Business and Tech

As trade war rages, Trump flags fly out of China factory

AFP - 5m ago

As the China-US trade war rages, a factory set amid corn and mulberry fields in central China stitches together US and …

Scotland chosen as site for first British space port

AFP - 47m ago

The UK Space agency said Sunday that it had chosen a peninsula on Scotland's north coast as the site of the country's …

La Paz's colorful cable car system: no traffic and a great view

AFP - 49m ago

"Now I'm going to get to work faster!" exulted a smiling Rosa Lima, 52, one of the first passengers on a new cable car …

World needs 43,000 more planes in next 20 years: Boeing

AFP - 4h ago

The world needs to produce 43,000 new aircraft over the next two decades to meet booming demand, Boeing's CEO forecast …

UAE court dismisses criminal case against Abraaj equity boss

AFP - 15h ago

A United Arab Emirates court Sunday dismissed a criminal case against the head of embattled Abraaj private equity group …

Silicon Valley eyes Africa as new tech frontier

AFP - 19h ago

With its colourful hammocks and table tennis table, a new tech hub in the Lagos metropolis wouldn't look out of place …

Smelly skins make for fishy fashion in Kenya

AFP - 21h ago

Women sharpen their knives before setting about stinking piles of fish skins, flesh and bones that cover the floor at an …

Czech churches cry foul over Communist tax plan

AFP - 22h ago

Czech churches are up in arms against Communist Party plans to tax billions in compensation being paid by the state in …

China's 'Dallas Buyers Club' is surprise box-office hit

AFP - 22h ago

The screen portrayal of a cancer sufferer whose illegal import of foreign medicines into China spurred national policy …

US cyberthreat at 'critical point': US intelligence chief

AFP - Jul 14 2018

The threat of cyberattacks against the US is at a "critical point," the country's intelligence chief has warned, …

Ivanka Trump out of fashion at Canadian retailer

AFP - 10h ago

Ivanka Trump's clothing line is disappearing from the shelves of Canadian retailer Hudson's Bay Company, the firm says, …

Germany opens Opel probe in 'dieselgate' scandal

AFP - 19h ago

German authorities are investigating carmaker Opel as part of an inquiry into the "dieselgate" scandal that saw major …

Ukraine inks deal with Airbus to buy 55 helicopters

AFP - Jul 14 2018

Ukraine on Saturday signed a contract with France's Airbus to buy 55 of its civil helicopters for 555 million euros …

Aviation giants fly into Farnborough under Brexit cloud

AFP - Jul 14 2018

Top global plane makers land at the Farnborough airshow in England next week, hoping to pick up speed on demand for …

When fake news sparks violence: India grapples with online rumours

AFP - Jul 14 2018

India has been shaken by a spate of mob killings sparked by a hoax about child kidnappers spread on WhatsApp.

Activists debunk war-torn Syria's fake news

AFP - Jul 14 2018

Old images, fiction films and even video games have all been used to spread fake news stories in war-torn Syria -- …

Death by 'fake news': social media-fuelled lynchings shock India

AFP - Jul 14 2018

The smartphone footage shows the two blood-soaked men pleading for their lives. Moments later they were dead, two more …

Fake news: algorithms in the dock

AFP - Jul 14 2018

At the heart of the spread of fake news are the algorithms used by search engines, websites and social media which are …

First space tourist flights could come in 2019

AFP - Jul 14 2018

The two companies leading the pack in the pursuit of space tourism say they are just months away from their first …

Microsoft urges regulation of face-recognizing tech

AFP - Jul 14 2018

Microsoft's chief legal officer on Friday called for regulation of facial recognition technology due to the risk to …

Global stocks rise as pound gyrates on Trump Brexit comments

AFP - Jul 13 2018

US and European stocks rose modestly on Friday with investors mildly hopeful that China and the US can still settle …

Irish Silk Road suspect extradited to US: prosecutors

AFP - Jul 13 2018

A 30-year-old Irish man accused of working for now defunct "dark web" marketplace Silk Road has been extradited to the …

Big petroleum projects in Argentina face tiny challenge: a lizard

AFP - 7h ago

A tiny but critically endangered lizard found in Argentina's extensive Vaca Muerta petroleum field could pose a major …

Dutch court backs record 1.3 bn euro Ageas deal over Fortis

AFP - 8h ago

A Dutch court Friday ended a long-running saga over the 2008 dismantling of the Fortis bank insurance group, approving a …

Canadian court rebuffs tobacco firm in major damages suit

AFP - 6h ago

US cigarette maker Philip Morris suffered a setback Friday in a long-running suit when Canada's Supreme Court denied it …

