Business and Tech

Telegram messenger blocks Russia opposition bot during vote

AFP - 12h ago

Jailed Kremlin critic Alexei Navalny's "Smart Voting" bot has disappeared from the Telegram messenger app following …

Critics warn of Apple, Google 'chokepoint' repression

AFP - 20h ago

The global dominance of tech giants serves as a convenient online chokepoint for authoritarian governments to crack down …

Google, Apple 'censor' Navalny app as Russian polls open

AFP - 21h ago

Allies of jailed Kremlin critic Alexei Navalny accused Apple and Google of "censorship" on Friday after they removed an …

US, European stocks fall at end of tough week

Sep 17 2021

US and European stock markets fell on Friday as investors digested mixed economic data, uncertainty over monetary policy …

US startup aims to transform pet cuisine with lab-made food

Sep 17 2021

Cloudy liquid bubbling in glass tubes is key to a US startup's hopes of remaking the pet food industry by growing …

Allegations of favoring China could erode confidence in IMF chief

Sep 17 2021

A storm of controversy threatens to undermine Kristalina Georgieva's leadership of the IMF as experts, US lawmakers and …

Apple removed Russia opposition app after arrest threats: source

Sep 17 2021

Apple removed an opposition strategic voting app from its online marketplace under pressure from Russian authorities, …

Bitcoin mining generates substantial electronic waste: study

Sep 17 2021

Mining for bitcoin generates substantial electronic waste that "represents a growing threat to the environment", …

France says can't trust Australia in trade talks after subs snub

Sep 17 2021

France said Friday that it was unable to trust Australia in ongoing talks on forging a trade deal with the EU, after …

Stocks diverge as traders close out tough week

Sep 17 2021

Stock markets were mixed Friday after a painful few days as traders tracked Delta variant developments, Chinese …

UK-US trade pact possible, but Ireland peace is priority: Pelosi

Sep 17 2021

Britain and the United States will "probably end up" striking a bilateral trade deal, but agreement is "very unlikely" …

UK retailers face supply crunch as Christmas looms

Sep 17 2021

UK retailers are facing a double whammy of sliding sales and global supply crunch, making it tough for stores to obtain …

Rich nations make 'disappointing' progress in climate finance: OECD

Sep 17 2021

Rich countries are making little progress towards meeting their pledge to provide $100 billion a year to poorer nations …

Asian markets mostly rise at end of a tough week

Sep 17 2021

Asian markets mostly rose Friday as beleaguered investors trudged into the weekend after a painful few days, with …

US to charge ex-Boeing pilot over 737 MAX crashes: report

Sep 17 2021

Federal prosecutors are preparing to indict a former Boeing test pilot suspected of misleading aviation regulators over …

IMF chief denies altering World Bank report to appease China

Sep 17 2021

IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at …

Nobel laureate Romer decries lack of 'integrity' under Georgieva at World Bank

Sep 17 2021

Nobel Prize-winning economist Paul Romer said the current head of the IMF, in her previous senior role at the World …

US moves to block Purdue Pharma opioid settlement

Sep 17 2021

The US Justice Department has challenged a plan that would dissolve Purdue Pharma, manufacturer of the OxyContin drug …

Hong Kong stocks fall again on mixed day for global equities

Sep 16 2021

Global stocks were mixed again Thursday, with Asian markets enduring another ugly session and US stocks meandering to a …

Facebook boosts fight against conspiracies and violent groups

Sep 16 2021

Facebook has launched an effort targeting users working together on the platform to promote real-world violence or …

Statue to bitcoin inventor unveiled in Budapest

Sep 16 2021

Hungarian bitcoin enthusiasts unveiled a statue in Budapest on Thursday which they say is the first in the world to …

Bitcoin inventor statue unveiled in Budapest

Sep 16 2021

Hungarian bitcoin enthusiasts unveiled a statue in Budapest on Thursday which they say is the first in the world to …

50-year-old UAE to pour billions into UK

Sep 16 2021

The United Arab Emirates will invest billions into the UK under a strategic partnership marking 50 years since its …

US stocks fail to gain traction despite retail sales gain

Sep 16 2021

US stocks fell back on Thursday despite data showing a rebound in retail sales, while European stocks advanced.

