Business and Tech

UK fishermen angling for big catch post Brexit

AFP - 4m ago

Just before dawn, the Good Fellowship trawler casts its nets deep into the North Sea's cold swirling waters, fishing for …

China virus sends shockwaves through Asia tourist industry

AFP - 32m ago

A deadly virus that has prompted travel restrictions in China is sending shockwaves through Asia's tourism industry, …

Hundreds of Amazon employees criticize firm's climate stance

AFP - 1h ago

Hundreds of Amazon employees Sunday openly criticized the online retail giant's environmental record, in violation of …

Oil and equities sink over fears of economic impact of deadly virus

AFP - 1h ago

Fears over the global economic impact of a deadly new SARS-like virus sent oil prices plunging more than two percent on …

France Michelin Guide overshadowed by shock downgrade 

AFP - 3h ago

It is the annual event that has accomplished chefs quaking in their toques: Monday's 2020 edition of the Michelin …

New Delhi to sell full stake in debt-ridden Air India

AFP - 3h ago

New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced …

Guinea economy crippled by protests as fears for mining grow

AFP - 3h ago

Guinea's economy is crumbling after months of mass rallies sparked by fears of a third term for President Alpha Conde, …

US feds, states could join forces on Google probes: report

AFP - 4h ago

The US Justice Department and state attorneys general are meeting this week for talks on their concurrent investigations …

Oil, equities hit by fears over economic impact of deadly virus

AFP - 2h ago

Fears over the global economic impact of the deadly China virus sent oil prices plunging more than two percent on Monday …

Saudi fans navigate Gulf rift to keep sport on screens

AFP - 5h ago

Diehard Barcelona fan Abdulrahman had to find a creative way to keep watching football matches -- paying his …

Icon of US road, RVs show economy's strength in election year

AFP - 3h ago

The six or seven vehicles that come off the assembly line each day at Riverside plant in Indiana's Amish country look …

Hong Kong Disneyland closes over China virus fears

Jan 26 2020

Hong Kong's Disneyland announced it was shutting its doors on Sunday until further notice over the deadly virus outbreak …

Japan arrests ex-SoftBank employee suspected of spying for Russia

Jan 26 2020

Japanese police have arrested a former SoftBank employee for allegedly stealing proprietary information from the telecom …

UAE tech ambitions tarnished by internet restrictions

Jan 26 2020

With its ultra-modern infrastructure and hyper-connected services, the United Arab Emirates is an emerging technology …

Bugatti touts green ambitions while storming full speed ahead

Jan 26 2020

Supercar manufacturer Bugatti, fresh off one of its best years, wants the world to know it has taken environmental …

Beyond Benidorm: Spain tourism moves inland

Jan 26 2020

Rural and green travel is the new frontier for Spain's tourism industry as it tries to break free from its dependence on …

Lagos waterfront evictions highlight Nigeria oil and land squabbles

Jan 26 2020

The lagoon waters at the port entrance to Lagos, Nigeria's economic capital, are usually teeming with small fishing …

Hong Kong Disneyland says closing over China virus fears

Jan 26 2020

Hong Kong's Disneyland announced it was shutting its doors on Sunday until further notice over the deadly virus outbreak …

Trump immigration clampdown may threaten Americans' jobs, wages, economists say

Jan 26 2020

The 20-year-old San Diego bakery Con Pane Rustic Breads & Cafe went out of business this month after an audit by US …

For US Fed, it's steady as she goes... for now

Jan 26 2020

The Federal Reserve is overwhelmingly expected to begin 2020 as it ended 2019: by leaving interest rates right where …

Boeing's new 777X airliner makes first flight

Jan 25 2020

Boeing's new long-haul 777X airliner made its first flight on Saturday, a step forward for the company whose broader …

Boeing's new 777X airliner takes off on first flight

Jan 25 2020

Boeing's new long-haul 777X airliner made its first flight on Saturday, a step forward for the company whose broader …

Libyan state oil firm says output down 75 percent due to blockade

Jan 25 2020

Libya's oil production has plunged by around three-quarters since forces loyal to military strongman Khalifa Haftar …

Libyan state oil firm says output down 75% due to blockade

Jan 25 2020

Libya's oil production has plunged by around three-quarters since forces loyal to military strongman Khalifa Haftar …

Delta fined $50,000 for discriminating against Muslim passengers

Jan 25 2020

Delta Air Lines was Friday fined $50,000 by the US Department of Transportation to settle allegations it discriminated …

Wind forces Boeing to again delay first flight of 777X

Jan 25 2020

High wind forced Boeing to again delay the inaugural flight of its long-haul 777X aircraft on Friday.

