Business and Economy
Amazon shares surge as AI boom drives cloud growth
AFP - 22m ago
Amazon's share price skyrocketed by more than ten percent on Thursday after the online retail behemoth reported better …
Full Story »
Stocks mostly fall as investors digest Trump-Xi talks, earnings
AFP - 24m ago
Stock markets wobbled Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
Full Story »
Saudi chases AI ambitions with homegrown firm pitched to global investors
AFP - 3h ago
Powered by its sovereign wealth fund of nearly $1 trillion, Saudi Arabia is backing its new AI firm Humain, entering a …
Full Story »
Stocks diverge as investors digest Trump-Xi talks, earnings
AFP - 3h ago
Stock markets wobbled Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
Full Story »
UN climate fund posts record year as chief defends loans
AFP - 4h ago
The head of the UN's flagship climate fund has announced a record-breaking year for approving projects in vulnerable …
Full Story »
G7 to launch 'alliance' countering China's critical mineral dominance
AFP - 4h ago
G7 energy ministers meeting in Canada on Thursday planned to launch a new alliance to counter China's critical mineral …
Full Story »
Fentanyl, beans and Ukraine: takeaways from Trump-Xi's 'great meeting'
AFP - 5h ago
From a crippling trade conflict to the Ukraine war, here's what Beijing and Washington say was achieved during Donald …
Full Story »
Chinese EV giant BYD says Q3 profit down 33%
AFP - 5h ago
Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, …
Full Story »
ECB holds rates steady with eurozone more resilient
AFP - 5h ago
The European Central Bank kept interest rates unchanged again Thursday, saying inflation was in check and risks to the …
Full Story »
Universal says struck first licensing deal for AI music
AFP - 1h ago
A deal struck between Universal Music Group and AI music creation startup Udio marks a new chapter for a recording …
Full Story »
Shares in Jeep-maker Stellantis slump despite rising sales
AFP - 5h ago
Shares in Stellantis suffered a double-digit fall on Thursday as the US-European auto giant whose brands include Jeep, …
Full Story »
Stocks slide as investors digest Trump-Xi talks, earnings
AFP - 1h ago
Stock markets mostly retreated Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, …
Full Story »
No GDP data released as US shutdown bites
AFP - 7h ago
A US federal data blackout deepened Thursday as a government shutdown halted the release of third quarter GDP figures, …
Full Story »
With inflation under control, ECB holds rates steady again
AFP - 2h ago
The European Central Bank kept interest rates unchanged Thursday but warned of an "uncertain" economic outlook amid …
Full Story »
Nissan says expects $1.8 bn operational loss in 2025-26
AFP - 8h ago
Struggling Japanese carmaker Nissan said it expected to suffer an operating loss of 275 billion ($1.8 billion) in its …
Full Story »
Italy court stalls Sicily bridge, triggers PM fury
AFP - 2h ago
Italy's government said Thursday it would address concerns over a new bridge to Sicily, after Prime Minister Giorgia …
Full Story »
Novo Nordisk launches bidding war with Pfizer for obesity drugmaker Metsera
AFP - 4h ago
Danish pharmaceutical giant Novo Nordisk, maker of weight-loss drugs Ozempic and Wegovy, announced Thursday an …
Full Story »
Stocks fall as investors eye Trump-Xi talks, earnings
AFP - 2h ago
Stock markets fell Thursday as traders digested a high-stakes meeting between the US and Chinese presidents, mixed …
Full Story »
'Significant' Xi, Trump talks win cautious optimism in China
AFP - 5h ago
A rare meeting between leaders Donald Trump and Xi Jinping has succeeded in temporarily stabilising US-China relations, …
Full Story »
Branson's Virgin moves closer to launching Eurostar rival
AFP - 9h ago
British entrepreneur Richard Branson vowed Thursday to "shake up" cross-Channel train services after regulators approved …
Full Story »
Eurozone growth beats expectations in third quarter
AFP - 39m ago
The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday, buoyed by …
Full Story »
Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes
AFP - 49m ago
Volkswagen reported its first quarterly loss for five years Thursday, topping one billion euros, as the German auto …
Full Story »
Shell's net profit jumps despite lower oil prices
AFP - 1h ago
British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the third quarter as trading margins …
Full Story »
Asia markets fluctuate as investors examine Trump-Xi talks
AFP - 2h ago
Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in …
Full Story »
Trump, Xi ease fight on tariffs, rare earths
AFP - 7h ago