Italy's Di Maio says parliamentary majority will reject EU-Canada trade deal

AFP - Jul 13 2018

Italy's deputy prime minister Luigi Di Maio said Friday that a majority in parliament would reject an EU-Canada free …

US lifts export ban on suppliers to China's ZTE

AFP - 22h ago

The United States on Friday formally lifted a crippling ban on exports to China's ZTE, rescuing the smartphone maker …

US banks see mixed profits, little trade war hit so far

AFP - 8h ago

Clients of giant US banks are increasingly nervous about growing trade tensions, but are not yet significantly …

US Fed sees tax cuts boosting spending, offsetting oil price rise

AFP - 9h ago

The US tax cuts will boost business and consumer spending this year, offsetting the hit to individual wallets from …

EU probes Alstom, Siemens rail merger

AFP - 8h ago

The EU launched an in-depth investigation Friday into the merger of the rail activities at Alstom, the state-controlled …

South Africa unveils super radio telescope

AFP - Jul 13 2018

South Africa on Friday unveiled a super radio telescope, a first phase of what will be the world's largest telescope in …

Embattled bike-sharing firm told to refund customer deposits

AFP - Jul 13 2018

Embattled bike-sharing firm oBike must refund customers' $4.6 million deposits, authorities have warned, after the …

US hedge fund demands $770m from S. Korea over Samsung merger

AFP - Jul 13 2018

A US hedge fund is demanding almost $800 million from South Korea at an international tribunal over the controversial …

China's trade surplus with US swells in June

AFP - Jul 13 2018

China's surplus with the United States hit a record last month, data showed Friday, adding to brewing tensions between …

China economic growth eased slightly in Q2: AFP poll

AFP - Jul 13 2018

Chinese growth slowed only slightly in the second quarter as the impact of the deepening trade conflict with the United …

Fighting 'fake news' with the law

AFP - 10h ago

Some countries are bringing in legislation to fight "fake news", a particular menace during election campaigning, but …

Brazil fighting fake news in the classroom

AFP - 16h ago

Brazil has taken a stand against the explosion of "fake news" stories swamping the internet by making media analysis …

Fake news: the media industry strikes back

AFP - 16h ago

The viral spread of hoaxes and misinformation ahead of the US election and Brexit referendum two years ago was a wake-up …

Apple launches $300 mn 'green' fund for China suppliers

AFP - 17h ago

Apple said on Friday it has established a fund to invest nearly $300 million over the next four years to connect its …

Asia markets on course for positive end to tough week

AFP - 17h ago

Most Asian markets rose again on Friday following a record close on Wall Street as trade war fears are tempered by hopes …

Global PC market grows for first time in 6 years: survey

AFP - 18m ago

The global personal computer market grew for the first time in six years in the second quarter of 2018, driven by …

J&J ordered to pay $4.69 bn damages in talc cancer case

AFP - 14h ago

US pharmaceutical giant Johnson & Johnson was Thursday ordered to pay out $4.69 billion in damages in a lawsuit …

Bulgaria edges closer to joining euro

AFP - 11h ago

Bulgaria, the European Union's poorest country, moved a step closer to joining the euro on Thursday.

Boeing, SpaceX unlikely to make manned flights to ISS in 2019

AFP - 7h ago

Boeing and SpaceX are unlikely to be able to send astronauts to the International Space Station (ISS) next year, …

US appeals judge's order allowing AT&T to buy Time Warner

AFP - 10h ago

The US Justice Department on Thursday appealed last month's ruling from a federal judge allowing AT&T to buy Time Warner …

World equities rebound despite trade war fears

AFP - 4h ago

Global stocks recovered Thursday, following the previous day's hammering on global trade war worries as investors looked …

Papa John's shares surge as founder exits for using slur

AFP - 7h ago

Shares of US pizza chain Papa John's International surged Thursday after embattled founder John Schnatter resigned as …

Fuel price riots in Haiti lay bare budget woes

AFP - 9h ago

Setting a budget is not the easiest exercise for wealthy countries in the best of circumstances. In impoverished Haiti, …

US Treasury chief moves to calm lawmakers' trade jitters

AFP - 8h ago

US Treasury Secretary Steven Mnuchin on Thursday worked to ease lawmakers' worries about President Donald Trump's …

New AFP chief wants big video push

AFP - 16h ago

Fabrice Fries, the new head of Agence France-Presse, said Thursday he wants to increase revenue by 30 million euros ($35 …

No trade talks unless US 'takes gun off' China's head: Beijing

AFP - Jul 12 2018

The United States should "take the gun off" China's head and start keeping its word in order to have useful talks on …

US pitches Europe its gas as alternative to Russia's

AFP - 12h ago

US Energy Secretary Rick Perry urged European nations Thursday to boost their imports of American liquified natural gas …

World equities rebound as trade war fears persist

AFP - -8m ago

Stock markets recovered Thursday, following on from the previous day's hammering on global trade war worries.

