Business and Economy



G7 agrees deal to ease global energy supply concerns

AFP - 14m ago

G7 countries agreed Friday to release 100 million barrels of diesel and crude oil to ease global energy supply concerns, …

US jobs data boosts stocks as oil prices dip

AFP - 1h ago

Wall Street stocks advanced Friday after weak US jobs data lowered the odds of Federal Reserve rate hikes.

US Supreme Court to hear high-stakes climate case

AFP - 2h ago

The US Supreme Court hears a climate case Monday that could upend dozens of lawsuits aimed at making polluters pay for …

Argentina unveils passports-for-investment scheme

AFP - 4h ago

Argentine President Javier Milei's government said Friday that the country would offer citizenship to foreigners who …

Tesla shares jump after global car sales top estimates

AFP - 5h ago

Tesla's stock jumped Friday after the electric car maker said its global sales dipped in the third quarter but were …

Amazon vows $1 bn for data center towns, decries 'myths'

AFP - 5h ago

Amazon on Friday pledged more than $1 billion over five years for US communities that host its data centers, the latest …

Oil prices drop on G7 fuel release, US jobs data boosts stocks

AFP - 4h ago

Oil prices slumped Friday as G7 nations agreed to a major release of fuel reserves, while Wall Street stocks jumped …

US posts weak job growth data in September

AFP - 6h ago

Employment in the United States grew by 29,000 jobs in September, missing analysts' expectations significantly, with the …

G7 talks as US pressures Europe over diesel stocks

AFP - 1h ago

G7 leaders were holding talks Friday to coordinate action on tackling high fuel prices, after Washington upped pressure …

Stocks rise, yields fall as US job numbers disappoint

AFP - 2h ago

Wall Street stocks jumped and US bond yields fell Friday after data showed that job creation withered last month, while …

Europe rejects US threats over diesel stocks, urges joint G7 action

AFP - 1h ago

The EU pushed back hard Friday against US threats to impose a diesel export ban, as Washington pressures Europe to tap …

Oil slides, bonds steady as EU addresses diesel price surge

AFP - 2h ago

Oil futures slumped, the bond market steadied and stocks were mixed Friday as the European Union considered emergency …

Spain housing package at risk in parliament, as protests mount

AFP - 10h ago

Spain's parliament was to vote Friday on government housing decrees introduced after nationwide protests triggered by …

Eurozone inflation hits three-year high at 3.8% in September

AFP - 11h ago

Eurozone inflation jumped to 3.8 percent in September, the highest level in three years, as the war in the Middle East …

Germany's crisis-hit rail operator looks to AI future

AFP - 12h ago

From AI-assisted trains to autonomous road shuttles, Germany's rail operator Deutsche Bahn -- long the country's …

Disney president says layoffs 'extremely painful' but necessary

AFP - 7h ago

The Walt Disney Company's President Dana Walden said on Thursday that the company's layoffs were "extremely painful" but …

Macron urges G7 coordination as US presses Europe on diesel stocks

AFP - 1h ago

French leader Emmanuel Macron urged G7 nations to work together to bring down fuel prices in a call with President …

Asian stocks hit as oil spike fans rate hike bets, eyes on US jobs

AFP - 2h ago

Most Asian stocks dropped Friday as investors grow increasingly concerned about surging oil prices and bond yields, …

Asian stocks drop as oil spike fans rate hike bets, eyes on US jobs

AFP - 4h ago

Asian stocks dropped Friday as investors grow increasingly concerned about surging oil prices and bond yields, while key …

EU nations to hold emergency meeting on soaring diesel prices amid US pressure

AFP - 8h ago

EU nations will meet Friday, aiming to develop a unified response to soaring diesel prices, a day after the US called on …

Effective Altruism: the philosophy behind Silicon Valley's AI fears

AFP - 19h ago

Dario Amodei says he is not part of it. But the Anthropic chief's personal and professional circle is entwined with …

Anthropic's Dario Amodei: AI's most visible CEO and enigma

AFP - 17h ago

The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the …

OpenAI says three staffers fired for mishandling 'sensitive' info

AFP - 16h ago

ChatGPT-maker OpenAI said Thursday that it has fired three researchers for allegedly mishandling "sensitive information" …

Nike plans job cuts as it forecasts lower sales

Oct 01 2026

Nike plans to cut an undetermined number of jobs and establish a new campus in India as it seeks to accelerate a …

US tells European allies to act 'immediately' to lower diesel prices

Oct 01 2026

The United States on Thursday told its European allies to help lower global diesel prices by releasing strategic …

G20 trade ministers fail to see consensus against overproduction

Oct 01 2026

G20 trade ministers are at an impasse on countering excess industrial capacity, top US trade official Jamieson Greer …

US stocks edge higher as bond yields retreat for now

Oct 01 2026

Wall Street stocks edged higher Thursday, shrugging off weakness in European equities and the latest jump in oil prices.

