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The European Central Bank on Thursday held interest rates steady despite rising inflation fuelled by the Iran war energy shock, just hours after President Christine Lagarde announced she would step down early.
The United States posted strong economic growth in the third quarter, but the Fed's preferred inflation gauge also accelerated, the Commerce Department said on Thursday, in a mixed economic bag for US President Donald Trump ahead of key midterm polls next week.
European Central Bank President Christine Lagarde will step down in February, months before her term ends, officials said Thursday, kicking off a race to succeed her against a turbulent backdrop in the eurozone and further afield.
High-flying businessman Geoffroy Roux de Bezieux was on Thursday unveiled as the new head of the organising committee of the 2030 Winter Olympics in the French Alps.
German carmaker Volkswagen said Thursday that it needed to redouble cost-cutting efforts after its quarterly loss deepened to 5.8 billion euros ($6.5 billion) amid intense Chinese competition.
Stock markets diverged Thursday as investors weighed a fresh batch of corporate earnings against growing concerns over whether the global technology boom can be sustained.
Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle East war pushed up hydrocarbon prices -- and the cost of living around the world.
French oil and gas giant TotalEnergies said Thursday that its net profit hit a new record in the third quarter as the war in the Middle East pushed up hydrocarbon prices.
Pakistan briefly closed its airspace to Taiwanese cargo and passenger flights, Taiwan said on Thursday, suspecting China of being behind the unprecedented move.
Opium poppy cultivation in Afghanistan more than quadrupled in 2026 despite a Taliban government ban, the United Nations said Thursday, urging that impoverished farmers needed alternatives to the lucrative crop.
Appointment Adds Hyperscale AI Infrastructure Expertise as Aehr Expands in Semiconductor Test and Burn-In Markets
The US Federal Reserve on Wednesday held interest rates steady, even as its Chairman Kevin Warsh said inflation remained "too high" but insisted that politics played no part in the central bank's decision not to continue raising rates days before crucial midterm elections.
Dolores Huerta, the US labor leader and civil rights icon whose union work changed the lives of migrant workers, has died, her family said Wednesday. She was 96.
European aircraft manufacturer Airbus said Wednesday its third quarter revenues dipped as it finished fewer planes, but insisted it would still deliver a record number this year.
The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue.
Faced with a widespread boycott in China following the controversy sparked by Kylian Mbappe's comments about Mao Zedong, Real Madrid added its own apology on Tuesday.
US labor leader and civil rights campaigner Dolores Huerta, whose union work with Cesar Chavez changed the lives of migrant workers, has died, her family said. She was 96.
Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in Cambodia after the company ran out of money -- but passengers told AFP on Wednesday they had no regrets.
For the French aerospace company Safran the future runs through a century-old factory in Britain where it aims to manufacture mechanisms key for the folding wings that will enable the next-generation of Airbus planes to meet ambitious fuel reduction targets.
Canada's central bank raised its key interest rate to 2.5 percent Wednesday, as it tries to prevent an oil price surge caused by the Iran war from sparking broader inflation.
The World Bank on Wednesday warned that global commodity prices were set to increase by 23 percent by the end of 2026, with energy prices at four-year highs due to the war on Iran and food prices driven up by global conflicts and El Nino.
He has been behind some of Nintendo's biggest hits, but producer Eiji Aonuma still feels "nervous" as he awaits players' reactions to the new Zelda video game, "Ocarina of Time" out November 5.
Shares in India's Jio Platforms surged nearly 27 percent on its market debut Wednesday, after raising more than $3 billion in the country's biggest initial public offering.
Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in a Cambodian port after the company ran out of money, an official said on Wednesday.
A little boy balanced a large bottle of water on his shoulder as he returned from a communal tap near land acquired by a major data centre developer in South Africa's water-scarce city of Cape Town.
Shares in India's Jio Platforms surged more than 21 percent on its market debut Wednesday, after raising more than $3 billion in the country's biggest initial public offering.
Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.
Christine, a retired widow in Arizona, placed food staples in her cart at a charity food distribution event -- as she's had to do monthly since the Trump administration slashed federal food assistance programs.
The US Federal Reserve will announce a decision on setting interest rates on Wednesday, with markets expecting the central bank to hold steady days ahead of crucial midterm elections, despite surging inflation.
South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artificial intelligence industry's explosive demand for its advanced memory chips.
King Charles III began a Caribbean tour in the Bahamas Tuesday where he acknowledged "the great suffering of the past" in the face of pressure to apologize for the slave trade.
Paris department store BHV Marais, which courted controversy last year with a partnership with Asian fast-fashion giant Shein, said Tuesday it had sought bankruptcy protection to protect its operations and jobs.