Business and Economy
Asian markets bounce from selloff as US jobs beat forecasts
AFP - 1h ago
Asian markets rose on Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on …
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Budget impasse threatens Belgium's ruling coalition
AFP - 1h ago
Belgium's Prime Minister Bart De Wever looked Thursday to pile pressure on his deadlocked government partners to agree …
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Probe into Thales defence group looking at Indonesian contract
AFP - 1h ago
A French-British investigation into alleged bribery at France-based defence giant Thales is examining a contract with …
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US to cancel flights as longest govt shutdown drags on
AFP - 2h ago
US officials said the scheduled capacity for flights was being cut by 10 percent in 40 busy air traffic areas nationwide …
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Musk's $1 trillion pay package to face Tesla shareholder vote
AFP - 2h ago
Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to …
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German steel industry girds for uncertain future
AFP - 3h ago
Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in …
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BoE set for finely balanced pre-budget rate call
AFP - 6h ago
The Bank of England is expected to hold its key interest rate unchanged on Thursday but some analysts are not ruling out …
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Eyes turn to space to feed power-hungry data centers
AFP - 8h ago
Tech firms are floating the idea of building data centers in space and tapping into the sun's energy to meet …
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Boeing settles with one plaintiff in 737 MAX crash trial
AFP - 9h ago
Boeing reached a last-minute settlement in one of two lawsuits in this week's trial in Chicago over a 2019 737 MAX crash …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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.
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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.
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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.
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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 …
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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 …
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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 …
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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 …
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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.
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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 …
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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 …
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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 …
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'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 …
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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 …
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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 …
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'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 …
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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 …
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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 …
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'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" …
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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 …
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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 …
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South Korea hosts Xi as Chinese leader rekindles fraught ties
Nov 01 2025
South Korean President Lee Jae Myung hosted Xi Jinping for their first meeting on Saturday as the Chinese head of state …
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Canada PM says Xi talks 'turning point', apologises to Trump
Nov 01 2025
Canadian premier Mark Carney on Saturday called his talks with China's leader Xi Jinping a "turning point" in restoring …
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China's Xi meets South Korean leader, capping APEC summit
Nov 01 2025
Chinese leader Xi Jinping met South Korean counterpart Lee Jae Myung on Saturday, after taking centre stage at an Asian …
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Latin America weathered Trump tariffs better than feared: regional bank chief
Nov 01 2025
The impact of tariffs imposed by US President Donald Trump "has been less than expected" in Latin America, the head of …
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Bangladesh dockers strike over foreign takeover of key port
Nov 01 2025
Bangladesh's dock workers escalated a strike on Saturday at the country's biggest port, Chattogram, protesting plans by …
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China's Xi to meet South Korean leader, capping APEC summit
Nov 01 2025
Xi Jinping will sit down with South Korean counterpart Lee Jae Myung on Saturday, after taking centre stage at an Asian …
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Panama wins canal expansion arbitration against Spanish company
Nov 01 2025
Panama's government won a lawsuit against Spanish company Sacyr, officials said Friday, after the firm claimed it was …
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China to exempt some Nexperia orders from export ban
Nov 01 2025
China said Saturday it will exempt some Nexperia chips from an export ban that has alarmed European businesses, days …
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G7 says it's 'serious' about confronting China's critical mineral dominance
Oct 31 2025
The G7 announced two dozen new projects Friday aimed at reducing China's dominance of critical mineral supply chains, as …
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Food stamps, the bulwark against hunger for over 40 mn Americans
Oct 31 2025
The ongoing budget deadlock in the United States is threatening food security of around 42 million Americans who receive …
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Wall Street stocks rebound on Amazon, Apple earnings
Oct 31 2025
Wall Street stocks rebounded on Friday as investors welcomed strong earnings reports by Amazon and Apple.
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US Fed official backed rate pause because inflation 'too high'
Oct 31 2025
A senior member of the US Federal Reserve on Friday said he voted against cutting interest rates this week because …
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Swiss central bank profits boosted by gold price surge
Oct 31 2025
Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine …
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Profits dip at ExxonMobil, Chevron on lower crude prices
Oct 31 2025
US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices offset the lift from …
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2,000 trucks stuck in Belarus after Lithuania closes border: association
Oct 31 2025
Some 2,000 trucks were stranded Friday in Belarus after Lithuania closed its border in response to recent airspace …
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French lawmakers reject wealth tax proposal in budget debate
Oct 31 2025
France's lower house on Friday rejected a wealth tax proposed by the left, which has threatened to bring down the …
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Wall Street bounces on Amazon, Apple earnings
Oct 31 2025
Wall Street stocks moved higher on Friday as investors welcomed strong earnings reports by Amazon and Apple.
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US says 'non-market' tactics needed to counter China's rare earth dominance
Oct 31 2025
G7 countries will have to use "non-market" tactics to curb China's dominance in rare earth production, the US energy …
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China's suspension of rare earth controls applies to EU: official
Oct 31 2025
The EU's commissioner for trade on Friday said China's one-year suspension on its restrictions of rare earth materials …
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Italy complains about strong euro, urges ECB to cut rates
Oct 31 2025
Italy's foreign minister called on the European Central Bank on Friday to reduce interest rates to weaken the euro, …
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AI giants turn to massive debt to finance tech race
Oct 31 2025
Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive …
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Shein set to open first physical store in Paris
Oct 31 2025
Controversial online fast-fashion seller Shein will open its first bricks and mortar store in the world in Paris next …
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Stocks extend losses tracking AI, Fed and trade
Oct 31 2025
Europe and Asian stock markets mostly fell Friday at the end of a fluctuating week as traders reacted to company …
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Nvidia to supply 260,000 cutting-edge chips to South Korea
Oct 31 2025
US tech giant Nvidia said on Friday it will supply 260,000 of its most cutting-edge chips to South Korea, as CEO Jensen …
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Asia markets diverge on heels of Apple, Amazon earnings
Oct 31 2025
Asian stock markets presented a mixed bag on Friday, with falls in China and gains in Japan and South Korea coming after …
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