Norwegian posts surprise profit, sending shares flying

AFP - 11h ago

Norwegian Air Shuttle reported a hefty profit on Thursday, dramatically wrong-footing industry analysts who had expected …

Turkey's new finance supremo seeks to win over sceptical markets

AFP - Jul 12 2018

Turkey's new finance minister, the son-in-law of President Recep Tayyip Erdogan, on Thursday sought to reassure …

UK's Brexit plan called 'real blow' to City

AFP - Jul 12 2018

The British government's new blueprint for Brexit on Thursday drew a firm thumbs-down from the City, which warned it …

Dubai warns of action against China on Djibouti trade zone

AFP - 13h ago

Dubai threatened on Thursday to take legal action against China for building an international free trade zone in …

UK clears way for 21st Century Fox to buy Sky

AFP - Jul 12 2018

Britain on Thursday cleared the way for Rupert Murdoch's 21st Century Fox to take full control of pan-European TV giant …

UK's Brexit plan is 'real blow' to City

AFP - 3h ago

The British government's new blueprint for Brexit is a "real blow" to London's all-important finance sector as it will …

Indonesia to take controlling stake in massive gold, copper mine

AFP - 9h ago

Indonesia will take a controlling stake in one of the world's biggest gold and copper mines for $3.85 billion, the …

Equities, oil rebound as trade war fears persist

AFP - 1h ago

Stocks and oil markets recovered slightly Thursday, following on from the previous day's hammering on global trade war …

Parents can inherit dead daughter's Facebook account: German court

AFP - 10h ago

Germany's top court ruled Thursday that Facebook should grant a grieving mother access to her dead daughter's account, …

How a Macedonian town became a 'fake news' epicentre

AFP - 7h ago

Jovan got a pair of Nike sneakers and went on holiday to Greece, his reward for having helped turn the small Macedonian …

French carmaker PSA sales speed up on Opel takeover

AFP - 10h ago

French carmaker PSA on Thursday said its global car sales jumped in the first half by over 38 percent, driven by its …

Turkey's new finance supremo seeks to reassure rattled markets

AFP - 3h ago

Turkey's new finance minister, the son-in-law of President Recep Tayyip Erdogan, on Thursday sought to reassure …

EU slashes eurozone growth forecast on US trade war tensions

AFP - 7h ago

The EU on Thursday slashed its growth forecast for the eurozone in 2018, warning that the rising trade tensions with the …

Indonesia to take majority stake in massive gold, copper mine

AFP - 2h ago

Indonesia will take a majority stake in one of the world's biggest gold and copper mines, the government said Thursday, …

ZTE shares surge 25% as US sanctions lift moves step closer

AFP - 6h ago

Shares in Chinese telecoms equipment maker ZTE surged more than 25 percent in Hong Kong on Thursday after the company …

Asian markets boosted by bargain buying as dollar climbs

AFP - 3h ago

Asian markets on Thursday recovered from the previous day's hammering, oil prices bounced and the dollar extended a …

World oil supply risks being 'stretched to limit': IEA

AFP - 12h ago

Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face …

Asian markets bounce on bargain buying as dollar extends rally

AFP - 16m ago

Asian markets on Thursday recovered from the previous day's hammering, oil prices bounced and the dollar extended a …

German court to rule on parents' access to dead daughter's Facebook

AFP - 4h ago

German judges will rule Thursday on Facebook users' "digital legacy", or the fate of their private data after they die, …

Before Trump, the long history of fake news

AFP - 15h ago

In capital letters and with an exclamation mark, "FAKE NEWS!" may have been popularised by Donald Trump in hundreds of …

The online battle for the truth

AFP - 12h ago

False information is saturating political debate worldwide and undermining an already weak level of trust in the media …

ZTE shares surge 22% as US sanctions lift moves step closer

AFP - 3h ago

Shares in Chinese telecoms equipment maker ZTE surged more than 20 percent in Hong Kong on Thursday after the company …

Broadcom buys business software firm CA for $18.9 bn

AFP - 11h ago

Semi-conductor giant Broadcom, which recently failed in a bid to buy US rival Qualcomm, on Wednesday announced a cash …

