Business and Economy



Nexperia's China unit nears fully local production of chips: company sources

AFP - 1h ago

The domestic unit of the Chinese-owned, Dutch-headquartered chipmaker Nexperia will soon be able to produce …

Oil rallies, stocks drop as Trump dampens Mideast hopes

AFP - 1h ago

Oil surged and stocks fell on Thursday after Donald Trump threatened further heavy strikes on Iran, and offered no …

Strait of Hormuz shipping blockade update

AFP - 2h ago

Here are the latest key facts about impacts from the blockage of the Strait of Hormuz, a crucial shipping route …

Iran vows 'crushing' attacks on US after Trump threats

AFP - 3h ago

Iran on Thursday threatened "crushing" attacks on the US and Israel, firing missiles at Tel Aviv after US President …

Oil rallies, stocks tumble as Trump says US to hammer Iran further

AFP - 2h ago

Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another …

India's says defence exports hit 'all-time high' of $4 bn

AFP - 5h ago

India's defence exports "skyrocketed" to an all-time high of more than $4 billion in the last fiscal year, as it looks …

Middle East war: global economic fallout

AFP - 7h ago

Here are the latest economic events in the Middle East war:

War in the Middle East: latest developments

AFP - 7h ago

Here are the latest developments in the Middle East war:

Astronauts begin NASA lunar mission after climactic blast-off

AFP - 9h ago

Four astronauts blasted off aboard a massive NASA rocket Wednesday on a long-anticipated journey around the Moon, the …

US automakers report mixed sales as car market awaits war impact

Apr 01 2026

Carmakers reported mixed first-quarter US sales Wednesday pointing to a hit from winter storms, as the Middle East war …

US lifts sanctions on Venezuelan interim leader Delcy Rodriguez

Apr 01 2026

The United States on Wednesday lifted sanctions against Venezuela's interim President Delcy Rodriguez, who took power …

Top World Bank official 'extremely concerned' by fallout of Iran war

Apr 01 2026

The World Bank is "extremely concerned" about the effect the war on Iran will have on inflation, jobs and food security, …

SpaceX files to go public, paving way for record stock offering

Apr 01 2026

Elon Musk's SpaceX has filed papers with US regulators that set the stage for what could be the largest-ever public …

Tractors roll through Vienna as farmers protest

Apr 01 2026

Some 300 tractors rolled down the streets of Vienna Wednesday in a rare such protest in the Austrian capital as farmers …

UK to host multi-nation meeting on Hormuz shipping Thursday

Apr 01 2026

Britain will on Thursday hold a virtual a meeting of about 35 countries to discuss how to reopen the strategic Strait of …

SpaceX files securities documents to go public: source

Apr 01 2026

Elon Musk's SpaceX has filed confidential papers with US securities regulators for what could be the largest-ever public …

Chelsea announce record pre-tax loss of £262.4 million

Apr 01 2026

Chelsea made a Premier League record pre-tax loss of £262.4 million ($349.3 million) for the year ending June 30, 2025, …

Stocks rally, oil drops on Mideast war optimism

Apr 01 2026

Global stocks rallied and oil prices fell Wednesday after US President Donald Trump said the Middle East war that has …

Starmer says UK to host multi-nation meeting on Hormuz shipping

Apr 01 2026

Britain will this week hold a meeting of about 35 countries to discuss how to reopen the strategic Strait of Hormuz …

Swiss government eyes dropping purchase of US Patriot air defence system

Apr 01 2026

The Swiss government is considering dropping the agreed purchase of the Patriot air-defence system from the United …

IndiGo lands IATA chief Willie Walsh as new CEO

Apr 01 2026

IndiGo said Wednesday it was appointing Willie Walsh as its new chief executive as India's leading airline sought to …

Stocks rally, oil dips on Mideast war optimism

Apr 01 2026

Global stocks rallied and oil prices fell Wednesday after US President Donald Trump said the Middle East war that has …

Germany growth forecasts slashed as Mideast war hits economy

Apr 01 2026

Leading economic institutes more than halved their growth forecast for Germany on Wednesday, warning that the energy …

France's Dassault says 'weeks' left to save Europe warplane project

Apr 01 2026

The head of France's Dassault Aviation said on Wednesday he was giving his company "two to three weeks" to see if the …

Greenpeace accuses oil companies of reaping Mideast 'war profits'

Apr 01 2026

A study commissioned by Greenpeace said on Wednesday that oil companies have been making more than 80 million euros a …

Stocks rally, oil dives as Trump says war to end 'very soon'

Apr 01 2026

Equities rallied and oil tumbled Wednesday after US President Donald Trump said the Middle East war would be over in up …