Donald Trump and Xi Jinping agreed on Thursday to calm the trade war between China and the United States that has roiled …
Full Story »
Bank of Japan keeps interest rates unchanged
AFP - 6h ago
The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high …
Full Story »
Asia markets fluctuate as investors mull Trump-Xi talks
AFP - 1h ago
Asian stock markets fluctuated on Thursday after a high-stakes meeting between US and Chinese leaders that resulted in …
Full Story »
Fentanyl, beans and Ukraine: Trump hails 'success' in talks with Xi
AFP - 2h ago
A beaming US President Donald Trump hailed his "great success" in talks with Chinese President Xi Jinping in the South …
Full Story »
G7 meets on countering China's critical mineral dominance
AFP - 7h ago
Curbing China's critical mineral dominance will top the agenda at a G7 energy ministers meeting in Canada on Thursday, …
Full Story »
Trump hails tariff, rare earth deal with Xi
AFP - 1h ago
US President Donald Trump called the meeting Thursday with China's Xi Jinping a "great success", after the world's top …
Full Story »
Trump, Xi talks wrap up with outcome unclear
AFP - 1h ago
Crunch talks between US President Donald Trump and China's Xi Jinping focused on their trade war wrapped up in under two …
Full Story »
US economy in the dark as government shutdown cuts off crucial data
AFP - 8h ago
US policymakers, financial institutions and business owners have been flying blind for almost a month as a government …
Full Story »
Trade truce in balance as Trump meets 'tough negotiator' Xi
AFP - 37m ago
US President Donald Trump and China's leader Xi Jinping opened on Thursday their first face-to-face meeting in six …
Full Story »
With inflation under control, ECB to hold rates steady again
AFP - 8h ago
The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with …
Full Story »
Asia stocks muted with all eyes on Trump-Xi meeting
AFP - 5h ago
Asian stocks were subdued Thursday morning, with investors closely watching talks between the leaders of the United …
Full Story »
Samsung posts 32% profit rise on-year in third quarter
AFP - 7h ago
South Korean tech giant Samsung Electronics posted on Thursday a 32 percent rise in profits on-year for the third …
Full Story »
Trump orders nuclear testing resumption ahead of Xi talks
AFP - 1h ago
President Donald Trump announced Thursday the resumption of US nuclear weapons testing, minutes ahead of his first …
Full Story »
'Utter madness': NZ farmers agree dairy sale to French group
AFP - 10h ago
Farmers who own New Zealand dairy cooperative Fonterra voted Thursday to sell its consumer business to French group …
Full Story »
Taxes, labor laws, pensions: what Milei wants to do next
AFP - 8h ago
Boosted by his victory in mid-term elections, Argentina's libertarian President Javier Milei is preparing to forge ahead …
Full Story »
Trump, Xi to meet seeking truce in damaging trade war
AFP - 58m ago
Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on Thursday, with the US …
Full Story »
Google parent Alphabet posts first $100 bn quarter as AI fuels growth
Oct 29 2025
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth …
Full Story »
Boeing reports $5.4 bn loss on large hit from 777X aircraft delays
Oct 29 2025
Boeing on Wednesday reported a third-quarter loss of $5.4 billion as massive added costs from the delayed certification …
Full Story »
Meta shares sink as $16 bn US tax charge tanks profit
Oct 29 2025
Meta shares dove more than eight percent in after-hours trading Wednesday after the tech giant reported a US tax charge …
Full Story »
Divided US Fed backs second quarter-point rate cut of 2025
Oct 29 2025
The US Federal Reserve on Wednesday announced its second quarter-point rate cut in a row to bolster the flagging labor …
Full Story »
Dollar rises after Fed chair says December rate cut not a given
Oct 29 2025
The dollar strengthened Wednesday while Wall Street stocks were mixed after the Federal Reserve indicated its latest …
Full Story »
Google parent Alphabet posts first $100 bn quarter as AI drives growth
Oct 29 2025
Google parent Alphabet reported its first-ever $100 billion quarterly revenue on Wednesday, powered by strong growth …
Full Story »
Uber plans San Francisco robotaxis in Waymo challenge
Oct 29 2025
Uber said Wednesday it will launch its own robotaxi service in San Francisco late next year, taking on Google-owned …
Full Story »
S. African president eyes better US tariff deal 'soon'
Oct 29 2025
South African President Cyril Ramaphosa said Wednesday that his country has advanced to "text-based" negotiations with …
Full Story »
US media mogul John Malone to step down as head of business empire
Oct 29 2025
Billionaire media and telecoms tycoon John Malone will step down as chairman of his multinational companies Liberty …
Full Story »
Stocks extend record run as trade, AI dominates
Oct 29 2025
Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected …
Full Story »
AI chip giant Nvidia becomes world's first $5 trillion company
Oct 29 2025
AI chip juggernaut Nvidia became the world's first $5 trillion company on Wednesday, as investors remain confident that …
Full Story »
Markets extend record run as trade dominates
Oct 29 2025
Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected …
Full Story »
US Fed on track to cut rates again in penultimate decision of 2025
Oct 29 2025
The US Federal Reserve is almost certain to cut interest rates for a second straight meeting on Wednesday, and could …
Full Story »
EU seeks 'urgent solutions' with China over chipmaker Nexperia
Oct 29 2025
The EU said Wednesday it is seeking a swift resolution to a Chinese curb on chip exports linked to a row with the …
Full Story »
Spain's Santander bank posts record profit
Oct 29 2025
Spanish banking giant Santander reported record profits on Wednesday for the first nine months of 2025, buoyed by strong …
Full Story »
Chemicals firm BASF urges EU to cut red tape as profit dips
Oct 29 2025
The boss of German chemicals giant BASF on Wednesday called for the European Union to relax carbon trading rules, as the …
Full Story »
Trump expects 'great meeting' with Xi
Oct 29 2025
US President Donald Trump voiced optimism Wednesday on the eve of crunch trade talks with China's Xi Jinping, while also …
Full Story »
Mercedes-Benz reassures on Nexperia chips as profit plunges
Oct 29 2025
German premium carmaker Mercedes-Benz sought to reassure investors Wednesday over a feared shortage of microchips as it …
Full Story »
Asia stocks join Wall Street records as tech bull run quickens
Oct 29 2025
Asian stock markets surged on Wednesday, matching record gains on Wall Street the previous day as investor confidence in …
Full Story »
UK drugmaker GSK lifts 2025 guidance despite US tariffs
Oct 29 2025
British pharmaceutical group GSK on Wednesday raised its full-year outlook after strong sales growth in its third …
Full Story »
Mercedes-Benz profit plunges on China slump and US tariffs
Oct 29 2025
German premium carmaker Mercedes-Benz reported plunging third-quarter profit Wednesday, hit by weak sales in China as …
Full Story »
Norway's energy giant Equinor falls into loss
Oct 29 2025
Norwegian energy giant Equinor said Wednesday it suffered a net loss in the third quarter as it lowered its outlook for …
Full Story »
Record potato harvest is no boon in fries-mad Belgium
Oct 29 2025
Fries powerhouse Belgium is in for a record potato harvest this year -- but that's hardly cause for celebration for …
Full Story »
Deutsche Bank posts record profit on strong trading
Oct 29 2025
Germany's largest bank Deutsche Bank posted record third-quarter profit Wednesday and beat expectations, boosted by a …
Full Story »
UBS beats expectations as claws backs provisions
Oct 29 2025
Swiss banking giant UBS reported third-quarter earnings that beat analyst expectations, thanks in part to clawing back …
Full Story »
Trump expects 'great meeting' with Xi in South Korea
Oct 29 2025
US President Donald Trump said on Wednesday he expected a "lot of problems" to be solved with Chinese leader Xi Jinping …
Full Story »
NZ raids shipping insurer over alleged sanctions busting
Oct 29 2025
New Zealand police raided a shipping insurer's offices over allegations it offered cover to tankers breaking Russian …
Full Story »
As US blows up drug boats, Venezuelan oil sets sail
Oct 29 2025
While the American military blows up boats it claims are transporting drugs from Venezuela, observers say tankers …
Full Story »
Trump heads to South Korea with all eyes on Xi meeting
Oct 29 2025
US President Donald Trump headed Wednesday for South Korea, where a key meeting with Chinese leader Xi Jinping could …
Full Story »
Microsoft holds 27% of OpenAI in revamped partnership
Oct 28 2025
Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership, …
Full Story »
Wall Street record rally rolls on
Oct 28 2025
Wall Street stocks rose to fresh records again Tuesday as a jump in Nvidia shares added to bullishness over easing trade …
Full Story »
Uber partners with Nvidia to deploy 100,000 robotaxis
Oct 28 2025
Uber and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027.
Full Story »
Apple ordered to pay French operators 39 mn euros over iPhone sales
Oct 28 2025
A French court has ordered Apple to pay around 39 million euros ($45 million) to mobile network operators over …
Full Story »
Why are stock markets hitting record highs?
