Business and Economy



Bond yields jump despite $6 bn US government intervention

AFP - 2h ago

Yields on long-term US Treasury bonds surged Wednesday after a $6 billion government bond buyback that disappointed …

Brent oil passes $100 on Mideast flare-up, stoking inflation fears

AFP - 2h ago

International oil benchmark Brent spiked above $100 a barrel Wednesday for the first time since late July following …

Apple unveils its first foldable smartphone iPhone Duo

AFP - 4h ago

Apple unveiled its long-awaited first foldable smartphone, the iPhone Duo, on Wednesday, at the company's first launch …

How hot can the US-Canada trade war get?

AFP - 5h ago

The US-Canada trade war has escalated rapidly, rupturing what was once one of the world's closest economic partnerships.

Belgium raids illicit cigarette factory in push to stub out growing trade

AFP - 7h ago

The smell of tobacco hung thick in the air as dozens of customs officers on Wednesday raided an illicit cigarette …

Israeli settlement winemaker defiant after UK-led trade sanctions

AFP - 8h ago

Britain has said it will have nothing more from Israeli settlement businesses like Psagot winery in the occupied West …

Brent oil passes $100 on Mideast flare-up, stoking inflation worries

AFP - 1h ago

International oil benchmark Brent spiked above $100 a barrel Wednesday for the first time since late July following …

As African space race heats up, Senegal pursues homemade satellites

AFP - 7h ago

Senegalese engineers in hairnets and white gloves are carefully assembling a nanosatellite at a French lab -- another …

Heat forces French champagne makers to stiffen their drink

AFP - 10h ago

Drinking this year's champagne might give you a heftier headache as France's record heatwaves are forcing some producers …

Cyberattack ruled out in UK air traffic glitch as more flights axed

AFP - 4h ago

UK air travellers faced more misery Wednesday with nearly 300 flights scrapped across the country, as Britain's air …

EU helps cities tighten screws on Airbnb, holiday rentals

AFP - 6h ago

European cities will gain more leeway to curb short-term rentals such as Airbnb under new EU plans that aim to bring …

Brent oil tops $100 on Mideast flare-up, fanning inflation fears

AFP - 1h ago

Brent oil, the international benchmark, jumped above $100 a barrel Wednesday for the first time since the end of July on …

EU wants to edge out China in public contracts

AFP - 12h ago

The European Union on Wednesday proposed new rules to encourage member states to choose domestic companies over Chinese …

Google unveils 13 bn euro AI expansion in Finland

AFP - 12h ago

Google will invest at least 13 billion euros in data centres and other digital infrastructure to power its AI ambitions …

Zara owner Inditex boosts profits as sales grow across board

AFP - 14h ago

Zara owner Inditex, one of the world's largest fashion retailers, reported Wednesday higher profits for the first half …

Brent breaks $100 on Mideast flare-up, fanning inflation fears

AFP - 3h ago

Brent broke above $100 a barrel Wednesday as oil prices surged and stocks struggled on the back of a fresh flare-up in …

Crude pushes towards $100 on Mideast flare-up, fanning inflation fears

AFP - 51m ago

Oil prices jumped more than one percent towards $100 Wednesday and stocks struggled as a fresh flare-up in the Middle …

South Korea video game tycoon to pay record $1.5 bn in divorce

AFP - 8h ago

A Seoul court on Wednesday ordered South Korean video game tycoon Kwon Hyuk-bin to pay more than 2 trillion won ($1.5 …

Africa's informal economy: a burden and lifeline

AFP - 18h ago

Across the pavements, residential areas and public spaces of African cities, the informal economy is booming under the …

EU to help cities tighten screws on Airbnb, holiday rentals

AFP - 5h ago

European cities will gain more leeway to curb short-term rentals such as Airbnb under plans to bring down housing costs …

Travellers in UK face more chaos after air traffic control glitch

AFP - 7h ago

UK travellers faced more misery on Wednesday with more than 150 flights scrapped across the country, as Britain's air …

From trenches to catwalk: Ukraine's amputee soldiers hit the runway

AFP - 12h ago

In the corner of a vast brick hall, models slipped silently and elegantly into linen dresses, as the chink of a metal …

Canada eyes researchers looking to leave 'hostile' US

AFP - 10h ago

Fed up with the funding restrictions surrounding her research on the links between climate change and health, American …

Trump bans Canadian alcohol in new trade war salvo

AFP - 8h ago

US President Donald Trump on Tuesday escalated his trade war against Canada, banning imports of alcohol and various …

UK airports face more disruption after air traffic control glitch

AFP - 4h ago

UK travellers faced more misery on Wednesday with more than 150 flights scrapped across the country, as Britain's air …

