International Business

Heads of IMF, World Bank pledge at COP29 climate summit to work with Trump

23andMe cuts 40% of its work force, discontinues therapeutics division

Waymo opens robotaxi service to anyone who wants a driverless ride in Los Angeles

My Little Pony finally enshrined in Toy Hall of Fame, alongside Phase 10 and Transformers

Amazon unit offers free computing power to AI researchers, aiming to challenge Nvidia

Major French newspapers seek legal action against social media platform X

Oil and gas major Shell wins appeal against landmark Dutch climate ruling

WTO may seek to reappoint its director-general ahead of Trump presidency

OPEC again cuts global oil demand growth forecasts for 2024, 2025

Segro to buy six Tritax EuroBox properties for €470-million in deal with Brookfield Asset Management

Home Depot forecasts smaller drop in annual sales as hurricane rebuild boosts quarter

Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises

New York Times Tech Guild ends strike

Chipotle Mexican Grill names Scott Boatwright as permanent CEO

COP29 countries endorse global carbon market framework

Collapsed crypto company FTX sues Binance and its former CEO for US$1.8-billion

Mattel says it ‘deeply’ regrets misprint on Wicked movie-themed dolls packaging that links to porn site

Hedge fund Elliott names first female partner, promotes two to management committee

Bitcoin soars to all-time high as Trump’s election win turbocharges cryptocurrencies

OpenAI, rivals seek new path to smarter AI as current methods hit limitations

How much does Canada owe in climate aid? A trillion-dollar question headlines COP29

COP29 climate talks open with calls for a path away from the ‘road to ruin.’ But the real focus is money

Oil falls on Chinese stimulus disappointment, supply outlook

U.S. lawmakers press top chip equipment makers for details on sales to China

Stellantis to lay off 400 workers at Detroit auto parts facility

Walmart to offer independent drivers in U.S. new holiday bonuses in battle with Amazon

TSMC to reportedly suspend production of advanced AI chips for China starting Monday

China unveils US$1.40-trillion local debt package, but no direct stimulus

Oil settles down 2% on receding hurricane risk, lacklustre China stimulus

Global solar capacity hits record two terawatts on path to climate goal: data

U.S. weekly unemployment claims increase marginally; unit labour costs stir inflation fears

Duke Energy sees up to $2.9-billion in restoration costs from three U.S. hurricanes

Nippon Steel hopes to close U.S. Steel deal before Trump returns to White House, executive says

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

U.S. Federal Reserve cuts rates by quarter of a percentage point, notes labour market easing

Bank of England cuts interest rates, but sees higher inflation after Labour government’s budget

Oil rises 1% as investors digest U.S. election fallout

U.S. crude inventories rose last week as exports fell, EIA says

Elon Musk’s ties to Trump will reverberate through Tesla, other interests

Oil prices rise as investors take stock of Trump’s election victory

Japan’s Seven & I reportedly exploring cutting Seven Bank holding to 38%

Trump victory to reverberate through global economy