Business and Economy

Stock markets find little cheer as Trump targets champagne
AFP - 23m ago
Global stock markets slid on Thursday as US President Donald Trump launched a new volley in his trade war, while gold …
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EU 'open for negotiations' after latest Trump tariff threat
AFP - 28m ago
The European Union is ready to negotiate with the United States over escalating tariffs between the two economic …
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Trump threatens huge tariffs on European wine, other alcohol
AFP - 32m ago
US President Donald Trump on Thursday threatened to impose 200 percent tariffs on wine, champagne and other alcoholic …
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End of era as Donatella Versace gives up creative reins of Italian brand
AFP - 46m ago
Donatella Versace is giving up the creative reins of luxury fashion label Versace after nearly three decades, it was …
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Sweden to hold talks on countering soaring food costs
AFP - 1h ago
Sweden's government said Thursday it will hold talks with food producers and distributers as a consumer movement over …
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Germany's Merz urges MPs to back spending bonanza in fiery debate
AFP - 1h ago
Germany's likely next leader Friedrich Merz said Thursday urgent action was needed to boost the country's …
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EU parliament roiled by graft probe linked to China's Huawei
AFP - 1h ago
A new graft scandal rocked the European Parliament after police carried out raids Thursday in Belgium and Portugal, …
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EU, US eye greater energy ties amid Trump frictions
AFP - 2h ago
European and US policy makers are eyeing deeper ties around natural gas even as trade conflict boils and President …
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Canada rallies against Russian 'aggression' as new US tone splits G7
AFP - 2h ago
Host Canada called Thursday on the Group of Seven powers to back Ukraine against Russia's "aggression" as a more …
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UK police extend North Sea crash captain's detention
AFP - 3h ago
The captain of a cargo ship that struck a tanker and sparked a massive blaze in the North Sea will be held in custody …
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Donatella Versace to give up creative reins of brand after 28 years
AFP - 2h ago
Donatella Versace will end nearly 30 years as creative director of fashion label Versace, handing the reins of the …
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Brazil mine disaster trial ends with claimants hopeful of justice
AFP - 3h ago
A trial as to whether Australian mining giant BHP is liable for one of Brazil's worst environmental disasters concludes …
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New corruption scandal roils EU parliament
AFP - 1h ago
A new graft scandal rocked the European Parliament on Thursday after police carried out several raids in Belgium and …
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Rubio meets Canadian FM as Ukraine, trade war dominate G7
AFP - 1h ago
US Secretary of State Marco Rubio met his Canadian counterpart Thursday as part of the highest-level US visit to …
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Trump threatens 200% tariff on wine, champagne from France, other EU countries
AFP - 1h ago
US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic …
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French lawmakers pressure government to seize Russian assets
AFP - 4h ago
French lawmakers on Wednesday adopted a resolution urging France and allies to provide more support for Ukraine, …
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Kyrgyzstan, Tajikistan sign border deal to boost regional stability
AFP - 1h ago
Kyrgyzstan and Tajikistan signed on Thursday a border agreement seen as key for the stability of Central Asia, a move …
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Belgium carries out raids in EU parliament corruption probe
AFP - 3h ago
Belgian police on Thursday raided several addresses in the country as part of a probe into alleged corruption "under the …
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Stock markets diverge tracking global tensions
AFP - 3h ago
European stock markets rose Thursday after losses in Asia and a mixed showing on Wall Street, as concerns about the …
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Iraq says seeking alternatives to Iran gas
AFP - 1h ago
Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it …
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Food app Deliveroo delivers first annual profit
AFP - 3h ago
Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old …
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Stocks hit as trade worries overshadow upbeat US inflation
AFP - 2h ago
Most stock markets fell on Thursday as ongoing concerns about the global impact of President Donald Trump's trade war …
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Doubts over climate funding as donors squeeze aid
AFP - 5h ago
There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign …
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Games industry still a hostile environment for many women
AFP - 8h ago
Five years on from a first wave of harassment scandals that rocked the world of gaming, multiple women working in the …
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Asian stocks hit as trade worries overshadow upbeat US inflation
AFP - 1h ago
Asian markets fell Thursday as ongoing concerns about the global impact of President Donald Trump's trade war …
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Couche-Tard bosses make case in Tokyo for 7-Eleven buyout
AFP - 7h ago
The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a …
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Ukraine ceasefire bid, trade war to dominate as G7 diplomats meet
AFP - 6h ago
US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of …
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Asian stocks wobble as US inflation fails to ease trade worries
AFP - 4h ago
Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation …
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DeepSeek dims shine of AI stars
AFP - 12h ago
China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) early this year with a low-cost …
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Trump's Canada fixation: an expansionist dream
AFP - 5h ago
A savvy negotiating tactic? A wild fantasy? A greed for natural resources?
