Business and Economy
Ex-Fed chief says Trump bid to oust US governor Cook 'dangerous'
AFP - 1h ago
US President Donald Trump's move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicize the …
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Defence giant Rheinmetall opens mega-plant as Europe rearms
AFP - 3h ago
German weapons-maker Rheinmetall opened Europe's largest munitions plant on Wednesday, a move hailed as boosting Western …
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Stock markets waver ahead of Nvidia earnings
AFP - 4h ago
Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …
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'Resident Evil' makers marvel at 'miracle' longevity
AFP - 4h ago
When zombie-blasting survival game "Resident Evil" launched on the very first PlayStation console in 1996, Japanese …
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Stock markets mixed ahead of Nvidia earnings
AFP - 1h ago
Stock markets fluctuated on Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …
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German factory outfitters warn of 'crisis' from US tariffs
AFP - 3h ago
Germany's factory and equipment makers' federation warned Wednesday the sector is facing an "existential crisis" after …
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US tariffs on Indian goods double to 50% over Russian oil purchases
AFP - 6h ago
US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald …
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Lego posts record sales, sees market share growing further: CEO
AFP - 6h ago
Danish toymaker Lego, the world's biggest, posted record sales for the first half of the year and continues to gain …
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Stock markets diverge awaiting Nvidia earnings
AFP - 2h ago
Stock markets diverged Wednesday following broad losses in the previous session, as attention turned to a key earnings …
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Asian markets diverge with eyes on Nvidia earnings
AFP - 2h ago
Asian markets diverged Wednesday following broad losses the previous day, as attention turns from political pressure on …
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SpaceX answers critics with successful Starship test flight
AFP - 1h ago
SpaceX's Starship megarocket roared into the skies Tuesday on its tenth test flight, turning in a strong performance …
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SpaceX's Starship megarocket launches on latest test flight
AFP - 1h ago
SpaceX's Starship megarocket roared into the skies Tuesday on its 10th test flight, following a string of explosive …
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US restaurant chain Cracker Barrel cracks, revives old logo
Aug 26 2025
US restaurant chain Cracker Barrel announced Tuesday it was reverting to its old logo after its rebrand sparked a …
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French political turmoil sends European stocks down, Wall Street edges up
Aug 26 2025
European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in …
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Trump moves to fire Fed governor, escalating effort to control central bank
Aug 26 2025
Donald Trump's move to fire Federal Reserve Governor Lisa Cook has marked a dramatic escalation in his effort to control …
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SpaceX set once more for Starship test flight
Aug 26 2025
SpaceX on Tuesday was once again gearing up for the latest launch of its Starship megarocket after two successive …
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Who is Lisa Cook, the Fed governor Trump seeks to fire?
Aug 26 2025
Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President …
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French political turmoil sends European stocks sliding
Aug 26 2025
European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in …
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Trump joins backlash against US restaurant Cracker Barrel
Aug 26 2025
US President Donald Trump on Tuesday urged restaurant chain Cracker Barrel to go back to its old logo, after its rebrand …
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Fed Governor Cook says Trump has no authority to fire her
Aug 26 2025
Federal Reserve Governor Lisa Cook rejected US President Donald Trump's unprecedented bid to oust her on Tuesday, saying …
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EU claims 'sovereign right' to regulate tech after Trump threat
Aug 26 2025
The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc …
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Stocks drop on France turmoil, Trump's Fed firing
Aug 26 2025
Stock markets fell Tuesday as political turmoil in France hit investors' risk appetite, as did US President Donald …
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The European laws curbing big tech... and irking Trump
Aug 26 2025
Fresh off a trade truce with Donald Trump, the EU is back in the US leader's crosshairs after he vowed to punish …
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Germany, Canada to cooperate on key raw materials
Aug 26 2025
Germany and Canada will sign an agreement Tuesday on boosting cooperation in the field of critical raw materials, …
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Global markets down after Trump Fed firing, tariff threats
Aug 26 2025
Global stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, …
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Asian stocks down after Trump Fed firing, tariff threats
Aug 26 2025
Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including …
