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Gucci owner Kering's annual profit plunges
Gucci owner Kering reported a sharp drop in 2024 earnings on Tuesday, days after parting with its flagship brand's creative director in a bid to revive the struggling fashion house.
EU leaders vow 'firm' response to US tariffs
EU chief Ursula von der Leyen vowed on Tuesday to retaliate firmly against US President Donald Trump's decision to impose tariffs on steel and aluminium imports. "I deeply regret the US decision to impose tariffs on European steel and aluminium exports," European Commission president von der Leyen said in a statement.
New Zealand rethinks opposition to deep-sea mining
New Zealand is considering withdrawing its support for an international ban on deep-sea mining, the country's resources minister told AFP on Tuesday. "We're talking about this with our foreign affairs minister," he told AFP in an interview.
World leaders seek elusive AI common ground at Paris summit
World leaders were set to hold formal talks in Paris on Tuesday on artificial intelligence (AI), seeking elusive common ground on a technology subject to a global race for promised economic benefits.
Asian markets swing as tariff uncertainty looms large
Asian markets were mixed Tuesday following the previous day's global rally as traders keep a nervous eye on Donald Trump's next moves after he signed off on 25 percent tariffs for steel and alumium imports, having warned of more measures to come.
YouTube, the online video powerhouse, turns 20
YouTube has evolved from a dinner party lark 20 years ago into a modern lifestyle staple poised to overtake US cable television in paid viewership. - 'Part of me' - YouTube is projected to surpass all US cable television services in paid subscribers within two years, according to Benes.
Trump's tariff tactics may reshape global trade: analysts
US President Donald Trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to immigration and drug trafficking could redraw global trading norms, analysts say. To McDaniel, the risk of unilateral tariffs may upend global trade.
Elon Musk heads group trying to buy control of OpenAI: report
Elon Musk is leading an investment group offering $97.4 billion for the nonprofit that controls OpenAI, marking a new front in his war with the ChatGPT-maker, the Wall Street Journal reported Monday. "No thank you, but we will buy twitter for $9.74 billion if you want," OpenAI chief Sam Altman wrote in a post on X, formerly Twitter, apparently responding to the offer.
Trump team orders work pause at US consumer protection agency
Trump team orders work pause at US consumer protection agency
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