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Struggling Intel names industry veteran Lip-Bu Tan as CEO
AFP - 1h ago
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US …
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Generative AI rivals racing to the future
AFP - 11h ago
Since ChatGPT burst onto the scene in late 2022, generative artificial intelligence (GenAI) models have been vying for …
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More wait for stranded astronauts after replacement crew delayed
AFP - 6h ago
A pair of astronauts stuck aboard the International Space Station (ISS) for over nine months may have to wait a little …
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US trading partners hit back on steel, aluminum tariffs
Mar 12 2025
Major US trading partners announced countermeasures Wednesday after Donald Trump's blanket tariffs on steel and aluminum …
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'Stranded' astronauts closer to coming home after next ISS launch
Mar 12 2025
A routine crew rotation at the International Space Station has taken on unusual significance: It paves the way for a …
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Stocks advance on US inflation slowing, Ukraine ceasefire plan
Mar 12 2025
Stock markets mostly rose Wednesday on both sides of the Atlantic as investors shrugged off Washington's latest tariffs …
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Monopoly Go game maker Scopely to buy Pokemon Go team
Mar 12 2025
Mobile games giant Scopely will pay $3.5 billion to acquire Niantic's game unit including the studio behind Pokemon Go, …
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Steel at heart of new Trump trade war
Mar 12 2025
US President Donald Trump's new tariffs on steel target a major industry that is found in everything from cars to …
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US consumer inflation cools slightly as tariff worries flare
Mar 12 2025
US consumer inflation inched lower in February according to government data Wednesday, in the first full month of Donald …
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German arms firm Rheinmetall seizes on European 'era of rearmament'
Mar 12 2025
German arms manufacturer Rheinmetall said Wednesday that moves by European capitals to ramp up military expenditure and …
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S.Africa revised budget gets booed despite smaller tax hike
Mar 12 2025
South Africa's finance minister unveiled Wednesday a budget with a smaller increase in value-added tax than previously …
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Shares in Zara owner Inditex sink despite record profit
Mar 12 2025
Zara owner Inditex posted Wednesday another record annual profit but investor worries that sweeping US tariffs could …
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Battery maker Northvolt files for bankruptcy in Sweden
Mar 12 2025
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to …
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China, EU vow countermeasures against sweeping US steel tariffs
Mar 12 2025
China and the EU vowed Wednesday to strike back and defend their economic interests against sweeping new US steel and …
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EU hits back hard at Trump tariffs to force dialogue
Mar 12 2025
The EU put on a quick show of force Wednesday against sweeping new US steel and aluminium tariffs, striking back with …
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Stocks diverge over Trump tariffs, Ukraine ceasefire plan
Mar 12 2025
European stock markets rose Wednesday but Asian equities sputtered as investors tracked President Donald Trump's latest …
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Markets mixed as Trump trade policy sows uncertainty
Mar 12 2025
Asian and European equities were mixed Wednesday as investors fret over President Donald Trump's ever-changing trade …
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AI chatbot helps victims of digital sexual violence in Latin America
Mar 12 2025
Two women from Mexico and Ecuador who spent years fighting to be recognized as victims of online sexual violence have …
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Most Asian stocks drop as Trump trade policy sows uncertainty
Mar 12 2025
Asian equities mostly fell Wednesday as investors fret over President Donald Trump's ever-changing trade policies amid …
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US tariffs of 25% on steel, aluminum imports take effect
Mar 12 2025
The United States broadened its slate of tariffs Wednesday as sweeping levies on steel and aluminum imports took effect …
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What to know about Manus, China's latest AI assistant
Mar 12 2025
A powerful new AI tool Manus is making waves in China, fuelling hopes that it could replicate the success of DeepSeek, …
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Mongolia's children choke in toxic pollution
Mar 12 2025
As she watched her five-month-old son lying in intensive care, wires and tubes crisscrossing his tiny body, Uyanga …
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UK makes manslaughter arrest of ship captain over North Sea crash
Mar 12 2025
British police on Tuesday arrested on suspicion of manslaughter the captain of a ship that crashed into a tanker in the …
