Business and Economy



Stocks rise as traders weigh US inflation, Trump tariffs

AFP - 41m ago

Stocks climbed Friday as investors digested a new tariffs blitz by US President Donald Trump and data showing a key US …

More questions than answers surround Trump's TikTok deal

AFP - 54m ago

President Donald Trump insists he has found a solution to keep TikTok alive in the United States through a group of …

An Aussie tycoon bets billions on cleaning up iron ore giant

AFP - 1h ago

Moored off a Manhattan pier for New York's annual Climate Week is one of the world's first ammonia-powered vessels -- a …

Lufthansa planning thousands of job cuts: sources

AFP - 5h ago

Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs …

China at UN warns of return to 'Cold War mentality'

AFP - 5h ago

Chinese Premier Li Qiang warned Friday against a return to a "Cold War mentality" and defended multilateralism and free …

US Fed's preferred inflation gauge rises, with more cost pressures expected

AFP - 5h ago

The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, while …

Facebook, Instagram to offer paid ad-free UK subscriptions

AFP - 5h ago

Meta announced Friday that Facebook and Instagram users in the UK will be able to buy ad-free subscriptions, extending a …

The nations and firms threatened by Trump's pharma tariffs

AFP - 6h ago

Donald Trump has shocked the global drug industry by announcing 100-percent tariffs on all branded, imported …

Kenyan jeans factory to fire workers as US deal expires

AFP - 5h ago

A Kenyan factory making jeans for US stores will start firing hundreds of workers this week as American lawmakers failed …

UN identifies 158 firms linked to Israeli settlements

AFP - 55m ago

The United Nations on Friday released a long-awaited update of its database of companies with activities in Israeli …

Stocks diverge as traders weigh US inflation, Trump pharma tariff

AFP - 2h ago

European stocks rose Friday after losses in Asia, as traders awaited key US inflation data and digested President Donald …

Turkish Airlines inks big Boeing deal after Erdogan visits US

AFP - 5h ago

Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after President Recep Tayyip Erdogan …

Trump announces steep new tariffs, EU claims pharmaceutical immunity

AFP - 11h ago

US President Donald Trump's announcement of steep new tariffs on medicines and other goods drew pushback from some …

Asian markets drop as US data, new tariff threats dent sentiment

AFP - 2h ago

Markets retreated on Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the …

Poland cools on Ukrainians despite their economic success

AFP - 6h ago

Warsaw's central business district is booming alongside Poland's economy, but those teaching yoga and taking coffee …

The world's last linen beetling mill eyes strong future

AFP - 14h ago

The noise is deafening and the work can be lonely, but to William Smyth, who toils in the world's last commercial linen …

Canada signs free trade agreement with Indonesia

AFP - 55m ago

Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 …

Trump announces steep new tariffs, reviving trade war

AFP - 4h ago

US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation …

In India's Mumbai, the largest slum in Asia is for sale

AFP - 16h ago

Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for …

Sought by luxury labels, Nigerian leather reclaims home market

AFP - 19h ago

Most Nigerian leather, often semi-finished, is exported to Europe and Asia and turned into luxury items bearing …

Heavy hand: Free-market US tested as Trump takes stakes in private companies

AFP - 13h ago

The Trump administration is in talks to take an equity stake in Lithium Americas, which would insert the government into …

AI has bright future in Latin America, despite training deficit: regional Google chief

AFP - 1h ago

AI has a bright future in Latin America but is hamstrung by a huge training shortage, one of Google's top regional …

Amazon to pay $2.5 bn to settle Prime enrollment case

AFP - 12h ago

Amazon agreed Thursday to pay $2.5 billion to settle allegations from a US regulator that it used deceptive practices to …

Canada signs historic free trade agreement with Indonesia

AFP - 5h ago

Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

EU rejects Apple demand to scrap landmark tech rules

Sep 25 2025

The European Union rejected a call by Apple to scrap its landmark digital competition law on Thursday, dismissing the US …

Ticketmaster agrees clearer prices after Oasis probe: UK regulator

Sep 25 2025

US ticket sales giant Ticketmaster has agreed to make its pricing more transparent following widespread anger over the …

Germany must move quicker on reforms, say experts

Sep 25 2025

Germany must move quicker with potentially painful reforms, experts warned Thursday, in the latest sign of unease at …

Dutch lead charge on electric inland vessels

Sep 25 2025

At a windswept container park near the sprawling port of Rotterdam, a crane slots a 30-tonne white battery into a …

Markets slide as traders prepare for key US data

Sep 25 2025

Stocks skidded Thursday as traders continue to pull back from the buying that has propelled markets to record highs in …

Asian markets slide as traders prepare for key US data

Sep 25 2025

Stocks skidded Thursday as traders continue to pull back from the buying that has propelled markets to record highs in …

Nickel mining threatens Indonesia coral haven, NGOs warn

Sep 25 2025

Nickel mining threatens one of the world's most important marine biodiversity and coral hotspots in Indonesia, despite …

