Business and Economy



Global powers head to Asia with trade, AI, security in focus

AFP - 12h ago

Global leaders are set to descend on Asia for a series of high-stakes meetings that will tackle everything from AI to …

Asian stocks extend gains but traders keep eye on Nvidia crisis

AFP - 12h ago

Asian stocks rose Thursday to extend a global tech-led rally, though investors kept a nervous eye on Nvidia as …

Protesters clash with police in Spain after huge housing cost rallies

AFP - 12h ago

Police fired tear gas as sporadic clashes broke out in Madrid and Barcelona on Wednesday after huge protests across …

Grand Theft Auto Online: top video game's roleplay cash cow

AFP - 12h ago

One of the world's best-selling video games, "Grand Theft Auto V" owes much of its staying power to its online …

Nvidia preparing to oust CEO Jensen Huang: US media

AFP - 2h ago

Nvidia's board is preparing to oust its co-founder and CEO Jensen Huang, US media reported Wednesday, as the chip …

General strike over housing brings out hundreds of thousands in Spain

Nov 11 2026

Hundreds of thousands of protesters marched across Spain on Wednesday during a general strike over housing affordability …

Tech bounce lifts global stocks as dollar gains

Nov 11 2026

Stock markets rose Wednesday on renewed optimism over AI following strong results from data center operator CoreWeave, …

General strike over housing brings out tens of thousands in Spain

Nov 11 2026

Tens of thousands of protesters marched across Spain on Wednesday during a general strike over housing affordability and …

Tech bounce puts spring in stock markets

Nov 11 2026

Stock markets rose Wednesday as renewed optimism over the AI trade overshadowed forecast-topping US inflation data and …

Many AI companies will adopt advertising: Criteo CEO

Nov 11 2026

Many AI platforms will end up eventually adopting advertising, the chief executive of the online advertising agency …

Germany must rein in debt-fuelled defence spending: experts

Nov 11 2026

Germany must rein in a massive borrowing binge that is financing an overhaul of the military, otherwise it risks a surge …

Germany to create strategic gas reserve to guard against emergencies

Nov 11 2026

The German government on Wednesday approved a draft bill to create a strategic gas reserve intended to secure the …

General strike over housing hits Spain ahead of election

Nov 11 2026

Thousands of Spaniards left their workplaces and hit the streets on Wednesday as a general strike sought to crank up …

France 2026 growth forecast cut to 0.2% by Moody's

Nov 11 2026

Credit rating agency Moody's has halved its full-year GDP growth forecast for France to 0.2 percent, two weeks after …

Influencers, AI, addiction: EU looks to protect consumers online

Nov 11 2026

The European Union on Wednesday put forward new rules to crack down on influencer marketing, ban online features that …

Stock markets rise as tech bounces

Nov 11 2026

Stock markets rose Wednesday as renewed optimism over the AI trade overshadowed forecast-topping US inflation data and …

Cathay Pacific orders 11 Airbus aircraft with $5.1 bn list price

Nov 11 2026

Cathay Pacific has ordered 11 more Airbus jets with a list price of $5.1 billion, the Hong Kong airline said Wednesday.

Asian stocks fluctuate as US rate worries temper tech bounce

Nov 11 2026

Most Asian stocks rose Wednesday on renewed optimism over the AI trade, while traders appeared to take in stride …

US judge rejects BBC bid to dismiss Trump defamation suit

Nov 11 2026

A federal judge has allowed US President Donald Trump's multibillion-dollar defamation suit against the BBC to proceed, …

Cathay Pacific orders 11 Airbus aircraft for $5.1 bn

Nov 11 2026

Cathay Pacific has ordered 11 more Airbus jets in a deal worth $5.1 billion, the Hong Kong airline said Wednesday.

Cathay Pacific to buy 11 Airbus aircraft for US$5.1 bn

Nov 11 2026

Hong Kong airline Cathay Pacific said Wednesday it has ordered 11 more Airbus jets in a deal worth US$5.1 billion.

