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Swedish authorities inspect worksite conditions at steel startup Stegra
Officials from several government agencies conducted a surprise inspection of steelmaker Stegra's construction site in northern Sweden Wednesday, following questions about the finances of the low-carbon start-up, police told AFP.
BMW boosts profitability, welcomes Nexperia signals
BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of tariffs, offering some rare good news for Germany's beleaguered auto sector.
Stocks retreat as tech bubble fears grow
Technology companies led sell-offs on stock markets Wednesday, as investors grow increasingly worried about an AI bubble following a rally that has propelled valuations to record highs.
Shein opens first permanent store amid heavy police presence
Paris authorities on Wednesday deployed riot police for the unveiling of Shein's first bricks and mortar store in the world, as controversy swirled over the Asian e-commerce giant's fast fashion and sale of childlike sex dolls online.
German factory orders up but outlook still muted
German industrial orders rose in September for the first time in five months, data showed Wednesday, but officials warned geopolitical and supply chain woes meant the outlook remains muted.
Medieval tower collapse adds to Italy's workplace toll
The deadly collapse of a medieval tower in Rome has made global headlines, but for trade unions, it is simply the latest of many workplace tragedies in Italy.
BMW boosts profitability despite China, tariff woes
German carmaker BMW on Wednesday reported a rise in profitability in the last quarter despite facing challenges from slowing Chinese sales and tariffs.
Asian markets sink as tech bubble fears grow
Tech companies led a sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
Toyota hikes profit forecasts 'despite US tariffs'
Japanese auto giant Toyota on Wednesday hiked its operating income and net profit forecasts for the current fiscal year despite the impact of US tariffs.
US Supreme Court hears challenge to Trump tariff powers
The US Supreme Court will hear arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in a landmark case that could uphold -- or upend -- the president's economic agenda.
India's Modi readies bellwether poll in poorest state
India's poorest state Bihar goes to the polls on Thursday, and for many of its 130 million people, one issue overshadows all others: money.
Green goals versus growth needs: India's climate scorecard
India is the world's most populous country, the third-biggest emitter of greenhouse gases, and remains deeply dependent on polluting coal to meet soaring energy demand.
Where things stand on China-US trade after Trump and Xi talk
China and the United States have recently agreed to lower the temperature in their spiralling trade war, bringing a precarious end to months of back-and-forth measures between the economic and technological powerhouses.
Sri Lanka targets big fish in anti-corruption push
When Sri Lanka's economy collapsed in 2022, politicians and officials were accused of brazenly stealing the island's assets.
Asian markets tumble as tech bubble fears grow
Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
Concerns at ILO over expected appointment of close Trump advisor
The expected appointment of a close Donald Trump advisory to a top post at the International Labour Organization has sparked criticism internally, with Washington owing the UN agency tens of millions in dues.
New lawsuit alleges Spotify allows streaming fraud
A new lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit megastars such as Drake at the expense of lesser-known artists.
Stocks mostly drop as tech rally fades
Global stocks mostly fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI bubble and concerns over the US interest-rate outlook.
Cement maker Lafarge on trial in France over jihadist funding
Cement conglomerate Lafarge went on trial in France Tuesday, accused of paying the Islamic State group and other jihadists protection money to build its business in war-torn Syria.
Shein vows to cooperate with France in probe over childlike sex dolls
Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.
Experts call for global panel to tackle 'inequality crisis'
Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis.
Stocks drop as tech rally fades
Stock markets fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI bubble and concerns over the US interest-rate outlook.
Nvidia, Deutsche Telekom unveil 1-bn-euro AI industrial hub
US tech giant Nvidia and Deutsche Telekom said Tuesday a one-billion-euro ($1.1 billion) industrial artificial intelligence hub will soon be launched in Germany, Europe's latest bid to catch up in the global AI race.
Stocks drop as traders assess tech rally
Stock markets fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI bubble and concerns over the US interest-rate outlook.
Spain's Telefonica shares drop on dividend cut, net loss
Shares in Spanish telecoms giant Telefonica fell sharply on Tuesday after it posted a net loss for the first nine months of the year and announced it would cut its dividend by half in 2026.
Shein vows to cooperate with France in sex doll probe
Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.
BP profit surges despite lower oil prices
British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and cost-cutting helped offset a drop in crude prices.
Shein vows to cooperate with France in childlike sex doll probe
Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.
Asian markets slip as traders eye tech rally, US rate outlook
Asian markets fell Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal Reserve officials fed uncertainty over its next interest rate move.
Asian markets swing as trades eye tech rally, US rate outlook
Asian markets fluctuated Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal Reserve officials fed uncertainty over its next interest rate move.
Mixed day for global stocks as market digests latest AI deals
Global stock markets were mixed Monday with the Nasdaq rising and the Dow retreating as traders digested major AI deals boosting the tech sector.
US Fed's Cook warns inflation to stay 'elevated' next year
A key US central bank official warned Monday that inflation would likely remain elevated in the coming year as tariffs bite, while vowing to fulfill her duties even as President Donald Trump seeks her removal.