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CNN names media veteran Mark Thompson new CEO
CNN announced Wednesday that British media veteran Mark Thompson would assume the role of its next CEO, as the news outlet struggles to reverse a ratings decline.
China developer Country Garden reports $6.7 bn half-year losses
China's debt-hit real estate giant Country Garden reported half-year losses of 48.9 billion yuan ($6.7 billion) in a stock exchange filing Wednesday, as it flirts with a potentially catastrophic default.
'I stand by my opinion': Russian on trial for critical Ukraine interview
A Russian man prosecuted for giving a spontaneous street comment criticising the Kremlin's Ukraine offensive to foreign media said he stood by his words during his trial Wednesday, despite facing up to 10 years in prison.
Ukraine says gains on southern front pave way to Crimea
Ukraine said Wednesday that its recapture of Robotyne village this week was a strategic victory paving the way for its forces to push deeper into Russian positions in the south towards Crimea.
Stock markets diverge as rally fades
Stock markets diverged Wednesday as a global rally faded despite more data that soothed fears of a further rise in US interest rates.
Airlines count cost of UK traffic control failure
The worst disruption to UK air traffic control in almost a decade following a technical fault risks costing carriers around £100 million, the head of global airline body IATA estimated Wednesday.
US private hiring cools as leisure and hospitality boom fades
Private sector hiring in the United States slowed more than expected in August, according to data from payroll firm ADP on Wednesday, as a boom from the leisure and hospitality sectors faded.
European stock markets diverge as rally fades
Europe's main stock markets diverged Wednesday after a global rally faded.
US says its firms could deem Chinese business environment 'too risky'
Business in China could become "too risky" for US firms without changes to the regulatory environment, Commerce Secretary Gina Raimondo warned Wednesday as she wrapped up a visit to the world's second-largest economy.
Iran steps up crackdown ahead of Amini anniversary: activists
Iran is ratcheting up a crackdown ahead of the one-year anniversary of the death of Mahsa Amini, arresting prominent personalities, campaigners and relatives of those killed by security forces in protests last year, activists say.
'La La Land' director hopes 'some good' will come of Hollywood strike
Damien Chazelle, who heads the jury at the Venice Film Festival that kicks off Wednesday, told AFP he hopes Hollywood will get over its current crisis and said he was confident that movies will survive the AI revolution.
US says seeking more 'predictable' business environment in China
The United States wants to work with China to ensure a more "predictable" environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub on Wednesday.
Sex, lies and social media: Women face tough fight in African politics
Soon after Judy Kengo was sworn into office last year, the Kenyan legislator faced her first public test when a doctored photo of a lookalike kissing another woman surfaced online.
Strike-hit German stunt performers train kids during filming freeze
Ten-year-old Nathaniel squeezes his eyes shut, straightens his back and sucks in his breath as he plunges backward from the reinforced steel roof of a stunt car.
Equities extend gains on US jobs data, China hopes
Asian investors on Wednesday tracked a rally on Wall Street as a softer-than-expected report on US job openings soothed fears the Federal Reserve will hike interest rates again.
Australia to hold Indigenous rights referendum on Oct 14
Australia will hold a historic Indigenous rights referendum on October 14, Prime Minister Anthony Albanese said Wednesday, setting up a defining moment in the nation's relationship with its Aboriginal minority.
Hollywood strike saps glamour from 80th Venice Film Festival
A historic Hollywood strike robbed the Venice Film Festival of some of its usual glitz as it launched its 80th edition on Wednesday, but a raft of big-name -- and controversial -- directors are keeping the film world buzzing.
Markets mixed as China rate cut fails to ease economy worries
Markets were mixed Monday as China's decision to cut interest rates again failed to reassure investors, who are increasingly worried about the outlook for the world's number two economy.
Most markets sink as China rate cut fails to ease economy worries
Most Asian markets fell Monday as China's decision to cut interest rates again failed to reassure investors, who are growing increasingly worried about the outlook for the world's number two economy.
China cuts key interest rate to support economy
China's central bank on Monday cut a key interest rate in an attempt to counter the post-Covid growth slowdown in the world's second-largest economy.
From Furby to Grimace, brands cash in with nostalgic reboots
Furby and Polly Pocket are making a comeback -- and don't forget Surge soda and McDonald's Grimace -- as businesses deepen bets around consumers' nostalgia for decades-old brands.
'Can't sleep at night': China's youth worry about tough job market
Freshly graduated psychology major Zhang has failed to find a job in her chosen field of market research despite sending out thousands of CVs to Chinese employers.
U.S. Steel plays hard to get as potential suitors line up
United States Steel has launched a strategic review after receiving several unsolicited offers for a partial or total takeover, and has already rebuffed one "unreasonable" offer.
Stocks drop as investors worry about US rates, China woes
Shares fell Friday as investors contemplated the prospect that interest rates could remain higher for longer and on concerns over China's economy.
Stocks dragged further by US rate worry, China gloom
Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy.
Stocks dragged further down by US rate worry, China gloom
Asian markets mostly fell Friday on growing worries of another Federal Reserve interest rate hike and deepening concerns about China's economy, with the country's property crisis once again adding an extra layer of jeopardy.
Wet July dampens UK retail sales, spending outlook
British retail sales fell more than expected in July, official data showed Friday, with poor weather blamed for the setback as the country tries to revive its flagging economy.
Demise of England's 'Crooked House' shows pubs in peril
With a 15-degree list making one end four feet (1.2 metres) lower than the other, the historic Crooked House pub looked as if could topple over at any minute.
Japanese turn to wearable tech to beat the heat
Selling jackets with built-in fans, neck coolers and T-shirts that feel cold, Japanese firms are tapping into a growing market for products to help people handle the summer heat.
Brazilian jiujitsu offers lifeline to Rio favela kids
In a hilltop slum crammed between two of Rio de Janeiro's wealthiest neighborhoods, children practice Brazilian jiujitsu, hoping to follow in the footsteps of the black belts whose graffiti portraits decorate their gym's walls.
Chinese developer Evergrande files for bankruptcy protection
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it attempts to restructure.
China developer Evergrande files for bankruptcy protection
Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it attempts to restructure.