Business and Economy



Brazil welcomes China lift of ban on poultry imports

AFP - 28m ago

Brazil, the world's biggest exporter of chicken meat, on Friday welcomed China's move to lift a ban on imports of the …

Nexperia chip exports resuming: German auto supplier

AFP - 1h ago

A leading German auto supplier said Friday it has received permission to export Nexperia chips from China again as …

Stocks fall on renewed AI bubble fears

AFP - 1h ago

Stock markets fell Friday on renewed fears of an AI bubble, a weak US job market and a prolonged US government shutdown.

Serbia fast-tracks army HQ demolition for Trump family hotel

AFP - 2h ago

Serbia's parliament on Friday moved to fast-track the demolition of the bombed-out Yugoslav Army headquarters in central …

Inside Germany's rare earth treasure chest

AFP - 1h ago

In a World War II bunker east of Frankfurt, a steel door weighing over four tonnes protects Germany's largest reserve of …

Ikea profits drop on lower prices, tariff costs

AFP - 3h ago

The world's leading furniture company, Ikea, reported a sharp fall in annual profits on Friday as it focused on dropping …

European, Asian stocks decline after Wall Street slide

AFP - 2h ago

European and Asian stock markets retreated Friday after a slide on Wall Street following weak US jobs data and signals …

Markets drop as valuations and US jobs, rates spook investors

AFP - 3h ago

Stocks on Friday tracked Wall Street losses propelled by investors weighing weak US jobs data against signals the …

Chinese microdrama creators turn to AI despite job loss concerns

AFP - 12h ago

Ultra-short video series "Strange Mirror of Mountains and Seas" is filled with dragon-like monsters, handsome …

US facing travel chaos as flights cut due to govt shutdown

AFP - 14h ago

Travelers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on …

Trump unveils deals to lower costs of some weight-loss drugs

AFP - 14h ago

US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the …

'Grand Theft Auto VI' video game delayed again until Nov. 2026

Nov 06 2025

The newest installment to the blockbuster "Grand Theft Auto" video game franchise has been delayed again, this time …

Stocks slide as investors weigh data, interest rate cuts

Nov 06 2025

US and European stocks slumped Thursday as investors weighed another wave of corporate results, economic data and the …

France urges EU to sanction Shein platform

Nov 06 2025

France has urged the European Union to take measures against Asian e-commerce giant Shein, two ministers said Thursday, …

Rally outside Rockstar against GTA studio's 'union busting'

Nov 06 2025

Dozens of people protested Thursday outside Rockstar Games' offices in Edinburgh, accusing the multi-billion dollar …

US judge drops criminal charges against Boeing over 737 MAX 8 crashes

Nov 06 2025

A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of …

Crypto giant Coinbase fined in Ireland for rule breaches

Nov 06 2025

Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over …

German steel industry girds for uncertain future

Nov 06 2025

Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in …

Stocks slip as investors weigh earnings, tariffs

Nov 06 2025

US and European stocks sputtered Thursday as investors weighed another wave of corporate results, interest rates, the US …

Police say 19 held after raid at Swedish start-up Stegra to be deported

Nov 06 2025

Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel …

Teetering Belgian government given more time to agree budget

Nov 06 2025

Belgian Prime Minister Bart De Wever gave his deadlocked ruling coalition more time to agree a cost-cutting budget on …

Merz backs EU plan to protect steel sector from Chinese imports

Nov 06 2025

Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, …

Bank of England leaves rate unchanged before UK budget

Nov 06 2025

The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's …

Battered US businesses eye improved China trade at Shanghai expo

Nov 06 2025

Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with …

Drugmaker AstraZeneca profit jumps as US business grows

Nov 06 2025

British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and …

European stocks fall after gains in Asia, US

Nov 06 2025

European stock markets dropped Thursday following gains in Asia and on Wall Street as traders reacted to positive US …

