Friday, June 19, 2026
Business
US State Dept walks back purported $400 mn Tesla contract
Washington (AFP) - The US State Department backtracked Thursday on a document saying it would award $400 million for electric...
PSG president Al-Khelaifi charged in French corporate abuse of power probe: source
Paris (AFP) - French judicial authorities have charged the president of Paris Saint-Germain football club, Nasser Al-Khelaifi, with complicity in...
Unilever announces profit slump on Russia exit
London (AFP) - British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia...
Germany’s Commerzbank to cut jobs to fight off UniCredit
Frankfurt (Germany) (AFP) - German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of...
Chevron to cut 15-20% of workforce by end of 2026: company
New York (AFP) - Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to...
AI feud: How Musk and Altman’s partnership turned toxic
San Francisco (AFP) - The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in...
Ford CEO says Trump policy uncertainty creating chaos
New York (AFP) - The Trump administration's tariff threats and animosity towards electric vehicles are producing a "lot of cost...
Galeries Lafayette owner Ginette Moulin dies aged 98
Paris (AFP) - The majority owner of the emblematic Parisian department store Galeries Lafayette, Ginette Moulin, has died aged 98,...
Altman says OpenAI ‘not for sale’ after Musk’s $97 bn bid
Paris (AFP) - Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in...
Trump team orders work pause at US consumer protection agency
Washington (AFP) - US President Donald Trump's administration has informed staff at the country's consumer protection agency that it is...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.