Business and Economy
Oil extends gains and stocks mostly down on fresh Hormuz worries
AFP - 1h ago
Oil prices extended gains and most stocks fell further on Friday amid fading optimism over a deal to reopen the Strait …
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Oil extends gains and stocks fall on fresh Hormuz worries
AFP - 4h ago
Oil prices extended gains and stocks fell further on Friday amid fading optimism over a deal to reopen the Strait of …
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Meta ordered to pay US state $567 mn to abate 'public nuisance' and child harm
AFP - 8h ago
A New Mexico judge on Thursday ordered Meta to pay more than half a billion dollars over the state's claims that the …
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Clashes with police as Argentines protest property bill
AFP - 8h ago
Protesters in Buenos Aires clashed Thursday with police firing tear gas and rubber bullets as thousands of people …
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Thousands protest private property legislation in Argentina
AFP - 1h ago
Protesters clashed with police as thousands of people braved stormy weather to demonstrate against a controversial …
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Oil price shoots up as stocks tread water
Aug 06 2026
Oil prices barreled higher again Thursday, extending their volatile run, while global stock markets had a mixed day …
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Low water on Germany's Rhine river threatens new blow to economy
Aug 06 2026
Dwindling water levels on Germany's big rivers, worsened by heat and drought, are raising fears that badly constrained …
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Britain's EasyJet flies into US hands as takeover confirmed
Aug 06 2026
Britain's no-frills airline EasyJet confirmed Thursday a £5.7-billion ($7.7-billion) takeover by US private equity firm …
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Rheinmetall sales keep surging despite cancelled naval frigate project
Aug 06 2026
German weapons maker Rheinmetall said Thursday it expects to lose around 300 million euros ($346 million) on Berlin's …
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Stocks tread water with earnings, tech in focus
Aug 06 2026
Global stock markets were stuck in neutral Thursday as investors assessed the latest batch of corporate earnings, with …
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French winemakers dread 'smoky taste' after wildfires
Aug 06 2026
Brushing his hand over crackling vine leaves, French winemaker Gregory Guibergia was relieved a wildfire only scorched …
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UK clears Paramount's takeover of Warner Bros
Aug 06 2026
Britain on Thursday gave the green light to Paramount Skydance's $110 billion takeover of Warner Bros. Discovery, as the …
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Stocks diverge with earnings, tech in focus
Aug 06 2026
Global stock markets diverged on Thursday as investors assessed the latest corporate earnings with tech firms back under …
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Baltic startups take aim at deterring Russia on NATO's eastern flank
Aug 06 2026
When Russia launched its full-scale invasion of Ukraine, Rapolas Markevicius was managing a private equity fund in …
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Siemens shares plunge on disappointing guidance raise
Aug 06 2026
German industrial giant Siemens on Thursday raised its profit outlook for the second time this year after a quarter …
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Stocks mixed with tech firms back under pressure
Aug 06 2026
Most Asian markets were mixed on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI …
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'Stretch our money': Romanians face highest EU inflation
Aug 06 2026
At the weekly market in the southern Romanian town of Calarasi, Florica Vasile goes from vendor to vendor loading her …
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Asian stocks mostly down with tech firms back under pressure
Aug 06 2026
Most Asian markets sank on Thursday with tech firms back under pressure after a four-day rebound amid lingering AI …
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Istanbul cymbals: From Ottoman war tool to pulse of global music
Aug 06 2026
The rhythmic clanging of hammers on bronze echoes through the Istanbul workshop where three craftsmen are landing blows …
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Google-parent Alphabet shakes up AI division
Aug 05 2026
Google's head of AI, Demis Hassabis, will step down from his current role to become Alphabet's chief scientist amid a …
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Dow edges to record as markets parse prospects for Hormuz deal
Aug 05 2026
Stock markets climbed but then stalled Wednesday as investors digested a wave of company earnings that broadly surpassed …
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Disney profits top estimates on strength in theme park business
Aug 05 2026
Disney reported better-than-expected profits Wednesday, citing a strong performance in its theme park business amid …
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Stocks stall tracking earnings, oil dips on Iran-Oman Hormuz move
Aug 05 2026