Isabel dos Santos' graft scandal ups stakes for Angola

Jan 25 2020

Allegations of corruption swirling around his predecessor's daughter have set a crucial test for Angolan President Joao …

$1 bn solar scam toasts US husband & wife team: officials

Jan 24 2020

An American couple pleaded guilty to running a $1 billion solar investment scam that they used to finance a luxury …

Global stocks mixed as Chinese virus spreads, oil prices drop

Jan 24 2020

European stocks rallied Friday while Wall Street equities tumbled along with oil prices as markets weighed the potential …

Isabel dos Santos's Portugal funds embezzled: Angola prosecutor

Jan 24 2020

Angola's chief prosecutor on Friday said funds that Isabel dos Santos, who is accused of stealing millions of dollars …

US could approve Boeing 737 MAX before mid-year: source

Jan 24 2020

US air safety regulators could clear the Boeing 737 MAX to return to service before mid-year, a person close to the …

Boeing could again cut production on 787 plane: source

Jan 24 2020

Boeing, still in crisis mode due to the grounding of the 737 MAX, is considering further production cuts to another key …

Europe equities rebound as fears ease over China virus

Jan 24 2020

Europe's main stock markets ended the week in positive territory Friday after Asian indices halted their slide, with …

Locusts the latest curse of East Africa weather extremes

Jan 24 2020

Billions of locusts swarming through East Africa are the result of extreme weather swings and could prove catastrophic …

Saving the planet to saving face: Five highlights from Davos 2020

Jan 24 2020

At the World Economic Forum in Davos, the world's political and business elites heard dire predictions over the perils …

UK 'to decide on Huawei 5G next week'

Jan 24 2020

Britain is expected to announce next week whether to allow China's Huawei to develop its 5G network, an official said …

Greta Thunberg says climate demands 'completely ignored' at Davos

Jan 24 2020

Teenage activist Greta Thunberg on Friday said activists' calls on the corporate and political elite at Davos to …

In Davos, Hong Kong battles to regain lost investor glitter

Jan 24 2020

Bruised by months of street protests and calls to resign, Hong Kong's pro-Beijing leader Carrie Lam came to Davos with a …

Europe equities rebound on easing fears over China virus

Jan 24 2020

Europe's main stock markets rebounded around 1.5 percent Friday after Asian indices halted their slide, with investor …

Italy threatens Facebook with new fine for selling users' data

Jan 24 2020

Italy's competition authority has warned Facebook it faces a further fine of five million euros ($5.5 million) for …

Bayer stock climbs on report of Roundup settlement

Jan 24 2020

Shares in German chemicals and pharmaceuticals giant Bayer climbed Friday on a report it was nearing a $10 billion …

No holiday cheer for Remy Cointreau

Jan 24 2020

French spirits group Remy Cointreau said Friday that sales slumped last quarter, while its new management team suspended …

Asian markets stabilise after China virus nerves

Jan 24 2020

Asian markets halted their slide Friday with investor nerves eased after a week of volatility prompted by the rapid …

Shanghai Disneyland closes over China virus concerns

Jan 24 2020

Shanghai Disneyland will close until further notice this weekend due to a deadly virus outbreak that has infected …

Ladakh's nomads and the future of pashmina wool

Jan 24 2020

For centuries the Changpa have tended the shaggy goats that provide silky-soft, super-expensive pashmina wool. But now …

Asian markets trim slide after China virus nerves

Jan 24 2020

Asian markets were slightly lower Friday but investor nerves eased after a week of volatility prompted by the rapid …

Strong flying demand cushions MAX earnings hit at US carriers

Jan 23 2020

Continued strong demand for travel boosted airline earnings Thursday even as US carriers struggle with the grinding …

US stocks steady as WHO says new China virus not emergency

Jan 23 2020

Global stocks were under pressure again Thursday amid nervousness surrounding the spread of a deadly new virus from …

From nanny-envy to an 'unsmoked mind': Five Davos highlights

Jan 23 2020

The annual World Economic Forum wrapped up on Wednesday its third day, with the United States taking another pot shot at …

US regulator fines ex-Wells Fargo CEO $17.5 mn over fake accounts

Jan 23 2020

US authorities on Thursday fined former Wells Fargo chief executive John Stumpf $17.5 million over the bank's fake …

Cloud cooking land: Indian housewives become gig economy chefs

Jan 23 2020

Rashmi Sahijwala never expected to start working at the age of 59, let alone join India's gig economy -- now she is part …

