London
17 °C
Manchester
16 °C
Glasgow
Dublin
Belfast
14 °C
Washington
30 °C
Denver
32 °C
Atlanta
Dallas
Houston Texas
New Orleans
El Paso
38 °C
Phoenix
Los Angeles
29 °C
28 °C
9 °C
Featured
Last news
General Motors lifts 2023 forecast after strong Q1 results
General Motors raised key 2023 profit projections Tuesday following a solid first quarter in which strong results in North America compensated for declines in other regions.
Santander profits up despite windfall tax on banks
Spanish banking giant Santander saw its first quarter net profits rise thanks to strong business activity that offset a windfall tax imposed by Spain's leftwing government, results showed Tuesday.
Hong Kong shares drop sharply on major losses in Chinese firms
Hong Kong shares fell sharply on Tuesday on the back of major losses in Chinese firms, as a lack of clear direction ahead of key announcements this week presented a challenge for global investors.
Nestle sales grow on back of price increases
Swiss food group Nestle on Tuesday reported better-than-expected sales in the first three months of the year, helped by price increases to offset inflation and demand for its staple products.
UBS hopes to complete Credit Suisse takeover before July
UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse in the second quarter, as the bank posted an underwhelming first quarter net profit of $1.0 billion.
Good vibrations: Thai party makes sex toy election pledge
A conservative Thai political party is seeking to woo voters ahead of next month's general election with a pledge to legalise sex toys, pointing to the fiscal -- and frisky -- benefits.
UBS posts $1.0 bn Q1 net profit, Credit Suisse takeover completion set for Q2
UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse in the second quarter, as the bank posted an underwhelming first quarter net profit of $1.0 billion.
Asian stocks mostly down after mixed session on Wall Street
Asian stocks were mostly down on Tuesday following a mixed session on Wall Street, with investors still casting about for direction at the start of a week of major announcements.
Investors look for strength in UBS results
UBS is expected to post solid first quarter results Tuesday, with all eyes on whether the bank is strong enough to carry through its forced alliance with stricken rival Credit Suisse.
Netflix to invest $2.5 bn in South Korean content
Netflix will invest $2.5 billion in South Korean content over the next four years, the streaming giant's CEO Ted Sarandos announced after meeting with the country's President Yoon Suk Yeol in Washington.
Canadians flock to food banks as grocery prices soar
Hundreds of thousands of people stream in each month to the Daily Bread Food Bank in Toronto, its chief executive says, as galloping inflation continues to squeeze Canadians' grocery budgets.
Brazil Indigenous leader awarded for fight against mining
Alessandra Korap Munduruku first turned to activism as she watched advancing agriculture devastate her Indigenous territory in Brazil, but it was her battle to drive out mining giant Anglo American that landed her in the spotlight.
Tucker Carlson: The voice of white America's outrage falls silent
In the world of Tucker Carlson's hit TV show, America was under assault -- by Democrats, by health authorities, by Black Lives Matter protests -- and white conservatives were in a fight for their very survival.
Barcelona raise 1.45 bn euros for Camp Nou rebuild
Barcelona said on Monday they had secured 1.45 billion euros ($1.6 billion) in funding for a redevelopment plan and would start the renovation of the Camp Nou stadium on June 1.
Cannes adds controversial French film to line-up
A new French film was added to the Cannes Film Festival line-up on Monday despite reports of inappropriate behaviour on set, including the use of a child in a sex scene.
France refuses to halt Indian Ocean migrant expulsions
France on Monday refused to halt a controversial planned operation to expel migrants from its Indian Ocean island territory of Mayotte, despite opposition from the neighbouring Comoros and clashes between locals and security forces sent by Paris.
India to pass China this week as world's most populous nation: UN
India will overtake China as the world's most populous country in the coming week, hitting almost 1.43 billion people, the United Nations said Monday.
Sunak seeks to boost UK business links amid crisis
British Prime Minister Rishi Sunak sought to repair the government's tarnished economic record Monday, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry.
CEO of Germany's Thyssenkrupp to step down, shares hit
Thyssenkrupp's chief executive Martina Merz is stepping aside early, the German industrial giant said Monday, in a surprise announcement that sent the company's shares into a nosedive.
Top Indian wrestlers demand arrest of ex-federation chief
Top Indian wrestlers, including Olympians and Commonwealth Games champions, were on the streets of New Delhi on Monday to demand the arrest of the sport's former federation chief over allegations of sexual harassment and intimidation.
Sunak seeks to boost business links amid crisis
British Prime Minister Rishi Sunak sought to repair the government's tarnished economic record Monday, reaching out to the business community rocked by a scandal engulfing the Confederation of British Industry.
Over $68 bn withdrawn from Credit Suisse ahead of UBS takeover
Tens of billions were withdrawn from Credit Suisse in the first three months of 2023, but its profit swelled as the bank's high-risk debts were wiped out in an emergency takeover by UBS.
Europe opens down, Asian stocks mixed ahead of tech earnings results
European stocks opened down on Monday and Asian trade was mixed, with investors mostly treading water ahead of key data releases this week, including earnings results from US tech behemoths.
China approves coal power surge despite emissions pledge: Greenpeace
China has approved a major surge in coal power so far this year, prioritising energy supply over its pledge to reduce emissions from fossil fuels, Greenpeace said Monday.
Learning a language for loss: Uyghur school in US offers link to homeland
At a weekend school in the US state of Virginia, language classes serve a dual purpose for young Uyghurs -- cultural preservation, and access to vocabulary to discuss the plight of relatives in China.
Giant SpaceX rocket leaves crater, serious damage at Texas base
Flying chunks of concrete, twisted metal sheets, craters blasted deep into the ground: the thunderous power of SpaceX's first test flight of Starship -- the biggest and most powerful rocket ever built -- inflicted serious damage on its Texas launch site.
'Super Mario' fights off 'Evil Dead' to stay on top in N.America
"The Super Mario Bros. Movie" did an impressive $58.2 million in ticket sales in North American movie theaters this weekend, easily fending off two new challengers, estimates showed Sunday.
US retailer Bed Bath & Beyond files for bankruptcy
Bed Bath & Beyond filed for bankruptcy Sunday, cementing a years-long decline that saw losses surpass a billion dollars annually as the US retailer struggled to adapt to an uncertain economy and the dominance of online shopping.
UK Labour suspends prominent MP over racism letter
The UK's main opposition Labour party suspended prominent member Diane Abbott as an MP on Sunday, pending an investigation into comments she made that Jewish people were not subject to racism "all their lives".
Manufacturers hope for AI boost in factories
Manufacturers are hoping for the artificial intelligence revolution to reach their factories, envisaging robots being used to repair complex machinery.
Signs of hope for China property market, but boom is over: analysts
Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term.
Investors hope for answers in Credit Suisse, UBS results
When Credit Suisse's unveils what are likely its final quarterly results Monday, investors will be seeking clues to the magnitude of the challenges awaiting UBS, after it was strongarmed into taking over its stricken rival.