Stock markets climbed but then stalled Wednesday as investors digested a wave of company earnings that broadly …
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South Korea police raid Starbucks HQ over 'Tank Day' fiasco
Aug 05 2026
South Korean police raided the Starbucks national headquarters Wednesday, the chain's local operator told AFP, following …
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Stocks mostly rise tracking earnings, US-Iran hopes
Aug 05 2026
Stock markets mostly climbed on Wednesday as investors digested a wave of company earnings that have broadly surpassed …
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Cathay Pacific's profit soars 71% despite Iran war driving up fuel costs
Aug 05 2026
Hong Kong carrier Cathay Pacific reported Wednesday a 71-percent surge in net profit in the first half of the year, as …
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Tech back in fashion as Asian markets extend rebound
Aug 05 2026
Asian equities climbed again Wednesday, tracking another record on Wall Street, as tech firms enjoyed a recent revival …
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Trump admin to review 'closed' AI models before release: reports
Aug 05 2026
The Trump administration on Tuesday met with tech leaders to finalize a security review process for advanced AI models …
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Factories shed workers in Bangladesh garment sector
Aug 05 2026
Garment worker Mosammat Aklima found out in a text message that she had become one of thousands laid off in the latest …
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High bills, cheap panels drive a Philippine solar surge
Aug 05 2026
Edwin Salas watched as the first of 20 solar panels was installed on the roof of his home, joining a Philippine solar …
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Trump's sale of access to Truth Social raises eyebrows
Aug 05 2026
US President Donald Trump's move to charge for early access to his often market-moving Truth Social posts is raising …
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Paramount CEO says politics fueling Warner Bros. merger battle
Aug 04 2026
Paramount CEO David Ellison said Tuesday that the legal battle over his proposed multibillion-dollar takeover of Warner …
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SpaceX revenue jumps 92% in first earnings report, but shares slide
Aug 04 2026
SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first …
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SpaceX revenue jumps 92% in first earnings report
Aug 04 2026
SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first …
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Oil drops, stocks hit records on hopes of Hormuz opening
Aug 04 2026
Oil prices fell sharply Tuesday after US Treasury Secretary Scott Bessent said a deal could be reached imminently with …
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McDonald's reports slower US sales in 2nd quarter
Aug 04 2026
McDonald's reported slower sales growth in the US market in the second quarter as executives blamed too many …
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Oil drops, stocks gain on hopes of Hormuz opening
Aug 04 2026
Oil prices fell sharply Tuesday after US Treasury Secretary Scott Bessent said a deal could be reached with Tehran by …
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Oil turns lower, stocks gain on hopes of Hormuz opening
Aug 04 2026
Oil prices fell on Tuesday, reversing earlier gains after US Treasury Secretary Scott Bessent said a deal could be …
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BP profit soars as Mideast war roils energy prices
Aug 04 2026
British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war …
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Oil edges higher, stocks gain as investors eye political risks
Aug 04 2026
Global oil prices rose Tuesday, recovering some of the previous session's heavy losses as uncertainty surrounded the …
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Most stock markets gain, while oil prices edge up after plunge
Aug 04 2026
Stocks mostly rose Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall …
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Most stock markets gain, while oil prices edge up after latest plunge
Aug 04 2026
Stocks mostly rose Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on Wall …
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Weak yen helps auto giant Toyota raise forecasts
Aug 04 2026
Japanese car giant Toyota on Tuesday raised its profit forecasts as the weak yen helped it compensate for the Middle …
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Britain's Royal Mint strikes gold in electronic waste
Aug 04 2026
At the heart of Britain's coin factory, old Bank of England telephones are stripped down and dipped into giant vats to …
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Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling
Aug 04 2026
Less than two months after a record-breaking IPO, SpaceX is set to publish its first quarterly results after markets …
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Frustration builds as Cuba scrambles to restore power
Aug 04 2026
Cuba struggled to restore power Monday after another nationwide blackout, with the extended darkness prompting some …
