Business and Economy



China says opposes new US tariffs, vows 'countermeasures'

AFP - 38m ago

China on Thursday said it "firmly opposes" sweeping new US tariffs on its exports and vowed "countermeasures to …

Trump sparks trade war with sweeping global tariffs

AFP - 22m ago

US President Donald Trump ignited a potentially ruinous global trade war Wednesday as he slapped 10 percent tariffs on …

Key details on Trump's market-shaking tariffs

Apr 03 2025

After weeks of anticipation, US President Donald Trump unveiled sweeping new tariffs on trading partners Wednesday, …

Stocks tank, havens rally as Trump tariffs fan trade war

Apr 03 2025

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a "haymaker" blow with sweeping tariffs …

US business groups voice dismay at Trump's new tariffs

Apr 03 2025

President Donald Trump's tariff announcement on Wednesday was widely panned by US business lobbying groups, who voiced …

Nintendo to launch Switch 2 console on June 5

Apr 03 2025

Nintendo's new Switch console will be launched on June 5, the Japanese video game giant said Wednesday, starting the …

Financial markets tumble after Trump tariff announcement

Apr 03 2025

Global financial markets were rocked on Wednesday by Donald Trump's announcement of sweeping tariffs, targeting China …

Starbucks faces new hot spill lawsuits weeks after $50mn ruling

Apr 03 2025

Starbucks was facing two new lawsuits over spilled hot drinks Wednesday, just weeks after a court ordered the coffee …

Europe riled, but plans cool-headed response to Trump's tariffs

Apr 03 2025

European politicians and a German industry group criticised US tariffs announced by President Donald Trump on Wednesday, …

'Shenmue' voted most influential video game ever in UK poll

Apr 03 2025

The 1999 action game "Shenmue" was on Thursday named the most influential video game of all time following a survey …

New coal capacity hit 20-year low in 2024: report

Apr 03 2025

The world added the smallest amount of new coal capacity in two decades last year, a report said Thursday, but use of …

'A little tough love': Top quotes from Trump tariff talk

AFP - 4h ago

US President Donald Trump unveiled his "Liberation Day" tariffs on Wednesday, sending fears of a trade war ricocheting …

US tariffs take aim everywhere, including uninhabited islands

AFP - 4h ago

The world's remotest corners couldn't hide from US President Donald Trump's global tariffs onslaught Wednesday -- even …

US stocks end up, but volatility ahead after latest Trump tariffs

AFP - 4h ago

Wall Street stocks finished higher Wednesday following a volatile session ahead of US President Donald Trump's latest …

Trump unveils sweeping global tariffs

AFP - 2h ago

US President Donald Trump on Wednesday unveiled a raft of punishing tariffs targeting countries around the world …

Tesla sales slump as pressure piles on Musk

AFP - 3h ago

Tesla's worldwide sales tumbled in the first quarter, piling further pressure on CEO Elon Musk who faces a growing …

Trump unveils sweeping 'Liberation Day' tariffs

AFP - 30m ago

US President Donald Trump on Wednesday unveiled sweeping "Liberation Day" tariffs targeting countries around the world, …

Boeing chief reports progress to Senate panel after 'serious missteps'

AFP - 4h ago

The head of Boeing acknowledged to lawmakers Wednesday that it made "serious missteps in recent years" while insisting …

Is Musk's political career descending to Earth?

AFP - 7h ago

Elon Musk's rise as President Donald Trump's all-powerful wingman was as rapid and unstoppable as one of his SpaceX …

On Mexico-US border, Trump's 'Liberation Day' brings fears for future

AFP - 4h ago

As dawn broke over the Mexican-US border on US President Donald Trump's "Liberation Day," Raul Hernandez steered his …

Starbucks faces new hot spill lawsuit weeks after $50mn ruling

AFP - 3h ago

Starbucks was facing another lawsuit over a spilled hot drink Wednesday, just weeks after a court ordered the coffee …

Greece to spend 25 bn euros in 'drastic' defence overhaul: PM

AFP - 2h ago

Greece will spend 25 billion euros ($27 billion) through to 2036 in the "most drastic" defence overhaul in its modern …

Trump to unveil 'Liberation Day' tariffs as world braces

AFP - 3h ago

US President Donald Trump geared up to unveil sweeping new "Liberation Day" tariffs on Wednesday in a move that …

US stocks advance ahead of looming Trump tariffs

AFP - 5h ago

Wall Street stocks rose ahead of US President Donald Trump's fresh wave of tariffs, while European stocks ended the day …