US tells European allies to 'immediately' act to lower diesel prices

Oct 01 2026

The United States on Thursday told its European allies to help lower global diesel prices by releasing strategic …

G20 against 'weaponization' of food trade: French minister

Oct 01 2026

G20 trade ministers agree that it is "not acceptable" for countries to target food supplies in conflicts, a French …

Spotlight on UK-UAE ties amid Manchester City scandal

Oct 01 2026

The Manchester City financial scandal threatens to tarnish one of Abu Dhabi's most dazzling showcases of "soft power" …

US says 'in Europe's best interest' to cooperate on fuel supply

Oct 01 2026

The United States told Europe on Thursday to cooperate with Washington's efforts to lower diesel prices, while a top EU …

Rogue OpenAI agents covered up their tracks, report says

Oct 01 2026

Artificial intelligence agents developed by OpenAI tried to erase traces of their activity after gaining unauthorized …

German fuel price cuts kick in to ease Mideast energy shock

Oct 01 2026

German motorists began paying less to fill their cars Thursday as fuel subsidies aimed at softening the impact of the …

Musk returns to US government for Pentagon war study

Oct 01 2026

Tech billionaire Elon Musk will make a return to officially advising US President Donald Trump's government by …

Stocks slide as bond yields spike

Oct 01 2026

US and European stocks slid Thursday as yields on government debt spiked higher and as crude prices rose despite a …

Man City sponsor Etihad says considering legal action against Premier League

Oct 01 2026

UAE airline Etihad, Manchester City's main sponsor, has said it is considering legal action against the Premier League …

France unveils cost-cutting 2027 budget as borrowing costs rise

Oct 01 2026

The French government defended on Thursday its plans to cut spending and raise taxes as it tries to thread the needle …

Italy's firefighting planes return home after scorching summer

Oct 01 2026

After a gruelling summer skimming lakes and coastlines to dump thousands of tonnes of water on wildfires across a …

UK tribunal overturns ban on Naomi Campbell leading charities

Oct 01 2026

Former supermodel Naomi Campbell won a legal challenge on Thursday to overturn a five-year ban on being a charity …

How airlines try to make sure pilots are safe to fly

Oct 01 2026

The apparent attack by the co-pilot on a flight to Israel, in which he stabbed his captain and tried to crash the plane, …

Wall Street stocks rise after bond yield spike eases

Oct 01 2026

Wall Street stocks opened higher Thursday as the yield on the benchmark 10-year US Treasury note fell back after earlier …

European stocks drop as debt fears send bond yields soaring

Oct 01 2026

European stocks slid Thursday as the final quarter of the year kicked off amid mounting concerns about rising government …

Kenyan island paradise fears damage from mega-refinery

Oct 01 2026

Tourism or industry? Environment or oil? The picturesque Kenyan island of Lamu, a favourite of celebrities, faces a …

Asian tech firms stand out on mixed day for stocks

Oct 01 2026

Technology firms led gains on a mixed day for Asian stocks Thursday as traders welcomed positive earnings from chip …

Flags and pho on show as jeweller opens huge Vietnam plant

Oct 01 2026

The world's largest jewellery brand showed off bracelet charms featuring Vietnam's national flag and a bowl of pho …

Asian stocks mixed as positive US data offset by elevated oil, bond yields

Oct 01 2026

Asian stocks were mixed Thursday following a largely down day on Wall Street with positive US data offset by elevated …

Google restricts access to new AI model over safety concerns

Oct 01 2026

Google on Wednesday said it would withhold its most powerful artificial intelligence model from the public for now, …

Panama ministers push for reopening of huge open-pit copper mine

Sep 30 2026

A Panamanian government commission on Wednesday recommended that President Jose Raul Mulino reactivate Central America's …

US pushes against overproduction with eye on China at G20 meeting

Sep 30 2026

The United States is pushing for action against excess industrial capacity that drives prices down unfairly, …

US judge accepts Paramount's Warner Bros. buyout settlement

Sep 30 2026

A federal judge on Wednesday approved a settlement between Paramount and a group of US states that clears the way for …

Global stocks mixed as markets weigh higher oil prices, bond yields

Sep 30 2026

Wall Street stocks finished mixed Wednesday after US data gave a reassuring picture on the economy while lofty bond …

