Business and Tech

Marriott says hack was smaller but hit 5.25 mn passports

AFP - Jan 04 2019

Marriott disclosed Friday that fewer guests than originally thought were affected by a massive computer hacking attack …

Stellar US jobs data sends stocks rocketing

AFP - Jan 04 2019

Stock markets rebounded Friday as data showed a whopping 312,000 jobs created in the US last month, at least temporarily …

Huawei raps staff for sending New Year tweet via iPhone

AFP - 12m ago

Chinese telecom giant Huawei has punished two employees for posting a New Year greeting on the company's official …

US job creation vaults higher in December

AFP - Jan 04 2019

US job creation rocketed higher last month, a jolt of unexpected good news for President Donald Trump as his economic …

Poland accuses France of breaking EU law with deficit

AFP - Jan 04 2019

Poland on Friday accused France of breaching European Union laws by exceeding spending limits, the latest in a series of …

Apple's bombshell and the trillion-dollar question

AFP - Jan 04 2019

Apple's bombshell news -- a sharply weaker revenue outlook and lower iPhone sales -- has raised questions over the …

German court opens way for diesel case against Daimler

AFP - Jan 04 2019

A German court said Friday it had opened the way for shareholders to join a collective legal action against …

Eurozone inflation slows in December: Eurostat

AFP - Jan 04 2019

Eurozone inflation slowed to an annual rate of 1.6 percent in December mainly due to lower energy costs, preliminary …

Credit Suisse pledges cooperation in US fraud probe

AFP - Jan 04 2019

Credit Suisse said Friday it was deceived by three former employees accused by US prosecutors of orchestrating $2 …

Emissions test woes ding German car sales

AFP - 2h ago

Months of disruption to the German car industry from new emissions tests barely dented annual sales figures in 2018, …

EU 'golden' visas in spotlight as Portuguese trial concludes

AFP - Jan 04 2019

A court in Portugal is to deliver verdicts Friday in a corruption trial linked to so-called "golden" visas granted to …

Google moved almost 20 bn euros to Bermuda in 2017: report

AFP - Jan 04 2019

US internet giant Google used a legal mechanism to transfer almost 20 billion euros from the Netherlands to Bermuda in …

Ghosn set for court hearing in Japan over detention

AFP - Jan 04 2019

Former Nissan Chairman Carlos Ghosn is likely to appear in a Japanese court next Tuesday to hear the reasons for his …

China could put reforms on hold to boost economy: analysts

AFP - Jan 04 2019

President Xi Jinping hailed China's "reconstructive reforms" in a New Year speech, but the sorely needed changes could …

In Siberia, Chinese demand for prehistoric tusks fuels 'mammoth rush'

AFP - Jan 04 2019

Crouching near a wooden shed in his snowy backyard, Prokopy Nogovitsyn lifts up a grey tarpaulin and takes out a …

US team to visit China for trade talks

AFP - 7h ago

A US government delegation will visit China next week for the first face-to-face talks since President Donald Trump and …

Asia markets fall again as Tokyo gets 2019 off to nightmare start

AFP - 11h ago

There was no respite for Asian investors Friday as most regional markets suffered more losses, with Tokyo tanking three …

US auto consumers tap the brakes, swerve away from small cars

AFP - 4h ago

Major automakers on Thursday announced slowing 2018 sales in the US even as the industry maintained close to its overall …

Drug maker Bristol-Myers Squibb to buy Celgene in $74bn deal

AFP - Jan 04 2019

New York-based pharmaceutical giant Bristol-Myers Squibb on Thursday announced it would buy US biotech firm Celgene in a …

Buzz grows on 'flying cars' ahead of major tech show

AFP - Jan 04 2019

Will flying cars take off at the upcoming Consumer Electronics Show?

Brazil's Bolsonaro confirms will participate in Davos

AFP - 2h ago

Brazil's new far-right President Jair Bolsonaro confirmed Thursday he will attend the World Economic Forum in the Swiss …

Apple rival paves way for ban on some iPhones in Germany

AFP - 13h ago

US chipmaker Qualcomm said Thursday it had fulfilled the requirements set out by a court in a patent dispute case …

New Petrobras boss seeks free-market 'efficiency' for oil giant

AFP - 10h ago

The new boss of Brazilian state-owned oil giant Petrobras said Thursday that he wanted to draw a line under the …

Apple warning pummels markets worried about growth outlook

AFP - 4h ago

Stock markets retreated Thursday as China's slowing economy forced Apple to slash its revenue forecast, wiping around …

US manufacturing hits two-year low in December: survey

AFP - Jan 03 2019

The key US manufacturing sector unexpectedly hit a two-year low in December amid a worrying slump in demand and weak …

Grim news in US prompts worry: are good times over?

AFP - 15h ago

The United States had a batch of chilling economic news on Thursday, deepening a Wall Street sell-off and putting a …

US warns citizens of arbitrary exit bans in China

AFP - 17h ago

The United States warned its citizens Thursday they could face arbitrary action by authorities when they visit China, …

GM and DoorDash to deliver food with self-driving cars

AFP - 18h ago

Food delivery service DoorDash on Thursday announced it is teaming up with General Motors to test using self-driving …

US auto sales falter in 2018 as consumers abandon small cars

AFP - 20h ago

Auto makers announced their end-of-year US sales totals Thursday, showing a slowing market even as Americans' demand for …

Ireland running surplus for first time since 2008 crash

AFP - 9h ago

Ireland's government is running a surplus for the first time since the financial crisis of 2008 thanks to a surge in …

Ireland to seek EU aid in case of no-deal Brexit: report

AFP - 11h ago

Ireland will seek hundreds of millions of euros in aid from Brussels if Britain crashes out of the EU without a deal, …

Drug maker Bristol-Myers Squibb says to buy Celgene in $74bn deal

AFP - 4h ago

New York-based pharmaceutical giant Bristol-Myers Squibb on Thursday announced it would buy US biotech firm Celgene in a …

Bolsonaro government launches purge of Brazil public service

AFP - 18h ago

The administration of Brazil's new President Jair Bolsonaro said Thursday it is starting a purge of government …

US car sales falter in 2018 as consumers abandon small cars

AFP - 1h ago

Major auto makers announced their end-of-year US sales totals Thursday, showing a slowing market even as Americans' …

Apple's bombshell raises trillion-dollar question

AFP - 5h ago

Apple's bombshell news -- a sharply weaker revenue outlook and lower iPhone sales -- has raised questions over the …

US stocks tumble on Apple, manufacturing data

AFP - 10h ago

Wall Street was heading for another rout early Thursday following a gloomy forecast from Apple and weak US manufacturing …

Bolsonaro rushes through changes to Brazil

AFP - 55m ago

The new government of Brazil's far-right President Jair Bolsonaro hit the ground running on its first day of business …

Brexit doubts drag down UK business confidence: survey

AFP - 4h ago

British firms are facing labour shortages, stagnating growth and price pressures heightened by Brexit, according to the …

Ryanair gets UK licence in case of no-deal Brexit

AFP - 10h ago

Ireland's no-frills carrier Ryanair said on Thursday that its UK subsidiary has received a licence allowing it to …

Croatia threatens to axe plans to buy F-16 jets from Israel

AFP - 1h ago

Croatia threatened to cancel its purchase of F-16 fighter jets from Israel on Thursday after months of stalling due to a …

Apple warning hits markets worried about growth outlook

AFP - 2h ago

Stock markets retreated once more Thursday as China's slowing economy forced Apple to slash its revenue forecast, wiping …

Drugmaker Bristol-Myers Squibb says to buy Celgene in $74bn deal

AFP - 2h ago

New York-based pharmaceutical giant Bristol-Myers Squibb on Thursday announced it would buy US biotech firm Celgene in a …

372,000 German drivers join legal action against Volkswagen

AFP - 5h ago

Some 372,000 German owners of Volkswagen cars fitted with motors that cheated emissions tests have joined a collective …

Apple warning delivers fresh blow for markets, global growth

AFP - 3h ago

Stock markets retreated once more Thursday as China's slowing economy forced Apple to slash its revenue forecast, wiping …

Asia markets mostly lower as tech firms soured by Apple

AFP - 3h ago

Most Asian markets extended the previous day's sharp losses Thursday with technology firms tumbling after Apple slashed …

Asia markets stage slight recovery but tech firms soured by Apple

AFP - 4h ago

Most Asian markets rose Thursday after the previous day's sharp losses but technology firms fell after Apple slashed its …

Aussie dollar tanks to 10-year low against USD

AFP - 15h ago

The Australian dollar briefly hit a 10-year low against the greenback Thursday, as twitchy investors ditched more …

Disney hauls in $7.325 billion at box office in 2018

AFP - 23h ago

Disney posted its second best year at the box office ever, raking in $7.325 billion worldwide for everything from "Black …

Apple cuts outlook, sees 'challenges' in China, emerging markets

AFP - 15h ago

Apple cut its revenue outlook for the latest quarter Wednesday, citing steeper-than-expected "economic deceleration" in …

China weakness pressures global stocks as Apple cuts sales forecast

AFP - 13h ago

Weak Chinese economic data weighed on global stocks Wednesday and the slowdown fears were poised to inflict even more …

Weak China weakness pressures global stocks as Apple cuts sales forecast

AFP - 2m ago

Weak Chinese economic data weighed on global stocks Wednesday and the slowdown fears were poised to inflict even more …

Weak China data pressure global stocks; oil rallies

AFP - 29m ago

Stock markets wobbled Wednesday as data reinforced worries about a stuttering Chinese economy, although a rally in oil …

Brazil stocks hit record as Bolsonaro takes charge

AFP - 18h ago

Brazil's stock market closed at a record high on Wednesday, one day after new President Jair Bolsonaro took office and …

Netflix draws fire for blocking satire critical of Saudi Arabia

AFP - 19h ago

Netflix drew fire from human rights activists Wednesday after agreeing to block an episode of a satirical comedy show …

Deutsche Boerse ex-CEO pays 4.75 mn euros to end probe

AFP - 4h ago

The former head of German exchange operator Deutsche Boerse has agreed to pay 4.75 million euros ($5.4 million) to end a …

Stocks wobble, yen hits multi-month highs

AFP - 5h ago

Stock markets wobbled Wednesday as data reinforced worries about a stuttering Chinese economy, helping haven investments …

Stocks slide at start of 2019, yen hits multi-month highs

AFP - 2h ago

Stock markets slumped Wednesday as data reinforced worries about a stuttering Chinese economy, helping haven investments …

Macron govt on tenterhooks as new tax regime takes effect

AFP - 24h ago

The French government sought on Wednesday to downplay fears that workers will be left out of pocket as the country …

Stocks slide, yen hits multi-month highs

AFP - 2h ago

Stock markets slumped Wednesday as data reinforced worries about a stuttering Chinese economy, helping haven investments …

China tobacco monopoly's global unit plans Hong Kong IPO

AFP - Jan 02 2019

The international wing of the world's largest cigarette maker -- a Chinese state-owned tobacco monopoly -- plans to list …

Hong Kong leads markets rout as 2019 starts on sour note

AFP - 3h ago

Asian and European markets plunged Wednesday, starting the new year by extending a slide that made 2018 the worst in a …

Hong Kong leads Asia markets rout as 2019 starts on sour note

AFP - 46m ago

Asian markets plunged Wednesday, starting the new year by extending a slide that made 2018 the worst in a decade, as …

Disasters rock Indonesia's '10 New Balis' tourism push

AFP - Jan 02 2019

Picture-postcard Tanjung Lesung was a cornerstone of Indonesia's bid to supercharge its tourism industry, boasting …

Indian father and son battle for billion-dollar empire

AFP - Jan 02 2019

Vijaypat Singhania thought he was keeping his billion-dollar Indian textile empire in the family when he gifted control …

Bricked in by poverty, Cambodia's farmers fight debt bondage

AFP - 19h ago

Bopha should be in school but instead toils seven days a week in a searing brick kiln on the outskirts of Phnom Penh -- …

Hong Kong leads Asia markets down as 2019 starts on sour note

AFP - 4h ago

Asian markets sank Wednesday, starting the new year by extending a slide that made 2018 the worst in a decade, with …

Global tech show to celebrate innovation amid mounting concerns

AFP - 2h ago

Amid trade wars, geopolitical tensions and a decline in public trust, the technology sector is seeking to put its …

Big IPOs eyeing a brittle Wall Street in 2019

AFP - 2h ago

Investors have been priming themselves for a potentially huge influx of companies selling stock to the public for the …

Vietnam's draconian cybersecurity bill comes into effect

AFP - Jan 01 2019

A law requiring internet companies in Vietnam to remove content communist authorities deem to be against the state came …

Markets stagger towards end of worst year since financial crisis

AFP - Dec 31 2018

World stock markets staggered Monday towards the end of their worst year since the global financial crisis a decade ago, …

Wall Street stocks end their worst year since 2008

AFP - Dec 31 2018

The US stock market concluded its worst year since the global financial crisis on Monday following a late-season …

Wall Street poised to end 2018 in the red after topsy-turvy year

AFP - 4h ago

The US stock market was on the brink of the worst year since the global financial crisis with a year-end collapse that …

Dubai stocks limp to end of worst year since financial crisis

AFP - Dec 31 2018

Dubai's stock market ended 2018 on Monday with a 25-percent annual loss, the worst year since the global financial …

UK awards Brexit ferry contract to firm with no ships

AFP - Dec 31 2018

Britain's tortuous breakup with the European Union took a bizarre turn Monday after it emerged that London has awarded …

Britain needs leadership, says US ambassador

AFP - Dec 31 2018

Britain is "in need of leadership" as it tries to navigate a painless exit from the EU, the US ambassador to London said …

500-euro note gets last print run

AFP - Dec 31 2018

The eurozone is moving to stop printing 500-euro banknotes, the violet-coloured bills that authorities fear are favoured …

Feminist filmmakers tackle adult movie machismo

AFP - Dec 31 2018

Ethical, diverse and not a silicone breast in sight -- feminist filmmakers are standing up to mass-market porn with …

Hong Kong ends tough year with gains after Trump hails trade progress

AFP - 8h ago

Hong Kong ended a tough year on a positive note Monday, with the Hang Seng posting strong gains after US President …

Climate change takes toll on French oyster farmers

AFP - Dec 31 2018

Gulping down oysters has long been a favourite New Year's Eve ritual for the French, but as winters get warmer and …

Hong Kong rounds out worst year since 2011 with gains

AFP - 1h ago

Hong Kong headed for a positive end to a tough year Monday, with the Hang Seng rising after US President Donald Trump …

Ghosn's detention extended to Jan 11

AFP - 11h ago

Former Nissan boss Carlos Ghosn will be spending the beginning of 2019 behind bars after a Tokyo court on Monday …

Ghosn's detention extended to Jan 11: media

AFP - 47m ago

Former Nissan boss Carlos Ghosn will be spending the beginning of 2019 behind bars after a Tokyo court on Monday …

Workers fret at making ends meet as US govt shutdown persists

AFP - Dec 30 2018

According to President Donald Trump, federal workers affected by the US government shutdown support him as he insists on …

Spanish 'ghost towns' slowly come to life

AFP - 22h ago

Concrete skeletons still haunt Spain, 10 years after the 2008 global economic crisis caused a housing boom to crumble, …

China's top court to handle intellectual property appeals

AFP - Dec 30 2018

China's top court will rule on intellectual property cases for the first time from January 1, the government said, …

China saddles up with exclusive riding clubs, horse towns

AFP - Dec 30 2018

Leather riding boots are neatly lined up on a carpet, a picture shows blood-thirsty hounds on a fox hunt and a fountain …

Prolonged US shutdown threatens to unsettle economy

AFP - Dec 30 2018

The paralysis triggered by the US government shutdown could have unexpected consequences, such as muddying economic …

French start-up offers 'dark web' compass, but not for everyone

AFP - Dec 30 2018

For years criminal websites shrouded in secrecy have thrived beyond the reach of traditional search engines, but a group …

Goodbye Stalin: Moscow metro sheds Soviet look in bold new stations

AFP - Dec 30 2018

Moscow's metro system is famed for its Stalin-era stations with glittering chandeliers and mosaics, but architects are …

Face of Colombian coffee Carlos Sanchez dead at 83

AFP - Dec 29 2018

Carlos Sanchez, the face of Colombian coffee for decades, and of Colombia's answer to Starbucks, has died in Medellin. …

Italian MPs approve revised budget after EU standoff

AFP - Dec 29 2018

Italian lawmakers passed Saturday the populist government's revised 2019 budget before a year-end deadline, despite …

US, China talk 'progress' after phone call on trade

AFP - Dec 29 2018

Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has …

Clock ticks for Italy to pass budget after EU standoff

AFP - 51m ago

Italy's populist government was racing Saturday to get a revised 2019 budget through parliament before year end despite …

Belgium reviews smartphone use by troops to counter spying: media

AFP - 9h ago

Belgium's defense ministry is reviewing restrictions on the use of smartphones by active-duty soldiers on operations to …

Trump touts "big progress" after phone call with Xi on trade

AFP - 1h ago

US President Donald Trump on Saturday touted "big progress" on trade following a phone call with his Chinese …

Chinese firms offer subsidies on Huawei phones in show of support

AFP - Dec 29 2018

Chinese firms are encouraging staff to buy Huawei smartphones following Canada’s arrest of a top Huawei executive on a …

Austria to press ahead with digital tax: chancellor

AFP - Dec 29 2018

Austrian Chancellor Sebastian Kurz vowed Saturday to press ahead with a tax on large internet and technology companies, …

UK splashes £100 million on ferries to ease Brexit fears

AFP - Dec 29 2018

Britain has spent more than £100 million on chartering ferries to mitigate the risk of "severe congestion" at the port …

Stock markets test investor nerves in roller coaster ride

AFP - 12h ago

European equities gained and Wall Street couldn't make up its mind Friday as stock markets zig-zagged towards the …

Zuckerberg sees 'progress' for Facebook after tumultuous year

AFP - Dec 28 2018

Facebook chief Mark Zuckerberg said Friday the world's biggest social network has "fundamentally" changed to focus on …

Ryanair cabin crew in Spain to strike in January

AFP - Dec 28 2018

Unions for Ryanair's 1,800 cabin crew in Spain threatened Friday to strike in January unless the Irish low-cost airline …

Wells Fargo in $575 mn US settlement on consumer ills

AFP - 7h ago

Wells Fargo agreed to a $575 million nationwide settlement over its opening of millions of unauthorized customer …