The Fort Worth Press

Toyota third-quarter net profit drops but keeps full-year forecasts

Japan's Toyota said Thursday its net profit for the third quarter fell eight percent, but it left its full-year forecasts unchanged as the cheaper yen offsets the impact of soaring materials prices.

'I shouted their names': the hole left by Nigeria's disappeared

It was only when she scrambled to the top of the mountain after fleeing the army attack on her village that Hafsatu Usman realised she had lost three of her children.

Markets fall as Fed warns rates to go higher for longer

Markets mostly fell Thursday on the prospect of US interest rates going higher, and for longer, as officials try to cool the economy and bring decades-high inflation under control.

Twitter service stumbles as paying users get more room

Thousands of Twitter users on Wednesday reported problems using the platform as the Elon Musk-owned social network began letting paying users post tweets as long as 4,000 characters.

'Good policy' for EU to match US green plan with own subsidies: Yellen

US Treasury Secretary Janet Yellen on Wednesday encouraged the idea of green subsidies by the European Union to offset feared harm from a vast US climate plan -- arguing there is enough business for all to benefit from the clean energy transition.

Peru reopens train service to Machu Picchu

Train services to Peru's historic Machu Picchu partially resumed on Wednesday following nearly three weeks of suspension caused by anti-government protests.

Yellen says 'good policy' for EU to match US green plan with own subsidies

US Treasury Secretary Janet Yellen on Wednesday encouraged the idea of green subsidies by the European Union to offset feared harm from a vast US climate plan -- arguing there is enough business for all to benefit from the clean energy transition.

Disney lays off 7,000 as streaming subscribers decline

Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year.

Greek MPs bar jailed neo-Nazi from leading new party in election

Greece's parliament on Wednesday approved a law barring the jailed ex-spokesman of neo-Nazi party Golden Dawn from heading a new nationalist party in upcoming national elections.

White House rejects report that US was behind Nord Stream sabotage

The White House flatly rejected Wednesday a new report by veteran investigative journalist Seymour Hersh that the US was behind the sabotage of the Nord Stream gas pipelines last year.

Two children killed after 'deliberate' bus crash into Quebec day care

Two children were killed when a bus rammed into a day care center near Montreal on Wednesday, with the driver arrested on suspicion of homicide over what police believe was a deliberate act.

UN aviation body sees recovery to pre-pandemic air travel in 2023

Demand for commercial travel is expected to make a full recovery in 2023, with volumes exceeding the 2019 level at the end of the year, a UN aviation body said Wednesday.

Two children killed, driver arrested as bus crashes into Quebec day care

At least two children were killed after a bus crashed into a day care center near Montreal on Wednesday, police said, with the driver arrested for homicide and eyewitnesses suggesting he may have acted deliberately.

Stocks diverge as tech stocks dip

Stock markets wavered on Wednesday, with tech shares falling and investors digesting President Joe Biden's calls for tax hikes and the latest interest rate signals from US Federal Reserve chief Jerome Powell.

Anglican church holds fiery debate over same-sex marriage

The Church of England on Wednesday debated contentious plans allowing priests to offer blessings to same-sex couples, amid deep Anglican divisions over the issue in Britain and beyond.

Google strikes back in AI battle with Microsoft

Google on Wednesday announced a slew of features powered by Artificial Intelligence (AI) as it ramped up a battle with Microsoft to maintain its dominance of the web search industry.

Microsoft's Activision takeover bid dealt setback in UK

Microsoft's planned $69-billion takeover of video game giant Activision Blizzard could significantly harm competition and consumer choice, UK regulators concluded in provisional findings Wednesday.

Energy majors look for mega profits to roll on

The world's top oil and gas companies amassed record profits last year after Russia's invasion of Ukraine drove prices higher -- and they can expect the good times to roll on despite calls to tax them more.

India's Modi hits back at opposition after Adani furore

Indian Prime Minister Narendra Modi on Wednesday defended his record after criticism of his close association with tycoon Gautam Adani, whose business empire has been rocked by corporate fraud allegations.

S.Africa awaits glimmer of light in Ramaphosa's annual speech

South African President Cyril Ramaphosa delivers his annual address to the nation on Thursday, facing mounting pressure over the country's energy crisis.

France to turn wine into industrial alcohol to battle surplus

France plans to spend millions of euros to turn wine into industrial alcohol for pharmaceuticals and cosmetics to drain a massive surplus, the agriculture ministry has said.

Japan rolls out 'humble and lovable' delivery robots

"Excuse me, coming through," a four-wheeled robot chirps as it dodges pedestrians on a street outside Tokyo, part of an experiment businesses hope will tackle labour shortages and rural isolation.

Harry Potter video game gets bumper sales despite LGBTQ backlash

The "Harry Potter" universe welcomes its latest edition on Friday, the "Hogwarts Legacy" video game, which provides a big test of the resilience of a franchise hit by criticism from some LGBTQ activists over the views of author JK Rowling.

Microsoft sees 'new day' in war with Google over AI search engines

Microsoft's long-struggling Bing search engine will integrate the powerful capabilities of language-based artificial intelligence, CEO Satya Nadella said on Tuesday, declaring what he called a new era for online search.

Video conferencing star Zoom cuts staff by 15 percent

The company behind the Zoom video conferencing platform -- which became a household name during the pandemic -- announced Tuesday it is laying off about 15 percent of its staff.

Inflation starting to slow but long, 'bumpy' road ahead: Powell

US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair Jerome Powell warned Tuesday, adding that stronger-than-expected economic data could bring more rate hikes.

French unions battle to keep momentum in pension showdown

Opponents of France's controversial pension reform plan sought to keep up the momentum on a third day of protests and strikes, but the numbers taking to the streets were down on the previous week.

Stocks waver on US rate-hike jitters

Stock markets wobbled on Tuesday as investors braced for fresh signals from US Federal Reserve chairman Jerome Powell about the direction of interest rates.

French unions seek to keep momentum in pension showdown

Opponents of France's controversial pension reform plan sought to keep up the momentum on a third day of protests and strikes, with turnout down on the previous week.

Vaughan set to be only charged person to attend Rafiq cricket racism hearing

Former England captain Michael Vaughan is the only charged individual still set to appear before a disciplinary hearing next month in relation to racism allegations made by his ex-Yorkshire team-mate Azeem Rafiq.

Stocks slide on US rate-hike expectations

Stock markets mostly fell Tuesday as investors braced for President Joe Biden's State of the Union address and fresh signals from US Federal Reserve chairman Jerome Powell about the direction of interest rates.

Canada records lower consumer goods imports, energy exports in December

Canada posted a smaller trade deficit in December as both exports and imports fell, but capped off the year with a surplus, the national statistical agency said Tuesday.

The Fort Worth Press - Economy (English)

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