Chinese robotaxis stall in apparent 'malfunction': police

Apr 01 2026

A string of self-driving robotaxis owned by Chinese internet giant Baidu stalled in central China, stranding passengers …

Asian stocks rally as Trump says war to end 'very soon'

Apr 01 2026

Asian stocks rallied Wednesday after US President Donald Trump said the Middle East war would be over in up to three …

AI giant Anthropic says 'exploring' Australia data centre investments

Apr 01 2026

Artificial intelligence giant Anthropic is eyeing data centre investments in Australia, saying Wednesday the nation was …

The reality of restarting North Sea oil drilling

Apr 01 2026

As the Middle East war drives up oil prices, the UK's main opposition Conservative party is urging the government to …

US auto sales seen falling as car market awaits war impact

Apr 01 2026

Carmakers are expected to report lower first-quarter US sales as the Middle East war clouds the industry's outlook …

Trump says Iran war could end in 'two weeks, maybe three,' to address US

Apr 01 2026

US President Donald Trump said Tuesday that the war with Iran may be over in two or three weeks and it will be up to …

At gas stations, Americans say they're 'paying the price' of Iran war

Apr 01 2026

At a gas station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as …

Trump says war with Iran could end in 'two weeks, maybe three'

Apr 01 2026

US President Donald Trump said Tuesday that the war with Iran may be over in two or three weeks, and it will be up to …

OpenAI raises $122 billion in boosted funding round

Mar 31 2026

OpenAI on Tuesday said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 …

US stocks surge on hopes Iran war will end soon

Mar 31 2026

Wall Street stocks rocketed higher Tuesday while oil prices retreated after Iran's president said his country had the …

Netanyahu vows Israel will 'crush Iran's terror regime'

Mar 31 2026

Israeli Prime Minister Benjamin Netanyahu said Tuesday that the more than month-long military campaign against Tehran …

Iran has 'will' to end war, but seeks guarantees, president says

Mar 31 2026

Iran has the "necessary will" to end the war with the United States and Israel, President Masoud Pezeshkian said …

Dizzying month on markets with Middle East war

Mar 31 2026

Oil prices soaring, bond yields climbing and equities slumping... financial markets saw dizzying movements in March …

EU says 'necessary' to reduce fuel demand to cope with energy crisis

Mar 31 2026

The EU urged member states Tuesday to try to push down domestic demand for fuel and prepare to secure oil supplies, …

Iran Guards say will target US tech firms if more leaders killed

Mar 31 2026

Iran's Revolutionary Guards warned Tuesday they would retaliate against leading US tech firms such as Google, Meta and …

Italy delays coal phase-out by over a decade

Mar 31 2026

Italy's parliament voted Tuesday to delay the closure of the country's coal-fired power stations by over a decade, a …

Stocks rise on peace hopes, oil mixed

Mar 31 2026

US and European stocks rose Tuesday on hopes for a quick end to the Middle East war, while oil prices traded mixed amid …

Israel weathers energy shock from Iran war even as world battles crisis

Mar 31 2026

Iran's chokehold on the Strait of Hormuz has thrown the global economic system into turmoil, yet Israel, which launched …

US consumers' inflation expectations surge on Mideast war

Mar 31 2026

Inflation expectations among US consumers surged in March to levels last seen around seven months ago, following …

Wave of US-Israeli strikes hit key Iran sites

Mar 31 2026

Iranian media reported Tuesday that a wave of US-Israeli strikes hit military bases, a religious site and a cancer drug …

Stocks rise on peace hopes, oil flat

Mar 31 2026

US and European stocks rose Tuesday on hopes for a quick end to the Middle East war, while oil prices steadied amid the …

Indonesia rations fuel as prices soar over Mideast war

Mar 31 2026

Indonesia on Tuesday announced fuel rationing and mandated work from home for civil servants as it seeks to conserve …

How Middle East war is driving up shipping costs

Mar 31 2026

Iran's closure of the Strait of Hormuz trade route in the Middle East war is driving up the costs of shipping fuel and …

Asia to be hit hardest by Iran war energy crisis: Kpler to AFP

Mar 31 2026

Asian nations are facing a major energy crisis as a result of the Iran war, with a sharp fall in crude shipments and few …

Huawei reports slowing revenue growth in 2025

Mar 31 2026

Chinese tech giant Huawei's revenue growth slowed last year, its annual report showed Tuesday, as sales of the company's …

Oil prices rise, stocks mixed on Iran war uncertainty

Mar 31 2026

Oil prices rose and stock markets diverged Tuesday as uncertainty over the direction of the Middle East war dominated …