EU to make addictive app features easier to switch off

Nov 11 2026

The European Union will on Wednesday unveil new rules to crack down on influencer marketing, ban online features that …

Many AI companies will adopt advertising: ad chief Criteo

Nov 11 2026

Many AI platforms will end up eventually adopting advertising, the head of the online advertising agency Criteo told AFP …

Venezuela opens electricity sector to private investment

Nov 11 2026

Venezuela's legislature on Tuesday approved a US-backed reform to open the country's faltering electricity sector to …

Mideast crisis fuels crude conflict in Myanmar civil war

Nov 11 2026

Myanmar's small-scale oil prospectors are under fire from all sides as rebels and the military battle to capture a …

Nvidia CEO affair revives push for tougher US line on China

Nov 11 2026

The scandal engulfing Nvidia chief executive Jensen Huang could have its biggest consequences in Washington, where China …

After fridge hacks, home appliances could be next, warns EU cyber chief

Nov 11 2026

After recent attacks on supermarket fridges, home appliances could be next, the EU's cyber chief told AFP on Tuesday, as …

US stocks fall on hot inflation report as Nvidia tumbles again

Nov 10 2026

Wall Street stocks retreated Tuesday, with scandal-hit Nvidia notably tumbling again, while the dollar gained after a …

US inflation slows less than expected, lifting rate hike odds

Nov 10 2026

US inflation data released Tuesday slowed slightly in October but still overshot analyst estimates, raising expectations …

Stocks mixed as investors eye AI outlook; oil drops

Nov 10 2026

Asian and European stocks mostly gained while Wall Street slipped Tuesday after rallying from last week's tech-led rout, …

French far right secures tentative support from two European banks for presidential bid

Nov 10 2026

France's far-right party has reached a preliminary agreement with two European banks for a 10.6-million-euro loan for …

Five things to know about Anthropic

Nov 10 2026

Founded five years ago by a breakaway group from OpenAI, Anthropic is now preparing a stock market listing that will be …

Anthropic targets valuation of up to $1.4 trillion

Nov 10 2026

Anthropic plans to raise up to $64 billion in its upcoming initial public offering, the artificial intelligence giant …

France vows tough response to freezer cyberattack blamed on Iran

Nov 10 2026

France's foreign minister said Tuesday that Paris ruled out "nothing" to respond to a major cyberattack on hundreds of …

Germany's Isar Aerospace eyes overtaking Elon Musk's SpaceX

Nov 10 2026

The head of Germany's Isar Aerospace voiced hope Tuesday that the company could one day overtake Elon Musk's SpaceX to …

Stock markets climb as oil prices slide

Nov 10 2026

European and Asian stock markets rose Tuesday following a tech-led recovery on Wall Street, while oil prices slid on …

El Nino could cut I.Coast cocoa production by up to a quarter

Nov 10 2026

Cocoa production in Ivory Coast, the world's leading producer, could fall by up to a quarter due to the exceptionally …

China touts tech, AI cred at world Web Summit

Nov 10 2026

China is flexing its technological muscles at the global Web Summit in Lisbon from Tuesday, showcasing dancing robots …

Nvidia and Huang face class-action lawsuit over affair

Nov 10 2026

Tech titan Jensen Huang faced fresh turmoil on Tuesday as shareholders sued him and his firm for allegedly misleading …

Germany's Infineon says AI data centre buildout won't slow

Nov 10 2026

Chip giant Infineon said Tuesday that the rapid buildout of AI data centres would not slow down despite growing …

Tech leads stock rally as traders track Wall St rebound

Nov 10 2026

Stocks rallied Tuesday to extend a Wall Street surge led by technology firms as investors took advantage of lower prices …

Tech leads Asian stock rally as traders track Wall St rebound

Nov 10 2026

Asian stocks rallied Tuesday to extend a Wall Street surge led by technology firms as investors took advantage of lower …

California billionaire tax defeated: US media projection

Nov 10 2026

California voters have rejected a one-time tax on billionaires, US media projected on Monday, despite growing anger over …

Home of ousted Paraguayan president raided in probe of bank collapse

Nov 10 2026

Paraguayan prosecutors raided the home of the ousted president on Monday and sought international assistance to trace …

Australia to adopt 'mandatory' AI safeguards

Nov 10 2026

Artificial intelligence companies will have to abide by new "mandatory" safeguards when operating in Australia, Prime …

Qantas to cut 850 jobs as it rushes to keep pace with AI

Nov 10 2026

Australian airline Qantas said Tuesday it will cut 850 jobs as it shifts some corporate functions to India and …

Nvidia shares slide as board probes CEO over China spy reports

Nov 09 2026

AI chip behemoth Nvidia was plunged into turmoil Monday after CEO Jensen Huang acknowledged having an affair, with …

Crisis-hit Paraguay asks for help to recover missing Ueno funds

Nov 09 2026

Money trickled back to some Paraguayans hit by a sprawling banking crisis Monday, while their newly appointed president …

Rainfall allows Panama Canal, hit by El Nino, to increase traffic

Nov 09 2026

Panama Canal authorities announced increased traffic limits on Monday after reducing the number of vessels allowed to …

Nvidia plunges but tech shares rebound, oil prices slump

Nov 09 2026

Technology shares bounced back on Monday after last week's sharp losses, despite a plunge in Nvidia following a probe …

Anger as 17 killed in Turkey steel factory blast

Nov 09 2026

An explosion ripped through a steel plant in western Turkey on Monday, killing 17 people, with President Recep Tayyip …

What we know about the Nvidia CEO spy scandal

Nov 09 2026

Nvidia chief Jensen Huang, whose chips power the global AI boom and who has the ear of President Donald Trump, has …

Nvidia's Huang scandal rattles AI industry built around him

Nov 09 2026

Nvidia chief Jensen Huang sits at the center of the artificial intelligence boom, and the spy scandal that erupted over …

Turkey steel factory blast kills 16, probe launched

Nov 09 2026

An explosion ripped through a steel plant in western Turkey on Monday, killing 16 people and injuring 13, President …

EU to crack down on influencer marketing

Nov 09 2026

The EU will clamp down on influencer marketing and ban online features that trick Europeans under plans to overhaul the …

Nvidia opens probe into Huang amid reports China spied on him

Nov 09 2026

AI chip behemoth Nvidia was plunged into turmoil Monday after its high-profile CEO Jensen Huang acknowledged having an …

Tech stocks claw back some losses despite Nvidia concerns

Nov 09 2026

Technology share prices clawed back Monday some of last week's sharp losses, though gains were tempered by a probe into …

Chinese media, public decry Nvidia boss allegations

Nov 09 2026

Global headlines spotlighting Nvidia chief Jensen Huang's affair with a woman alleged to be a Chinese spy have sparked …

German exports rise more than expected in September

Nov 09 2026

German exports rose more than expected in September on strong demand from other European countries, official data showed …

Tech firms claw back some losses after midterms rout, eyes on Nvidia

Nov 09 2026

Tech firms clawed back some of last week's losses on Monday fuelled by AI regulation worries, though gains were tempered …

South Korea's Coupang, Woowa Brothers hit with huge antitrust fines

Nov 09 2026

South Korea's regulators fined ecommerce giant Coupang more than $200 million Monday for anticompetitive practices in …

Under fire over AI, effective altruism wants to tell its own story

Nov 09 2026

The effective altruism movement, which has close ties to the AI community and the companies leading the artificial …

Five things to know about 'Grand Theft Auto'

Nov 09 2026

The video game that launched 1,000 controversies and made billions of dollars for its studio is back -- "Grand Theft …

Nvidia announces probe into Huang amid reports China spied on him

Nov 08 2026

Chip giant Nvidia's board announced Sunday it opened a probe into Chief Executive and co-founder Jensen Huang after he …

'Godzilla Minus Zero' stomps to the top of N. America box office

Nov 08 2026

Japan's "Godzilla Minus Zero" roared to first place in the North American box office over the weekend, industry …

Electric auto rickshaws reshape India's roads

Nov 08 2026

Every 90 seconds, an electric three-wheeler rolls off the production line at an Indian factory, underscoring a …

'Feeling guilty': price hikes a tough sell in Japan despite inflation

Nov 08 2026

When Japan's "symbol of affordability" Uniqlo decided to increase the price of its basic socks last month, it sparked a …

Airlines bet that more premium offerings will boost profits

Nov 08 2026

Airlines are installing deluxe seats, enlisting Michelin-star chefs for luxury menu offerings and designing elite …

France probes if bomb threats against airlines linked to 'foreign powers'

Nov 07 2026

French prosecutors have opened a probe into bogus bomb threats targeting dozens of commercial flights in Europe over the …

Just like cars, Chinese motorcycles out to conquer Europe

Nov 07 2026

Just as with electric cars, Chinese motorcycle brands are roaring into European markets, with high-performance, …

Crisis-hit Paraguay impeaches Pena, replaces him with VP Alliana

Nov 07 2026

Pedro Alliana became president of Paraguay on Friday following the impeachment of his predecessor over a massive banking …

Musk's futuristic Cybertruck rolls toward exit

Nov 06 2026

Production of Cybertrucks -- the pickups hailed by enthusiasts as a symbol of Elon Musk's futuristic ambitions and …

Paraguayan President Pena impeached over banking crisis

Nov 06 2026

Paraguayan Senators on Friday voted to impeach President Santiago Pena over the collapse of a major bank that locked …

Tech stocks stage partial rebound while dollar gains after US jobs data

Nov 06 2026

Tech shares rose Friday, recovering a fraction of losses from the prior session's rout as the dollar rallied after …

Turkey eyes energy self-sufficiency by 2040 but no coal exit yet

Nov 06 2026

Poised to host the COP31 climate summit, Turkey has unveiled an ambitious $500 billion roadmap for electrifying its …

Paraguay president's impeachment trial begins

Nov 06 2026

Senators opened an impeachment trial against Paraguay's president Friday after the collapse of a major bank locked …

COP31 faces tough test as climate threats mount

Nov 06 2026

Nearly 200 nations gather for the COP31 summit in Turkey on Monday but tensions over geopolitics, finance and fossil …

Paraguay Senate begins president impeachment trial

Nov 06 2026

The impeachment trial of Paraguay's President Santiago Pena began Friday in the Senate, three days after the implosion …

Tech stocks bounce but fail to recover losses

Nov 06 2026

Tech stocks bounced on Wall Street Friday but failed to fully recover from the previous day's rout on fears that the …

More than 400,000 German workers take action for higher pay

Nov 06 2026

More than 400,000 workers from sectors ranging from car-making to mechanical engineering joined strikes and rallies …

Ireland suspects 'co-ordinated' campaign as Europe bomb hoaxes widen

Nov 06 2026

Ireland's government said Friday that hoax bomb claims sent to Irish media outlets amid a spate of threats against …

US job growth beats expectations in October

Nov 06 2026

Employment in the United States grew by 165,000 jobs in October, far exceeding analysts' expectations, with the …

Paraguay Senate rejects bid to delay president impeachment trial

Nov 06 2026

Paraguay's Senate on Friday rejected President Santiago Pena's bid to delay his impeachment trial over a banking scandal …

An AI reckoning? Investors brace for potential fallout

Nov 06 2026

"Correction" is not the word investors want to hear, but the stampede out of AI and technology stocks this week has …

'Pit of hell': Turkish mum, daughter lead fight against coal mine

Nov 06 2026

Near her village in southwestern Turkey, Nejla Isik walks through what remains of the devastated Akbelen forest, pausing …

Paraguay president, facing impeachment, seeks more time to prep defense

Nov 06 2026

Paraguayan President Santiago Pena, who is facing impeachment proceedings following a banking scandal that has affected …

Ikea banks on price cuts, more city centre stores after lacklustre year: CEO to AFP

Nov 06 2026

Ikea, the world's biggest furniture retailer, saw profits fall in its latest financial year but is counting on price …

EU tells TikTok to change 'harmful' For You feed

Nov 06 2026

The EU told TikTok on Friday to change the "harmful" design of its personalised For You feed or risk large fines under …

US job growth tops expectations in October

Nov 06 2026

Employment in the United States grew by 165,000 jobs in October, far exceeding analysts' expectations, with the …

EU investigating fraud in Spain's deadly crash rail line

Nov 06 2026

The European Union is investigating the possible misuse of EU funds earmarked for the renovation of a Spanish railway …

Turkey ex-minister arrested in fund scandal probe

Nov 06 2026

A Turkish former minister and senior ruling party official was placed in detention pending trial on Friday as part of an …

Tech stocks suffer bloodbath as US midterms fuel AI fears

Nov 06 2026

Technology shares plunged Friday after an unnerving rout on Wall Street as fears grew that Democrats would accelerate a …

Balenciaga taps British designer Martine Rose as creative lead

Nov 06 2026

French luxury group Kering said Friday that British designer Martine Rose would take over at Balenciaga, following the …

Auto sector propels growth in German factory output

Nov 06 2026

A rebound in car production gave German factory output a bigger boost than expected in September, official data showed …

Tech firms suffer bloodbath as US midterms fuel AI fears

Nov 06 2026

Tech firms suffered a bloodbath Friday as investors tracked a collapse on Wall Street fuelled by fears that Democrats …

Beijing seeks to bolster AI shares

Nov 06 2026

After recent sharp drops for some Chinese tech stocks, Beijing is trying to prop them up -- seeing the sector, and in …

Paraguay president steps down as banking crisis sows chaos

Nov 06 2026

A banking scandal that left almost half Paraguay's population without access to their savings prompted President …

Tokyo demands Moscow release seized Japan Tobacco assets

Nov 06 2026

Tokyo said Friday it had demanded the immediate release of Japan Tobacco's assets seized in Russia, as relations with …

German carmakers hit a dead end as China drives past

Nov 06 2026

After decades of making bumper profits in China, Germany's carmakers have run out of road and sales have slumped …

'Grand Theft Auto' set for blockbuster return after 13 years

Nov 06 2026

Fans of the violent "Grand Theft Auto" video game franchise are just two weeks away from getting their hands on the …

Canada budget vows to reduce reliance on US

Nov 05 2026

Canada unveiled a budget on Thursday that calls for "economic independence" and says that while reducing its reliance on …

Silicon Valley faces Democratic reckoning after betting on Trump

Nov 05 2026

Silicon Valley bosses who spent two years cozying up to US President Donald Trump now face a Democratic Congress already …