Business and Economy
Nasdaq ends best quarter in 6 years as yen extends drop against dollar
AFP - 5m ago
The tech-rich Nasdaq capped its best quarter in six years on Tuesday, rising with other US indices as bullishness over …
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US Treasury sanctions target alleged drug cartel-linked fuel smuggling ring
AFP - 2h ago
The US Treasury on Tuesday announced new sanctions targeting an alleged fuel smuggling ring that benefits the notorious …
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Starmer boosts budget to modernise UK military before exit
AFP - 3h ago
Britain plans to spend almost £300 billion ($397 billion) over the next four years to modernise its armed forces to …
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German rail regulator backs Italian firm in competition spat
AFP - 4h ago
Germany's rail regulator on Tuesday backed Italian train firm Italo in a case it brought arguing it had been unfairly …
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Stocks rise, yen at 40-year low against dollar
AFP - 5h ago
Renewed buying of technology stocks drove equity markets higher Tuesday while the yen held around a four-decade low …
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Africa EV firm Spiro accused of torturing Uganda employees
AFP - 4h ago
Four employees of Spiro, Africa's leading electric motorbike firm, on Tuesday accused company managers in Uganda of …
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Inflation slows in top eurozone economies as ECB ponders next move
AFP - 6h ago
Inflation slowed in the eurozone's three largest economies in June, data showed Tuesday, boosting the likelihood of the …
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Record number of 'new millionaires' in 2025, says UBS
AFP - 6h ago
Global personal wealth surged in 2025, with a record number of new millionaires, Swiss bank UBS said Tuesday.
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Stocks mostly higher, yen stays near 40-year low against dollar
AFP - 2h ago
Renewed buying of technology stocks helped drive equity markets higher Tuesday while the yen held around a four-decade …
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Ride-share group BlaBlaCar taps AI for 20-country expansion
AFP - 7h ago
French ride-sharing and travel site BlaBlaCar said Tuesday that it would push into 20 new countries -- double the …
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Stocks climb, yen stays near 40-year low against dollar
AFP - 2h ago
Renewed buying of technology stocks helped drive equity markets higher Tuesday while the yen held around a four-decade …
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Outgoing UK PM Starmer announces 'record' defence spending
AFP - 2h ago
Outgoing UK Prime Minister Keir Starmer said on Tuesday that Britain would spend a "record" of almost £300 billion ($397 …
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UN says transport infrastructure must adapt to climate
AFP - 10h ago
Transport infrastructure across Europe, North America and central Asia must adapt to more adverse climate conditions, …
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Germany's labour market dilemma: rising unemployment despite vacancies
AFP - 11h ago
Graduating with a degree in biology in Germany, Julia Unkelbauer thought she had done everything right. But applying for …
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Asian stocks unable to track Wall St higher, yen holds at 40-year low
AFP - 3h ago
Tech firms bounced back in Asia on Tuesday, tracking a rebound in their counterparts on Wall Street following the hefty …
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Taiwan raids tech firms in China AI chip smuggling probe
AFP - 14h ago
Taiwanese investigators have raided the Taiwan offices of US company Super Micro Computer and two other tech firms, a …
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Russia's small businesses pay the price of spiralling Ukraine war
AFP - 15h ago
In a Moscow suburb, shut-down shops and "for rent" signs reveal the creeping toll of Russia's slowing wartime economy.
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What to expect as EU small parcel levy kicks in
AFP - 5h ago
The European Union will slap a three-euro ($3.40) duty on cheap parcels entering the 27-nation bloc on Wednesday to stem …
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Supreme Court boosts Trump's power to fire officials, but protects Fed
AFP - 11h ago
The US Supreme Court on Monday fortified President Donald Trump's powers to fire members of independent government …
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Ultra-wealthy Chinese exile in New York sentenced to 30 years for fraud
AFP - 13h ago
Exiled Chinese entrepreneur Guo Wengui, convicted of defrauding thousands of people of more than $1 billion, was …
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World Bank drops climate finance targets in renewed action plan
Jun 29 2026
The World Bank on Monday extended its climate change policy framework indefinitely, but dropped its targets for the …
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Tech rebound lifts Dow to record, yen hits 40-year low against dollar
Jun 29 2026
Resurgent tech stocks helped lift the Dow to a fresh record Monday as oil prices advanced and the yen retreated to a …
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EU, China bet on talks to avoid trade war
Jun 29 2026
Europe and China vowed on Monday to tackle their trade frictions through dialogue despite the EU warning the status quo …
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Polish businesses press Warsaw, Kyiv to end political rift
Jun 29 2026
When Wojciech Kostrzewa, who represents some of Poland's biggest firms, went on a Polish economic mission to Kyiv last …
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Stocks rise, oil climbs after US-Iran clashes
Jun 29 2026
Stocks mostly rose while oil prices climbed on Monday after the United States and Iran exchanged fire over the weekend, …
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French parliament adopts bill to regulate fast fashion
Jun 29 2026
The French parliament on Monday passed a bill aimed at curbing the rise of fast fashion, targeting major Asian …
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Bolivia removes 15-year dollar peg in bid to revive economy
Jun 29 2026
Bolivia on Monday lifted a 15-year peg on its dollar exchange rate in a bid to attract more greenbacks, a move aimed at …
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Spain raises 2026 growth forecast despite Mideast war turmoil
Jun 29 2026
The Spanish government on Monday raised its 2026 growth forecast to 2.6 percent from 2.2 percent, saying its economy was …
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Kenya-US rare earths deal challenged in court over secrecy
Jun 29 2026
A multi-billion-dollar rare earth minerals deal between Kenya and the United States was challenged in a Kenyan court …
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Stocks mixed, oil edges up after US-Iran clashes
Jun 29 2026
Stocks diverged and oil prices edged higher on Monday after the US and Iran exchanged fire over the weekend, …
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'One-time opportunity': South Korea bets big on AI boom
Jun 29 2026
Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster …
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Tennis players end Wimbledon prize-money protest
Jun 29 2026
Top tennis players, including world number ones Jannik Sinner and Aryna Sabalenka, have ended their protest over …
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EU, China trade tensions loom over minister visit
Jun 29 2026
Europe and China were seeking to gauge Monday whether trade frictions can be resolved without a fight, as top EU trade …
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Stocks rise and oil edges up as US, Iran call end to latest attacks
Jun 29 2026
Asian stocks mostly rose and oil prices edged up on Monday as reports said the United States and Iran had agreed to stop …
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South Korea to invest nearly $1.2 tn in chips, AI data centres
Jun 29 2026
South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building …
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Stocks mixed and oil rises as US, Iran call end to latest attacks
Jun 29 2026
Asian stocks were mixed and oil prices edged up as reports said the United States and Iran had agreed to stop attacking …
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BIS warns 'pressure points' putting global economy at risk
Jun 28 2026
The Bank for International Settlements warned Sunday of multiple "pressure points" in the global economy, from inflation …
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Asia's vendors grapple with rising costs of ever-present plastics
Jun 28 2026
Food vendors across Asia who rely on plastics for everything from bags to cups and containers are grappling with their …
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Movie theaters are allies for streamers like us, Apple exec says
Jun 26 2026
Tech giant Apple views movie theaters as allies in its fight to carve out a space for its platform in the competitive …
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Should we fear an AI bubble bust?
Jun 26 2026
Recent swings in tech stocks are reviving fears of an AI bubble -- and some experts warn that if it pops, the fallout …
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US stocks recover from tech tremors as oil prices fall
Jun 26 2026
Wall Street's main stock indices overcame an early bout of tech jitters Friday thanks to buy-the-dip traders, finishing …
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Globalization isn't dead, just 'transformed,' says IMF chief economist
Jun 26 2026
While the global economy has faced shocks and trade turmoil, globalization is not dead -- it is simply being …
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OpenAI restricts limited release of new model to US only
Jun 26 2026
OpenAI on Friday launched a US-only preview of its latest powerful AI model series to a limited group of partners at the …
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Swiss nuclear plant shut down due to heatwave
Jun 26 2026
The reactors at Europe's oldest nuclear plant were shut down Friday, its Swiss operator said, after the heatwave …
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Ships cross Hormuz by alternative route, despite attack
Jun 26 2026
Ships continued to leave the Gulf, some of them braving a route not authorised by Tehran, despite an attack on a …
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Stocks recover from tech tremors as oil prices fall
Jun 26 2026
Wall Street's main stock indices overcame an early bout of tech jitters Friday thanks to buy-the-dip traders, while oil …
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Tech jitters send stocks lower, oil prices fall
Jun 26 2026
Stock markets retreated Friday, capping a rollercoaster week for technology shares as doubts spread about the huge …
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Stocks slide on renewed tech slump, oil prices fall
Jun 26 2026
Stock markets retreated Friday, capping a rollercoaster week for technology shares as doubts spread about the huge …
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UN says Iran nuclear pledge needs 'very strong' verification
Jun 26 2026
The UN's nuclear chief said Friday that Iran's pledge not to build a nuclear weapon would need "very strong" …
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EU hits France's Sanofi with flu vaccine antitrust probe
Jun 26 2026
The European Commission announced Friday that it was opening an antitrust probe into French pharmaceutical group Sanofi …
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Asian stocks suffer fresh rout as rollercoaster week draws to close
Jun 26 2026
Seoul tanked again on Friday, leading another rout across Asian equity markets as the rollercoaster ride that has …
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European economies suffer from heatwave
Jun 26 2026
When the mercury rises so do the costs for an economy as productivity melts and growth becomes lethargic, providing an …
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Sony discontinues Japan sales of robot puppy 'aibo'
Jun 26 2026
Sony is halting sales of its robotic puppy "aibo" in Japan, the company said, eight years after the latest model of its …
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Red rocks yield coveted minerals in DR Congo
Jun 26 2026
In vast warehouses at the Kamoa copper mine in the southeastern Democratic Republic of Congo, mountains of reddish rocks …
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Asian stocks drop again as rollercoaster week draws to close
Jun 26 2026
Asian tech stocks sank again Friday as the rollercoaster ride that has characterised the week continued into the …
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Nasdaq falls again on mixed day for US stocks, oil prices rise
Jun 25 2026
The Nasdaq fell for the fourth straight session Thursday behind weakness in Apple and other tech giants while oil prices …
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Court orders TotalEnergies to account for clients' emissions
Jun 25 2026
A French court on Thursday ordered TotalEnergies to account for its clients' emissions and outline measures to address …
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US Supreme Court hands win to Bayer in weedkiller litigation
Jun 25 2026
The US Supreme Court sided with multinational giant Bayer on Thursday, overturning a lower court ruling that exposed the …
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Apple raises prices for MacBooks and iPads, as costs soar over AI
Jun 25 2026
Apple said Thursday it was raising prices for its MacBook computers, iPad tablets and other products, citing spiraling …
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Easyjet rejects latest takeover bid but leaves door ajar
Jun 25 2026
British no-frills airline EasyJet rejected Thursday a fourth informal takeover proposal from a US private equity firm, …
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US Fed's preferred inflation gauge hits fresh three-year high
Jun 25 2026
The US Federal Reserve's preferred inflation measure hit a three-year high in May, as elevated energy prices from …
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Stocks rally on renewed AI optimism, oil price declines
Jun 25 2026
Stock markets mostly advanced Thursday after bumper earnings from US chip titan Micron helped calm investor worries …
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Stocks rally on AI optimism after Micron's blowout forecast
Jun 25 2026
Stock markets rallied Thursday after bumper earnings from US chip titan Micron helped calm investor worries about …
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Amazon pledges additional $13 bn in India AI investment
Jun 25 2026
E-commerce giant Amazon announced on Thursday an additional $13-billion investment by 2030 to expand its artificial …
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Struggling VW to sell majority stake in marine engine unit
Jun 25 2026
Volkswagen said Thursday that it would sell a majority stake in its marine engine unit to a US investment firm for 7.4 …
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Seoul stocks soar in Asia tech rally after Micron's blowout forecast
Jun 25 2026
South Korea's Kospi soared more than five percent in a tech-led surge across Asia on Thursday as a forecast-busting …
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Rubio in Bahrain as US-Iran diplomacy ramps up
Jun 25 2026
Top US diplomat Marco Rubio was in Bahrain on Thursday after promising Gulf allies that Washington would protect their …
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Seoul stocks soar in Asia tech rally after Micron blowout forecast
Jun 25 2026
South Korea's Kospi soared more than five percent in a tech-led surge across Asia on Thursday as a forecast-busting …
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Bulgaria's milk farmers falter in former yogurt empire
Jun 25 2026
"When the city starts feeding the countryside, it means the country is done for," farmer Emil Deliev said from southern …
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No price shock for 'GTA VI' as gamers gear up for preorders
Jun 25 2026
Gamers were relieved to learn there was only a minimal price increase for "Grand Theft Auto VI" when preorders launched …
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US promises to protect Gulf states' interests in Iran talks
Jun 24 2026
Secretary of State Marco Rubio promised Gulf allies of the United States on Wednesday that Washington would protect …
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Brent falls below $75 as Nasdaq drops for 3rd straight day
Jun 24 2026
Oil prices retreated Wednesday to their lowest levels since the start of US-Iran war while tech shares continued to show …
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Europe swelters under record-breaking heatwave
Jun 24 2026
Europe struggled to cope with a record-breaking heatwave on Wednesday, with at least 94 million people expected to …
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Germany sinks troubled warship project in blow to naval ambitions
