Business and Economy

Business and Economy Latest News

Asian markets rally again as rate cut hopes bring Christmas cheer
Asian markets rally again as rate cut hopes bring Christmas cheer
by  AFP

Equities extended a global rally Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors prepare for the festive break on a positive note. Precious metals were also pushing ever higher on the back of expectations for more US rate cuts, which makes them more attractive to investors.

Right wing urges boycott of iconic Brazilian flip-flops
Right wing urges boycott of iconic Brazilian flip-flops
by  AFP

Prominent figures on Brazil's right wing are calling for a boycott of Havaianas, the iconic Brazilian flip-flop sandals, over an ad seen as taking sides ahead of next year's presidential elections. I've seen many foreigners wearing this Brazilian flag on their feet... but I'm sorry, I'm going to throw these flip-flops in the trash," says the US-based, former Brazilian lawmaker.

Outcry follows CBS pulling program on prison key to Trump deportations
Outcry follows CBS pulling program on prison key to Trump deportations
by  AFP

The leadership of CBS News was facing accusations of political meddling on Monday over a last-minute decision to not air a report on the notorious Salvadoran prison where US President Donald Trump has sent deported migrants. CBS, which was purchased by the Trump-linked Ellison family earlier this year, said that the prison report needed "additional reporting."

Energy

Money

Industry

Technology

Economy