Business and Economy



Trump says Ukraine should not target Moscow

AFP - 14m ago

US President Donald Trump said Tuesday that Ukraine should not target Moscow, after the Kremlin charged that a new US …

Trump says Indonesia to face 19% tariff under trade deal

AFP - 18m ago

President Donald Trump said Tuesday that he had struck a trade pact with Indonesia resulting in significant purchase …

French PM proposes cutting national holidays to cut debt

AFP - 1h ago

Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays in France as part of a bid …

Nvidia says it will resume sales of 'H20' AI chips to China

AFP - 1h ago

US tech giant Nvidia announced Tuesday it will resume sales of its H20 artificial intelligence chips to China after …

Tackling debt 'curse', France wants to slash holidays

AFP - 1h ago

France's Prime Minister Francois Bayrou said Tuesday he wanted to reduce the number of public holidays as part of an …

US banks see lower recession risk despite tariff fog

AFP - 4h ago

Large US banks reported results that topped estimates Tuesday as executives pointed to American economic resilience and …

EU threatens US planes and whiskey while pressing for deal

AFP - 4h ago

Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a …

US consumer inflation accelerates as tariff effects creep in

AFP - 4h ago

US consumer inflation picked up in line with analyst expectations in June, government data showed Tuesday, with vehicle …

Stocks diverge, as US inflation puts focus on Trump's tariffs

AFP - 52m ago

Global stock markets went in different directions on Tuesday, as an uptick in US inflation suggested President Donald …

Fallen Austrian tycoon Benko charged with fraud

AFP - 5h ago

Austrian tycoon Rene Benko has been charged with fraud as part of a wide-ranging probe into the insolvency of his real …

Las Vegas Sands makes $8 bn Singapore bet with resort expansion

AFP - 5h ago

Casino operator Las Vegas Sands broke ground Tuesday on a new $8 billion project to expand its iconic Marina Bay Sands …

US consumer inflation accelerates as tariff scrutiny grows

AFP - 1h ago

US consumer inflation picked up in line with analyst expectations last month, government data showed Tuesday, as …

Russia suggests Trump is emboldening Ukraine, delaying peace

AFP - 7h ago

The Kremlin warned Tuesday that US President Donald Trump's pledge of more weapons for Kyiv and threat of sanctions …

Stock markets gain, dollar dips before US inflation

AFP - 2h ago

Stock markets mostly gained and the dollar eased Tuesday ahead of key US inflation data, and after Chinese economic …

Tesla marks India entry with first showroom 

AFP - 8h ago

Tesla unveiled its first showroom in India on Tuesday, marking its entry into the world's most populous country, as Elon …

LVMH Italian fashion house Loro Piana put under court administration

AFP - 1h ago

Italian fashion house Loro Piana, owned by French giant LVMH, has been placed under court administration for allegedly …

Markets rise as China's economy meets forecasts

AFP - 3h ago

Markets rose Tuesday as data showed China's economic growth met expectations, while optimism that governments will …

'Dialogue' must be at heart of China, Australia ties, PM tells Xi

AFP - 11h ago

"Dialogue" must be at the heart of ties between Canberra and Beijing, Australian Prime Minister Anthony Albanese said on …

Markets mostly rise as China's economy meets forecasts

AFP - 40m ago

Most markets rose Tuesday as data showed China's economic growth met expectations, while optimism that governments will …

Skidding Nissan to halt production at Japanese plant

AFP - 13h ago

Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 …

China's economy grows 5.2% on trade war truce

AFP - 11h ago

China's economy expanded more than five percent in the second quarter, official data showed Tuesday, buoyed by strong …

Ivory Coast farmers hope tech tempts jaded youth back to fields

AFP - 9h ago

Stopwatch in hand, dozens of Ivory Coast students raced against the clock to design robots for the farms of the future …

Asian markets mixed as China's economy meets forecasts

AFP - 4h ago

Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that …

Pentagon inks contracts for Musk's xAI, competitors

AFP - 11h ago

The Pentagon announced contracts on Monday with multiple leading US artificial intelligence firms including Elon Musk's …