US to cancel flights as longest govt shutdown drags on

Nov 06 2025

US officials said the scheduled capacity for flights would be cut by 10 percent in 40 busy air traffic areas nationwide …

Asian markets bounce from selloff as US jobs beat forecasts

Nov 06 2025

Asian markets rose on Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on …

Budget impasse threatens Belgium's ruling coalition

Nov 06 2025

Belgium's Prime Minister Bart De Wever looked Thursday to pile pressure on his deadlocked government partners to agree …

Probe into Thales defence group looking at Indonesian contract

Nov 06 2025

A French-British investigation into alleged bribery at France-based defence giant Thales is examining a contract with …

Musk's $1 trillion pay package to face Tesla shareholder vote

Nov 06 2025

Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to …

BoE set for finely balanced pre-budget rate call

Nov 06 2025

The Bank of England is expected to hold its key interest rate unchanged on Thursday but some analysts are not ruling out …

Eyes turn to space to feed power-hungry data centers

Nov 06 2025

Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet …

Boeing settles with one plaintiff in 737 MAX crash trial

Nov 06 2025

Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash …

Wall Street stocks rebound after positive jobs data

Nov 05 2025

Wall Street stocks advanced Wednesday after better-than-expected jobs data soothed concerns about the US economy with …

US Supreme Court appears skeptical of Trump tariff legality

Nov 05 2025

A majority of US Supreme Court justices appeared deeply skeptical of the legality behind a swath of Donald Trump's …

Promotions lift McDonald's sales in tricky consumer market

Nov 05 2025

Fast-food giant McDonald's scored solid sales growth Wednesday following promotions to attract struggling consumers, …

BMW reports rising profitability, shares jump

Nov 05 2025

BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of …

US Supreme Court debates legality of Trump's tariffs

Nov 05 2025

US Supreme Court justices questioned the legality behind a wide swath of Donald Trump's tariffs on Wednesday, as they …

Wall Street stocks rise after positive jobs data

Nov 05 2025

Wall Street stocks pushed higher on Wednesday after better-than-expected jobs data soothed concerns about the US …

France moves to suspend Shein website as first store opens in Paris

Nov 05 2025

Shein opened its first physical store worldwide in Paris under the eye of riot police, as the French government said it …

Brussels wants high-speed rail linking EU capitals by 2040

Nov 05 2025

The European Commission Wednesday unveiled twin initiatives aimed at slashing transport carbon emissions across the …

Swiss business chiefs met Trump on tariffs: Bern

Nov 05 2025

Swiss business leaders have met US President Donald Trump to draw his attention to the toll that steep tariffs are …

At least 9 dead after cargo plane crashes near Louisville airport

Nov 05 2025

The death toll from a UPS cargo plane crashing in Louisville has risen to nine with more fatalities feared, Kentucky's …

US Supreme Court hears challenge to Trump tariff powers

Nov 05 2025

The US Supreme Court began hearing arguments Wednesday on whether a wide swath of Donald Trump's tariffs are lawful, in …

Wall Street stocks steady after positive jobs data

Nov 05 2025

Wall Street stocks steadied on Wednesday after better-than-expected jobs data soothed concerns about the US economy.

Swedish authorities inspect worksite conditions at steel startup Stegra

Nov 05 2025

Officials from several government agencies conducted a surprise inspection of steelmaker Stegra's construction site in …

Shein opens first permanent store amid heavy police presence

Nov 05 2025

Shein opened its first brick-and-mortar store in the world in Paris on Wednesday amid a heavy police presence, as …

BMW boosts profitability, welcomes Nexperia signals

Nov 05 2025

BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of …

Stocks retreat as tech bubble fears grow

Nov 05 2025

Technology companies led sell-offs on stock markets Wednesday, as investors grow increasingly worried about an AI bubble …

German factory orders up but outlook still muted

Nov 05 2025

German industrial orders rose in September for the first time in five months, data showed Wednesday, but officials …

Where things stand on China-US trade after Trump and Xi talk

Nov 05 2025

China and the United States have lowered the temperature in their spiralling trade war, bringing a precarious end to …

