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US stocks retreat while yen gains on Bank of Japan rate hike

Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.

Serbians strike in protest over fatal roof collapse

Thousands of young people took to streets across Serbia on Friday, after student protest organisers called for a general strike over the fatal collapse of a train station roof in November.

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Meta plans to invest $60 bn or more in AI this year

Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.

Croatians boycott shopping to protest high prices

Supermarket aisles were quiet across Croatia on Friday as consumers protested high food prices by joining a boycott on shopping.

US home sales in 2024 weakest in nearly 30 years

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.

Stocks diverge as investors weigh earnings, Trump policies

Global stock markets were pulled in different directions on Friday as investors weighed corporate earnings, economic data and US President Donald Trump's policies.

Beached whales: Airbus grounds its massive Beluga cargo flights

European aerospace giant Airbus confirmed Friday that it was shutting down its speciality freight business using colossal Beluga jets, resulting in the loss of 75 jobs.

IMF chief tells Europe to take page out of US book

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."

Saudis showcase charm offensive in Davos

Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events.

Maltese businessman accused in journalist's murder granted bail

A Maltese businessman behind bars for five years for alleged involvement in the murder of the investigative journalist Daphne Caruana Galizia was granted bail Friday, even as he continues to await trial.

Kazakhstan delays release of Azerbaijan plane black box data

The publication of the black box data from an Azerbaijani plane that crashed in Kazakhstan last month has been delayed, a Kazakh official said Friday, after Azerbaijan accused Russia of shooting the airliner.

France asks EU to delay rights, environment business rules

France on Friday asked the European Union to suspend "indefinitely" landmark new rules on environmental and human rights supply chain standards, saying they were too burdensome for businesses.

Troubled Burberry shows sign of recovery despite sales drop

British fashion house Burberry announced Friday a further decline in sales, hit by weak demand in China, but the troubled group is showing signs of recovery under new leadership.

Italy's Monte dei Paschi bids 13.3 bn euros for Mediobanca

Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for its larger rival Mediobanca in a potential 13.3 billion euro ($13.9 billion) deal that could help reshape the country's banking sector.

How the Taliban restrict women's lives in Afghanistan

The Taliban authorities that rule Afghanistan have imposed a severe interpretation of Islamic law on the population, heavily restricting all aspects of women's lives.

Bank of Japan hikes interest rate to 17-year high, boosts yen

The Bank of Japan increased interest rates on Friday to their highest in 17 years and signalled more hikes to come, sending the yen higher against the dollar.

Catalonia eyes reversal of business exodus after big bank returns

Spanish business circles believe banking giant Sabadell's decision to return its headquarters to Catalonia will entice back the thousands of firms that fled after the region's botched 2017 independence bid.

Tajikistan launches crackdown on 'witchcraft' and fortune-telling

In a block of flats in Tajikistan's capital Dushanbe, a turbaned woman cautiously opened the door of her apartment a chink, letting out a waft of incense.

Bank of Japan hikes interest rate to 17-year high, signals more

The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline despite fears of turmoil under US President Donald Trump.

Asian markets build on Trump rally, yen climbs after BoJ cut

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan.

Asian markets build on Trump rally, yen steady ahead of BoJ

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

Fear in US border city as Trump launches immigration overhaul

Venezuelan Josnexcy Martinez, who is staying at a shelter in a Texas border city, said she's afraid of getting swept up in a raid targeting migrants even though she entered the country legally.

242 mn children's schooling disrupted by climate shocks in 2024: UNICEF

Extreme weather disrupted the schooling of about 242 million children in 85 countries last year -- roughly one in seven students, the UN children's agency reported Thursday, deploring an "overlooked" aspect of the climate crisis.

US Republicans pressure Democrats with 'born-alive' abortion bill

US House Republicans approved a bill on Thursday that would ensure medical care for infants born alive during abortion procedures, in a vote largely labeled a gimmick by Democrats since such laws already exist.

Frost & Sullivan Report Highlights SMX's Cutting-Edge Protection for Cyber Hardware and Electronics Empowering AI

MIAMI, FL / ACCESS Newswire / January 24, 2025 / SMX PLC (NASDAQ:SMX)(NASDAQ:SMXWW) is solidifying its position as a pivotal partner in developing digital solutions that drive and manage a global circular economy. At the forefront of these efforts is its recently launched proprietary hardware protection technology, specifically designed to safeguard the critical hardware essential for the Artificial Intelligence (AI) industry.

Valsoft Strengthens Point-of-Sale Solutions Portfolio with the Acquisition of Vigilix

MONTRÉAL, QC / ACCESS Newswire / January 24, 2025 / Valsoft Corporation Inc. ("Valsoft") a Canadian company specializing in the acquisition and development of vertical market software businesses, has solidified its position as a leader in the Point-of-Sale (POS) software sector with the acquisition of Vigilix. This strategic move significantly expands Valsoft's portfolio in the retail sector, enabling them to offer enhanced solutions for retailers across various industries, offering advanced Remote Monitoring and Management (RMM) capabilities for POS systems and retailers.

Liberty Supports Self-Employed Australians with Flexible Home Loan Solutions

Australia's large proportion of small business owners could reach their property goals sooner with the help of Liberty's free-thinking home loans.

Trump Davos address lifts S&P 500 to record, dents oil prices

The S&P 500 finished at a fresh all-time record Thursday as US stocks shrugged off early weakness, welcoming President Donald Trump's pledge to cut corporate taxes.

Between laughs and 'disaster', Trump divides Davos

As Donald Trump appeared on giant screens at the World Economic Forum in Davos, the world's rich and powerful rapturously applauded and snapped photos of the US leader. But by the end, the crowd had mixed feelings.

Hundreds of people protest ahead of Swiss Davos meeting

Some 300 people including two millionaires protested in Davos Sunday ahead of next week's gathering of the global elite at the World Economic Forum (WEF) in the Swiss Alps.

Sacklers, Purdue to pay $7.4 bn over opioid crisis

Several US states have reached a $7.4 billion settlement with the Sackler family and their pharmaceutical company Purdue over the opioid crisis that has ravaged the lives of millions of Americans, officials said Thursday.

US falling behind on wind power, think tank warns

The United States is falling behind the European Union in the rollout of wind power and risks being overtaken by China, a think tank said Thursday, days after Trump announced a crackdown on new wind projects.

US news giant CNN eyes 200 job cuts, streaming overhaul

US news network CNN will shed six percent of staff, some 200 people, the outlet said Thursday as it embarks on a major shakeup of staffing and programing amid a deluge of political news.

Rubio chooses Central America for first trip amid Panama Canal pressure

Marco Rubio will pay his first trip as US secretary of state to Central American nations including Panama, where President Donald Trump has threatened to seize the Panama Canal, a spokeswoman said Thursday.

The Fort Worth Press - Economy (English)