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Trump talks up Tesla in White House show of support for Musk
Mar 11 2025
President Donald Trump sought to boost plummeting Tesla share prices Tuesday by briefly turning the White House into a …
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Stock markets extend losses over US tariffs, recession fears
Mar 11 2025
Global stock markets extended losses on Tuesday as US President Donald Trump waffled on the size of tariffs he will levy …
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US trades barbs with Canada as steel, aluminum tariffs loom
Mar 11 2025
The United States and Canada traded angry tariff warnings Tuesday, as trade tensions soared and President Donald Trump …
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Oil companies greet Trump return, muted on tariffs
Mar 11 2025
Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back …
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Italian defence firm Leonardo to boost capacity amid geopolitical risks
Mar 11 2025
Italian defence group Leonardo will try to boost its capacity as orders rise in a "complex" environment marked by rising …
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Trump burnishes Tesla at White House in show of support for Musk
Mar 11 2025
President Donald Trump responded Tuesday to plummeting Tesla share prices by briefly turning the White House into a …
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Trump may rethink plans to double Canada steel, aluminum tariffs
Mar 11 2025
US President Donald Trump said Tuesday he would "probably" reconsider doubling planned tariffs on Canadian steel and …
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Trump doubles down on Canada trade war with major tariff hike
Mar 11 2025
US President Donald Trump doubled tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" the …
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Italian defence firm Leonardo to focus on int'l alliances for growth
Mar 11 2025
Italian defence group Leonardo will use international alliances to help accelerate growth and face competition amid …
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UK makes manslaughter arrest over North Sea ship crash
Mar 11 2025
British police arrested a 59-year-old man Tuesday on suspicion of manslaughter in connection with a ship crash in the …
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Ghana scraps IMF-linked 'nuisance' taxes
Mar 11 2025
Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure …
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Trump doubles down on Canada trade war with massive new tariffs
Mar 11 2025
US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to …
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Trump says will buy a Tesla to show support for Musk
Mar 11 2025
President Donald Trump said Tuesday he will buy a "brand new Tesla" in support of his top donor and close advisor, Tesla …
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Trump doubles down on Canada trade war
Mar 11 2025
US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to …
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French right-wing media's Russia tilt irks Elysee
Mar 11 2025
French Sunday newspaper readers woke up this past weekend to starkly different visions of their country's relationship …
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Stock markets waver after sell-off over US recession fears
Mar 11 2025
Global stock markets wavered on Tuesday following a Wall Street sell-off over fears that President Donald Trump's trade …
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Volkswagen to navigate another tricky year after 2024 profit plunge
Mar 11 2025
Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German …
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Ships blaze after North Sea crash, govt rules out foul play
Mar 11 2025
Two ships were still on fire in the North Sea on Tuesday after a cargo vessel slammed into a tanker carrying flammable …
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Chanel plays with proportions as Paris Fashion Week wraps up
Mar 11 2025
Chanel presented its Fall-Winter collection on the last day of Paris Women's Fashion Week on Tuesday, playing with …
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Stock markets mixed as Trump-fuelled economy fears weigh
Mar 11 2025
European and Asian stock markets diverged Tuesday after a sharp sell-off on Wall Street fuelled by fears about the US …
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Ships blaze, spill feared after North Sea crash
Mar 11 2025
Fires were raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet …
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Struggling Japanese automaker Nissan replaces CEO
Mar 11 2025
Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move …
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Lego posts record profit, CEO shrugs off US tariff threat
Mar 11 2025
Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him up at night, as the world's largest …
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Volkswagen profits hit as high costs, China woes weigh
Mar 11 2025
German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top …
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Nigeria moves gingerly to tame Africa's biggest crypto market
