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Chips, cars and cognac: What's on the menu for Xi's Europe visit On Sunday, Chinese President Xi Jinping will come to Europe for the first time in five years, staying in France until Tuesday. Aside from the Ukraine war, technology – computer chips and green tech in particular – could be the most...

Europe sees slide in foreign direct investment, EY survey shows The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic. Germany was hit particularly hard with a 12 percent drop in FDI projects, amid...

Paris 2024: Will the Olympics boost the French economy? With less than 100 days to go until the Paris 2024 Olympics, we’re looking into whether or not they will be a healthy investment for Paris and France as a whole. Will the Games boost the French economy? Or will the costs outweigh the...

US Federal Reserve keeps interest rate unchanged at 5.25%-5.50% as inflation sticks The US Federal Reserve has decided to keep its benchmark interest rate at 5.25 to 5.50 percent. Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and...

Dividend payments far outpace worker wages, Oxfam analysis finds To mark International Workers' Day, anti-poverty NGO Oxfam has released analysis showing that between 2020 and 2023, shareholders saw their dividend payments increase by 45 percent while workers saw their wages increase by just 3...

Former Binance CEO sentenced to four months in US prison for money laundering violations A court in Seattle has sentenced Changpeng Zhao, the founder and former CEO of the crypto exchange Binance, for violating US money laundering laws.The billionaire told the court that he had failed and that...

Paramount Global CEO steps down amid divisions over potential Skydance merger US Entertainment giant Paramount Global announced on Monday that CEO Bob Bakish was stepping down. In this edition, we take a closer look at how the company's controlling shareholder, Shari Redstone, may have been...

Tesla makes progress in securing China's approval for Self Driving Technology Tesla's shares surged after the EV maker won tentative approval to deploy its Full Self-Driving system in China, as Elon Musk met high-ranking officials on a surprise visit to Beijing. Plus, the French state has...

From mines to markets: How Africa and Europe can become green industry partners of choice China dominates the market across Africa in the search for raw materials, but other regions such as countries in Europe can offer more mutually beneficial alternatives for the continent. That's the view of...

US students seek universities' divestment from Israeli occupation and war A growing protest movement on US college campuses wants universities to sell off assets related to Israel's war in Gaza and its occupation of the West Bank. We take a closer look. Also, the French government offers to buy...

The US will ban TikTok unless it's sold off. What happens now? US President Joe Biden signed a law this week giving TikTok's Chinese owner ByteDance nine to 12 months to sell the popular video-sharing app or face a ban. The company has vowed to fight this in the courts. How might the showdown...

Meta beats expectations on revenue, profits but AI spending spooks investors Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure. Also in this edition: British mining...

Economy takes centre stage as India heads to the polls India has kicked off its marathon elections, with nearly a billion people eligible to cast ballots. High on voters' minds will be issues relating to the country's economy. How has the world's most populous nation and fifth-biggest economy...

Crisis-hit Boeing reports quarterly revenue drop Under intense pressure since a part of the fuselage on its 737 Max plane blew out mid-flight, Boeing reported its first-quarter results with revenue falling to $16.5 billion and a cash burn of nearly $4 billion... though they were still better...

After US Senate votes in favour of potential ban, what's next for TikTok? On Tuesday, the US Senate approved a measure that would force the owner of social media app TikTok to either sell the US unit of the company or face a ban. The Chinese-owned group stands to lose a lot if it leaves the US...