Business and Tech

Global stocks surge on hopeful signs from US-China trade talks

AFP - 3h ago

European and US stock markets leapt on Friday as positive signs emerged from US-China trade talks aimed at averting an …

Fact-check: Does Amazon pay '$0' in taxes?

AFP - 4h ago

A tweet by a popular US Congresswoman spotlighted a report about US tech behemoth Amazon's tax burden for the past two …

Fact-check: Does Amazon pay no US federal income tax?

AFP - 50m ago

Representative Alexandria Ocasio-Cortez, a rising Democratic star in the US Congress, spotlighted a report this week …

Samsung to launch US retail stores in smartphone push

AFP - 7h ago

Samsung announced Friday it will open three US retail stores to promote its Galaxy line of smartphones as the South …

Trump says could extend March 1 China tariff deadline

AFP - 7h ago

President Donald Trump said Friday the trade negotiations with China were going "extremely well" and again offered the …

Uber narrows losses, growth slows on the road to IPO

AFP - 7h ago

Uber on Friday released earnings figures that showed its loss narrowed in the final quarter of last year while revenue …

Researchers keeps wraps on automatic text generator to prevent misuse

AFP - 9h ago

Researchers this week announced they had developed an automatic text generator using artificial intelligence which is …

Amazon invests in electric vehicle startup Rivian

AFP - 9h ago

Electric vehicle startup Rivian on Friday announced a $700 million investment round led by Amazon, which recently pumped …

Conservative commentators cast a spell on Trump

AFP - 10h ago

He holds no official government position but has been called US President Donald Trump's "shadow" chief of staff.

Brazil arrests eight Vale employees over mining dam disaster

AFP - 10h ago

Brazilian authorities arrested eight employees of mining giant Vale on Friday over a dam collapse at one of its mines …

Mexico unveils $5.5-bn rescue plan for ailing Pemex

AFP - 10h ago

The Mexican government said Friday it would bail out ailing state oil company Pemex with $5.5 billion in additional …

Portugal public sector strike disrupts schools, hospitals

AFP - 11h ago

Hospitals cut services to a minimum, schools were closed and rubbish was left uncollected in Portugal on Friday as …

Kampala expels boss of MTN's Uganda arm, citing 'national security'

AFP - 11h ago

Kampala has deported the Belgian CEO of the Ugandan branch of MTN on security grounds, in the fourth such expulsion …

EU trade surplus with US reaches new record in 2018

AFP - 11h ago

The EU's trade surplus with the United States reached a record level in 2018, data showed Friday, increasing the risk …

Shell buys German battery maker Sonnen

AFP - 12h ago

Anglo-Dutch oil giant Royal Dutch Shell agreed Friday to buy German rechargeable battery maker Sonnen, as the sector …

Brexit uncorks fears for French wine industry

AFP - 12h ago

French wine makers may be "selling like crazy" to Britain as their clients stock up ahead of Brexit, but they say the …

Major US investor in Russian court over fraud charges

AFP - 12h ago

The US head of a major investment firm appeared in a Moscow court for a detention hearing Friday after Russia opened a …

US Facebook fine over privacy could be in billions: reports

AFP - 5h ago

A US investigation into privacy violations by Facebook could result in a record fine running to billions of dollars, …

US manufacturing plunges in January

AFP - 7h ago

American manufacturing plunged in January, largely on a drop in vehicle assembly, cutting overall industrial production …

Dutch ministers hold 'intensive' talks with Air France-KLM boss

AFP - 4h ago

Two top Dutch ministers held "intensive" talks Friday with Air France-KLM CEO Ben Smith on KLM's future in the …

Europeans $100 billion short of NATO spending pledge: study

AFP - 8h ago

Europe would need to boost defence spending by more than $100 billion to hit the NATO spending pledge that has stirred …