Business
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Instagram to court TikTok stars during turbulent times
Jan 24, 2025Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app’s future remains uncertain in the United States. After officially increasing the allowed length of videos and adding a new editing tool, Meta... -
Political crisis hits South Korea growth: central bank
Jan 23, 2025According to data released by the central bank on Thursday, South Korea’s economy grew more slowly in the last quarter of 2024 as the nation dealt with the aftermath of impeached President Yoon Suk Yeol’s temporary... -
Puma announced a cost-cutting programme after reporting 2024 net profit below the prior year’s level
Jan 23, 2025Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year’s level, missing its expectations. Net profit was 282 million euros ($294 million) for the year, compared to 305... -
Amazon.com to exit its operations in Quebec, leading to the loss of about 1,700 full-time jobs
Jan 23, 2025E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the... -
Donald Trump ordered a 75-day pause on enforcing a law to ban TikTok
Jan 23, 2025Newly inaugurated US President Donald Trump ordered a 75-day pause on enforcing a law that would effectively ban TikTok, marking one of his first acts in office. The executive order delayed implementation of the Protecting Americans... -
Netflix added nearly 19 million subscribers during the holiday season
Jan 23, 2025Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with more than 300 million subscribers. Company executives credited steady investments in shows and films with helping... -
EasyJet halved its Q1 losses on strong passenger demand for flights and package holidays
Jan 23, 2025British airline EasyJet said on Wednesday that it halved its first-quarter losses on strong passenger demand for flights and package holidays as well as easing fuel costs. Losses before taxes stood at o61 million ($75 million),... -
EV sales slip in Europe in 2024 in overall stable car market
Jan 22, 2025Sales of electric cars slid last year in Europe in an otherwise stable market, data from carmakers showed Tuesday. A total of 1.99 million battery electric vehicles were sold in Europe last year, a drop of... -
Facing Trump and Musk, EU lawmakers seek sure footing
Jan 21, 2025How do we respond to Donald Trump’s disruptive comeback to the White House and Elon Musk’s turbulent incursions into European issues as his billionaire ally? As the 27-nation bloc balances protecting its interests with avoiding the... -
Trump gives TikTok 75-day grace period from US ban
Jan 21, 2025Newly inaugurated US President Donald Trump ordered a 75-day pause on enforcing a law that would effectively ban TikTok, marking one of his first acts in office. The executive order delayed implementation of the Protecting Americans...
