Business and Economy



Tesla to launch self-driving 'Cybercab' in Texas

AFP - 5m ago

Electric vehicle-maker Tesla will debut its self-driving robotaxi, dubbed "Cybercab," in Texas on Thursday in a bid to …

UK fintech Revolut gains conditional US banking licence

AFP - 23m ago

British digital bank Revolut announced Thursday it has won conditional approval for a US banking licence, bringing it a …

British, French leaders talk migrants, EU relations

AFP - 1h ago

UK Prime Minister Andy Burnham and French President Emmanuel Macron held their first official talks on Thursday, with …

Initial expert report blames tanker for collision off Istanbul

AFP - 2h ago

Initial findings by experts probing a deadly collision between two Turkish vessels in the Marmara Sea, which sank a …

US trade gap in July hits biggest in over a year on AI buildout

AFP - 2h ago

The US trade deficit in July widened to its largest since March 2025, government data showed Thursday, as imports …

Europe bids to be robot superpower like US, China

AFP - 3h ago

AI-powered robots briefly took over the European Parliament this week to showcase the continent's creators as the bloc …

US Fed official joins growing group open to rate hike if inflation rises

AFP - 3h ago

US Federal Reserve Governor Chris Waller on Thursday said he would be prepared to vote for an interest rate hike at the …

Yen surges on new intervention talk, oil prices climb

AFP - 1h ago

The yen rallied against the dollar on Thursday on fresh talk of intervention by Japan to boost its currency, while oil …

Study shows plug-in hybrids polluting far more than expected

AFP - 4h ago

Plug-in hybrids have enjoyed a surge in popularity but a study published Thursday showed they are polluting far more …

EU lawmakers demand Brussels force Meta to 'protect' European children

AFP - 4h ago

European Union lawmakers have demanded that the bloc's executive compel Meta to change the "addictive" design of its …

Lost tool disrupted Airbus jet deliveries for months

AFP - 4h ago

A tool accidently left in an Airbus plane forced the European aeronautics giant to slow deliveries of new A330 jets for …

Nigerian opposition lobbyist tapped for White House-linked role, firm says

AFP - 5h ago

A US lobbying firm working for a Nigerian opposition leader said one of its top employees was appointed to a White House …

France sells bonds at highest rate since 2008 amid deficit worries

AFP - 5h ago

The French Treasury had to sharply increase the interest rate offered in its latest sale of benchmark government bonds …

Oil prices jump as Iran strikes US targets

AFP - 2h ago

Oil prices jumped Thursday on fresh Iran strikes against US targets in the region but bond yields eased and stock …

German growth prospects brighten as economy defies Mideast turmoil

AFP - 5h ago

German growth this year is set to come in stronger than previously estimated, leading research institutes said Thursday, …

US govt sides with OpenAI in New York Times copyright lawsuit

AFP - 5h ago

US President Donald Trump's administration sided with OpenAI in a lawsuit brought by the New York Times, defending …

Oil sinks, bond yields ease and stocks boosted after Trump Iran hint

AFP - 3h ago

Oil prices sank Thursday after Donald Trump suggested the latest US attacks against Iran would likely be short-lived.

Stocks rise, yields ease as oil slips on Trump hint at short bombing campaign

AFP - 4h ago

Most Asian stocks enjoyed a healthy recovery Thursday following a drab start to the week as bond yields and oil prices …

Thailand's 'Jurassic Park' shines light on dinosaur evolution

AFP - 11h ago

A dinosaur statue stands guard outside a temple, a hint at the ancient giants buried deep in the earth below making up …

US energy firms dominate Venezuela deals worth billions

AFP - 10h ago

US energy firms on Wednesday signed a raft of multi-billion-dollar deals with Venezuela, days after the South American …

US not 'stealing Venezuelan oil,' energy secretary insists

AFP - 12h ago

US Energy Secretary Chris Wright on Wednesday dismissed claims that Washington was "stealing Venezuelan oil" after the …

Farming experts tout 'conscious' food systems to fix agriculture woes

AFP - 11h ago

Farmers around the world are struggling with the impact of climate change, financial pressures and depleted soil -- and …

Palantir chief says France's digital sovereignty push 'backfiring'

Sep 02 2026

Palantir chief executive Alex Karp said Wednesday that French regulatory restrictions, including limiting government use …

Wall Street stocks rise despite bond yields, oil rising

Sep 02 2026

Wall Street stocks closed higher Wednesday, holding onto early gains after a temporary dip in oil prices and bond yields …

