BUSINESS

With Friday's non-farm payrolls showing the labor market slowing faster than expected, there is a growing worry that the world's top economy is heading for a recession, which sent stocks tumbling.

The rulings will be a huge test for the bloc's outgoing competition chief, Margrethe Vestager, who has suffered a series of setbacks in EU courts against her decisions.

Sanchez's visit to China has seen him meet top officials including President Xi Jinping and call for "dialogue and cooperation" with the world's second largest economy.

The agreement, which must be ratified by workers, includes a 25 percent wage increase over the four-year life of the contract, according to Boeing and the International Association of Machinists and Aerospace Workers (IAM) District 751, which represents more than 33,000 workers.

The trial in a federal court in northern Virginia follows a separate case where a judge last month found Google's search business to be an illegal monopoly.

Leaders in Beijing have been seeking to boost domestic activity as property sector woes and trade frictions weigh on confidence.

The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves.

In a lengthy post on Telegram, his first comment since his arrest, Durov said it was "surprising" he was being held responsible for other people's content.

The proposed purchase of Seven & i Holdings would be the biggest ever foreign takeover of a Japanese firm, merging 7-Eleven, Circle K and other brands across Asia, America and Europe.

Beijing for years dished out billions in loans for trains, roads and bridges in Africa that saddled participating governments with debts they often struggled to pay back.

The National Tortilla Council and technology firm Finsus have developed a mobile application that allows vendors of the staple food to charge customers using cards, QR codes or a cellphone number.

The 20-country single currency zone's recorded economic growth of 0.2 percent between April and June from the previous quarter, down from the 0.3 percent estimate in July.

The US space agency is enlisting SpaceX to rescue the astronauts because of safety concerns with Boeing's Starliner capsule, which encountered thruster malfunctions and helium leaks on its way to the orbital outpost.

Equities on Wednesday endured the most tumultuous day since early August after a weak read on US factory activity combined with a collapse in tech firms to cause a rout across the board.

The Athens resident only has about 150 euros ($170) to spare at the end of the month, and that is despite getting a good deal on rent and making a little more than minimum wage.

Access to X has been suspended in South America's largest country since Saturday after a long-running legal battle over disinformation ended with a judge ordering a shutdown.

While chip buyers do have options, Nvidia is considered the technology leader when it comes to AI chips even though rivals are working hard to compete.

Hong Kong-based Cathay, one of the largest operators worldwide of the A350 jetliner, grounded 48 planes for checks on Monday after a Zurich-bound flight had to return to the city shortly after take-off.

Sales of new cars plummeted in Germany in August, official data showed Wednesday, dragged down by a record fall in demand for electric vehicles in Europe's biggest auto market.

Hong Kong carrier Cathay Pacific said Tuesday that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded following a "first of its type" engine component failure.

Rising costs at the carmaker were cutting into profits, leaving Volkswagen facing "particularly significant challenges", the group said in an internal memo seen by AFP.

Access to the network in the country has been blocked since Saturday morning, hours after judge Alexandre de Moraes ordered the suspension of the platform.

VW admitted in 2015 that it had installed software to rig emissions levels in millions of vehicles worldwide, setting off one of Germany's biggest post-war industrial scandals.

While the Federal Reserve is widely expected to cut interest rates at its next meeting later in September, close attention is being paid to Friday's non-farm payrolls (NFP) figures, which are seen as playing a major role in how big the central bank will go.

Von der Leyen, who secured a second term as commission chief in July, is expected to unveil her proposed lineup following a Friday deadline for states to name their nominees.

Cathay is conducting fleet-wide inspection of its 48 Airbus A350 aircraft and "a number of aircraft will be out of service for several days", the airline said in a statement Monday night.

Canadian Prime Minister Justin Trudeau last month announced tariffs of 100 percent on Chinese EVs, accusing Beijing of "not playing by the same rules as other countries" in areas like environmental and labor standards.

Boosted by the Tesla Model Y, which accounted for 18.8 percent of sales, and to a lesser extent Hyundai's Kona and Nissan's Leaf, electric vehicles made up 94.3 percent of new car registrations, the Norwegian Road Federation (OFV) said.

Since last year, Microsoft, Google and their competitors have been rapidly deploying generative AI applications like ChatGPT, which produce all kinds of content on demand and give users the illusion of omniscience.