TOKYO (AP) — Global shares mostly rose Wednesday, echoing record rallies on Wall Street after the latest update on the job market bolstered hopes the U.S. Federal Reserve will cut interest rates. France’s CAC 40 rose 0.8 in early trading to 7,809.80. Germany’s DAX edged up 0.6% to 23,856.74. Britain’s FTSE 100 rose 0.2% to…
Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images John DiFucci from Guggenheim Securities said he was “blown away.” TD Cowen’s Derrick Wood called it a “momentous quarter.” And Brad Zelnick of Deutsche Bank…
FRANKFURT, Germany — The head of Russia’s state-owned gas company Gazprom says it has a deal to build a pipeline to China, but there are many unanswered questions about the details of the agreement. On paper, the project — known as the Power of Siberia 2 — would give Russia a way to replace some…
Tesla‘s long-awaited arrival in India kicked off with a whimper rather than a bang, suggesting that the automaker’s global outlook may not be so rosy. What’s happening? According to Bloomberg, Tesla opened its Mumbai showroom in July with limited fanfare after nearly a decade of delayed promises to break into the Indian market. About a…
WASHINGTON — President Donald Trump’s aggressive trade and immigration policies are undermining relationships that have been cornerstones of American foreign policy to counter China’s growing influence, eroding years of diplomatic investments spanning administrations. The latest fracture came Friday, when hundreds of South Korean workers were detained at a Hyundai manufacturing plant in Georgia, a facility…
U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters President Donald Trump on Tuesday signed a memorandum that aims to crack down on direct-to-consumer prescription…
WASHINGTON (AP) — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation’s economy. Employers added 911,000 fewer jobs than originally reported from April 2024 through March, the Labor Department reported Tuesday. The department issues the so-called benchmark revisions every…
[The content of this article has been produced by our advertising partner.] As China’s Belt and Road Initiative (BRI) enters its second decade, its playbook is changing. HSBC Global Investment Research’s latest report describes how the Belt and Road Initiative is moving from state-led megaprojects towards smaller, greener and more tech-focused investments driven by private…
Chinese police have fined fashion giant Dior’s Shanghai subsidiary after finding the company guilty of transmitting data overseas without security screening, according to state media. Citing the National Cybersecurity Notification Centre, state news agency Xinhua reported on Tuesday that the investigation followed media reports of a data breach at the French fashion brand, while users…
Sept. 9 (UPI) — The Federal Communications Commission has launched proceedings against seven laboratories that review and approve electronics for use in the United States for being owned or controlled by China. The FCC announced the launch of the proceedings Monday with the intent to revoke their recognition as accredited test laboratories for testing electronics…