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Stocks Climb as Fed Rate Cut Hopes Gather Pace

Stock markets rose Wednesday, following an overnight rally on Wall Street triggered by Federal Reserve chief Jerome Powell indicating greater openness to lowering U.S. interest rates, helping to ease trade war growth worries.

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Italy Faces EU Sanctions over High Debt, Deficit

The European Commission formally put Italy on notice Wednesday for its deteriorating deficit and huge debt, re-opening a battle with populist-led Rome.

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BMW Partners Jaguar Land Rover to Develop Electric Engine

German high-end car giant BMW and British group Jaguar Land Rover announced Wednesday they are teaming up to develop a new generation of electric motors.

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Striking French Workers Block World's Biggest Nutella Plant

A plant in northern France that makes a quarter of the world's Nutella has been blockaded for a week by workers striking for more pay, unions said Monday, in troubling news for consumers of the cocoa and hazelnut spread.

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Mexico President Announces Start of Work on $8 Billion Refinery

Mexican President Andres Manuel Lopez Obrador has officially launched the $8 billion construction of a controversial oil refinery that experts say is likely to blowout in cost.

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Makeup Giant Sephora to Close for Training over Racial Profiling

High street makeup powerhouse Sephora has announced it will close all its U.S. stores, distribution centres and corporate office for employee training after a racial profiling incident involving Grammy-nominated singer SZA.

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China's Huawei to Sell Stake in Undersea-Cable Unit

Huawei will sell its majority share in a submarine cable unit, the stake's buyer announced Monday, amid a US-led drive to isolate the Chinese telecom giant from global information networks over spying fears.

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Stock Markets Extend Drop, Oil Recovers

Stock markets fell further on Monday but oil recovered, with investors opting for haven assets such as the yen amid intensifying trade tensions.

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Connected Champagne Putting a Cork in Bogus Bubbly

Champagne is now connected: Thanks to tracking technology, champagne houses now have tools to better guard against fraud while gaining a new channel to interact with their customers.

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D-Day Tourism Boom Brings Crowds, and Controversy, to Normandy

The number of people visiting the World War II cemeteries, museums and battle sites along the Normandy coast of France has soared in recent years, creating a tourist windfall but generating criticism that a harrowing chapter of history is being sullied by crass commercialism.

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