US judge rejects bid to break up Google's ad business

Sep 02 2026

A US federal judge on Wednesday refused to force Google to sell a division of its digital advertising business, …

Tech bosses press G20 to build data centers, but split on risk

Sep 02 2026

Top US tech bosses, including Nvidia chief Jensen Huang and OpenAI's Sam Altman, urged G20 ministers Wednesday to …

Europe, US closer than they look on tech rules, says EU tech chief

Sep 02 2026

EU tech chief Henna Virkkunen on Wednesday played down the regulatory gulf between Brussels and Washington, arguing that …

Uber says laying off 'about 10%' of workforce worldwide

Sep 02 2026

Ride-hailing giant Uber will be laying off around 10 percent of its staff as part of "significant organizational …

US energy secretary in Venezuela to sign Trump's 'biggest' oil deal

Sep 02 2026

US Energy Secretary Chris Wright is set Wednesday to sign a controversial oil deal granting the United States control of …

US Treasury issues $1 coin with Trump's face on it

Sep 02 2026

The US Treasury on Wednesday issued $1 coins featuring the face of President Donald Trump, the latest move in an …

Dutch shift 86 tonnes of gold from US, Canada to UK

Sep 02 2026

The Dutch central bank said Wednesday it had moved 86 tonnes of its gold reserves out of the United States and Canada to …

Chevron unveils deal to double Venezuela venture output in 5 years

Sep 02 2026

Chevron announced a $7 billion deal with Venezuela on Wednesday to develop two additional oil fields in the country's …

Uganda names its oil 'Pearl Sweet' as it prepares for first exports

Sep 02 2026

Uganda officially named its oil "Pearl Sweet" on Wednesday as its energy secretary said it expects to join the club of …

Nvidia boss presses G20 ministers to build AI infrastructure

Sep 02 2026

Nvidia chief Jensen Huang urged G20 ministers on Wednesday to build more data centers to support the artificial …

Wall Street stocks mixed as energy prices, bond yields turn lower

Sep 02 2026

Wall Street stocks opened mixed on Wednesday while oil prices and bond yields dipped despite no real de-escalation in …

30 years on, 'Tomb Raider' reboot sees Lara Croft through a 'modern lens'

Sep 02 2026

Thirty years after bursting onto the video game scene, Lara Croft returns in a new "Tomb Raider" that plays up the …

France sees limited economic hit from drought, heatwaves

Sep 02 2026

Drought and record heatwaves across France this summer will shave 0.1 percent off the country's economic growth this …

Stocks drop, bond yields rally on Mideast flare-up

Sep 02 2026

Stocks dropped and bond yields hit fresh multi-decade highs Wednesday as elevated oil prices increase the prospect of …

Stocks drop, yields at three-decade highs on Mideast flare-up

Sep 02 2026

Stocks fell and bond yields held at multi-decade highs on Wednesday as investors ramp up rate hike bets amid a fresh …

Stocks drop as yields and oil prices spike on Mideast flare-up

Sep 02 2026

Stocks fell and bond yields held at multi-decade highs as investors ramp up rate hike bets amid a fresh flare-up in …

US energy secretary arrives in Venezuela to discuss oil deal

Sep 02 2026

US Energy Secretary Chris Wright arrived in Venezuela on Tuesday to finalize an oil deal granting the United States …

US defends Trump Venezuela oil deal as energy secretary lands in Caracas

Sep 02 2026

US officials on Tuesday defended President Donald Trump's oil deal with Venezuela, saying it would lower oil prices for …

Stocks sink, yields at multi-decade highs and oil spikes on Mideast flare-up

Sep 02 2026

Stocks fell and bond yields held at multi-decade highs as investors ramp up rate hike bets amid a fresh flare-up in …

G20 finance leaders close talks marked by US welcoming Russia

Sep 02 2026

G20 finance leaders closed their two-day gathering on Tuesday with a statement that all but China backed in full, as …

John Ternus takes over as Apple enters era of AI, foldable phones

Sep 01 2026

John Ternus took over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market …

US defends Trump's Venezuela oil deal

Sep 01 2026

US officials on Tuesday defended President Donald Trump's oil deal with Venezuela, saying it would lower oil prices for …

IMF reaches agreement with Senegal on new $2.2 bn loan programme

Sep 01 2026

The International Monetary Fund announced an agreement with Senegal on Tuesday for a new $2.2-billion loan programme, …

OpenAI to launch new model with 'stronger safeguards' after hack

Sep 01 2026

ChatGPT maker OpenAI said Tuesday it was preparing to release its newest powerful model, known as Astra, after …