Apple asks EU to scrap landmark digital competition law

Sep 25 2025

Apple asked the European Union to scrap its landmark digital competition law on Thursday, arguing that it poses security …

'Shut your mouth': Low-paid women still waiting for their #MeToo

Sep 25 2025

"You need the work," one woman said, "so you shut your mouth." #MeToo may have helped change the landscape for women in …

US Treasury in talks with Argentina on $20bn support

Sep 24 2025

The United States said Wednesday it was in talks with Argentina on a $20 billion program of economic support, buoying …

US stocks fall again while Alibaba gains on big AI push

Sep 24 2025

Wall Street stocks retreated for a second straight session Wednesday while oil prices moved higher as Chinese online …

France, US tell Iran still chance to avoid nuclear sanctions

Sep 24 2025

French President Emmanuel Macron and a US envoy said Wednesday that Iran still had a last chance to avoid deep UN …

Macron tells Iran president only hours remain to avert nuclear sanctions

Sep 24 2025

French President Emmanuel Macron warned Iran's president there were only "hours left" for a deal on Tehran's nuclear …

French consumer group seeks Perrier sales ban

Sep 24 2025

An influential consumer rights association on Wednesday urged a court to ban the sale of Perrier bottled water in …

Stocks torn between AI optimism, Fed rate warning

Sep 24 2025

Stock markets were torn Wednesday between optimism over artificial intelligence and a warning from US Federal Reserve …

AI optimism cheers up markets following Fed rate warning

Sep 24 2025

Stock markets pushed higher on Wednesday as AI optimism boosted shares in technology giants, soothing worries following …

US Treasury says in talks to support Argentina's central bank

Sep 24 2025

US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a swap line allowing …

France doubles down on threat to build future fighter jet alone

Sep 24 2025

France is in a position to develop a next-generation combat aircraft alone should negotiations with Germany and Spain …

French-German duo wins mega offshore wind energy project

Sep 24 2025

French energy multinational TotalEnergies and German energy group RWE have won a contract to built a large offshore wind …

Stocks torn between Fed rate warning, AI optimism

Sep 24 2025

Europe's main stock markets retreated Wednesday following gains in Asia and Wall Street losses, with focus on shares in …

Amazon to shut checkout-free UK grocery shops

Sep 24 2025

Amazon plans to shut all its grocery stores in Britain, after the shops without checkout registers failed to compete …

Germany's Merz rejects claims he is slowing green shift

Sep 24 2025

German Chancellor Friedrich Merz on Wednesday rejected claims his government was undermining the climate change fight, …

UK rail operators set for new EU border checks

Sep 24 2025

The Channel Tunnel's operator and train service Eurostar have expressed confidence that the European Union's much …

Markets waver after Wall St drop, Alibaba soars

Sep 24 2025

Equities were mixed Wednesday following a down day on Wall Street, where worries about high valuations were compounded …

Australian telco giant slapped with $66 million fine over 'appalling' conduct

Sep 24 2025

Embattled Australian telco giant Optus was hit with a $66 million fine on Wednesday over "appalling" sales conduct as …

Race for rare minerals brings boom to Tajikistan's mines

Sep 24 2025

In a labyrinth of tunnels running beneath 4,000-metre peaks, Tajik miners are scrabbling to secure antimony, one of the …

Iran's carpet industry unravelling under sanctions

Sep 24 2025

Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions …

Asia markets waver after Wall St retreats from record

Sep 24 2025

Equities wavered Wednesday following a down day on Wall Street, where worries about high valuations were compounded by …

In just one year, Google turns AI setbacks into dominance

Sep 24 2025

Caught off guard by ChatGPT and mocked for early blunders with its own generative artificial intelligence efforts, …

New York's finance sector faces risks from Trump visa crackdown

Sep 24 2025

On a bright September morning, employees stream through the turnstiles and vast lobby of Goldman Sachs’ headquarters in …

'We're gonna help': Trump to the rescue of struggling Argentina

Sep 23 2025

US President Donald Trump promised financial "help" for struggling Argentina in a meeting with close ally Javier Milei, …

US stocks retreat from records as tech giants fall

Sep 23 2025

Wall Street's bull run showed signs of fatigue Tuesday as major indices retreated from records on drops by Amazon, …

Maverick Georgian designer Demna debuts for Gucci in Milan

Sep 23 2025

Maverick Georgian designer Demna made his debut for Gucci at Milan Fashion Week on Tuesday with a star-studded short …

Powell warns of inflation risks if US Fed cuts rates 'too aggressively'

Sep 23 2025

US Federal Reserve chief Jerome Powell warned Tuesday that slashing interest rates too quickly could allow inflation to …

We can build fighter jet without Germany: France's Dassault

Sep 23 2025

The head of French defence company Dassault said on Tuesday his firm could build the future European fighter jet by …

Stocks mark time with eyes on key economic data

Sep 23 2025

Stock markets marked time Tuesday as traders monitored key economic indicators, with US inflation data due later this …

EU queries Apple, Google, Microsoft over financial scams

Sep 23 2025

The European Union on Tuesday demanded Big Tech players including Apple and Google explain what action they are taking …

