has been released, marking the first such handover since the Israel-Hezbollah conflict began six months ago

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

Nvidia to spend $13 billion on Hugging Face, which will remain an open source platform

Nvidia is buying artificial intelligence software platform Hugging Face for $13 billion

Business|Economy|Environment|Health|Lifestyle

High heat adds another obstacle to Indy flood recovery efforts

High heat adds another obstacle to Indy flood recovery efforts

Economy|Environment|Science

Trump administration ratchets up its fight to get more oil flowing from California

The Trump administration has been fighting with California officials over offshore oil projects and the state's coastal commission, which works to protect the state's shores

Business|Economy

US trade deficit widens in July; capital goods imports hit record high

The U.S. trade deficit widened sharply in July as strong domestic demand boosted imports, positioning trade to exert another drag on economic growth in the third quarter

Economy|Political|World

Resistance to Bolivia IMF deal grows as groups meet over fuel crisis

Opposition to Bolivia's $1.9 billion International Monetary Fund (IMF) program is gaining traction as civic groups, unions and business leaders increasingly link fuel

Business|Economy

Canada's services PMI hits six-month low as trade tensions grow

Canada's services economy contracted at its steepest pace in six months in August as rising trade tensions and geopolitical instability weighed on new

Arts|Economy|Entertainment|Finance|Lifestyle|Sports|Stock Markets|Technology|US

Wall St opens higher after Fed's Waller signals patience on rate policy

Wall Street's main indexes opened higher on Thursday after Federal Reserve Governor Christopher Waller said he was open to leaving interest rates unchanged this month if data

Business|Economy|Finance

China deploys first 2026 policy financing funds to spur investment

China Development Bank has disbursed 460 million yuan ($68.47 million) under the first tranche of China's 2026 policy-based financing tool, state media reported on Thursday

Business|Economy|Health

Haleon secures better shelf space at Walmart, Target in bid to boost market share

Sensodyne toothpaste maker Haleon has quietly negotiated better spots on shelves at U.S. retailers including Walmart and Target, to gain more visibility at a

Arts|Business|Economy|Finance|Food

Campbell's taps price hikes, cost cuts as results 'remain unacceptable'

Campbell's said on Thursday it has closed plants, cut jobs and planned more price increases on select products as the soup-and-snacks maker seeks to

Business|Economy|Finance|Stock Markets|US

Blackstone private credit fund maintains 5% cap as redemption requests remain elevated

Blackstone is continuing to cap withdrawals at its flagship private credit fund as requests to pull money remained elevated in the third quarter, according to

Business|Economy|Finance|Stock Markets|Technology

Snowflake's AI-powered results send shares soaring, buoy software stocks

Snowflake shares surged nearly 25% on Thursday after the company raised its annual product revenue forecast, strengthening investor confidence that AI-related

Arts|Business|Crime|Economy|Entertainment|Finance

Billionaire investor Leon Black sues and declines to testify in House committee’s Epstein investigation

Billionaire investor Leon Black sues and declines to testify in House committee’s Epstein investigation

Business|Economy|Technology

What to expect from Friday’s jobs report – and AI in the future

What to expect from Friday’s jobs report – and AI in the future

Business|Economy|Finance

US second-quarter productivity growth unrevised

U.S. worker productivity growth picked up in the second quarter, the government confirmed on Thursday, helping to keep labor costs in check.

Business|Economy|Technology

Aircraft lessor Azorra sees engine issues improving, strong demand for regional jets

Aircraft lessor Azorra sees signs that Pratt & Whitney's engine troubles are easing and expects strong demand for smaller, fuel-

Business|Economy|Technology

Airbus slows A330 deliveries after stray object found in plane

Airbus has been forced to slow deliveries of its A330neo jet after a stray tool was discovered in the tail section of an aircraft in production, a person

Economy|Political|World

Putin cites chance of peace deal, Zelenskiy says US negotiators to visit both countries

Russian President Vladimir Putin said on Thursday there was a chance of reaching an agreement to end the war in Ukraine, while Ukrainian

Asia|Business|Economy|Science|Technology|Travel

Tech pilgrims flock to China as global innovation race heats up

Humanoid robots working on factory floors, AI models challenging global rivals and electric-vehicle plants

Business|Economy

Shoppers are less peeved by cost hikes due to scarcity – but retailers more often blame their own rising costs

Shoppers are increasingly hunting for value, which puts the onus on businesses to tread carefully when justifying price hikes.

