Business and Tech

Trump says in 'no rush' to get NAFTA deal

AFP - -8m ago

President Donald Trump said Thursday he was in "no rush" to complete a deal to rewrite the trade pact with Mexico and …

Stocks regain composure on US-China trade talk news

AFP - 9m ago

European and US stocks rebounded Thursday as news that Beijing and Washington would hold trade talks overshadowed …

Air Canada's Ben Smith named head of Air France-KLM

AFP - 1h ago

Air France-KLM named its first non-French chief executive on Thursday, handing the reins to Air Canada's Ben Smith …

US approves first generic competitor to Mylan's EpiPen

AFP - 2h ago

US regulators Thursday approved the first generic alternative for the EpiPen, a life-saving emergency allergy medicine, …

US threatens more Turkey sanctions if pastor not freed

AFP - 3h ago

Treasury Secretary Steve Mnuchin warned Thursday the United States would levy more sanctions on the troubled Turkish …

Argentina's Macri demands end to 'mafia' business behavior

AFP - 4h ago

Argentina president Mauricio Macri called for an "end to mafia behavior" during a meeting with powerful business leaders …

Walmart shares surge on strong US sales growth

AFP - 5h ago

Walmart shares surged Thursday after it reported the strongest US comparable sales in more than a decade as e-commerce …

Thieves take wing with 1 million euros of Red Bull in Belgium

AFP - 6h ago

Thirsty thieves stole more than 300 pallets of Red Bull cans worth around one million euros from a depot in Belgium in …

Erdogan's finance czar insists crisis-hit Turkey to emerge stronger

AFP - 2h ago

Turkey sought Thursday to reassure investors rattled by the crash of the Turkish lira, insisting the country would …

Bayer presses on with Monsanto integration as stock suffers

AFP - 21m ago

German chemicals and pharmaceuticals giant Bayer said Thursday it would finally begin integrating US seeds and …

No Canadians: Air France unions want French CEO

AFP - 4h ago

Air France-KLM was tipped to name its first non-French chief executive on Thursday, with Canada's Ben Smith set to be …

China, US to resume trade talks in late August

AFP - 7h ago

China will send a senior negotiator to the United States in late August to resume trade talks, its commerce ministry …

Erdogan, Macron vow to foster trade ties: Turkish presidency

AFP - 8h ago

Turkish President Recep Tayyip Erdogan and his French counterpart Emmanuel Macron agreed in a phone call Thursday to …

European stocks regain composure on US-China trade talk news

AFP - 1h ago

European stocks rebounded Thursday on news that Beijing and Washington will hold trade talks, while the Turkish lira …

Lira crisis piles pain on Turkish shoppers as costs soar

AFP - 9h ago

"Look at this, I have sold nothing!" said Cemile Baykal, sitting in front of piles of vegetables untouched on her Ankara …

Albayrak: Erdogan son-in-law and Turkey finance supremo

AFP - 10h ago

Berat Albayrak, the youthful son-in-law of President Recep Tayyip Erdogan, is just one month into his new job of Turkish …

Turkey seeks to soothe markets over tensions with US

AFP - 4h ago

Turkey's finance minister Berat Albayrak will on Thursday seek to soothe the markets over the lira's dramatic fall in …

Asian stocks pare losses after US-China trade talk news

AFP - 2h ago

Asia stocks closed lower Thursday, joining a global sell-off on concerns over Turkey's financial crisis, although losses …

Shares in Italy's Atlantia plunge 24% over Genoa bridge collapse

AFP - 12h ago

Shares in Italian infrastructure group Atlantia, which operates the motorway on which a bridge in Genoa collapsed, were …

Hong Kong spends $2bn to defend currency peg

AFP - 14h ago

Hong Kong's de facto central bank said Thursday it had bought up more than US$2 billion worth of local currency to …

Taiwan hotel axes Marriott contract over China naming row

AFP - 14h ago

The owner of a Starwood-branded hotel in Taiwan said Thursday it will terminate its contract with Marriott …

China to widen foreign access to A-shares

AFP - 15h ago

China's securities regulator said it will allow individual foreign investors working in the country to buy and sell …

Asian stocks recover after US-China trade talk news

AFP - 3h ago

Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey's financial crisis but …

New Zealand curbs foreign property ownership to cool market

AFP - 18h ago

New Zealand has passed legislation curbing foreigners' ability to buy residential property in a bid to rein in the South …

China to send negotiator to US for trade talks this month

AFP - 2h ago

China will send a top negotiator to the United States in late August to resume trade talks, the commerce ministry said …

Japan's trade surplus with US slumps in July

AFP - 15h ago

Japan's politically sensitive trade surplus with the United States shrank sharply in July, according to official data …

Iraq religious tourism squeezed by Iran sanctions

AFP - 48m ago

With hotels facing mass cancellations, Iraqis in the holy city of Najaf are being hit hard by US sanctions on …

Australia telecom giant Telstra flags tough times as profit slides

AFP - 16h ago

Australia's dominant telecommunications company Telstra Thursday warned of "enormous challenges" ahead as it posted an …

Uber quarterly loss jumps as it invests in 'big bets'

AFP - 3h ago

Uber on Wednesday disclosed that its quarterly loss jumped despite taking in more money, as it invested in scooters and …

Tesla shares fall on reports of SEC subpoena

AFP - 5h ago

Shares of Tesla fell Wednesday following reports US securities regulators have subpoenaed the electric car maker's Chief …

Twitter puts curbs on far-right conspiracy theorist Alex Jones

AFP - 4h ago

Twitter said Wednesday it was putting curbs on the account of far-right conspiracy theorist Alex Jones after he called …

China blasts US solar tariffs, takes WTO action

AFP - 15h ago

China has blasted US tariffs on solar panel imports, filing a complaint at the World Trade Organization in the latest …

Global stocks drop on Turkey; strong dollar dents commodities

AFP - 9h ago

Global stocks fell Wednesday as investors fled riskier assets amid renewed worries over Turkey while a stronger dollar …

Turkey slaps retaliatory tariff hikes on key US products

AFP - 11h ago

Turkey hiked Wednesday tariffs on imports of several key US products in retaliation for American sanctions against …

Twitter puts curbs on far-right figure Alex Jones

AFP - 3h ago

Twitter said Wednesday it was putting curbs on the account of far-right conspiracy theorist Alex Jones after he called …

Congo, IMF in talks rooted in 'trust', says president

AFP - 8h ago

Republic of Congo President Denis Sassou Nguesso says his government is negotiating "on a basis of trust" with the …

Twitter suspends far-right figure Alex Jones for a week

AFP - 1h ago

Far-right conspiracy theorist Alex Jones said his Twitter account had been suspended for a week, the latest online …

Stocks slump as stong dollar dents commodities

AFP - 4h ago

Stock markets fell sharply on Wednesday, with commodities-linked assets hit by dollar strength, while the lira recovered …

UK inflation erodes wages but boardroom pay spikes

AFP - 9h ago

British inflation accelerated last month on high transport costs, hitting average workers' purchasing power -- but …

Atlantia, Italy's motorway operator with global ambitions under scrutiny

AFP - 20h ago

Italian group Atlantia, whose operation of half of Italy's motorways is under risk following the collapse of a bridge in …

Constellation makes big bet on Canadian cannabis company

AFP - 20h ago

Spirits company Constellation Brands announced Wednesday it will significantly boost its investment in Canada's Canopy …

Stock markets falter; Turkish lira firms

AFP - 1h ago

Stock markets fell on Wednesday, with commodities-linked assets hit by dollar strength, while the Turkish lira recovered …

Modi pledges Indian manned space mission, healthcare scheme

AFP - 23h ago

India will send a manned mission to space by 2022 and introduce health insurance for half a billion of its citizens, …

Kenyan farmers toast growing European demand for avocados

AFP - Aug 15 2018

It may be loved and derided as the go-to millennial brunch, but avocado toast is proving a boon for Kenyan farmers as …

Turkey crisis weighs on Asian shares

AFP - 2h ago

Stocks were weaker in most major Asian markets Wednesday, with Turkey's financial crisis showing little sign of abating …

Turkey hits back at US with tariff hikes on key products

AFP - 2h ago

Turkey on Wednesday said it was hiking tariffs on imports of several key US products in retaliation for American …

'Monster Hunter' on hold as China hits pause on new video games

AFP - Aug 15 2018

China appears to have halted approvals of new online game licences, with reports Wednesday that a government shake-up …

Turkey crisis piles pressure on Asian shares

AFP - 37m ago

Stocks were weaker in most major Asian markets Wednesday, with Turkey's financial crisis showing little sign of abating …

Turkey hikes tariffs on imports of several US products

AFP - 33m ago

Turkey is hiking tariffs on imports of certain US products in response to American sanctions on Ankara that caused the …

Modi says 'sleeping elephant' India has woken up

AFP - 3h ago

Prime Minister Narendra Modi on Wednesday hailed India's growing role in the world economy, calling it a "sleeping …

Saudi state carrier hit by system failure ahead of hajj

AFP - Aug 15 2018

Saudi Arabian Airlines says a system failure has resulted in disruption of flights, as the kingdom prepares to host the …

Kenyan farmers toast growing demand European demand for avocados

AFP - 1h ago

It may be loved and derided as the go-to millennial brunch, but avocado toast is proving a boon for Kenyan farmers as …

Asian shares slip back, lira steady

AFP - 3h ago

Asian shares fell Wednesday as concerns about Turkey's financial crisis weighed on investor sentiment but the crisis-hit …

In Ivory Coast, global rubber glut erases profits

AFP - Aug 15 2018

"We're not earning anything from it any more, we have nothing," says a rubber farmer in Ivory Coast, Africa's top …

Twilight of South African gold mining fuels job crisis

AFP - Aug 15 2018

About 100 miners dressed in high-visibility workwear, balaclavas, gloves and boots line up against a shipping container …

Researchers find new security flaw in Intel chips

AFP - 2h ago

Researchers have discovered a new security flaw that could let hackers pry information from supposedly secure virtual …

Podcasts take growing role in shifting media landscape

AFP - 1h ago

As radio fades in the new world of digital media, podcasting has become hot.

US finalizes $4.9 bn fine on RBS for financial crisis conduct

AFP - 15h ago

Britain's Royal Bank of Scotland will pay $4.9 billion to settle charges it misled investors on mortgage-backed …

Erdogan says Turkey to boycott US electronic goods

AFP - 18h ago

President Recep Tayyip Erdogan on Tuesday said Turkey would boycott US electronic goods like the iPhone in retaliation …

Equities enjoy breather as Turkish lira rebounds

AFP - 7h ago

Turkey's lira recovered steadily Tuesday, taking the pressure off stock markets, with European bourses finishing little …

Tinder founders sue parent alleging cheating on stock options

AFP - Aug 14 2018

Tinder founders and early employees filed a lawsuit Tuesday accusing parent firm InterActiveCorp of cheating them out of …

Canada imports of cheap steel diverted from US by tariffs surges

AFP - 23h ago

Canada's finance minister warned Tuesday that US tariffs on steel have led to a spike in imports of cheap foreign steel …

UK investor halts Iran solar project over US sanctions

AFP - 21h ago

British group Quercus, an investor in renewable energy, said Tuesday it will halt work on a major solar plant in Iran …

Talks to avert strike at Chile copper giant extended

AFP - 15h ago

Anglo-Australian giant BHP and labor unions said they have agreed to extend talks through Tuesday aimed at averting a …

Thieves take wing with 1 million euros of Red Bull in Belgium

AFP - 20h ago

Thirsty thieves stole more than 300 pallets of Red Bull cans worth around one million euros from a depot in Belgium in …

Equities enjoy modest recovery as Turkish lira rebounds

AFP - 1h ago

Turkey's lira recovered somewhat Tuesday, while eurozone equities benefited from bargain-hunting after the previous …

Tesla board forms committee to consider going private

AFP - 16h ago

Tesla's board of directors said Tuesday it formed a special committee to consider chief executive Elon Musk's proposal …

Chinese electric carmaker NIO eyes $1.8 bn IPO in US

AFP - 18h ago

Chinese electric carmaker NIO has filed for a $1.8 billion initial public offering in the United States as the …

Turkish lira, equities enjoy modest recovery

AFP - 2h ago

Turkey's lira recovered somewhat Tuesday, while equities also rebounded from the previous day's turmoil thanks to …

Facebook to broadcast La Liga games for free in Indian subcontinent

AFP - Aug 14 2018

Lionel Messi, Gareth Bale and a host of La Liga stars will be beamed for free to viewers in the Indian subcontinent as …

Turkish lira rebounds after central bank measures

AFP - 17h ago

The Turkish lira rebounded Tuesday against dollar, a day after the central bank took a raft of measures in a bid to …

China data shows economic momentum flagging

AFP - 20h ago

The Chinese economy is displaying further signs of weakness, with data Tuesday showing the pace of investment slumping …

Turkish lira, equities enjoy bounce in Asia

AFP - 2h ago

Turkey's lira edged up with other emerging market currencies in Asian trade Tuesday while equities also enjoyed a bounce …

German economy enjoys second quarter growth rebound

AFP - 4h ago

Germany's economy rebounded from a first-quarter slowdown to book 0.5 percent quarter-on-quarter growth between April …

Tech giants face hefty fines under Australia cyber laws

AFP - Aug 14 2018

Tech companies could face fines of up to Aus$10 million (US$7.3 million) if they fail to hand over customer information …

Indian rupee hits record low of 70 to the dollar

AFP - 19h ago

The Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies are sold off by investors …

Turkish lira struggles in Asia but equities see some stability

AFP - 1h ago

Turkey's lira remained under pressure in Asian trade Tuesday but markets in the region enjoyed a little more stability …

Arms, investment and 'instructors': Russia boosts Africa role

AFP - 14h ago

Touting military cooperation and "instructors," arms deals and investment, Russia is making a comeback in Africa after …

Vienna topples Melbourne in 'most liveable city' ranking

AFP - 22h ago

Austria's capital Vienna has beaten Melbourne to be ranked the "world's most liveable city" in a new annual survey …

China data shows economic momemtum flagging

AFP - -18m ago

The Chinese economy is displaying further signs of weakness, with data Tuesday showing investment slumped to a record …

'Fortnite' gaming star defends not playing with women

AFP - 16h ago

"Fortnite" star Tyler "Ninja" Blevins on Monday defended not streaming video game play with women, saying it was to …

SpaceX vows manned flight to space station is on track

AFP - 8h ago

Tech magnate Elon Musk's SpaceX vowed Monday to send its first astronauts into orbit on schedule next year -- part of a …

Markets rattled as Turkish lira dives

AFP - 15h ago

Turkey's troubled lira tumbled Monday to fresh record lows against the euro and dollar, piling pressure on stock markets …

Elon Musk says in talks with Saudis on taking Tesla private

AFP - 12h ago

Tesla chief executive Elon Musk disclosed Monday that he was in talks with Saudi Arabia's sovereign wealth fund and …

Netflix CFO leaving TV streaming titan

AFP - 22h ago

Netflix chief financial officer David Wells on Monday announced plans to hand his job off to a successor and then focus …

Saudis in talks to take Tesla private: Elon Musk

AFP - 4h ago

Tesla chief executive Elon Musk disclosed Monday he was in talks with Saudi Arabia's sovereign wealth fund and other …

Turkey lira crisis highlights emerging currencies plight

AFP - 16h ago

Much of the Turkish lira's plight may be homegrown, but it shares some key vulnerabilities with other emerging countries …

Why has Turkey's currency fallen so sharply?

AFP - Aug 13 2018

Turkey's lira has bled value against the dollar, leaving the country under President Recep Tayyip Erdogan facing its …

Turkey fails to halt lira carnage, Erdogan slams 'stab in back'

AFP - 18h ago

Turkey's central bank on Monday failed to halt the precipitous plunge of the lira with a raft of measures aimed at …

Turkey attempts to calm markets as lira hit again

AFP - 1h ago

Turkey's central bank on Monday sought to calm markets rattled by the precipitous plunge of the Turkish lira as a …

Markets rattled as Turkish lira dives to record lows

AFP - 2h ago

Turkey's troubled lira tumbled Monday to fresh record lows against the euro and dollar, sending stock markets sliding on …

Five things to know about Bayer and Monsanto

AFP - 18h ago

A cancer victim's surprise court victory over US pesticide maker Monsanto could open the floodgates to a slew of similar …

Turkey tries to calm markets as lira hit again

AFP - 1h ago

Turkey's central bank announced Monday a raft of measures aimed at calming markets rattled by the precipitous plunge of …

Investors shun Bayer stock over US pesticide ruling

AFP - 15h ago

Investors fled shares in German chemicals and pharmaceuticals giant Bayer Monday, fearing a massive damages ruling …

Iran offers discount oil to Asia

AFP - 1h ago

Iran is selling oil and gas at a discount to Asian customers as it prepares for the return of US sanctions, state news …

Turkish lira hammered again as crisis spills into Asian markets

AFP - 2h ago

Asian and European markets tumbled and the Turkish lira dived almost eight percent Monday on fears that the economic …

Bayer shares plunge after Monsanto cancer ruling

AFP - 6h ago

Shares in German chemicals and pharmaceuticals giant Bayer tumbled more than 10 percent as markets opened Monday, as …

Turkey seeks to calm markets as lira slumps again

AFP - 3h ago

Turkey's central bank announced Monday a raft of measures aimed at calming markets rattled by the precipitous plunge of …

Turkey central bank ready to take 'all necessary measures' for stability

AFP - 2h ago

Turkey's central bank on Monday announced it was ready to take "all necessary measures" to ensure financial stability …

Turkey pledges lira action to calm markets

AFP - 4h ago

Turkey has vowed to take measures later Monday to calm market fears sparked by the precipitous plunge in the lira's …

Threat from on high: race on to bolster drone defences

AFP - 23h ago

From hand-held copters that zoom around the living room to high-speed craft offering the sensation of flying over the …

Corruption scandal in Argentina fells titans of business

AFP - Aug 13 2018

Records kept in notebooks of the kinds used by schoolchildren are bringing down titans of Argentina's industry in a …