Business and Economy
White House says US Navy has not escorted tanker through Strait of Hormuz
AFP - 39m ago
The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said Tuesday, after the …
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Blasts rock Tehran as US says strikes to intensify
AFP - 1h ago
Explosions thundered out in Tehran on Tuesday after the Pentagon chief warned US strikes on Iran would reach their …
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Global energy body discusses releasing strategic oil reserves
AFP - 1h ago
Member states of the International Energy Agency (IEA) met on Tuesday for crisis talks to assess security of supply and …
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Middle East war: global economic fallout
AFP - 1h ago
Here are the latest economic events in the Middle East war on Tuesday:
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Musk, already world's richest person, eyes $1 trillion fortune
AFP - 1h ago
Elon Musk's estimated $839 billion net worth has made him the wealthiest individual ever recorded, Forbes said Tuesday, …
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US energy secretary's post saying US escorted tanker in Hormuz deleted
AFP - 1h ago
A post by US Energy Secretary Chris Wright saying that the US Navy had escorted an oil tanker through the Strait of …
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UN warns Hormuz standstill will hit world's most vulnerable
AFP - 2h ago
The standstill in the Strait of Hormuz caused by the Middle East war could hammer some of the world's most vulnerable …
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Oil crisis: Is world better placed than in 1973?
AFP - 3h ago
Ten days after the first American and Israeli strikes against Iran, oil prices have cooled slightly after soaring above …
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Expats cling to Dubai's allure despite Iran's missiles
AFP - 3h ago
While tourists and non-essential diplomats scramble to leave the Gulf as Iran retaliates across the region for US and …
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Oil plunges, stocks rise as Trump says Iran war over 'very soon'
AFP - 34m ago
Oil prices sank and equities pushed higher Tuesday following a wild day of swings that came after President Donald Trump …
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UAE closes biggest oil refinery as Iran vows to choke off crude exports
AFP - 1h ago
The UAE's largest oil refinery closed on Tuesday after a drone attack, as Iran defiantly vowed that no crude exports …
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Vietnam to tap emergency fund to cool surging fuel prices
AFP - 5h ago
Vietnam moved Tuesday to tap an emergency fund to cool surging fuel prices, as the Middle East war has disrupted …
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UK trial opens against Sony over PlayStation video game prices
AFP - 6h ago
A trial opened in London on Tuesday over a £2 billion ($2.7 billion) class action lawsuit that accuses Japanese …
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Middle East war : global economic fallout
AFP - 4h ago
Here are the latest economic events in the Middle East war on Tuesday:
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Oil plunges, stocks steady as Trump says Iran war over 'very soon'
AFP - 3h ago
Oil prices sank and equities steadied Tuesday following a wild day of swings that came after President Donald Trump …
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Citing 'strategic mistake' EU pivots back to nuclear energy
AFP - 3h ago
EU chief Ursula von der Leyen on Tuesday said Europe's turn away from nuclear power had been a "strategic mistake", as …
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Defiant Iran vows to block Gulf oil until US-Israel bombing stops
AFP - 3h ago
Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while the United States and Israel …
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Iran war sends prices in next door Turkmenistan soaring
AFP - 7h ago
At a market in Turkmenistan's capital Ashgabat, pensioner Shemshat Kurbanova always used to pick the "juiciest" Iranian …
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EU chief, Macron say Mideast war exposes Europe energy vulnerability
AFP - 2h ago
EU chief Ursula von der Leyen and French President Emmanuel Macron on Tuesday called on European countries to boost the …
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Volkswagen says to cut 50,000 jobs as profit slides
AFP - 5h ago
Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its …
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Oil plunges, stocks rally as Trump says Iran war over 'very soon'
AFP - 2h ago
Oil prices sank and equities rallied Tuesday following a wild day of swings that came after President Donald Trump …
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Iran vows to fight on and block all Gulf oil
AFP - 2h ago
Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while its war with the United States and …
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Lego posts record profit despite geopolitical turmoil: CEO to AFP
AFP - 4h ago
Denmark's Lego, the world’s number one toy maker, on Tuesday posted record sales and profits for its 2025 financial …
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German exports drop in setback to fragile recovery
AFP - 2h ago
German exports dropped faster than expected in January, official data showed Tuesday, the latest sign that the recovery …
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French AI startup AMI announces $1 bn raised in funding
AFP - 9h ago
French artificial intelligence startup AMI, co-founded by Meta's former chief AI scientist Yann LeCun, announced Tuesday …
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Crude plunges, stocks rally as Trump says war over 'very soon'
AFP - 3h ago
Oil prices sank and equities rallied Tuesday following a wild day of swings that came after Donald Trump said the …
