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19879 articles published since 08 Mar 2022

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Fighter jets, refuelling aircraft, frigate: UK assets in Mideast
Fighter jets, refuelling aircraft, frigate: UK assets in Mideast
Business and Economy

Britain is deploying extra fighter jets and other assets to the Middle East amid the escalating conflict between Israel and Iran, UK Prime Minister Keir Starmer has said. RAF Typhoon jets aided Israel in April 2024 when they shot down an unspecified number of drones fired by Iran, as confirmed by the UK's then-prime minister, Rishi Sunak.

Struggling Gucci owner's shares soar over new CEO reports
Struggling Gucci owner's shares soar over new CEO reports
Business and Economy

Shares in Gucci owner Kering jumped Monday over reports that the outgoing boss of French automaker Renault would take over as chief executive of the struggling luxury group. Le Figaro newspaper reported that de Meo would take over at Kering, the French luxury group that owns Gucci, Yves Saint Laurent, Balenciaga and other premium brands.

Renault boss Luca de Meo to step down, company says
Renault boss Luca de Meo to step down, company says
Business and Economy

The head of French carmarker Renault, Luca de Meo, is to quit "to take on new challenges outside the automobile sector", the company said on Sunday. "After five years leading Renault Group, Luca de Meo has announced his decision to leave his position," said a company statement, adding that his departure would take effect on July 15.

US Fed set to hold rates steady in the face of Trump pressure
US Fed set to hold rates steady in the face of Trump pressure
Business and Economy

The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs. But Powell has defended US central bank independence over interest rates when engaging with Trump.

Big tech on a quest for ideal AI device
Big tech on a quest for ideal AI device
Business and Economy

ChatGPT-maker OpenAI has enlisted the legendary designer behind the iPhone to create an irresistible gadget for using generative artificial intelligence (AI). Apple is being cautious embracing generative AI, slowly integrating it into iPhones even as rivals race ahead with the technology.

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