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US accuses TikTok of violating children's privacy
The United States in a lawsuit on Friday accused TikTok of violating children's privacy by collecting data about them without their parents' permission when they use the app.
US hiring slows markedly while unemployment highest since 2021
The US jobs market cooled much more than expected in July with unemployment reaching its highest rate since 2021, government data showed Friday, fueling calls for interest rate cuts as high levels bite.
Stocks sink over US recession fears
Stock markets tanked on Friday over fears the United States could be heading towards recession after data showed the US jobs market cooled much more than expected in July.
Gloves are off: explaining the Olympic boxing gender scandal
A scandal has engulfed the boxing at the Paris Olympics after an Algerian in the women's competition who previously failed a gender eligibility test stopped her opponent in 46 seconds.
US extends hiring cooldown while unemployment highest since 2021
The US jobs market cooled much more than expected in July with the unemployment rate reaching its highest since late 2021, government data showed Friday, paving the way towards post-pandemic interest rate cuts.
ExxonMobil profits up after Pioneer deal, Chevron earnings dip
US oil and gas giant ExxonMobil reported higher profits Friday as it pointed to the benefits of its acquisition of Pioneer Natural Resources, while earnings at rival Chevron dipped on lower refining results.
ExxonMobil profits up on higher output after Pioneer deal
US oil and gas giant ExxonMobil reported higher profits Friday on record oil and gas production following the acquisition of Pioneer Natural Resources, offsetting sharply lower downstream earnings.
The gloves are off: explaining the Olympic boxing gender scandal
A scandal has engulfed the boxing at the Paris Olympics after an Algerian woman boxer who previously failed a gender eligibility test stopped her opponent after 46 seconds.
Tokyo spearheads equities selloff on US recession fears
Tokyo tanked Friday as it led losses across Asia due to a stronger yen and expectations for more Japanese rate hikes, with equities also slammed after weak data sparked fears of a US recession and a plunge on Wall Street.
AC Milan new maternity policy includes contract renewals
AC Milan announced on Friday a new maternity policy that guarantees automatic renewals in the final season contracts of its women's team, calling it a first among Europe's elite clubs.
Tokyo plunges as equity markets track Wall St on recession fears
Tokyo tanked as it led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession.
South Africa makes opera its own at home as its stars shine abroad
South African opera has developed its own uniquely local style -- both in the make-up of its casts and its dramatic themes -- in the three decades since the end of apartheid, experts argue.
Japan sees hottest July since records began
Japan sweltered through its hottest July since records began 126 years ago, the weather agency said, as extreme heatwaves fuelled by climate change engulfed many parts of the globe.
Tokyo tanks as Asian markets track Wall St down on recession fears
Tokyo led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession.
Japan schoolkids wilt in under-insulated classrooms
Pupils are wilting in ageing school buildings in Japan because poor insulation is cancelling out the effect of air conditioning, leading to drowsy kids and testy teachers.
Intel says it will slash workforce to cut costs
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.
Amazon quarterly profit doubles as cloud business grows
Amazon reported Thursday its profit in the recently ended quarter doubled to $13.5 billion with the help of renewed momentum of its AWS cloud computing business.
British Airways parent IAG drops bid for Air Europa
Airline giant IAG, owner of Spanish airline Iberia and British Airways, said Thursday it had dropped its bid to buy Spain's Air Europa due to the "current regulatory environment".
Edinburgh Fringe play reimagines JK Rowling trans row
A new play criticising Harry Potter author J.K. Rowling's views on transgender issues comes to the Edinburgh Festival Fringe on Thursday.
Wall Street stocks rise on Meta results, US rate cut hopes
Wall Street's main indices rose Thursday as investors welcomed strong earnings by tech titan Meta and basked in economic data that favours a September cut in US interest rates.
French cabbies seek payout for lost Olympics revenue
French taxi drivers on Thursday demanded government compensation for lost revenue during the Olympic Games as traffic disruptions and fewer regular clients weigh on demand.
Maersk ups profit target by $2bn on Red Sea shipping woes
Danish shipping giant Maersk said Thursday it expects its underlying profit in 2024 to be $2 billion higher than its previous forecast as freight rates have increased amid the crisis in the Red Sea.
Bank of England cuts rate for first time since pandemic
The Bank of England on Thursday cut its main interest rate for the first time since the Covid pandemic broke out in 2020, as British inflation has retreated in recent months.
BP to develop new oil and gas fields in Iraq
Iraq signed an agreement with British energy giant British Petroleum on Thursday to develop four oil and gas fields in the northern province of Kirkuk.
Olympics tech partner Atos posts huge loss
Debt-strapped French tech giant Atos, a key Olympics partner, on Thursday posted a 1.9-billion-euro ($2.1 billion) loss for the first half of the year due to a depreciation of assets and the end of contracts in the Americas.
South Korea union pickets outside Samsung chairman's house
Leaders of a South Korean union representing tens of thousands of workers at Samsung Electronics staged a protest Thursday outside the house of the company's chairman and heir, after fresh negotiations failed.
Weak yen helps Toyota compensate for Japan problems
Toyota reported a modest rise in first-quarter net profits on Thursday as a weak yen and cost cuts helped the Japanese auto giant overcome a drop in production and sales in its home market.
Bank of England to finally cut interest rate?
The Bank of England announces its latest interest-rate decision Thursday, with analysts split on whether it will cut for the first time since the Covid pandemic after inflation's retreat.
'Low-emissions' food leaves some Paris Olympics athletes craving meat
An ambition from Paris Olympics organisers to cut the carbon footprint of catering at this year's eco-friendly Games has run into a problem: the huge appetites of meat-loving athletes.
Meta shares rise after earnings top expectations
Meta on Wednesday reported profit of $13.5 billion in the recently ended quarter, beating market expectations and causing its share price to jump.
US Fed's Powell flags cuts 'as soon as' September
The US Federal Reserve left its key lending rate unchanged again on Wednesday, but signaled that it could make its first cut as soon as September.
US Fed remains on pause and notes 'some further progress' on inflation
The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had made "some further progress" in its inflation fight.