EU proposes new delay to anti-deforestation rules

Sep 23 2025

The EU said Tuesday it will seek a new one-year delay to sweeping anti-deforestation rules cheered by green groups but …

Atletico owners negotiating with US firm Apollo over majority stake sale - reports

Sep 23 2025

Atletico Madrid's owners are in advanced negotiations to sell a majority stake of the Spanish football club's shares to …

German business groups pressure Merz over ailing economy

Sep 23 2025

German business associations in talks with Chancellor Friedrich Merz stressed the "urgency" of steps to help the ailing …

US Fed official urges proactive approach on rates to boost jobs market

Sep 23 2025

The US central bank should preemptively address worsening labor market conditions by lowering interest rates, a top …

Tech migrants 'key' for US growth, warns OECD chief economist

Sep 23 2025

High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed …

France's Dassault says can build European fighter jet without Germany

Sep 23 2025

The head of French defence company Dassault said on Tuesday his firm was capable of building the future European fighter …

OECD raises world growth outlook as tariffs contained, for now

Sep 23 2025

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald …

Stocks diverge with eyes on key economic data

Sep 23 2025

Stock markets diverged Tuesday as traders monitored key economic indicators, with US inflation data due later this week …

Indonesia, EU sign long-awaited trade deal

Sep 23 2025

Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a …

Singapore firm rejects paying $1bn Sri Lankan pollution damages

Sep 23 2025

A Singapore shipping company told AFP on Tuesday it will refuse to pay Sri Lankan court-ordered damages of US$1 billion …

OECD ups world economic outlook as tariffs contained, for now

Sep 23 2025

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald …

Asian markets struggle as focus turns to US inflation

Sep 23 2025

Asian markets struggled Tuesday to track another record day on Wall Street, with traders now awaiting the release of US …

Sunset for Windows 10 updates leaves users in a bind

Sep 23 2025

Microsoft's plan to halt updates for its Windows 10 operating system in mid-October has raised hackles among campaign …

Singapore firm rejects $1bn Sri Lankan pollution damages

Sep 23 2025

A Singapore shipping company told AFP on Tuesday it will refuse to pay Sri Lankan court-ordered damages of US$1 billion …

China may strengthen climate role amid US fossil fuel push

Sep 23 2025

All eyes are on China this week, as the world's biggest polluter readies a new emissions-cutting plan -- reinforcing its …

US mulls economic lifeline for ally Argentina

Sep 22 2025

The US Treasury said Monday it stood ready to "do what is needed" to support Argentina's economy, as President Javier …

Strength in Nvidia, Apple helps lift US equities to new records

Sep 22 2025

Wall Street stocks shook off early weakness and forged higher Monday as some leading tech giants helped lift major Wall …

IEA feels the heat as Washington pushes pro-oil agenda

Sep 22 2025

No stranger to ire from oil-producing nations, the International Energy Agency (IEA) is facing pressure from the …

New US Fed governor says rates should be around 'mid-2%'

Sep 22 2025

The US Fed governor newly appointed by President Donald Trump argued Monday for significantly lower interest rates, …

Nvidia to invest up to $100 bn in OpenAI data centers

Sep 22 2025

Nvidia said Monday it will invest up to $100 billion in OpenAI, building infrastructure for next-generation artificial …

Museum or sheikh? World's second largest diamond awaits home

Sep 22 2025

The world's second largest diamond could soon find a new home in a museum or a sheikh's collection -- but first needs to …

Stocks steady ahead of key US inflation data

Sep 22 2025

Wall Street saw off an early bout of profit-taking on Monday as investors looked for clues to the US Federal Reserve's …

Merz tasks banker with luring investment to Germany

Sep 22 2025

Chancellor Friedrich Merz on Monday appointed a "personal representative for investment" charged with bringing new …

Stocks turn lower ahead of key US inflation data

Sep 22 2025

Stocks mostly fell on Monday as investors booked profits from a record-setting streak and looked for clues to the US …

Spanish bank BBVA raises offer for rival Sabadell

Sep 22 2025

Spanish banking giant BBVA raised its takeover offer for Sabadell on Monday as it seeks to lure its smaller rival's …

Stocks mixed ahead of week's key US inflation data

Sep 22 2025

Stock markets fluctuated Monday as investors looked ahead to key US inflation data later in the week for clues on next …

New boss of Germany's crisis-hit railways vows 'new start'

Sep 22 2025

The new chief of Germany's beleaguered rail network vowed Monday to make a new start, with the state-owned operator …

Burberry returns to London's top shares index

Sep 22 2025

British luxury fashion label Burberry rejoined London's FTSE 100 on Monday, one year after exiting the top-tier stock …

Markets mixed as traders take stock after Fed-fuelled rally

Sep 22 2025

Stock markets fluctuated Monday as investors took a step back after last week's rally fuelled by the Federal Reserve's …

Climate goals and fossil fuel plans don't add up, experts say

Sep 22 2025

Countries are still planning to increase production of fossil fuels to levels incompatible with global commitments on …