Trash piles up in US as China closes door to recycling

AFP - 12h ago

For months, a major recycling facility for the greater Baltimore-Washington area has been facing a big problem: it has …

Sky takeover battle heats up with new bids from Fox, Comcast

AFP - 12h ago

Comcast raised its bid for pan-European TV group Sky late Wednesday, topping an offer from 21st Century Fox made only …

Kylie Jenner, 20, on cusp of billionaire status: Forbes

AFP - 3h ago

Aged just 20 and the youngest member of the extended reality-TV Kardashian clan, Kylie Jenner is on track to become …

Comcast raises bid for Sky in takeover battle with Fox

AFP - 0m ago

US media giant Comcast raised its bid for pan-European TV group Sky late Wednesday, topping the latest offer from 21st …

Wimbledon 'Stat Pack' help explain the point

AFP - 13h ago

In subterranean bunkers at the All England Club, statisticians are churning out millions of data nuggets during the …

Turkey lira slumps to new record lows after Erdogan commments

AFP - 14h ago

Turkey's embattled lira slumped almost five percent to new record lows in value against the US dollar on Wednesday after …

OPEC data show Venezuela oil output in free fall

AFP - 6h ago

Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the …

US autoworkers urge Trump to take action on GM

AFP - 9h ago

A union leader is urging President Donald Trump to take action to get General Motors to protect jobs at an Ohio plant …

Stocks tumble as global trade war flares up

AFP - 6h ago

World stocks fell Wednesday after Washington threatened to hammer Beijing with tariffs on a further $200 billion of …

US near to lifting sanctions on ZTE

AFP - 2h ago

Chinese smartphone maker ZTE has taken one of the final steps needed to escape the severe sanctions that brought the …

Trump pursues hardline trade policies, despite costs

AFP - 6h ago

Unleashing another barrage of punitive trade tariffs on thousands more Chinese products, President Donald Trump has …

Pfizer reverses some drug price hikes after Trump tweet

AFP - 4h ago

Pfizer has reversed price increases on some drugs following White House pressure and the US drugmaker on Wednesday …

Disney to put live 'Overwatch' eSports matches on TV

AFP - 11h ago

Fans of the "Overwatch" video game will soon be able to watch competitions on television under a deal announced …

Twitter sweeps 'locked' accounts from follower tally

AFP - 10h ago

Twitter said Wednesday users are likely to see "follower" numbers drop as the service stops adding in potentially …

Brexit to create 3,500 finance jobs in Paris: industry group

AFP - 16h ago

Britain's moves towards exiting the European Union are already expected to create some 3,500 finance and banking jobs in …

Pfizer reverses some drug price hikes

AFP - 1h ago

Pfizer has reversed price increases on some drugs following White House pressure and the US drugmaker on Wednesday …

Canada's central bank raises key interest rate to 1.5%

AFP - 16h ago

The Bank of Canada on Wednesday hiked its benchmark interest rate to 1.5 percent, the first increase since mid-January, …

Google parent 'graduates' moonshot projects Loon, Wing

AFP - 16h ago

Google parent Alphabet announced Tuesday it was raising the profile of two "moonshot" projects -- one for drone delivery …

Canada coffee chain Tim Hortons to open 1,500 stores in China

AFP - 19h ago

Canadian coffee shop chain Tim Hortons announced Wednesday it will open more than 1,500 branches in China over the next …

California stands to suffer if US-China trade war worsens

AFP - 18h ago

Churning out everything from cars and computer chips to nuts and wine, California's mighty economy will suffer big time …

OPEC warns of trade war 'risks' for oil market

AFP - 11h ago

The OPEC cartel on Wednesday warned that global trade tensions could have a negative impact on the oil market by pushing …

Turkey jails mine bosses over 2014 disaster that killed 301

AFP - 10h ago

A Turkish court on Wednesday handed jail terms of up to 22 years to five top managers convicted of negligence over …

Time for 'reckoning' over China's WTO membership: US

AFP - 11h ago

The trade war between the world's top two economies landed at the World Trade Organization on Wednesday, as the United …

Libya resumes oil exports from key eastern ports

AFP - 5h ago

Libya is resuming oil exports from its eastern production heartland, its National Oil Corporation said Wednesday after a …

Markets tumble as global trade war flares up

AFP - 2h ago

World stock markets sank and the dollar rose Wednesday after Washington threatened to hammer Beijing with tariffs on a …

Fox raises Sky bid in battle with Comcast

AFP - 11h ago

Rupert Murdoch's 21st Century Fox on Wednesday increased its takeover offer for Sky, valuing the pan-European TV group …