IMF calls for action to prevent humanitarian crisis in Afghanistan

Sep 16 2021

The international community should take urgent action to prevent a humanitarian crisis in Afghanistan, the IMF said …

Mining execs hold 'promising' talks with Guinea strongman

Sep 16 2021

Mining executives in Guinea said they were reassured on Thursday after meeting Lieutenant-Colonel Mamady Doumbouya, who …

Libya's National Oil Corp says port blockades lifted

Sep 16 2021

Libya's National Oil Corporation said Thursday that exports had resumed from several oil terminals in the country's east …

Marks & Spencer shuts France stores on Brexit fallout

Sep 16 2021

British retailer Marks & Spencer said Thursday it will shut more than half its stores in France with Brexit affecting …

Four former VW managers go on trial over 'dieselgate' scandal

Sep 16 2021

The trial of four former Volkswagen managers accused of fraud in the "dieselgate" emissions-cheating scandal began on …

Regulators frown as crypto players move into banking

Sep 16 2021

With offers of loans and interest-earning accounts, more new cryptocurrency firms are straying into the world of …

FedEx to hire 90,000 workers in US ahead of holidays

Sep 16 2021

FedEx announced Thursday plans to hire 90,000 workers across its US network as it gears up for the holiday season amid …

Kenyans voice fury over fuel price hikes

Sep 16 2021

Kenyans voiced fury on Thursday at a jump in fuel prices, which threaten to pile on the misery for a population already …

Kenyans voice fury over fuel price hike

Sep 16 2021

Kenyans voiced fury Thursday at a jump in fuel prices, which threaten to pile on the misery for a population already …

European equities advance on strong US gains

Sep 16 2021

Europe's stock markets rose Thursday as investors took their cue from a strong Wall Street performance ahead of fresh US …

Australia to get nuclear subs in new US, British partnership

Sep 16 2021

The United States announced a new alliance Wednesday with Australia and Britain to strengthen military capabilities in …

'Dieselgate' trial opens in Germany without ex-VW boss

Sep 16 2021

The trial of four former Volkswagen managers accused of fraud in the "dieselgate" emissions-cheating scandal began on …

US cigarette giant seals takeover of inhaler maker

Sep 16 2021

US cigarette firm Philip Morris International on Thursday clinched a controversial takeover of British breathing inhaler …

Asian traders struggle to emulate Wall St after sell-off

Sep 16 2021

Asian markets struggled Thursday to recover from the previous day's sell-off, with Hong Kong dragged by further losses …

Salvadorans march against bitcoin and 'dictatorship'

Sep 16 2021

Thousands of Salvadorans protested Wednesday against the government's introduction of bitcoin as legal tender in the …

'We only have each other': Bangladesh's trans entrepreneurs create safe work spaces

Sep 16 2021

Simran Snigdha was begging when a chance encounter helped get her off Bangladesh's streets and realise her artistic …

Chinese astronauts complete three-month space mission

Sep 16 2021

Three Chinese astronauts have completed the country's longest crewed mission and started their journey home on Thursday …

Bumpy road as ageing Japan bets on self-driving cars

Sep 16 2021

With an ageing population in need of transport, Japan is betting on autonomous cars, but an accident involving a …

'Many will follow': SpaceX sends all-civilian crew into orbit

Sep 16 2021

A SpaceX Falcon 9 rocket carrying four space tourists blasted off Wednesday night from the Kennedy Space Center in …

'An army of low-paid workers': wealthy Germany's not so equal

Sep 16 2021

Pharmaceutical dynasty heir Antonis Schwarz is a millionaire. And he wants Germany's next government to tax him more.

As Merkel exits, Germans debate famed budget discipline

Sep 16 2021

When Chancellor Angela Merkel's government smashed its debt taboo and opened the money taps to help the German economy …

New Zealand posts strong second-quarter growth

Sep 16 2021

New Zealand's economy surged 2.8 percent in the second quarter, official data showed Thursday, although analysts said …

DoorDash sues to stop New York data-sharing measure

Sep 16 2021

DoorDash on Wednesday sued New York City over a measure requiring it and meal delivery rivals to share customer data …

US regulators wary of Big Tech swallowing startups

Sep 16 2021

US anti-trust regulators signalled Wednesday greater scrutiny of Big Tech giants' smaller acquisitions, a potential new …

In first, SpaceX to send all-civilian crew into Earth orbit

Sep 15 2021

SpaceX is preparing to send the first all-civilian crew into Earth's orbit Wednesday evening, capping a summer of …

US stocks rebound, Asia buffeted by weak China data, Macau crackdown

Sep 15 2021

Global stocks were mixed Wednesday, with Wall Street rebounding after several lackluster sessions and Asia lower …

Conglomerate Tata Group bids for debt-stricken Indian national carrier

Sep 15 2021

India's tea-to-steel conglomerate Tata Group confirmed Wednesday it has submitted a bid to buy debt-crippled national …

Global stocks struggle with inflation and growth outlook

Sep 15 2021

World stock markets turned in mixed performances Wednesday as the outlook for inflation and growth were in the …

US industrial production returns to pre-pandemic level: Fed

Sep 15 2021

Production by US factories, mines and utilities in August surpassed the level seen before the pandemic caused an …

'Blood-and-sweat money': Evergrande anger boils on Chinese social media

Sep 15 2021

China's social media was flooded with discussions on the potential demise of housing giant Evergrande as rare images of …

Global markets mostly sink with inflation in spotlight

Sep 15 2021

World stock markets mostly sank Wednesday with the outlook for inflation in the spotlight.

