Business and Tech

Arrest of auto titan Carlos Ghosn: key dates

AFP - 36m ago

Carlos Ghosn has gone from heading a powerful auto alliance to occupying a Tokyo cell on allegations of financial …

Tesla CEO Elon Musk taunts US financial regulatory agency

AFP - 1h ago

Elon Musk, the CEO of Tesla, openly derided the US Securities and Exchange Commission in an interview aired Sunday, …

Ex-Nissan chief Ghosn set to be charged, face new allegations

AFP - 1h ago

Carlos Ghosn is expected to be charged and face new allegations of financial misconduct Monday, meaning the once-revered …

Carlos Ghosn: the 'cost killer' consumed by scandal

AFP - 1h ago

Brazilian-born Carlos Ghosn long stood out among the world's auto executives as a hard-nosed workaholic willing to take …

From shopping to tourism, French protests hit economy

AFP - 1h ago

Shops shuttered in the run-up to Christmas, chaos on the roads: France's "yellow vest" protests are dealing a blow to …

Heavy screen time appears to impact childrens' brains: study

AFP - 1h ago

Researchers have found "different patterns" in brain scans among children who record heavy smart device and video game …

Mexico's new president boosts Pemex budget by $3.7 bn

AFP - 2h ago

Mexico's new President Andres Manuel Lopez Obrador said Sunday he would reverse shrinking investment in the state oil …

Germany braces for train turmoil as workers strike Monday

AFP - 2h ago

Germany's state train operator Deutsche Bahn is bracing for severe disruptions Monday due to a nationwide railworkers' …

Top IMF economist predicts 'sharper' US slowdown in 2020

AFP - 4h ago

Americans will begin feeling the effects next year of a marked slowing in world economic growth but should be spared a …

China summons US ambassador over Huawei arrest

AFP - 7h ago

China summoned the US ambassador on Sunday to protest the arrest of a top executive from telecom giant Huawei in Canada, …

US sees 'hard deadline' for China trade negotiations

AFP - 7h ago

The US negotiator in charge of trade talks with China said Sunday he considers March 1 to be a "hard deadline" for …

Slow recycler Turkey seeks better uses for its trash

AFP - 11h ago

Turkish woman Tulay Gercek stands in front of a vending machine at a busy Istanbul metro station but instead of putting …

In Lebanon, empty flats raise fears of real estate collapse

AFP - 14h ago

Ghostly apartment blocks and half-built buildings dot Lebanon, as entrepreneurs and experts fear that the country's key …

Short, sharp shock of no-deal Brexit

AFP - 19h ago

A popular London wine merchant became the latest business last month to start stockpiling in case Britain splits from …

What next if UK MPs reject Brexit deal?

AFP - 20h ago

Prime Minister Theresa May appears likely to lose a historic vote on the Brexit deal she has struck with EU leaders in a …

The short, sharp shock of no-deal Brexit

AFP - 33m ago

A popular London wine merchant became the latest business last month to start stockpiling in case Britain splits from …

Pushed out, but Soros foundation won't give up on Hungary

AFP - 21h ago

The foundation started by US billionaire George Soros may have been forced to leave Budapest after the Hungarian …

In Mauritius, sugar cane means money, renewable energy

AFP - 20h ago

Far out into the Indian Ocean where it is forced to be self-reliant, the island nation of Mauritius is weaning itself …

Uzbekistan pulls out the stops for fine winemaking

AFP - 21h ago

As the warm, busy autumn becomes a distant memory and winter extends its grip over the Central Asian steppe, Uzbek grape …

Uber filed paperwork for IPO: report

AFP - 21h ago

Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal …

China summons Canada envoy over detained Huawei exec: state media

AFP - Dec 08 2018

China on Saturday summoned the Canadian ambassador over the "unconscionable and vile" detention of telecom giant …

Hungarian workers protest over 'slavery' law

AFP - Dec 08 2018

Thousands of Hungarian workers demonstrated in Budapest on Saturday against a change to the labour code proposed by …

China's surplus with the US hits new record in November

AFP - Dec 08 2018

China's trade surplus with the United States ballooned to a record $35.6 billion in November, official data showed …

China export growth slows in November: customs data

AFP - 1h ago

China's export growth slowed last month weighed down by slowing global demand and trade tensions with the United States, …

Huawei exec faces US fraud charges linked to Iran

AFP - Dec 08 2018

Chinese telecom giant Huawei's chief financial officer faces US fraud charges related to sanctions-breaking business …

Brazil denies Total license to drill near Amazon mouth

AFP - Dec 08 2018

Brazil's environmental regulator on Friday denied French oil giant Total a license to drill for crude in five blocks …

