US October trade deficit widens further on decline in exports
The US trade deficit continued to grow in October due to a fall in exports, according to government data published Wednesday.
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US private sector job growth slows in November
Hiring in the US private sector eased in November, as the post-pandemic boom in restaurant and hotel employment moderated, payroll firm ADP said Wednesday.
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EU seeks agreement on world's first AI law
The European Union will seek to thrash out an agreement on sweeping rules to regulate artificial intelligence on Wednesday, following months of difficult negotiations in particular on how to monitor generative AI applications like ChatGPT.
Read moreStock markets rise on rate-cut hopes
Global equities rose Wednesday with Frankfurt striking a record peak, as investors tracked resurgent hopes of interest rate cuts from the European Central Bank and the US Federal Reserve.
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Pressure mounts on COP28 president as fossil fuel debate sizzles
The Emirati head of UN climate talks faced growing pressure Wednesday to steer nations towards a consensus as negotiators sparred over the thorny issue of fossil fuels.
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Volkswagen to reduce workforce as it chases profits
Volkswagen said Wednesday it would cut its workforce over the coming years as the German auto giant seeks to boost its profitability and reboot a faltering shift to electric cars.
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UN seeks Israel access for Hamas sexual violence investigation
The UN rights chief voiced deep concern on Wednesday over allegations of sexual violence by Hamas militants during their October 7 attack, calling on Israel to allow his team in to investigate.
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Nadal confident he will be 'competitive' on return
Rafael Nadal on Wednesday insisted he will be "competitive" when he returns to professional tennis next month after enduring nearly a year out of action due to injury.
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Twitch to shut down in SKorea over 'seriously' high fees
US-based streaming platform Twitch said Wednesday it would stop its service in South Korea in February because of "seriously high" network costs, dealing a blow to millions of users in one of the heartlands of e-sports.
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Norman Lear, sitcom king who changed TV -- and America
Norman Lear was television's prolific genius whose trailblazing sitcoms in the 1970s and 1980s not only revolutionized US entertainment -- they helped change the way a nation saw itself.
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