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Trump moves to fire a Fed governor over mortgage fraud claims
Aug 26 2025
US President Donald Trump expanded pressure on the Federal Reserve on Monday by moving to fire Governor Lisa Cook …
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Indian readies for punishing US tariffs
Aug 26 2025
Indian exports to the United States will face some of the highest tariffs in the world this week, barring a last-minute …
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Australia joins countries suspending post to US
Aug 26 2025
Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a …
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Norway wealth fund divests from Caterpillar over Gaza 'rights violations'
Aug 26 2025
Norway's sovereign wealth fund said Monday that it had divested from US construction equipment firm Caterpillar over …
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Women's NBA could face lockout as union deal deadline looms
Aug 26 2025
Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to …
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Trump advisor says US may take stakes in other firms after Intel
Aug 26 2025
The US government could take stakes in other companies after doing so with chipmaker Intel, Donald Trump's top economic …
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Bolivia candidate vows to scrap China, Russia lithium deals
Aug 25 2025
Bolivian right-wing presidential hopeful Jorge Quiroga on Monday vowed to scrap billion-dollar lithium extraction deals …
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Diamond czar Maurice Tempelsman, Jackie O companion, dead at 95
Aug 25 2025
Maurice Tempelsman, a renowned diamond merchant and long-time companion of former US first lady Jacqueline Kennedy …
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Stocks edge downwards after rallying on US rate hopes
Aug 25 2025
Stocks mostly edged downwards on Monday, after rallies in Europe and the United States fueled by comments from the US …
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Musk's xAI sues Apple, OpenAI alleging antitrust violations
Aug 25 2025
Elon Musk's companies xAI and X filed a sweeping US antitrust lawsuit Monday against Apple and OpenAI, alleging the tech …
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European stocks fall back after rallying on US rate hopes
Aug 25 2025
Stocks slipped in European trading Monday as investors locked in gains fuelled by the clear shift toward lower rates by …
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Asian markets rally on US rate cut hopes
Aug 25 2025
Asian markets kicked off the week with a rally on Monday, tracking gains made by Wall Street on Friday after the US …
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China Evergrande Group delisted from Hong Kong stock exchange
Aug 25 2025
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim …
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Asian markets rise on US rate cut hopes
Aug 25 2025
Asian markets kicked off the week with a rally Monday morning, tracking gains made by Wall Street on Friday after the US …
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India's Modi dangles tax cuts as US tariffs loom
Aug 24 2025
Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of …
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Rebrand of US culture 'fixture' Cracker Barrel sparks backlash
Aug 23 2025
Cracker Barrel has a special place in the hearts of many Americans, offering homestyle American cuisine in a folksy "Old …
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Wall Street rallies, dollar drops as Fed chief fuels rate cut hopes
Aug 23 2025
Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest …
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Trump, Intel announce deal giving US a 10% stake in chipmaker
Aug 22 2025
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President …
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US Fed chair opens door to rate cut as Trump steps up pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, …
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Canada removing tariffs on US goods compliant with free trade deal
Aug 22 2025
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, …
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German, French post offices restrict packages to US over tariffs
Aug 22 2025
The postal services of Germany and France on Friday announced a raft of restrictions on package deliveries to the United …
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Embattled Bordeaux winemakers see Trump's tariffs as latest blow
Aug 22 2025
The sun is shining, the grapes are ripe and a good harvest is expected but a heavy cloud is looming over Laurent …
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US Fed chair leaves door open to rate cut as Trump steps up pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, …
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Wall Street rallies as Fed chief fuels rate cut hopes
Aug 22 2025
Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest …
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US Fed chair leaves door open to rate cut, facing down Trump pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, …
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TikTok's UK content moderation jobs at risk in AI shift
Aug 22 2025
Social media platform TikTok announced on Friday it will restructure its UK trust and safety operations, putting several …
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US wine sellers left in limbo despite EU tariff deal
Aug 22 2025
At a wine shop in Washington's Capitol Hill neighborhood, bottles sourced from Europe are becoming costlier to import -- …
