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Oil, stock trading spiked before Trump's Iran remarks

Thousands of oil contracts -- a far higher volume than normal -- were traded 15 minutes before US President Donald Trump pledged to halt strikes on Iranian energy infrastructure, sending prices tumbling, data showed on Tuesday.

US officials downplay controller 'distraction' in New York crash

US officials on Tuesday played down speculation that distracted air traffic controllers might have contributed to a deadly collision between an Air Canada jet and a fire truck at New York's LaGuardia Airport.

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GM reports quarterly loss but boosts shareholder returns

General Motors announced Tuesday fresh actions to return funds to investors, lifting shares despite reporting a quarterly loss on costs connected to its electric vehicle retreat.

US banks fight crypto's push into Main Street

The banking industry is pushing back against White House-aligned crypto companies seeking to expand their business to Main Street customers in the United States.

LVMH 2025 net profit drops 13% to 10.9 bn euros

The world's leading luxury group, LVMH, saw net profit slide 13 percent in 2025 to 10.9 billion euros ($13.1 billion) as an exceptional tax on large French companies weighed on its bottom line.

US consumer confidence drops to lowest level since 2014

Consumer confidence in the United States plunged in January to its lowest level since 2014, survey data showed Tuesday, as American households continue to fret about inflation and elevated costs of living.

Teens underwhelmed by France's social media ban

Teens and tweens were split Tuesday over a looming ban on social media for under-15s in France, with some admitting the risks of overuse -- while others laughed off the measure and vowed to dodge it.

Mexico exports jump in 2025 despite US trade tensions

Mexico's exports climbed 7.6 percent in 2025, despite its auto, steel and aluminum sectors being swept up in US President Donald Trump's tariffs blitz, according to figures released Tuesday.

Blazy takes flight of fancy with bird-themed Chanel show

After reaching for the stars in his first show for Chanel, new chief designer Matthieu Blazy took a feathery flight of fancy for his debut Haute Couture collection inspired by birds and nature on Tuesday.

Spain to regularise 500,000 undocumented migrants

Spain's left-wing government approved Tuesday a plan to regularise around 500,000 undocumented migrants by decree, the country's latest break with harsher policies elsewhere in Europe.

Stocks gain tracking tech, Fed and trade

Stock markets gained Tuesday as investors geared up for the US Federal Reserve's policy meeting and earnings from tech titans, which will be pored over for signs of AI momentum.

Spain unemployment drops below 10% in first since 2008

Spain's historically stubborn unemployment fell below 10 percent in the fourth quarter of last year, official data showed on Tuesday, a first since the 2008 financial crisis.

Trump says Iran wants talks as US aircraft carrier deploys

A US naval strike force led by an aircraft carrier was in Middle Eastern waters on Tuesday as Iran vowed to hit back against any strike and President Donald Trump said he believed the Islamic republic still wanted talks.

Germany offers 1 mn euro reward for Berlin blackout culprits

Germany is offering a one million euro ($1.2 million) reward for information leading to the arrest of suspected far-left militants whose arson attack caused a massive blackout in Berlin, the interior minister said Tuesday.

China's Anta Sports to become top Puma shareholder

Chinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for $1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.

Minneapolis mayor says 'some' US immigration agents to leave city

Some federal immigration agents will leave Minneapolis Tuesday, the city's mayor said, as US President Donald Trump struck a conciliatory note after nationwide outrage over the killings of two American citizens.

UK tour agency to host golf tournament in North Korea

A British tour agency plans to host an international golf event in North Korea this year, the amateur event's website showed Tuesday.

US immigration agents face backlash after Minneapolis killings

The fatal shooting of two civilians in Minneapolis has reignited accusations that federal agents enforcing US President Donald Trump's militarized immigration crackdown are inexperienced, under-trained and operating outside law enforcement norms.

French lawmakers pass bill banning social media for under-15s

French lawmakers have passed a bill that would ban social media use by under-15s, a move championed by President Emmanuel Macron as a way to protect children from excessive screen time.

Trump says hiking tariffs on South Korean goods to 25%

US President Donald Trump said Monday that he would raise tariffs on South Korean goods including autos, lumber and pharmaceuticals, taking aim at the country for "not living up to" an earlier trade pact struck with Washington.

Kanye West blames bipolar disorder amid outrage over antisemitic rants

Rapper Kanye West on Monday denied being a Nazi and expressed regret over his antisemitic rants, blaming such behavior -- which included recording a song that celebrates Hitler -- on his bipolar disorder.

Trump attempts to pivot in face of Minneapolis killing backlash

President Donald Trump sent his top border enforcer to Minneapolis on Monday and struck a conciliatory note in a bid to tamp down nationwide outrage over the second killing of a US citizen protesting militarized immigration raids this month.

Stricken games giant Ubisoft seeks rare French job cuts

French video games giant Ubisoft said Monday it aims to shed up to 200 staff at its Paris headquarters, days after investors gave a frosty reception to a drastic restructuring plan.

Minneapolis killing pushes Trump to brink of government shutdown

Donald Trump is likely facing the second government shutdown of his presidency after a fatal shooting by US immigration agents detonated a fragile budget truce in Congress and unified Democrats against funding his hardline immigration crackdown.

Carney links Trump's new tariff threat to N. America trade deal review

Prime Minister Mark Carney on Monday downplayed US President Donald Trump's latest tariff threat against Canada, saying the comments should be viewed with an eye toward an upcoming trade deal review.

Ryanair's quarterly net profit slides on Italy fine

Irish no-frills airline Ryanair on Monday announced an 80 percent drop in net profit for its third quarter, impacted by a hefty fine from Italy's competition authority.

New Nepali political party fields LGBTIQ candidates

Nepali sexual and gender minorities unveiled their candidates in a new political party on Monday ahead of March elections, challenging an ageing political elite ousted in last year's mass uprising.

Dollar sinks on yen intervention talk, gold breaks $5,100

The dollar fell and gold hit fresh high on Monday amid uncertainty over domestic US policies and speculation of US-Japanese coordination to support the yen.

EU opens probe into Musk's Grok over sexual AI deepfakes

The EU on Monday hit Elon Musk's X with an investigation over AI chatbot Grok's generation of sexualised deepfake images of women and minors, in the latest step of an international backlash against the tool.

German business morale still muted in January

German business sentiment held steady at a low level in January, a survey showed Monday, with firms still pessimistic about any sustained recovery in Europe's biggest economy.

Haute Couture Week begins in Paris

Four days of ultra-exclusive Haute Couture fashion shows get underway in Paris on Monday, but how is the calendar constructed and who gets to take part? AFP has the answers.

Swinging to win: 'The Invite' delivers comedy gold at Sundance

Most marriages have those moments: people are coming for dinner; one of you isn't really in the mood. But not everyone finds out that their guests are into raucous group sex -- and want you to join them.

Second death in Minneapolis crackdown heaps pressure on Trump

The Trump administration faced intensifying pressure Sunday over its mass immigration crackdown in Minneapolis, after federal agents shot dead a second US citizen and graphic cell phone footage again contradicted officials' immediate description of the incident.

What is Russia's 'shadow fleet' and how does it work?

France's interception of an oil tanker suspected of being part of Russia's "shadow fleet" draws attention to how the vessels allegedly operate in order to escape Western sanctions.

The China Mail - Economy (English)