January2023

In response to militant rocket fire from the Palestinian enclave, Israel began airstrikes on Gaza on Friday. Tensions had increased following the deadliest army assault on the occupied West Bank in years. Following waves of rocket...

Bed Bath & Beyond Inc said on Thursday it had received a notice of default on its loan from JPMorgan Chase Bank N.A., triggering a 22% slump in its shares. The company said in a regulatory...

As Russia’s invasion continues, the harvest of grains and oilseeds in Ukraine will continue to drop this year, an industry official warned on Thursday, adding pressure to world food prices. According to Nikolay Gorbachov, president of...

As Tehran provides drones to Russia for its conflict in Ukraine, Israeli President Isaac Herzog on Thursday urged NATO to take a tougher stance on Iran. “The crisis there goes beyond the boundaries of Ukraine, with...

India’s Adani Enterprises Ltd began a record $2.45 billion secondary share sale for retail investors on Friday, as a heavy selloff in Adani group companies intensified after an attack by a U.S.-based short seller. The Adani...

Battery maker LG Energy Solution said on Friday its quarterly profit tripled as it ramped up production to address a huge order backlog from automakers rushing to take a bigger bite out of the growing electric...

South Korean display panel maker LG Display on Friday posted a record operating loss in the December quarter, as global demand for smartphones, computers and televisions remains depressed amid an uncertain economic outlook. The Apple Inc...

World output growth is projected to decelerate from an estimated 3.0 percent in 2022 to 1.9 percent in 2023, marking one of the lowest growth rates in recent decades, according to a UN report launched on...

The Philippines’ economic growth beat expectations last year, fuelled by strong consumer spending despite rising consumer prices, officials said Thursday. Gross domestic product expanded 7.6 percent in 2022, the state statistics agency said in a briefing,...

IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday. The computing company based in New...