A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images The European Union on Tuesday is expected to water down its effective ban on sales of new combustion-engine cars from 2035, after lobbying efforts from Germany,…
A staff member prepares for the arrival of Chinese Vice Premier Ding Xuexiang and EU Executive Vice-President for a Clean, Just and Competitive Transition, Teresa Ribera during China-EU Sixth High Level Environment and Climate Dialogue (HECD) at the Diaoyutai State Guest House in Beijing on July 14, 2025. Wang Zhao | Afp | Getty Images…
Meta’s social media platform Threads is rolling out updates to its communities feature. According to Meta, the platform is adding more topic-based spaces and testing new badges for active members. The company said that it has expanded the number of communities on Threads, making it easier for users to join conversations around shared interests….
Silicon Valley and Washington sees data centers as the backbone of America’s AI future. Residents who live next to them see giant, humming boxes that throw diesel exhaust into the air, drive up energy costs, and steamroll the look and feel of their neighborhoods—“a plague,” as Virginian anti-data center activist Elena Schlossberg put it. “If…
Emer MoreauBusiness reporter Getty Images The UK unemployment rate in the three months to October has increased to 5.1%, according to official figures. That marked a rise from 5% for the three months to September. The number of people in the UK who are unemployed is now at its highest level since January 2021, just…
Based on the HSBC Flash India Composite Output Index, the private sector saw robust business activity. (AI image) Business activity in India moderated in December, with the HSBC PMI Composite Index that measures India’s manufacturing and service sectors’ combined output, came in at 58.9, dropping from November’s 59.7. Despite this reduction, the index remained significantly…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec.15, 2025. Brendan McDermid | Reuters U.S. stocks of late have been shaky as investors turn away from artificial intelligence shares, especially those related to AI infrastructure, such as Oracle, Broadcom and CoreWeave. The worry is that…
Introduction: UK unemployment rate hits 5.1% Good morning and welcome to our rolling coverage of business, the financial markets and the world economy. Jobs reports from from both sides of the Atlantic are in focus today, as we get our final health check on the labour markets in the UK and the US. And the…
Piotr Swat | Lightrocket | Getty Images Korea Zinc shares plunged almost 14% on Tuesday, as its largest shareholder is reportedly opposing plans to create a U.S.-backed joint venture that will see a dilution of its equity stake in the South Korean company. Shares of the world’s largest zinc smelting company had climbed over 26%…
The Indian rupee’s near one-way slide over the past month, with the currency repeatedly touching all-time lows regardless of broader Asian market cues, is fuelling talk among bankers of heavier pushback from the central bank. The rupee has fallen about 2.5 per cent over the past month, driven by a persistent imbalance in…