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Gold hits record, Wall St futures drop as US shutdown begins
Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after lawmakers failed to reach a funding deal, though most Asian and European markets edged up.
US govt shutdown begins after Congress fails to reach deal
The US government began shutting down Wednesday after lawmakers and President Donald Trump failed to break a budget impasse during acrimonious talks that hinged on Democratic demands for health care funding.
Taiwan says 'will not agree' to making 50% of its chips in US
Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff negotiator said Wednesday, as Washington pressures Taipei to produce more chips on US soil.
Gold hits record, Wall St futures drop as US heads for shutdown
Gold hit a record high and Wall Street futures fell Wednesday as the US government went into shutdown after lawmakers in Washington failed to reach a deal to keep it funded, though most Asia markets held gains.
General strike in Greece over 13-hour workday plans
Greece will grind to a halt on Wednesday in a 24-hour general strike against plans by the conservative government to introduce a 13-hour workday.
Spanish court to start hearing media case against Meta
A Spanish court will open a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media organisations against Facebook owner Meta for allegedly breaching European Union data protection rules.
Asian stocks mixed, Wall St futures drop as US heads for shutdown
Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington failed to reach a deal to avert a government shutdown.
South Korea posts record semiconductor exports in September
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite growing pressure from US tariffs and other restrictions on the crucial sector.
Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer
Saudi Electricity Company Appoints Eng. Khalid Bin Salem AlGhamdi as Chief Executive Officer
OpenAI launches Sora 2 with TikTok-style app
OpenAI on Tuesday released Sora 2, its most advanced video generation model yet, alongside a TikTok-style social app that will let users insert themselves into AI-created scenes through a feature called "cameos."
Nike shares rally on progress in turnaround
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a bigger cost hit from US tariffs.
Stars align for Louis Vuitton, Stella McCartney at Paris Fashion Week
Louis Vuitton showcased a collection of flouncy skirts and sculptural ruffles in front of a star-packed audience while Stella McCartney had war and peace on her mind for her show on day two of Paris Fashion Week on Tuesday.
Dow ends at record as US stocks shrug off shutdown risk
The Dow finished at a fresh record Tuesday as markets largely shrugged off the likelihood of a partial US government shutdown due to a stalemate on budget talks.
Board of Spain's Sabadell bank rejects improved BBVA takeover bid
The board of Spanish bank Sabadell on Tuesday rejected larger national rival BBVA's improved hostile takeover bid as 10 days remain for shareholders to make a final decision.
US stocks slip as government shutdown looms
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a possible US government shutdown.
US stocks fall as government shutdown looms
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a possible US government shutdown.
Brigitte Bardot slams Saint-Tropez after decades in jet-set port
Saint-Tropez's most famous resident, French screen siren Brigitte Bardot, has slammed the Riviera resort as a billionaires' playground where "nothing remains of what made it charming".
Spotify founder Daniel Ek to give up CEO role
Spotify co-founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two of his deputies in a leadership shake-up, the music streaming giant said Tuesday.
EU green lights Prada's bid for Versace
The EU on Tuesday cleared Italian fashion label Prada's 1.25-billion-euro ($1.5-billion) purchase of rival Versace after finding the acquisition raised no competition concerns.
Gold hits record, dollar drops as US shutdown looms
Gold prices hit another record high, the dollar dropped and stock markets traded mixed Tuesday as traders prepared for a possible US government shutdown that could disrupt the release of key economic data.
Taliban internet cut sparks Afghanistan telecoms blackout
Afghanistan faced a second day without internet and mobile phone service on Tuesday, after Taliban authorities cut the fibre optic network.
Gold hits record, stocks mixed as US shutdown looms
Gold hit another record Tuesday, while equity markets were mixed as traders prepared for a possible US government shutdown that could affect the release of key economic data, though hopes for more Federal Reserve interest rate cuts provided support.
San Siro on course for demolition after sale to Inter and AC Milan approved
One of the world's most famous stadiums is set for demolition after Milan city hall early Tuesday approved the sale of San Siro, nicknamed football's La Scala, to the city's two football giants.
Taliban impose communications blackout across Afghanistan
Afghanistan faced a second day without internet and mobile phone service on Tuesday, after Taliban authorities cut the fibre optic network.
US tariffs on lumber imports set for October 14
US President Donald Trump on Monday set a slate of tariffs for lumber imports to go into effect October 14.
Stocks rise, gold hits record as rate cuts and shutdown loom
Equities rallied for a second day and gold hit another record Tuesday on growing Federal Reserve interest rate optimism, though traders were preparing for a possible US government shutdown that could affect the release of key economic data.
Taliban shut down communications across Afghanistan
Taliban authorities on Monday imposed a nationwide shutdown of communications, weeks after they began severing fibre optic connections to prevent "vice".
Electronic Arts to be bought by Saudi-led consortium for $55 bn
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 billion by a consortium led by Saudi Arabia's Public Investment Fund.
Stock markets shrug off US government shutdown fears
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown.
TotalEnergies to boost output, cut $7.5 bn in costs
French group TotalEnergies on Monday announced plans to increase oil, gas and electricity production while cutting spending by $7.5 billion between 2026-2030.
Stock markets shrug off looming US government shutdown
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown.
Jaguar Land Rover to partly resume output after cyberattack
Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack halted operations at its UK factories.