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Stocks mixed as Seoul stabilises, oil prices rise with eyes on Mideast
Aug 04 2026
Stocks stabilised in Asia on Tuesday after last week's tech-led rollercoaster ride as investors tracked a record day on …
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Trapped by war, Bangladesh seafarer recounts Gulf ordeal
Aug 04 2026
For 115 days, captain Mohammad Shafiqul Islam was stranded on the high seas of the Gulf, watching missiles light up the …
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Weather disrupts Cuba's power restoration after latest nationwide blackout
Aug 04 2026
Cuba on Monday began gradually restoring power after suffering another nationwide blackout, the sixth since the year …
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US regulators grant long-awaited Boeing 737 MAX 7 certificate
Aug 04 2026
More than eight years after Boeing organized the maiden flight of the 737 MAX 7, US authorities announced Monday that …
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Democratic-led US states sue in latest challenge to Trump's tariffs
Aug 03 2026
Twenty-five US states, nearly all led by Democrats, sued Donald Trump's administration on Monday over wide-ranging …
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Dow hits fresh record as oil prices tumble
Aug 03 2026
Oil prices slumped and stocks mostly rose Monday after US President Donald Trump insisted negotiations with Iran were …
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'Spider-Man' breaks record for domestic box office debut
Aug 03 2026
"Spider-Man: Brand New Day" had the biggest debut weekend of all time at the domestic box office, updated figures for …
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Key dates for the Boeing 737 MAX
Aug 03 2026
A significant factor in Boeing's lengthy slump of recent years, the 737 MAX is now at the center of the aviation giant's …
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Cuba slowly regains power after latest nationwide blackout
Aug 03 2026
Cuba on Monday began gradually restoring power after suffering another nationwide blackout, the sixth since the year …
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Oil slides, stocks rise on hopes of deal to end Mideast war
Aug 03 2026
Oil prices slumped and stocks mostly rose Monday after US President Donald Trump insisted preparations were made for new …
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Sandoz strikes US settlements to resolve generic drug price dispute
Aug 03 2026
Swiss pharmaceutical group Sandoz on Monday announced two amicable settlements in the United States, totalling $478.5 …
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Oil prices slide on hopes of deal to end Mideast war
Aug 03 2026
Oil prices tumbled Monday after US President Donald Trump said he was preparing for new talks with Iran aimed at ending …
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Four Al-Fayed survivors told they were trafficking victims
Aug 03 2026
Four women who allege abuse by late Harrods owner Mohamed Al-Fayed were confirmed as victims of human trafficking by the …
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Oil prices sink on Iran hopes, yen gains after joint intervention
Aug 03 2026
Oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen …
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US, Japan join forces to boost yen
Aug 03 2026
Japan and the United States said Monday they were ready to act again following their first joint action in 28 years to …
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Cuba state energy firm reports new nationwide blackout
Aug 03 2026
Cuba's power grid failed Sunday, causing another nationwide blackout, a state utility said in a social media post.
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Oil prices sink on Middle East hopes, yen extends gains after joint intervention
Aug 03 2026
Oil prices tumbled Monday as Donald Trump said fresh talks with Iran will begin later in the day, while the yen extended …
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US, Japan support yen with first joint intervention since 2011
Aug 03 2026
Japan and the United States said Monday they were ready to act again following their first joint action in 28 years to …
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Trump says US support for Japanese yen a 'signal of friendship'
Aug 02 2026
President Donald Trump on Sunday confirmed that the United States had intervened jointly with Japan to support the yen, …
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Trump says new Iran talks set to start after calling off massive attack
Aug 02 2026
US President Donald Trump said that new negotiations with Iran will begin Monday after he decided to hold off on …
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Iran says close to Hormuz deal with Oman, after US suspends attack plan
Aug 02 2026
Iran on Sunday said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US …
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OPEC+ boosts September production by 188,000 barrels/day
Aug 02 2026
Saudi Arabia, Russia and five other key members of OPEC+ agreed in an online meeting Sunday to boost oil production by …
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When rogue AI launches a cyberattack, who is legally responsible?