Huawei exec faces US fraud charges linked to Iran, bail hearing continues Monday

AFP - 41m ago

Chinese telecom giant Huawei's chief financial officer faces US fraud charges related to sanctions-breaking business …

US stocks tumble to end bruising week as OPEC deal lifts oil prices

AFP - Dec 07 2018

Wall Street closed out a bruising week on an ugly note on Friday as unease over the US-China trade war prompted another …

Facebook adds $9 billion to share buyback effort

AFP - 6h ago

Facebook said Friday it would add $9 billion to its stock buyback program, which could scoop up shares pummeled over the …

Huawei exec faces US fraud charges linked to Iran, court hears

AFP - 3h ago

Chinese telecom giant Huawei's chief financial officer faces US fraud charges related to sanctions-breaking business …

US Fed on quest for unicorn of monetary policy: the soft landing

AFP - Dec 07 2018

The US central bank is on a quest for a mythical goal: keeping steady economic growth without allowing inflation to …

New Italian spread targets chocolate Goliath Nutella

AFP - Dec 07 2018

Italian pasta and biscuit giant Barilla is to take on the might of Nutella with its own chocolate and hazelnut mix, a …

Oil prices surge as OPEC agrees joint 1.2 mn bpd cut with partners

AFP - Dec 07 2018

OPEC members and 10 other oil producing nations, including Russia, agreed Friday to cut output by 1.2 million barrels a …

Huawei executive facing extradition to appear at Canada bail hearing

AFP - 2h ago

Chinese telecom giant Huawei's chief financial officer was due to appear at a bail hearing Friday following an arrest …

European markets mostly rebound as oil stocks jump on supply cut

AFP - 4h ago

European stock markets mostly recovered on Friday, the end of an extremely volatile week, as petroleum-linked shares …

OPEC agrees joint 1.2 mn bpd cut with partners

AFP - 1h ago

OPEC members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a day in a bid to …

Canada job numbers higher on cannabis boost

AFP - Dec 07 2018

Canada's pot legalization helped to significantly boost job numbers in November and push the unemployment rate down 0.2 …

Survey shows ebbing confidence among US CEOs

AFP - Dec 07 2018

Sentiment among US corporate leaders declined for the third straight quarter, according to a survey released Friday, the …

EU should worry about Huawei, other Chinese firms: official

AFP - Dec 07 2018

The European Union and its citizens should be "worried" about telecoms giant Huawei and other Chinese firms that …

US job creation slows to 155,000 in November; unemployment 3.7%

AFP - Dec 07 2018

Job creation slowed unexpectedly in the United States last month as the service sector added fewer workers, but the …

OPEC and partners near deal over cuts in production

AFP - 1h ago

OPEC ministers presented a "final draft" of an agreement for oil production cuts to a meeting Friday with partner …

EU ministers raise privacy concerns in e-evidence bill

AFP - 14h ago

EU ministers raised concerns Friday about whether citizens' rights are protected in a bill aimed at speeding up …

Italy fines Facebook for selling users' data

AFP - Dec 07 2018

Italy's competition authority has fined Facebook 10 million euros ($11.3 million) for selling users' data without …

Nissan to recall 150,000 cars due to improper checks

AFP - Dec 07 2018

Nissan Friday announced plans to recall approximately 150,000 vehicles owing to improper tests on new units, dealing a …

European stock markets rebound at end of painful week

AFP - 5h ago

European stock markets recovered slightly on Friday, the end of an extremely volatile week, as investors weighed the …

Under fire Huawei agrees to UK security demands: report

AFP - Dec 07 2018

Embattled Chinese telecoms giant Huawei has agreed to British intelligence demands over its equipment and software as it …

OPEC, partners face stiff test to agree oil cut deal

AFP - 5h ago

OPEC ministers resumed talks Friday before further discussions with 10 key partner countries, including Russia, later in …

Huawei 'princess' becomes pawn in US-China trade row

AFP - 8h ago

As the daughter of the company's founder, Meng Wanzhou was known internally as the "princess" of telecoms giant Huawei …

Huawei arrest a 'despicable rogue' action: Chinese media

AFP - Dec 07 2018

Chinese state-run media on Friday condemned the arrest in Canada of a top executive of telecoms giant Huawei on a US …

Asian markets edge higher at end of painful week

AFP - 3h ago

Asian investors battled to finish a volatile week with some stability Friday as they weigh the outlook for China-US …

Revisions eyed for rushed Australia encryption law

AFP - 15h ago

Australia's top legal body on Friday warned of police and intelligence "overreach" after Canberra rushed through …