ECB meets, weighing a tricky balance between savers and spenders

AFP - 8h ago

The European Central Bank is widely expected to raise its key interest rate after a two-day meeting starting Wednesday, …

New Apple CEO to face first test with foldable iPhone launch

AFP - 8h ago

Apple is expected to unveil a slew of new and updated devices, including a long-rumored foldable iPhone, when it holds …

Rein in social media not children, say over 130 groups, experts

AFP - 8h ago

The European Union should force tech giants to make social media safe before children use them instead of banning minors …

Nearly 1,100 flights cancelled after UK air traffic control glitch

AFP - 2h ago

Almost 1,100 flights to and from UK airports were cancelled Tuesday due to what the country's air traffic control …

OpenAI says AI solved one of math's hardest problems in days

AFP - 1m ago

OpenAI said Tuesday that one of its unreleased artificial intelligence models had solved a mathematical puzzle that has …

LIV Golf files for bankruptcy protection

AFP - 4h ago

LIV Golf, the breakaway tour that spent billions of dollars luring top players away from the PGA and triggered bitter …

Carney touts Canada 'pivot' away from US as Trump levels new threat

Sep 08 2026

Canadian Prime Minister Mark Carney said Tuesday that reducing economic ties with the United States would come at a cost …

Argentina launches legal action against oil firms for Falklands drilling

Sep 08 2026

Argentina said Tuesday it had filed a criminal complaint against the Israeli firm Navitas for drilling for oil off the …

Oil prices jump, stocks drop as Mideast war flares

Sep 08 2026

World oil prices climbed Tuesday, once more closing in on $100 a barrel, and stock markets mostly retreated owing to a …

Argentina files lawsuit against oil firms operating off Falklands

Sep 08 2026

Argentina said Tuesday it has sued companies with links to an Israeli-British oil project near the Falkland Islands, as …

France's Mistral sees value soar with 3 bn euro cash infusion

Sep 08 2026

French AI firm Mistral said Tuesday that it raised three billion euros in what it called the largest-ever European tech …

Carney touts Canada 'pivot' away from US as tariffs rise

Sep 08 2026

Canadian Prime Minister Mark Carney on Tuesday said reducing economic ties with the United States would come at a cost …

Could gas prices return to 2022 highs on US-Iran war?

Sep 08 2026

European gas prices have more than doubled owing to the US-Iran war, just as Europe needs to replenish its reserves …

France's BIC sees high potential in US pot smokers

Sep 08 2026

BIC, the French specialist in disposable pens, razors and lighters, has a plan to spark up its profits in the United …

South Africa economy shrinks ahead of local elections

Sep 08 2026

South Africa's economy shrank in the second quarter of 2026, snapping a nearly two-year growth streak as the war in Iran …

On London's Brick Lane, a data centre sparks local battle

Sep 08 2026

In Brick Lane, the historic heart of London’s Bangladeshi community, residents oppose plans for a data centre in a …

Yen extends gains as traders eye rate hike, tech rallies again

Sep 08 2026

The yen extended gains Tuesday, putting it in range of a 2026 high against the dollar as investors ramp up bets on Bank …

Ethiopia boosts drone production to fight rebels

Sep 08 2026

Ethiopia has been manufacturing drones at two factories since last year and is now thought to have a fleet of thousands, …

China's trade booms as focus turns to expected Trump-Xi summit

Sep 08 2026

China's imports and exports surged in August, helped by a global AI buildout that has fuelled demand for technology …

French AI firm Mistral valued at 21 bn euros after latest funding

Sep 08 2026

Mistral announced Tuesday that it had raised three billion euros ($3.5 billion) in what it described as the largest-ever …

Canada's counter-tariffs take effect on various US goods

Sep 08 2026

Canada's retaliatory tariffs on billions of dollars in US products took effect Tuesday, as a trade war between the North …

Mongolians wait hours for fuel as reliance on Russia bites

Sep 08 2026

After a five-hour wait for petrol, Mongolian pensioner Nasanjargal is still 10 places from the pump, with dozens of cars …

Trump threatens sales in US of Canadian aircraft maker Bombardier

Sep 08 2026

President Donald Trump threatened Monday to block US sales of Canadian plane maker Bombardier unless it builds aircrafts …

Macron, SKorea leader warn at film summit of AI risks to creativity

Sep 08 2026

French President Emmanuel Macron on Monday called for cinema to be protected in the age of artificial intelligence and …

Panama Canal considering more cuts in transits due to El Nino

Sep 07 2026

The number of ships sailing through the Panama Canal could be cut further due to drought caused by the El Nino weather …