Tech giants scramble to meet AI's looming energy crisis

AFP - 12h ago

The artificial intelligence industry is scrambling to reduce its massive energy consumption through better cooling …

US pro athletes reject antitrust exemptions for college sports

AFP - 11h ago

Professional players unions for the five major US sports leagues -- baseball, soccer, basketball, football and hockey -- …

US House set to vote on landmark crypto bills this week

Jul 14 2025

US lawmakers are on the verge of passing landmark legislation that will give the much-maligned crypto world much-wanted …

Elon Musk's xAI inks Pentagon deal for contentious Grok chatbot

Jul 14 2025

Elon Musk's xAI, which features a large language model that has spewed Hitler-supporting rhetoric and antisemitic …

Markets shrug off Trump tariff threat against EU

Jul 14 2025

Major stock markets on Monday largely shrugged off US President Donald Trump's latest tariffs threat to hit the EU and …

Ukraine's Zelensky proposes new PM, defence minister in major reshuffle

Jul 14 2025

Ukrainian President Volodymyr Zelensky on Monday proposed a new prime minister and defence minister, part of a major …

Ukraine's Zelensky seeks shakeup with new prime minister

Jul 14 2025

Ukrainian President Volodymyr Zelensky said Monday that he was recommending economy minister Yulia Svyrydenko become …

EU still seeks Trump trade deal -- but readies retaliation

Jul 14 2025

The EU on Monday moved to firm up possible retaliation if US President Donald Trump hits the bloc with 30-percent …

Stocks slide on Trump tariff threat against EU

Jul 14 2025

Major stock markets slipped but without panic on Monday as investors digested US President Donald Trump's latest tariffs …

EU climate VP seeks 'fair competition' with China on green energy

Jul 14 2025

The European Union is seeking "fair competition" with China and not a race to the bottom in wages and environmental …

Japan's World Barber Classic tries to bring back business

Jul 14 2025

Hundreds of rowdy spectators, many heavily tattooed, roared Monday at a Tokyo arena usually reserved for boxing -- …

Stocks diverge after Trump's latest tariff warning

Jul 14 2025

Major stock markets diverged and the dollar largely steadied Monday after President Donald Trump's latest trade war …

EU still seeks trade deal after new Trump tariff threat

Jul 14 2025

The EU still hopes to strike a deal with the United States despite President Donald Trump's ramped-up threat of …

European markets drop after Trump's latest tariff warning

Jul 14 2025

European markets mostly fell Monday while Asia was mixed as investors digested Donald Trump's latest trade war salvos …

Mexican voice actors demand regulation on AI voice cloning

Jul 14 2025

Mexican actors protested the growing threat artificial intelligence poses to their industry, calling on Sunday for …

China exports beat forecasts in June after US tariff truce

Jul 14 2025

China's exports rose more than expected in June, official data showed Monday, after Washington and Beijing agreed a …

EU ministers weigh response to latest Trump tariff threat

Jul 14 2025

EU ministers on Monday will debate the bloc's approach to trade talks with the United States, as Brussels scrambles to …

China exports soared in June, beating forecasts: official data

Jul 14 2025

China's exports jumped in June, official data showed Monday, beating forecasts in a month when Washington and Beijing …

Asian markets mostly rise on lingering trade deal optimism

Jul 14 2025

Most Asian markets rose Monday as investors digested Donald Trump's latest trade war salvos that saw him threaten to hit …

'Las Vegas in Laos': the riverside city awash with crime

Jul 14 2025

Rising from the muddy fields on the Mekong riverbank in Laos, a lotus tops a casino in a sprawling city which analysts …

Tesla to offer shareholders chance to invest in xAI: Musk

Jul 14 2025

Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both …

US conducts military exercises at Panama Canal

Jul 14 2025

The United States military teamed with Panamanian police to conduct a series of new exercises aimed at protecting the …

US senators aim to arm Trump with 'sledgehammer' sanctions against Russia

Jul 13 2025

US senators on Sunday touted a bipartisan bill that would arm President Donald Trump with "sledgehammer" sanctions to …

EU chief delays retaliation for US tariffs in search of deal

Jul 13 2025

EU chief Ursula von der Leyen said Sunday that Brussels would continue to hold off on hitting back at US steel and …