Business|Economy

Unemployment claims tick up to 206,000 but remain at historically low levels

More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels

Business|Economy|Finance|Stock Markets|US

Labor days

Some calm has returned to world markets over the past 24 hours as oil prices steadied and the angry bond market cooled down a bit.

Business|Economy|Technology

Polestar cuts full-year delivery forecast after US bars China-linked EV maker

EV maker Polestar on Thursday cut its full-year delivery forecast, hurt by Washington's crackdown on Chinese-linked vehicles that forced it out of the United States, sending its

Business|Economy|Europe|Finance

ECB to raise rates a second time in September, but then done, say economists: Reuters poll 

The European Central Bank will raise interest rates on September 10 for the second and final time in what would be its shortest hiking campaign in 15

Business|Economy|Finance|World

Analysts raise Canadian dollar forecasts, expecting trade tensions to ultimately fade: Reuters Poll

Canada's dollar will edge lower in coming months before notching moderate gains in a year if a resolution is reached in the trade conflict with the United

Economy|Europe|Political

ECB's Schnabel may leave early for IMF job, Handelsblatt reports

European Central Bank board member Isabel Schnabel is in talks with the International Monetary Fund to take a senior role and may leave the bank before her term in Frankfurt

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S&P Global Ratings warns of risks from China's generous credit ratings 

Generous credit ratings are baking risks into China's booming bond market as Beijing attracts foreign issuers, S&P Global Ratings' Asia-Pacific ratings chief said on

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Russia can manage its growing budget deficit, Putin says

Russian President Vladimir Putin said on Thursday that the size of the budget deficit, which grew by 40% from January to July this year to

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Why India's strong GDP growth is raising eyebrows

India's unexpectedly strong economic growth has sparked a debate after an ex-bureaucrat questioned whether the expansion was overstated and a former

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With Japan tightening rules for foreign residents, some wonder if it’s time to say ‘sayonara’

With Japan tightening rules for foreign residents, some wonder if it’s time to say ‘sayonara’

Business|Economy|Europe|Finance

Euro zone overall business growth held steady in August, PMI shows

Growth in the euro zone's dominant services industry slipped to a two-month low in August though solid and broad-based demand kept overall private sector activity on an even

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UK economy gathers pace but cost pressures intensify, PMI shows

Activity in Britain's dominant services sector grew for the second month in a row in August and confidence rose, according to a survey on Thursday that also showed more

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France services activity contracts faster in August on weaker demand, PMI shows

France's services sector contracted more than expected in August, as weaker demand and extreme heat weighed on sales and inflationary pressure crept back up, a business

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German services sector downturn eases in August on stronger demand, hiring

Germany's services sector contracted marginally in August as tougher financial conditions, high costs and customer caution weighed on activity, a business survey showed on

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Swiss economy grows at fastest rate in nearly five years

The Swiss economy grew by 1.5% in the second quarter of 2026, the government said on Thursday, its fastest growth rate in nearly five years.

Economy|Technology

Taiwan proposes extra $4.6 billion in defence spending for this year

Taiwan's cabinet on Thursday proposed an additional T$145.7 billion ($4.59 billion) in defence spending for this year for systems including drones and anti-ballistic

Business|Economy

Kenya private sector activity slows in August, PMI shows

Kenya's private sector activity contracted for the first time in three months in August, as supply constraints and cost pressures led companies to reduce output and

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Oil prices hit fresh 6-week highs on renewed Middle East tensions

Oil prices hit fresh six-week highs on Thursday after new U.S. strikes on Iran and renewed Israeli threats against Tehran heightened concerns about

