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Featured

US unseals warrant for tanker seized off Venezuelan coast

US authorities on Friday unsealed the warrant for an oil tanker seized off the coast of Venezuela decried as "international piracy" by Caracas.

World stocks mostly slide, consolidating Fed-fuelled gains

Stock markets on both sides of the Atlantic pulled back Friday as profit-taking trimmed some of the gains seen after the Federal Reserve's interest rate cut this week.

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U.S. stock markets hover near record highs on positive earings

U.S stocks were hovering near record levels Thursday as strong earnings reports were balanced by a feeling the market's rally may have gotten ahead of itself.

Venezuela vows 'forceful' response if oil drilling begins in disputed zone

Venezuela on Thursday vowed a "forceful response" if oil drilling begins in contested waters off neighboring Guyana, as announced by US oil giant ExxonMobil this week.

Stock markets waver as investors track company earnings

Stock markets wobbled on Thursday as investors tracked a raft of company results and the outlook for interest rates.

ArcelorMittal profit falls after Kazakhstan mine disaster

Global steel giant ArcelorMittal Thursday posted a tenfold drop in net profit in 2023, taking hits from a withdrawal from Kazakhstan following a fatal mining accident and from its faltering Italian operations.

Gucci owner Kering profits slump in 'trying year'

French luxury giant Kering on Thursday reported a drop in 2023 earnings but vowed to press on with its investment strategy to put flagship brand Gucci "back on track".

Stock markets mostly advance as investors track company earnings

European and Asian stock markets mostly rose Thursday as investors tracked a raft of company results and the outlook for interest rates.

Shipping giant Maersk's profit sinks, warns of Red Sea risk

Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Yemeni rebel attacks in the Red Sea.

Pakistan votes with Khan in jail, mobile networks shut down

Millions of Pakistanis voted Thursday in an election marred by rigging allegations, with authorities suspending mobile phone services throughout the day and the country's most popular politician in jail.

Unilever profit drops as sales flatten after price hikes

British consumer goods giant Unilever on Thursday said its net profit dropped 15 percent last year to 6.5 billion euros ($7 billion) as sales flattened as the group hiked prices.

Recipe for trouble: Butter chicken battle hits Indian court

Butter chicken, one of India's most loved dishes, is at the centre of a culinary storm with two competing restaurant chains claiming to be the inventors of the lip-smacking preparation.

Most markets rise after Wall St record, Shanghai extends rally

Stocks mostly rose Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve interest rate cut.

Gucci owner Kering says profit fell 17% in 2023

French luxury giant Kering said Thursday its sales and net profit fell in 2023, warning its investment strategy will weigh on results this year as it refocuses its business around its flagship brand Gucci.

Asian markets mixed after Wall St record, Shanghai extends rally

Asian stocks were mixed Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve interest rate cut.

German libraries up defences against far-right attack

Defaced and destroyed, books torn up and political messages scrawled across their pages: the evidence of an alleged far-right vandalism spree at a city library in Berlin covers an entire table.

Pakistanis vote with Khan in jail, Sharif tipped to win

Millions of Pakistanis voted Thursday in an election marred by allegations of poll rigging, with the country's most popular politician in jail and a military-favoured candidate tipped to win.

Chinese consumer prices suffer quickest drop in 14 years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, piling pressure on the government for more aggressive moves to revive the country's battered economy.

Five killed in clashes with police in Haiti amid protests

Five agents of an environmental protection body were killed in clashes with police near the Haitian capital Wednesday, as the country is seized by violent protests calling for the ouster of Prime Minister Ariel Henry.

China consumer prices show quickest drop in 14 years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, as the country's leaders struggle to revive buying sentiment in the world's second-biggest economy.

Most Asian markets track Wall St record, Shanghai extends rally

Most Asian stocks rose Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve interest rate cut.

Economy is a gamble for Biden in election year

Anger over rising prices and wages that don't stretch far enough brought thousands of casino workers onto the streets of Las Vegas in recent months, part of a wave of labor discontent in the United States.

'I want to rest in peace': Ecuador decriminalizes euthanasia

Ecuador decriminalized euthanasia on Wednesday, becoming the second Latin American country to allow the procedure, in response to a lawsuit brought by a terminally ill patient.

US Fed officials urge patience on interest rate cuts

Two US Federal Reserve officials indicated Wednesday that the nation's central bank is on track to tackle inflation, but that it is still too soon to begin lowering interest rates.

French actor Godreche files rape complaint against famed director

French prosecutors said Wednesday they had opened an inquiry after actor Judith Godreche filed a complaint against film director Benoit Jacquot, accusing him of raping her in a relationship that began when she was 14 and he was 25 years her senior.

Ukraine calls for 'urgent' military help after fresh Russian strikes

Ukraine urged the West on Wednesday to speed up and increase deliveries of artillery shells after a "massive" new Russian missile attack on Kyiv and other regions killed at least five people and wounded more than 40.

Stock markets mixed as investors digest corporate results

Global stock markets diverged on Wednesday as investors digested a mixed bag of corporate earnings and the likelihood that the US Federal Reserve would wait longer than hoped to cut interest rates.

Brentford condemn 'vile' online racist abuse of Toney

Brentford have condemned the "vile harassment" of Ivan Toney after the England striker was the target of online racist abuse, labelling the response of social media companies "underwhelming".

US trade gap narrows in 2023 to smallest in three years

The US trade deficit narrowed in 2023 to the smallest in three years, according to government data released Wednesday, while America bought more goods from Mexico than China for the first time in about two decades.

European stock markets drop, Shanghai extends gains

European stock markets dropped on Wednesday as traders reacted to more mixed earnings and weak German data, while Shanghai extended a rally on measures aimed at supporting China's ailing economy.

Deal signed to export DR Congo copper via US-backed corridor

Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.

'Massive' Russian air attack kills at least five in Ukraine

Russia fired dozens of missiles and drones at Ukraine on Wednesday in a "massive" early morning attack that killed at least five people and injured more than 30, officials in Kyiv said.

TotalEnergies posts record annual profit at $21.4 billion

French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.

TotalEnergies reports record annual profit at $21.4 bn