Tesla first quarter sales sink amid anger over Musk politics

AFP - 2h ago

Tesla reported a 13 percent drop in first quarter auto sales Wednesday amid lower production during factory upgrades and …

US, European stocks fall as looming Trump tariffs raise fears

AFP - 1h ago

US and European stock markets fell Wednesday as investors fretted over what shape US President Donald Trump's fresh wave …

Nintendo says Switch 2 console to be launched on June 5

AFP - 43m ago

Japanese video game giant Nintendo announced Wednesday that its new Switch console would be available on June 5, …

Trump set to unleash 'Liberation Day' tariffs

AFP - 2h ago

US President Donald Trump is poised to unveil sweeping new "Liberation Day" tariffs on Wednesday, but kept the world …

Deutsche Bank asset manager DWS fined 25 mn euros for 'greenwashing'

AFP - 11h ago

Deutsche Bank's asset management arm DWS was hit Wednesday with a 25-million-euro ($27-million) fine over misleading …

Nigerian president sacks board of state oil company

AFP - 7h ago

President Bola Tinubu dismissed the entire leadership of Nigeria's state-run oil company Wednesday, naming a former …

UK imposes online entry permit on European visitors

AFP - 12h ago

New rules came into force Wednesday requiring European visitors to the UK to buy an online entry permit as the …

Heathrow 'warned about power supply' days before shutdown

AFP - 8h ago

Heathrow airport was warned about its power supply in the days before the entire hub was shut down due to an outage that …

Stock markets mixed as uncertainty rules ahead of Trump tariffs

AFP - 3h ago

Stock markets diverged Wednesday as investors fretted over what shape US President Donald Trump's fresh wave of tariffs …

Swedish insurer drops $160 mn Tesla stake over labour rights

AFP - 9h ago

Swedish insurance company Folksam said Wednesday it had given up its $160 million stake in Tesla due to the electric …

'Give me a break': Trump tariffs threaten Japan auto sector

AFP - 15h ago

Business was already tough for auto parts maker Asahi Tekko, but with US car tariffs due to bite this week its president …

Asian markets edge up but uncertainty rules ahead of Trump tariffs

AFP - 4h ago

Asian markets edged up Wednesday as nervous investors brace for Donald Trump's wave of tariffs later in the day, though …

Nintendo to unveil upgrade to best-selling Switch console

AFP - 10h ago

Japanese video game giant Nintendo is set to unveil the new version of its hugely popular Switch console on Wednesday, …

Nintendo's megahit Switch console: what to know

AFP - 11h ago

Gaming giant Nintendo is set to unveil the successor to its phenomenally popular Switch console on Wednesday.

GM leads first quarter US auto sales as tariffs loom

AFP - 9h ago

General Motors led US vehicle sales in the first quarter, according to company reports Tuesday, as the industry braces …

Boeing chief to acknowledge 'serious missteps' at US Senate hearing

Apr 01 2025

The head of US aerospace giant Boeing will on Wednesday tell senators that the company has made "serious missteps in …

Stock markets mostly advance ahead of Trump tariffs deadline

Apr 01 2025

Global stock markets mostly rose Tuesday on a quiet day of trading ahead of US President Donald Trump's widely-touted …

Tesla sales tumble in Europe in the first quarter

Apr 01 2025

Tesla sales kept falling in March in many European markets as it suffered from a double blow of boycotts against the …

No 'eye for an eye' approach to US tariffs: Mexico

Apr 01 2025

Mexican President Claudia Sheinbaum said Tuesday there will be no "eye for an eye" approach as the country braces for …

Trump 'perfecting' new tariffs as nervous world braces

Apr 01 2025

US President Donald Trump kept the world's leading economies on edge Tuesday as he made final preparations for a …

US seeks death penalty for accused killer of insurance CEO

Apr 01 2025

US Attorney General Pam Bondi on Tuesday asked federal prosecutors to seek the death penalty for Luigi Mangione, who …

Trump puts world on edge as 'Liberation Day' tariffs loom

Apr 01 2025

Donald Trump had the world's leading economies on edge Tuesday as the US president prepared to unveil a promised raft of …

Stock markets advance ahead of Trump tariffs deadline

Apr 01 2025

Global stock markets rose Tuesday as investors hoped that a fresh round of global trade tariffs from US President Donald …

UK vows £20 million to boost drone and 'flying taxi' services

Apr 01 2025

The UK government said Tuesday it had pledged £20 million ($25.8 million) to help commercial drone services and "flying …

Ford's US auto sales dip in first quarter as tariffs loom

Apr 01 2025

Auto giant Ford reported a slight drop in first quarter US sales Tuesday, while investors await details of President …