Angola's Dos Santos vows 'ready to fight' graft claims

Jan 23 2020

Isabel dos Santos, the tycoon daughter of Angola's ex-president who is at the centre of an anti-graft investigation, on …

Waymo self-driving minivans take to more US roads

Jan 23 2020

Alphabet's self-driving vehicle unit Waymo is expanding testing to more regions of the United States to explore "new …

Nigeria remands ex-minister in custody over oil scandal

Jan 23 2020

A Nigerian court on Thursday remanded a former justice minister accused of corruption in custody pending a bail …

Canada court adjourns Huawei exec's extradition battle

Jan 23 2020

The Canadian court tussle over the arrest of a Huawei telecoms executive was put in limbo Thursday when a judge …

TikTok inks music deal as it sets up shop in California

Jan 23 2020

TikTok on Thursday licensed a catalogue of independent music as it worked to build on the momentum of the social …

US sanctions 4 petro firms tied to Iran's Quds Force

Jan 23 2020

The United States on Thursday slapped economic sanctions on four petroleum firms that US officials accuse of moving oil …

Gulf screens passengers from China amid virus outbreak

Jan 23 2020

Gulf airports, including one of the world's biggest aviation hubs, said Thursday they would screen all passengers …

Dutch foundation launches 'Dieselgate' action against VW in France

Jan 23 2020

A Dutch foundation said Thursday it had launched a "joint action" in France against carmaker Volkswagen as part of a …

In Davos, the spectre of a tech cold war

Jan 23 2020

China and the United States may have laid down their arms for now in a trade truce, but their technological rivalry is …

ECB's Lagarde sees ebbing risks to eurozone, vows climate action

Jan 23 2020

European Central Bank president Christine Lagarde was more upbeat Thursday about risks to the eurozone economy, and …

Stocks retreat, oil slides as China struggles with virus

Jan 23 2020

Global markets slid Thursday on investor nervousness surrounding the spread of a deadly new virus from China as …

Dubai screens passengers from China amid virus outbreak

Jan 23 2020

Dubai Airport, one of the world's biggest aviation hubs, said Thursday it would carry out thermal screening of all …

Some hackers take the ransom and run: researchers

Jan 23 2020

Paying off hackers after a ransomware infection could end up being a total loss, according to a study released Thursday …

Survivors of Burkina jihadi attack tell of terror and escape

Jan 23 2020

Mechanic Robert Ousseni Sawadogo was tinkering with repairs in his Burkina Faso village when dozens of militants …

Stocks retreat, oil slides as China steps up virus response

Jan 23 2020

Investor nerves over the spread of a deadly new virus from China hammered equities and oil benchmarks on Thursday, as …

In the spotlight: Isabel dos Santos, Angola's 'princess'

Jan 23 2020

After years of life among fellow jet-setters and the super-rich, Angolan billionaire Isabel dos Santos today finds …

American Airlines reports higher profits despite MAX hit

Jan 23 2020

American Airlines reported a jump in fourth-quarter profits on Thursday due to continued strong consumer demand that …

US Treasury Secretary pledges tax cuts for 'middle class'

Jan 23 2020

US Treasury Secretary Steven Mnuchin on Thursday pledged a new round of tax cuts that he said would benefit ordinary …

Angola's ex first daughter Isabel dos Santos charged with fraud

Jan 23 2020

Isabel dos Santos, the tycoon daughter of Angola's former president, has been charged with money laundering and …

Environmentalists lose new Norway lawsuit over Arctic oil

Jan 23 2020

A Norwegian court on Thursday dismissed an appeal by two environmental groups which had sued Norway for granting new oil …

Brussels scratches head over talk of US trade deal

Jan 23 2020

The president of the European Commission was keen to reassure the billionaires' retreat in Davos: a deal is in the works …

P&G lifts profit forecast but sales growth slows

Jan 23 2020

Dominant international home goods producer Procter & Gamble raised its profit forecast for the year after reporting …

ECB's Lagarde on the spot over economic risks and strategy rethink

Jan 23 2020

European Central Bank chiefs left easy-money policy settings in place Thursday, leaving president Christine Lagarde to …

US expects UK trade deal 'this year': Mnuchin

Jan 23 2020

US Treasury Secretary Steven Mnuchin on Thursday said a post-Brexit trade deal between the United States and Britain was …

Dos Santos drops Portugal bank stake

Jan 23 2020

Isabel dos Santos, the daughter of the former Angolan president and accused of corruption and money laundering, is …

Stocks retreat as China steps up virus response

Jan 23 2020

Investor nerves over the spread of a deadly new virus from China hammered Asian equities and oil benchmarks on Thursday, …

