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US judge orders Saudi engineer held in OpenAI case

A former OpenAI employee accused of planting a recording device at the company's San Francisco offices was ordered held without bail Monday after a federal judge deemed him a flight risk.

European stocks fall on unrest in France as Nasdaq bounces

Paris and Milan equities led a retreat across European stock markets Monday as escalating violence across France and street clashes in Italy's financial capital fueled concerns over elevated debt.

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US Fed expects interest rates to stay high 'for some time': minutes

All members of the US Federal Reserve's powerful rate-setting committee judged earlier this month that it would be appropriate to keep interest rates high "for some time" in order to tackle inflation, minutes of the meeting released Tuesday show.

Hundreds of thousands of civil servants go on strike in Quebec

Several hundred thousand school, hospital and social services workers in Canada's Quebec province walked off their jobs Tuesday for the first day of what is billed as a historic strike to demand better pay and working conditions.

Argentina's Milei may find an unexpected friend in the IMF

What will the relationship be like between Javier Milei, Argentina's new self-described "anarcho-capitalist" president, and the IMF, with which the Latin American country has an ongoing $44 billion loan agreement?

Argentine markets react with optimism to Milei election

Argentina's stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described "anarcho-capitalist" will bring.

Home sales in US slow in October to fresh 13-year low

Sales of existing homes in the United States slipped more than anticipated in October to a new 13-year low, according to industry data released Tuesday, on stubbornly low inventory and high mortgage rates.

Germany pledges $1.4 bn for Ukraine's army on Maidan anniversary

Germany on Tuesday unveiled another large military aid package for Ukraine during an unannounced visit to Kyiv by the defence minister that coincided with the 10th anniversary of the historic Maidan protests.

Global markets stumble as traders await Fed minutes

Asian and European stock markets mostly fell Tuesday as investors awaited minutes from the US Federal Reserve's most recent meeting for a steer on interest rates in the world's biggest economy.

Markets retreat but traders confident of Fed rate hikes ending

Stock markets mostly retreated Tuesday, though analysts said there was still confidence on trading floors that the Federal Reserve is finished hiking interest rates.

Musk's X sues media nonprofit over portrayal of site as full of anti-Semitism

Elon Musk's X Corp. on Monday sued nonprofit Media Matters for driving advertisers away from the platform formerly known as Twitter by portraying it as rife with anti-Semitic content.

World's oldest beauty adviser sitting pretty

Tomoko Horino's neighbours gossiped when she first went out to work in patriarchal 1960s Japan, but now, at age 100, the world's oldest beauty adviser is having the last laugh.

Napoleon letters from Russian campaign on sale as hat bags record

Eleven letters sent by Napoleon Bonaparte, including dispatches from the Kremlin, have gone on sale following the blockbuster auction of the diminutive French emperor's hat for $2.1 million.

Milei's Argentina dollarization plan has Latin American precursors

Argentine president-elect Javier Milei ran his campaign on promises to ditch the peso for the US dollar and do away with a central bank -- all in the name of subduing rampant inflation.

South Korean President Yoon kicks off three-day UK state visit

South Korean President Yoon Suk Yeol and First Lady Kim Keon Hee begin a three-day trip to the UK on Tuesday, with King Charles III hosting his first state visitors since his coronation.

OpenAI staff threaten mass exodus to join ex-CEO Altman

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft, deepening a crisis triggered by the shock sacking of CEO Sam Altman.

AI doomsayers blamed in OpenAI's undoing

OpenAI has gone from ruling the world of artificial intelligence with ChatGPT to chaos, its chief executive ousted seemingly for advancing too fast and too far with the risky technology.

Prince's ruffled shirt sells for $33,000

A silk shirt with a ruffled collar that helped define late music legend Prince's distinctive style has sold for $33,000.

OpenAI staff threaten mass exodus to join ex-CEO

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft, deepening a crisis triggered by the shock sacking of CEO Sam Altman.

Workers at Detroit's 'Big 3' ratify labor contract: union

Workers from Ford, General Motors and Stellantis ratified new contracts with hefty wage hikes, their union announced Monday, closing the books on an historic autoworkers strike at the three Detroit giants.

Milei says could take two years to tame Argentina's high inflation

President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

Stock markets diverge as traders eye Fed rate signal

Wall Street indices rose on Monday but European stock markets mostly fell as investors focus on whether the US Federal Reserve and other central banks are done hiking interest rates.

Hundreds of OpenAI staff threaten mass exodus to join ex-CEO

Hundreds of staff at OpenAI threatened to quit the leading artificial intelligence company on Monday and join Microsoft.

UK government prepares crunch budget with eyes on next election

Britain's Conservative government this week unveils a budget update that could determine its chances of re-election -- or the size of its defeat -- with promises to reinvigorate the economy as the party lags badly in the polls.

Messi's 2022 World Cup jerseys predicted to top $10 mln at auction

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at more than $10 million.

Global one-day temperature spikes above 2C for first time: EU monitor

The global average temperature on Friday was more than two degrees Celsius hotter than pre-industrial levels for the first time on record, Europe's Copernicus climate monitor said Monday.

Messi's 2022 World Cup jerseys to go up for auction

A set of six jerseys that Lionel Messi wore during Argentina's victorious 2022 World Cup run will be auctioned in December, Sotheby's announced Monday, estimating their value at $10 million.

Stock markets diverge as traders eye Fed minutes

Asian and European stock markets traded mixed Monday with investors focused firmly on whether the US Federal Reserve and other central banks have reached a peak over interest-rate hikes as inflation cools.

OpenAI stands by decision to fire Sam Altman despite pressure: US media

The board of ChatGPT creator OpenAI on Sunday rejected pressure from Microsoft and other major investors to reverse its stunning decision to fire CEO Sam Altman, US media reported.

Asian markets mosty up as traders eye Fed minutes

Asian stocks mostly rose Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle.

Asian markets mixed as traders eye Fed minutes

Asian stocks were mixed Monday following small gains on Wall Street as investors grow increasingly optimistic that the Federal Reserve has come to the end of its interest rate hiking cycle.

N.America fans show appetite for 'Hunger Games' prequel

A "Hunger Games" prequel from Lionsgate topped all other movies in North American theaters this weekend, gobbling an estimated $44 million in ticket sales, industry watcher Exhibitor Relations reported Sunday.

Napoleon's hat sells for record sum at French auction

A hat belonging to Napoleon Bonaparte when he was French emperor sold for a record of nearly two million euros at a French auction on Sunday, the auction house said.

Napoleon's hat sells for record 1.9 mn euros in French auction