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Carney scraps Canada EV sales mandate

Prime Minister Mark Carney on Thursday cancelled a mandate for all vehicles sold in Canada to be electric by 2035, while announcing a multi-billion-dollar plan to support EV production.

Record January window for transfers despite drop in spending

Football clubs worldwide set a new winter transfer window record in terms of the number of transactions completed, according to a statement released by FIFA on Thursday, but the overall amount spent was down compared to last year's high.

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Indonesia growth push sparks fight on deforestation, rights

An "eco-city", a mining complex, and a massive project to grow food and fuel are all part of an Indonesian growth drive that activists allege is causing deforestation and dispossession.

Nearly 900 mn poor people exposed to climate shocks, UN warns

Nearly 80 percent of the world's poorest, or about 900 million people, are directly exposed to climate hazards exacerbated by global warming, bearing a "double and deeply unequal burden," the United Nations warned Friday.

Asian stocks fall with Wall St as US credit fears add to worries

Asian stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a possible tech bubble and the US government shutdown.

China's economic growth slowed to 4.8% in third quarter: AFP poll

China's economy likely grew at its slowest pace in a year last quarter, according to an AFP survey, dragged down by lacklustre demand and a crisis in the crucial property sector, compounded by a trade war with the United States.

US stocks fall as regional bank angst adds to list of worries

Wall Street stocks fell Thursday on fears that private credit problems may weigh on US regional banks, adding to concerns about trade tensions and a government shutdown.

Europe 'well positioned' for future shocks: ECB's Lagarde

Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic storm, ECB President Christine Lagarde said Thursday.

'Battlefield' video game sees big-time sales

The latest installment of military video game "Battlefield" hit the market with sales rivaling that of blockbuster rival "Call of Duty," publisher Electronic Arts (EA) announced on Thursday.

Waymo robotaxis to deliver orders for some US DoorDash users

US food delivery app DoorDash announced Thursday that Waymo driverless cars will soon shuttle orders to some customers in a budding partnership with the Google-owned robotaxi star.

Johnson & Johnson faces UK lawsuit over talc cancer claim

Thousands of UK claimants have filed legal action against US pharmaceutical and cosmetics giant Johnson & Johnson alleging people diagnosed with cancers were exposed to asbestos in its talcum powder, lawyers said Thursday.

Stocks higher as traders weigh China-US row, tech earnings

Global stock markets mostly rose on Thursday as investors weighed strong tech earnings and hopes that the latest flare-up in US-China trade tensions might ease.

US Fed chair contender backs October rate cut

A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this month, claiming he believed inflation would soon cool.

Armani names executive close to designer as new CEO

The Armani Group on Thursday named a senior manager who worked alongside Giorgio Armani to take over as chief executive of the luxury empire following the designer's death.

Greece lawmakers back plan to allow 13-hour workday

Greece's parliament on Thursday approved a government-backed bill allowing people to work 13-hour days, despite fierce objections from trade unions and opposition parties.

Stocks fluctuate as traders weigh China-US row, tech earnings

Stock markets were mixed Thursday as investors weighed the latest volleys in the China-US trade war and strong tech earnings.

Pope slams millions facing hunger worldwide as 'collective failure'

Pope Leo XIV on Thursday slammed the world's failure to stop millions of people going hungry, blaming a "soulless economy" and calling on people to rethink their lifestyles and priorities.

Nestle to cut 16,000 jobs worldwide

Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring.

Markets mixed as traders weigh China-US row, rate cut hopes

Markets were mixed on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

Markets mostly rise as traders weigh China-US row, rate cut hopes

Most markets rose Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

One year on, Italian migrant camps in Albania near-empty

One year after Italy opened migrant camps in Albania intended to hold people intercepted at sea, the legally contested centres lie almost empty.

AI boom delivers record net profit for Taiwan's TSMC

Taiwanese tech titan TSMC reported Thursday a forecast-busting record net profit for the third quarter on skyrocketing demand for microchips used to power iPhones and artificial intelligence.

Nestle says to cut 16,000 jobs worldwide over next two years

Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, will eliminate 16,000 jobs worldwide over the next two years, its new chief executive said on Thursday.

Asia stocks rise as traders weigh China-US row, rate cut hopes

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

RelyEZ Unveils VentureEdge 800: Next-Generation 800 V AC Energy Storage System Tailored for Europe

BRUSSELS, BE / ACCESS Newswire / October 16, 2025 / RelyEZ Energy Storage proudly announces the launch of its latest innovation, VentureEdge 800, a next-generation 800 V AC battery energy storage system (BESS) designed to meet Europe's evolving grid requirements. The launch coincides with RelyEZ's participation as a Gold Sponsor at the Energy Storage Global Conference (ESGC 2025) in Brussels, underscoring its commitment to supporting the region's clean energy transition with cutting-edge, bankable storage technologies.

United sees demand 'strengthening' as profits edge lower

United Airlines reported a slight dip in profits Wednesday as operating expenses ticked higher, adding that a strengthening demand outlook would boost fourth-quarter results.

Syria won't wait for global community to reform economy: Finance Minister

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday.

US says working on new $20 bn 'facility' for Argentina

US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy.

Dutch tech giant ASML posts stable profits, warns on China

Dutch tech giant ASML warned Wednesday of a steep fall in its China business next year, as it booked flat net profits in the third quarter of 2025 compared to the same period last year.

Canada fears for auto jobs after Stellantis announces US investment

Canadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest $13 billion in the United States threatens Canadian jobs, urging action to counter what they called another casualty of President Donald Trump's trade war.

Greece weighs disputed 13-hour workday reform

Greece's parliament on Wednesday debated a controversial reform proposed by the conservative government, which would allow 13-hour workdays under exceptional circumstances, drawing fire from unions and opposition parties.

'Absolutely critical' to boost growth in Europe: IMF official

It is absolutely critical for European countries to boost growth and productivity to catch up with the United States, a senior IMF official told AFP, calling on policymakers to make "smarter" spending choices.

Huge telecom takeover bid raising alarms in France is rejected

French telecom firm SFR on Wednesday rejected a buyout bid by three rivals, as the government and labour unions warned the deal could harm consumers and employees.

Stocks rise on US rate cut hopes, strong company earnings

Stocks mostly rose and the dollar retreated Wednesday on hopes for further US interest rate cuts and a solid set of company earnings.

Portugal Colonial - Economy (English)