Stock markets split ahead of Trump tariffs deadline

Apr 01 2025

Wall Street dipped but European and Asian stock markets rose Tuesday as investors waited nervously for a fresh round of …

UK Supreme Court opens car loans hearing as banks risk huge bill

Apr 01 2025

The UK's highest court on Tuesday began a hearing to determine whether controversial car loans were unlawful, in a case …

Trump signs executive order targeting ticket scalping

Apr 01 2025

With American entertainer Kid Rock at his side, US President Donald Trump signed an executive order Monday clamping down …

Chinese developer under scrutiny over Bangkok tower quake collapse

Apr 01 2025

A Chinese construction company is facing questions over the deadly collapse of a Bangkok skyscraper -- the only major …

Stock markets rise ahead of Trump tariffs deadline

Apr 01 2025

Asian and European stock markets advanced Tuesday, clawing back some of the recent hefty losses, as traders hoped for …

Facing US tariffs, Canadians hunt for business in Europe

Apr 01 2025

With his small steel mill facing hefty US tariffs, Canadian businessman Chris Wyatt is hunting for new European …

Carmakers face doubts and jolts over US tariffs

Apr 01 2025

Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United …

World economies brace for Trump tariffs deadline

Apr 01 2025

US trading partners scrambled Tuesday to prepare for the latest raft of Donald Trump tariffs, after the US president …

Stock markets edge up but Trump tariff fears dampen mood

Apr 01 2025

Asian and European markets squeezed out gains Tuesday, clawing back some of their recent hefty losses, though sluggish …

Trump says will be 'kind' with tariffs as deadline looms

Apr 01 2025

US trading partners were bracing Tuesday for an expected fresh raft of Donald Trump tariffs, while the US president …

Stock markets edge back but Trump tariff fears dampen mood

Apr 01 2025

Asian and European markets squeezed out gains Tuesday, clawing back some of their recent hefty losses, though sluggish …

'Heartbreaking' floods swamp Australia's cattle country

Apr 01 2025

Whole herds of cattle have drowned in vast inland floods sweeping across the Australian outback, officials said Tuesday, …

French prosecutors demand Volkswagen face fresh Dieselgate trial

Apr 01 2025

Prosecutors in Paris have called for German carmaker Volkswagen to face justice in France to compensate French consumers …

Asian markets edge back but Trump tariff fears dampen mood

Apr 01 2025

Asian markets mostly rose Tuesday, clawing back some of the hefty losses suffered in recent weeks, though sentiment …

Political support leading to increasing fallout for crypto

Apr 01 2025

Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose …

Trump tariffs threaten Latin American steel industry

Apr 01 2025

Chile's largest steel plant shut down last year, yielding to cheaper production in China.

'Tariff man': Trump's long history with trade wars

Apr 01 2025

Donald Trump loves few things more than talking about his affinity for tariffs, but it's nothing new: he's been saying …

Tariffs: Economic 'liberation' or straitjacket?

Apr 01 2025

US President Donald Trump has made tariffs a cornerstone of his trade policy, insisting that they will revive American …

What next for Venezuela as Trump goes after oil revenues?

Apr 01 2025

President Donald Trump has revoked the licenses that allowed several transnational oil and gas companies to operate in …

OpenAI says it raised $40 bn at valuation of $300 bn

Apr 01 2025

OpenAI on Monday said it raised $40 billion in a new funding round that valued the ChatGPT maker at $300 billion, the …

Wrexham reap financial rewards of Hollywood tie-up

Apr 01 2025

Hollywood stars Ryan Reynolds and Rob McElhenney have helped Welsh football club Wrexham secure record financial …

Falling inflation drives down poverty in Argentina: statistics agency

Mar 31 2025

Argentina's poverty levels fell sharply in the second half of 2024 after leaping during the first months of Javier …

SpaceX to launch private astronauts on first crewed polar orbit

Mar 31 2025

SpaceX is set to launch the first human spaceflight directly over Earth's polar regions on Monday -- a days-long, …

Michelin Guide unveils new stars for 68 restaurants in France

Mar 31 2025

The Michelin Guide handed out new stars to 68 restaurants in France on Monday at a ceremony that celebrated emerging …

World economies brace for Trump tariffs ahead of deadline

Mar 31 2025

World economies shuddered on Monday ahead of US President Donald Trump's "Liberation Day," when he is set to unleash …

Hard-hitting drama 'Adolescence' to be shown in UK schools

Mar 31 2025

The Netflix drama "Adolescence", which has sparked widespread debate about the toxic and misogynistic influences young …