France says Australia defence ties repaired after submarine row

Jul 13 2025

France's defence relations with Australia have recovered after their 2021 bust-up over a major submarine contract, the …

Trump's dealmaker name on the line in high stakes tariff talks

Jul 13 2025

President Donald Trump set out early in his second term to fulfill a decades-long desire of reshaping US trade with the …

Impact of US tariffs varies across European Union

Jul 12 2025

European countries are not all equally exposed to the US market and so will not suffer the same consequences should …

xAI apologizes for Grok's offensive posts

Jul 12 2025

Elon Musk's startup xAI apologized Saturday for offensive posts published by its artificial intelligence assistant Grok …

Trump says Mexico, EU to face 30% tariff from Aug 1

Jul 12 2025

President Donald Trump on Saturday targeted Mexico and the European Union with steep 30 percent tariffs, dramatically …

Fuel to Air India jet engines cut off moments before crash: probe

Jul 12 2025

Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff, killing 260 people, were …

Boeing evades MAX crash trial with last-minute settlement

Jul 12 2025

Boeing has reached a settlement with a man whose family died in a 737 MAX crash in 2019, a law firm told AFP on Friday, …

Stocks fall as Trump ramps up tariff threats

Jul 11 2025

European and US stock markets retreated Friday as US President Donald Trump ramped up his trade offensive, threatening a …

France probes X over claims algorithm enabled 'foreign interference'

Jul 11 2025

French police are investigating claims that social media network X, formerly known as Twitter, skewed its algorithm to …

Trump's tariff threats and delays: state of play

Jul 11 2025

US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as …

Trump threatens Canada with higher tariff, mulls further global levies

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said in a …

IEA sees anaemic global oil demand growth amid tariff turmoil

Jul 11 2025

Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff …

Stocks mostly fall as Trump ramps up tariff threats

Jul 11 2025

Stock markets mostly retreated Friday as US President Donald Trump ramped up his trade war, threatening a higher blanket …

The main moments of Paris Couture Week

Jul 11 2025

Paris Haute Couture Week has wrapped up after four days of shows that featured the end of an era at Balenciaga, the …

Defence, joint debt and farmers: EU draws budget battle lines

Jul 11 2025

When the European Union unveils its long-term spending proposals next week, it will kick off the bloc's biggest budget …

Danes reluctant to embrace retirement at 70

Jul 11 2025

On paper, Kirsten Evans is among the first group of Danes who have to wait until age 70 to retire with a full pension, …

London's Heathrow eyes higher fees for £10bn upgrade

Jul 11 2025

London's Heathrow Airport on Friday said it plans to invest £10 billion ($14 billion) over the next five years in …

Trump threatens Canada with 35 percent tariff rate starting Aug 1

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said …

Markets mixed as traders cautiously eye trade developments

Jul 11 2025

Stocks were mixed Friday as investors cautiously watched trade developments as US President Donald Trump's latest tariff …

China's economy likely grew 5.2% in Q2 despite trade war: AFP poll

Jul 11 2025

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, …

Traders brush off new Trump threats to extend stocks rally

Jul 11 2025

Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald …

Trump floats 15 to 20% blanket tariff on trading partners

Jul 11 2025

US President Donald Trump on Thursday said he was considering imposing a 15 or 20 percent blanket tariff on countries …

Why is Trump lashing out at Brazil?

Jul 11 2025

US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist …

'Hurting more than ever': Immigration raids paralyze LA Fashion District

Jul 11 2025

At Cuernavaca's Grill, a Mexican restaurant in the Fashion District of downtown Los Angeles, owner Nayomie Mendoza is …

US targets attempts to dodge Trump tariffs with China in crosshairs

Jul 11 2025

As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic …

Trump says Canada to face 35 percent tariff rate starting Aug 1

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said …

Global stocks mostly rise, shrugging off US tariff threats

Jul 10 2025

Stocks largely rose on Thursday, with London striking a record high and US indices also edging to fresh new peaks, as …

Delta offers upbeat outlook on travel demand, lifting shares

Jul 10 2025

Shares of Delta Air Lines rocketed higher Thursday after the carrier reported better-than-expected profits and …

