Business and Economy
Boom or bubble: How long can the AI investment craze last?
AFP - 1h ago
The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would …
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US Treasury chief says 'fully prepared' to support struggling Argentina
AFP - 2h ago
US Treasury Secretary Scott Bessent said Thursday that his agency was "fully prepared to do what is necessary" in …
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Musk joins 'cancel Netflix' campaign
AFP - 3h ago
Elon Musk has urged his 227 million social media followers to cancel their Netflix subscriptions, accusing the streaming …
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Tech stocks fuel Asian and European gains, Wall Street wobbles
AFP - 3h ago
A surge in tech stocks helped fuel gains in Asia and Europe, but Wall Street wobbled as a partial US government shutdown …
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Tesla car sales lifted by end of US electric auto tax credit
AFP - 3h ago
Tesla reported higher global third-quarter auto deliveries on Thursday, joining a broad slate of automakers seeing a …
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Stock markets surge on tech rally, US rate hopes
AFP - 2h ago
Equities jumped Thursday thanks to gains in tech stocks and as weak US jobs data fanned optimism for more interest rate …
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Germany reviews warship order after delays
AFP - 5h ago
Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German …
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Spain hosts record number of summer tourists
AFP - 6h ago
Spain welcomed a record 22.3 million foreign tourists in the key summer holiday months of July and August as the sector …
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OpenAI valuation soars to $500 bn in private share sale: reports
AFP - 8h ago
The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a …
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Markets surge on US rate hopes, tech fired by chip deal
AFP - 3h ago
Equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate …
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UK supermarket Tesco lifts profit outlook on competitive prices
AFP - 8h ago
Britain's largest retailer Tesco on Thursday raised its 2025/2026 profit guidance as the supermarket chain won customers …
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Elon Musk halfway to becoming world's first trillionaire: report
AFP - 15h ago
Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes …
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Asian markets surge on US rate hopes, tech fired by chip deal
AFP - 4h ago
Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest …
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Rising wildfires spur comeback for Canadian water bomber
AFP - 18h ago
The Canadair water bomber revolutionized the fight against wildfires after it debuted in the skies decades ago.
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G7 ministers to target those increasing Russia oil purchases
AFP - 18h ago
G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, …
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Air traffic controllers warn of US shutdown strain
Oct 01 2025
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government …
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Dow, S&P 500 end at records despite US government shutdown
Oct 01 2025
Wall Street stocks rose again Wednesday, shrugging off the partial US government shutdown as major indices finished at …
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Trump says to push China's Xi on soybeans as US farmers struggle
Oct 01 2025
President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when …
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Supreme Court blocks Trump from immediately firing Fed governor
Oct 01 2025
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the …
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Shein picks France for its first permanent stores
Oct 01 2025
Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in …
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Supreme Court blocks Trump from immediately firing Fed Gov. Cook
Oct 01 2025
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the …
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Wall Street stocks shrug off start of US shutdown
Oct 01 2025
Wall Street stocks shrugged off early losses on Wednesday as the US government started to shut down after Democrats and …
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UK's Labour govt plans permanent fracking ban
Oct 01 2025
Britain's Labour government plans to permanently ban fracking, a highly controversial method of extracting fossil fuels, …
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Wall Street stocks slide as US shutdown begins
Oct 01 2025
Wall Street stocks slid on Wednesday as the US government started to shut down after Democrats and President Donald …
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Meta defends ads model in 550-mn-euro data protection trial
Oct 01 2025
Facebook owner Meta on Wednesday defended its advertising model in a 550-million-euro trial in Spain over alleged …
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YouTube, platforms not cooperating enough on EU content disputes: report
Oct 01 2025
An independent appeals body tasked with resolving disputes between social media platforms and EU users on Wednesday …
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EU eyes higher steel tariffs, taking page from US
Oct 01 2025
The EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the …
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European stocks rise, Wall St futures drop as US shutdown begins
Oct 01 2025
European stocks and gold prices rose, while Wall Street futures fell on Wednesday as the US government shut down after …
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Thousands protest in Greece over 13-hour workday plans
Oct 01 2025
Thousands of Greek workers prompted large-scale disruption during a 24-hour general strike on Wednesday, protesting …
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Spanish court opens 550-mn-euro Meta data protection trial
Oct 01 2025
A Spanish court opened a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media …
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Gold hits record, Wall St futures drop as US shutdown begins
Oct 01 2025
Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after …
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Taiwan says 'will not agree' to making 50% of its chips in US
Oct 01 2025
Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff …
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Gold hits record, Wall St futures drop as US heads for shutdown
Oct 01 2025
Gold hit a record high and Wall Street futures fell Wednesday as the US government went into shutdown after lawmakers in …
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India ready to rev up chipmaking, industry pioneer says
Oct 01 2025
When Prime Minister Narendra Modi declared India's "late entry" into the global semiconductor race, he pinned hopes on …
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Asian stocks mixed, Wall St futures drop as US heads for shutdown
Oct 01 2025
Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington …
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South Korea posts record semiconductor exports in September
Oct 01 2025
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite …
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Nike shares rally on progress in turnaround
Sep 30 2025
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a …
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Stars align for Louis Vuitton, Stella McCartney at Paris Fashion Week
Sep 30 2025
Louis Vuitton showcased a collection of flouncy skirts and sculptural ruffles in front of a star-packed audience while …
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Dow ends at record as US stocks shrug off shutdown risk
Sep 30 2025
The Dow finished at a fresh record Tuesday as markets largely shrugged off the likelihood of a partial US government …
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Amazon adds AI muscle to connected home lineup
Sep 30 2025
Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence …
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Trump announces Pfizer deal he says will lower certain drug prices
Sep 30 2025
The Trump administration on Tuesday announced a deal granting Pfizer a three-year reprieve on planned tariffs as the …
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Board of Spain's Sabadell bank rejects improved BBVA takeover bid
Sep 30 2025
The board of Spanish bank Sabadell on Tuesday rejected larger national rival BBVA's improved hostile takeover bid as 10 …
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US stocks slip as government shutdown looms
Sep 30 2025
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a …
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ECB chief says eurozone weathering Trump tariff storm
Sep 30 2025
European Central Bank chief Christine Lagarde said Tuesday US tariffs had not hit the eurozone as badly as feared, but …
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US stocks fall as government shutdown looms
Sep 30 2025
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a …
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Spotify founder Daniel Ek to give up CEO role
Sep 30 2025
Spotify co-founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two …
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EU green lights Prada's bid for Versace
Sep 30 2025
The EU on Tuesday cleared Italian fashion label Prada's 1.25-billion-euro ($1.5-billion) purchase of rival Versace after …
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Gold hits record, dollar drops as US shutdown looms
Sep 30 2025
Gold prices hit another record high, the dollar dropped and stock markets traded mixed Tuesday as traders prepared for a …
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Gold hits record, stocks mixed as US shutdown looms
Sep 30 2025
Gold hit another record Tuesday, while equity markets were mixed as traders prepared for a possible US government …
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US tariffs on lumber imports set for October 14
Sep 30 2025
US President Donald Trump on Monday set a slate of tariffs for lumber imports to go into effect October 14.
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Stocks rise, gold hits record as rate cuts and shutdown loom
Sep 30 2025
Equities rallied for a second day and gold hit another record Tuesday on growing Federal Reserve interest rate optimism, …
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Stock markets shrug off US government shutdown fears
Sep 29 2025
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown as markets …
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Anthropic launches new AI model, touting coding supremacy
Sep 29 2025
US startup Anthropic on Monday announced the launch of its new generative artificial intelligence model, Claude Sonnet …
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Electronic Arts to be bought by Saudi-led consortium for $55 bn
Sep 29 2025
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 …
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TotalEnergies to boost output, cut $7.5 bn in costs
Sep 29 2025
French group TotalEnergies on Monday announced plans to increase oil, gas and electricity production while cutting …
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Stock markets shrug off looming US government shutdown
Sep 29 2025
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown.
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Jaguar Land Rover to partly resume output after cyberattack
Sep 29 2025
Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack …
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Stocks gain, gold hits record as Trump readies new tariffs
Sep 29 2025
European and Asian stock markets largely gained Monday and gold hit a record high after US inflation figures met …
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GSK switches CEO as Trump tariffs test pharma
Sep 29 2025
British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief …
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Germany's Lufthansa to slash 4,000 jobs as headwinds mount
Sep 29 2025
Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of the German airline giant's workforce, after profits …
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Most markets track Wall St gains after US inflation data
Sep 29 2025
Most markets rose Monday and gold hit a record high following US inflation figures that met expectations and soothed …
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Germany's Lufthansa to slash 4,000 jobs by 2030
Sep 29 2025
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move …
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Embattled Australia telco giant hit by another major outage
Sep 29 2025
Australian telecommunications giant Optus said Monday it had suffered a network outage that prevented calls to emergency …
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Most Asian markets track Wall St higher after US inflation data
Sep 29 2025
Most Asian markets rose Monday, tracking gains on Wall Street, following US inflation figures that met expectations and …
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Stars turn out for Armani's final collection in Milan
Sep 28 2025
Hollywood stars Cate Blanchett, Glenn Close and Richard Gere turned out Sunday for the Giorgio Armani show in Milan, the …
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Slips, salt and stripes: key looks from Milan fashion week
Sep 28 2025
The main shows at Milan Fashion Week wrap up Sunday after another season of knock-out dresses, immaculate tailoring, …
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Trump urges Microsoft to fire ex-Biden administration official
Sep 26 2025
US President Donald Trump called on Microsoft on Friday to fire its head of global affairs, Lisa Monaco, a former senior …
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Stocks rise as traders weigh US inflation, Trump tariffs
Sep 26 2025
Stocks climbed Friday as investors digested a new tariffs blitz by US President Donald Trump and data showing a key US …
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More questions than answers surround Trump's TikTok deal
Sep 26 2025
President Donald Trump insists he has found a solution to keep TikTok alive in the United States through a group of …
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An Aussie tycoon bets billions on cleaning up iron ore giant