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European stocks recover from one-month lows as bond yields retreat

European stocks rose on Thursday after three straight sessions of losses, as a global bond selloff eased and investors looked

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Ukraine's drone attacks caused turmoil for Russians throughout summer

Russians have experienced a summer of turmoil because of the war in Ukraine

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Italy weighs the results as Giorgia Meloni’s government sets a longevity record

Premier Giorgia Meloni’s conservative administration became Italy’s longest-serving uninterrupted government since World War II at 1,413 days on Thursday

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South African private sector activity expands slightly in August, PMI shows

South African private sector activity expanded slightly in August as higher new orders supported output and purchasing, a business survey showed on Thursday.

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Chinese e-commerce moves to next phase after delivery price war changes shopping habits

China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics,

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Beijing accuses Pacific forum host Palau of 'hype' over its missile test

Beijing has accused Palau of "hype" over its Pacific missile test, after the host of the regional Pacific Islands Forum on Thursday urged the group to

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VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO

Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast, the country's largest carmaker, plans to

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India's services growth picks up in August but stays near four-year low, PMI shows

India's dominant services sector accelerated slightly in August but persistently subdued new business kept overall activity near its weakest in more than four years, a

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Bonds breathe sigh of relief

A look at the day ahead in European and global markets from Rocky Swift Battered bond markets licked their wounds on Thursday, with yields in the U.S. and Japan edging lower, but little has changed to

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Hundreds of thousands of eligible kids are waiting for childcare assistance

Childcare costs are straining families

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Trump signs bill to avert government shutdown before midterm elections

U.S.

Business|Economy

China services activity quickens on stronger domestic demand, private PMI shows

China's services activity expanded at a faster pace in August, a private-sector survey showed on Thursday, with stronger domestic demand helping firms add staff for a

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Chinese official hails prospect for cooperation with Russia in far east

China's Vice Premier Ding Xuexiang told Russian President Vladimir Putin that prospects were "broad and promising" to strengthen cooperation on development in the far east,

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Xi visits Egypt as China seeks deeper influence across the Mideast

China’s President Xi Jinping visits Egypt this week for the first time in a decade

Economy|Election|Political

Trump promises to campaign for Republicans and says they have a winning midterm message

President Donald Trump is urging Republican lawmakers to run on his White House record despite his sagging popularity

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IMF's Georgieva says rising bond yields threaten progress on developing country debt

Ballooning debt and rising bond yields in advanced economies are threatening to undo developing and low-income countries' progress in

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Australia raises capital requirements for ING's local unit after overstating liquidity position

Australia's prudential regulator said on Thursday that it set license conditions for ING's local unit, requiring the bank to hold more liquidity and capital after it overstated its

Economy|Education|Environment|Health|Science

From hunger to obesity: Developing world faces growing threat to child health

Intan Permatasari's mother simply couldn't refuse her daughter's pleas for food.

Business|Economy

Japan services growth hits five-month high, PMI shows

Japan's services sector expanded at its fastest pace in five months in August, as stronger domestic demand lifted business activity and new work, a private survey showed on

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US Justice Department expands beef price probe to eight retailers

The U.S.

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Olympus-backed Accelevation files for US IPO

Olympus-backed data center infrastructure firm Accelevation filed for a U.S. initial public offering on Wednesday, seeking to tap into the investor demand for companies serving the

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60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz

60 targets struck, 18M barrels of oil protected: The US military’s record day in the Strait of Hormuz

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Pet food platform Golden Pet Brands taps banks for IPO, sources say

Golden Pet Brands, which owns Dr.

Business|Economy|Technology

Snowflake lifts annual revenue forecast on cloud and AI demand, shares soar

Snowflake on Wednesday beat Wall Street estimates for quarterly results and raised its full-year product revenue forecast as demand rises for its cloud data platform

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Elliott builds stake in Deutsche Telekom, source says

Elliott Investment Management has built a stake in Deutsche Telekom, a person with knowledge of the matter said on Wednesday.