Trump confident in finding TikTok buyer before deadline

Mar 31 2025

President Donald Trump again downplayed risks that TikTok is in danger of being banned in the United States, saying he …

Spain coal mine blast kills five

Mar 31 2025

Five people died and four were seriously injured in a blast Monday at a coal mine in northern Spain's Asturias region, …

S&P 500 falls into correction as tariff fears rattle stock markets

Mar 31 2025

Global stock markets were a sea of red Monday, with the S&P 500 falling into correction territory, ahead of a wave of US …

China property giant Vanke reports annual loss of $6.8 bn

Mar 31 2025

Debt-laden Chinese property giant Vanke reported annual losses of 49.5 billion yuan ($6.8 billion) on Monday, citing …

Japan leads hefty global stock market losses on tariff fears

Mar 31 2025

Global stock markets were a sea of red Monday and investors fled to gold ahead of a wave of US tariffs this week that …

Renault and Nissan shift gears on alliance

Mar 31 2025

Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings …

Primark boss resigns after inappropriate behaviour allegation

Mar 31 2025

Primark chief executive Paul Marchant has resigned following a company investigation into his behaviour toward a woman …

Japan leads hefty global stock market losses on tariff woes

Mar 31 2025

Global stock markets were a sea of red Monday and investors fled to gold ahead of a wave of US tariffs this week that …

Chinese tech giant Huawei says profits fell 28% last year

Mar 31 2025

Chinese smartphone maker giant Huawei said Monday that profits fell 28 percent last year as it faced international …

Clock ticks on Trump's reciprocal tariffs as countries seek reprieve

Mar 31 2025

The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide …

Trump says confident of TikTok deal before deadline

Mar 31 2025

President Donald Trump said Sunday he was confident of reaching a deal on TikTok ahead of the April 5 deadline for its …

Japan's Nikkei leads hefty market losses, gold hits record

Mar 31 2025

Tokyo led another plunge across Asian and European markets on Monday while gold hit a record high as investors steel …

Venezuela says US revoked transnational oil, gas company licenses

Mar 31 2025

The United States has revoked several transnational oil and gas companies' licenses to operate in Venezuela, Caracas …

Japan's Nikkei leads hefty equity market losses; gold hits record

Mar 31 2025

Tokyo led another plunge across Asian markets on Monday while gold hit a record high as investors steel themselves for a …

French chefs await new Michelin guide

Mar 31 2025

The Michelin guide is set to unveil its latest rankings of restaurants in France on Monday, which will identify the …

Trump says US tariffs to hit 'all countries'

Mar 31 2025

President Donald Trump said Sunday the tariffs he plans to impose in the coming days would include "all countries", not …

Computer pioneer Microsoft turns 50 in the age of AI

Mar 31 2025

Microsoft has been at the heart of computing for half a century, becoming a tech stalwart almost taken for granted as …

What happens on Trump's 'Liberation Day' and beyond?

Mar 31 2025

US President Donald Trump has launched a volley of tariffs impacting allies and adversaries this year, promising …

Japan-Australia flagship hydrogen project stumbles

Mar 31 2025

Japan wants to become a hydrogen fuel leader to meet its net-zero goals, but one blockbuster project is hanging in the …

Japan's Nikkei leads big losses in Asian markets as gold hits record

Mar 31 2025

Tokyo led another plunge across Asian markets Monday while gold hit a record high as investors steel themselves for a …

Four men loom large in Microsoft history

Mar 31 2025

Microsoft was shaped by Bill Gates, Paul Allen, Steve Ballmer and Satya Nadella over the course of the last half-century …

Liberal PM Carney takes lead four weeks before Canada vote

Mar 31 2025

Four weeks before Canadians vote in a general election where threats by US President Donald Trump have taken center …

Economy and especially Trump: Canadians' thoughts on campaigns

Mar 31 2025

Canadians are going to the polls on April 28 to elect a new government at a time of unprecedented turmoil with the …

Musk money overshadows Wisconsin court vote

Mar 31 2025

An election to choose a new supreme court judge in the northern US state of Wisconsin wouldn't usually make much noise.

In Turkey, new technologies reinforce repression

Mar 30 2025

With anti-government protests sweeping across Turkey, the authorities have used all technological means to try to curb …

China, South Korea and Japan agree to strengthen free trade

Mar 30 2025

China, South Korea and Japan agreed Sunday to strengthen free trade in the face of a raft of new tariffs imposed by US …

'Something is rotten': Apple's AI strategy faces doubts

Mar 30 2025

Has Apple, the biggest company in the world, bungled its generative artificial intelligence strategy?