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Mixed day for global stocks as market hopes for 'Santa Claus rally'

European stocks bounced around Monday while US equities shook off early weakness to push higher as investors waited to see if a so-called Santa Claus rally sweeps over the market.

Trump's TikTok love raises stakes in battle over app's fate

President-elect Donald Trump's repeated support for TikTok has sparked speculation about potential solutions to prevent the app's impending ban in the United States, though the path forward remains unclear.

European, US markets wobble awaiting Santa rally

European and US stocks bounced around Monday as investors waited to see if a so-called Santa Claus rally sweeps over the market.

Volkswagen boss hails cost-cutting deal but shares fall

Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories, but the car giant's shares fell heavily on Monday.

Sweden says China blocked prosecutors' probe of ship linked to cut cables

Sweden's foreign minister said Monday that China had denied a request for prosecutors to conduct an investigation on a Chinese ship linked to two severed Baltic Sea cables despite Beijing pledging "cooperation" with regional authorities.

UK economy stagnant in third quarter in fresh setback

Britain's economy was stagnant in the third quarter, according to revised official data released Monday, dealing a fresh blow to the Labour government.

Global stock markets edge higher as US inflation eases rate fears

Global stock markets mostly edged higher on Monday as traders welcomed below-forecast US inflation data that raised hopes about the health of the world's biggest economy.

US probes China chip industry on 'anticompetitive' concerns

The United States said Monday it is opening an investigation into China's policies for its semiconductor industry, over concerns that Beijing is turning to "extensive anticompetitive and non-market means" to undermine other economies.

Mobile cinema brings Tunisians big screen experience

Like many of his fellow Tunisians, 23-year-old Amine Elhani has never been to the cinema, but now, thanks to a mobile theatre touring the country, he can finally enjoy the big screen.

Honda and Nissan to launch merger talks

Japanese auto giants Honda and Nissan on Monday agreed to launch talks on a merger seen as a bid to catch up with Chinese rivals and Tesla on electric vehicles.

Asian markets track Wall St rally as US inflation eases rate fears

Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.

Honda and Nissan expected to begin merger talks

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with Chinese rivals and Tesla on electric vehicles.

Asian markets track Wall St rally as US inflation eases rate worries

Asian markets rose Monday after big gains on Wall Street, with traders welcoming below-forecast US inflation data that tempered worries that the Federal Reserve will take a more hawkish tone with interest rates next year.

Trump vows to 'stop transgender lunacy' as a top priority

President-elect Donald Trump on Sunday pledged to "stop the transgender lunacy" on day one of his presidency, as Republicans -- set to control both chambers of Congress and the White House -- continue their push against LGBTQ rights.

Sweet smell of success for niche perfumes

They don't advertise and they are largely unknown to the general public but niche perfumes are able to command prices of hundreds of dollars from men and women seeking to stand out.

'Finally, we made it!': Ho Chi Minh City celebrates first metro

Thousands of selfie-taking Ho Chi Minh City residents crammed into train carriages Sunday as the traffic-clogged business hub celebrated the opening of its first-ever metro line after years of delays.

Tunisia women herb harvesters struggle with drought and heat

On a hillside in Tunisia's northwestern highlands, women scour a sun-scorched field for the wild herbs they rely on for their livelihoods, but droughts and rising temperatures are making it ever harder to find the precious plants.

Trump threatens to take back control of Panama Canal

Incoming US president Donald Trump on Saturday slammed what he called unfair fees for US ships passing through the Panama Canal and threatened to demand control of the waterway be returned to Washington.

Stellantis backtracks on plan to lay off 1,100 at US Jeep plant

Stellantis confirmed Saturday it was reversing a decision to lay off 1,100 workers at its Jeep plant in the US state of Ohio, following the ouster of embattled chief executive Carlos Tavares.

Biden signs funding bill to avert government shutdown

US President Joe Biden signed a funding bill Saturday, the White House said, averting a Christmastime government shutdown after negotiations in Congress went down to the wire overnight.

Sorrow and fury in German town after Christmas market attack

The German city of Magdeburg was in mourning Saturday over a car-ramming attack that brought death and carnage to its Christmas market, but the sorrow gave way to anger when the politicians showed up.

France's most powerful nuclear reactor finally comes on stream

France on Saturday connected its most powerful nuclear power reactor to the national electricity grid in what leaders hailed as a landmark moment despite years of delays and technical setbacks.

Sierra Leone student tackles toxic air pollution

In his small Freetown workshop, engineering student James Samba tinkered with batteries and electrical parts he hoped could help clean up Sierra Leone's polluting public transport system.

Amazon says US strike caused 'no disruptions'

A US strike targeting Amazon in the peak festive period extended into a second day Friday as the retail behemoth said the labor action would not affect its business.

Qualcomm scores key win in licensing dispute with Arm

A federal jury in the United States on Friday delivered a key win to mobile commputing titan Qualcomm in a licensing dispute with Arm, although proceedings between the chipmakers ended in mistrial.

US approves first drug treatment for sleep apnea

US regulators on Friday approved the first drug treatment for sleep apnea, permitting the use of a weight-loss medication for the condition that affects millions of Americans.

Amazon expects no disruptions as US strike goes into 2nd day

A US strike targeting Amazon in the peak festive period extended into a second day Friday as the retail behemoth said the labor action would not affect its business.

US confirms billions in chips funds to Samsung, Texas Instruments

President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States.

Wall Street rebounds despite US inflation ticking higher

Wall Street stocks bounced higher Friday despite data showing an uptick in inflation and a looming US government shutdown.

Argentina's dollar craze cools under greenback-loving Milei

"Dollars, selling dollars!" a money changer shouts to people streaming past in Buenos Aires' financial district.

'Dark lull' in German energy transition sparks political debate

As Germany heads for February 23 elections the grey winter weather has become a hot campaign topic because of its impact on the country's shaky green energy transition.

No longer Assad's mouthpiece, Syrian media face uncertainty

Syrian media outlets which trumpeted the glories of Bashar al-Assad's oppressive rule quickly adopted revolutionary fervour after his ouster, but uncertainty shadows the sector.

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