Jakarta airport and others reopen after volcanic ash crisis

Sep 07 2026

Indonesia's main airport and several other air travel hubs reopened early Tuesday after days of closure due to ash from …

Africa's richest man eyes continent's largest IPO

Sep 07 2026

Africa's richest man will next week launch what he says will be the continent's biggest initial public offering, seeking …

Tech firms rally, with eyes on US inflation update

Sep 07 2026

Technology firms rallied on stock markets Monday, with traders gearing up for key US inflation data this week that could …

Jakarta airport extends closure after volcano eruption

Sep 07 2026

Indonesia's main airport postponed reopening on Monday after halting operations following a volcanic eruption that left …

Robots protest rampant AI in Poland

Sep 07 2026

Waving flags, "chanting" slogans, and marching in circles: around 30 robots took to the streets of Warsaw on Monday to …

EU chief announces 200-mn-euro investment package for Greenland

Sep 07 2026

European Commission President Ursula von der Leyen on Monday announced a 200-million-euro ($232-million) package for …

France, SKorea warn at film summit of AI risks to creativity

Sep 07 2026

French President Emmanuel Macron warned on Monday of the dangers of AI in creative sectors, at a summit on the future of …

Volkswagen plant to be converted for Israeli defence group

Sep 07 2026

Crisis-wracked German auto giant Volkswagen said Monday that one of its plants would be sold off and converted to make …

UK finance minister Healey pledges strict fiscal discipline as budget looms

Sep 07 2026

Britain's new finance minister John Healey on Monday pledged to maintain the Labour government's strict fiscal …

Scorching summer pushes French wine harvest to new historic low

Sep 07 2026

French wine production this year is expected to fall 6 percent from 2025 after a summer of unprecedented heatwaves and …

Jaguar Land Rover to cut 4,000 jobs as European car sector hits skids

Sep 07 2026

Jaguar Land Rover said Monday that it would cut "around 4,000 roles over the next two years", or about ten percent of …

US average diesel price rises to record $5.90 a gallon: AAA

Sep 07 2026

Average diesel prices in the United States climbed to a new record Monday, the motorists' association AAA said, as …

Tokyo's Shinjuku to ban more than half of vacation rentals

Sep 07 2026

Tokyo tourist hotspot Shinjuku will impose a ban on more than half of its holiday rentals including homes on Airbnb …

Tech firms rally but Asian markets mixed, with eyes on US inflation

Sep 07 2026

Tech firms rallied on a mixed day for Asian stocks Monday, with traders gearing up for a crucial week of events …

Tech firms rally on mixed day for Asian markets, with eyes on US inflation

Sep 07 2026

Tech firms rallied on a mixed day for Asian stocks Monday, with traders gearing up for a crucial week of events …

ECB set to hike interest rates as Iran war flares anew

Sep 07 2026

The European Central Bank is expected to raise interest rates again this week as renewed fighting in the Middle East …

AI data centers are less thirsty now, tech giants say

Sep 07 2026

Data centers are running into a wall of public anger in the United States over their thirst for water and power.

Still on top: 'Spider-Man' dominates North American box office

Sep 06 2026

"Spider-Man: Brand New Day" has claimed the top spot in North American box office sales for the sixth straight week, an …

US aircraft carrier departs Thailand after port call

Sep 06 2026

Thousands of US sailors aboard an aircraft carrier departed from Thailand on Sunday, AFP journalists said, concluding …

'Like a jewel': Japan's luxury ice revered by bars worldwide

Sep 06 2026

In the historic Japanese city of Kanazawa, craftsmen painstakingly shape and slice blocks of ice destined to chill …

Argentina threatens to sanction oil projects around Falklands

Sep 05 2026

Argentina has announced that it will investigate and sanction oil companies working near the Falkland Islands without …

The disgraced banker stirring the pot in Brazil's Supreme Court

Sep 05 2026

Brazil's Supreme Court has been drawn into another scandal following revelations about its judges' relations with a …

Panama Canal begins reducing crossings due to El Nino

Sep 04 2026

The Panama Canal on Friday began reducing the number of ships passing through due to a drought caused by the El Nino …

Stocks slip as robust US jobs data stokes rate hike odds

Sep 04 2026

Stocks mostly fell on Friday on news that the US economy created far more jobs than expected last month, making it more …

Job growth but record-high diesel prices -- Trump's midterms mixed bag

Sep 04 2026

Fresh economic data on Friday brought US President Donald Trump's Republican Party good and bad news ahead of midterm …

Nigeria's Dangote refinery looks to raise $1.6 bn in IPO

Sep 04 2026

A Nigerian oil refinery owned by Africa's richest man is preparing an initial public offering expecting to raise $1.6 …