EU to ban forced-labour products in tougher China stance

Sep 15 2021

The EU is looking to impose an import ban on products made from forced labour, the bloc's chief said on Wednesday, in a …

China's embattled Evergrande tries to pay bills with parking spots

Sep 15 2021

Protests against teetering developer Evergrande spread to more Chinese cities on Wednesday after a company offer of …

Evergrande endgame: What next for the property giant?

Sep 15 2021

Indebted property giant Evergrande has brought in restructuring experts and warned it is under "tremendous pressure", as …

Activision Blizzard accused of worker intimidation, union busting

Sep 15 2021

Activision Blizzard has been accused of intimidating workers attempting to unionize, organizers said, just months after …

Asian markets sink as US data fails to temper virus woes

Sep 15 2021

Asian markets sank Wednesday as a slowdown in US consumer inflation failed to overcome concerns about the fast-spreading …

Billions wiped from Macau casino stocks as city eyes gambling review

Sep 15 2021

Macau casino operators saw billions wiped off their value Wednesday as their shares collapsed after officials in the …

'Ghost kitchens' boom in Asia as pandemic sparks huge demand

Sep 15 2021

In an industrial unit on the outskirts of Taipei chefs are plating meals that will never be served in a restaurant: …

UK inflation strikes nine-year peak as economy reopens

Sep 15 2021

British annual inflation spiked in August to a nine-year peak on the reopening economy, but last year's figure had been …

Five key facts on Inspiration4 space mission

Sep 15 2021

SpaceX is set to launch four people into space Wednesday on a three-day mission that is the first to orbit the Earth …

China August retail sales growth slowest in a year

Sep 15 2021

Growth in China's retail sales sank in August to a 12-month low, data showed Wednesday, as parts of the country were hit …

Macau casino stocks tumble as city eyes crackdown on industry

Sep 15 2021

Shares in Macau casino operators collapsed Wednesday after officials in the world's biggest gambling city unveiled plans …

Asian markets slip again as US data fails to temper recovery worries

Sep 15 2021

Asian markets sank again Wednesday, tracking another sell-off on Wall Street, as figures indicating US consumer …

Macau casino stocks tumble as city proposes gambling industry crackdown

Sep 15 2021

Macau casino stocks collapsed on Wednesday, as officials unveiled plans for a crackdown on the gambling industry in the …

SpaceX's first tourists all set for 'camper van' trip to space

Sep 15 2021

The weather seems cooperative and the passengers are raring to go: SpaceX's first space tourists were a picture of calm …

US startup aims to transform pet food with lab-made chow

Sep 15 2021

Cloudy liquid bubbling in glass tubes is key to a US startup's hopes of remaking the pet food industry by growing …

Republicans withhold support for US debt ceiling increase

Sep 15 2021

Republican leaders in Congress on Tuesday continued to withhold support for efforts by the Democratic majority to …

Remote work goes 'luxury', but many may be left out

Sep 15 2021

Virtual reality meetings, $7,000 all-in-one kits and digital hot desking: Big Tech is rolling out premium tools as the …

UAE, Israel eye trillion-dollar prize one year into Abraham Accords

Sep 15 2021

The United Arab Emirates marks one year since normalising ties with Israel on Wednesday, a move which drew Palestinian …

As pandemic roils economy, more US workers call it a day

Sep 15 2021

Prior to the coronavirus pandemic, Antonio Fernandez, 64, had envisioned staying in his job at Chevron in Houston for …

Instagram seeks to curb mental harm to teenagers

Sep 15 2021

Instagram on Tuesday defended itself against a report that the social network harms the mental health of young girls, …

Struggles facing China's Evergrande not panicking markets - yet

Sep 15 2021

Debt-crippled Chinese real estate giant Evergrande's troubles are being watched closely by foreign investors, but …

Embattled Apple unveils new iPhone

Sep 15 2021

Apple CEO Tim Cook strode through a slickly produced video Tuesday to launch a new iPhone, with few hints of the …