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HPE raises forecasts on AI demand, shares fall on supply concerns

Hewlett Packard Enterprise raised its annual forecasts on Wednesday after reporting quarterly results that beat Wall Street expectations, as surging AI-related demand

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Hershey names insider Dave Hulays as CFO

Hershey on Wednesday named insider and industry veteran Dave Hulays as its finance chief, as the Reese's chocolates maker navigates a tough macroeconomic environment while

Business|Economy

The Latest: Chevron expanding in Venezuela as Trump deal claims more oil reserves

Oil giant Chevron is expanding its operations in Venezuela as some details emerge about President Donald Trump's separate deal for a U.S.-controlled joint venture to develop more of the nation's proven reserves

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Police chief fired amid controversy in aftermath of child's shooting in a small Mississippi city

Leaders of a Mississippi city where police shot and killed a 1-year-old Black child in June have unanimously voted to fire its police chief amid a new controversy

Business|Economy|Finance|Stock Markets|World

Wall Street rises as tech stocks climb and oil prices, bond yields hold relatively steady

Stocks rose on Wall Street as gains by big technology companies and relatively steady oil prices and bond yields helped boost the market after a downbeat start to the week

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Former Baltimore County soccer coach indicted on more counts of child sexual abuse

Former Baltimore County soccer coach indicted on more counts of child sexual abuse

Business|Economy|Finance|Stock Markets|Technology

Waymo taps Pimco, Blackstone to raise $3 billion debt, Bloomberg News reports

Alphabet's Waymo is in the final stages of talks to raise debt for the first time, seeking more than $3 billion from lenders including Pacific Investment Management and Blackstone,

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Private equity firms Carlyle, Bain, Oaktree readying bids for Serie A international media unit, sources say

Carlyle and Bain are among private equity funds preparing to bid for a minority stake in a company holding the international media rights of Serie A, three

Business|Economy|Finance

Fed survey shows economic activity edged up, prices rose moderately in recent weeks

U.S. economic activity increased modestly, employment rose slightly and prices increased moderately in recent weeks, according to a mixed report published on Wednesday

Arts|Business|Economy|Environment

Yosemite, again in corporate crosshairs, embodies the long war over US national park privatization

Debate over turning public national park land into private profit dates back more than a century.

Arts|Economy|Europe|MidEast|World

US-Iran strikes raise fears of renewed war across the Middle East

Fears of renewed escalation gripped the Middle East on Wednesday after the United States and Iran exchanged their biggest barrage

Business|Economy|Finance|MidEast|Stock Markets

Wall St ends higher as stocks reclaim some shine

Wall Street advanced on Wednesday, notching a partial rebound from a three-day losing streak as investors searched for deals among stocks

Arts|Business|Economy|Finance|Technology

Boeing paid $3.1 million fine to FAA over widespread safety violations

Boeing paid a $3.1 million fine to the U.S.

Business|Economy|Europe|Finance

DIW raises German economic growth forecasts as exports beat expectations

The German Institute for Economic Research, DIW Berlin, sharply raised its growth forecasts for Europe's largest economy on Wednesday,

Business|Economy|Science|Technology

Trump administration backs OpenAI in New York Times' copyright case over training of chatbots

The Trump administration is backing OpenAI over the New York Times in a closely watched case over how it builds its AI technology using millions of news articles

Business|Economy|Travel

American Airlines boosts premium seating on 777 jets as carriers chase higher-spending travelers

American Airlines is adding more premium seats to its Boeing 777-300ER planes used on long-haul routes as U.S. carriers increasingly chase higher-

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Democratic US senator asks Capital One for details on Trump account anti-money laundering review

A Democratic U.S. senator has pressed Capital One Financial for details about an internal anti-money-laundering review that the bank said last month led it

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17,000 SF residents facing SNAP cuts: Here's how city's new job program could save their benefits

17,000 SF residents facing SNAP cuts: Here's how city's new job program could save their benefits

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New Jersey takes fight over Kalshi's prediction market to US Supreme Court

New Jersey authorities on Wednesday asked the U.S.

