BUSINESS

The High Court in London will examine over several months whether BHP was partly liable for the 2015 collapse of a dam at a mining waste site in Brazil.

China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy.

Carrefour told AFP that an internal probe had not confirmed most allegations but was planning on conducting an external review.

French drugmaker Sanofi's Monday confirmation that it plans to sell a controlling stake in its over-the-counter unit to a US investment fund sparked a new political backlash, stoked by fears the deal marks a loss of sovereignty over key medications.

Asian markets swung Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit a record high on geopolitical concerns.

The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion on revenue that jumped 15 percent compared with the same period a year earlier to $9.8 billion.

The measures include stricter controls on who can follow or message teen accounts and safety notices in Instagram direct messages and Facebook Messenger about suspicious cross-country conversations.

Amazon, Microsoft, and Google are now looking to outgun each other with announcements on atomic energy, which they hope will power a technology that is consuming electricity at an alarming rate.

Her remarks delivered in New York come as Trump vows to impose across-the-board levies on US imports, with a particularly high tariff level on Chinese goods.

The advocacy group Global Witness submitted eight ads containing false election claims to the Chinese-owned video-sharing app TikTok, the Meta-owned Facebook, and Google-owned YouTube to test their ad systems in the final stretch of the November 5 election.

The core Consumer Price Index eased from 2.8 percent in August as the pace of increase in electricity and gas prices relented, the internal affairs ministry said.

Ajay Banga spoke to AFP at the development lender's headquarters in Washington ahead of the Annual Meetings of the International Monetary Fund and the World Bank Group, which begin on Monday.

Data centers housing huge servers are springing up around the world to store the flood of data sucked up from billions of smartphones, tablets and other connected devices.

Nigeria's economic crisis and soaring petrol prices forced Bolaji Emmanuel to give up his driver and his Honda Pilot utility vehicle, as he struggles with spiking living costs.

A late downwards revision to September's inflation data may have made the decision even easier for the members of the ECB's rate-setting governing council.

Taiwan Semiconductor Manufacturing Company controls more than half the world's output of chips used in everything from Apple's iPhones to Nvidia's cutting-edge artificial intelligence hardware.

Seven & i Holdings last month rejected a US$40-billion takeover bid -- representing the biggest foreign takeover of a Japanese firm -- but the Canadian side has since sweetened the offer by around 20 percent.

Britain's annual inflation rate fell to a three-year low in September, official data showed Wednesday, fuelling speculation that the Bank of England will resume cutting interest rates next month.

Officials have in recent weeks unveiled a string of measures to reignite the world's number-two economy and bring an end to years of depressed business activity with an eye to achieving five percent annual growth.

Even President Emmanuel Macron is involved in the debate centered on a perceived "loss of sovereignty" if popular painkiller Doliprane falls into American hands.

The show, which lasts through Sunday, also comes as the European Union is set to begin imposing tariffs as high as 45 percent on imported Chinese electric cars, which it says are needed to create a level playing field as Chinese manufacturers receive massive state subsidies.

The agreement to buy energy from reactors built by Kairos Power came just weeks after word that Three Mile Island, the site of America's worst nuclear accident, will restart operations to provide energy to Microsoft.

The company announced a series of belt-tightening measures and production delays on Friday, as the strike of 33,000 workers has added to Boeing's litany of problems.

The sell-off came as the commodity is hit by worries about China's economic outlook after Beijing failed to announce any new stimulus at a weekend briefing, nor provide details on a raft of measures unveiled at the end of last month.

Republican candidate Donald Trump has proposed at least a 10 percent tariff on imports and up to 60 percent on Chinese goods, intensifying levies he previously imposed on Beijing and others.

The creator of the historical action game and "Just Dance" was booming as recently as 2020, rivalling its US and Japanese competitors.

Inflation fell to 1.8 percent across the 20 members of the euro area in September, the first time it has been below the ECB's target of two percent since 2021.

Gross domestic product grew 0.2 percent in the reported month compared with July, when output stalled, the Office for National Statistics said in a statement.

Investors and analysts expect China to unveil billions of dollars in new stimulus for its troubled economy Saturday as officials battle multiple headwinds including a prolonged housing crisis and sluggish consumption.