Three US ex-intelligence officials admit to hacking for UAE

Sep 14 2021

Three US former intelligence agents admitted in a Virginia court Tuesday to taking part in a United Arab Emirates …

Wall Street falls even as data shows inflation easing

Sep 14 2021

Wall Street closed sharply lower and European indices also fell despite closely watched US inflation data indicating the …

US, European markets range bound on US inflation data

Sep 14 2021

US and European stock markets were bound in a narrow range Tuesday, as US inflation data showed price pressures slightly …

For Tesla probe, US regulators seek data from 12 automakers

Sep 14 2021

The US highway safety watchdog asked 12 automakers Tuesday to provide data on their driver assistance systems as part of …

Embattled Apple unveils new products

Sep 14 2021

Apple CEO Tim Cook strode through a slickly produced video Tuesday to launch a new iPhone, with few hints of the …

Apple security flaw: How do 'zero-click' attacks work?

Sep 14 2021

Apple has spent the past week rushing to develop a fix for a major security flaw which allows spyware to be downloaded …

Chevron plans new 'lower carbon' ventures but activists not pleased

Sep 14 2021

Facing pressure from environmentalists, Chevron boosted spending Tuesday for "lower carbon" ventures and unveiled plans …

Democrats say 'tax the rich,' but their plan may fall short

Sep 14 2021

A proposal making its way through Congress and even adorning the dress of one of its most prominent lawmakers, "tax the …

US pandemic aid boosted incomes, lowered poverty in 2020: govt

Sep 14 2021

Massive US government stimulus payments during the Covid-19 pandemic last year boosted household income and lowered the …

US consumer prices slow in August as inflation pressures ease

Sep 14 2021

US consumer prices slowed in August as some of the inflation pressures caused by the havoc of the Covid-19 pandemic …

UK delays full post-Brexit border checks from EU

Sep 14 2021

Britain on Tuesday said it would push back its implementation of full post-Brexit borders checks on goods from the …

Facing investor pressure, Chevron to boost 'lower carbon' spending

Sep 14 2021

Chevron said Tuesday it will lift spending on lower carbon energy while still investing primarily in fossil fuels as it …

Russia fines Facebook and Twitter over banned content

Sep 14 2021

Russia fined Facebook and Twitter on Tuesday for not deleting banned content, adding to a slew of penalties the …

Protests as Chinese property giant Evergrande faces 'tremendous pressure'

Sep 14 2021

Dozens of anxious investors protested outside the headquarters of troubled Chinese property giant Evergrande Tuesday, …

Amazon to hire 125,000 more ground workers in United States

Sep 14 2021

Amazon announced plans Tuesday to hire 125,000 more workers in the United States as it broadens its logistical footprint …

Boeing sees full commercial air recovery by 2024

Sep 14 2021

Boeing said Tuesday that the commercial aviation market should fully recover by 2024 from its pandemic slump, as the …

Stocks diverge before key US inflation data

Sep 14 2021

Stock markets mostly retreated Tuesday, with all eyes on the latest US inflation data as recent surges to global prices …

Evergrande dream turns to nightmare for Chinese property buyers

Sep 14 2021

Sleepless nights are now the routine for Ji Wenchen six months after she laid out $100,000 for a deposit on a new …

El Salvador president says half a million using new bitcoin wallet

Sep 14 2021

There are now more than half a million people using El Salvador's bitcoin wallet, President Nayib Bukele announced.

Apple users urged to download Pegasus spyware flaw fix

Sep 14 2021

Apple users were urged Tuesday to update their devices after the tech giant announced a fix for a major software flaw …

Taliban probing bank accounts linked to Afghan ex-officials

Sep 14 2021

The Taliban are investigating the accounts of former high-ranking Afghan government members to check for ill-gotten …

Asian traders cautious ahead of US inflation, Tokyo hits 31-year high

Sep 14 2021

Investors trod cautiously in early Asian trade Tuesday as they awaited US inflation data that could play a key role in …

Evergrande: China's fragile housing giant

Sep 14 2021

Chinese housing giant Evergrande is one of the country's largest private conglomerates and world's most indebted …

Chinese property giant Evergrande under 'tremendous pressure'

Sep 14 2021

Embattled Chinese property giant Evergrande on Tuesday conceded it is under "tremendous pressure", a day after insisting …

Asian markets struggle for traction ahead of US inflation data

Sep 14 2021

Investors trod cautiously in early Asian trade Tuesday as they awaited US inflation data that could play a key role in …