Business and Economy



French PM says 'fate of France' at stake in confidence vote

AFP - 3h ago

French Prime Minister Francois Bayrou said on Sunday the destiny of France was at stake in a forthcoming confidence …

Britain's energy grid bets on flywheels to keep the lights on

AFP - 16h ago

Britain's energy operator is betting on an age-old technology to future-proof its grid, as the power plants that …

Indonesian islanders taking Swiss concrete giant to court over climate

AFP - 17h ago

Residents of the tiny Indonesian island of Pari, threatened with disappearance by rising sea levels driven by climate …

New wave: Sea power turned into energy at Los Angeles port

AFP - 20h ago

Floating blue paddles dance on the waves that lap a dock in the Port of Los Angeles, silently converting the power of …

US appeals court finds Trump's global tariffs illegal

Aug 29 2025

A US appeals court on Friday ruled that many of President Donald Trump's tariffs, which have upended global trade, were …

US Spirit Airlines files for bankruptcy again

Aug 29 2025

Budget US carrier Spirit Airlines said Friday that it will file for bankruptcy for the second time in a year, but will …

Stocks slide as US inflation clouds rates outlook

Aug 29 2025

Stock markets fell Friday, with Wall Street indexes retreating from record highs as a key US inflation reading …

In whirlwind tour, Qatari royal commits $70bn to southern Africa

Aug 29 2025

Qatari investment firm Al Mansour Holding has pledged $70 billion in investments across four southern Africa countries …

Hearing ends without ruling on Trump attempt to oust Fed Governor Cook

Aug 29 2025

A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to …

Court battle underway as Fed Governor Cook contests firing by Trump

Aug 29 2025

A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to …

Japan pledges $68 billion investment in India

Aug 29 2025

Japan pledged Friday to invest $68 billion in India during a visit by Prime Minister Narendra Modi to Tokyo, as the two …

US banana giant Chiquita returns to Panama

Aug 29 2025

US banana giant Chiquita Brands will resume operations in Panama and rehire thousands of workers fired after a crippling …

Austria orders YouTube to give users access to their data

Aug 29 2025

Austria's data protection authority said Friday that it has ordered YouTube to comply with EU regulations and respond to …

Stock markets retreat as US inflation clouds rates outlook

Aug 29 2025

Stock markets fell on Friday, with US indexes retreating from record highs as a key US inflation reading accelerated, …

European stocks retreat before US inflation data

Aug 29 2025

European stock markets fell Friday as investors digested mixed economic data, while shares in UK banks and the pound …

Swiss economic outlook 'dampened' by US tariffs: key barometer

Aug 29 2025

Switzerland's key economic barometer fell in August after US President Donald Trump imposed whopping tariffs on the …

Trump son hypes bitcoin on Hong Kong leg of Asia trip

Aug 29 2025

Eric Trump, son of the US president, urged a crowd in Hong Kong on Friday to buy bitcoin during a trip to Asia where his …

German unemployment tops 3 million, highest for a decade

Aug 29 2025

German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in …

Lay off our eggs market, French producers tell Ukraine

Aug 29 2025

The leading French eggs association has sounded alarm over the import of hundreds of thousands of eggs from Ukraine, …

Modi says India, Japan to 'shape the Asian century'

Aug 29 2025

India and Japan will "shape the Asian Century", Prime Minister Narendra Modi said Friday, on a visit expected to secure …

Asia stocks mixed after Wall St hits new highs

Aug 29 2025

Markets in Asia were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records, …

Vandalism hobbles Nigeria's mobile telephone services

Aug 29 2025

When cell phone and internet networks went down across nine states in Nigeria earlier this summer, leaving millions …

Japan seeks record defence budget, to triple drone spending

Aug 29 2025

Japan's defence ministry is aiming for a major boost to its drone arsenal as part of another record spending request …

US ends tariff exemption for small packages shipped globally

Aug 29 2025

The United States on Friday ended tariff exemptions on small packages entering the country from abroad, in a move that …

Cash-strapped Taliban look to airspace for windfall

Aug 29 2025

Far above Kabul, the cash-strapped Taliban government has located a potentially lucrative revenue stream: Afghanistan's …

Trump thumbs nose at decades of India courtship

Aug 29 2025

India once united US policymakers like few issues. For nearly three decades, US presidents of both parties courted New …

