Business and Tech

Experts to criticize US aviation authority over 737 MAX: source

AFP - 2m ago

A panel of global civil aviation authorities is expected to criticize the US Federal Aviation Administration's approval …

Almost 50,000 GM workers on strike, auto-maker shares slide

AFP - 57m ago

Almost 50,000 US auto workers went on strike on Monday in a pay dispute with General Motors, the largest industrial …

Almost entire population of Ecuador has online data leaked

AFP - 1h ago

Almost the entire population of Ecuador had their personal data leaked online, security experts said Monday, a massive …

OxyContin maker Purdue files for bankruptcy in bid to settle opioid cases

AFP - 1h ago

Purdue Pharma has filed for bankruptcy in a settlement aimed at preventing further legal action over painkiller …

Oil prices rocket as drone attack slashes Saudi output

AFP - 1h ago

Crude prices took historic leaps on Monday, as investors reacted to the sudden loss of Saudi oil production capacity …

Nexstar wins approval for Tribune Media in latest consolidation

AFP - 2h ago

US regulators Monday approved a deal allowing Nexstar Media Group's $6.4 billion deal to buy Tribune Media and become …

After losing 'Friends,' Netflix buys rights to 'Seinfeld'

AFP - 2h ago

Streaming giant Netflix said Monday it had acquired the global rights to popular American sitcom "Seinfeld" from 2021 -- …

Qatar announces new residency scheme for investors

AFP - 3h ago

Qatar announced Monday it will grant residency to foreign investors for the first time, state media reported, the latest …

Facebook to stop news headline changes from advertisers

AFP - 3h ago

Facebook said Monday it is working to stop advertisers from changing headlines in links to news stories after concerns …

Weapons used in Saudi attacks 'came from Iran', says coalition

AFP - 4h ago

The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening …

Google expected to unveil new Pixel phone on Oct. 15

AFP - 2h ago

Google on Monday sent out invitations to an October 15 event starring "things Made by Google," with a new Pixel …

Greece requests early IMF repayment: PM

AFP - 5h ago

Greece on Monday officially requested to repay part of its IMF loans beforethe maturity date, the prime minister said, …

Weapons used in Saudi attacks 'came from Iran': coalition

AFP - 2h ago

The weapons used to strike Saudi oil facilities were Iranian-made, the Riyadh-led coalition said Monday, heightening …

Winners and losers from Saudi drone attacks

AFP - 6h ago

Drone attacks on key Saudi oil facilities have halved crude output from OPEC's biggest exporter, catapulting oil prices …

Yemen rebels threaten new attacks on Saudi oil sites

AFP - 9h ago

Yemen's Iran-backed Huthi rebels, who claimed responsibility for devastating weekend attacks on Saudi oil facilities, …

EU urges US to 'make deal' in Airbus-Boeing row

AFP - 9h ago

The EU on Monday urged the US to make a deal to end a 15-year long Airbus-Boeing row, just days before Washington is …

Saudi on track to partly restore oil output as market quakes

AFP - 8h ago

Saudi Arabia is believed to be on track to quickly restore at least a third of its oil production lost to devastating …

US hints at military response to Saudi attacks as oil prices surge

AFP - 3h ago

Oil prices made their biggest jump since the Gulf War on Monday after President Donald Trump warned that the US was …

Aldi to expand in UK, creating 5,000 jobs

AFP - 11h ago

German supermarket giant Aldi on Monday said it planned to open more than 100 UK stores over the next two years, …

Some 46,000 General Motors auto workers strike in US

AFP - 5h ago

The United Auto Workers union began a nationwide strike against General Motors on Monday, with some 46,000 members …

Oil prices rocket on slashed Saudi output

AFP - 2h ago

Brent crude surged by 20 percent Monday -- the biggest gain since the 1991 Gulf War -- after weekend drone attacks on …

Purdue files for bankruptcy in bid to settle opioid crisis cases

AFP - 7h ago

Purdue Pharma has filed for bankruptcy in a settlement agreement in a move it hopes will head off further legal …

No more for me: S. Korean beer imports from Japan plunge 97%

AFP - 14h ago

South Korean imports of Japanese beer slumped almost to zero last month in the face of a consumer boycott sparked by a …

Oil prices surge after attacks slash Saudi output

AFP - 2h ago

Oil prices saw a record surge Monday after attacks on two Saudi facilities slashed output in the world's top exporter by …

Chinese dairy giant eyes takeover of Australia's Bellamy's

AFP - 14h ago

Chinese dairy company Mengniu announced Monday it had made a takeover offer for Australian infant formula producer …

Oil prices surge after attacks hammer Saudi output

AFP - 43m ago

Oil prices saw a record surge Monday after attacks on two Saudi facilities slashed output in the world's top exporter by …

Purdue says files for bankruptcy in bid to settle opioid crisis cases

AFP - 1h ago

Purdue Pharma is to file for bankruptcy in a settlement agreement that it hopes will provide more than $10 billion to …

China's economy strains under disappointing data

AFP - 16h ago

China's economy showed more signs of strain Monday as the country published weak data for industrial output, investment …

Johnson the Brexit 'Hulk' finally meets EU's Juncker

AFP - 49m ago

Six weeks after he took office and six weeks before he is due to lead Britain out of the European Union, Prime Minister …

In Ethiopia, busted VW Beetles 'pimped out' for hip youth

AFP - 16h ago

When Robel Wolde bought a beat-up 1967 Volkswagen Beetle from a friend for 50,000 Ethiopian birr (about 1,540 euros, …

VW settles Australia emissions cheating scandal

AFP - 17h ago

Volkswagen has agreed to pay up to Aus$127 million ($87.3 million) to settle multiple class action suits brought by …

Oil prices soar more than 10% after Saudi plant attacks

AFP - 32m ago

Oil prices surged more than 10 percent Monday after attacks on two Saudi Arabian plants that slashed output in the …

US 'locked and loaded' after Saudi attacks as oil prices surge

AFP - 8h ago

President Donald Trump said Sunday the US is "locked and loaded" to respond to attacks on Saudi oil infrastructure that …

General Motors auto workers call strike in US

AFP - 2h ago

The United Auto Workers union called a nationwide strike against General Motors Sunday, with some 46,000 members set to …

Blame game as wheels come off India's auto sector

Sep 15 2019

When India's Finance Minister Nirmala Sitharaman claimed that a preference by millennials for ride-hailing apps was …

Trump says US 'locked and loaded' to respond to Saudi oil attack

Sep 15 2019

President Donald Trump said Sunday the US is "locked and loaded" to respond to an attack on Saudi oil infrastructure …

Saudi races to restore oil supply, strike blamed on Iran

Sep 15 2019

Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by …

'IT' stays atop box office but 'Hustlers' draws raves

Sep 15 2019

Horror film "IT Chapter Two" stayed atop the North American box office this weekend, but the buzzy new Jennifer Lopez …

GM auto workers decide to go on strike in US: union

Sep 15 2019

The United Auto Workers union called a strike against General Motors Sunday, with some 46,000 members set to walk off …

Saudi races to restore oil supply after strike blamed on Iran

Sep 15 2019

Saudi Arabia raced on Sunday to restart operations at oil plants hit by drone attacks which slashed its production by …

Saudi Arabia battles market jitters after oil plant attacks

Sep 15 2019

Saudi energy giant Aramco is battling to reassure markets after devastating attacks on two oil plants, where a prolonged …

Maintenance workers strike at GM plants in US

Sep 15 2019

Some 850 maintenance workers went on strike Sunday at General Motors plants in Michigan and Ohio amid an impasse in …

Saudi bourse slumps after oil facility attacks

Sep 15 2019

Saudi shares slumped at the start of trading Sunday, the first session after drone attacks on two major oil facilities …

Generation healthy: alcoholic seltzer craze sweeps US

Sep 15 2019

Health-conscious American millennials have found their drink of choice: alcoholic carbonated water that is lower in …

YouTube 'creators' fret over impact of new child protection rules

Sep 15 2019

Samuel Rader quit his job three years ago to work full time on his YouTube channel, "Sam and Nia," featuring videos of …

Large US banks sweating the move to lower interest rates

Sep 15 2019

President Donald Trump's attacks on the US Federal Reserve make financial markets cringe, but his demand for zero …

The perennial problem of Italy's agro-mafia

Sep 15 2019

Thousands of exploited workers who are paid a pittance to work in unacceptable conditions: welcome to the dark side of …

The big business of classic TV for streaming giants

Sep 15 2019

How many hundreds of millions of dollars would you pay for reruns of "Friends," the American version of "The Office" or …

Bolivia, with huge untapped reserves, gears up for soaring lithium demand

Sep 15 2019

Over 3,600 meters above sea level on the blinding white plain of the world's largest salt flat, landlocked Bolivia is …

US Fed to cut rates again as optimism is tested

Sep 15 2019

Facing a dauntingly uncertain economic horizon and ceaselessly pelted with insults and demands for stimulus from the US …

YouTube settlement latest in struggles over children

Sep 15 2019

A settlement requiring Google-owned YouTube to pay $170 million and change how they serve up ads on videos aimed at …

Drones hit Saudi Aramco plants, disrupting oil flow

Sep 14 2019

Saudi Arabia said Saturday it was ready to respond to drone attacks claimed by Iran-aligned Yemeni rebels on two major …

Yemeni rebel attacks pose danger to Saudi infrastructure

Sep 14 2019

Drone attacks launched by Yemeni rebels on Saudi oil facilities on Saturday have exposed the threat to critical …

Protests against German car industry rev up in Frankfurt

Sep 14 2019

Thousands of protesters, many on bicycles, gathered in the southern German city of Frankfurt Saturday to protest outside …

Yemeni rebel drones spark fires at two Saudi Aramco oil facilities

Sep 14 2019

Drone attacks launched by Iran-linked Yemeni rebels sparked fires at two Saudi Aramco oil facilities Saturday, prompting …

Zimbabwe sees thaw in chilly ties with West

Sep 14 2019

Zimbabwe's frosty relations with Western powers are thawing despite tensions caused by a brutal repression of protests, …

Siemens, Orascom to rebuild vast Iraq power plant

Sep 14 2019

Iraq on Saturday signed a $1.3 billion deal with German industrial conglomerate Siemens and Egypt's Orascom Construction …

Iran inks deal to develop gas field in tense Gulf

Sep 14 2019

Two Iranian companies signed a $440 million agreement Saturday to develop a gas field in the sensitive Gulf, with the …

Drones spark fires at two Saudi Aramco oil facilities

Sep 14 2019

Drone attacks sparked fires at two Saudi Aramco oil facilities early Saturday, the interior ministry said, in the latest …

Water or Gold? Eternal question nags Ecuador tribes

Sep 14 2019

The indigenous people of Ecuador's wind-whipped alpine tundra of Quimsacocha face a stark choice, according to their …

In Ivory Coast, telemedicine revolution proves blessing for heart patients

Sep 14 2019

Every time Catherine Coulibaly's 19-year-old son had to make a routine appointment with the cardiologist for his heart …

Sacklers accused of moving fortune to Swiss banks

Sep 14 2019

Investigators have found at least one billion dollars in wire transfers between the wealthy Sackler family, accused of …

PayPal cautious about future of Libra cryptocurrency

Sep 14 2019

PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the …

Pound jumps on Brexit hopes as global stocks firm

Sep 14 2019

The British pound hit a seven-week high against the dollar Friday amid easing fears of a no-deal Brexit.

Disney chief exits Apple board as firms become streaming rivals

Sep 14 2019

Disney chief Bob Iger resigned from Apple's board of directors as the companies are poised to launch rival online …

Cinema subscription service MoviePass to shut down

Sep 13 2019

The owner of cinema subscription MoviePass said Friday it was shutting down the service which allowed users to see as …

London Fashion Week opens under Brexit cloud

Sep 13 2019

London Fashion Week got under way on Friday, launching spring/summer 2020 collections under a Brexit cloud and in the …

PG&E announces $11 bn settlement in deadly California fires

Sep 13 2019

Bankrupt US utility company Pacific Gas and Electric announced Friday it has reached an $11 billion settlement with …

Panel steps up US antitrust probe with Big Tech request

Sep 13 2019

A US congressional panel stepped up its antitrust probe of four Big Tech firms on Friday with a wide-ranging request for …

US puts sanctions on N.Korea hacking groups behind major thefts

Sep 13 2019

The US Treasury on Friday placed sanctions on three North Korea government-sponsored hacking operations which it said …

KLM to replace Brussels flight with train to cut emissions

Sep 13 2019

Is it a bird, is it a plane? No, says Dutch airline KLM, when it comes to one of its shortest routes, it will soon be a …

Gloves come off at ECB as stimulus fuels divisions

Sep 13 2019

Central bank chiefs of Germany and the Netherlands hit out on Friday at ECB chief Mario Draghi for unleashing a huge …

US, Brazil press private sector in Amazon

Sep 13 2019

The United States and Brazil, the two major critics of the Paris climate accord, said Friday they would promote …

Stormclouds gather for Facebook's Libra currency

Sep 13 2019

International outcry is mounting over Facebook's Libra -- with central banks, governments and regulators railing against …

London Stock Exchange rejects £32bn Hong Kong takeover bid

Sep 13 2019

The London Stock Exchange Group on Friday turned down a takeover bid by the Hong Kong Stock Exchange, citing …

Bundesbank chief slams ECB's Draghi for 'overshooting the mark'

Sep 13 2019

The head of Germany's Bundesbank on Friday hit out at ECB chief Mario Draghi for "overshooting the mark" with his huge …

WeWork trims CEO powers ahead of Wall Street debut

Sep 13 2019

WeWork announced plans Friday to reduce the power of the co-founder and chief executive of the office-sharing giant as …

China to exempt US pork and soybeans from added tariffs: state media

Sep 13 2019

China said Friday that some high-profile US agricultural products including pork and soybeans will be exempt from added …

Germany feels eurozone pressure to boost spending

Sep 13 2019

Germany faced renewed pressure on Friday to boost public spending and help revive a sputtering European economy, a day …

US retail sales jump 0.4% in August on gains in autos, online

Sep 13 2019

Solid gains in auto sales and online shopping in August spurred another big increase in US retail sales last month, …

Pound jumps on Brexit hopes as global stocks firmer

Sep 13 2019

The British pound hit a seven-week high against the dollar Friday on easing fears of a no-deal Brexit.

AB InBev revives plans for $5 bn Hong Kong IPO: report

Sep 13 2019

The brewing giant behind brands like Stella Artois and Budweiser has revived plans to raise $5 billion through an IPO in …

Germany under fresh pressure to boost spending

Sep 13 2019

Germany faced fresh pressure on Friday to boost public spending and help revive a sputtering European economy, a day …

Google agrees nearly 1 bn euro tax settlement with France

Sep 13 2019

US internet giant Google has agreed a settlement totalling 965 million euros ($1.07 billion) to end a tax dispute in …

Google will promote original reporting with algorithm change

Sep 13 2019

Original reporting will be highlighted in Google's search results, the company said as it announced changes to its …

Asian markets rally on growing trade hopes and ECB easing

Sep 13 2019

Equities rose in Asian trade Friday after the European Central Bank unveiled a fresh round of economic stimulus and …

Asian markets boosted by fresh trade hopes and ECB easing

Sep 13 2019

Equities rose in Asian trade Friday after the European Central Bank unveiled a fresh round of economic stimulus and …

US wants to make 'meaningful progress' in China trade talks

Sep 13 2019

US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin …

Google agrees 945-mn-euro tax settlement with France

Sep 12 2019

US internet giant Google has agreed a settlement totalling 945 million euros ($1.0 billion) to end a tax dispute in …

North American trade deal must be 'greatly improved': top Democrat

Sep 12 2019

Much work remains before Democrats will be ready to vote on a new North American trade pact, the speaker of the US House …

ECB stimulus lifts stocks as euro rallies after initial stumble

Sep 12 2019

European stock markets rose on Thursday after the ECB unveiled a massive stimulus program and cut interest rates to …

Google employees free to express views under settlement with US

Sep 12 2019

Google said Thursday said it will remind workers they are free to express views on "workplace issues" as part of a …

IMF to discuss loan status with Argentina finance minister: official

Sep 12 2019

IMF officials will meet with the economic team from crisis-hit Argentina later this month to review the status of the …

France's Piketty bashes billionaires in new 1,200-page book

Sep 12 2019

Reform or face ruin: the surprise literary sensation of 2013, French economist Thomas Piketty, returned with another …

ECB unveils 'big bang' stimulus while urging govts to share load

Sep 12 2019

European Central Bank chief Mario Draghi urged eurozone governments to spend more Thursday, while the Frankfurt …

France will block development of Facebook Libra cryptocurrency

Sep 12 2019

France warned Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it …

US wants to make 'meaningful progress' in China trade talks: Mnuchin

Sep 12 2019

US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin …

Oil producers pledge to respect cuts as market sags

Sep 12 2019

Oil producers pledged Thursday to comply with output cuts aimed at rebalancing the sagging market, but offered no …

Trump criticizes Fed for not 'acting quickly' as ECB

Sep 12 2019

President Donald Trump attacked the Federal Reserve again Thursday for not "acting quickly" like its European …

ECB stimulus lifts stocks, sends euro skidding

Sep 12 2019

The euro skidded lower while stocks climbed higher after the ECB unveiled Thursday a massive stimulus programme and cut …

Nearly 150 US business chiefs press Congress for action on guns

Sep 12 2019

Leaders of 145 top US corporations have called for passage of a law requiring background checks on all gun sales and …

ECB unveils hotly-awaited stimulus package

Sep 12 2019

European Central Bank governors overcame divisions Thursday to agree a "big bang" package of monetary easing measures, …