Business

ECB warns of ‘looming recession’ as it again hikes rates

Frankfurt, Germany | AFP | by Michelle FITZPATRICK The European Central Bank announced another jumbo interest rate hike on Thursday…

URGENT: Musk says buying Twitter to enable ‘healthy’ debate of ideas

https://youtu.be/u848IaZTjbc New York, United States | AFP | Elon Musk said Thursday he is acquiring Twitter to enable "healthy" debate…

Credit Suisse says will shed 9,000 jobs by 2025

Geneva, Switzerland | AFP | by Robin MILLARD Credit Suisse announced a string of radical measures Thursday aimed at turning…

US economy grows for first time this year in third quarter

  Washington, United States | AFP | The US economy rebounded in the third quarter, expanding for the first time…

Unilever warns high prices to continue into 2023

London, United Kingdom | AFP | British consumer group Unilever on Thursday warned that it expected prices to remain high…

N. Ireland moves closer to fresh elections over post-Brexit impasse

Belfast, United Kingdom | AFP | by Callum Paton in Belfast and Helen Rowe in London Northern Ireland on Thursday…

Profits crash at Volvo Cars on rising material costs

Stockholm, Sweden | AFP | Swedish automaker Volvo Cars on Thursday rising raw material costs and inflation drove down profits…

Ex-convict Samsung heir takes top job after pardon

  Seoul, South Korea | AFP | by Kang Jin-kyu The once-disgraced heir to the sprawling Samsung empire was on…

Euro and pound hold gains, stocks rally as rate fears ease

HONG KONG, China (AFP) -- The euro, pound and yen all held their gains against the dollar Thursday and equities…

China Covid curbs disrupt production at world’s biggest iPhone factory

  Beijing, China | AFP | Wednesday  Millions of people in China were under tight Covid restrictions on Wednesday as…

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