Apple shows pricey touchscreen laptops, a first for the iPhone maker

Apple CEO John Ternus ​unveiled the company's first touchscreen MacBooks Wednesday, abandoning a long-held aversion to the technology as it caps a burst of product launches ahead of the holiday shopping season. On stage at an Apple event in Los Angeles, Ternus showed ‌a MacBook Pro model with an organic light-emitting diode display, playing up the display's contrast, sharpness and brightness in front of an audience of content creators and creative professionals. He also said the company would re

Oct. 29, 2026

Carney reshapes Canada’s alliances as US ties strain

MONTREAL, Canada (AFP) -- Canadian Prime Minister Mark Carney will try to secure unprecedentedly close ties with the EU when he hosts the bloc's leaders this week, with the possibility of a special "associate member" status even being raised. But for Carney, who has assured Canadians they could trust him in a crisis, forging new agreements with Europe is just one piece of a plan to reposition Canada's place in the world in response to attacks from US President Donald Trump. "America is trying to

Oct. 28, 2026

Consumer brands warn of more price hikes as war costs bite

LONDON (Reuters) -- The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of further price hikes next year to cover rising costs even as shoppers remain reluctant to splurge on groceries. Higher energy, raw material and freight costs as a result of the US war on Iran mean that the companies making everything from laundry detergent to soda and snacks face a balancing act to protect profit margins. Even higher prices on everyday i

Oct. 28, 2026

Gas prices under Trump edge past Biden's as midterms loom

HOUSTON (Reuters) -- ​Americans have paid more for their gasoline and diesel at the pump on ‌average during President Donald Trump's second term than they did under his Democratic predecessor, Joe Biden, according to ‌the AAA. Surging fuel prices are a major thorn in Trump's side as midterm elections loom and the Republican Party looks ⁠to defend narrow majorities in both legislative chambers on Nov. 3. The price of a gallon of regular gasoline has averaged $3.472 ⁠a gallon since Trump took offi

Oct. 27, 2026

Microsoft offers voluntary exit packages to 60,000 staff

SAN FRANCISCO (AFP) -- Microsoft is offering voluntary buyouts to about 60,000 employees, the company said Monday, roughly a quarter of its workforce, as the tech giant seeks to cut costs while pouring money into artificial intelligence. Staff on select teams in the United States, Canada, India and Britain at vice president level and below will be eligible, a Microsoft spokesperson said, while some groups of employees, including some working on data centers, sales and marketing, are excluded. "T

Oct. 27, 2026

US, Canada working on deal to ease steel, auto tariffs

OTTAWA (Reuters) -- The United States and Canada are working on a deal to ease US tariffs on Canadian steel and autos, two US and four Canadian sources said, as the two governments try to repair relations that soured after trade talks broke down in August. The talks focus ‌on tariffs imposed under Section 232 of US trade law, including up to 50 percent tariff on Canadian steel and a 25 percent tariff on autos, with negotiators discussing potential relief from those duties. Just 32 percent of Ame

Oct. 27, 2026

Hacking attempts surge as companies, governments rush to patch PHP flaws

Global firms and governments rushed on Thursday to patch critical flaws in the ‌PHP programming language that underpins much of the internet, as cloud firms reported a surge of hacking attempts after the vulnerabilities were disclosed. The push came after governments in Europe and elsewhere took websites offline as a precaution on Wednesday while website operators scrambled to secure systems running the software. The emergency shutdowns of banking, airline, rail, tax and government services from

Oct. 23, 2026

Meta ordered to pay $25 billion penalty to New Mexico in data privacy case

A judge in New Mexico ordered Meta Platforms Wednesday ‌to pay the state $25 billion after a jury found the company had misled consumers about the privacy of their data, hitting the company with one of the largest financial penalties in US history. The ruling came in a case stemming from allegations that Cambridge Analytica, a British political consulting firm involved in Donald Trump's 2016 presidential campaign, obtained data from millions of ‌Facebook users without their consent. New Mexico h

Oct. 22, 2026

Musk calls Tesla-SpaceX merger 'good idea'

Elon Musk said Tuesday that a merger of his two companies SpaceX and Tesla would be "a good idea" and that they had formed special committees to discuss a union, sending shares of the space and technology company up 4.9 percent in extended trading. The company earlier posted its first profit as a public company and Musk said it was tracking an annual revenue run rate of up to $1 trillion. Musk has in the past ‌tantalized shareholders with the idea, citing growing overlap between the companies. S

Oct. 21, 2026

[Graphic News] Seoul rises to 7th in global financial hub ranking

Seoul ranked seventh among 139 cities in the latest Global Financial Centers Index, up one spot from March, the Seoul Metropolitan Government said. The capital also ranked seventh in fintech, its highest-ever position in the category, placing Seoul among the world’s top seven financial centers in both overall and digital finance competitiveness. The GFCI, released by London-based consultancy Z/Yen Group, assesses financial centers based on business environment, human capital, infrastructure, fin

Oct. 16, 2026

EU trade chief seeks ‘tangible outcomes’ in China talks

China and the European Union agreed on Friday to "strengthen" dialogue after talks between their commerce chiefs that sought to calm tensions and prevent a full-blown trade war. The EU's Maros Sefcovic and China's Wang Wentao reached an "understanding" on the trade of hybrid vehicles and would adhere to "procedures concerning company price undertakings", Beijing's commerce ministry said, citing a joint statement. Cheaper products coming from China have strangled European industry, including in t

Oct. 9, 2026

Trump says $8.4 billion oil project included in Korea deal

US President Donald Trump said Friday that an $8.4 billion enhanced oil recovery project is included in a deal with South Korea. “I am thrilled to announce the Republic of Korea Deal keeps getting BETTER! 8.4 Billion Dollars for an enhanced Oil Recovery Project,” Trump said in a post on his Truth Social account. “Producing more Oil and Gas means American Energy Dominance and Energy Security in the World for the Future!” he added. Enhanced oil recovery, or EOR, refers to techniques used to increa

Oct. 2, 2026

US firms add just 29,000 Jobs, unemployment rate ticks up

The US added fewer jobs than expected in September and wage growth slowed, pointing to employers’ cautiousness to hire amid rising costs. Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. That missed all estimates in a Bloomberg survey of economists. The unemployment rate rose to 4.2 percent, partly reflecting a growing workforce. Follow the reaction in real time here on Bloomberg’s TOPLive blo

Oct. 2, 2026

Uber to cut 3,300 jobs in management overhaul

Uber Technologies will cut ‌3,300 jobs, or roughly 10 percent of its global ‌workforce, as part of an overhaul, as it ⁠looks to reduce the number of managers, the company said ⁠on Wednesday. The cuts will ​reduce the number of managers ‌in the company by ‌20 percent, ‌CEO Dara Khosrowshahi ‌said in ​an email to employees. Uber ⁠had about 34,000 employees globally at the ⁠end ​of ⁠last year, according to its annual ​report. The ride-hailing firm's stock rose 2 percent ⁠on the ⁠news, ⁠which ‌was f

Sept. 2, 2026

Trump's financial disclosure reveals 2 Coupang stock trades in June

U.S. President Donald Trump made two trades in Coupang Inc. shares in June through his money managers, a financial disclosure report showed Friday, amid lingering tensions between Seoul and Washington over South Korea's regulatory response to a massive data breach involving the U.S.-listed e-commerce giant. Released on Aug. 22, the report filed with the U.S. Office of Government Ethics showed that Trump sold Coupang shares worth between US$1,001 and $15,000 on June 3, and purchased shares worth

Aug. 29, 2026