Japan to indict Nissan as well as Ghosn: report

AFP - 19h ago

Tokyo prosecutors have decided to indict Nissan as well as its former chairman Carlos Ghosn and another executive as …

Asian markets tentatively higher at end of volatile week

AFP - 4h ago

Asian investors battled to finish a volatile week with some stability Friday as they weigh the outlook for China-US …

Canada defends Huawei arrest after markets wobble

AFP - 4h ago

Canada on Thursday defended its arrest of an executive of Chinese tech giant Huawei on a US extradition request after …

Google moves to curb gender bias in translation

AFP - 12h ago

Google said Thursday it was tweaking its translation application with the goal of reducing gender bias.

OPEC and partners face steep challenge to reach oil cut deal

AFP - 7h ago

OPEC will meet with 10 partner countries, including Russia, on Friday to try to thrash out an agreement on oil …

Odebrecht boss says worst is over after vast corruption scandal

AFP - 13h ago

The reputation of Odebrecht, a Brazilian construction giant, has become linked with corruption after it admitted to …

Key landmark for US shale boom: Net exporter

AFP - 7h ago

For the first time in decades, the United States last week was a net exporter of crude oil and petroleum products.

China arrest another sign of Trump's disjointed diplomacy

AFP - 11h ago

When Donald Trump flew back from a summit with China in Buenos Aires, he hailed it as "amazing" and raised hopes of a …

Does the trade deficit hurt or help the US economy?

AFP - 6h ago

US President Donald Trump fervently denounces America's global trade deficit and accuses China's trade policies of …

Brazil court suspends Boeing-Embraer tie-up

AFP - 2h ago

A Brazilian federal court on Thursday suspended a proposed $4.75 billion tie-up between US aerospace giant Boeing and …

US trade deficit hits 10-year high on record imports

AFP - 19h ago

The US trade deficit hit a 10-year high in October as Americans used a stronger dollar to snap up record imports, the …

Dow cuts losses on report of Fed shift; trade hits European stocks

AFP - 3h ago

Brutal selling hit world stock markets Thursday as the arrest of a top Chinese executive revived US-China trade war …

Microsoft unveils facial recognition principles, urges new laws

AFP - 18h ago

Microsoft said Thursday it was adopting a set of principles for deployment of facial recognition technology, calling on …

Canada defends Huawei arrest as markets wobble

AFP - 4h ago

Canada on Thursday defended its arrest of an executive of Chinese tech giant Huawei on a US extradition request as …

Google launches AI-driven audio news feed

AFP - 18h ago

Google said Thursday it was launching a radio-style, on-demand audio news feed available on smart speakers, personalized …

Cuba finally rolls out mobile 3G, though too costly for most

AFP - 11h ago

Cuba became one of the last countries in the world to get 3G mobile internet services on Thursday, though most citizens …

Fiat Chrysler to open new plant in Detroit: report

AFP - 18h ago

Fiat Chrysler will open a new car factory in Detroit, adding up to 400 jobs to produce a popular SUV, according to a …

Millions of O2, SoftBank customers hit by glitch

AFP - 6h ago

UK mobile phone operator O2 and Japan's SoftBank said Thursday that tens of millions of their customers were unable to …

IMF's Lagarde: Don't see 'elements of recession' in near term

AFP - 14h ago

Despite some uncertainty and market volatility, the United States is not likely to see an economic contraction in the …

Arrest of tech exec signals tougher US stand on China tech firms

AFP - 6h ago

The arrest of a top executive of tech giant Huawei at the request of US authorities signals a toughening stand in …

Maduro announces $6 bn in Russian investments in Venezuela

AFP - 6h ago

Venezuela's President Nicolas Maduro announced $6 billion in Russian oil and gold mining investments in his …

Saudi Arabia says 'not confident' OPEC can reach agreement on cuts

AFP - 7h ago

OPEC members and other oil-producing countries may not be able to agree a reduction in output to help shore up plunging …

Syria president announces $9bn budget for 2019

AFP - 20h ago

Syria's president on Thursday announced a budget for 2019 of almost $9 billion, of which around a third has been …

Losses on Wall Street deepen amid trade war worries

AFP - 5h ago

Losses on Wall Street deepened in late-morning trade on Thursday as the arrest of a key Chinese executive at the urging …

Markets slump as Huawei arrest rekindles US-China trade fears

AFP - 4h ago

A wave of selling hit world stockmarkets Thursday after the arrest of a top executive at Chinese telecoms giant Huawei …