VW in Canada ordered to pay CAN$196.5 mn over emissions scandal

Jan 23 2020

A court in Toronto on Wednesday ordered Volkswagen to pay a fine of Can$196.5 million (US$150 million) after the …

Investment-starved Ukraine plans 'nanny' for wealthy foreigners

Jan 23 2020

Ukraine, battling a sharp decline in foreign investment, on Thursday announced a novel plan to attract more cash inflows …

German NGO accuses Volvo of diesel emissions cheating

Jan 23 2020

A German environmentalist group said Thursday it had discovered Volvo SUVs emitting massively higher levels of harmful …

Britain and US to clinch trade deal 'this year': Mnuchin

Jan 23 2020

US Treasury Secretary Steven Mnuchin said Thursday a post-Brexit trade deal between the United States and Britain is a …

Japan prosecutors hit back at Ghosn's '8 hours of questions' claim

Jan 23 2020

Japanese prosecutors hit back Thursday at claims made by fugitive former Nissan boss Carlos Ghosn that he was …

Asian markets hammered as China steps up virus response

Jan 23 2020

Investor nerves over the spread of a deadly new virus from China hammered Asian equities and oil benchmarks on Thursday, …

ECB on the spot over economic risks and strategy rethink

Jan 23 2020

With policy locked in easy-money mode, European Central Bank watchers will look Thursday for hints about its strategic …

New CEO stands by 737 MAX, eyeing reset at troubled Boeing

Jan 23 2020

Boeing Chief Executive David Calhoun sought to pivot from a bruising period of crisis and scandal on Wednesday, pledging …

Asian markets rattled as China steps up virus response

Jan 23 2020

Investor nerves over the spread of a deadly new virus from China rattled Asian equities and oil benchmarks on Thursday, …

Volkswagen in Canada ordered to pay CAN$196.5 mn over emissions scandal

Jan 22 2020

A court in Toronto on Wednesday ordered Volkswagen to pay a fine of Can$196.5 million (US$150 million) after the …

For Pennsylvania workers, a changing economy and politics

Jan 22 2020

White plumes of smoke billow into the frigid air above the rolling hills of western Pennsylvania, as scorching ovens …

UK parliament ratifies Brexit divorce law

Jan 22 2020

After years of acrimonious debate, British lawmakers on Wednesday finally approved the terms of their country's historic …

European stocks hit by Trump tariff threat, Wall Street flat

Jan 22 2020

European stocks were hit Wednesday by US President Donald Trump's renewed threat to slap auto tariffs on imported cars …

Investigation points to Saudi prince role in Bezos phone hack

Jan 22 2020

Amazon chief Jeff Bezos's phone was likely infected by spyware hidden in a message from Saudi Crown Prince Mohammad bin …

Boeing hit to US economy a worry for Trump reelection bid

Jan 22 2020

President Donald Trump is counting on a strong US economy to seal his reelection victory but the Boeing crisis and …

Boeing expects to resume MAX production before mid-2020

Jan 22 2020

Boeing plans to begin ramping up 737 MAX production ahead of winning regulatory approval to resume service on the plane, …

From Trump love to saviour prince : Five Davos highlights

Jan 22 2020

The annual World Economic Forum wrapped up its second day in Davos on Wednesday, where a punchy US President Donald …

Amazon music service tops 55 million subscribers

Jan 22 2020

Amazon on Wednesday said that its streaming music service has won more than 55 million subscribers, closing in on Apple …

Trump revives trade battle with Europe with threat to cars

Jan 22 2020

US President Donald Trump, fresh from calling a trade truce with China, threatened on Wednesday to impose crippling …

United Airlines: No Boeing 737 MAX flights this summer

Jan 22 2020

United Airlines will keep the Boeing 737 MAX out of service for even longer, and does not expect to fly the plane this …

Boeing should ditch MAX name says head of top leasing firm

Jan 22 2020

Boeing should abandon the MAX name for its latest Boeing 737, the head of the world's top aircraft leasing firm said as …

EU auto market set for first drop in seven years: carmakers

Jan 22 2020

European new car sales are forecast to fall by two percent in 2020, their first drop in seven years, the industry trade …

European stocks hit by Trump tariff threat

Jan 22 2020

European stocks were hit Wednesday by US President Donald Trump's threat to slap auto tariffs on EU-built cars and a …

No pedals, no steering wheel: Cruise unveils autonomous shuttle

Jan 22 2020

Don't bother to look for the steering wheel or pedals in the new autonomous shuttle vehicle unveiled by Cruise, the …

Payout for Musk as Tesla value tops $100 bn

Jan 22 2020

Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth …