Business
December 12, 2025
ECB leaves key rate unchanged as businesses weather US tariffs
The European Central Bank, ECB, left its key interest rate unchanged on Thursday as inflation remains under control and European businesses weather the impact of higher American tariffs better than…
December 12, 2025
Most major US airports among 40 to cut flights amid government shutdown
Airports in New York, Los Angeles and Chicago are among 40 of the busiest across the United States where flights will be cut starting Friday due to the government shutdown, according to a list…
December 12, 2025
AI’s impact could worsen gaps between world’s rich and poor, says UN report
Behind the hoopla over the promise of artificial intelligence lay difficult realities, including how such technology might affect people already disadvantaged in a data-driven world. A new report by…
December 12, 2025
Disney invests US$1b in OpenAI
Disney is investing US$1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company’s Sora video generation tool, in a licensing deal that the…
December 12, 2025
Judge orders search shake-up in subdued Google monopoly case ruling
After a five-year legal showdown pitting the US Department of Justice against Google, a federal judge concluded that the disruptive forces of artificial intelligence technology will have a better…
December 12, 2025
Fed Governor Lisa Cook wins first round in legal fight to fire her
A federal court has ruled that US Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her. The ruling, which will almost certainly…
December 12, 2025
China outlines more controls on exports of rare earths, technology
China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of the elements critical for many high-tech and military products ahead of a…
December 12, 2025
OpenAI partners with Walmart on shopping in ChatGPT
OpenAI is partnering with Walmart to let shoppers make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks…
December 12, 2025
Federal Reserve cuts key rate
The United States Federal Reserve cut its key interest rate on Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed…