Business and Economy



France hits Shein with 22 mn euros in new fines over consumer violations

AFP - 4m ago

French authorities said Wednesday that they had imposed two fines on Shein totalling more than 22 million euros ($25.5 …

Ukraine drones hit Saint Petersburg as 'Russian Davos' opens

AFP - 43m ago

Ukrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a …

Robots, supply strain: five hot topics at Computex

AFP - 1h ago

From laptops designed for the artificial intelligence era to advances in robotics and sky-high tech shares, here are …

Oil prices rise on Iran peace worries, Asian stocks build on tech rally

AFP - 2h ago

Oil prices jumped more than two percent Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the …

Drone strikes close Kuwait airport as Iran and US clash in Gulf

AFP - 2h ago

A drone strike on a passenger terminal in Kuwait's international airport wounded several people Wednesday and forced air …

Ukraine drones hit Saint Petersburg as flagship economic forum opens

AFP - 1h ago

Ukrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a …

OECD cuts 2026 global growth forecasts over Mideast war fallout

AFP - 3h ago

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no …

As crises balloon, so do EU nations' deficits

AFP - 5h ago

More and more EU countries are being thrown in the public spending sin bin over their mushrooming deficits, with …

Oil prices rise on Iran peace worries, stocks build on tech rally

AFP - 4h ago

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of …

Trump signs AI order giving government access to powerful models

AFP - 8h ago

US President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers …

Thousands protest Jared Kushner-linked resort project in Albania

AFP - 8h ago

Thousands of Albanians protested Tuesday against a coastal tourism complex allegedly linked to US President Donald …

EU to unveil plan to wean itself off US, Asia tech

AFP - 6h ago

The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, …

Will SpaceX IPO make Elon Musk a trillionaire?

AFP - 9h ago

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon …

Before SpaceX goes public, a scramble to get on bandwagon

AFP - 9h ago

As SpaceX prepares its long-awaited stock market debut, investors everywhere are scrambling to get a piece of the action …

Canada and Mexico tell US they want free trade deal renewed

Jun 02 2026

Canada and Mexico on Tuesday called for a 16-year renewal of the North American free trade agreement with the United …

Foreign companies take flight from US-sanctioned Cuba

Jun 02 2026

With a US deadline to sever ties with Cuba's military conglomerate GAESA fast approaching, foreign companies had by …

Stalled Mideast peace process sends oil soaring, tech buoys stocks

Jun 02 2026

Stalled progress in peace negotiations between Washington and Tehran sent oil prices higher on Tuesday, with stocks also …

Microsoft unveils AI models in push for independence from OpenAI

Jun 02 2026

Microsoft on Tuesday unveiled its own cutting-edge artificial intelligence models in San Francisco -- a crucial step …

Canada tells US and Mexico it wants free trade deal renewed

Jun 02 2026

Canada has formally told the United States and Mexico that it wants to renew the North American free trade agreement …

Airbus tests passenger plane that can fly 22 hours non-stop

Jun 02 2026

Airbus said Tuesday its A350-1000ULR widebody aircraft capable of flying up to 22 hours non-stop has successfully …

Six hotels earn France's prestigious 'palace' label

Jun 02 2026

Six hotels in France including a venue founded by an American couple joined one of the world's most exclusive clubs on …

Oil dips, stocks advance with all eyes on Mideast war prospects

Jun 02 2026

Oil prices dipped and stocks advanced on Tuesday as investors weighed the chances for a peace agreement between the US …

UniCredit says increased Commerzbank stake to 34% in hostile takeover

Jun 02 2026

Italy's UniCredit said Tuesday it was able to increase its stake in Commerzbank to 34.4 percent as its hostile takeover …

German arms maker Rheinmetall signs 5.7 bn euro deal with Romania

Jun 02 2026

German defence giant Rheinmetall said Tuesday it has signed a 5.7-billion-euro ($6.6-billion) deal to supply the …

Oil steady, stocks mixed with all eyes on Mideast war prospects

Jun 02 2026

Oil prices wavered and stocks were mixed on Tuesday as investors weighed the chances for a peace agreement between the …

Anthropic expands access to powerful Mythos AI model

Jun 02 2026

Anthropic on Tuesday gave approximately 150 organizations around the world access to Mythos, its powerful new AI model …

Chilli price drives Indonesia's monthly inflation

Jun 02 2026

Monthly inflation in Indonesia doubled in May, driven by food prices and particularly chilli in the hot sauce-addicted …

Oil falls, stocks rise as traders bet on Mideast progress

Jun 02 2026

Oil prices retreated and stock markets largely gained Tuesday as investors assessed the chances of a Middle East peace …

Most stocks rise, oil drops as traders assess outlook for Mideast deal

Jun 02 2026

Equities mostly rose and oil fell Tuesday as investors assessed the chances of a Middle East peace agreement, while tech …

Most stocks rise as traders assess outlook for Mideast deal

Jun 02 2026

Equities mostly rose Tuesday as investors assessed the chances of a Middle East peace agreement, though Donald Trump and …

Pay workers 'as much as possible', Nvidia's Huang says

Jun 02 2026

Companies should pay workers "as much as possible", Nvidia boss Jensen Huang said Tuesday ahead of a trip to South …

Bollywood divided over bid to cap punishing work hours

Jun 02 2026

Bollywood's long-entrenched culture of gruelling work schedules is facing rare scrutiny, as top actors and filmmakers …

Asian stocks swing on mixed signals over Middle East

Jun 02 2026

Equities fluctuated Tuesday as investors assessed the likelihood of a Middle East peace agreement as US-Iran talks …

Hanoi curbs kerb culture as city clamps down on pavement vendors

Jun 02 2026

The pavements of Hanoi's wide boulevards and narrow lanes have long been clogged with bustling food stalls, weaving …

Trump says Iran talks moving fast despite threat to widen war

Jun 01 2026

US President Donald Trump said Monday that talks with Iran were moving at a "rapid pace", even as Tehran threatened to …

Oil prices jump as Iran suspends peace talks

Jun 01 2026

Oil prices jumped and equities were mixed Monday as Middle East peace talks stumbled, while Lebanese authorities said …

Florida sues OpenAI, CEO Altman over ChatGPT harm to minors

Jun 01 2026

Florida's attorney general on Monday sued OpenAI and its CEO Sam Altman, accusing the company's ChatGPT chatbot of …

AI giant Anthropic confidentially files for IPO

Jun 01 2026

AI giant Anthropic, the maker of the Claude chatbot, announced Monday that it had filed confidentially for an initial …

Macron announces 93 bn euros in 'Choose France' foreign investments

Jun 01 2026

President Emmanuel Macron announced "record" foreign investments of 93 billion euros ($108 billion) at an international …

Trump says Iran truce talks moving at 'rapid pace' after Tehran threats

Jun 01 2026

US President Donald Trump said Iran talks were moving at a "rapid pace" despite the negotiations to end the Mideast war …

Iran truce on the rocks as Guards threaten 'new fronts'

Jun 01 2026

Negotiations to end the Mideast war appeared in deep trouble on Monday, with Iran's Revolutionary Guards threatening to …

New York Times publisher slams AI companies' 'brazen theft' from news outlets

Jun 01 2026

The New York Times publisher on Monday slammed artificial intelligence companies for "brazen theft of intellectual …

Macron announces 93 bn euros in 'Choose France' investments

Jun 01 2026

President Emmanuel Macron said he was expecting "record" foreign investment amounting to 93 billion euros ($108 billion) …

After the AI binge, companies balk at soaring bills

Jun 01 2026

Artificial intelligence is getting expensive -- and companies are starting to rethink their embrace of the disruptive …

Nvidia PC chip hailed as 'game changer' in race for AI device

Jun 01 2026

Laptop chipmakers such as Intel and AMD should be worried about their new rival Nvidia, experts say, after the US …

Oil prices jump as US-Iran talks stall

Jun 01 2026

Oil prices jumped and equity markets diverged Monday as Middle East peace talks stalled and investors continued to pour …

Huge state subsidies give China unfair edge over foreign rivals: OECD

Jun 01 2026

Chinese companies in 15 key industrial sectors received vastly more state support than their international competitors …

Nvidia launches Windows laptop chip for AI era

Jun 01 2026

Nvidia unveiled a powerful laptop chip for Windows machines on Monday, staking its claim in the market for …

Nvidia launches Windows laptop chip in consumer PC push

Jun 01 2026

Nvidia unveiled a powerful laptop chip for Windows machines on Monday, staking its claim in the market for …

Asian equities ahead, oil rises as uncertainty surrounds US-Iran talks

Jun 01 2026

Oil rose while Asian equities firmed Monday as a surge in artificial intelligence-linked stocks helped offset …

'AI simply can't replicate it': Japan embraces zine trend

Jun 01 2026

Through the noise of rushing papers and whirring belts at a print factory in Kyoto, two creators watch their photo essay …

Outgoing chair Powell delivers defense of Fed independence

Jun 01 2026

Outgoing US Federal Reserve chair Jerome Powell on Sunday delivered a staunch defense of the need for the central bank …

Europe's green jet fuels see upside in Iran war

May 31 2026

At a plant near Frankfurt, in Germany, hydrogen and CO2 sourced from a chlorine factory and a biogas facility nearby are …

Energy crunch fuels car pool growth

May 31 2026

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing …

Mining turns India's heat-shield hills to dust

May 31 2026

Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a …

SoftBank to spend $87.5bn on AI centres in France: Son

May 30 2026

Japanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in …

Trump insists on red lines as Iran deal remains elusive

May 30 2026

US President Donald Trump will only make a peace deal with Iran if it meets all of his conditions, a White House …

Blue Origin rocket explosion is bad news for both Bezos and NASA

May 29 2026

Space exploration is filled with setbacks, but the spectacular explosion of Blue Origin's New Glenn rocket on Thursday …

Oil falls, stocks mixed on US-Iran truce prospects

May 29 2026

Stock markets were mixed while oil prices fell again on Friday on investor optimism that the United States and Iran …

Trump says making final decision on Iran deal

May 29 2026

US President Donald Trump said Friday that he was making his decision on a potential deal with Iran, though Tehran …

Universal Music rejects takeover bid from Pershing Square

May 29 2026

Entertainment giant Universal Music Group (UMG) on Friday rejected an investment and restructuring proposal from US …

Trump says making final decision on proposed Iran deal

May 29 2026

US President Donald Trump said he was making his final decision on a potential deal with Iran on Friday, as Tehran …

Iran says no trust in US 'words', waiting for Washington to act

May 29 2026

Iran's top negotiator said Friday that Tehran would only trust Washington's actions, not its words, after US Vice …

Oil falls further, stocks mixed on US-Iran truce prospects

May 29 2026

Stock markets were mixed while oil prices fell again on Friday on investor optimism that the United States and Iran …

EU wants 'robust' defence against China trade imbalance

May 29 2026

The European Union must act more forcefully to rebalance its trade relationship with China, the bloc's executive said …

Vance says progress made as US-Iran deal awaits Trump green light

May 29 2026

US Vice President JD Vance said Washington and Tehran are close to agreeing a deal to extend their ceasefire in the …

German ex-minister faces perjury charges over failed car toll plan

May 29 2026

A former German transport minister faces a perjury trial related to a failed scheme to charge foreign motorists highway …

Stocks rise, oil eases on hopes of US-Iran truce deal

May 29 2026

Stock markets mostly rose and oil prices fell Friday on optimism that the United States and Iran would reach a deal to …

French GDP slips 0.1% in first quarter, raising spectre of recession

May 29 2026

French GDP shrank 0.1 percent in the first quarter, official data showed Friday, a downward revision from previous …

'Biggest circus in town' the World Cup set for betting frenzy

May 29 2026

Global betting revenue for the upcoming World Cup is likely to be "in excess of $50 billion", betting expert Darren …

New gold rush threatens indigenous havens in Brazil's Amazon

May 29 2026

Indigenous chief Bepdjo Mekragnotire is once again preparing to lead a group of warriors to chase wildcat gold miners …

Asia stocks surge, oil falls on hopes of US-Iran truce deal

May 29 2026

Asian stock markets surged and oil prices receded on Friday, boosted by optimism that the United States and Iran will …

EU looks to bolster defences as China threatens key sectors

May 29 2026

The EU executive is set for much-heralded talks Friday on ramping up Europe's trade defences to shield critical …

Oil, stocks mixed as US-Iran deal awaits Trump approval

May 28 2026

Oil prices diverged and global stock markets were mixed Thursday as a ceasefire extension deal between United States and …

AI giant Anthropic reaches near-trillion dollar valuation

May 28 2026

Artificial intelligence company Anthropic said Thursday it had raised $65 billion in a new funding round that values the …

US revises first quarter growth down while inflation climbs

May 28 2026

The US economy expanded less than initially estimated in the first quarter, government data showed Thursday, while a key …

AI giant Anthropic raises $65 bn at near-trillion dollar valuation

May 28 2026

Artificial intelligence company Anthropic said Thursday it had raised $65 billion in a new funding round that values the …

Trump's face could appear on US $250 bill

May 28 2026

President Donald Trump could soon appear on a new $250 bill, in the Republican's latest move to shatter US traditions by …

Canada PM backs 'fortress North America' ahead of US trade talks

May 28 2026

Canadian Prime Minister Mark Carney stressed his country's importance to the US economy on Thursday, urging closer …

Musk defends AI ambitions as IPO reveals trouble

May 28 2026

Elon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against …

Oil advances, stocks drift on fresh US-Iran strikes

May 28 2026

Oil prices rose slightly and global stock markets drifted Thursday after the United States and Iran exchanged new …

US, Iran accuse each other of violating truce after attacks

May 28 2026

The United States and Iran accused each other of violating an ongoing truce on Thursday following an exchange of fire, …

Top EU economies vow to speed up financial integration

May 28 2026

The EU's six biggest economies vowed Thursday to set aside differences and speed up integration of their financial …

UK risks a 'lost generation' of jobless young people

May 28 2026

Britain risks creating a "lost generation" as the number of young people out of work and education surges, a …

Netflix criticises German plan to make streamers invest more locally

May 28 2026

Netflix and other streaming services on Thursday criticised a German plan requiring platforms to reinvest a share of …

Oil climbs, stocks drop on fresh US-Iran strikes

May 28 2026

Oil prices bounced higher and global stock markets fell Thursday after the United States and Iran exchanged new strikes …

French AI firm Mistral announces deals with BMW, Airbus

May 28 2026

French AI firm Mistral announced Thursday partnerships with BMW and the aerospace group Airbus as it aims to boost …

EU fines Temu 200 mn euros over illegal products

May 28 2026

The EU slapped a 200-million-euro ($232 million) fine on Chinese-owned online retailer Temu on Thursday for allowing the …

US, Iran trade strikes in most serious clash since truce began

May 28 2026

The United States and Iran traded strikes on Thursday in their most serious clash since an April ceasefire began, …

'Immense' leverage: why AI chip workers are demanding more

May 28 2026

Runaway profits and sky-high valuations for microchip companies have fuelled worker demands over pay packages in South …

Oil rises and Asia stocks slide after new US strikes on Iran

May 28 2026

Oil prices bounced higher on Thursday while Asian stocks fell, as new US strikes on Iran marked the latest test of a …

New Zealand boosts defence spending in face of 'adverse' security environment

May 28 2026

New Zealand's government will boost defence spending by nine percent, according to its 2026 budget unveiled Thursday, …

Oil prices bounce higher after new US strikes on Iran

May 28 2026

Oil prices bounced higher on Thursday while Asian stocks mostly fell, as new US strikes on Iran marked the latest test …

Australia sues consumer goods giant 3M over 'forever chemicals'

May 28 2026

Australia's government said Thursday it had launched an AU$2 billion ($1.43 billion) legal action against US consumer …

Fund for climate-exposed Pacific nation invests in fossil fuels

May 28 2026

A trust fund set up to help a South Pacific nation gravely threatened by climate change has invested in coal mining, gas …

Meta launches paid subscriptions for Instagram, Facebook, WhatsApp

May 27 2026

Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to …

AI chiefs walk back job apocalypse warnings

May 27 2026

The most prominent figures in artificial intelligence are stepping back from dire predictions about mass unemployment, …

Oil prices fall as markets monitor state of play on US-Iran situation

May 27 2026

Oil prices fell Wednesday while global stocks mostly rose as markets parsed the latest posturing between Washington and …

Germany warns on trade imbalance as economy minister visits China

May 27 2026

Germany's economy minister began a visit to China on Wednesday with Berlin saying it wanted to boost cooperation with a …

Oil falls, stocks waver as investors eye US-Iran talks

May 27 2026

Oil prices fell Wednesday while stock markets diverged over conflicting headlines on talks between Iran and the US to …

Value of chip giant SK hynix joins Micron to top $1 tn

May 27 2026

The market value of South Korean memory chipmaker SK hynix soared past $1 trillion on Wednesday, fueled by frenzied …

Oil drops further on hopes US-Iran talks on track

May 27 2026

Oil prices tumbled Wednesday as investors tracked signs that the US and Iran were closing in on a deal that would open …