Business and Tech

Bangladesh bourse approves China bid, rejects India offer

AFP - 0m ago

Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, …

London stock market falters as HSBC disappoints

AFP - 27m ago

London's stock market fell on Tuesday, underperforming stable eurozone indices, as traders pushed down share prices in …

New chapter: a landmark move for Greece's national library

AFP - 1h ago

Wearing masks and gloves, specialised staff gingerly place their treasured cargo inside wheeled, shock-absorbing boxes …

Sony jumps into Japan taxi market with AI app plans

AFP - 2h ago

Electronics giant Sony announced a plan Tuesday to provide an AI-based ride-hailing system to Japanese cab companies, …

Asian markets dip as investors look for clues

AFP - 1h ago

Asian markets dipped Tuesday after holiday closures saw muted activity in Europe, with investors in both continents …

Mining giant BHP half-year profit hit by US tax charges

AFP - 3h ago

Higher commodity prices helped global mining giant BHP report a first-half net profit of US$2.02 billion on Tuesday, but …

HSBC more than doubles pre-tax profits to $17.2 bn in 2017

AFP - 4h ago

Banking giant HSBC more than doubled pre-tax profit to $17.2 billion in 2017, it announced Tuesday, after a recovery …

Moncler to unveil monthly 'Genius' series at Milan Fashion Week

AFP - 5h ago

Italian outerwear maker Moncler will unveil his strategy for shaking up the world fashion calendar at the Milan Fashion …

German court could open way to bans on diesel cars

AFP - 7h ago

One of Germany's top courts will decide Thursday whether some diesel vehicles can be banned from parts of cities like …

Israel announces 'historic' gas contract with Egypt

AFP - 7h ago

Israel has struck an "historic" contract to supply natural gas to Egypt, Prime Minister Benjamin Netanyahu announced …

Macau sees future in Portuguese past

AFP - 7h ago

Sitting in his university office in Macau, professor Lei Heong Iok opens what he calls his "treasure" -- a dog-eared …

Carabao: Thai rocker turned drinks mogul energising English football

AFP - 7h ago

On Sunday evening an ageing Thai rock star with hooped earrings, signature bandana and a wispy moustache will be at the …

Mythical guitar-maker Gibson fighting for survival

AFP - 4h ago

World-famous guitar maker Gibson, whose instruments have been played by the likes of John Lennon and Elvis Presley, is …

EU, Mercosur to resume talks on trade deal Wednesday

AFP - 12h ago

Negotiators from Mercosur and the European Union are due to resume talks on Wednesday after edging closer to a historic …

Central American nations to sign trade deal with South Korea

AFP - 12h ago

Five Central American nations are to sign a free trade deal with South Korea on Wednesday after more than two years of …

Spain's property market recovers pre-crisis levels

AFP - 4h ago

Spain's real-estate market, hit hard when a bubble burst in 2008, has recovered transaction levels last seen before the …

Latvian finance hit by alleged bribe-taking, money laundering

AFP - 17h ago

Latvia's financial sector was left reeling Monday after anti-corruption officials arrested its central bank chief over …

Chicken shortage shuts hundreds of KFC stores in UK

AFP - 15h ago

US fast-food chain KFC said Monday it had shut hundreds of UK stores as German delivery supplier DHL left them short of …

Deutsche Bank slashes up to 500 investment banking jobs: report

AFP - 17h ago

Germany's biggest lender Deutsche Bank is letting hundreds of investment bankers go, Bloomberg News reported Monday, the …

Eurozone backs Spain's De Guindos for ECB top job

AFP - 18h ago

Eurozone finance ministers backed their Spanish peer Luis De Guindos for the vice-presidency of the European Central …

European stocks drift lower as US markets closed

AFP - 13h ago

Europe's major stock markets drifted lower Monday in a subdued start to the week, with volumes capped by holiday …

Gates says billionaires should pay 'significantly' more taxes

AFP - 19h ago

Bill Gates says he has paid more than $10 billion in taxes over a lifetime but billionaires like him should pay …

Inspired by Macron, new anti-Brexit party launches in Britain

AFP - 43m ago

A new anti-Brexit party was launched in London Monday, lacking any big names but vowing to revitalise the centre ground …

New anti-Brexit party launches in Britain

AFP - 4h ago

A new anti-Brexit centrist political party holds its official launch in London Monday, one of several initiatives by …

European markets calm amid holiday celebrations elsewhere

AFP - 5h ago

Europe's major stock markets edged lower Monday in a subdued start to the week, with sentiment hampered by holiday …

Siemens plans to float Healthineers in first half of 2018

AFP - 13h ago

Industrial giant Siemens on Monday said it plans to list its Healthineers medical unit in the first half of 2018, in …

ECB freezes Latvian bank after laundering allegation

AFP - 9h ago

The European Central Bank said Monday it has frozen payments by the third-largest bank in tiny Baltic state Latvia, as …

S. Korea's Moon urges 'stern' response to new US tariffs

AFP - 14h ago

South Korean President Moon Jae-in called Monday for a "stern" response to new US tariffs on the South's exports as …

Asian markets edge up as investor sentiment calms

AFP - 3h ago

Asian stock markets mostly edged up in thin holiday trade on Monday, with Tokyo's benchmark index surging nearly two …

France's Unibail-Rodamco rules out upping Westfield bid

AFP - 10h ago

Unibail-Rodamco Monday ruled out increasing its bid for Australia's Westfield shopping mall operator despite the cash …

Asia markets edge up as investor sentiment calms

AFP - 3h ago

Asian stock markets edged up in thin holiday trade on Monday, with investors buoyed by gains on Wall Street despite …

Japan books first trade deficit in eight months

AFP - 9h ago

Japan logged a trade deficit in January, the first negative figure in eight months, as imports of fossil fuel …

'Black Panther' pounces to box office glory over holiday weekend

AFP - 16h ago

As the US kicked back for a long weekend, Disney's "Black Panther" got off to a superhero start in the North American …

EU single currency reform won't be 'perfect': Moscovici

AFP - 13h ago

EU Economic Affairs Commissioner Pierre Moscovici said Sunday he does not expect a "perfect" accord on reforming the …

Netflix-funded banner sparks row at Marseille game

AFP - 19h ago

Plans for a group of Marseille supporters to unfurl a giant banner at Sunday's French league game at home to Bordeaux …

Artificial intelligence poses questions for nature of war: Mattis

AFP - 21h ago

Artificial intelligence and its impact on weapons of the future has made US Defense Secretary Jim Mattis doubt his own …

UK church spires used to boost phone, wi-fi signal

AFP - 18h ago

Church spires across Britain will be used to boost broadband, mobile phone and WiFi connectivity in rural areas, under a …

Saudi women to start own busines without male permission

AFP - 2h ago

Women in Saudi Arabia can now open their own businesses without the consent of a husband or male relative, as the …

Spanish cheesemakers defend Manchego from Mexican 'copy'

AFP - Feb 18 2018

In central Spain, the arid plains of La Mancha are famous for their windmills and Manchego, a cheese made out of ewe's …

Amazon: from online book seller to market shaker

AFP - Feb 18 2018

Amazon has grown from a humble beginning as an online bookseller to a colossus of the internet. It recently devoured …

Blockchain revolution comes to world of humanitarian aid

AFP - 8h ago

Blockchain, the technology behind the cryptocurrency bitcoin, is taking root in a sector far from finance: the world of …

After stunning growth streak, Amazon ambitions seem boundless

AFP - Feb 18 2018

Triumphant in online retail, cloud computing, organic groceries, and streaming television, Amazon founder and chief …

Indonesia inks $1.1 bn deal with Russia to buy 11 jets

AFP - Feb 17 2018

Indonesia has inked a billion-dollar deal to buy 11 Sukhoi Su-35 jets from Russia, an official said Saturday.

China vows to protect interests as US eyes trade sanctions

AFP - Feb 17 2018

China on Saturday warned it would take necessary measures to protect its interests if the US imposes tough trade …

Indian investigators arrest three over bank fraud

AFP - Feb 17 2018

Indian investigators have arrested three people who allegedly helped a billionaire jeweller obtain fake documents for …

Belgian court orders Facebook to stop tracking web users

AFP - Feb 17 2018

A Belgian court on Friday ordered Facebook to stop tracking internet users in Belgium who have no accounts with the …

Fitch raises Greece's debt rating, citing stability, growth

AFP - Feb 16 2018

The Fitch ratings agency on Friday upgraded Greece's sovereign debt grade, citing budget surpluses, greater political …

Cyberattacks are costly, and things could get worse: US report

AFP - Feb 16 2018

Cyberattacks cost the United States between $57 billion and $109 billion in 2016, a White House report said Friday, …

US eyes heavy tariffs on China, Russia to counter steel, aluminum glut

AFP - Feb 16 2018

The US Commerce Department on Friday recommended imposing heavy tariffs on China, Russia and other countries to counter …

Google begins blocking annoying ads on its browser

AFP - Feb 16 2018

Google has begun a new effort to block annoying ads on its Chrome browser, as part of an initiative aimed at improving …

China fund takes control of Spanish football TV rights giant

AFP - 24h ago

A Chinese investment fund has taken control of Spanish media giant Mediapro, best known for owning television rights to …

World stocks snap out of rate hike gloom

AFP - 22h ago

Global stocks pushed higher on Friday as investors, getting over their panic attack triggered by the prospect of a steep …

Uber introduces UK safety measures amid licence battle

AFP - Feb 16 2018

US ride-hailing app Uber on Friday announced new safety features for its service in Britain, as it appeals against the …

German, Polish leaders clash over Russia gas pipeline plan

AFP - 14h ago

German Chancellor Angela Merkel and Polish Prime Minister Mateusz Morawiecki on Friday voiced disagreement over plans …

US home construction jumps in January, shifts to apartments

AFP - 2h ago

US home building surged in the first month of 2018, with a sharp rise in construction of apartments and as rebuilding …

Stocks rebound rolls on in Europe

AFP - 1h ago

Stocks in Asia and Europe pushed higher on Friday, extending a recovery from a panic attack over the prospect of a steep …

Daimler, VW face more recalls over emissions cheating: report

AFP - Feb 16 2018

German transport authorities will next week recall thousands more Daimler and Volkswagen vehicles, Der Spiegel magazine …

Coca-Cola reports 4Q loss on hit from US tax reform

AFP - 2h ago

Coca-Cola reported a fourth-quarter loss Friday due to a one-time hit from US tax reform as growth in some non-cola …

India suspends passport of billionaire jeweller

AFP - 19h ago

India said Friday it had suspended the passports of a billionaire jeweller and a diamond merchant accused of defrauding …

Swedish companies decry deportations of skilled workers

AFP - 8h ago

The heads of Sweden's largest companies, including clothing giant H&M and telecoms maker Ericsson, denounced Friday …

'No taboos' in Nissan-Mitsubishi alliance: Renault CEO

AFP - 3h ago

Renault chief executive Carlos Ghosn said the French carmaker is keeping all options open regarding its three-way …

Dairy adds sour taste to 'resilient' year for Danone

AFP - 10h ago

French food giant Danone said Friday that profits and sales were resilient in 2017, driven largely by the success of it …

Stocks march on recovery path

AFP - 54m ago

Stocks in Asia and Europe pushed higher on Friday, extending a recovery from a panic attack over the prospect of a …

France's Macron to face public sector protests on March 22

AFP - 2h ago

French railways workers were urged Friday to join civil servants in a nationwide day of protest next month against …

Eni back in the black with rise in oil prices

AFP - 9h ago

Italian oil and gas company Eni said Friday the recovery in global crude prices along with record production helped it …

Facebook, Twitter not fully complying with consumer rules: EU

AFP - 9h ago

The European Commission said Thursday that US social media giants have made an effort to comply with EU consumer …

Natural disasters, US tax reform hit Allianz in 2017

AFP - 6h ago

German insurer Allianz on Friday reported a drop in net profits in 2017 as US tax reform and a string of natural …

US authorities block Chicago Stock Exchange sale

AFP - 2h ago

US regulators on Thursday blocked the purchase of the Chicago Stock Exchange (CHX) by a group of investors including the …

Asia markets higher as volatility fears ease

AFP - 3h ago

Asian stock markets climbed on Friday in thin holiday trade, led by gains in Tokyo, as volatility eased after last …

Indonesia eyes lax palm oil rules in EU trade deal: leak

AFP - 8h ago

Palm oil giant Indonesia is pressing the European Union to abandon plans to apply strict environmental standards to the …

Bank of Japan's 'bazooka-wielding' Kuroda nominated for second term

AFP - 4h ago

Japan's government nominated Haruhiko Kuroda for a second term as central bank governor Friday, handing the veteran …

General Electric to sell parts of overseas lighting business

AFP - 9h ago

General Electric has reached an agreement to sell its overseas lighting operations in Europe, the Middle East, Africa …

African audiences celebrate 'Black Panther' release

AFP - 11h ago

The release this week of Marvel Studios' latest superhero outing, "Black Panther", has triggered the enthusiasm of …

From Maoist symbol to hipster accessory: Nepali shoes get revamp

AFP - 10h ago

Long maligned as the footwear of choice for Nepal's Maoist guerillas, Goldstar sneakers are undergoing a revival in the …

Christopher Bailey bids farewell to Burberry in London

AFP - 8h ago

Christopher Bailey unveils his final collection for Burberry at London Fashion Week starting on Friday -- a turning …

Bank of Japan's Kuroda nominated for second term: statement

AFP - 13m ago

Japan's government nominated Haruhiko Kuroda for a second term as central bank governor on Friday, handing the veteran …

US, Britain blame Russia for 'NotPetya' ransomware attack

AFP - 3h ago

The United States and Britain on Thursday blamed the Russian military for last year's devastating "NotPetya" ransomware …

Renault green lights Ghosn for four more years at the top

AFP - 9h ago

French auto giant Renault's board on Thursday backed a new four-year term for chief executive Carlos Ghosn and set up …

US judge sets long sentences for two Russian hackers

AFP - 10h ago

A US judge sentenced a pair of Russians who led a massive hacking and data breach scheme to lengthy criminal sentences, …

OPEC targets longer non-member alliance deal in 2018: UAE

AFP - 8h ago

Oil cartel OPEC aims to agree on a longer-term partnership with non-member producers by the end of the year, United Arab …

Boeing CEO says talks with Embraer making progress

AFP - 14h ago

Partnership talks between Boeing and Brazilian aircraft manufacturer Embraer are making progress but there is "still …

German football considers making clubs easier to take over

AFP - 9h ago

A revolution is brewing in Germany, where the Football League (DFL) fears it is falling behind Spain and England and …

Irish ECB candidate favoured by EU parliament committee

AFP - 9h ago

Irish central bank chief Philip Lane, who is running for the vice-presidency of the European Central Bank, on Thursday …

US Bank to pay $613 mn over money laundering violations

AFP - 12h ago

American lender US Bancorp has agreed to pay $613 million to US authorities for violations of money laundering controls, …

Suspected Austria bitcoin fraud sparks Europe-wide probe

AFP - 12h ago

Authorities investigating a suspected bitcoin-related scam centred in Austria have asked Interpol to help determine …

Top telecom regulator faces internal probe: lawmaker

AFP - 2h ago

The top US telecom regulator is the object of an internal watchdog probe into the handling of rule changes that …

Stocks gain as inflation panic cools

AFP - 5h ago

World stock markets timidly pushed higher on Thursday as investors shopped for bargains following a recent brutal …

Macron praised as French economy powers ahead

AFP - 10h ago

The good news keeps coming for the French economy: data published Thursday showed unemployment at its lowest level since …

Iran central bank takes steps to shore up rial

AFP - 1h ago

Iran's central bank on Thursday announced a hike in deposit rates in a bid to shore up the value of the rial, after …

January jump for US wholesale inflation

AFP - 2h ago

US wholesale inflation resumed its upward trajectory in January, driven higher by rising costs for hospital care, …

Russia's Kalashnikov becomes majority private-owned

AFP - 2h ago

Private investors have for the first time gained a majority share of Russia's Kalashnikov arms manufacturer, producer of …

Greek Cypriots link UN peace talks to Med energy search

AFP - 3h ago

Cypriot officials said Thursday that stalled UN-backed peace talks to reunite the island cannot resume while Turkey …

French swank watch sales tick up as Chinese tourists return

AFP - 4h ago

Luxury watch sales in France surged last year as deep-pocketed tourists, notably Chinese, returned after terrorism fears …

UK blames Russian military for 'NotPetya' cyber-attack

AFP - 5h ago

Britain on Thursday accused the Russian military of being behind last year's "NotPetya" cyber-attack, which started in …

Praise, positive data pile up for French economy

AFP - 4h ago

The good news keeps coming for the French economy: data published Thursday showed unemployment at its lowest level since …

Equities extend gains after Wall St brushes off inflation

AFP - 2h ago

Asian and European stock markets pushed higher on Thursday after Wall Street brushed off signs of rising US inflation.

Germany to boost rail investment to 9 bn euros in 2018

AFP - 5h ago

German state rail operator Deutsche Bahn said Thursday it would sharply lift investment in its infrastructure this year, …

Budget airline Norwegian says profits grounded by fuel, expansion costs

AFP - 1h ago

Low-cost airline Norwegian Air Shuttle said on Thursday that rising fuel prices and the cost of replacing aircaft and …

Airbus profits take off despite new charge on A400M military plane

AFP - 2h ago

Airbus said Thursday that record deliveries, windfall gains from divestments and favourable exchange rates enabled …

Amazon primed to hire 2,000 new employees in France

AFP - 6h ago

US online shopping giant Amazon said Thursday it plans to create 2,000 permanent full-time jobs in France this year as …

Nestle opens door to L'Oreal sale as 2017 disappoints

AFP - 4h ago

Swiss food giant Nestle on Thursday appeared to open the door to selling its stake in French cosmetics group L'Oreal …

Japan's crypto exchange Coincheck sued after massive heist

AFP - 6h ago

Cryptocurrency traders filed a lawsuit Thursday against Japanese exchange firm Coincheck, seeking repayment after …