LONDON — You’re in a crowded bar when a thief watches you unlock your iPhone with your passcode, then swipes it. That sinking feeling hits when you realize it’s gone, along with priceless photos, important files, passwords on banking apps and other vital parts of your digital life. Apple rolled out an update to its…
ANKARA, Turkey — Turkey’s central bank raised its key interest rate by another 2.5 percentage points on Thursday, pressing ahead with a series of hikes aimed at combating inflation that reached nearly 65% in December. The bank brought its benchmark rate to 45%. It’s the eighth interest rate hike since President Recep Tayyip Erdogan has…
HELSINKI — Nokia on Thursday reported a double-digit decline in sales and a fall in profit in the last three months of 2023, with the wireless and fixed-network equipment maker saying operators are cutting back on investments into 5G and other technology because of economic uncertainty. The Espoo, Finland-based company reported net profit of 568…
Sports Illustrated’s future comes down to a high-stakes game of chicken between the iconic magazine’s billionaire overlords, The Post has learned. In one corner stands Manoj Bhargava, the founder of 5-Hour Energy and top shareholder of SI publisher The Arena Group, who made a risky bet to withhold paying the licensing fee in a bid…
Skydance Media CEO David Ellison has made a preliminary offer to buy National Amusements, the holding company of the Redstone family, as a way to take control of Paramount Global, Bloomberg News reported Wednesday. Ellison, son of Oracle founder Larry Ellison, has held discussions with Paramount about merging it with Skydance Media, after he takes…
FRANKFURT, Germany — European Central Bank President Christine Lagarde will likely push back Thursday against expectations for quick interest rate cuts even as Europe’s economy sputters and financial markets froth in hopes of cheaper credit that would boost business activity and stock prices. She will likely underline that the bank needs to see more proof…
For about two months, a barrage of missile and drone attacks in the Red Sea by Houthi militants has posed a difficult choice to shippers using the Suez Canal: risk an airborne strike and pay sharply higher insurance rates, or forgo the canal and take the longer route around Africa, snarling schedules and entailing higher…
KYIV, Ukraine — The U.N. High Commissioner for Refugees said Wednesday that he’s worried that the war in Ukraine has been forgotten as the country prepares to mark two years since the start of Russia’s full-scale invasion. UNHCR chief Filippo Grandi also told The Associated Press in an interview that it was important to remind…
TOKYO — Asian shares were mostly higher on Thursday, with Chinese stocks extending gains after Beijing announced a raft of policies to support sagging markets. Hong Kong rose 1.8% and Shanghai surged 3%. Benchmarks inched higher in Tokyo and Seoul. U.S. futures and oil prices advanced. Late Wednesday, the Chinese central bank announced a set…
Billionaire whose family trust owns the Tottenham Hotspur soccer club pleads guilty to insider trading in New York
End of content
End of content