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Trump says will waive some oil sanctions as Iran war roils markets
AFP - 2h ago
US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, …
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War in the Middle East: economic impact around the world
AFP - 15h ago
Here are the latest economic events in the Middle East war on Tuesday:
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Crude plunges, stocks rally as Trump says war 'pretty much' complete
AFP - 4h ago
Oil prices tanked and equities rallied Tuesday following a wild day of swings that came after Donald Trump said the …
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Viral drone video fuels debate about Rio favela tourism
AFP - 15h ago
A line of tourists touch up their makeup before strutting across a rooftop in Rio de Janeiro's largest favela, posing …
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Fertilizer prices surge from Iran war, squeezing weary US farmers
AFP - 12h ago
American farmers are again feeling the squeeze after a year marked by trade turmoil and low crop prices, with the …
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Venezuelan lawmakers advance mining reforms sought by US
AFP - 10h ago
The National Assembly of Venezuela on Monday moved forward with mining reforms pushed by the United States, which is …
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Live Nation settles antitrust case with US Justice Dept, states object
AFP - 9h ago
Live Nation reached a tentative settlement with the US Justice Department on Monday in the federal antitrust case …
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Anthropic sues Trump admin over Pentagon blacklisting
Mar 09 2026
Anthropic filed suit Monday against the Trump administration, alleging the US government retaliated against the company …
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US stocks end wild session higher as Trump says Iran war 'pretty much' over
Mar 09 2026
Comments from President Donald Trump declaring the Middle East war "pretty much" over sent US stocks skyward at the end …
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France, allies preparing bid to 'gradually' reopen Strait of Hormuz
Mar 09 2026
France and its allies are preparing a "defensive" mission to reopen the strategically vital Strait of Hormuz, President …
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Shipping giant MSC halts Gulf exports amid war risks
Mar 09 2026
Global shipping giant MSC announced Monday it was formally halting certain export shipments from the Gulf because of the …
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Trump's limited options to curb Iran war oil price surge
Mar 09 2026
US President Donald Trump is under pressure to curb oil prices sent skyrocketing by the war with Iran, but has only …
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UK finance minister warns of higher inflation amid Iran war
Mar 09 2026
UK finance minister Rachel Reeves warned on Monday the country could face rising inflation due to the fallout of the US …
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Anthropic takes Trump administration to court over Pentagon row
Mar 09 2026
Anthropic filed suit Monday against the Trump administration, alleging the US government retaliated against the AI …
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Iran war sends crude prices soaring as Khamenei son takes charge
Mar 09 2026
The Iran war sent oil prices soaring on Monday after Tehran, under new leader Mojtaba Khamanei, fired a new barrage of …
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Ships brandish China-links to weave through Strait of Hormuz
Mar 09 2026
Ships anchored in the Gulf or transiting the Strait of Hormuz are changing their tracking data to boast links to China …
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Stocks slide as oil soars past $100 on Mideast war
Mar 09 2026
Stock markets slumped as energy prices soared on Monday as supply disruptions from the Middle East war drove volatility …
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G7 'not there yet' on release of oil reserves: French minister
Mar 09 2026
France's finance minister said Monday the G7 was "not there yet" in terms of any release of strategic oil reserves as …
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Iran war sends oil price soaring as Khamenei son takes charge
Mar 09 2026
The Iran war sent oil prices spiralling above $100 a barrel on Monday after Tehran under new leader Mojtaba Khamanei …
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War in the Middle East: latest developments
Mar 09 2026
Here are the latest events in the Middle East war on Monday:
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UK PM Starmer says 'monitoring' economic impact of Iran war
Mar 09 2026
British Prime Minister Keir Starmer said Monday the government was monitoring the economic fallout of the US and …
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Bangladesh scraps light displays as Mideast war worsens fuel crunch
Mar 09 2026
Bangladesh has tightened security at filling stations, sent students home and even scrapped light displays for …
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Stocks tumble, oil soars past $100 on Mideast war
Mar 09 2026
Stock markets plunged and energy prices soared on Monday as supply disruptions from the Middle East war drove volatility …
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Asian economies move to limit Mideast war's impact at home
Mar 09 2026
Faced with soaring prices and disruptions to their oil and gas supplies, Asian countries heavily dependent on fossil …
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Khamenei's son takes charge as Iran war sends oil price soaring
Mar 09 2026
Iran marked the appointment of Ayatollah Mojtaba Khamenei to replace his father as its supreme leader with a new barrage …
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Equities plunge as energy prices soar on Mideast crisis
Mar 09 2026
Stock markets plunged Monday as oil and gas prices soared on fears about supplies from the Middle East with the …