Business|Economy|Political

India's GDP revisions reflect new data and methodology, statistics secretary says

India's statistics secretary defended the country's latest 7.8% growth estimate and large revisions to recent GDP data, saying the changes reflected the

Arts|Economy|Environment

Yen gains sharply, dollar eases from two-week high

The Japanese yen gained sharply against the U.S. dollar on Wednesday after having retraced approximately half of the increases made following a rare joint

Asia|Business|Economy|Finance|Stock Markets|World

Stocks climb and US yields ease; yen jumps against dollar

Stock indexes mostly rose on Wednesday after three days of declines as investors watched for new developments in the U.S.-Iran conflict, while the

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Lula's lead over Flavio Bolsonaro narrows ahead of Brazil election, Quaest poll shows

Brazilian President Luiz Inacio Lula da Silva's lead over right-wing challenger Senator Flavio Bolsonaro narrowed further ahead of October's election, a Quaest poll

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Rise in US factory orders beats expectations in July

New orders for U.S. factory goods increased more than expected in July amid a rebound in demand for aircraft.

Arts|Economy|Europe|MidEast

Ethiopian Airlines nears Boeing cargo plane order, sources say

Ethiopian Airlines is nearing a deal to buy up to 10 long-haul Boeing freighters as plans edge forward for a

Business|Economy|Finance

Fed's Williams ties rising bond yields to strong economy, CNBC reports

By Michael S.

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US private credit firms mark down more loans

U.S. private-credit portfolio values showed signs of stabilising in the second quarter after a broad deterioration early in the year,

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S&P 500, Dow post slim gains at open as Iran tensions clash with AI optimism

The benchmark S&P 500 and the blue-chip Dow indexes opened marginally higher on Wednesday, as investors weighed renewed U.S.-Iran clashes against signs of strength in the AI trade.

Business|Economy|Finance|US

US private payroll growth slows in August; factory orders rebound in July

U.S. private payrolls increased less than expected in August as strength in the education and health services sector was offset by job losses in manufacturing and a few

Arts|Business|Economy|Finance

Mexico presses US on auto, steel tariffs in meeting with Lutnick

Mexican Economy Minister Marcelo Ebrard met U.S.

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Jack Daniel's maker flags soft alcohol demand for year, sees no respite in Canada

Jack Daniel's maker Brown-Forman said on Wednesday alcohol demand, especially in developed markets, is likely to remain under pressure this year, while renewed

Business|Economy|Finance|Technology

Uber to lay off 10% of staff in biggest cuts since COVID

Uber Technologies will lay off about 3,300 employees, or 10% of staff, in its largest cuts since the COVID-19 pandemic, to better navigate the rise of robotaxis

Business|Economy|Finance

Bank of Canada holds key rate, says multiple hikes might be needed

The Bank of Canada kept its key policy rate on hold at 2.25% on Wednesday, as widely expected, but Governor Tiff Macklem said

Business|Economy|Finance|Stock Markets

US 10-year yield touches highest level since 2023

US 10-year yield touches highest level since 2023

Business|Economy|Finance

Dutch central bank shifts billions in gold to London in 'crisis preparedness' move

The Dutch central bank has moved billions of dollars worth of its gold reserves from North America to London

Business|Economy|Environment|Finance

PG&E launches review, defers $2 billion in spending after wildfire bill setback

California utility PG&E said on Wednesday it will defer about $2 billion in spending for next year and launched a strategic review, after an

Business|Economy|Finance

KKR to acquire A1 Garage Door Service for around $2 billion, sources say

Investment firm KKR & Co has agreed to buy residential garage door repair and replacement company A1 Garage Door Service for around $2 billion,

Business|Economy|Finance

China never deliberately pursues trade surplus, central bank governor says

China never deliberately pursues a trade surplus and insists on expanding domestic demand and maintaining a high level of opening up to the world, its central bank governor

Economy|Environment|Science|Technology

Blackout risk rises as heat wave stresses largest US electric grids

The risk of power outages is expected to escalate across a broad swath of the United States on Wednesday as intense heat will test the capacity of electricity

Business|Economy|Finance|Stock Markets|US

Rising Treasury yields could rattle US stocks as earnings season ends

U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street's record-setting rally, with particular

Arts|Economy|Finance|Technology

Bull or bear market? AI spurs rethink of traditional market measures

Everyone knows Wall Street calls a 20% drop in a major index a bear market.