Sep 26 2025
Moored off a Manhattan pier for New York's annual Climate Week is one of the world's first ammonia-powered vessels -- a …
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Lufthansa planning thousands of job cuts: sources
Sep 26 2025
Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs …
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China at UN warns of return to 'Cold War mentality'
Sep 26 2025
Chinese Premier Li Qiang warned Friday against a return to a "Cold War mentality" and defended multilateralism and free …
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US Fed's preferred inflation gauge rises, with more cost pressures expected
Sep 26 2025
The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, while …
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Facebook, Instagram to offer paid ad-free UK subscriptions
Sep 26 2025
Meta announced Friday that Facebook and Instagram users in the UK will be able to buy ad-free subscriptions, extending a …
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The nations and firms threatened by Trump's pharma tariffs
Sep 26 2025
Donald Trump has shocked the global drug industry by announcing 100-percent tariffs on all branded, imported …
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Kenyan jeans factory to fire workers as US deal expires
Sep 26 2025
A Kenyan factory making jeans for US stores will start firing hundreds of workers this week as American lawmakers failed …
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UN identifies 158 firms linked to Israeli settlements
Sep 26 2025
The United Nations on Friday released a long-awaited update of its database of companies with activities in Israeli …
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Stocks diverge as traders weigh US inflation, Trump pharma tariff
Sep 26 2025
European stocks rose Friday after losses in Asia, as traders awaited key US inflation data and digested President Donald …
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Turkish Airlines inks big Boeing deal after Erdogan visits US
Sep 26 2025
Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after President Recep Tayyip Erdogan …
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Trump announces steep new tariffs, EU claims pharmaceutical immunity
Sep 26 2025
US President Donald Trump's announcement of steep new tariffs on medicines and other goods drew pushback from some …
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Asian markets drop as US data, new tariff threats dent sentiment
Sep 26 2025
Markets retreated on Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the …
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Poland cools on Ukrainians despite their economic success
Sep 26 2025
Warsaw's central business district is booming alongside Poland's economy, but those teaching yoga and taking coffee …
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The world's last linen beetling mill eyes strong future
Sep 26 2025
The noise is deafening and the work can be lonely, but to William Smyth, who toils in the world's last commercial linen …
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Canada signs free trade agreement with Indonesia
Sep 26 2025
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 …
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Trump announces steep new tariffs, reviving trade war
Sep 26 2025
US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation …
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In India's Mumbai, the largest slum in Asia is for sale
Sep 26 2025
Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for …
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Sought by luxury labels, Nigerian leather reclaims home market
Sep 26 2025
Most Nigerian leather, often semi-finished, is exported to Europe and Asia and turned into luxury items bearing …
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Heavy hand: Free-market US tested as Trump takes stakes in private companies
Sep 26 2025
The Trump administration is in talks to take an equity stake in Lithium Americas, which would insert the government into …
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AI has bright future in Latin America, despite training deficit: regional Google chief
Sep 26 2025
AI has a bright future in Latin America but is hamstrung by a huge training shortage, one of Google's top regional …
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Amazon to pay $2.5 bn to settle Prime enrollment case
Sep 26 2025
Amazon agreed Thursday to pay $2.5 billion to settle allegations from a US regulator that it used deceptive practices to …
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Canada signs historic free trade agreement with Indonesia
Sep 26 2025
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 …
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Trump allies to control TikTok under new US deal
Sep 25 2025
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see …
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Judge endorses Anthropic's $1.5 bn copyright settlement
Sep 25 2025
A US judge on Thursday endorsed Anthropic's deal to pay $1.5 billion to settle a class action lawsuit over amassing a …
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Strong US data boosts dollar as Wall Street stocks fall again
Sep 25 2025
Wall Street stocks retreated while the dollar rallied Thursday following stronger than expected US economic data that …
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Volkswagen to take Dieselgate case to federal court
Sep 25 2025
German auto giant Volkswagen said Thursday it intended to appeal to the country's Federal Constitutional Court after …
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US sanctions on Serbian oil firm will start October 1: Vucic
Sep 25 2025
US sanctions on Serbia's largest oil producer, which is majority Russian-owned, will finally come into force on October …
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Stocks downbeat ahead of key US data
Sep 25 2025
Stock markets fell Thursday despite stronger-than-expected US economic growth data as investors await key inflation …
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US starts tariff probes into medical gear, industrial machinery
Sep 25 2025
The United States has opened investigations into imports of medical equipment such as surgical masks, and industrial …
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Germany's Bosch to cut 13,000 jobs in blow to auto sector
Sep 25 2025
German industrial giant Bosch said Thursday it would cut 13,000 jobs, mostly in its auto unit, in the latest blow for …
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Swiss central bank keeps zero-rate as tariffs take their toll
Sep 25 2025
Switzerland's central bank kept its policy rate at zero percent on Thursday, warning that massive US tariffs are …
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Ticketmaster agrees clearer prices after Oasis probe
Sep 25 2025
US ticket sales giant Ticketmaster has agreed to more transparent pricing following widespread anger over the exorbitant …
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EU opens antitrust probe into German software giant SAP
Sep 25 2025
The European Commission launched an antitrust probe into German software giant SAP Thursday over fears the company's …
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