Global bond sell-off, surging oil prices send markets into the red

Sep 01 2026

A sell-off of bonds from key countries worldwide deepened on Tuesday, sending government borrowing costs soaring and …

Zuckerberg, Musk make plea at G20 for more AI data centers

Sep 01 2026

Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to …

'Discomfort' at G20 finance talks as US hosts Russian minister

Sep 01 2026

The Russian finance minister's presence at US-hosted G20 talks has cast a shadow over the gathering, as Washington …

Canadian minister says Russia's G20 presence sparked 'discomfort'

Sep 01 2026

Canadian Finance Minister Francois-Philippe Champagne said Tuesday that his Russian counterpart's presence at US-hosted …

Global bond sell-off deepens on inflation concerns

Sep 01 2026

A sell-off of bonds from key countries worldwide deepened on Tuesday, sending government borrowing costs soaring and …

EU official says it's not time to 'normalize' Russia at G20 finance talks

Sep 01 2026

EU economy chief Valdis Dombrovskis said Tuesday that it is not the time to "normalize" Moscow's presence at G20 …

Germany's far-right AfD promises 'boom' but economists fear worst

Sep 01 2026

Germany's far-right AfD has promised an "economic boom" if it wins Sunday's regional elections and ends up ruling the …

Former Peru minister last-minute contender for UN labour agency helm

Sep 01 2026

The UN labour agency chief will face two challengers for his job after a former Peruvian foreign minister entered the …

Shein flattens on Hong Kong debut facing global headwinds

Sep 01 2026

Fast-fashion retailer Shein made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile …

Eurozone inflation hits three-year high at 3.3% in August

Sep 01 2026

Eurozone inflation jumped to 3.3 percent in August, the highest level in three years, as the war in the Middle East kept …

Oil extends gains, stocks mostly down as Trump issues fresh Iran warning

Sep 01 2026

Oil prices jumped more than one percent Tuesday amid fears of a fresh bout of military exchanges between the United …

Oil extends gains, stocks mixed as Trump issues fresh Iran warning

Sep 01 2026

Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran …

AI startup Manus says resumes independent operations

Sep 01 2026

AI startup Manus said Tuesday it had resumed independent operations, months after China blocked Facebook-owner Meta from …

Japan to relax overtime regulation under workaholic PM

Sep 01 2026

Japan will ease overtime regulation starting Tuesday in a move meant to help spur economic growth but criticised as a …

Defence tech hub Munich booms as Europe rearms

Sep 01 2026

Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge …

Illegal mining ravages S.Africa's economic hub

Sep 01 2026

Whole chunks of a once-busy road in Johannesburg have collapsed because of damage caused by the illegal mining rampant …

Fast-fashion giant Shein plunges 10% on Hong Kong debut

Sep 01 2026

Fast-fashion retailer Shein fell 10 percent on its long-awaited Hong Kong trading debut Tuesday, having raised US$1.7 …

Oil extends gains, stocks drop as Trump issues fresh Iran warning

Sep 01 2026

Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran …

Anthropic signs $35B computing deal with startup backed by Nvidia

Sep 01 2026

Anthropic signed a $35 billion deal for access to cloud computing power from a US-based startup backed by Nvidia, adding …

Middle East war a boon for UAE defence giant with global ambitions

Sep 01 2026

In the heart of the Abu Dhabi desert, workers toil inside warehouses assembling drones and missiles for the UAE's Edge …

Boat builders keep Pakistan's fishing heritage afloat

Sep 01 2026

The rhythmic hammering of nails and the whine of saws echo around a coastal Karachi neighbourhood, where small figures …

US draws European pushback with Russia G20 finance invite

Sep 01 2026

Russia's attendance at the opening of US-hosted G20 finance meetings sparked European pushback on Monday, adding a …

US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: lawsuit

Aug 31 2026

The US Federal Trade Commission (FTC) and 22 states sued Amazon on Monday for allegedly "manipulating" online auctions …

Oil prices surge on renewed fighting in US-Iran war

Aug 31 2026

Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above $90 a barrel …

Russian finance minister makes unexpected appearance at G20

Aug 31 2026

Russia's finance minister Anton Siluanov made an unexpected appearance at the US-hosted G20 finance leaders' talks …

Galliano pulls Met Gala exhibit after antisemitism backlash

Aug 31 2026

Top fashion designer John Galliano announced Monday he was cancelling an exhibition of his work that was to kick off New …

Apple CEO Tim Cook gives nod to founder Steve Jobs in final memo

Aug 31 2026

Apple's chief executive Tim Cook bid farewell to the tech giant on Monday, paying tribute to founder Steve Jobs and …

