Business
December 12, 2025
US government shutdown costly for Delta airline
The longest shutdown of the United States government on record cost Delta Air Lines an estimated US$200 million, CEO Ed Bastian said Wednesday in the first disclosure by a US airline regarding the…
December 12, 2025
Paramount says China’s Tencent withdrew from Warner Bros bid to avert national security issues
Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.
December 12, 2025
Tariffs have cost American households US$1,200 each
Sweeping taxes on imports have cost the average American household nearly US$1,200 since Donald Trump returned to the White House this year, according to calculations by Democrats on Congress’ Joint…
December 12, 2025
Osman and Sleat | The limits of Xi and Putin’s no-limits partnership
Much has changed since Chinese President Xi Jinping and Russian President Vladimir Putin last stood together atop Tiananmen Square in 2015. When they did so again this week, it was supposedly as equal…
December 12, 2025
ECB leaves interest rates unchanged
The European Central Bank, ECB, left interest rates unchanged on Thursday with inflation back under control and the economy weathering Trump’s tariff onslaught better than expected. The bank’s…
December 12, 2025
Mustafa Suleyman | Seemingly conscious AI is coming
My life’s mission has been to create safe, beneficial AI that will make the world a better place. But recently, I’ve been increasingly concerned about people starting to believe so strongly in AIs as…
December 12, 2025
Anne Krueger | Trump’s effort to pick America’s corporate winners will end badly
For at least the last 150 years, state intervention in picking individual industries and firms to support has been shown to undermine productivity and weaken economic performance. When political…
December 12, 2025
Johnson and Klemmer | The Federal Reserve’s other problem
The US Federal Reserve is much in the news currently, as White House pressure for lower interest rates calls the Fed’s independence into question. But lurking just behind the headlines is another…
December 12, 2025
Nestlé cutting 16,000 jobs
Nestlé is cutting 16,000 jobs globally as the Swiss food giant cuts costs as part of its efforts to revive its financial performance. Nestlé, which makes Nescafé, KitKats, pet foods and many other…