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Featured

Asian stocks mixed as tech sector struggles to rebound from selloff

Asian stocks were mixed Monday as investors struggled to recover from last week's tough run fuelled by disappointing earnings from tech titans, while eyes were also turning to the United States ahead of crucial midterm elections.

Binance resumes withdrawals after more than $6 bn stolen in hack

Binance said that it had seen withdrawals of around $4.7 billion on Sunday, after more than $6 billion in virtual assets were stolen from the cryptocurrency exchange in a major hack the FBI said North Korea was responsible for.

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G20 leaders say global stability threatened by declining cooperation

The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US treasury secretary.

Stock markets climb with tech in focus

Global stock markets climbed on Wednesday, helped by renewed interest in the tech sector.

US new home sales miss expectations in January on cold weather

Sales of new US homes slumped more than expected in January, government data showed Wednesday, with cold weather and stubborn cost-of-living pressures weighing on buyers as Donald Trump returned to office.

EU vows to slash red tape but stick to climate goals

The EU on Wednesday proposed paring back its environmental rules to give businesses breathing room faced with US and Chinese competition -- while still vowing to decarbonise Europe's economy.

France court orders retrial of Chilean over alleged murder of ex-girlfriend

France's top court on Wednesday ordered a retrial of a Chilean accused of killing his Japanese ex-girlfriend in the eastern city of Besancon in 2016, ruling that investigators had withheld evidence from his defence team.

Dreadlocks and downward dogs: Oslo's new bishop takes unorthodox approach

The day before she was ordained the Bishop of Oslo in the presence of Norway's king, Sunniva Gylver stretched out barefoot in front of the altar, leading a service that combined liturgy and yoga exercises.

Indonesia agrees deal with Apple that could end iPhone sales ban

Indonesia has struck a deal with Apple for the tech giant to invest in the country, its industry minister and the company said Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

Global stability threatened by backslide in cooperation: S.Africa

BP ditches climate targets in pivot back to oil and gas

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

EU seeks to balance business needs, climate goals

The EU on Wednesday unveiled a push to "simplify" its environmental rules to give businesses breathing room faced with competition from the United States and China -- while still vowing to decarbonise Europe's economy.

Stock markets rally with tech in focus

Asian and European stock markets rallied Wednesday, helped by renewed positivity over the tech sector, analysts said.

BP to up oil and gas output, slash clean energy spend in overhaul

BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced Wednesday to the dismay of environmentalists.

Los Angeles wildfires costliest in history: Munich Re

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry".

AB InBev posts record sales in 2024 despite beer volumes slipping

AB InBev, the world's leading brewer whose portfolio includes Budweiser, Corona and Stella Artois, said revenue hit a record level in 2024 although beer volumes slid.

Aston Martin cuts jobs as weak China demand weighs

Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year.

Stellantis says 2024 profits fall 70% on N. America troubles

The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles in North America.

'Joyful' South Koreans hope rising births will continue

South Koreans rejoiced Wednesday at news that the number of births had risen for the first time in about a decade -- a rare bright spot for a country facing a deepening demographic decline.

Indonesia agrees deal with Apple that could end iPhone sales ban: reports

Indonesia has struck a deal with Apple for the tech giant to invest in the country, local media reported a minister as saying Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

Tech surge helps Hong Kong lead most Asian markets higher

Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in China.

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial intelligence institute.

Most Asian markets rebound as Hong Kong tech rally resumes

Asian markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Under pressure, EU to take axe to green rules

The EU is expected to roll back a slew of environmental rules on Wednesday as it charges ahead with a deregulation drive in a bid to keep up with the United States and China.

BP to unveil strategy shakeup amid energy transition

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy.

Leading rare earths miner sees profits fall as prices sag

One of the world's largest rare earths producers outside China reported slumping net profits Wednesday, pointing to a "challenging" market for the hard-to-source metals used in renewable energy technologies.

USIJ Releases New Policy Agenda to Guide Congress and Grow the Economy

WASHINGTON, DC / ACCESS Newswire / February 26, 2025 / Today, the Alliance of U.S. Startups & Inventors for Jobs (USIJ) released a policy agenda full of actionable reforms that Congress could implement to boost innovation and outcompete China.

Gladstone Investment Corporation Expands its Investment in Pyrotek Special Effects via the Acquisition of Unique Pyrotechnic

MCLEAN, VA / ACCESS Newswire / February 26, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") continued its support of portfolio company Pyrotek Special Effects, Inc. ("Pyrotek") through providing additional capital to support the acquisition of Unique Pyrotechnic ("Unique").

Hands-On Learning and Expert Insights to be Offered in Education Program at ASSEMBLY Show South, The Quality Show, and Adhesives In Action Event

3 Manufacturing Events Taking Place in April in Nashville; Register by February 28 for Savings

Creative Society President Spoke on National Security Threats at the Amnesty International Annual Meeting 2025

DETROIT, MI / ACCESS Newswire / February 26, 2025 / At the Amnesty International Annual Meeting 2025, Olga Schmidt, president of the international project "Creative Society," delivered a comprehensive speech exposing a disturbing pattern of human rights violations in Russia, where "human rights have long been rendered meaningless."

Debt Consolidation Vs. Bankruptcy: What's the Best Option?

NEW YORK CITY, NY / ACCESS Newswire / February 26, 2025 / Deciding whether to consolidate your debt or declare bankruptcy can be complex. Both options have pros and cons; the best choice depends on your situation. In this article, we'll discuss the differences between debt consolidation and bankruptcy to help you understand which may be right for you:

Unique Honeymoon Destinations You Should Know About

NEW YORK CITY, NY / ACCESS Newswire / February 26, 2025 / Honeymoon spots like Paris and the Amalfi Coast are popular for a reason - they're simply lovely and romantic. However, they may get crowded and might not suit every couple's desires.

Swiss Resource Capital AG Welcomes Southern Cross Gold Consolidated Ltd

HERISAU, SWITZERLAND / ACCESS Newswire / February 26, 2025 / Swiss Resource Capital AG is pleased to welcome Southern Cross Gold Consolidated Ltd (ASX:SX2)(TSXV:SXGC) (ISIN: CA8426851090) as a client.

Florida's CAM Help Program - the Condominium Association Rescue Initiative

In the wake of the tragic Surfside condo collapse on June 24, 2021, Florida enacted crucial new condo safety laws known as Senate Bill 4-D and Senate Bill 154. These laws, while essential for ensuring the safety of our communities, have also introduced substantial financial burdens that many associations were not prepared for.

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Arizona Tribune - Economy (English)