Jun 24 2026
Germany on Wednesday pulled the plug on its largest naval order in decades after the mammoth warship project suffered …
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Stocks rebound after tech rout, Brent falls below $75
Jun 24 2026
Stock markets rebounded on Wednesday from the previous day's rout of technology shares, caused by concerns over massive …
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Stocks steady after tech rout, Brent falls below $75
Jun 24 2026
Stock markets rebounded slightly Wednesday from the previous day's rout in technology shares, caused by concerns over …
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German naval ambitions suffer setback as warship order axed
Jun 24 2026
Germany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project …
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Stocks rebound after tech rout, oil prices drop
Jun 24 2026
Stock markets rebounded slightly Wednesday from the previous day's rout in technology shares caused by concerns over …
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Iran says deal to end Mideast war 'declaration of US defeat'
Jun 24 2026
Iran called the deal it struck to end the Middle East war "a declaration of America's defeat" on Wednesday, as the top …
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S.Korea chip giant SK hynix seeks $29 bn in Nasdaq listing: regulatory filing
Jun 24 2026
South Korea's SK hynix, a maker of memory chips for artificial intelligence data centres, said Wednesday it plans to …
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French-German tank maker KNDS fires starting gun on mega-IPO
Jun 24 2026
French-German tank maker KNDS said Wednesday that it would launch a stock market flotation in Paris and Frankfurt within …
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Seoul bounces as Asian markets look to recover from rout
Jun 24 2026
South Korean stocks bounced back Wednesday from the previous day's rout, while the rest of Asia fought to recover from a …
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Major power outage in France as Europe wilts under record heat
Jun 24 2026
Temperatures climbed across Europe again on Wednesday, as a record-breaking heatwave left tens of thousands of people …
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'Pragmatists' vs 'hardliners': Is Iran split over US deal?
Jun 24 2026
Factional divisions and opposition to talks with the United States exist within the Iranian hierarchy, but such splits …
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Airbus to inspect 16 A380s after cracks found on plane wings
Jun 24 2026
Airbus has announced it will inspect 16 of its A380 superjumbos, five of them immediately, after cracks were found in a …
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H5 bird flu detected in second Australia state
Jun 24 2026
Scientists have detected the highly contagious H5 bird flu strain in a second Australian state, the nation's agriculture …
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China premier urges AI governance to avoid 'losing control'
Jun 24 2026
The world risks "losing control" of frontier technology such as artificial intelligence if governments are too slow to …
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Hanoi residents mount silent protest over home demolitions
Jun 24 2026
Silent prayer vigils, cautiously worded protest banners and T-shirts pleading for neighbourhoods to be spared -- Hanoi …
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Geopolitics and AI in spotlight at China's 'Summer Davos'
Jun 24 2026
Breakthroughs in technologies such as AI are touted as drivers of economic growth, but headwinds include concerns over …
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Race for robotaxi market arrives in London
Jun 24 2026
Bristling with sensors and electronic eyes, robotaxis are appearing on London's streets, slipping silently between red …
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Meta offers lower cost glasses as wearables competition heats up
Jun 23 2026
Meta on Tuesday launched a new line of smart glasses priced slightly lower than its Ray-Ban-branded glasses, as …
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Tech drags down world stocks, oil dips on supply hopes
Jun 23 2026
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbling again on …
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Hollywood powerhouses bring AI fight to Europe
Jun 23 2026
Cate Blanchett brought Hollywood starpower to Brussels on Tuesday as she launched a free tool to give people the right …
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American Michele Kang agrees deal to buy French club Lyon
Jun 23 2026
American businesswoman Michele Kang has reached an agreement to buy French club Lyon, which she has run for the past …
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French farmers suffer arid crops, heat-stricken animals
Jun 23 2026
France's current heatwave is taking a toll on farmers, who are seeing livestock die and are racing against time to …
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Tech names drag down world stocks, oil dips on supply hopes
Jun 23 2026
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbling again on …
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Seoul leads rout for tech shares as oil prices dip
Jun 23 2026
Seoul's stock market led a collapse for technology stocks Tuesday after a sell-off on Wall Street over renewed concern …
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EU bets on digital euro to cut US tech addiction
Jun 23 2026
The EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as …
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Germany eyes longer working lives in pension reform plan
Jun 23 2026
Germany will raise its retirement age gradually beyond 67, abolish early retirement and expand compulsory pension …
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UK and markets await Burnham's economic plans
Jun 23 2026
Andy Burnham, expected to become Britain's next prime minister after Keir Starmer resigned, has set out to reassure …
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Heineken names new CEO after predecessor's shock departure
Jun 23 2026
Dutch brewer Heineken said Tuesday that it had picked Rafael Oliveira, formerly of the coffee giant JDE Peet's, to take …
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Seoul's Kospi stock index tanks 10% to lead tech-fuelled Asia rout
Jun 23 2026
Seoul collapsed 10 percent Tuesday in an Asian stock market rout that followed a tech-led sell-off on Wall Street with …
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