Economy
China offers $325 bn in fiscal stimulus for ailing economy
China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.
Last-minute legal ruling allows betting on US election
Millions of dollars have poured into bets on who will win the US election after a last-minute court ruling opened up gambling on the vote, upping the stakes on a too-close-to-call race that has already put voters on edge.
Small Quebec company dominates one part of NHL hockey: jerseys
As a sport that involves men colliding at high speeds, bare-knuckle brawls, and a fair number of players with missing front teeth, ice hockey is not commonly linked to high fashion. That depends partly on the individual player's amount of ice time, and partly on his style of play in a sport where fights can involve grabbing or even tearing an opponent's jersey.
Boeing to cut 10% of workforce as it sees big Q3 loss
Boeing announced Friday that it plans to cut 10 percent of its workforce as it projected a large third-quarter loss in the wake of a machinist strike in the Seattle region. Boeing said the strike contributed to $3 billion in pre-tax charges to its commercial aviation results in the third quarter, part of an anticipated loss of $9.97 per share.
Senegal set to announce breakaway development agenda: PM
Senegal's government will on Monday present plans to break away from foreign dependence and debt in favour of local resources and human capital, said Prime Minister Ousmane Sonko. Sonko described Senegal's economic situation as "catastrophic" at the end of September following a government review of public finances.
Nigeria’s economy experiences surge in FX Inflow as naira appreciates against the dollar
The Nigerian economy experienced massive foreign exchange inflows in the first half of this year, totalling over $7 billion more than the 2023 inflow.
Sculptor Lalanne's animal creations sell for $59 mn
A giant bear, a winged rabbit and a rhino were among the 70 animal bronzes and stone works by celebrated sculptor Francois-Xavier Lalanne that fetched $59 million at Christie's in New York this week.
From Tesla to Trump: Behind Musk's giant leap into politics
With his no-holds-barred embrace of Donald Trump, Elon Musk is not only backing the former president's bid to return to the White House but also signaling his own ambition to command the world stage on his terms.
JPMorgan Chase profits top estimates, bank sees 'resilient' US economy
JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.
Economy
Load more