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Asian equities plunge as oil soars 30% on Mideast crisis
Mar 09 2026
Asian stock markets plunged Monday as oil prices soared 30 percent on fears about supplies from the Middle East as the …
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France to host G7 finance meeting on Mideast
Mar 09 2026
France will host a video meeting of G7 finance ministers on the Middle East crisis on Monday, as the war fuels fears for …
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Trump defends Iran war decision as oil soars above $100
Mar 09 2026
Oil prices surged above $100 a barrel for the first time in nearly four years on Sunday over worries that the spiralling …
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Macron to visit Cyprus as French warships deploy to counter Iran threat
Mar 08 2026
President Emmanuel Macron will visit Cyprus on Monday, his office said, as France deploys warships to the Mediterranean …
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10 vessels attacked in Hormuz Strait: analysts
Mar 08 2026
About 10 vessels in or near the Strait of Hormuz have come under attack since Iran blocked the strategic waterway in …
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US says it will not hit Iran energy sector
Mar 08 2026
The United States will spare Iran's energy infrastructure as it wages war with Israel against the Islamic republic, …
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Young Chinese parents tighten belts as childcare costs rise
Mar 08 2026
New mother Zhang Xiaofei wanted to be financially secure before having a baby, wary of high childcare costs that have …
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Sony faces $2.7 bn class action from UK PlayStation users
Mar 08 2026
Japanese entertainment giant Sony will face a £2 billion ($2.7 billion) class action lawsuit starting Tuesday in London, …
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Why have 1,000 ships at times lost their GPS in the Mideast?
Mar 08 2026
The global positioning system (GPS) capabilities of cargo ships, oil tankers and other vessels stuck in the Middle East …
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India's economy is booming, but uneven growth clouds ascent
Mar 08 2026
For years India's economy was driven by its vast services sector that saw millions of people working away in low-cost …
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Israeli strike kills four at Beirut hotel: Lebanon
Mar 08 2026
An Israeli strike on a hotel in central Beirut killed at least four people Sunday, Lebanese officials said, underscoring …
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Netanyahu vows to press Iran war as Trump honors slain US troops
Mar 08 2026
Israeli Prime Minister Benjamin Netanyahu vowed Saturday to prosecute the war with Iran "with all our force", declaring …
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Netanyahu vows to carry on war, 'eradicate Iranian regime'
Mar 07 2026
Israeli Prime Minister Benjamin Netanyahu vowed on Saturday to carry on the war with Iran, saying Israel had a …
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Iran fires at Gulf neighbours as Trump threatens more strikes
Mar 07 2026
Iran launched waves of missile and drone attacks on its Gulf neighbours hosting US forces on Saturday and vowed no …
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Women rule the roost atop the Gdansk shipyard cranes
Mar 07 2026
For the past 30 years, Halina Krauze has sat atop a 15-metre (49-foot) crane surveying the Gdansk shipyard, the …
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Trump threatens to escalate bombing as Iran vows no surrender
Mar 07 2026
President Donald Trump threatened to escalate the bombing of Iran on Saturday as Iranian President Masoud Pezeshkian …
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Iran vows no surrender as air strikes hit Tehran airport
Mar 07 2026
Iran's President Masoud Pezeshkian vowed Saturday that his country would never surrender, as Israel announced a fresh …
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Google gives CEO new pay deal worth up to $692 million
Mar 07 2026
The CEO of Google and its parent company Alphabet could earn up to $692 million over the next three years under a new …
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Israel fires 'broad-scale' strikes on Tehran as war hits 2nd week
Mar 07 2026
Israel announced a new wave of "broad-scale" strikes on Tehran on Saturday as the escalating war in the Middle East …
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Rising US fuel prices risk sparking domestic wildfire for Trump
Mar 07 2026
Sean Robinson, a 54-year-old schoolteacher in the US capital Washington, did not realize how high gas prices had gotten …
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Venezuela inflation hit 475% in 2025, the world's highest level
Mar 07 2026
Venezuelan inflation soared to 475 percent in 2025, the highest in the world, driven by a tightening of US sanctions in …
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Oil prices surge as Mideast war rages, stocks fall on US jobs
Mar 07 2026
Crude prices surged Friday on mounting fears about oil supply disruption during the Middle East war, while equities …
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Israel announces new wave of 'broad-scale' strikes on Tehran
Mar 07 2026
Israel announced a new wave of "broad-scale" strikes on Tehran on Saturday as US President Donald Trump said only Iran's …
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Only Iran's 'unconditional surrender' can end war: Trump
Mar 06 2026
US President Donald Trump said Friday that only Tehran's unconditional surrender would bring an end to the escalating …
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Anthropic vows court fight in Pentagon row
Mar 06 2026
Anthropic chief executive Dario Amodei has said the company has "no choice" but to challenge in court the Pentagon's …
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Only nine commercial ships detected crossing Hormuz Strait since Monday
