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Kanye West ends Gap partnership, aims to open own boutiques
Kanye West told Gap on Thursday he was unilaterally severing his partnership with the retail brand and had plans to open his own stores.
Florida governor flies migrants to wealthy Martha's Vineyard
Florida Governor Ron DeSantis took credit Thursday for sending two planeloads of undocumented Venezuelans from Texas to wealthy Martha's Vineyard, Massachusetts, as Republicans play up immigration issues before November midterm elections.
World Bank warns recession risk rising amid higher interest rates
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates, the World Bank warned Thursday, calling on governments to help boost supply to ease the constraints behind rising prices.
TikTok adds authenticity feature that mirrors BeReal
TikTok on Thursday added an authenticity feature that has been a winner for French app BeReal, taking a page from Meta's playbook by copying a rival.
Florida flies migrants to wealthy Martha's Vineyard
Florida Governor Ron DeSantis took credit Thursday for sending two planeloads of undocumented Venezuelans to wealthy Martha's Vineyard, Massachusetts, as Republicans play up immigration issues before November mid-term elections.
UK probes Microsoft's $69 bn bid for gaming giant
Britain on Thursday announced an "in-depth investigation" into Microsoft's planned $69-billion takeover of US gaming giant Activision Blizzard, citing UK competition concerns.
Indonesia investigating Google over app store payment system
Indonesia has launched an anti-trust investigation into Google over the tech firm's insistence that its payment system be used for purchases from its app store, authorities said Thursday, accusing it of unfair business practices.
Schiphol CEO quits over Amsterdam airport chaos
Amsterdam's Schiphol airport chief executive Dick Benschop announced his resignation on Thursday following months of chaos at one of Europe's largest transport hubs, plagued by long queues and baggage handling issues.
US industrial output dips in August on drop in electricity output
A drop in electric power generation and a modest uptick in manufacturing led to a small decline in overall US industrial production in August, the Federal Reserve said Thursday.
US retail sales see surprise bounce in August
US consumers buying cars and going to restaurants and bars in August drove a surprise bounce in retail sales, even as spending on gasoline fell as prices at the pump dropped, according to government data Thursday.
Europe stocks waver after inflation-driven rout
European stock markets wavered Thursday after recent heavy losses triggered by higher-than-expected US inflation.
Poorest nations to push on compensation at climate talks
The world's poorest countries say they will insist that the UN's upcoming climate talks push ahead with proposals for a fund to compensate vulnerable nations for climate-inflicted damage.
Shell CEO to step down, hand reins to renewables chief
Shell on Thursday announced the exit of chief executive Ben van Beurden as the British oil and gas giant looks to reinvent itself under group renewables boss Wael Sawan.
Ethereum blockchain completes 'monumental' overhaul
Senior figures in the crypto world said on Thursday that one of the biggest software upgrades the sector has ever seen was completed, an overhaul of the Ethereum blockchain aimed at reducing its massive energy consumption.
Shell says CEO stepping down at end of 2022
British energy giant Shell announced Thursday that chief executive Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.
Malaysian firm makes surprise bid for Macau gaming licence
A company controlled by Malaysian tycoon and Genting chairman Lim Kok Thay has put in a bid for a casino licence in Macau, a surprise challenge to the decades-long oligopoly of the six incumbent operators.
Fuel prices jump in Kenya after subsidies cut
Fuel prices in Kenya surged to record highs on Thursday after the new government slashed subsidies, piling on misery for a population already facing deep economic hardship.
Ford unveils newest Mustang, extending gasoline-powered life
Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown Detroit that pointed to the staying power of gasoline-powered vehicles.
TikTok search results rife with misinformation: report
TikTok is serving up misinformation to users searching for news about politics, climate change, Covid-19, the war in Ukraine and more, according to a report released Wednesday.
Damaging US rail strike looms as W.House pushes for deal
The Biden administration was still working Wednesday to avoid a major strike by US freight railroad workers this weekend, which threatens to disrupt travel and supply chains two months before crucial midterm elections.
Wall Street stages recovery from previous day's rout
Wall Street stocks ended with gains Wednesday, retracing some of the losses from one day earlier driven by stronger-than-expected US inflation data that sparked fears of more Federal Reserve interest rate hikes.
California sues Amazon for allegedly thwarting lower prices
California filed a suit Wednesday accusing Amazon of using its market influence to prevent merchants from offering buyers better deals elsewhere online, in violation of state antitrust law.
Four-kilometre queue as mourners file past Queen Elizabeth's coffin
After a long and patient wait in the sun and the rain, the first members of the public filed past the casket of Queen Elizabeth II in London on Wednesday as she lay in state in the 925-year-old Westminster Hall.
Wall Street attempts recovery from previous day's rout
Wall Street stocks made modest gains Wednesday following the previous day's rout on stronger-than-expected US inflation data that sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.
Shops shut for queen's funeral but pubs to raise glass
Many retailers will shut Monday for the state funeral of Queen Elizabeth II but thousands of pubs and bars will remain open for Britons to toast the late monarch.
Smaller Detroit Auto Show kicks off ahead of Biden address
A revived Detroit Auto Show kicked off in earnest Wednesday with presentations by GM and Stellantis brands ahead of an address by President Joe Biden expected to highlight electric vehicle investments.
Royals escort queen on final journey from Buckingham Palace
To the strains of a military band, King Charles III on Wednesday led his family in procession behind Queen Elizabeth II's coffin as she left Buckingham Palace for the final time to lie in state until her funeral.
US inflation gloom casts dark shadow over markets
Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.
Stocks extend global selloff on US inflation gloom
Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.
Activism and '90s glamour on display at New York Fashion Week
Glamour on the one hand, activism on the other: designers Tory Burch and Gabriela Hearst showcased two different approaches to New York Fashion Week on Tuesday.
Crowds build to see Queen Elizabeth II lying in state
King Charles III leads a procession of the coffin of his mother Queen Elizabeth II through London on Wednesday, before hundreds of thousands of people pay their final respects.
'Majestic' Greek 'Zorba' star Irene Papas dies at 93
Greek-born actor Irene Papas, famous for her fiery appearances in the internationally acclaimed "The Guns of Navarone" and "Zorba the Greek", died Wednesday at the age of 93.
UK inflation eases from 40-year high
UK inflation has eased on lower motor fuel costs but remains close to 40-year peaks, official data showed Wednesday as the nation faces more strikes over a cost-of-living crisis.
Google handed setback as EU court upholds record fine
The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.
Lufthansa back in private hands as govt sells rescue stake
Lufthansa said Wednesday the German state had sold the stake it took in the airline as part of a rescue package at the peak of the Covid pandemic, and booked a healthy profit in the process.
Google loses appeal against record EU antitrust fine
The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.
Asian stocks slump, tracking US losses after inflation report
Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.
Foxconn strikes $19.4 bn deal to make chips in India
Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.
Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny
Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.