Trump moves to end US tariff exemption for small packages

Aug 28 2025

An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's …

US stocks reach new peaks as investors digest US GDP

Aug 28 2025

Two of Wall Street's major indexes closed at record highs Thursday, lifted by an upward revision to second-quarter US …

Brazil police target network that siphoned billions from fuel sector

Aug 28 2025

Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and …

US Fed Governor Lisa Cook sues Trump over move to fire her

Aug 28 2025

US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump's move to fire her -- as the …

Small parcels in limbo as Trump moves to end US tariff exemption

Aug 28 2025

An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's …

Luxury carmaker Lotus to slash UK jobs amid US tariffs

Aug 28 2025

Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty …

Stocks mixed as investors digest US GDP, Nvidia earnings

Aug 28 2025

Stock markets fluctuated Thursday as investors digested stronger-than-estimated US economic growth and record earnings …

Stocks mixed after Nvidia record earnings

Aug 28 2025

Major stock markets traded mixed Thursday after Nvidia's quarterly earnings beat expectations, but shares in the AI …

Swiss economy set to slow due to US tariffs

Aug 28 2025

The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs …

Asian markets mixed after Nvidia earnings

Aug 28 2025

Asian markets were mixed Thursday after AI powerhouse Nvidia's quarterly earnings beat expectations, but its shares …

Norway, environmentalists back in court over oil field permits

Aug 28 2025

The Norwegian state and environmental groups face off in court again Thursday over three oil fields ruled illegal last …

Nigerian designer pushes 'Afro-lux' onto the global fashion scene

Aug 28 2025

Its modern architecture complemented by latticework inspired by local Yoruba textiles, Alara, west Africa's first …

Qantas says profits up, strong travel demand ahead

Aug 28 2025

Qantas Airways said Thursday it lifted annual net profit and saw a bright outlook for travel demand, days after it was …

'Perfect storm': UK fishermen reel from octopus invasion

Aug 28 2025

When veteran fisherman Brian Tapper checked his 1,200 crab pots in waters off southwest England during this year's …

AI giant Nvidia beats earnings expectations but shares fall

Aug 27 2025

AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns …

AI giant Nvidia shares slip despite record sales

Aug 27 2025

AI powerhouse Nvidia on Wednesday reported quarterly earnings that beat market expectations, but shares slipped amid …

Stock markets waver before Nvidia reports profits climb

Aug 27 2025

Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …

Ex-Fed chief says Trump bid to oust US governor Cook 'dangerous'

Aug 27 2025

US President Donald Trump's move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicize the …

Defence giant Rheinmetall opens mega-plant as Europe rearms

Aug 27 2025

German weapons-maker Rheinmetall opened Europe's largest munitions plant on Wednesday, a move hailed as boosting Western …

Stock markets waver ahead of Nvidia earnings

Aug 27 2025

Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …

'Resident Evil' makers marvel at 'miracle' longevity

Aug 27 2025

When zombie-blasting survival game "Resident Evil" launched on the very first PlayStation console in 1996, Japanese …

Stock markets mixed ahead of Nvidia earnings

Aug 27 2025

Stock markets fluctuated on Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …

German factory outfitters warn of 'crisis' from US tariffs

Aug 27 2025

Germany's factory and equipment makers' federation warned Wednesday the sector is facing an "existential crisis" after …

US tariffs on Indian goods double to 50% over Russian oil purchases

Aug 27 2025

US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald …

Lego posts record sales, sees market share growing further: CEO

Aug 27 2025

Danish toymaker Lego, the world's biggest, posted record sales for the first half of the year and continues to gain …

Stock markets diverge awaiting Nvidia earnings

Aug 27 2025

Stock markets diverged Wednesday following broad losses in the previous session, as attention turned to a key earnings …

Asian markets diverge with eyes on Nvidia earnings

Aug 27 2025

Asian markets diverged Wednesday following broad losses the previous day, as attention turns from political pressure on …

SpaceX answers critics with successful Starship test flight

Aug 27 2025

SpaceX's Starship megarocket roared into the skies Tuesday on its tenth test flight, turning in a strong performance …

SpaceX's Starship megarocket launches on latest test flight

Aug 27 2025

SpaceX's Starship megarocket roared into the skies Tuesday on its 10th test flight, following a string of explosive …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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, …

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 …

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 …

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, …

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 …

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, …

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 …

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 -- …

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 …

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 …

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 …

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 …

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 …

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 …