Massive US-Israeli strikes hit Iran after Trump threat

Mar 31 2026

US and Israeli strikes hit military facilities in central Iran, damaged a major religious site in the northwest and …

Oil slips, stocks mixed after report says Trump willing to end war

Mar 31 2026

Oil prices slipped Tuesday and stocks were mixed as investors weighed a report indicating Donald Trump was willing to …

Stocks slip, oil swings after report says Trump willing to end war

Mar 31 2026

Most stocks fell and oil prices fluctuated Tuesday as initial optimism petered out following a report indicating Donald …

Iran fires missiles across Middle East as Trump threatens oil hub

Mar 31 2026

Iran fired missiles across the Middle East on Tuesday as its capital was hit by fresh explosions, after US President …

Oil slips, stocks rise as report says Trump willing to end war

Mar 31 2026

Oil prices sank and most stocks rose Tuesday, following a report that indicated Donald Trump was willing to end the Iran …

Indonesia trims meals programme: what next?

Mar 31 2026

Indonesia will make cuts to its free school meals programme from Tuesday as it seeks to set aside billions of dollars to …

Iran defiant as Trump threatens to destroy oil island

Mar 31 2026

Iran fired new missiles early Tuesday as it vowed defiance against US President Donald Trump, who threatened to destroy …

Cubans ready for Russian oil but some say not enough

Mar 31 2026

Cubans on Monday cautiously welcomed the imminent arrival of a Russian oil shipment, with some warning it would do …

Trump threatens to destroy Iran oil island despite claims of talks

Mar 30 2026

US President Donald Trump threatened Monday to destroy Iran's key oil export hub of Kharg Island along with power and …

Trump threatens to destroy Iran oil island despite price surge

Mar 30 2026

US President Donald Trump threatened Monday to destroy Iran's Kharg Island, a crude oil export hub, along with oil wells …

Oil rises on Trump's Iran threats, stocks mixed

Mar 30 2026

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump threatening to destroy Iran's …

Powell probe leaves US Fed leadership change in limbo

Mar 30 2026

US President Donald Trump has repeatedly insulted and criticized Federal Reserve Chairman Jerome Powell, famously …

Facts about Strait of Hormuz shipping blockade

Mar 30 2026

Here are the latest key facts and figures about the blockage of the Strait of Hormuz, a crucial shipping route virtually …

Stock market winners and losers one month into US-Israel war on Iran

Mar 30 2026

The US-Israel strikes against Iran have triggered a series of retaliations and military escalation in the Middle East …

Oil rises on Trump's Iran threats, stocks take cue on talks

Mar 30 2026

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump's threat to destroy Iran's …

What could Trump achieve by threatening Iran's Kharg Island?

Mar 30 2026

A scrubby island in the Gulf that is roughly one third the size of Manhattan, Kharg Island is the nerve centre of the …

G7 ministers pledge 'necessary measures' to ensure stable energy market

Mar 30 2026

G7 economy and finance ministers Monday said they stood ready to take "all necessary measures" to ensure the stability …

Air Canada CEO to retire after row over English-only condolence message

Mar 30 2026

Air Canada said Monday that CEO Michael Rousseau will retire later this year, an announcement following controversy over …

G7 ministers tackle economic fallout of Mideast war

Mar 30 2026

G7 ministers and central bank officials gathered Monday to tackle the economic consequences of the war in the Middle …

Renault says developing ground-based military drone

Mar 30 2026

French carmaker Renault said on Monday it was developing a ground-based drone for military and civilian use as Europe …

Oil prices rise, stocks diverge tracking Mideast war developments

Mar 30 2026

Oil prices rose and stock markets diverged Monday as the Middle East crisis escalated with the entry of Houthi rebels …

Iran and Israel trade strikes as US mulls Gulf ground assaults

Mar 30 2026

Israel and Iran exchanged more missile fire Monday as concerns that the United States might escalate the Middle East …

Crude rises, stocks drop as Houthi attacks escalate Iran war

Mar 30 2026

Oil prices rose and most stocks fell Monday as the Middle East crisis escalated with the entry of Houthi rebels into the …

Sheep culls put pressure on Greek feta cheese production

Mar 30 2026

Three months after state vets seized and killed hundreds of his sheep to stamp out an ongoing pox pandemic, Kostas …

Israel strikes Tehran as Trump says Iran deal may be reached 'soon'

Mar 30 2026

Israel said Monday it was striking military targets across Tehran, a day after US President Donald Trump insisted a deal …

