Mercedes-Benz Profits Plunge As German Carmakers Reel
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany's auto sector reels.
Trump Accuses Zelensky Of Treating US Envoy 'Rudely'
US President Donald Trump said Wednesday his treasury secretary was treated "rudely" during an official visit to Kyiv, accusing Ukrainian leader Volodymyr Zelensky of "sleeping" and failing to make a deal.
Renault Revs Up Profitability In 2024
Renault confirmed on Thursday it defied headwinds in the car industry by boosting revenue and attaining record profitability in 2024 thanks to the success of its new line up of vehicles, although net profit sank as it scaled back its partnership with Nissan.
Trump Considering 'Alternatives' To Boeing For Air Force One Contract
Donald Trump said Wednesday his administration was "looking at alternatives" to Boeing following delays in delivering two new models of the US presidential Air Force One plane.
Iran Executed 975 People In 'Horrifying' 2024 Escalation: Rights Groups
Iran executed at least 975 people last year in a "horrifying escalation" of its use of capital punishment, two human rights groups said on Thursday.
Messi Too Hot For Sporting In Sub-zero Champions Cup Clash
Lionel Messi shrugged off sub-zero temperatures to score the only goal as Inter Miami defeated Sporting Kansas City 1-0 in their weather-delayed CONCACAF Champions Cup first-leg clash on Wednesday.
G20 Foreign Ministers Meet In South Africa Without US On Board
Top diplomats from the Group of 20 major economies will convene in South Africa on Thursday for a meeting dominated by a packed global agenda but overshadowed by a snub by the top US envoy.
Egypt Unveils First Ancient Royal Tomb Since Tutankhamun
Egypt's antiquities authority says it has found the ancient tomb of King Thutmose II, the first royal burial to be located since the famed discovery of Tutankhamun's tomb in 1922.
Delta Offers $30,000 Each To Toronto Plane Crash Passengers
US airline Delta will offer $30,000 to each passenger on a plane that crashed as it landed at Toronto airport this week, the carrier told AFP on Wednesday.
Macron To Host New Emergency Talks On Ukraine
French President Emmanuel Macron was set on Wednesday to host a new meeting on Ukraine in a bid to coordinate a European response to what he called an "existential threat" from Russia amid a shock policy shift in Washington.
Google Pays 326 Mn Euros To Settle Italy Tax Dispute: Prosecutor
Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
Germany's Scholz, Merz To Clash In Final Pre-election Debate
German Chancellor Olaf Scholz and opposition leader Friedrich Merz will face off in a final head-to-head debate Wednesday, four days before the election, in a campaign overshadowed by the rise of the far right.
Trump Says US Auto Tariffs To Be Around 25%
US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
UK Annual Inflation Jumps More Than Expected
Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the Labour government which is also facing sluggish economic growth.
HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp
Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026.
Asian Markets Swing As Traders Assess Latest Tariffs Volley
Asian markets were mixed Wednesday after President Donald Trump broadened his tariff threats, while traders were also assessing the geopolitical outlook after the first high-level official US-Russia talks since the invasion of Ukraine.
Top South Korean Judge Faces Disinformation Deluge As Yoon Impeachment Looms
Bogus child pornography claims, fabricated support for communism and fake posts showing Elon Musk calling for his removal -- a deluge of disinformation is targeting a top judge in suspended South Korean President Yoon Suk Yeol's impeachment trial.
'City Killer' Asteroid Now Has 3.1% Chance Of Hitting Earth: NASA
An asteroid that could level a city now has a 3.1-percent chance of striking Earth in 2032, according to NASA data released Tuesday -- making it the most threatening space rock ever recorded by modern forecasting.
US Tariffs Threat A 'Shock' To Canadian Businesses
Donald Trump's threats of import tariffs have sent shockwaves through Canada, forcing businesses to question their dependence on the United States -- a reassessment that is creating headaches for many sectors.
US Judge Declines To Block Musk From Accessing Data, Firing Workers
A US judge on Tuesday declined a request to temporarily block Elon Musk and his Department of Government Efficiency (DOGE) from firing federal employees and accessing agency data, a victory for President Donald Trump in his bid to shrink the government workforce.
Mourinho Eyes Europa League Run With Fenerbahce
Jose Mourinho's Fenerbahce are poised to progress to the last 16 of the Europa League when they visit Anderlecht on Thursday as the Portuguese coach targets a sixth European trophy of his storied managerial career.
Rangers To Euthanise 90 Dolphins Stranded On Remote Australian Beach
Wildlife rangers will Wednesday begin shooting 90 dolphins stranded on a remote Australian beach, saying the stressed creatures would be euthanised after attempts to refloat them failed.
US Lawmakers Confirm Howard Lutnick As Commerce Secretary
The US Senate voted Tuesday to confirm Wall Street billionaire Howard Lutnick as commerce secretary, a key step towards the rollout of President Donald Trump's "America First" trade agenda, which uses tariffs as a broad negotiation tool.
Colombian President Alleges Plot To Down His Plane With Missiles
Colombia's President Gustavo Petro claimed Monday to have been the target of a plot to down his plane with missiles by "big mafias" irate at his government's attempts to hunt them down.
China Condemns US 'Tariff Shocks' At WTO
The sweeping tariffs threatened or already imposed by US President Donald Trump risk triggering inflation, market distortions, and even a global recession, China said Tuesday at the World Trade Organization.
Zelensky Slams US-Russia Talks, Urges 'Fair' Negotiations
Ukrainian President Volodymyr Zelensky on Tuesday criticised US-Russia talks for excluding Kyiv, saying efforts to end the war must be "fair" and involve European countries including Turkey.
UN Nuclear Chief To View Contaminated Fukushima Soil
The UN nuclear watchdog chief will make his first visit this week to storage facilities for vast quantities of soil contaminated in the 2011 Fukushima disaster.
Meta Plans Undersea Cable To Link Five Continents
Facebook and Instagram parent company Meta has said it will lay an undersea cable stretching across five continents to carry data, including for developing artificial intelligence.
Turkey Arrests 282 Despite Reconciliation Bid With PKK
Turkey has detained 282 people in a nationwide swoop on those with suspected "terror" ties, the interior minister said Tuesday, despite a parallel government bid to end the bloody four-decade Kurdish conflict.
Philippine Coast Guard Slams 'Dangerous' China Helicopter Maneuvers
The Philippine Coast Guard condemned "dangerous" maneuvers by a Chinese Navy helicopter Tuesday as it flew within three meters (10 feet) of a surveillance flight carrying a group of journalists over the contested Scarborough Shoal.