Mar 06 2026
Only nine oil tankers, cargo and container ships, some of which at times concealed their position, have been recorded …
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Trump says only Iran's 'unconditional surrender' can end war
Mar 06 2026
US President Donald Trump said Friday that only Tehran's unconditional surrender would bring an end to the escalating …
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Only nine commercial ships detected crossing the Hormuz Strait since Monday
Mar 06 2026
Only nine oil tankers, cargo and container ships, some of which at times concealed their position, have been recorded …
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Middle East war a new shock for financial markets
Mar 06 2026
The outbreak of war in the Middle East has sent shockwaves through financial markets, with energy prices soaring and …
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Swiss eyeing fewer F-35 fighters, reshaping defence set-up
Mar 06 2026
Switzerland announced Friday it wanted to buy 30 US F-35A fighter jets rather than 36 after Washington hiked the price, …
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Germany's Axel Springer swoops for British newspaper The Telegraph
Mar 06 2026
German media group Axel Springer said Friday it had agreed to buy right-wing British newspaper The Telegraph in a …
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Leading satellite firm to hold back Gulf state images
Mar 06 2026
Planet Labs PBC, a leading provider of high resolution images taken from space, said Friday it would hold back for 96 …
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Iceland proposes August 29 referendum on resuming EU membership talks
Mar 06 2026
Iceland's government on Friday proposed that a referendum be held on August 29 on resuming the country's EU membership …
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US sheds jobs in February in warning sign for Trump's economy
Mar 06 2026
The United States unexpectedly lost jobs in February while unemployment edged up, government data showed Friday, piling …
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Securing shipping lane from Mideast war 'challenging', say experts
Mar 06 2026
The United States and France have promised to secure oil shipping threatened by the Middle East war, but experts warn …
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Oil prices climb as Mideast war rages, stocks fall on US jobs
Mar 06 2026
Crude prices surged higher Friday as oil fields in Iraq came under attack and US Donald Trump demanded Iran's …
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US retail sales decline as consumer pullback deepens
Mar 06 2026
US retail sales declined by 0.2 percent in January, according to delayed government data released on Friday, missing …
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War in Middle East raises stagflation fears in Europe and beyond
Mar 06 2026
Global energy prices have shot upwards after the US and Israel unleashed war in the Middle East, but just how far those …
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Soaring gas prices spark renewed debate about European electricity
Mar 06 2026
A surge in natural gas prices since the Middle East war erupted has sparked renewed debate about Europe's electricity …
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Mideast war escalates as fresh strikes batter Iran
Mar 06 2026
Fresh strikes rocked Iran and Lebanon Friday as Israel and the United States stepped up their attacks in the sprawling …
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Iran drone strike on Azerbaijan raises fears of Mideast war spreading to Caucasus
Mar 06 2026
Iranian drone strikes on Azerbaijan have raised fears that the Middle East war could spill into the Caucasus, as Baku, …
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Stocks fluctuate, oil climbs as Mideast crisis rages
Mar 06 2026
Global stock markets fluctuated and oil prices jumped Friday at the end of a volatile week's trading unleashed by the …
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Mideast war is heightening uncertainty, Lufthansa warns
Mar 06 2026
German aviation giant Lufthansa warned Friday it faced a more uncertain outlook because of the unfolding Middle East …
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China says 'clearly aware' of economic risks, vows to boost spending
Mar 06 2026
China's leaders are "clearly aware" of challenges facing growth, the head of the country's top economic planning body …
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Mideast war enters 'next phase' as strikes hit Iran, Lebanon
Mar 06 2026
Fresh strikes rocked Iran and Lebanon on Friday, as Israel vowed to escalate to a new phase in the Middle East war that …
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Most Asian equities drop as Mideast crisis rages, though oil dips
Mar 06 2026
Asian markets mostly down Friday as the war in the Middle East showed no sign of ending, though there was some reprieve …
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Lufthansa warns of heightened 'uncertainty' from Mideast war
Mar 06 2026
German aviation giant Lufthansa warned Friday it faced heightened uncertainty because of the unfolding Middle East …
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Equities mixed as Mideast crisis rages, though oil dips
Mar 06 2026
Asian markets were mixed Friday as the war in the Middle East showed no sign of ending, though there was some reprieve …
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Italy challenges EU over key climate tool
Mar 06 2026
Italy is once again challenging the EU's green transition, pushing for an overhaul of the bloc's carbon trading scheme …
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Heavy attacks hit Tehran as Israel says war in 'new phase'
Mar 06 2026
Heavy attacks were reported in Tehran on Friday after Israel said it was hitting "regime infrastructure" in a "new …
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