Arts|Economy|Europe|MidEast

Ships adopt makeshift anti-drone defences as Black Sea attacks intensify

Tankers and cargo ships are transiting the Bosphorus strait adorned with nets, water tanks and tyres to try to fend off growing Russian and Ukrainian

Arts|Economy|Travel|World

From street names to supply chains, Canadians pull away from US as rift grows

For more than 20 years, Diane Hosker has lived on Trump Avenue in Ottawa’s leafy west end, a neighborhood with New York-themed street names including Central

Americas|Arts|Business|Economy|Environment|Europe|Finance|Interview|MidEast|Stock Markets|US|Videos

Chevron pledges to double its Venezuelan oil production

Chevron pledges to double its Venezuelan oil production

Arts|Business|Economy|Finance|Technology

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

Here’s another place the AI frenzy is making itself felt: the market for luxury homes

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

Toyota RAV4 vs. Hyundai Tucson, an Edmunds plug-in hybrid SUV comparison

If you’re looking to reduce your gas bills but buying an electric vehicle just isn’t for you, the 2026 Hyundai Tucson Plug-in Hybrid or 2026 Toyota RAV4 Plug-in Hybrid might be a smart solution

Economy|Political|Sports

Hegseth’s culture war fixation disrupting Army progress, sources say

Hegseth’s culture war fixation disrupting Army progress, sources say

Business|Economy|Environment|Finance|Technology

Tesla's China-made EV sales extend growth streak, but momentum fades

Tesla's China-made electric vehicle sales slowed to a gain of 3.6% year-on-year in August, down sharply from the prior month, as divergent trends persisted across the U.S.

Economy|Political|US

Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs rise

Donald Trump returned to the White House promising to get the United States' financial house in order by slashing the scope of the federal government,

Business|Economy|Finance|World

Warsh's Jackson Hole encore may put Trump's inflation record under a microscope

After opening the door to higher interest rates last week, U.S.

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Once symbols of war on Islamic State, Kurdish women fighters seek role in new Syria

Female Kurdish fighters who became global symbols of the fight against Islamic State are negotiating with Syria's new authorities to retain a

Business|Economy|Europe|Finance|MidEast|Stock Markets

Bond selloff deepens as oil prices and public debt fears jolt markets

Bond prices continued to slide in Asia and Europe on Wednesday, pushing borrowing costs to multi-

Business|Economy|Science|Technology

Berkshire CEO Abel says AI to help power growth

Berkshire Hathaway CEO Greg Abel said on Wednesday he sees significant opportunities for the conglomerate from the buildout of AI data centers, after

Arts|Economy|Education

Georgia college graduate's degree withheld by New York university over health insurance charge

Georgia college graduate's degree withheld by New York university over health insurance charge

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EU struggles to find an effective response after Germany blames Russia for a failed drone attack

The European Union is grappling with how to respond to an attempted drone attack at a German airport blamed on Russia

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EU's Kallas says Leipzig attack had hallmarks of state-sponsored terrorism

The attempted attack in Leipzig had all the hallmarks of state-sponsored terrorism, the European Union's foreign policy chief

Economy|Europe|Political

Germany approves tax cuts for families, partly funded by top earners

Germany's cabinet approved tax cuts worth about €10 billion ($11.6 billion) on Wednesday aimed at boosting disposable income for low- and middle-income

Business|Economy|Finance|Stock Markets

How Japan's bond rout is turning the tide of global capital

With benchmark Japanese bond yields breaking through a three-decade-old barrier, higher returns are starting to tease capital home,