Watchdog clears former US Fed chief Powell in renovation probe

Sep 30 2026

Donald Trump on Wednesday demanded former central bank chief Jerome Powell quit the body's board, despite a watchdog …

Watchdog finds no criminal misconduct over US Fed renovations despite Trump probe

Sep 30 2026

A government watchdog said Wednesday it found no grounds to pursue criminal charges over cost overruns in renovations of …

Europe's surging inflation spreads gloom in stock markets

Sep 30 2026

Surging inflation in Europe dragged down the continent's stock markets on Wednesday while the US reported that prices of …

Oil companies close in on Venezuela despite hurdles

Sep 30 2026

Foreign oil companies scrambled for a slice of Venezuela's crude at an oil summit in Caracas this week despite years of …

G20 trade ministers open talks under strain of Trump tariffs

Sep 30 2026

G20 trade ministers began talks Wednesday in the United States with President Donald Trump's global tariffs casting a …

US reports firm Q2 economic growth, inflation steady

Sep 30 2026

The United States on Wednesday estimated stronger second-quarter GDP growth than previously reported, with inflation …

Energy costs spark inflation surge across Europe

Sep 30 2026

Inflation accelerated more than expected in Germany, France and Italy in September as energy costs soared because of the …

Stocks lacklustre as inflation data weighs on sentiment

Sep 30 2026

Stock markets diverged on Wednesday as investors digested inflation data from Europe and awaited US figures for clues on …

Dangote's $16bn Kenya refinery 'new chapter' for Africa

Sep 30 2026

Africa's richest man was set to break ground on a new $16-billion mega-refinery in Kenya on Wednesday, saying it marked …

Energy costs spark inflation surges in France, Italy

Sep 30 2026

Inflation rates jumped in France and Italy in September as energy and fuel costs soared because of the Mideast war, …

Dangote to launch $16bn refinery in Kenya

Sep 30 2026

Africa's richest man was set to break ground on a new $16-billion mega-refinery in Kenya on Wednesday that he says will …

Turkey freezes ex-minister's assets as fund crisis grows

Sep 30 2026

Turkish prosecutors have moved to freeze the assets of a top governing party official and former minister who resigned …

Ivory Coast clamps down on harmful illegal gold rush

Sep 30 2026

A gaping hole in the ground dug by a hundred prospectors is all that is left of an illegal gold mine in Ivory Coast, one …

Most equities rise after oil price plunge, US data in focus

Sep 30 2026

Stocks mostly rose on Wednesday following a plunge in oil prices the previous day, while investors prepared for the …

French inflation jumps to 3% in September on energy costs

Sep 30 2026

French inflation hit three percent in September from a year earlier, largely due to a surge in energy and fuel costs, …

Stocks temper gains as oil pares heavy losses, US data in focus

Sep 30 2026

Stocks mostly rose Wednesday following a plunge in oil prices the previous day, though the gains were tempered by a …

Trump touts AI boss pledge to self-regulate

Sep 30 2026

US President Donald Trump on Tuesday said the tech executives gathered at the White House to discuss regulating AI had …

ChatGPT maker wants to be the App Store for AI as safety concerns grow

Sep 30 2026

OpenAI on Tuesday launched a less expensive artificial intelligence (AI) model and tools that run continuously, as it …

Trump hails 'morally binding' AI self-regulation pledge

Sep 29 2026

US President Donald Trump on Tuesday said the tech executives gathered at the White House to discuss regulating AI had …

Oil down, but stocks lower as bond yields rise

Sep 29 2026

US and European stocks traded mainly lower Tuesday despite oil prices retreating from a recent surge, as bond yields …

Trump touts self-regulation at AI bosses lunch

Sep 29 2026

President Donald Trump stressed self-regulation over government rules at a major gathering of artificial intelligence …

OpenAI unveils low-cost AI model, a day after shelving Astra upgrade

Sep 29 2026

OpenAI launched a new mid-range artificial intelligence model Tuesday at one-fifth the cost of its flagship offering, …

AI bosses head to White House as safety pressure builds

Sep 29 2026

President Donald Trump hosted a major gathering of artificial intelligence executives and government officials at the …

Swiss regulator concludes Julius Baer bank probe

Sep 29 2026

Switzerland's financial watchdog said Tuesday the bank Julius Baer committed "serious" regulatory violations, but the …

Stocks move lower despite oil prices dropping

Sep 29 2026

European and US stocks mostly traded lower on Tuesday despite oil prices retreating from recent highs as investors …

AI driving up innovation investment: UN

Sep 29 2026

Artificial intelligence is fuelling a rebound in investment in innovation, with corporate research and development …