Aug 02 2026
Cyberattacks carried out by two OpenAI artificial intelligence models acting autonomously raise a novel legal question: …
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Trump says US, Israel to hold off on Iran strikes
Aug 02 2026
President Donald Trump said Saturday that the United States and Israel had agreed to hold off on new strikes on Iran -- …
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Baltics transform from Soviet stagnation to startup hubs
Aug 02 2026
Stepping into the newly renovated Vilnius airport, visitors are greeted with a slew of billboards advertising products …
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AI keeps consumer prices high in 'RAMaggedon' chip crunch
Aug 02 2026
Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer …
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OPEC+ tipped to raise production again but new quotas loom
Aug 02 2026
Saudi Arabia, Russia and five other members of OPEC+ are expected to raise their oil production quotas for September …
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Egypt captains recount scramble to stop disaster after drone strike
Aug 01 2026
Marine officers who battled fires aboard two gas vessels struck in a drone attack on Egypt's port of Damietta feared the …
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US Fed dissenters call for rate hikes over sustained inflation
Jul 31 2026
All three US Federal Reserve policymakers who dissented from the central bank's decision to keep interest rates steady …
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Amazon surges as US stocks shrug off bond yield worries
Jul 31 2026
Wall Street stocks charged higher Friday behind strong earnings from Amazon that offset the drag from higher US Treasury …
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Oil giants report blowout profits on war, warn high gas prices could persist
Jul 31 2026
US petroleum giants ExxonMobil and Chevron released blowout profits Friday due to the Middle East war, as executives …
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Tech-fuelled rally fizzles as oil prices rise
Jul 31 2026
Asian stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed a …
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French, Italian winegrowers face earliest ever harvest
Jul 31 2026
Scorching summer temperatures have disrupted life for millions of Europeans but for winegrowers in Italy and France, who …
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Stock markets rally on tech rebound
Jul 31 2026
Global stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed …
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New York sues online prediction markets giant Kalshi
Jul 31 2026
New York's attorney general sued betting platform Kalshi on Friday, accusing it of running an illegal gambling operation …
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Commerzbank agrees to talks with UniCredit after two-year standoff
Jul 31 2026
Commerzbank CEO Bettina Orlopp has called for the opening of talks with UniCredit regarding the German bank's future, …
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Profits surge at US oil giant amid Iran war supply shock
Jul 31 2026
US petroleum giants ExxonMobil and Chevron released blowout profits Friday, reflecting a major lift in business …
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Wildberries: 'Russia's Amazon' targeted by Ukraine
Jul 31 2026
Ukraine has hit the warehouses of Russia's largest online retailer Wildberries around a dozen times since mid-July, …
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BP seeks to sell North Sea business as UK faces drilling dilemma
Jul 31 2026
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime …
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Tech rebound fuels record-breaking rally in South Korean stocks
Jul 31 2026
South Korean stocks soared a record 17.9 percent on Friday as Asian tech firms performed a blistering recovery from an …
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British oil giant BP aims to sell North Sea business
Jul 31 2026
BP has launched moves to sell its North Sea business, the British oil and gas giant announced Friday, as new Prime …
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Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
Jul 31 2026
Ferocious AI-driven demand delivered quarterly net profit more than 45 times higher than last year's figure for Japanese …
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Sony hikes profit outlook on strong gaming earnings
Jul 31 2026
Sony hiked its profit forecasts for the current year on Friday, helped by the Japanese consumer electronics giant's …
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FIFA vows to go ahead with private investor proposal
Jul 31 2026
World football's governing body FIFA vowed on Friday to press ahead with an "open and democratic" consultation on a …
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US eyes European gas dominance through Balkans
Jul 31 2026
As Europe weans itself off Russian energy, Washington is fast emerging as its largest gas supplier, with experts …
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Greek visa scheme gives Turks easier entry to islands in EU
Jul 31 2026
For Ikra Altumsek, and many other Turkish tourists, a visa-on-arrival scheme to visit several of Greece's Aegean islands …
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China factory activity slides as leaders seek spending boost
Jul 31 2026
China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's …
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Cables and cooling bring AI windfall to Indian suppliers
Jul 31 2026
At a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic …
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Oil industry sees war windfall but girds for political blowback
Jul 31 2026
US oil giants are set to report blowout profits Friday at a time when lofty gasoline prices are stressing consumers and …
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Amazon beats expectations with cloud and AI growth
Jul 30 2026
Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its …
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Apple tops estimates in CEO Cook's final quarter, but shares fall
Jul 30 2026
Apple beat market expectations in its latest results on Thursday, capping Tim Cook's final earnings report as CEO with a …
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Blowout Microsoft results lift US stocks as oil retreats
Jul 30 2026
Wall Street stocks rebounded Thursday as blowout Microsoft results and moderating oil prices blunted worries about …
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UEFA says will boycott World Cup if FIFA pushes private investor proposal
Jul 30 2026
European football's governing body UEFA said Thursday it would boycott the World Cup if FIFA pressed ahead with its …
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Stocks climb on earnings and rates, oil retreats
Jul 30 2026
Most European and US stock markets advanced Thursday as traders tracked major earnings and central bank updates, while …
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Prada profits pinched as growth hard to chase
Jul 30 2026
Prada said Thursday that its net profit slumped in the first half of this year as it integrates its new brand Versace, …
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US economic growth slows in second quarter, missing expectations
Jul 30 2026
The United States saw slowing growth in the second quarter, the Commerce Department said Thursday, with fallout from …
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