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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.

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How ramshackle housing made Mayotte vulnerable to cyclone assault

The dismal quality of housing across Mayotte has compounded the devastating impact of Cyclone Chido on the poverty-stricken French Indian Ocean territory where hundreds, or maybe thousands, are feared dead.

Spurs fail in appeal to reduce Bentancur ban for Son comments

Tottenham's appeal to reduce Rodrigo Bentancur's seven-match ban for an alleged racist remark he made about teammate Son Heung-min has been dismissed, the Football Association said on Tuesday.

Father, stepmother of murdered UK-Pakistani girl jailed for life

A UK court on Tuesday handed life sentences to the father and stepmother of a murdered 10-year-old British-Pakistani girl who died after being subjected to a prolonged "campaign of torture" and "despicable abuse".

Stock markets mostly drop awaiting Fed policy update

Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Markets mostly down as Fed gears up for interest rate decision

Most markets fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Restoring Milan's Duomo, one statue at a time

In a workshop in the Milan suburbs, sculptor Giovanni Calderino completes his latest project -- a battered statue from the top of the Italian city's gothic cathedral, and its gleaming white replacement.

Asian markets drop as Fed gears up for interest rate decision

Most Asian markets fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Chinese casino hub Macau struggles to evolve beyond gaming

In the shadow of the Grand Lisboa, the Macau casino world-famous for its "golden lotus" design, fashion boutique owner Suzanne Leong wonders if the economic miracle that initially made her fortune has now cast her aside.

Asian markets mixed as Fed gears up for interest rate decision

Asian markets fluctuated Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

UK court to sentence father, stepmother for killing daughter

A UK court will Tuesday hand down its sentences on the father and stepmother of a British-Pakistani girl, who died from prolonged and horrific abuse in a case which shocked the UK.

ChatGPT search opens to all users in challenge to Google

OpenAI on Monday said it is making ChatGPT-powered internet search available to all users, escalating its threat to Google's dominance.

The European Union Endorses Green Energy Park as a 2025 Global Gateway Flagship Project

On 22 November 2024, the Council of the EU approved 46 Global Gateway flagship projects for 2025, endorsing Green Energy Park as a reference project for Climate and Energy.

Global stocks mostly fall, bitcoin soars to new peak

Global shares mostly retreated Monday as markets awaited a Federal Reserve interest rate decision while concerns over political battles in Europe and China's struggling economy pressured equities.

After budget row, French MPs pass 'special law' to keep show on the road

More than a week after a historic no-confidence vote brought down a prime minister unable to secure backing for an austerity budget, French lawmakers Monday unanimously passed a law to keep tax and social security machinery running.

Global stocks stall, bitcoin soars to new peak

Global shares stalled Monday ahead of an expected US interest-rate cut later this week while concerns over political battles in Europe and China's struggling economy sent other world markets lower.

Canada deputy PM quits in tariff rift with Trudeau

Canada's Deputy Prime Minister Chrystia Freeland quit Monday in a surprise move after disagreeing with Justin Trudeau over US President-elect Donald Trump's tariff threats.

Anglican Church hit by new abuse row

A senior UK bishop, who will soon take over temporarily as leader of the world's Anglicans after a sex abuse scandal, faced calls to quit on Monday over his own handling of another case.

UK approves Royal Mail takeover by Czech billionaire

Britain's centuries-old Royal Mail is set to pass into foreign ownership after the UK government Monday approved the takeover of its parent company by Czech billionaire Daniel Kretinsky's EP Group.

Spinoffs of French tycoon's media empire make market debut

Three spinoffs from French right-wing tycoon Vincent Bollore's Vivendi media empire debuted on stock markets on Monday, with mixed results as shares in the Canal+ television and film group tanked in London.

Lagarde says ECB will continue to cut interest rates

European Central Bank chief Christine Lagarde said Monday eurozone policymakers would keep cutting interest rates and warned that higher US tariffs under President-elect Donald Trump could hit growth in the bloc.

Ex-husband in French rape trial asks 'forgiveness' from family

The French man who has admitted to enlisting dozens of strangers to rape his heavily-sedated wife on Monday asked forgiveness from his family and hailed the courage of his now ex-spouse during his trial.

Equity markets struggle after more weak China data

Most markets fell on Monday after an unexpected slowdown in retail sales reinforced worries about China's economy, with the latest batch of weak data compounding the disappointment of Beijing's latest stimulus pledges.

Fiji says seven 'stable' after drinking hotel cocktails

Seven guests hospitalised after drinking cocktails in a luxury Fiji hotel -- including four Australians and an American -- are in a stable condition, the Pacific island government said Monday.

Chinese firms take on EV truck challenges

Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the lesser-watched trucking scene -- but foreign tariffs and a perceived quality gap could signal roadblocks ahead, experts warn.

Oldest Miss France clinches crown, aged 34

A 34-year-old flight attendant from the French Caribbean island of Martinique on Saturday became the oldest contestant to win the Miss France pageant.

Rare foreign-born CEO says Japan needs immigration to thrive

The Indian-born head of one of Japan's most famous snack brands has warned that the country must change its mindset and admit more immigrants to get the economy back to the glory of its boom years.

France fears heavy toll as Cyclone Chido batters Mayotte

Cyclone Chido obliterated shantytowns on the French island territory of Mayotte on Saturday, with French ministers fearing a "heavy" death toll from the destruction, which has already claimed two lives.

Founder of Spain's Mango clothing chain dies in accident

Isak Andic, the founder of Spanish clothing retailer Mango, one of Europe's largest fashion groups, with nearly 2,800 stores worldwide, died Saturday in an accident, the company said.

Olympic champions Papadakis, Hubbell to perform as same-sex ice dancers in gala

Olympic ice dancing champions Gabriella Papadakis and Madison Hubbell announced Saturday they will team up as a same-sex couple at a figure skating gala early next year.

Athletics Australia 'profoundly sorry' for alleged abuse by top coach

Athletics Australia said it was "profoundly sorry" on Saturday over allegations that celebrated pole vault coach Alex Parnov groomed, sexually harassed and inappropriately touched multiple young women in his care.

'Fighting spirit': Disabled French boxer yearns for glory

Boxer Pierre-Mickael Hugues trains in New York like any other able-bodied athlete -- but has prosthetic legs from below the knee.

McKinsey to pay $650 mn to settle US criminal case on opioids

Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, worsening a public health crisis, officials announced Friday.

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