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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.
Health insurers: the 800-pound gorilla in profit-driven US system
Last week's slaying of UnitedHealthcare executive Brian Thompson has brought renewed attention to the widespread dissatisfaction with the American health care system, even as prominent leaders have condemned the killing.
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. - In South America, lithium lies in salt flats.
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. "We're still in the very early stages of this big push from Chinese game companies to release AAA games," said Ahmad, using an industry term for games with the biggest budgets.
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.
Galliano says leaving Maison Margiela after 10 years
British designer John Galliano said Wednesday he was stepping down as creative director at Maison Margiela after 10 years at the helm of the French label. Bottega Veneta creative director Matthieu Blazy, a 40-year-old Franco-Belgian who previously worked at Maison Margiela, has been heavily linked to that job. adp/jj
Germany's Scholz urges investment in 'future EU member' Ukraine
German Chancellor Olaf Scholz on Wednesday urged businesses to invest in war-torn Ukraine and stressed a commitment to smooth Kyiv's path to European Union accession. Germany would go "down this path together" with Ukraine towards accession, Scholz said.
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.
AFP
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