John Ternus to lead Apple into the age of AI

Aug 31 2026

John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone …

Trump says AI data center opponents want to be 'backwards and poor'

Aug 31 2026

US President Donald Trump on Monday attacked opponents of artificial intelligence data centers, saying they would end up …

Putin, Xi hold talks in Kyrgyzstan as regional summit begins

Aug 31 2026

Russia's Vladimir Putin and China's Xi Jinping began talks Monday in Kyrgyzstan, where a dozen other heads of state also …

Shein valued at $26.3 bn in Hong Kong market debut

Aug 31 2026

Fast-fashion giant Shein raised $1.7 billion in its long-awaited Hong Kong initial public offering, valuing the online …

France takes aim at ultra-fast fashion with new levy

Aug 31 2026

France will from Tuesday impose a fee on ultra-fast fashion items that will eventually reach almost 20 euros per …

Crude prices rise above $90 per barrel on US-Iran strikes

Aug 31 2026

Oil prices jumped more than two percent Monday, with the Brent international benchmark rising above $90 a barrel after a …

US vows to keep economic pressure on Iran as G20 finance talks begin

Aug 31 2026

US Treasury Secretary Scott Bessent vowed Monday to persist with economic pressure on Iran, saying a turning point could …

ChatGPT becomes first AI chatbot to face tougher EU rules

Aug 31 2026

ChatGPT will have to comply with tougher safety rules after the EU added it Monday to a list of digital services subject …

Putin, Xi, Iran's Pezeshkian in Kyrgyzstan for summit

Aug 31 2026

The leaders of Russia, China, Turkey, India and Iran were in Kyrgyzstan Monday for a two-day summit of the Shanghai …

G20 finance talks open as US seeks to ramp up pressure on Iran

Aug 31 2026

Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, with the Trump …

China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected

Aug 31 2026

China's Xi Jinping and Iranian President Massoud Pezeshkian were in Kyrgyzstan for a summit of the Shanghai Cooperation …

Crude prices rise on US-Iran strikes, equities mixed after Warsh remarks

Aug 31 2026

Oil prices spiked more than two percent Monday after a fresh flare-up in the US-Iran war, while stocks were mixed as …

Passengers stranded overnight by Kenya airport strike

Aug 31 2026

Hundreds of passengers were stranded at Kenya's main international airport overnight as the latest strike by workers …

US hosts G20 finance talks with growth, Iran pressure on agenda

Aug 31 2026

Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, as the Trump …

Iran retaliates after first US strikes in a month

Aug 31 2026

Iran attacked US military targets in the Middle East on Monday in retaliation for the first American strikes on its …

Chinese guitar capital's stairway to export heaven

Aug 31 2026

It doesn't take long to guess the main industry of the Chinese town of Zheng'an. A giant guitar sculpture dominates the …

Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes

Aug 31 2026

Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US …

Russia's Putin and China's Xi to attend summit in Kyrgyzstan

Aug 31 2026

Russia's Vladimir Putin, China's Xi Jinping and more than a dozen other leaders will gather in Kyrgyzstan Monday for a …

US strikes Iran for first time in a month, Tehran retaliates

Aug 30 2026

The United States said Sunday it had attacked Iranian rocket launchers on a small island in the Strait of Hormuz, its …

Google Maps renames Lake Ontario 'Lake America' in US -- but not Canada

Aug 30 2026

Google redesignated Lake Ontario as "Lake America" on maps seen by US users Sunday after President Donald Trump …

Vietnamese coffee farmers ride China's durian wave

Aug 30 2026

Vietnam's Central Highlands produces around one sixth of the world's coffee, but farmers are switching their traditional …

Venezuela says retains 'sovereignty' in US oil deal

Aug 30 2026

Interim leader Delcy Rodriguez assured the public Saturday that Venezuela retains control of its oil under a new …

Data center backlash scrambles US midterm politics

Aug 30 2026

The data centers powering America's artificial intelligence boom have become an unlikely target in November's midterm …

Venezuelans view US oil deal with doubt, hope

Aug 30 2026

Venezuelans expressed doubt and suspicion on Saturday over a new deal enabling the United States to exploit the …

Trump announces deal for huge US stake in Venezuelan oil reserves

Aug 29 2026

President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United …

Dollar rallies after Fed chief lifts rate expectations

Aug 28 2026

Wall Street stocks dipped while the dollar rallied Friday after Federal Reserve chief Kevin Warsh flagged fighting high …

Fed chair Warsh signals 'work to do' on high US inflation

Aug 28 2026

US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high …