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Swiss central bank announces big rate cut to boost economy
The Swiss central bank announced an unexpectedly large interest-rate cut on Thursday, citing rising "uncertainty" about the economic outlook due to the potential impact of Donald Trump's policies and political turmoil in Europe.
European stocks rise after surprise Swiss rate cut
European stock markets rose Thursday as the Swiss central bank made a bigger-than-forecast interest rate cut before eurozone policymakers are expected to trim the bloc's own borrowing costs again.
Russians suffer rising costs of Ukraine conflict
In the small town of Dedovsk, just outside Moscow, pensioner Zinaida Kudriavtseva is struggling to pay the bills.
'Taste of love': Donkey milk cheese meets success in Albania
"Donkey milk has the taste of love," said Fatiko Basha as she caressed her favourite, Liza, before collecting the animal's milk. It also makes what is reputed to be one of the most expensive cheeses in the world.
Fears for the future as drug deaths among young Finns soar
At a popular meeting spot for substance abusers near central Helsinki, even the addicts warn that Finland has a spiralling drug problem, particularly among young people.
Asian markets rise after Wall St record; eyes on China
Equities mostly rose in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.
'Alarming' US mystery drones confound officials, scare locals
A rash of unexplained drone sightings in the skies above New Jersey has left locals rattled and sent US officials scrambling for answers.
Korean Air buys majority stake in rival Asiana Airlines
South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions.
Tokyo to make day care free to boost birth rate
Tokyo plans to make day care free for all preschool children starting in September, the city governor has announced as part of efforts to boost Japan's low birth rate.
Amid weak eurozone and political turmoil, ECB to cut rates again
Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.
Lithium-rich Bolivia lags behind in race to mine key metal
In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal.
Video game bosses gather at 'darkest hour' for industry
The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector's equivalent of the Oscars.
Accurate Background Appoints Mark Thompson Managing Director, Australia and APAC
Accurate Background, the world's largest independent provider of compliant background checks and monitoring solutions, announced it has strengthened its global leadership team with the appointment of Mark Thompson, Managing Director, Australia and Asia Pacific region (APAC). In support of Accurate's vision to make every hire the start of a success story, Mark will lead Accurate's growth teams in the region. Mark's experience in building high-performance teams, driving enterprise sales and client retention, and leveraging data-driven strategies aligns with Accurate's goals to rapidly expand in the APAC region. Reporting to Dan Shoemaker, Chief Revenue Officer, Mark will spearhead the development and execution of sales strategies to drive market share, client growth, and regional innovation.
FAVO Capital, Inc Closes $2 Million Bridge Raise Led by D. Boral Capital
FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions in the Private Credit Sector, today announced that it has entered into securities purchase agreements with certain investors to purchase 8,000,000 shares of common stock and warrants to purchase up to 8,000,000 shares of common stock, at a purchase price of $0.25 per share and accompanying warrant. The gross proceeds to the Company from the private placement are expected to be approximately $2.0 million before deducting the placement agent's fees and other estimated offering expenses.
Hairmosa Beauty Academy Wins Consumer Choice Award for Cosmetology and Barbering in Dallas
Consumer Choice Award (CCA) is proud to announce that Hairmosa Beauty Academy Inc. has won in the School - Cosmetology & Barbering category in Dallas. This prestigious award recognizes businesses with exceptional service, product quality, and customer satisfaction.
Atlas Sanitary Sewer Services Wins Consumer Choice Award for Drainage & Sewer Services in Regina
Consumer Choice Award (CCA) proudly announces Atlas Sanitary Sewer Services as the top provider in Regina's Drainage and Sewer Services category. This award highlights Atlas's dedication to quality, safety, and exceptional customer service.
Nasdaq surges above 20,000 after US inflation data matches estimates
American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month.
US-China officials to hold economic talks before Trump return
Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.
Stocks mostly rise as US inflation data boosts rate cut hopes
US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.
EU conservatives seek to stall 2035 combustion engine ban
The largest group in the European Parliament, the conservative EPP, joined calls Wednesday to "reverse" a ban on combustion engine vehicles starting in 2035, citing the struggles of the automotive industry.
Canada central bank makes half point rate cut to 3.25%
Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.
Google unveils latest AI model, Gemini 2.0
Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast developing technology.
US consumer inflation rises for second straight month in November
US consumer inflation ticked up for a second consecutive month in November, driven by housing and food prices among other sectors, according to government data published Wednesday, complicating the Federal Reserve's rate cut deliberations.
Stocks struggle for direction before US inflation data
Stock markets struggled for direction Wednesday as traders awaited key US inflation data with the Federal Reserve expected to cut interest rates next week.
Balkan journalists battle deluge of malicious lawsuits
Serbian journalist Radmilo Markovic has gone over every full stop and comma of an article about the powerful mayor of Belgrade that has landed him in court.
Indonesia's new coal phase-out goal sets 'daunting task'
Meeting Indonesia's pledge to phase out coal power in just 15 years and reach net-zero emissions by mid-century is a "daunting task" that will require immediate and ambitious action, experts warn.
Argentina's Milei touts US trade deal, says 'happy times' ahead
Argentine President Javier Milei promised Tuesday that inflation will soon be "little more than a bad memory" and vowed to pursue a free trade deal with the United States next year.
Asian markets mixed ahead of US inflation data, eyes on China
Markets diverged on Wednesday ahead of US inflation data that could play a key role in the Federal Reserve's interest rate decision next week, while traders were also keeping tabs on Beijing hoping for more economic support measures.
Ecuadoran workers accuse 'monster' Japanese company of exploitation
Ex-employees of a Japanese textile company in Ecuador told Tuesday of their dire living and working conditions, after the country's constitutional court ruled the firm kept its staff in a slave-like setting.
Nippon Steel slams 'inappropriate' politics in US deal
Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.
HireRoad Achieves ISO/IEC 27001:2022 Certification, Strengthening Commitment to Cyber Security
Global HR Leader Partners with CyberCX to Achieve Prestigious ISO/IEC 27001:2022 Certification, Showcasing Commitment to Advanced Cyber Security Standards
RETRANSMISSION: SOLO(TM) Micro Modular Reactor Takes Over Wall Street: At NYSE, SOLO Redefines the Future of Clean Energy with Existing, Validated, and Qualified 1MWe Nuclear Technology
Terra Innovatum Makes Global Debut Interviewing at NYSE to Introduce SOLO™: The World's First Micro Modular Nuclear Reactor Set for Commercial Launch by 2028