Business

Japan dethroned: Germany claims third place as world’s largest economy

By Kyoko HASEGAWA TOKYO, Feb 15, 2024 (AFP) - Once forecast to become the world's biggest economy, Japan slipped below…

Argentina’s annual inflation soars above 250% in January

BUENOS AIRES, Feb 15, 2024 (AFP) - Argentina's monthly inflation slowed slightly in January, but the prices of key goods…

Singapore economy grew 1.1% in 2023, data shows

SINGAPORE, Feb 15, 2024 (AFP) - Singapore's economy grew less than expected last year, the government said Thursday as it…

Cisco announces it is laying off thousands of workers

SAN FRANCISCO, Feb 15, 2024 (AFP) - Cisco is cutting thousands of jobs as part of a restructuring plan, the…

Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US…

Jeff Bezos sells off $2 bn in Amazon shares

WASHINGTON, Feb 10, 2024 (AFP) - Amazon founder Jeff Bezos has sold off about $2 billion in shares of the…

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

COPENHAGEN, Feb 8, 2024 (AFP) - Shipping giant Maersk reported on Thursday a massive drop in net profit in 2023…

China consumer prices show quickest drop in 14 years

BEIJING, Feb 8, 2024 (AFP) - Chinese consumer prices fell in January at their quickest rate in more than 14…

Taiwan chip giant TSMC announces second Japan plant

TAIPEI, Feb 6, 2024 (AFP) - TSMC will build a second foundry in Japan, the semiconductor giant and its local…

Lufthansa says strike to axe up to 90% of flights

FRANKFURT, Germany, Feb 6, 2024 (AFP) - Up to 90 percent of Lufthansa's flight schedule will be cancelled Wednesday due…

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