Panama Canal says shipping rebound is underway after record drought
With a new approach to container ship bookings and a big dam project being considered, the Panama Canal says trade will continue to rebound from drought lows.
UK’s Starmer sets out new 2035 climate goal
PM Keir Starmer said Britain would cut greenhouse gas emissions by 81% by 2035 as he committed the country to a more ambitious climate goal at COP29.
Justin Welby resigns as Archbishop of Canterbury over abuse scandal
Archbishop of Canterbury Justin Welby has resigned “in sorrow,” saying he had failed to ensure there was a proper investigation into allegations of abuse.
Apple’s four-phone strategy is lagging. One idea to reviving sales: Cut the cameras
Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.
Apple won’t launch a smart ring, says Oura CEO: ‘It’s hard to do’
Samsung’s smart ring debut put the products firmly in the spotlight, with one analyst predicting that Apple could launch its own smart ring in 2026.
‘The market is right’: Former Fed policymaker Mester sees fewer rate cuts next year after Trump’s victory
The U.S. Federal Reserve could carry out fewer rate cuts than previously expected next year should President-elect Donald Trump’s proposed global tariffs take hold, former Fed policymaker Loretta Mester said Tuesday.
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.
Germany sets early election date for February after collapse of the ruling coalition
The date for the German federal election has been set for Feb. 23, earlier than Chancellor Olaf Scholz had originally proposed.
China’s Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.
Europe markets close 2% lower, logging worst daily fall since August as mining stocks slide
European markets closed lower Tuesday as investors assessed what U.S. President-elect Donald Trump’s return to the White House could mean for the region’s economy.