Oct 28 2025
Why have stock markets around the world -- from Wall Street to Tokyo and from Paris to Seoul, been striking record highs …
Full Story »
Berlin says Rosneft subsidiaries not impacted by US sanctions
Oct 28 2025
US sanctions targeting Rosneft will not impact the Russian oil giant's German subsidiaries, the German government told …
Full Story »
Musk launches Grokipedia to rival 'left-biased' Wikipedia
Oct 28 2025
Elon Musk's company xAI has launched a website called Grokipedia to compete with online encyclopedia Wikipedia, which he …
Full Story »
Takaichi, Trump swap praise for 'new golden age' of ties
Oct 28 2025
Japan's new premier Sanae Takaichi lavished US leader Donald Trump with praise and vows of a "golden age" of ties on his …
Full Story »
Amazon cuts staff by 14,000
Oct 28 2025
US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to …
Full Story »
Stocks retreat after Wall Street surge
Oct 28 2025
Major European and Asian stock markets mostly fell Tuesday as they waited for further developments after Wall Street …
Full Story »
European court clears Norway of climate misconduct over oil licences
Oct 28 2025
The European Court of Human Rights said Tuesday that Norway did not breach its climate obligations when it awarded …
Full Story »
Asian markets cool as Trump hails ties on Japan trip
Oct 28 2025
Asian markets cooled off Tuesday after the previous day's surge as traders digested Donald Trump's visit to Asian ally …
Full Story »
HSBC profit falls in third quarter, hit by legal woes
Oct 28 2025
HSBC reported a 14 percent drop in third-quarter pre-tax profit on Tuesday, with the banking giant's bottom line weighed …
Full Story »
Meta and TikTok to obey Australia under-16 social media ban
Oct 28 2025
Tech giants Meta and TikTok said Tuesday they will obey Australia's under-16 social media ban but warned the landmark …
Full Story »
Amazon to cut 30,000 office jobs: media reports
Oct 28 2025
Amazon will lay off tens of thousands of office workers as the e-commerce and tech giant trims costs amid ramped-up …
Full Story »
Wall Street stocks hit fresh records on easing US-China worries
Oct 27 2025
Wall Street stocks ended at fresh records again on Monday over optimism that the US-China trade war was about to ease, …
Full Story »
Russia's Lukoil to sell overseas assets after US sanctions
Oct 27 2025
Russian oil giant Lukoil will sell its overseas assets, the company said late Monday, after it was hit with US sanctions …
Full Story »
Stock markets advance on easing US-China worries
Oct 27 2025
Stock markets rose Monday on optimism that the US-China trade war is about to ease, with a possible deal in view when …
Full Story »
Asian stocks rally on US-China trade progress; Europe flat
Oct 27 2025
Asian stock markets rallied Monday as investors cheered a breakthrough in US-China trade talks that set the stage for …
Full Story »
Asia stocks surge on US-China trade deal breakthrough
Oct 27 2025
Asian equities surged Monday as investors cheered a breakthrough in US-China trade talks that set the stage for leaders …
Full Story »
'Definitive solution' on Brazil-US trade within days: Lula
Oct 27 2025
Brazil's President Luiz Inacio Lula da Silva said Monday a trade deal with the United States could happen within days, …
Full Story »
ECB to hold interest rates steady with inflation subdued
Oct 27 2025
The European Central Bank is expected to hold interest rates steady this week for its third straight meeting, with …
Full Story »
Australia sues Microsoft over 'misleading' AI offer
Oct 27 2025
Australia's competition watchdog accused Microsoft on Monday of misleading people into paying for its AI assistant …
Full Story »
'Smooth and easy': India and China resume direct flights as ties improve
Oct 27 2025
Passengers of the first direct flight between India and China in five years touched down on Monday, after Asia's giants …
Full Story »
Novartis acquiring US firm Avidity Biosciences for $12 bn
Oct 26 2025
Swiss pharmaceutical giant Novartis announced Sunday it had agreed to buy Avidity Biosciences, valuing the US …
Full Story »
India and China resume direct flights as ties improve
Oct 26 2025
India and China resumed direct flights on Sunday after a five-year suspension, a move important both for trade and a …
Full Story »
US Fed will likely cut again despite economic murkiness from shutdown
Oct 26 2025
The Federal Reserve is expected to announce its second rate cut of the year on Wednesday, despite a lack of clarity over …
Full Story »
Nigeria refinery aims to be world's biggest with expansion
Oct 26 2025
Nigeria's Dangote oil refinery, already the largest in Africa, aims to become the biggest in the world in three years' …
Full Story »
US treasury secretary signals deal to ease trade war with China
Oct 26 2025
US Treasury Secretary Scott Bessent on Sunday signalled a tentative deal with China to de-escalate their damaging, …
Full Story »
India and China to resume direct flights as ties improve
Oct 26 2025
India and China resume direct flights on Sunday after a five-year suspension, a move important both for trade and a …
Full Story »
How risky is the growth in US private credit?
Oct 26 2025
The recent bankruptcies of US companies First Brands and Tricolor have focused attention on risks associated with the …
Full Story »
Global race for rare earths comes to Kenya's Mrima Hill
Oct 26 2025
Division and suspicion have gripped five villages near Kenya's coast as global powers from the United States to China …
Full Story »
Trump makes Qatar stop en route to Asia summits, Xi talks
Oct 25 2025
Donald Trump met Saturday with Qatar's leaders to discuss the fragile truce in Gaza, stopping in the emirate on his way …
Full Story »