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Gucci owner Kering's shares head toward historic fall
Gucci owner Kering headed toward its worst day ever on the Paris stock market on Wednesday after it warned that it was expecting a sharp drop in sales in the first quarter.
Argentina's battered middle class shrinking under Milei
Argentina's middle class is vanishing: with austerity cuts introduced by self-proclaimed "anarcho-capitalist" President Javier Milei, ever more people cannot afford schooling or medicine, even those holding down two jobs.
Stock markets turn hesitant before Fed, yen softens
European equity markets mostly fell Wednesday despite a bright Asian performance and fresh Wall Street records as anxious traders awaited the outcome of the Federal Reserve's interest-rate meeting.
Google hit with 250-mn-euro French fine in news copyright fight
French regulators said Wednesday they were fining Google 250 million euros ($272 million) for breaching commitments on paying media companies for reproducing their content online and for using their material for its AI chatbot without telling them.
EU agrees new caps on duty-free Ukraine farm imports
EU member states and lawmakers on Wednesday reached a deal to cap duty-free imports of a range of Ukrainian farm goods, which were allowed in the wake of Russia's invasion but have drawn fierce protests from farmers in the bloc.
Polish farmers block roads to protest Ukraine imports
Polish farmers on Wednesday staged tractor blockades on roads nationwide in their latest protest against farm imports from outside the European Union and the bloc's environmental red tape.
Russian rescuers scramble to save 13 trapped under gold mine
Russian rescuers were scrambling to save 13 workers trapped inside a giant gold mine near the Chinese border for a second day on Wednesday, as officials warned of a "difficult situation".
Chinese internet giant Tencent posts lowest annual profit since 2019
Chinese internet giant Tencent on Wednesday posted its lowest annual profit since 2019, despite slight improvements recently in China's economy and a more lenient attitude taken by regulators towards the tech sector.
UK inflation slows to lowest level in almost 2.5 years
Britain's annual inflation rate fell more than expected in February, official data showed Wednesday, fuelling speculation that the Bank of England will start cutting interest rates in the coming months.
Apple CEO in China ahead of Shanghai store opening
Apple CEO Tim Cook was on a China charm offensive Wednesday ahead of a new flagship Shanghai store opening, weeks after a report suggested the company's sales in the country slumped at the start of 2024.
Most Asian markets rise as Fed decision looms, yen softens
Asian markets mostly rose Wednesday as traders tracked another record day on Wall Street ahead of the Federal Reserve's policy meeting, while the yen further weakened a day after Japan's rare interest rate hike.
Photographer Annie Leibovitz: 'AI doesn't worry me at all'
Photographer to the stars Annie Leibovitz, inducted into the French Academy of Fine Arts on Wednesday, told AFP that AI was not a threat to her trade -- just another artistic tool.
Contentious Texas immigration law back on hold
A Texas law that would allow state police to arrest and deport migrants who cross illegally into the United States from Mexico was again placed on hold late Tuesday, the latest in an ongoing legal back-and-forth over its fate.
Asian markets mostly up with Wall St as Fed decision looms
Asian markets mostly rose Wednesday as traders tracked another record day on Wall Street, with focus squarely on the Federal Reserve's policy meeting.
Crisis-hit Playmobil eyes a Swift boost as it turns 50
As Playmobil turns 50, the German company behind the popular plastic figures is hoping that pop megastar Taylor Swift can help it shake off a slump in fortunes.
Australia hosts China FM, sees 'stability' in ties
China and Australia claimed to have stabilised long-strained relations after talks in Canberra on Wednesday, despite tensions over a high-profile prisoner, trade and China's crackdowns in Hong Kong and elsewhere remaining evident.
Asian markets swing as traders await Fed policy decision
Asian markets fluctuated Wednesday as traders struggled to track another record day on Wall Street, with focus squarely on the Federal Reserve's policy meeting.
El Salvador's 'Bitcoin Beach' cheers cryptocurrency surge
In a surf town in El Salvador nicknamed "Bitcoin Beach," shopkeeper Maria Aguirre watched with delight as the cryptocurrency -- and her investment in it -- recently soared to new all-time highs.
Finland is world's happiest country for seventh year: study
Finland remained the world's happiest country for a seventh straight year in an annual UN sponsored World Happiness Report published on Wednesday.
Microsoft hires DeepMind co-founder to lead AI unit
DeepMind co-founder Mustafa Suleyman will become the head of a newly created consumer AI unit at Microsoft, the scientist and entrepreneur said on Tuesday.
Global shares higher as Fed begins meeting and Japan hikes rates
US and European shares inched higher Tuesday as the US Federal Reserve began a policy making meeting and Japan raised interest rates for the first time in 17 years.
Renault CEO urges 'Marshall Plan' for Europe electric vehicles
The chief executive of French automaker Renault called Tuesday for a European "Marshall Plan" to accelerate the adoption of electric vehicles and reduce carbon emissions in the face of Chinese competition.
France faces high-risk vote on EU-Canada free trade deal
The French government on Thursday faces a risky vote on a controversial trade deal between the EU and Canada in the Senate where an unlikely alliance between left and right hopes to torpedo the pact.
Yen falls as Japan hikes rates but stocks mixed ahead of Fed
The yen fell and Japanese stocks rose Tuesday after the Bank of Japan raised interest rates, but shares were mixed elsewhere as investors awaited further signals from other central banks.
US Fed kicks off rate meeting with timing of cuts up for discussion
The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to hold firm on interest rates, and continue discussions about when to start cutting them.
Yen drops, stocks mixed as Japan hikes rates at last
The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years owing to elevated inflation.
Acerbi facing federation probe over alleged racist comments
The Italian Football Federation (FIGC) announced on Tuesday that it had opened an investigation into racist insults allegedly made by Inter Milan defender Francesco Acerbi.
Ben & Jerry's owner Unilever to spin off ice cream arm
British consumer goods giant Unilever announced Tuesday that it will separate its ice cream unit, whose top-selling products include Ben & Jerry's and Magnum, as a standalone business.
Yen drops, stock markets mixed as Japan hikes interest rates
The yen weakened and Tokyo stocks rose Tuesday after the Bank of Japan hiked interest rates for the first time in 17 years as it shifted away from its long-running ultra-loose monetary policy.
Bank of Japan hikes rates for first time since 2007
Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
Bank of Japan hikes rates for first since 2007
Japan's central bank pulled the plug Tuesday on its ultra-aggressive monetary stimulus programme, hiking rates for the first time since the global financial crisis.
Easy does it: The Bank of Japan's experiment
The Bank of Japan on Tuesday announced a seismic change in direction on Tuesday, hiking interest rates for the first time in 17 years.