Spain to cap gas price hikes, extend fuel discounts

Sep 29 2026

The Spanish government on Tuesday announced plans to limit natural gas price increases to 15 percent and extend fuel …

Stocks move sideways despite oil moving lower

Sep 29 2026

European and US stocks traded without direction on Tuesday despite oil prices retreating from recent highs as investors …

'We just need rain': Germany's Rhine river hits new low

Sep 29 2026

Parts of Germany's Rhine are now unnavigable for most shipping, an industry group warned Tuesday, after the river …

UK decides against charging foreign visitors for museums

Sep 29 2026

The UK government said on Tuesday that national museums would remain free for foreign visitors, after previously …

European stocks climb as oil dips

Sep 29 2026

European stock markets rose Tuesday as oil prices retreated from recent highs as investors weighed the prospects for any …

OpenAI cancels release of newest model due to safety concerns

Sep 29 2026

OpenAI will not release its newest artificial intelligence model, known as Astra 6.1, after internal testing by the …

Slovenia sees surge in '.si' sites after Trump hypes 'super intelligence'

Sep 29 2026

US President Donald Trump's push to rebrand artificial intelligence (AI) as "super intelligence" (SI) has sparked a …

Stocks drop and oil rises as Hormuz hopes fade

Sep 29 2026

Asian stocks mostly fell and oil prices extended gains on Tuesday as hopes for a reopening of the Strait of Hormuz fade …

Australian central bank lifts key interest rate to 15-year high

Sep 29 2026

Australia's central bank raised the key interest rate to a 15-year high on Tuesday to curb inflation, which the …

Celine Dion wows Paris Fashion Week with surprise gig

Sep 29 2026

Celine Dion kicked off Paris Fashion Week in style on Monday, stepping onto the catwalk beneath the Eiffel Tower and …

Deal for evicted Spanish pensioner as PM seeks new housing law

Sep 28 2026

A Madrid pensioner whose eviction sparked nationwide protests that have piled pressure on the government to resolve …

Certification of Boeing 737 MAX delayed by software bug

Sep 28 2026

US air safety regulators are delaying certification of the 737 MAX 10 until determining a fresh software glitch poses no …

Trump announces 'biggest' US steel plant in battleground Iowa

Sep 28 2026

US President Donald Trump on Monday unveiled plans to build what he called America's biggest ever steel plant in Iowa, a …

US stocks fall, bond yields rise as Middle East war drags on

Sep 28 2026

Wall Street stocks retreated Monday as US Treasury yields continued to climb after US President Donald Trump rejected …

Ukraine to postpone some spending amid delays in aid: PM

Sep 28 2026

Ukraine will postpone some spending commitments, including reconstruction work, because of delays in receiving aid from …

Spain housing protests keep heat on government as PM seeks new law

Sep 28 2026

Protesters angered by Spain's chronic housing crisis and the eviction of a pensioner camped in central Madrid for a …

MaXhosa puts South Africa on the Paris fashion map

Sep 28 2026

South African brand MaXhosa Africa lit up the first day of Paris Women's Fashion Week on Monday with a debut collection …

Shein sees 1% revenue growth in first half of 2026

Sep 28 2026

Fast-fashion giant Shein reported on Monday one-percent on-year growth in net revenue to $20.1 billion in the first half …

Moscow seizes Russian assets of German food retailer Metro

Sep 28 2026

Russian authorities on Monday seized the assets of German wholesaler and food retailer Metro -- the latest in a series …

Oil takes off again, Wall Street dips after Trump rejects Iran truce offer

Sep 28 2026

Oil futures surged more than three percent Monday, while Wall Street dipped and European equities stalled after US …

Trump admin finalizes reversal of US fuel economy standards

Sep 28 2026

President Donald Trump's administration on Monday finalized its rollback of US fuel economy standards that were meant to …

Oil up, Wall Street dips after Trump rejects Iran truce offer

Sep 28 2026

Oil futures surged more than four percent before retreating from their latest peak on Monday, alongside gains for …

Wartime Ukraine works to keep its railways on track

Sep 28 2026

Oleksandr Pokotylo is the chief engineer at the Poltava Locomotive Repair Plant and it's his job to help keep Ukraine's …

French prosecutors seek two-year sentence for ex-minister Dati in graft case

Sep 28 2026

France prosecutors on Monday sought two years with an electronic tag and a five-year ban on public office for ex-culture …

Madrid housing protesters vow to maintain pressure on government

Sep 28 2026

Demonstrators camping in a central Madrid square vowed Monday to keep up the pressure on Prime Minister Pedro Sanchez …