Asian markets sink as tech bubble fears grow

Nov 05 2025

Tech companies led a sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble …

BMW boosts profitability despite China, tariff woes

Nov 05 2025

German carmaker BMW on Wednesday reported a rise in profitability in the last quarter despite facing challenges from …

Toyota hikes profit forecasts 'despite US tariffs'

Nov 05 2025

Japanese auto giant Toyota on Wednesday hiked its operating income and net profit forecasts for the current fiscal year …

At least 7 dead after UPS cargo plane crashes near Louisville airport

Nov 05 2025

At least seven people died and several more were injured after a UPS cargo plane crashed shortly after takeoff on …

Sri Lanka targets big fish in anti-corruption push

Nov 05 2025

When Sri Lanka's economy collapsed in 2022, politicians and officials were accused of brazenly stealing the island's …

Asian markets tumble as tech bubble fears grow

Nov 05 2025

Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble …

New lawsuit alleges Spotify allows streaming fraud

Nov 04 2025

A new lawsuit alleges streaming giant Spotify turns a blind eye to vast networks of bots that inflate streaming figures …

Stocks mostly drop as tech rally fades

Nov 04 2025

Global stocks mostly fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an …

Cement maker Lafarge on trial in France over jihadist funding

Nov 04 2025

Cement conglomerate Lafarge went on trial in France Tuesday, accused of paying the Islamic State group and other …

Stocks drop as tech rally fades

Nov 04 2025

Stock markets fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI …

Shein vows to cooperate with France in probe over childlike sex dolls

Nov 04 2025

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over …

Experts call for global panel to tackle 'inequality crisis'

Nov 04 2025

Wealth inequality is a global emergency that threatens democracy and social cohesion, experts warned Tuesday, urging G20 …

Starbucks cedes China control to Boyu Capital

Nov 04 2025

Starbucks has announced it will sell a controlling stake in its Chinese retail operations as it seeks to revitalise …

Nvidia, Deutsche Telekom unveil 1-bn-euro AI industrial hub

Nov 04 2025

US tech giant Nvidia and Deutsche Telekom said Tuesday a one-billion-euro ($1.1 billion) industrial artificial …

Cement maker Lafarge on trial in France on charges of funding jihadists

Nov 04 2025

Cement group Lafarge went on trial in France Tuesday, accused of paying the Islamic State group and other jihadists …

Pfizer profits dip on lower Covid-19 related sales

Nov 04 2025

Pfizer reported a drop in third-quarter profits Tuesday as lower sales of Covid-19 products more than offset gains in …

Stocks drop as traders assess tech rally

Nov 04 2025

Stock markets fell Tuesday as investors weighed the recent tech rally on Wall Street against growing fears of an AI …

Spain's Telefonica shares drop on dividend cut, net loss

Nov 04 2025

Shares in Spanish telecoms giant Telefonica fell sharply on Tuesday after it posted a net loss for the first nine months …

Shein vows to cooperate with France in sex doll probe

Nov 04 2025

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over …

BP profit surges despite lower oil prices

Nov 04 2025

British energy giant BP on Tuesday reported a sharp rise in net profit for the third quarter as higher oil output and …

Shein vows to cooperate with France in childlike sex doll probe

Nov 04 2025

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over …

Asian markets slip as traders eye tech rally, US rate outlook

Nov 04 2025

Asian markets fell Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming …

Nintendo hikes Switch 2 annual unit sales target

Nov 04 2025

Nintendo said Tuesday it aims to sell 19 million Switch 2 consoles within this financial year, up from its previous …

South Korea to triple AI spending, boost defence budget

Nov 04 2025

South Korea will triple spending on artificial intelligence and make its biggest defence budget increase in six years, …

Myanmar scam hub sweep triggers fraudster recruitment rush

Nov 04 2025

Recent raids on one of Myanmar's most notorious internet scam hubs sparked a recruitment rush as fleeing workers …