London stocks hit record high on tariff optimism

Jul 10 2025

Stocks largely rose on Thursday, with London striking a record high, as investors remained optimistic that governments …

Barry Callebaut cuts outlook as chocolate sales volumes melt away

Jul 10 2025

The world's top industrial supplier of chocolate, Barry Callebaut, revised its financial guidance lower on Thursday as …

Snap, crackle and pay: Ferrero to buy WK Kellogg for $3.1 bn

Jul 10 2025

The Ferrero Group will acquire US cereal mainstay WK Kellogg for $3.1 billion as the Italian food giant expands further …

Shein faces 150-mn-euro fine in France

Jul 10 2025

E-commerce giant Shein faces a possible 150-million-euro ($175-million) fine in France for failing to properly get …

Wall Street stocks stall, London hits record high

Jul 10 2025

Wall Street stocks dipped Thursday while London hit a record high as investors remain optimistic overall that …

EU opens new probe into TikTok data transfer to China

Jul 10 2025

An Irish regulator helping police European Union data privacy said Thursday it had launched an investigation into TikTok …

Volkswagen halts electric minivan exports to the United States

Jul 10 2025

German auto giant Volkswagen said Thursday it had suspended deliveries of its electric minivan ID. Buzz due to a …

Italy probes UK online bank Revolut for 'misleading' clients

Jul 10 2025

Italy's competition watchdog said Thursday it had opened an investigation into UK online bank Revolut over "misleading" …

Stocks rise on tariff optimism, London hits record high

Jul 10 2025

Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London …

EU unveils recommendations to rein in powerful AI models

Jul 10 2025

The EU unveiled on Thursday long-delayed recommendations to rein in the most advanced AI models such as OpenAI's ChatGPT …

Trump hits Brazil with 50% tariff, sets date for copper levy

Jul 10 2025

President Donald Trump announced a 50-percent tariff Wednesday targeting Brazil as he blasted the trial of the country's …

London hits record as trade deal hopes fan rally on markets

Jul 10 2025

London hit a record high Thursday as equity markets were boosted by optimism governments will hammer out deals to avoid …

Most stocks rise on trade deal optimism

Jul 10 2025

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President …

Mexico barred from sending cattle to US over flesh-eating pest

Jul 10 2025

The US Secretary of Agriculture has announced ports will be closed to the livestock trade at the southern border after …

In Indonesia, a start-up captures coolants to stop global warming

Jul 10 2025

In the basement of a Jakarta housing complex, surrounded by the silver piping of the air-conditioning system, Indonesian …

Japan's sticky problem with Trump, tariffs and rice

Jul 10 2025

Donald Trump's insistence that "spoiled" Japan imports more US rice is adding to Prime Minister Shigeru Ishiba's …

Stocks mostly rise on trade deal optimism

Jul 10 2025

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President …

AI giant Nvidia becomes first company to reach $4 tn in value

Jul 10 2025

Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet …

Trump broadens push for tariff deals, unveils 50% Brazil levy

Jul 09 2025

US President Donald Trump announced a 50 percent tariff Wednesday targeting Brazil as he blasted the trial of the …

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

Jul 09 2025

The Nasdaq powered to a fresh record and major European markets closed in the green Wednesday, brushing off US President …

US senator warns of fossil fuel coup, economic reckoning

Jul 09 2025

One of the US Senate's leading climate advocates says President Donald Trump's administration no longer governs -- it …

Starbucks receives bids for stake in China business: US media

Jul 09 2025

Starbucks has received around 30 offers from investment firms seeking a stake in the company's China business, US media …

Yemen's Huthis claim deadly Red Sea attack on merchant ship

Jul 09 2025

Yemen's Iran-backed Huthi rebels claimed responsibility Wednesday for the deadly sinking of a merchant vessel earlier …

Trump issues more letters to countries in push for tariff deals

Jul 09 2025

US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for …

Copper's strategic role threatened by Trump tariffs

Jul 09 2025

US President Donald Trump's threat to impose 50-percent tariffs on copper imports has roiled the strategic metal on …

X chief Yaccarino steps down after two years

Jul 09 2025

Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at …