Business and Economy



Ryanair slashes winter seats in Spain over airport fees

AFP - 12m ago

Irish budget airline Ryanair on Wednesday said it would slash more than one million winter seats in Spain over …

Indonesian islanders take on Swiss cement group in climate case

AFP - 1h ago

A Swiss court on Wednesday weighed up whether to hear a landmark climate case pitting residents of a tiny Indonesian …

Impact of US judge's ruling on Google's search dominance

AFP - 1h ago

Google has escaped a breakup of its Chrome browser in a major US competition case, but the judge imposed remedies whose …

Global bond selloff spreads to Japan, gold hits record high

AFP - 1h ago

A global bond selloff spread to Japan on Wednesday while gold reached a new peak as investors fret over mounting …

EU presents Mercosur deal for member states' approval

AFP - 1h ago

The EU put forward a huge trade deal with South American bloc Mercosur for approval by member countries Wednesday, …

UK govt pledges to keep grip on spending ahead of budget

AFP - 2h ago

Britain's finance minister Rachel Reeves on Wednesday promised to keep a "tight grip" on public spending as interest …

Iran's small businesses hit by rolling blackouts

AFP - 2h ago

Pizzeria owner Saeed is unable to take or serve orders at his restaurant in the Iranian capital, his business stalled by …

Japan's long-term borrowing costs, gold hit record highs

AFP - 1h ago

A global bond selloff extended into Asia on Wednesday with yields in Japan hitting record levels, while gold reached a …

Singapore to order Meta clamp down on govt impersonator scams

AFP - 5h ago

Singapore will order Meta to crack down on scammers pretending to be government officials, a type of fraud that has …

England moves to ban sale of energy drinks to children

AFP - 3h ago

High-caffeine energy drinks such as Red Bull will be banned for sale to youths under 16 in England under plans announced …

Shell abandons huge biofuel project in Netherlands

AFP - 1h ago

British oil giant Shell announced Wednesday it has abandoned construction of one of Europe's largest biofuel plants in …

US limits TSMC chipmaking tool shipments to China

AFP - 12h ago

President Donald Trump's administration has revoked Taiwanese semiconductor giant TSMC's authorization to export US …

Google not required to sell Chrome in antitrust victory

AFP - 15h ago

A US judge on Tuesday rejected the government's demand that Google sell its Chrome web browser as part of a major …

Economists back Fed Governor Cook as Trump attempts ouster

Sep 02 2025

Nearly 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US …

Google not required to sell Chrome, judge rules

Sep 02 2025

A US judge on Tuesday rejected the government's demand that Google sell its Chrome web browser as part of a major …

Gold hits high, stocks retreat as investors seek safety

Sep 02 2025

Stock markets fell and gold hit a record high Tuesday as investors fled to safe havens over concerns about US President …

Trump says to ask Supreme Court for 'expedited ruling' in tariff appeal

Sep 02 2025

US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration …

Vogue appoints Chloe Malle to replace fashion doyenne Wintour

Sep 02 2025

Chloe Malle will follow Anna Wintour as editor of Vogue, the magazine said Tuesday, resolving an intrigue that has …

Nestle CEO switch a chance to reset: experts

Sep 02 2025

Nestle's sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset …

Suntory CEO quits over Japan drugs probe

Sep 02 2025

One of Japan's best-known business people has resigned as CEO of beverage giant Suntory after police raided his house in …

Premier League clubs break £3 billion barrier to roar ahead of rivals

Sep 02 2025

Record spending of £3 billion ($4 billion) during the summer transfer window further cements the Premier League as the …

Govt gestures leave roots of Indonesia protests intact

Sep 02 2025

Government gestures to calm deadly protests in Indonesia have done little to address the economic inequality and …

Gold rushes to new high as Asia stocks mixed

Sep 02 2025

Gold hit a record high Tuesday as a weaker dollar and expectations of a US interest rate cut made the safe haven an …

'Vibe hacking' puts chatbots to work for cybercriminals

Sep 02 2025

The potential abuse of consumer AI tools is raising concerns, with budding cybercriminals apparently able to trick …

Nestle sacks CEO over office relationship

Sep 02 2025

Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed …

European stocks steady after robust gains for Chinese equities

Sep 01 2025

Europe's main stock markets held broadly steady on Monday after strong gains for Chinese indices, as trading entered a …

UK fintech Revolut valued at $75 bn: source to AFP

Sep 01 2025

British fintech company Revolut has been valued at $75 billion in a secondary share sale, placing it in the leagues of …

Mauritania's Tah takes over as Africa's 'super banker'

Sep 01 2025

Mauritania's former economy minister Sidi Ould Tah took office Monday as head of the African Development Bank, vowing to …

European stocks climb after robust gains for Chinese equities

Sep 01 2025

Europe's main stock markets mostly climbed Monday after strong gains for Chinese indices, as trading entered a …

Bosnian truckers block deliveries in protest over EU rules

Sep 01 2025

Thousands of Bosnian truck drivers halted deliveries across the country on Monday, threatening to block goods until …

Alibaba soars but Europe, Asia stocks mixed

Sep 01 2025

Chinese ecommerce giant Alibaba soared on Monday but Asian and European markets were mixed after Wall Street retreated …

Chinese cluster now world's top innovation hotspot: UN

Sep 01 2025

Shenzhen-Hong Kong-Guangzhou has overtaken Tokyo-Yokohama to become the world's top cluster for innovation, the United …

Malawi's fuel crisis hangs over upcoming elections

Sep 01 2025

In early morning gloom, a long line of vehicles winds around the lone fuel station in Dedza district in central Malawi, …

Uzbek workers fill gap as Bulgarian population shrinks

Sep 01 2025

Nilfar Nazarova used to work as an accountant in her native Uzbekistan but for the past four summers she has been …

Alibaba soars but Asia markets dip

Sep 01 2025

Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall …

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

Aug 31 2025

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

Aug 31 2025

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

Aug 31 2025

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

Aug 31 2025

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, …