Zambia’s inflation accelerated to a 16-month high in August, a week after the central bank increased its benchmark interest rate for the third time in a row to contain price growth pressures that are predicted to persist through to the first half of 2025.
The Philippines doesn’t recognize Beijing’s latest standard map showing its expansive South China Sea claims, joining opposition from India and Malaysia.
Microsoft Corp. tried to ward off further European Union antitrust scrutiny of its Teams video-conferencing app by offering to split the program from a broader business software package.
UBS Group AG will keep Credit Suisse’s domestic bank and fully integrate it, overriding local criticism that a merged entity will hold excessive sway over the country’s financial system.
Turkish growth slowed less than predicted in the second quarter, though activity is set to be subdued for the rest of the year as officials seek to put the economy on a more sustainable footing by raising interest rates.
European equities gained on Thursday as a rally in UBS Group AG, driven by the biggest-ever quarterly profit, outweighed signs of sticky inflation and mixed economic data from China.
Users of X, the social network formerly known as Twitter, will be able to make video and audio calls through the platform without having to share their phone number, owner Elon Musk said in a post Thursday, in the latest expansion of services as he seeks to create an “everything app.”
French inflation accelerated in August, adding to evidence of persisting pressures in the region just as European Central Bank officials prepare to decide whether to keep raising interest rates.
The US for the first time approved the transfer of weapons to Taiwan under a program usually reserved for sovereign states, the State Department said Wednesday.
Klarna Bank AB’s losses narrowed in the first half of the year as its growing customer base continued to pay back their buy-now-pay-later debts in the face of inflation pressures.