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Pressure on Merz as Trump tariffs hit German economy
Aug 22 2025
Germany's economy shrank more than expected in the second quarter as US tariffs battered exports, official data showed …
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Australia orders audit of crypto trading giant Binance
Aug 22 2025
Australia has ordered the local arm of the world's largest cryptocurrency exchange, Binance, to appoint an external …
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Under Trump pressure, US Fed chief to walk tightrope in speech
Aug 22 2025
US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a …
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Nvidia chief says H20 chip shipments to China not a security concern
Aug 22 2025
Shipping Nvidia's H20 chips to China was "great" for Beijing and Washington and not a security threat, the tech giant's …
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Rice prices up 91 pct year-on-year in Japan
Aug 22 2025
Rice prices in Japan soared 90.7 percent in July year-on-year, official data showed Friday, but the rate of increase …
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Asian markets tick up as investors eye Jackson Hole meeting
Aug 22 2025
Asian markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed …
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Meta makes huge cloud computing deal with Google: source
Aug 22 2025
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source …
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Less tax, more luxury: millionaires flock to Dubai
Aug 22 2025
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy …
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Stocks waver ahead of Fed speech but EU tariff deal lifts Europe
Aug 21 2025
Global stock markets mostly fell Thursday ahead of a widely anticipated speech by the US central bank chief, although a …
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Walmart expects better sales, earnings as shoppers squeezed by tariffs
Aug 21 2025
Big-box retailer Walmart reported solid revenue growth Thursday and said that it expects better sales and earnings for …
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EU gets 15% US tariff for cars, but fails to get wine reprieve
Aug 21 2025
The US and EU released details of a trade deal Thursday that foresees lower car tariffs but no relief for Europe's wine …
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Google to provide Gemini AI tools to US government
Aug 21 2025
Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government …
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Stocks slide as investors await key Fed speech
Aug 21 2025
Stock markets mostly fell during cautious trading sessions Thursday, a day before a key speech expected to offer signals …
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EU gets 15% US tariff for cars, fails to secure wine reprieve
Aug 21 2025
Details of a US-EU trade deal published Thursday showed Brussels secured a tariff reduction for cars exported to the …
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Russian fuel prices surge after Ukraine hits refineries
Aug 21 2025
Russian fuel prices are at near-record highs, stock exchange data showed Thursday, after a slew of Ukrainian attacks on …
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Walmart lifts outlook for sales, earnings despite tariffs
Aug 21 2025
Big-box retailer Walmart hiked its outlook for sales and some earnings in results released Thursday, even as costs of …
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Microsoft re-joins handheld gaming fight against Nintendo's Switch
Aug 21 2025
The record launch in June for the Nintendo Switch 2, a game console that can be played at home or on the go, heralds a …
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Stocks slip as investors await key Fed speech
Aug 21 2025
Stock markets mostly fell during cautious trading sessions on Thursday, one day before a key speech expected to offer …
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Markets mixed as investors await key Fed speech
Aug 21 2025
Markets were varied during cautious trading sessions on Thursday, one day before a key speech expected to offer signals …
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Asian markets mixed as investors await key speech
Aug 21 2025
Asian markets were varied during cautious trading sessions on Thursday, one day before a key speech expected to offer …
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German firm gives 'second life' to used EV batteries
Aug 21 2025
A German company is putting used electric vehicle batteries to new use by stacking them into fridge-size units that …
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Africa could become 'renewable superpower', says Guterres
Aug 21 2025
Africa has everything it takes to become a "renewable superpower", UN head Antonio Guterres said Thursday, as he called …
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Asian markets creep up as investors await key speech
Aug 21 2025
Asian markets edged mostly upward in muted morning trading on Thursday, one day before a key speech expected to offer …
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PlayStation prices rise as US tariffs bite
Aug 21 2025
Sony on Wednesday said it is bumping up the price of PlayStation 5 video game consoles by $50 in the United States due …
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Trump raises pressure on Fed with call for governor to resign
Aug 20 2025
President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa …
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Stock markets diverge awaiting Fed signals as tech sell-off deepens
Aug 20 2025
Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while looking for clues on US …
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Google unveils latest Pixel phones packed with AI
Aug 20 2025
Google on Wednesday unveiled new Pixel 10 smartphones that promise more artificial intelligence capabilities, as it …
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Trump raises pressure on central bank, calls for Fed governor to resign
Aug 20 2025
President Donald Trump ramped up pressure on the US central bank Wednesday, calling for Federal Reserve Governor Lisa …
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Google packs new Pixel phones with AI
Aug 20 2025
Google on Wednesday unveiled new Pixel 10 smartphones, showcasing artificial intelligence (AI) capabilities woven into …
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French champagne harvest begins with 'promising' outlook
Aug 20 2025
France's Champagne region kicked off its official grape harvest Wednesday, with producers predicting a "promising" yield …
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Stock markets diverge as traders eye US rate signals
Aug 20 2025
Stock markets fluctuated on Wednesday, with many investors sticking to the sidelines while awaiting clues on US interest …
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Nestle unveils method to boost cocoa yields as climate change hits
Aug 20 2025
Faced with climate change diminishing farmers' yields, Nestle announced Wednesday that it was working on a technique to …
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Stock markets diverge after Wall Street tech sell-off
Aug 20 2025
Stock markets were mixed Wednesday after a US tech sell-off while investors awaited signals from US policymakers on the …
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Markets waver as Japan exports show tariff strain
Aug 20 2025
Markets were mixed Wednesday in the face of worrying signs for Japanese exports, as investors await signals from US …
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Asian markets waver as Japan exports show tariff strain
Aug 20 2025
Asian markets were mixed Wednesday in the face of worrying signs for Japanese exports, as investors await signals from …
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Asian markets dip after US tech slide
Aug 20 2025
Asian markets mostly fell Wednesday morning, mirroring a rout of US tech titans the previous day as investors await …
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US agrees to talks with Brazilian WTO delegates on tariffs
Aug 20 2025
The United States has agreed to Brazil's request to enter talks with the World Trade Organization (WTO) to discuss the …
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Stock markets cautious with eyes on Ukraine talks, US rates
Aug 19 2025
European stock markets rose while Wall Street mostly retreated Tuesday as investors warily eyed signs of progress in …
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'Call of Duty', 'Black Myth' wow Gamescom trade show
Aug 19 2025
A twisted futuristic version of "Call of Duty", Batman in Lego form and the "Resident Evil" series' ghoulish monsters …
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Air Canada flight attendants end strike after reaching 'tentative' deal
Aug 19 2025
Air Canada flight attendants ended their strike Tuesday after reaching a tentative deal with the carrier, which said it …
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UK drops demand for access to Apple user data
Aug 19 2025
Britain has dropped its request for access to Apple users' encrypted data, which had created friction between London and …
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Stock markets cautious with eyes on Ukraine talks
Aug 19 2025
Global stock markets traded cautiously and oil prices fell on Tuesday as investors eyed signs of progress in talks to …
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Markets cautious after Zelensky-Trump talks
Aug 19 2025
Stock markets traded in a narrow range Tuesday and oil prices dipped after US President Donald Trump held what he called …
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Google agrees to US$36m fine over Android search deals
Aug 19 2025
Google has agreed to pay a Aus$55 million (US$36 million) penalty for striking "anti-competitive" deals to pre-install …
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Air Canada flight attendants vow to defy back-to-work order as strike talks resume
Aug 19 2025
Striking Air Canada flight attendants vowed Monday to defy another back-to-work order from the country's labor tribunal, …
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'Call of Duty' to fire starting gun at Gamescom trade show
Aug 19 2025
Mega-selling first-person shooter franchise "Call of Duty" will blow open the Gamescom video games trade fair Tuesday, …
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Asian markets cautious after Zelensky-Trump talks
Aug 19 2025
Asian markets were little changed Tuesday after Wall Street treaded water and US President Donald Trump held what he …
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Stocks under pressure as Zelensky-Trump talks underway
Aug 18 2025
Shares in Europe largely dipped Monday while Wall Street treaded water, as Ukrainian President Volodymyr Zelensky and …
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Panama hopes to secure return of US banana giant Chiquita
Aug 18 2025
Panamanian President Jose Raul Mulino will meet with representatives of US banana giant Chiquita Brands in Brazil later …
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