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Tech firms take fresh hit as earnings misses fan AI fears

Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans fanned already deep concerns about the AI investment boom.

Dodging fuel price hikes, Damascus drivers turn to electric cars

Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher profits as spiking petrol prices made his old car too expensive to run.

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Amid weak eurozone and political turmoil, ECB to cut rates again

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

Lithium-rich Bolivia lags behind in race to mine key metal

In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal.

Video game bosses gather at 'darkest hour' for industry

The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector's equivalent of the Oscars.

Accurate Background Appoints Mark Thompson Managing Director, Australia and APAC

Accurate Background, the world's largest independent provider of compliant background checks and monitoring solutions, announced it has strengthened its global leadership team with the appointment of Mark Thompson, Managing Director, Australia and Asia Pacific region (APAC). In support of Accurate's vision to make every hire the start of a success story, Mark will lead Accurate's growth teams in the region. Mark's experience in building high-performance teams, driving enterprise sales and client retention, and leveraging data-driven strategies aligns with Accurate's goals to rapidly expand in the APAC region. Reporting to Dan Shoemaker, Chief Revenue Officer, Mark will spearhead the development and execution of sales strategies to drive market share, client growth, and regional innovation.

FAVO Capital, Inc Closes $2 Million Bridge Raise Led by D. Boral Capital

FAVO Capital, Inc. (OTC PINK:FAVO), a leading provider of alternative financing solutions in the Private Credit Sector, today announced that it has entered into securities purchase agreements with certain investors to purchase 8,000,000 shares of common stock and warrants to purchase up to 8,000,000 shares of common stock, at a purchase price of $0.25 per share and accompanying warrant. The gross proceeds to the Company from the private placement are expected to be approximately $2.0 million before deducting the placement agent's fees and other estimated offering expenses.

Hairmosa Beauty Academy Wins Consumer Choice Award for Cosmetology and Barbering in Dallas

Consumer Choice Award (CCA) is proud to announce that Hairmosa Beauty Academy Inc. has won in the School - Cosmetology & Barbering category in Dallas. This prestigious award recognizes businesses with exceptional service, product quality, and customer satisfaction.

Atlas Sanitary Sewer Services Wins Consumer Choice Award for Drainage & Sewer Services in Regina

Consumer Choice Award (CCA) proudly announces Atlas Sanitary Sewer Services as the top provider in Regina's Drainage and Sewer Services category. This award highlights Atlas's dedication to quality, safety, and exceptional customer service.

Nasdaq surges above 20,000 after US inflation data matches estimates

American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month.

US-China officials to hold economic talks before Trump return

Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.

Stocks mostly rise as US inflation data boosts rate cut hopes

US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.

EU conservatives seek to stall 2035 combustion engine ban

The largest group in the European Parliament, the conservative EPP, joined calls Wednesday to "reverse" a ban on combustion engine vehicles starting in 2035, citing the struggles of the automotive industry.

Canada central bank makes half point rate cut to 3.25%

Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.

Google unveils latest AI model, Gemini 2.0

Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast developing technology.

US consumer inflation rises for second straight month in November

US consumer inflation ticked up for a second consecutive month in November, driven by housing and food prices among other sectors, according to government data published Wednesday, complicating the Federal Reserve's rate cut deliberations.

Stocks struggle for direction before US inflation data

Stock markets struggled for direction Wednesday as traders awaited key US inflation data with the Federal Reserve expected to cut interest rates next week.

Balkan journalists battle deluge of malicious lawsuits

Serbian journalist Radmilo Markovic has gone over every full stop and comma of an article about the powerful mayor of Belgrade that has landed him in court.

Indonesia's new coal phase-out goal sets 'daunting task'

Meeting Indonesia's pledge to phase out coal power in just 15 years and reach net-zero emissions by mid-century is a "daunting task" that will require immediate and ambitious action, experts warn.

Argentina's Milei touts US trade deal, says 'happy times' ahead

Argentine President Javier Milei promised Tuesday that inflation will soon be "little more than a bad memory" and vowed to pursue a free trade deal with the United States next year.

Asian markets mixed ahead of US inflation data, eyes on China

Markets diverged on Wednesday ahead of US inflation data that could play a key role in the Federal Reserve's interest rate decision next week, while traders were also keeping tabs on Beijing hoping for more economic support measures.

Ecuadoran workers accuse 'monster' Japanese company of exploitation

Ex-employees of a Japanese textile company in Ecuador told Tuesday of their dire living and working conditions, after the country's constitutional court ruled the firm kept its staff in a slave-like setting.

Nippon Steel slams 'inappropriate' politics in US deal

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

HireRoad Achieves ISO/IEC 27001:2022 Certification, Strengthening Commitment to Cyber Security

Global HR Leader Partners with CyberCX to Achieve Prestigious ISO/IEC 27001:2022 Certification, Showcasing Commitment to Advanced Cyber Security Standards

RETRANSMISSION: SOLO(TM) Micro Modular Reactor Takes Over Wall Street: At NYSE, SOLO Redefines the Future of Clean Energy with Existing, Validated, and Qualified 1MWe Nuclear Technology

Terra Innovatum Makes Global Debut Interviewing at NYSE to Introduce SOLO™: The World's First Micro Modular Nuclear Reactor Set for Commercial Launch by 2028

Clear Start Tax Shows How $32,000 IRS Debt Was Settled Down to Only $100 Through This Government Program

Discover How Clear Start Tax Turned a Complex Tax Debt Challenge Into a Success Story

Valsoft Strengthens Life Sciences Portfolio with the Acquisition of CRM Leader Exeevo

Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses, has acquired Exeevo, a unified CRM solution for sales, marketing, medical, and service teams built on Microsoft technology.

Heaven Can Wait First Aid Wins Consumer Choice Award for Health & Safety Training in Toronto

Consumer Choice Award (CCA) proudly announces Heaven Can Wait First Aid as the top provider in the Health & Safety Training category in Toronto. This prestigious award recognizes businesses with exceptional service, product quality, and customer satisfaction.

Global stocks mostly fall ahead of ECB, US inflation data

Global stock markets mostly retreated Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.

Biden says Trump economic plan will be 'disaster'

Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster," in a speech hailing his own legacy.

New York appeals dismissed PepsiCo plastic pollution suit

New York state this week appealed the dismissal of a pollution lawsuit against soda giant PepsiCo, accusing its single-use plastic packaging of posing a scourge on waterways and public health.

US disburses $20 bn Ukraine loan backed by profits from Russian assets

The United States announced Tuesday that it has disbursed a $20 billion loan for Ukraine backed by the interest earned on frozen Russian assets, as part of a $50 billion G7 support package.

World stock markets diverge as rate calls loom

Global stock markets diverged Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.

Airlines chief says jet manufacturers need to deliver

World airlines are "cautiously optimistic" for 2025, the industry body's head told AFP on Tuesday, while slamming the big plane manufacturers for not delivering new aircraft fast enough.

The Fort Worth Press - Economy (English)