Portugal extends talks to privatise national carrier TAP

Sep 04 2026

Portugal's government said Friday it would pursue talks with both Air France-KLM and Lufthansa on privatising a …

Job growth, but surging diesel prices - Trump's midterms mixed bag

Sep 04 2026

Fresh economic data on Friday brought US President Donald Trump's Republican Party good and bad news ahead of midterm …

Portugal extends talks to privatise airline

Sep 04 2026

Portugal's government said Friday it would pursue talks with both Air France-KLM and Lufthansa on privatising a …

Stocks slip as robust US jobs data stokes rate hike chances

Sep 04 2026

Stocks mostly fell on Friday after the US economy created far more jobs than expected last August, making it more likely …

US shows strong job growth in August in boon to Trump

Sep 04 2026

The US job market registered strong growth in August, government data showed on Friday, outperforming expectations and …

US safety regulator probes Tesla's Cybercab

Sep 04 2026

US auto safety regulators have opened an inquiry into Tesla's driverless Cybercab, questioning how the company concluded …

Workers reeling after VW cuts open door to factory closures

Sep 04 2026

The day after Volkswagen management, shareholders and unions agreed to cut a total 100,000 jobs over the coming years, …

US shows strong job growth in August in boon to Trump ahead of midterms

Sep 04 2026

The US job market registered strong growth in August, government data showed on Friday, outperforming expectations and …

US diesel price hits new high on Iran war, squeezing voters

Sep 04 2026

The price of diesel -- the vital fuel used for road hauling, agriculture and construction -- hit a new record Friday in …

France unveils 1 bn euro farm aid package after climate-hit summer

Sep 04 2026

France on Friday announced more than one billion euros in emergency support for farmers after an unprecedented summer of …

Weather and war push up food prices in August: FAO

Sep 04 2026

Food price inflation accelerated in August as drought and conflicts impacted commodity markets, with sugar prices …

Stocks mixed before US jobs data, oil dips

Sep 04 2026

Stock markets wavered Friday in Europe after gains for most Asian markets, with all eyes on upcoming US jobs data as …

East German refinery adjusts to life without Russian oil

Sep 04 2026

Russia's Druzhba ("Friendship") pipeline long supplied the eastern German oil refinery that provides most of Berlin's …

German factory orders rise again in latest recovery sign

Sep 04 2026

German factory orders climbed in July for the third month in a row, official data showed Friday, the latest sign that …

Asian stocks rally as traders pare rate bets ahead of jobs data

Sep 04 2026

Most Asian stocks rose Friday and government yields held their losses after comments from top Federal Reserve officials …

German AfD's love for Simson mopeds dismays Jewish family behind brand

Sep 04 2026

German far-right AfD politicians like to ride vintage Simson scooters that are icons of the former communist East …

Tesla launches self-driving 'Cybercab' in Texas

Sep 04 2026

Electric-vehicle maker Tesla announced the debut of its self-driving robotaxi, dubbed "Cybercab," on Thursday in a bid …

OpenAI begins rollout of new powerful AI model GPT-6 Astra

Sep 04 2026

ChatGPT maker OpenAI said Thursday it would begin rolling out its newest and most powerful artificial intelligence (AI) …

Yen surges on new intervention talk, US stocks rally

Sep 03 2026

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

Volkswagen says cutting 100,000 jobs by end of decade

Sep 03 2026

German car giant Volkswagen said Thursday that management and unions had agreed to cut a total of 100,000 jobs by the …

How El Nino is choking the Panama Canal

Sep 03 2026

The Panama Canal will restrict the number of vessels transiting the crucial waterway from Friday for the second time …

Senegal has an IMF loan, now what?

Sep 03 2026

Heavily indebted Senegal received a $2.2 billion lifeline from the IMF earlier this week. What does the three-year loan …

Hugging Face, the French start-up that became AI's warehouse

Sep 03 2026

Hugging Face, the artificial intelligence platform US chip giant Nvidia is buying for $12.9 billion, is a French success …

Tesla's semi-autonomous driving could be adapted to EU norms: France

Sep 03 2026

Tesla's semi-autonomous driving system could be adapted to meet EU and international norms initial tests suggest, French …

Apple faces £2 bn lawsuit in UK over app privacy feature

Sep 03 2026

Apple faces a £2 billion ($2.7 billion) lawsuit brought by UK app developers who accused Thursday the US tech giant of …

37 people die from fumes during oil pipeline theft in Nigeria: NGO

Sep 03 2026

At least 37 people died early Thursday in Nigeria's oil-rich southern Niger Delta after inhaling fumes during the theft …