G7 ministers set to tackle financial fallout of Mideast war

Mar 30 2026

Ministers from the G7 will hold talks on Monday to unpack the economic consequences of the war in the Middle East, the …

Australia to halve fuel tax in response to Middle East war

Mar 30 2026

Australia will halve a fuel tax to help motorists experiencing soaring petrol prices due to war in the Middle East, …

Crude surges, stocks dive as Houthi attacks escalate Iran war

Mar 30 2026

Oil prices rallied and stocks tumbled again Monday as the Middle East crisis escalated with the entry of Houthi rebels …

Air China resumes flights to North Korea after 6-year pause

Mar 30 2026

Air China restarted direct flights between Beijing and Pyongyang on Monday after a six-year hiatus, another sign …

Philippines oil refinery secures 2.5 mn barrels of Russian crude

Mar 30 2026

The Philippines' sole oil refinery has secured nearly 2.5 million barrels of Russian crude out of "extreme necessity", a …

Trump says Russia can deliver oil to Cuba

Mar 30 2026

US President Donald Trump said Sunday that Moscow could send oil to Cuba despite Washington's de facto fuel blockade, as …

Russian tanker heads to Cuba despite US oil blockade

Mar 29 2026

A Russian oil tanker under US sanctions is due to arrive in Cuba by Tuesday despite a de facto American fuel blockade of …

Two more arrests over attempted attack on US bank HQ in Paris

Mar 29 2026

Police have arrested two more people over an apparent bid to explode a homemade device outside the Paris branch of the …

High hopes at China's gateway to North Korea as trains resume

Mar 29 2026

Now retired, Wang Meili wants to see the world -- including North Korea, the reclusive nation that lies across the river …

Five Apple anecdotes as iPhone maker marks 50 years

Mar 29 2026

iPhone maker Apple celebrates its 50th anniversary on April 1 having marked pop culture and the tech industry like few …

Ship insurers juggle war risks for perilous Gulf route

Mar 29 2026

Iranian forces' threat to ships in the crucial Strait of Hormuz has driven up payments for the insurance that underpins …

Helplines buzz with alerts from seafarers trapped in war

Mar 29 2026

Seafarers' helplines say they are overwhelmed with messages from crews stuck in the Gulf by the Middle East war, …

Indian tile makers feel heat of Mideast war energy crunch

Mar 29 2026

Blazing-hot kilns in India's $6.5 billion ceramics manufacturing hub employing hundreds of thousands of people have gone …

At 50, Apple confronts its next big challenge: AI

Mar 29 2026

Apple celebrates its 50th anniversary as artificial intelligence challenges the Silicon Valley legend to prove it can …

French police foil Paris bomb attack outside US bank

Mar 28 2026

French police stopped an apparent bomb attack outside a US bank in Paris early Saturday when they arrested a person …

Sweet heist? Nestle says 12 tonnes of KitKat stolen

Mar 28 2026

A huge shipment of Nestle's crunchy KitKat chocolate bars was stolen in Europe, the brand said, warning that the heist …

Attacks across Middle East as Iran war enters second month

Mar 28 2026

Gulf countries and Israel came under missile fire and Israeli forces struck Iran on Saturday, as the war raged into its …

Sequins, slogans, conspiracies: Inside the right-wing culture at CPAC

Mar 28 2026

The US Conservative Political Action Conference has become as much a cultural marketplace as a political gathering, with …

US envoy predicts Iran talks as war enters second month

Mar 28 2026

US President Donald Trump's special envoy Steve Witkoff said Friday he believes Iran will hold talks with Washington …

US envoy hopeful on Iran talks as strikes target nuclear facilities

Mar 27 2026

US President Donald Trump's special envoy Steve Witkoff said Friday he believes Iran will hold talks with Washington …

Uncertainty over war-induced oil crisis dominates key energy summit

Mar 27 2026

The world's largest energy conference wrapped up in Houston on Friday with the crisis caused by the US-Israel war on …

Oil climbs, stocks fall as markets see no end to war

Mar 27 2026

Oil prices rose and stocks fell Friday as the United States and Israel struck Iranian nuclear sites, denting optimism …

Fishy trades before major news spark insider trading allegations

Mar 27 2026

Unusual bursts of trading on the oil and stock markets this week, just minutes before social media posts on the Iran war …

WTO reform talks coming to the crunch

Mar 27 2026

The ambassador facilitating talks on reforming the World Trade Organization voiced cautious optimism Friday on prospects …

At 'Davos of energy', AI looks to gas to power its rapid expansion

Mar 27 2026

Natural gas took center stage this week at the world's largest energy conference, as major market players discussed how …