Business

desk search
close
Latest News
arrow2

Business
ACCRA: Ghana’s president-elect, John Dramani Mahama (center), addresses his supporters after the Electoral Commission of Ghana pronounced him as the winner of the 2024 presidential elections, in Accra.- AFP

Ghana ‘will not quit IMF deal but wants changes’

ACCRA: Ghana’s President-elect John Dramani Mahama has said he will not abandon the country’s $3 billion rescue package with the International Monetary Fund, but wants to review the deal to tackl...
LYON: A photo shows containers being loading and unloading onto barges on the Rhone at the Edouard Herriot Port in Lyon, eastern France. A new French cargo fret shipowner CMA-CGM is established in the port of Lyon. - AFP

Credit ratings agency hands France surprise downgrade

DUISBURG: An aerial view shows the blast furnace of German industrial conglomerate Thyssenkrupp Steel Europe AG in Duisburg, western Germany. German industrial giant Thyssenkrupp said it planned to cut around 5,000 jobs at its steel subsidiary by 2030 and outsource a further 6,000 as it looks to put the crisis-hit division on a stable footing. - AFP

German central bank cuts growth forecasts as headwinds intensify

WASHINGTON: Produce is seen for sale at an Amazon Fresh grocery store in Federal Way, Washington. AFP

US Congress races to avert Christmas govt shutdown

NEW YORK: OpenAI CEO Sam Altman visits ‘Making Money With Charles Payne’ at Fox Business Network Studios in New York City. - AFP

Schools targeted with AI learning applications despite experts’ doubts

BARCELONA: Visitors walk past the US global management consulting firm, McKinsey & Company, at the Mobile World Congress (MWC), the telecom industry’s biggest annual gathering, in this file photo. - AFP

McKinsey to pay $650m to settle case on opioids

LONDON: Farmers drive tractors down Whitehall during a stop “the death of British Farming” demonstration, to protest against changes to inheritance tax rules for land ownership for farmers, in Whitehall, central London, on December 11, 2024. – AFP

British farmers stage tractor protest over new inheritance tax

A logo of US company Meta is displayed during the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris. Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled on December 12, 2024, threatening to tax them if they refuse to strike deals with local media. – AFP

Australia to force tech titans to pay for news

BUTLER, Pennsylvania: Tesla and SpaceX CEO Elon Musk jumps on stage as he joins former US President and Republican presidential candidate Donald Trump during a campaign rally at the site of the former president's first assassination attempt in this Oct 5, 2024 photo.  - AFP

Musk net worth tops $400bn

FRANKFURT: The headquarters of the European Central Bank (ECB) is pictured in Frankfurt am Main, western Germany, on December 12, 2024, prior to the bank’s press conference on monetary policy in the euro-zone. - AFP

European stocks rise after surprise Swiss rate cut

A logo of US company Meta is displayed during the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris. Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled on December 12, 2024, threatening to tax them if they refuse to strike deals with local media. – AFP

Australia to force tech titans to pay for news

SYDNEY: Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a...
BUTLER, Pennsylvania: Tesla and SpaceX CEO Elon Musk jumps on stage as he joins former US President and Republican presidential candidate Donald Trump during a campaign rally at the site of the former president's first assassination attempt in this Oct 5, 2024 photo.  - AFP

Musk net worth tops $400bn

WASHINGTON: Tesla and SpaceX boss Elon Musk’s net worth has surpassed $400 billion, according to the Bloomberg Billionaires Index, setting a new milestone Wednesday for the world’s richest person. The jump in wealth, the business news outlet rep...
FRANKFURT: The headquarters of the European Central Bank (ECB) is pictured in Frankfurt am Main, western Germany, on December 12, 2024, prior to the bank’s press conference on monetary policy in the euro-zone. - AFP

European stocks rise after surprise Swiss rate cut

LONDON: European stock markets rose Thursday as the Swiss central bank made a bigger-than-forecast interest rate cut before euro-zone policymakers are expected to trim the bloc’s own borrowing costs again. The Swiss National Bank surprised markets...
NOVATO: Customers shop for groceries at a Costco store in Novato, California. According to a Bureau of Labor Statistics report, the consumer price index increased 0.3 percent to a 12-month inflation rate of 2.7 percent in November, 0.1 percentage point higher than October. - AFP

US consumer inflation accelerates for second straight month in Nov

WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, driven by food prices and other sectors, according to government data published Wednesday, complicating the Federal Reserve’s rate cut deliberations. The consu...
FRANKFURT: A Euro sign is seen at the visitors centre of the European Central Bank (ECB) at the central bank’s headquarters in Frankfurt am Main on December 12, 2024. - AFP

ECB cuts rates again as euro-zone hit by economic woes

FRANKFURT: The European Central Bank cut interest rates again Thursday, citing a worsening growth outlook and slowing inflation, with political turmoil in the euro-zone adding to the troubled picture. The central bank for the 20 countries that use t...
Show More
arrow
most read
1
LYON: A photo shows containers being loading and unloading onto barges on the Rhone at the Edouard Herriot Port in Lyon, eastern France. A new French cargo fret shipowner CMA-CGM is established in the port of Lyon. - AFP
Credit ratings agency hands France surprise downgrade
2
DAMASCUS: Syria's interim prime minister Mohammad Al-Bashir addresses worshippers during Friday prayers at Umayyad Mosque on Dec 13, 2024. - AFP (See Page 5)
Syria too exhausted for Zionist conflict amid Hezb warning
3
No Image
Kuwait, US reaffirm strong ties
4
SAO PAULO: Brazilian President Luiz Inacio Lula da Silva walks with his neurosurgeon Dr Marcos Stavale in the Syrian-Lebanese Hospital on Dec 13, 2024. - AFP
Lula says he’s ‘strong’ after surgery
5
Dr Hamed Al-Shaibani
Khaleeji Zain preparations complete