Business and Economy



Air travel disrupted over Airbus A320 software switch

AFP - 1h ago

More airlines around the world announced delayed or cancelled flights Saturday following an Airbus alert that up to …

How successful has OPEC+'s oil output policy been in 2025?

AFP - 3h ago

Ministers of the Organization of the Petroleum Exporting Countries and allied nations (OPEC+) are unlikely to make …

Air travel faces disruptions over A320 software switch

Nov 28 2025

Several airlines announced delayed or cancelled flights on Friday following an Airbus alert that up to 6,000 operational …

Stocks rise in thin post-Thanksgiving trading

Nov 28 2025

Global stocks mostly rose Friday, extending a positive winning streak based in part on expectations that the Federal …

Crowds, bargains greet US shoppers on 'Black Friday'

Nov 28 2025

The annual "Black Friday" kickoff to the US holiday shopping season drew crowds Friday as millions of Americans seized …

Canada PM under fire for alleged climate U-turn

Nov 28 2025

Critics accuse Canadian Prime Minister Mark Carney of betraying the fight against climate change.

Stocks rise in thin Thanksgiving trading

Nov 28 2025

Wall Street and key European equity markets rose on Friday in thin US holiday weekend trading, with a key US exchange …

Belgian PM digs in against EU push to use Russian assets for Ukraine

Nov 28 2025

Belgium's Prime Minister Bart De Wever has called an EU plan to use frozen Russian assets to fund Ukraine "fundamentally …

Markets muted in thin trade, hit by data centre glitch

Nov 28 2025

Stock markets were little changed Friday, capping a solid week driven by expectations of more US rate cuts, with trading …

Driven by TikTok trends, new beauty brands target children

Nov 28 2025

Should children be using beauty face masks? Dermatologists say no, but a growing number of companies are targeting a new …

India economic growth beats forecasts but tariffs loom

Nov 28 2025

India's economy grew faster than expected in the last quarter, official data showed Friday, but the impact from US …

Most equity markets build on week's rally

Nov 28 2025

Most markets squeezed out gains Friday at the end of a strong week for equities fuelled by growing expectations that the …

Most Asian markets build on week's rally

Nov 28 2025

Most markets squeezed out gains Friday at the end of a strong week for equities fuelled by growing expectations that the …

China says humanoid robot buzz carries bubble risk

Nov 28 2025

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing …

Asian markets struggle to build on week's rally

Nov 28 2025

Markets fluctuated Friday at the end of a strong week for equities fuelled by growing expectations that the Federal …

China, inflation could pop Japan PM's bubble

Nov 28 2025

Charming Donald Trump one week, angering China the next, Japan's Prime Minister Sanae Takaichi has had a busy start and …

Trump says Venezuela anti-drug operations 'by land' to begin 'soon'

Nov 28 2025

US President Donald Trump said Thursday that efforts to halt Venezuelan drug trafficking "by land" would begin "very …

Government groceries? NY's new leftist mayor eyes supermarket experiment

Nov 28 2025

New Yorkers struggling to afford food in the country's biggest city -- and often exorbitantly expensive financial …

Venezuela foreign airline ban slammed as 'disproportionate'

Nov 27 2025

Venezuela's decision to ban foreign airlines that stopped flying to the Caribbean country over concerns about US …

Carney advances new Canada oil pipeline, raising climate concerns

Nov 27 2025

Canadian Prime Minister Mark Carney signed an agreement Thursday with the western energy-producing province of Alberta …

Europe secures record space budget to boost independence

Nov 27 2025

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes …

European stocks steady as US shuts for Thanksgiving

Nov 27 2025

European stock markets steadied Thursday after solid gains in Asia, as markets increasingly expect the US Federal …

Europe secures record space budget to boost indepedence

Nov 27 2025

The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes …

Swiss MPs seek probe into lavish Trump gifts after tariff deal

Nov 27 2025

Two Swiss lawmakers have asked the country's attorney general to probe the legality of gifts reportedly given to US …

Beer giant Asahi not engaging with hackers after cyberattack

Nov 27 2025

Japanese beer giant Asahi said on Thursday it had not received any specific demand from the hackers behind a …

EU could hit X with fine before 2025 ends

Nov 27 2025

The European Union could fine Elon Musk's X platform for breaking its digital rules by the end of 2025 -- two years into …

Most Asian markets track latest Wall St rally as rate bets rise

Nov 27 2025

Most Asian markets rose Thursday to extend the week's global rally as traders ramp up bets on a third successive US …

South Africa slams Trump's G20 ban as punitive

Nov 27 2025

South Africa denounced US President Donald Trump's decision to bar it from the 2026 G20 summit, calling the move …

Asian stocks track latest Wall St rally as rate bets rise

Nov 27 2025

Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US …

High-flying tech hits potholes in India's Silicon Valley

Nov 27 2025

In India's tech capital Bengaluru, the morning "rush hour" lasts so long it devours half the workday, throttling …

Beer giant Asahi not engaging with ransomware hackers

Nov 27 2025

Japanese beer giant Asahi said Thursday it was not negotiating with the hackers behind a "sophisticated and cunning" …

Japan beer giant Asahi delays earnings due to cyberattack

Nov 27 2025

Japanese beer giant Asahi said Thursday it has delayed the release of full-year financial results due to a major ongoing …

US stocks rise for 3rd straight day while British pound advances

Nov 26 2025

Global stocks mostly rose Wednesday, with Wall Street equities gaining on hopes of lower interest rates, while the …

Climate change 'increasingly threatens' dynamic Spanish economy: OECD

Nov 26 2025

The consequences of climate change such as last year's deadly floods "increasingly threaten" the growth of Spain's …

Campbell's responds to 'absurd' charge it uses 3D-printed chicken

Nov 26 2025

Food giant Campbell's has dismissed as "absurd" claims allegedly made by a senior executive, who has since been placed …

US farmers, firms flag higher costs even as Trump touts affordability

Nov 26 2025

As biting prices weigh on families heading into the US holiday season, farmers and business owners say President Donald …

UK allows new oil, gas drilling in existing North Sea fields

Nov 26 2025

Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea …

UK tax-raising budget pleases markets despite growth downgrades

Nov 26 2025

Britain's government unveiled a tax-raising budget Wednesday welcomed by financial markets, as its hard-hitting action …

Stocks extend gains on US rate cut hopes

Nov 26 2025

Global stocks pushed higher on Wednesday as investors saw an increasing likelihood of another US interest rate cut next …

Insurance giant Allianz signals job cuts in AI shift

Nov 26 2025

German insurance giant Allianz signalled Wednesday looming job cuts due to its adoption of artificial intelligence with …

Swedish steel startup Stegra gets more state aid

Nov 26 2025

The Swedish Energy Agency said Wednesday it was giving some $40 million in support to low-carbon steelmaker Stegra, amid …

Swedish steel startup Stegra gets state aid

Nov 26 2025

The Swedish Energy Agency said Wednesday it was giving some $40 million in support to low-carbon steelmaker Stegra, amid …

Shein under EU pressure over childlike sex dolls

Nov 26 2025

The European Union stepped up its pressure on Shein on Wednesday after the online retail giant faced an uproar in France …

UK unveils tax-raising budget as growth downgraded

Nov 26 2025

Britain's centre-left Labour government unveiled a tax-raising budget Wednesday to curb debt and fund public services -- …

Hungary boosts oil shipments to Serbia as energy crisis looms

Nov 26 2025

Hungary will deliver more oil products to Serbia, its foreign minister said Wednesday, ahead of a shutdown of the Balkan …

EU lawmakers call to make it easier to suspend shopping platforms like Shein

Nov 26 2025

EU lawmakers on Wednesday called to make it easier to suspend e-commerce platforms, following outrage in France over the …

Richard Branson 'heartbroken' as his wife dies aged 80

Nov 26 2025

British entrepreneur Richard Branson paid tribute Wednesday to his wife Joan Templeman shortly after announcing her …

ECB warns on stretched AI valuations and sovereign debt risks

Nov 26 2025

Heightened market exuberance around artificial intelligence and eye-popping levels of government debt could pose risks …

IMF urges Germany to enact 'pro-growth' reforms

Nov 26 2025

The International Monetary Fund said Wednesday that Germany's public spending ramp-up must be accompanied by …

Stocks extend global rally as data boost rate cut hopes

Nov 26 2025

Asia and Europe extended a global equities rally Wednesday after another round of tepid US data reinforced expectations …

Asian stocks extend global rally as data boost rate cut hopes

Nov 26 2025

Asia extended a global equities rally Wednesday after another round of tepid US data reinforced expectations that the …

China likely to bid on building new Panama Canal ports

Nov 26 2025

China is among parties interested in bidding to build two new ports on the Panama Canal, its administrator said Tuesday, …

Pele's brand acquired by family business of Neymar Jr.

Nov 26 2025

Iconic footballer Pele's brand came under the ownership of another prominent Brazilian athlete, Neymar Santos Jr., after …

The AI boom hits a crossroads in 2026

Nov 26 2025

After three years of breakneck growth and soaring valuations, the AI industry enters 2026 with some of the euphoria …

How China leveraged its rare earths dominance over the US

Nov 26 2025

China's stranglehold on the rare earths industry -- from natural reserves and mining through processing and innovation …

UK to unveil tax-raising budget

Nov 26 2025

Britain's centre-left Labour government is set to unveil a tax-raising budget Wednesday to curb debt and fund public …

US stocks extend rally on rate cut hopes

Nov 25 2025

Wall Street stocks shrugged off early weakness Tuesday and joined European bourses in rising on continued hopes the …

EU, Africa pledge to boost trade, tackle migration at summit

Nov 25 2025

European and African leaders committed to strengthening trade and better tackling irregular migration Tuesday, at the …

Rate cut hopes underpin global stocks but tech weakness weighs

Nov 25 2025

Stock markets on both sides of the Atlantic posted moderate gains Tuesday on Fed rate cut speculation, but tech sector …

US retail sales lose steam, consumer confidence falls as costs bite

Nov 25 2025

US retail sales lost momentum in September and firms grappled with an uptick in business costs, government data showed …

Serbia's sole refinery faces shutdown after US sanctions

Nov 25 2025

Serbia's only oil refinery prepared to shut down on Tuesday, as the country's president set a deadline for the firm's …

EU gives Germany free pass over defence spending

Nov 25 2025

Germany will escape EU punishment for breaking the bloc's budget rules because of a defence spending exemption, the …

US retail sales miss expectations as consumers see higher costs

Nov 25 2025

US retail sales grew at a slower pace than anticipated in September, government data showed Tuesday, as higher prices …

Wall Street leads European equities higher as rate cut hopes rise

Nov 25 2025

A solid opening for New York equities underpinned European stocks Tuesday as the tech sector extended a strong run and a …

EU says must 'step up' against China rare earths 'racket'

Nov 25 2025

The European Union must ramp up efforts to break its dependence on China for rare earths faced with export curbs that …

Kyrgyzstan arrests Chinese CEO of gold mining firm

Nov 25 2025

Kyrgyzstan said Tuesday it had arrested the Chinese CEO of a gold mining firm accused of causing "large-scale" …

EU, Africa talks hone in on closer ties in Angola

Nov 25 2025

European leaders sought to put some meat on the bones of pledges to boost ties with Africa on Tuesday as an Angola …

Stocks diverge tracking Fed rates outlook, tech rebound

Nov 25 2025

European and Asian stock markets mostly rose Tuesday following a tech-led rally on Wall Street that soothed fears of an …

NGO links major chocolate brands to Liberia deforestation

Nov 25 2025

Some of the world's best-known chocolate, from Mars to KitKat, is likely linked to deforestation in Liberia's rainforest …

Stock markets advance as odds for another Fed rate cut grow

Nov 25 2025

Investors on Tuesday welcomed more dovish comments from Federal Reserve officials reinforcing hopes it will cut interest …

Asia markets advance as odds for another Fed rate cut grow

Nov 25 2025

Asian investors on Tuesday welcomed more dovish comments from Federal Reserve officials reinforcing hopes it will cut …

UK hoping budget eases pressure of high energy bills

Nov 25 2025

Pub landlord James Fitzgerald will wait a while longer to switch on the outside Christmas lights at the Thatched House …

Mexican farmer protest blocks US border bridge

Nov 25 2025

Hundreds of farmworkers and truck drivers blocked the Mexican side of a major border bridge with the United States on …

US stocks rise again on AI rebound, revived Fed rate-cut hopes

Nov 25 2025

Wall Street stocks rallied Monday, extending a rebound as fresh hopes for a US interest-rate cut boosted sentiment after …

BBC launches hunt for new boss as Trump row rumbles on

Nov 25 2025

The BBC on Monday formally launched its search for a new chief following the resignation of Tim Davie over a misleading …

Stocks up as US rate hopes soothe nerves

Nov 24 2025

Global stock markets and the dollar mostly firmed Monday as fresh hopes for a US interest-rate cut provided calm after …

Italian fashion titan Zegna to hand over power

Nov 24 2025

Gildo Zegna, grandson of the eponymous fashion brand's founder Ermenegildo Zegna, will hand over the reins of the group …

AI delay may affect Europe's future, says ECB chief

Nov 24 2025

European Central Bank chief Christine Lagarde warned Monday that a delay in embracing artificial intelligence could …

Stocks rise as US rate hopes soothe nerves

Nov 24 2025

Global stock markets and the dollar mostly firmed Monday as fresh hopes for a US interest-rate cut provided some calm …

UK budget tests Labour govt's credibility

Nov 24 2025

Britain's centre-left Labour government unveils its annual budget Wednesday, with expected tax rises to curb debt and …

Germany business morale falls as hopes for revival dim

Nov 24 2025

German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is …

EU says will push US to lower steel tariffs

Nov 24 2025

The EU will Monday urge the United States to implement more of the transatlantic trade deal struck in July, including …

Belgium hit by three-day national strike

Nov 24 2025

Belgium steeled itself for closed schools and disrupted train and air travel as three days of strikes kicked off Monday …

Rhino horn sales, shark protection on wildlife talks agenda

Nov 24 2025

Global wildlife talks opened Monday, with votes expected on increased shark protection, a bid to allow limited rhino …

Stocks rise as US rate hopes soothe nerves after torrid week

Nov 24 2025

Stock markets in Asia and Europe rose Monday as fresh hopes for a US interest rate cut provided some calm after last …

Asian stocks rise as US rate hopes soothe nerves after torrid week

Nov 24 2025

Asian markets rose Monday as fresh hopes for a US interest rate cut provided some calm after last week's rollercoaster …

Belgium prepares for three days of national strikes

Nov 24 2025

Belgium faces closed schools and disrupted train and air travel as unions call for three days of strikes starting Monday …

Rising from the ashes: Mogadishu's building boom

Nov 24 2025

Mogadishu is rising, literally, from the ashes of decades of war. Pavements remain scarred by bullet holes and ruined …

EU, Africa leaders to talk trade and minerals, as Ukraine looms large

Nov 24 2025

European and African leaders gather in Angola Monday for a summit aimed at deepening economic and security ties that …

Despite doubts over economy, Americans set for record holiday spending

Nov 24 2025

Americans are expected to spend a record amount over the holiday season, despite lingering worries in the world's …

Australian mining giant BHP drops Anglo American takeover bid

Nov 24 2025

Australian resources giant BHP said Monday it had dropped a bid to take over British rival Anglo American that would …

Tomorrowland bets on Chinese dance music fans with first indoor event

Nov 23 2025

"Are you ready Shanghai?!" screamed the DJ, his glowing booth nestled at the heart of a huge intricate structure of …

Amazon climate deal a 'win' for global unity but fossil fuels untouched

Nov 23 2025

Nations sealed a modest agreement at the UN climate summit in the Brazilian Amazon on Saturday as many countries …

Amazon summit seals climate deal without fossil fuel plan

Nov 22 2025

Nations sealed a modest deal at the UN climate summit in the Amazon Saturday, as Europe and others dropped their demands …

S.Africa G20 declaration highlights: minerals, debt, climate

Nov 22 2025

Leaders from the G20 group of top economies endorsed Saturday a declaration at a summit in South Africa that highlights …

UN climate summit nears end as EU accepts watered-down deal

Nov 22 2025

Nations neared a deal at the UN climate summit Saturday after the EU accepted a text with only an implicit nod to …

G20 threatened by geopolitical fractures, leaders warn

Nov 22 2025

The G20's role in fixing economic crises is threatened by geopolitical fractures, leaders warned Saturday at a summit in …

UN climate talks deadlocked as EU pushes fossil-fuel phaseout

Nov 22 2025

The UN's COP30 climate talks spilled into overtime on Saturday, with the European Union in a standoff with oil producers …

Western rift over Ukraine and Trump absence mar G20 summit

Nov 22 2025

A US-European rift over the future of Ukraine threatened to overshadow a G20 summit that started in South Africa on …

Fossil fuel fight threatens to sink COP30 as negotiations run into overtime

Nov 22 2025

Negotiations at COP30 climate talks in Brazil ran into overtime on Saturday with no agreement struck and delegates still …

Japan businesses brush off worries over China tourists

Nov 22 2025

Shiina Ito has had fewer Chinese customers at her Tokyo jewellery shop since Beijing issued a travel warning in the wake …

Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft

Nov 22 2025

The clock was ticking down on the slated final day of UN climate talks in Brazil Friday where a bitter fight over …