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Clerical sex abuse: Pope Francis's thorniest challenge

When Pope Francis took over in 2013, the Catholic Church was embroiled in a global scandal over child sex abuse by priests, and the institution's attempts to cover it up.

Nigerian Afrobeat legend Femi Kuti takes a look inward

Sat comfortably in a large chair at the New Afrika Shrine, his family's legendary Nigerian music venue, Femi Kuti was surrounded by history.

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Dreadlocks and downward dogs: Oslo's new bishop takes unorthodox approach

The day before she was ordained the Bishop of Oslo in the presence of Norway's king, Sunniva Gylver stretched out barefoot in front of the altar, leading a service that combined liturgy and yoga exercises.

Indonesia agrees deal with Apple that could end iPhone sales ban

Indonesia has struck a deal with Apple for the tech giant to invest in the country, its industry minister and the company said Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

Global stability threatened by backslide in cooperation: S.Africa

The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US treasury secretary.

BP ditches climate targets in pivot back to oil and gas

British energy giant BP launched a major pivot back to its more profitable oil and gas business Wednesday, shelving its once industry-leading targets on reducing carbon emissions and slashing clean energy investment.

EU seeks to balance business needs, climate goals

The EU on Wednesday unveiled a push to "simplify" its environmental rules to give businesses breathing room faced with competition from the United States and China -- while still vowing to decarbonise Europe's economy.

Stock markets rally with tech in focus

Asian and European stock markets rallied Wednesday, helped by renewed positivity over the tech sector, analysts said.

BP to up oil and gas output, slash clean energy spend in overhaul

BP plans to increase production of its more profitable oil and gas business and slash investment in cleaner energy, the British energy giant announced Wednesday to the dismay of environmentalists.

Los Angeles wildfires costliest in history: Munich Re

German reinsurance giant Munich Re said Wednesday that last month's huge wildfires in Los Angeles had been the costliest "in the history of the insurance industry".

AB InBev posts record sales in 2024 despite beer volumes slipping

AB InBev, the world's leading brewer whose portfolio includes Budweiser, Corona and Stella Artois, said revenue hit a record level in 2024 although beer volumes slid.

Aston Martin cuts jobs as weak China demand weighs

Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year.

Stellantis says 2024 profits fall 70% on N. America troubles

The Stellantis car giant -- which includes Fiat, Chrysler, Jeep and Peugeot -- on Wednesday reported a 70 percent fall in 2024 profits against the previous year because of troubles in North America.

'Joyful' South Koreans hope rising births will continue

South Koreans rejoiced Wednesday at news that the number of births had risen for the first time in about a decade -- a rare bright spot for a country facing a deepening demographic decline.

Indonesia agrees deal with Apple that could end iPhone sales ban: reports

Indonesia has struck a deal with Apple for the tech giant to invest in the country, local media reported a minister as saying Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

Tech surge helps Hong Kong lead most Asian markets higher

Hong Kong stocks resumed their impressive start to the year on Wednesday as they rocketed more than three percent on the back of a surge in tech firms fuelled by fresh optimism over the sector in China.

Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial intelligence institute.

Most Asian markets rebound as Hong Kong tech rally resumes

Asian markets mostly rose on Wednesday after a poor start to the week, with Hong Kong boosted by a rebound in tech firms that had taken a hit from US moves to curb Chinese investments in the country.

Under pressure, EU to take axe to green rules

The EU is expected to roll back a slew of environmental rules on Wednesday as it charges ahead with a deregulation drive in a bid to keep up with the United States and China.

BP to unveil strategy shakeup amid energy transition

British energy giant BP is set Wednesday to announce a shakeup to its strategy after a difficult trading year and as countries transition to cleaner energy.

Leading rare earths miner sees profits fall as prices sag

One of the world's largest rare earths producers outside China reported slumping net profits Wednesday, pointing to a "challenging" market for the hard-to-source metals used in renewable energy technologies.

Tesla sinks below $1 tn market value as European auto sales slump

Shares of the US electric vehicle pioneer Tesla plunged Tuesday, leaving its market value below $1 trillion as investors digested disappointing European sales and chief executive Elon Musk's aggressive foray into politics.

Japan's ANA to purchase mega-order of 77 new jets

Japan's biggest airline ANA Holdings announced Tuesday it will purchase 77 new aircraft from Boeing, Airbus and Embraer to replenish its fleet in order to serve growing passenger demand domestically and internationally.

US hardens visa sanctions over Cuba medical program

The United States on Tuesday expanded visa restrictions over Cuba's dispatch of doctors overseas, a program Havana sees as a source of influence and revenue but which has long faced accusations of exploitation.

'A normal family', says son of surgeon in French sex abuse trial

The youngest son of Joel Le Scouarnec, 74, a former surgeon on trial for the alleged assault or rape of 299 patients, told the court Tuesday that he remembered growing up in a "normal family" but in which some things were left "unsaid".

Stocks slide as US consumer confidence tumbles, tech slumps

Global stock indices slid on Tuesday after data showed US consumer confidence slumped, while US tech stocks took a further beating.

Germany's next leader grapples to boost defence spending

Germany's next leader, conservative Friedrich Merz, has raised the alarm over European defence but the clock is ticking for him to muster the funds needed to refurbish the armed forces.

Stock markets shrug off Trump trade war fears but tech sags

European and US stock markets largely shrugged off Tuesday the latest calls by US President Donald Trump for tariff threats, though tech stocks sagged.

UK PM pledges to spend 2.5 percent of GDP on defence by 2027

British Prime Minister Keir Starmer pledged Tuesday to boost defence spending to 2.5 percent of the economy by 2027, as uncertainty reigns over US President Donald Trump's commitment to European security.

German family-run machine maker issues SOS to future government

Facing a slowing German economy, high energy bills, onerous bureaucracy and the threat of US tariffs, a Black Forest-based factory equipment maker is issuing a plea for help to the country's next government.

Stock markets struggle on fears over Trump's China tech curbs

Stock markets struggled on Tuesday as US President Donald Trump reignited trade war fears after he called for fresh curbs on Chinese investments including in the tech sector.

Unilever boss to step down after less than two years at helm

British consumer goods giant Unilever on Tuesday said chief executive Hein Schumacher will step down on March 1 after less than two years in the post.

Kate Bush leads UK musicians in 'silent album' AI fight

Over 1,000 musicians including Kate Bush, Annie Lennox and Damon Albarn on Tuesday released a silent album in protest at proposed changes to UK copyright law around artificial intelligence (AI) which they say will legalise music theft.

Hein Schumacher to step down as Unilever CEO