Mar 11 2025
Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to …
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Ships still on fire after North Sea crash
Mar 11 2025
Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying …
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Most markets in retreat as Trump-fuelled economy fears build
Mar 11 2025
Asian markets mostly fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as …
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South Korea's Kia denies responsibility for anti-Musk ad
Mar 11 2025
South Korean automaker Kia told AFP on Tuesday it had not approved an advertising campaign that featured one of its …
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Asian markets track Wall St lower as Trump-fuelled economy fears build
Mar 11 2025
Asian markets fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald …
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Search ends for missing crew member after North Sea collision
Mar 11 2025
The UK coastguard ended the search for a missing crew member after a cargo ship ran into a US-military chartered tanker …
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Asian markets track Wall St selloff as Trump-fuelled economy fears build
Mar 11 2025
Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald …
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Los Angeles wildfires cost Lloyd's of London $2.3 bn
Mar 11 2025
Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los …
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Russian oligarch's superyacht could be auctioned in US
Mar 10 2025
A luxurious superyacht that belonged to Russian billionaire Suleiman Kerimov may be headed to the auction block after a …
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Stock markets plunge on US recession fears
Mar 10 2025
Global markets slumped Monday, with Wall Street logging sharp losses over fears that US President Donald Trump's trade …
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Trump's energy chief vows reversal of Biden climate policies
Mar 10 2025
The US energy secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate …
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One missing after cargo ship, tanker collide in North Sea
Mar 10 2025
One person was missing Monday after a cargo ship ran into a US-military charted tanker carrying jet fuel in the North …
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Huge fire, more than 30 injured after North Sea ships crash
Mar 10 2025
A cargo ship ran into a US-military charted tanker carrying jet fuel in the North Sea on Monday, sparking a massive fire …
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Trump's Energy Secretary vows reversal of Biden climate policies
Mar 10 2025
The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate …
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Stock markets slump on US recession fears
Mar 10 2025
Stock markets dropped on Monday with tech shares leading the plunge as investors fretted over the risk that US President …
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Huge fire, 32 injured after North Sea ships crash
Mar 10 2025
A cargo ship struck a tanker carrying jet fuel on Monday in the North Sea, sparking a massive fire off England and …
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Stock markets slump on US economic fears
Mar 10 2025
Stock markets dropped on Monday as investors fretted over the impact of President Donald Trump's trade policies on the …
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UBS fined 75,000 euros in France for harassing two whistleblowers
Mar 10 2025
A French court fined Swiss bank UBS 75,000 euros on Monday for the psychological harassment of two whistleblowers who …
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North Sea tanker and cargo ship collision injures 32
Mar 10 2025
A major rescue operation was under way after a collision between an oil tanker and a cargo ship in the North Sea Monday …
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Stock markets slump on US, China economic fears
Mar 10 2025
Stock markets slipped on Monday as investors fretted over the impact of President Donald Trump's trade policy on the …
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Former Ubisoft bosses on trial in France accused of sexual harassment
Mar 10 2025
Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on …
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Major fuel shortage hits black gold producer Niger
Mar 10 2025
Petrol station attendant Amadou Sani gesticulated to approaching motorists in Niamey to keep going because the garage …
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Musk spat renews opposition in Italy to Starlink deal
Mar 10 2025
Italian opposition parties stepped up criticism Monday of a proposed deal between the government and SpaceX's Starlink …
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Former Ubisoft bosses on trial in France over alleged harassment
Mar 10 2025
Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on …
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Stock markets mainly lower on China, US economy fears
Mar 10 2025
European and Asian stock markets mostly fell Monday, as investors feared the impact of President Donald Trump's trade …
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