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Boeing settles with one plaintiff in 737 MAX crash trial

Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash that killed 157 people, attorneys announced Wednesday.

Wall Street stocks rebound after positive jobs data

Wall Street stocks advanced Wednesday after better-than-expected jobs data soothed concerns about the US economy with equity buyers stepping in following the prior session's retreat.

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Eyes turn to space to feed power-hungry data centers

Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet out-of-this-world power demands in a fierce artificial intelligence race.

US Supreme Court appears skeptical of Trump tariff legality

A majority of US Supreme Court justices appeared deeply skeptical of the legality behind a swath of Donald Trump's tariffs, as they heard a landmark case on Wednesday that could uphold -- or upend -- the president's economic agenda.

BMW reports rising profitability, shares jump

BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of tariffs, offering some rare good news for Germany's beleaguered auto sector.

US Supreme Court debates legality of Trump's tariffs

US Supreme Court justices questioned the legality behind a wide swath of Donald Trump's tariffs on Wednesday, as they began hearing a landmark case that could uphold -- or upend -- the president's economic agenda.

Wall Street stocks rise after positive jobs data

Wall Street stocks pushed higher on Wednesday after better-than-expected jobs data soothed concerns about the US economy.

Brussels wants high-speed rail linking EU capitals by 2040

The European Commission Wednesday unveiled twin initiatives aimed at slashing transport carbon emissions across the continent -- by expanding high-speed rail links and boosting sustainable fuels for aviation and shipping.

Swiss business chiefs met Trump on tariffs: Bern

Swiss business leaders have met US President Donald Trump to draw his attention to the toll that steep tariffs are taking on their companies, Switzerland's government said Wednesday.

France moves to suspend Shein website as first store opens in Paris

Shein opened its first physical store worldwide in Paris under the eye of riot police, as the French government said it was suspending the Asian e-commerce giant's online platform following outrage over its sale of childlike sex dolls.

Wall Street stocks steady after positive jobs data

Wall Street stocks steadied on Wednesday after better-than-expected jobs data soothed concerns about the US economy.

Swedish authorities inspect worksite conditions at steel startup Stegra

Officials from several government agencies conducted a surprise inspection of steelmaker Stegra's construction site in northern Sweden Wednesday, following questions about the finances of the low-carbon start-up, police told AFP.

BMW boosts profitability, welcomes Nexperia signals

BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of tariffs, offering some rare good news for Germany's beleaguered auto sector.

Stocks retreat as tech bubble fears grow

Technology companies led sell-offs on stock markets Wednesday, as investors grow increasingly worried about an AI bubble following a rally that has propelled valuations to record highs.

Shein opens first permanent store amid heavy police presence

Paris authorities on Wednesday deployed riot police for the unveiling of Shein's first bricks and mortar store in the world, as controversy swirled over the Asian e-commerce giant's fast fashion and sale of childlike sex dolls online.

German factory orders up but outlook still muted

German industrial orders rose in September for the first time in five months, data showed Wednesday, but officials warned geopolitical and supply chain woes meant the outlook remains muted.

Medieval tower collapse adds to Italy's workplace toll

The deadly collapse of a medieval tower in Rome has made global headlines, but for trade unions, it is simply the latest of many workplace tragedies in Italy.

BMW boosts profitability despite China, tariff woes

German carmaker BMW on Wednesday reported a rise in profitability in the last quarter despite facing challenges from slowing Chinese sales and tariffs.

Asian markets sink as tech bubble fears grow

Tech companies led a sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.

Toyota hikes profit forecasts 'despite US tariffs'

Japanese auto giant Toyota on Wednesday hiked its operating income and net profit forecasts for the current fiscal year despite the impact of US tariffs.

US Supreme Court hears challenge to Trump tariff powers

The US Supreme Court will hear arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in a landmark case that could uphold -- or upend -- the president's economic agenda.

India's Modi readies bellwether poll in poorest state

India's poorest state Bihar goes to the polls on Thursday, and for many of its 130 million people, one issue overshadows all others: money.

Green goals versus growth needs: India's climate scorecard

India is the world's most populous country, the third-biggest emitter of greenhouse gases, and remains deeply dependent on polluting coal to meet soaring energy demand.

Where things stand on China-US trade after Trump and Xi talk

China and the United States have recently agreed to lower the temperature in their spiralling trade war, bringing a precarious end to months of back-and-forth measures between the economic and technological powerhouses.

Sri Lanka targets big fish in anti-corruption push

When Sri Lanka's economy collapsed in 2022, politicians and officials were accused of brazenly stealing the island's assets.

Asian markets tumble as tech bubble fears grow

Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.

Concerns at ILO over expected appointment of close Trump advisor

The expected appointment of a close Donald Trump advisory to a top post at the International Labour Organization has sparked criticism internally, with Washington owing the UN agency tens of millions in dues.

New lawsuit alleges Spotify allows streaming fraud

A new lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures to benefit megastars such as Drake at the expense of lesser-known artists.

Stocks mostly drop as tech rally fades

Global stocks mostly fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI bubble and concerns over the US interest-rate outlook.

Cement maker Lafarge on trial in France over jihadist funding

Cement conglomerate Lafarge went on trial in France Tuesday, accused of paying the Islamic State group and other jihadists protection money to build its business in war-torn Syria.

Shein vows to cooperate with France in probe over childlike sex dolls

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.

Experts call for global panel to tackle 'inequality crisis'

Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned Tuesday, urging G20 leaders meeting in South Africa this month to establish a panel to tackle the crisis.

Stocks drop as tech rally fades

Stock markets fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI bubble and concerns over the US interest-rate outlook.

Nvidia, Deutsche Telekom unveil 1-bn-euro AI industrial hub

US tech giant Nvidia and Deutsche Telekom said Tuesday a one-billion-euro ($1.1 billion) industrial artificial intelligence hub will soon be launched in Germany, Europe's latest bid to catch up in the global AI race.

The China Mail - Economy (English)