Toothed giant rips through Alps despite rail link protests

AFP - 8h ago

There is a fierce nip in the air outside, but inside the temperature is almost tropical and the further you advance into …

China's unbridled export of coal power imperils climate goals

AFP - 5h ago

Even as China struggles to curb domestic coal-fired power and the deadly pollution it produces, the world's top carbon …

Markets tumble as Huawei arrest rekindles US-China trade fears

AFP - 1h ago

World markets slumped Thursday as the arrest of a top executive at Chinese telecoms giant Huawei raised doubts over the …

US private hiring slows in November: ADP survey

AFP - 7h ago

Hiring by private US firms slowed in November and may have peaked, as companies that produce goods and services brought …

Lyft launches first step to take company public

AFP - 8h ago

Ride-hailing firm Lyft on Thursday launched the process to take the company public with a stock offering.

More belt-tightening at VW to fund electric new start

AFP - 9h ago

German car giant Volkswagen said Thursday it is looking for three billion euros ($3.8 billion) in new savings to help …

OPEC eyes output cuts as Trump calls for boost

AFP - 6h ago

OPEC members and other oil-producing countries mulled cuts in output Thursday to prop up plunging prices, defying …

Australia passes cyber snooping laws with global implications

AFP - 10h ago

Australia Thursday passed controversial laws allowing spies and police to snoop on the encrypted communications of …

France to introduce digital tax if no EU deal

AFP - 8h ago

France will forge ahead with its own tax on digital giants in 2019 if the EU fails to agree on how to get the likes of …

China to 'immediately' implement US trade truce measures

AFP - 8h ago

China said Thursday it would "immediately" implement measures agreed under a trade war truce with the United States -- …

Bad reception: Arrest adds to Huawei's global woes

AFP - 8h ago

The arrest of a top Huawei executive in Canada is the latest in a series of setbacks that have disrupted the Chinese …

China furious at Huawei executive's arrest in Canada

AFP - 8h ago

China reacted furiously Thursday after a top executive and daughter of the founder of Chinese telecom giant Huawei was …

Markets tumble, China tech scythed after Huawei arrest

AFP - 4h ago

Shares across Asia plunged Thursday, with Hong Kong and Shanghai-listed technology firms battered, after the arrest of a …

Juventus shares to be added to Italy's FTSE-Mib index

AFP - 8h ago

Italian soccer champions Juventus, challenging for an eighth consecutive title with superstar Cristiano Ronaldo onboard, …

Asian markets tumble, China tech scythed after Huawei arrest

AFP - 1h ago

Shares across Asia plunged Thursday, with Hong Kong and Shanghai-listed technology firms battered, after the arrest of a …

Asian markets tumble, China tech hit after Huawei arrest

AFP - 2h ago

Shares across Asia plunged Thursday, with technology firms in Hong Kong and Shanghai battered after the arrest of a top …

Top Huawei executive detained in Canada, angering China

AFP - 4h ago

A top executive and daughter of the founder of Chinese telecom giant Huawei has been arrested in Canada and faces …

Nissan hit by new inspection scandal after Ghosn arrest: report

AFP - 13h ago

Nissan plans to conduct another recall owing to "improper" tests on new vehicles, a newspaper said Thursday, dealing a …

Cuba scraps some private sector restrictions after backlash

AFP - 5h ago

Havana on Wednesday announced it was scrapping some tough new restrictions on the private sector that had been set to …

Shedding clothes and taboos, Mexican women learn to sext safely

AFP - 13h ago

Marytrini Aguilar, a 43-year-old Mexican woman with a stable marriage and two grown children, may not be what most …

Climate change offers sparkling prospects to English winemakers

AFP - 12h ago

With climate change pushing up temperatures, English winemakers are rubbing their hands as their sparkling wines start …

Facebook board backs embattled executive Sheryl Sandberg

AFP - 11h ago

The Facebook board of directors on Tuesday backed the social network's number two executive Sheryl Sandberg, who is …

WTO chief warns of economic danger of trade war

AFP - 11h ago

All countries will lose in a global trade war, the head of the world's trade referee warned in a speech on Wednesday.

OPEC meets as Trump calls for oil taps to be kept on

AFP - 9h ago

OPEC members and other oil-producing countries gather in Vienna on Thursday to discuss cutting output to prop up prices, …

The 'curve' that drives Wall Street crazy

AFP - 2h ago

The further it falls, the more Wall Street freaks out. The usually unremarkable "yield curve" made investors sit up and …

Chief financial officer of China's Huawei arrested in Canada

AFP - 3h ago

The chief financial officer of China's global telecommunications giant Huawei has been arrested in Canada and faces …