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Ben & Jerry's co-founder quits, says independence 'gone'
The co-founder of Ben & Jerry's has resigned from the ice cream brand after saying his company know for its social activism has lost "the independence to pursue our values" under the ownership of British giant Unilever.
Nestle share price slips as chairman follows CEO out the door
Nestle shares slipped on Wednesday after the Swiss food giant announced the earlier-than-expected departure of its chairman, just weeks after the sudden ouster of its chief executive over an office relationship.
UK inflation stable ahead of central bank rate call
British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of England will not cut interest rates again at its meeting this week. The BoE trimmed borrowing costs in August to four percent, its lowest level in 2.5 years, but is widely expected to maintain its key interest rate on Thursday and for the remainder of 2025.
Lower shipments to US, China weigh on Singapore August exports
Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest markets -- the US and China -- keep dropping. Singapore's non-oil domestic exports shrank by 11.3 percent August 2025, faster than the revised 4.7 percent fall in July 2025, the government's Enterprise Singapore body said.
India's gaming fans eye illegal sites after gambling ban
India's ban on online gambling has shuttered a billion-dollar industry serving hundreds of millions of people and torpedoed the sponsorship of the national cricket team. India's parliament last month passed a sweeping law banning online gambling after government figures showed companies had stripped $2.3 billion annually from 450 million people.
EU business lobby head says China rare earths snag persists
European firms still face challenges in securing access to crucial rare earths from China, a business lobby warned Wednesday, despite a July deal to speed up exports. Following a tense summit in July hosted by Beijing, European Union chief Ursula von der Leyen said that leaders had agreed to an improved mechanism for Chinese exports of rare earth minerals to the bloc.
Asian stocks swing as traders bide time ahead of US rate decision
Asian stock markets were mixed Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day. Still Asian traders remained cautious, after a tepid day on Wall Street.
US Fed set for first rate cut of 2025 as Trump pressure looms
The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks. Since its last cut in December, the Fed has held interest rates at a range between 4.25 percent and 4.50 percent.
Broadway jeering Caesars Times Square casino bet
The casino industry's quest to bring gambling to Manhattan faces a key test this week when an advisory panel weighs a Times Square proposal that has enraged much of Broadway. The two sides squared off last week at a rowdy public hearing, where Broadway League President Jason Laks was cheered by a sea of theater union workers in red "Vote No" t-shirts as he made his case.
AFP
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