Asian markets swing as trades eye tech rally, US rate outlook

Nov 04 2025

Asian markets fluctuated Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is …

Shein bans sex dolls after France outrage over 'childlike' ones

Nov 04 2025

Asian e-commerce giant Shein said Monday it was banning sex dolls from sale on its sites globally after French …

Trial opens in 1st US civil case on 2019 Boeing MAX crash

Nov 03 2025

Relatives of victims in the fatal crash of a Boeing 737 MAX plane operated by Ethiopian Airlines headed to court Monday …

Mixed day for global stocks as market digests latest AI deals

Nov 03 2025

Global stock markets were mixed Monday with the Nasdaq rising and the Dow retreating as traders digested major AI deals …

US Fed's Cook warns inflation to stay 'elevated' next year

Nov 03 2025

A key US central bank official warned Monday that inflation would likely remain elevated in the coming year as tariffs …

France threatens Shein ban if 'childlike' sex dolls reappear

Nov 03 2025

France's finance minister threatened Monday to ban Shein from the country if the Asian e-commerce giant resumes selling …

Stock markets diverge despite boost from AI deals

Nov 03 2025

Global stock markets diverged Monday despite fresh major AI deals boosting the tech sector.

Stock markets rise as tech sector buoyed by fresh AI deal

Nov 03 2025

Global stock markets mostly rose Monday as a fresh major AI deal fuelled a rally in the tech sector.

Denmark inaugurates rare low-carbon hydrogen plant

Nov 03 2025

Denmark inaugurated one of Europe's few low-carbon hydrogen plants on Monday, a sector touted as a key to cleaner energy …

German plans to lower industrial power costs from January

Nov 03 2025

Germany plans to begin a scheme to slash energy costs for power-hungry manufacturers in January, the economy minister …

Stock markets rise on AI optimism

Nov 03 2025

Major European and Asian stock markets rose Monday as optimism over the artificial intelligence sector carried over into …

Video game creators fear AI could grab the controller

Nov 03 2025

Generative artificial intelligence models capable of dreaming up ultra-realistic characters and virtual universes could …

Most equity markets rise on lingering trader optimism

Nov 03 2025

Stocks rose on Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.

Asian markets rise on lingering trader optimism

Nov 03 2025

Stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall …

Most Asian markets rise on lingering trader optimism

Nov 03 2025

Most stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on …

Trump's global tariffs to face challenge before Supreme Court

Nov 03 2025

The US Supreme Court is set to hear arguments Wednesday on the legality of Donald Trump's unprecedented use of powers …

'Regretting You' wins spooky slow N. American box office

Nov 02 2025

Paramount's "Regretting You," the latest film adaptation of a Colleen Hoover novel, finished first place in a lackluster …

OPEC+ further hikes oil output

Nov 02 2025

The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further …

Death becomes a growing business in ageing, lonely South Korea

Nov 02 2025

Rows of coffins line a university classroom in the South Korean port city of Busan, ready for use in training the …

'I can't eat': Millions risk losing food aid during US shutdown

Nov 02 2025

Approximately one in eight Americans receive food stamp benefits from the US government, a program at risk of losing its …

OPEC+ looks set to further hike oil output

Nov 02 2025

Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to agree to further hike oil …

High price of gold inspires new rush in California

Nov 02 2025

Matt James has collected gold nuggets for years from the hills and riverbeds of California, but as the precious metal's …

'Swing for the fences': Carney promises bold budget as US threat grows

Nov 02 2025

Canada's new Liberal government unveils its first budget on Tuesday, with Prime Minister Mark Carney saying "bold risks" …

French fraud watchdog reports Shein for 'childlike' sex dolls

Nov 01 2025

France's anti-fraud unit said on Saturday it had reported Asian e-commerce giant Shein for selling what it described as …

China to exempt some Nexperia chips from export ban

Nov 01 2025

China said on Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch …