Business and Tech

France awaits results from Macron's pro-business push

AFP - 20h ago

Emmanuel Macron has watched his approval ratings plunge as voters wait for his pro-business reforms to pay off -- but …

Gazans at Egypt border seek to escape blockade

AFP - 20h ago

Separated from the impatient crowd by a flimsy barrier, Palestinian policemen read out names, their voices barely …

Saudi to host 'Davos in desert' despite outcry over slain journalist

AFP - 20h ago

Saudi Arabia will host a key investment summit on Tuesday, overshadowed by the killing of critic Jamal Khashoggi that …

China-backed hydro dam threatens world's rarest orangutan

AFP - 20h ago

A billion-dollar hydroelectric dam development in Indonesia that threatens the habitat of the world's rarest great ape …

At Jordan border, Damascus seeks to revive regional trade

AFP - 21h ago

By reopening a key land crossing with Jordan this month, the Syrian regime is inching towards a return to trade with the …

Older Americans delay - or defy - retirement

AFP - 22h ago

They tidy the baggage carts in airports, they sell clothes or work as cashiers in supermarkets at an age when their …

Germany urges global minimum tax for digital giants

AFP - 24h ago

German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime …

Italy's Salvini dismisses ratings downgrade, says outlook 'stable'

AFP - Oct 20 2018

Interior Minister Matteo Salvini on Saturday dismissed ratings agency Moody's decision to downgrade Italy's credit …

Next IMF loan will be 'the last': Pakistan finance minister

AFP - Oct 20 2018

Pakistan's finance minister promised Saturday to end the country's reliance on International Monetary Fund bailouts to …

Kidnapped Tanzanian tycoon Mohammed Dewji freed

AFP - Oct 20 2018

Tanzanian tycoon Mohammed Dewji, who was kidnapped earlier this month, said Saturday he had been released and had …

Vietnam dissident Khoi urges Facebook to protect freedom of expression

AFP - 1h ago

Mai Khoi, a dissident musician dubbed Vietnam's Lady Gaga, has appealed to Facebook's directors to safeguard freedom of …

Moody's downgrades Italy credit rating on debt, deficit concerns

AFP - 9h ago

Moody's has cut Italy's credit rating by a notch over concerns about plans for larger deficits and the high public debt …

Despite talk of equality, women bosses still rare in the US

AFP - Oct 20 2018

This year was touted as the year of women in politics in the United States, but in the business world, female bosses …

Banksy admits shredding stunt didn't go as planned

AFP - Oct 20 2018

Banksy has admitted that one of his biggest pranks yet didn't really go according to plan.

Leftist's party urges Brazil authorities to act on WhatsApp election messages

AFP - Oct 19 2018

The Workers Party of leftist Brazilian presidential candidate Fernando Haddad on Friday urged electoral authorities to …

IMF reaches deal with Ukraine on new $4 bn, 14-month loan

AFP - Oct 19 2018

The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that …

Global stocks mixed amid worries over China, Italy

AFP - Oct 19 2018

An early rally on Wall Street fizzled Friday as global bourses finished mixed amid a range of worries that included …

UK PM reassures business leaders over Brexit

AFP - 30m ago

Prime Minister Theresa May took pains on Friday to reassure more than 130 British business leaders that her government …

EU green lights talks to settle row with US over beef

AFP - 12h ago

EU member countries on Friday gave Brussels the green light to start talks with Washington aimed at ending a …

Europe, Asia back free trade in face of Trump's 'America first'

AFP - 9h ago

More than 50 European and Asian leaders backed free trade and the fight against climate change on Friday in a veiled …

Khashoggi crisis shines light on Saudi ties to Silicon Valley

AFP - Oct 19 2018

The crisis surrounding the disappearance of journalist Jamal Khashoggi, and concerns that he may have been killed in the …

European stocks lifted from doldrums by Wall Street

AFP - 5h ago

Eurozone equities received a late boost from rising US stocks to emerge almost unscathed from Friday's session despite …

Daimler cuts 2018 profit forecast on diesel woes

AFP - Oct 19 2018

German luxury automaker Daimler on Friday again cut its profit outlook for 2018, warning that costs related to polluting …

Air France, unions reach deal to end costly pay dispute

AFP - Oct 19 2018

Air France management and unions announced Friday that they had reached a deal aimed at ending months of strikes that …

US existing home sales drop in September as mortgage rates rise

AFP - 20h ago

With mortgage rates on the rise, sales of US existing homes dropped sharply last month to the lowest rate in three …

China's Cosco to pump more money into Piraeus development

AFP - Oct 19 2018

Chinese shipping giant Cosco on Friday said it has ambitious plans for the Greek port of Piraeus, including boosting …

Spain backs new tax on internet giants in budget plan

AFP - 11h ago

Spain's socialist government approved Friday a new tax on big internet companies as part of its 2019 budget, hoping to …

Facebook hires British ex-deputy PM as global affairs head

AFP - Oct 19 2018

British former deputy prime minister Nick Clegg, a leading anti-Brexit advocate, said on Friday he would be starting a …

Eurozone stocks retreat on Italy woes, China slowdown

AFP - 2h ago

Eurozone equities slid Friday after Brussels slammed Rome over its 2019 budget plans, with sentiment hurt also by weak …

Procter & Gamble's profits rise despite currency drag

AFP - Oct 19 2018

Consumer goods giant Procter & Gamble plans more price hikes on several consumer products due to increasing material …

Cyprus refused to grant more time to rescue airline

AFP - Oct 19 2018

Cyprus turned down appeals from the country's ailing airline Cobalt for more time to find investors as it withdrew the …

Eurozone stocks retreat on mounting woes in Italy, China

AFP - 1h ago

Eurozone equities slid Friday after Brussels slammed Rome over its 2019 budget plans, with sentiment hurt also by weak …

Ryanair announces more deals with unions in Europe

AFP - Oct 19 2018

Ryanair on Friday said it has reached agreements with more unions across Europe, as the no-frills Irish airline looks to …

Merkel calls for free trade as EU, Asia meet

AFP - 3h ago

German Chancellor Angela Merkel issued a rallying call for free trade Friday as EU and Asian leaders met to unite in …

Ryanair inks new deals with unions in Europe

AFP - 53m ago

Ryanair has inked deals with more unions across Europe, the Irish no-frills airline said Friday as it looks to avoid …

Giorgio says Armani to stay independent

AFP - 4h ago

Italian fashion house Armani will stay independent, its founder and designer Giorgio Armani in an interview published …

China launches full-throated bid to boost confidence in stocks

AFP - 12h ago

China's top economic supremo on Friday led a coordinated drive by top financial officials to shore up confidence in the …

Toyota chief urges UK, EU to avoid no-deal Brexit 'at all costs'

AFP - 3h ago

The head of Toyota, who leads a group of Japanese automakers, on Friday urged Britain and the European Union to avoid a …

Asian markets mixed but Shanghai rebounds on officials' support

AFP - 1h ago

Asian markets were mixed Friday, with Shanghai bouncing back from early losses to end the week with a rally following a …

Volvo lorry sales keep on truckin' in US

AFP - 1h ago

With the US economy continuing to fire on all pistons sales by Swedish lorry maker Volvo Group rose by nearly a third in …

China launches full-throated bid to ease fears as markets fall

AFP - 1h ago

China's top economic supremo on Friday led a coordinated drive by top financial officials to shore up confidence in the …

New moon: China to launch lunar lighting in outer space

AFP - 14h ago

China is planning to launch its own 'artificial moon' by 2020 to replace streetlamps and lower electricity costs in …

France's Remy Cointreau in good spirits as cognac sales surge

AFP - 5h ago

French spirits group Remy Cointreau said Friday its sales grew by five percent in the first half of its 2018-19 …

China regulators deliver rare joint pep talk for worried markets

AFP - 4h ago

Three of China's top financial officials launched a coordinated attempt to shore up confidence in the country's stock …

Asian markets mostly down as global investors retreat

AFP - 4h ago

Asian markets sank once again on Friday as the global sell-off intensified, while Chinese growth slowed in the third …

China's GDP growth slows to 6.5 percent in third quarter

AFP - 14h ago

China's economy grew at its slowest pace in nine years in the third quarter, as a campaign to tackle mounting debt and …

Canada pot stores run out of supplies, more lineups

AFP - 14h ago

Day two of legal recreational cannabis in Canada on Thursday saw more long lineups outside pot stores and supply …

US authorities reel in StarKist in canned tuna scandal

AFP - 8h ago

The US crackdown on price fixing has netted another big fish in canned tuna, the Justice Department announced Thursday.

WhatsApp dirty tricks alleged in Brazil presidential race

AFP - 19h ago

Allegations of a dirty tricks campaign on WhatsApp dominated Brazil's presidential election race on Thursday, turning …

Global stocks fall on worries about Saudi Arabia, Italy

AFP - 6h ago

Global stocks mostly fell Thursday on a panoply of worries as varied as higher US interest rates, the diplomatic fallout …

EU slams Italy's 'unprecedented' deviation from budget rules

AFP - 18h ago

The European Commission on Thursday formally warned Italy that its budget plans for 2019 are a serious concern, …

Brazil vote frontrunner accused of illegal dirty tricks on WhatsApp

AFP - 18h ago

Brazil's leftist presidential candidate on Thursday accused his far-right rival Jair Bolsonaro of illegal dirty tricks …

Fed's Quarles upbeat about economy; rate policy on steady course

AFP - 8h ago

Despite some muddled signals on the economy, Federal Reserve governor Randal Quarles is upbeat about the growth …

Brazil presidential candidate blames Bolsonaro of illegal online dirty tricks

AFP - 33m ago

Brazil's leftist presidential candidate on Thursday accused his far-right rival Jair Bolsonaro of illegal dirty tricks …

US, Europe shun Saudi conference over Khashoggi

AFP - 15h ago

US Treasury Secretary Steven Mnuchin and senior ministers from Europe on Thursday pulled out of an investment conference …

Khashoggi fallout: Saudi conference no-shows

AFP - 23h ago

US Treasury Secretary Steven Mnuchin Thursday joined top US and European officials, as well as corporate chiefs, pulling …

EU leaders vow tough action on cyber attacks

AFP - 9h ago

EU leaders on Thursday condemned the attempted hack on the global chemical weapons watchdog and vowed to step up the …

Mass tax trickery cost Europe 55 bln euros: report

AFP - 4h ago

Two closely-related tax schemes have helped banks and investors avoid tax or even syphon cash directly out of European …

World equities can't shake rate rise blues

AFP - 5h ago

The world's main stock markets slipped Thursday as fears of rising US interest rates undermined any attempt at recovery …

Warsaw taxis hold anti-Uber go slow

AFP - 12h ago

Hundreds of taxis on Thursday drove at a snail's pace across the Polish capital Warsaw in protest at the ride-sharing …

European equities give up gains as Wall Street drops

AFP - 1h ago

Europe's stock markets gave up an early attempt to recover ground Thursday, trading lower as Wall Street opened down …

UK, French, Dutch ministers shun Saudi conference over Khashoggi

AFP - 3h ago

Senior ministers from Britain, France and the Netherlands on Thursday pulled out of a major investment conference in …

Billions lost to creatives who can't manage says Puttnam

AFP - 17h ago

"Brilliant" entertainment businesses are "falling like flies" because creatives do not know how to manage, the legendary …

Vietnam to ratify Pacific trade pact next month

AFP - 22h ago

Vietnam said Thursday it will ratify a sprawling Pacific trade pact that US President Donald Trump pulled out of last …

Passengers stranded as Cypriot airline goes bust

AFP - Oct 18 2018

Cyprus said Thursday it will pay to ensure hundreds of Cobalt Air passengers stranded on the holiday island can return …

Is Africa starting to choke on China's lending glut?

AFP - Oct 18 2018

It was a time for smiles and handshakes as the delegations from Sierra Leone and China Exim Bank sealed a loan to …

Facebook launches 'war room' to combat manipulation

AFP - Oct 18 2018

In Facebook's "War Room," a nondescript space adorned with American and Brazilian flags, a team of 20 people monitors …

European equities rise as investors shrug off risk factors

AFP - 3h ago

Europe's stock markets rebounded slightly Thursday but gains were capped by a "cocktail" of negative factors, dealers …

Postman, shopper, builder: In Japan, there's a robot for that

AFP - 8h ago

Forget the flashy humanoids with their gymnastics skills: at the World Robot Summit in Tokyo, the focus was on …

Linde shares soar on report of US ready to approve Praxair merger

AFP - 21h ago

Shares in German industrial gases maker Linde soared Thursday on a report that US anti-trust regulators were ready to …

Asian markets down with Fed set for more rate hikes

AFP - 1h ago

Asian markets resumed their downtrend on Thursday as investors contemplated more interest rate hikes by the Federal …

French minister pulls out of Saudi conference over Khashoggi

AFP - 5h ago

French Economy Minister Bruno Le Maire said Thursday he was pulling out of a major investment conference in Saudi Arabia …

UK PM says open to longer post-Brexit transition

AFP - 11h ago

Prime Minister Theresa May confirmed Thursday that Britain would consider extending the transition period after Brexit …

Asian markets dive with Fed set for more rate hikes

AFP - 1h ago

Asian markets resumed their downtrend on Thursday as investors contemplated more interest rate hikes by the Federal …

Surviving in Argentina as crisis causes layoffs

AFP - 12h ago

Bruno Di Mauro spends his days in a tent in front of the laboratory where he used to work, hoping that one day it will …

Asian markets head down with Fed rates set to rise more

AFP - 4h ago

Asian markets resumed their downtrend on Thursday as investors contemplated more interest rate hikes by the Federal …

Mass tourism sparks battle for Montmartre's soul

AFP - 14h ago

Inside a dark, low-ceilinged room once frequented by Picasso and Modigliani when they were still struggling artists, a …

Putin looks for reset with first visit to new Uzbek leader

AFP - 9h ago

Russian President Vladimir Putin starts his first state visit to Uzbekistan under new leadership on Thursday as the …

Canada becomes first major economy to legalize recreational cannabis

AFP - 14h ago

Canada on Wednesday became the world's first major economy to fully legalize cannabis, sparking celebrations as the …

Asia-Pacific finance ministers fret over US-China spat

AFP - 14h ago

The trade spat between the world's two largest economies -- China and the United States -- is imperilling the entire …

China not manipulating currency but lacks transparency, US says

AFP - 15h ago

Washington on Wednesday again declined to call China a currency manipulator but said the yuan's fall and Beijing's …

Two ex-Deutsche Bank traders convicted in Libor scandal

AFP - 11h ago

Two former Deutsche Bank traders were convicted of fraud on Wednesday for their roles in manipulating a benchmark …

EU demands more Brexit progress despite British PM's plea

AFP - 15h ago

EU leaders warned Wednesday there must be more progress in Brexit negotiations, despite hearing a personal plea by …

US Senate Democrats ask Trump to disclose Saudi financial ties

AFP - 12h ago

US senators on Wednesday urged Donald Trump and his company to publicly disclose any financial ties to Saudi Arabia, as …

Britain leads calls for EU action against hackers

AFP - 7h ago

British Prime Minister Theresa May will call on fellow EU leaders Thursday to take united action to punish cyber …

Further US rate hikes 'most likely' needed: Fed minutes

AFP - 13h ago

US central bankers see no reason to pause the current course of gradual rate hikes that have infuriated President Donald …

Global stocks mostly fall as Fed signals more US rate hikes ahead

AFP - 11h ago

Global stocks finished mostly lower on Wednesday amid lingering doubts about US interest rates and little sign of …

Global trade wars risk 'millions of jobs': WTO chief

AFP - 10h ago

Escalating trade wars "pose real risks" to the global economy, potentially threatening millions of jobs, head of the …

May presses EU on Brexit but offers no new plans

AFP - 2h ago

British Prime Minister Theresa May said Wednesday that "now is the time" to make a Brexit deal happen, but officials …

Public investment funds join call for independent Facebook chair

AFP - 8h ago

Four public investment fund officials on Wednesday joined a call to install an independent chairman at Facebook, saying …

Now is the time for Brexit deal, May tells EU

AFP - 1h ago

British Prime Minister Theresa May said Wednesday that "now is the time" to make a Brexit deal happen, as she arrived …

Pompeo suggests US may lift Turkey sanctions linked to pastor

AFP - 15h ago

US Secretary of State Mike Pompeo said Wednesday after talks in Ankara that Washington may now lift sanctions imposed on …

French trade union boss steps down in wake of 'label' scandal

AFP - 9h ago

A French trade union boss resigned Wednesday in the wake of reports suggesting he had hundreds of colleagues secretly …

Broadcaster urges football authorities not to leave market 'to criminals'

AFP - 15h ago

Broadcaster Eleven Sports says it will no longer show matches during the Saturday afternoon football blackout in the UK …

Canada legalizes marijuana for recreational use

AFP - 58m ago

Marijuana lovers celebrated the full legalization of the weed in Canada Wednesday as the nation embarked on a …

US tops WEF competitiveness ranking but obesity weighs on score

AFP - 10h ago

The United States has the world's most competitive economy, a World Economic Forum ranking showed Wednesday, but …

Stocks turn down as outlook darkens, confidence down

AFP - 5h ago

US stocks followed European stocks down Wednesday on stubborn worries over global trade and high oil prices, while an EU …

Swedish bank Nordea targeted in money laundering allegations

AFP - 11h ago

Sweden's financial crime unit said Wednesday it had received a complaint against Scandinavia's biggest bank, Nordea, for …

Facebook makes reality TV its new weapon for web supremacy

AFP - 36m ago

Facebook said Wednesday it was reviving the cult MTV reality show "The Real World" as its secret weapon to lure viewers …

Twitter releases 10 million tweets from foreign influence efforts

AFP - 10h ago

Twitter on Wednesday released data on foreign influence campaigns on its platform showing some 10 million tweets, mostly …

Merkel warns of no-deal Brexit danger as Europe meets

AFP - 3h ago

Germany's Chancellor Angela Merkel warned Wednesday that Europe must be prepared for a no-deal Brexit, as EU leaders …

European equities mostly drop as outlook darkens

AFP - 4h ago

European stocks mostly sank Wednesday on stubborn worries over global trade and high oil prices, but London rose after …