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Tuesday, October 28, 2025
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BUSINESS

Boeing posts $3.8bn loss in fourth quarter

Boeing posted a fourth-quarter loss of $3.8 billion (€3.4 billion) on Tuesday as a machinists’ strike and other problems continued to plague the troubled...

Ex-Abercrombie CEO’s dementia ‘may leave him incompetent to face sex charges’

Defence lawyers say the former CEO of Abercrombie & Fitch may have dementia, and a competency hearing is necessary to determine if he can...

Pope seeks debt reduction for poorer countries to mark Vatican’s jubilee year

Pope Francis has called on wealthy countries and institutions to substantially reduce, if not outright cancel, debt as a matter of justice on the...

Bitcoin passes 100,000 dollars for first time

Bitcoin has topped 100,000 dollars (£78,701) for the first time as a massive rally rolls on, only hours after US President-elect Donald Trump picked...

General Motors lays off about 1,000 workers worldwide

General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global car market. The workers, mostly...

Meta fined nearly 800m euros for ‘abusive practices’ on Facebook ads business

European Union regulators have hit Facebook parent Meta with a fine of nearly 800 million euros for what they called “abusive practices” involving its...

French and Dutch investigators raid Netflix offices in finance probe

Prosecutors and police investigators who specialise in fighting fraud and corruption raided Netflix offices in France and the Netherlands on Tuesday, in a probe...

Beijing files complaint at WTO over EU tariffs on Chinese electric vehicles

China has moved forward with a complaint at the World Trade Organisation that alleges the European Union has improperly set anti-subsidy tariffs on new...

Financial co-operation and Brics expansion on table as Putin hosts leaders

Russia’s President Vladimir Putin has hosted China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the Brics bloc of...

Sean ‘Diddy’ Combs’ music streams jump after arrest and indictment

Sean “Diddy” Combs’ vast music catalogue has seen a jump in streams since his arrest last week and the unsealing of a charge against...

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