Business and Tech

Jobs for the boys under fire in South Korea

AFP - 11m ago

In her year-long quest for a job, South Korean college graduate Casey Lee has faced a barrage of personal and …

'Working poor' abound in Spain despite economic recovery

AFP - 11m ago

Spain may be the EU's poster child for economic recovery, but impressive growth rates have failed to make a dent in the …

Labour woes force Japan to prise open door to migrant workers

AFP - 20m ago

Ageing Japan is reluctantly attempting to prise open its doors to migrant workers as it battles serious labour …

Energy firms dive in Asia after oil slump, broader markets slip

AFP - 24m ago

Asian energy firms took another battering on Wednesday after oil prices suffered their worst day in three years, while …

Resources giants ramp up calls for Australia carbon tax

AFP - 28m ago

Energy giant Woodside has joined the world's largest miners in calling for Australia to re-introduce a tax on carbon …

Facebook shuts more accounts aimed at political meddling

AFP - 17m ago

Facebook on Tuesday said it shut down more accounts aimed at influencing the US midterm election and that it is …

Cheers, fears as Amazon unveils HQ plan

AFP - 16m ago

It's exciting for some, worrisome for others: The arrival of a massive headquarters of technology giant Amazon in two …

Hopper, de Kooning hit new auction records in New York

AFP - 42m ago

Paintings by Edward Hopper and Willem de Kooning sold for nearly $92 million and $69 million respectively in New York on …

JUUL e-cigarette maker aims to curb youth appeal

AFP - 48m ago

E-cigarette maker JUUL announced Tuesday it is suspending in-store sales of various flavored products and scrapping its …

EU Trade Commissioner seeks to further talks with US

AFP - 1h ago

EU Trade Commissioner Cecilia Malmstrom arrived in Washington on Tuesday to further talks with the United States on a …

Tech stars see shares dim in eyes of investors

AFP - 57m ago

Technology companies that catapulted Wall Street to glorious heights have seen shares tumble on investor concerns that …

'Incomparable' $50 mn pink diamond smashes record at Geneva auction

AFP - 1h ago

An exceptionally rare pink diamond of nearly 19 carats fetched 50.3 million Swiss francs ($50 million, 44 million euros) …

Blinded in war, former Syrian fighter guides others with app

AFP - 1h ago

Years after losing his eyesight in battle, former Syrian rebel fighter Ahmad Talha hunches over his mobile phone in a …

Japan economy shrinks in Q3 as natural disasters hit

AFP - 1h ago

Japan's economy shrank in the three months to September, official data showed Wednesday, after a string of natural …

Fact-check: Does France put steep tariffs on US wine?

AFP - 2h ago

President Donald Trump accused France on Tuesday of unfairly hindering US wine exports by imposing higher tariffs on the …

Japan economy shrinks 0.3% in July-September

AFP - 1h ago

Japan's economy shrank in the three months to September, official data showed Wednesday, after a string of natural …

'Incomparable' pink diamond smashes record at Geneva auction

AFP - 2h ago

An exceptionally rare 19-carat pink diamond fetched $50 million (44 million euros) at auction in Geneva Tuesday, …

NASA wants people on Mars within 25 years

AFP - 5h ago

Deadly radiation from the cosmos, potential vision loss, and atrophying bones are just some of the challenges scientists …

New Amazon HQ split between New York, Washington suburbs

AFP - 6h ago

Amazon's "second headquarters" is being split between New York City and the Washington suburbs, the US tech giant …

Waymo to expand fledgling self-driving car service

AFP - 7h ago

A self-driving car service being tested by Alphabet-owned Waymo will be opened up to more people in the Phoenix, …

Bombardier clings to its last commercial aircraft line

AFP - 7h ago

Canadian manufacturer Bombardier said Tuesday it planned to hold onto its last commercial aircraft line -- the Canadair …

Italy set to defy EU with big-spending budget

AFP - 2h ago

Italy's populist government was set Tuesday to defy the European Commission, preferring the risk of financial sanctions …

Austria says won't host Iran sanctions-busting payments system

AFP - 3h ago

Austria has rejected hosting a special payment system designed to help EU countries trade with Iran despite US …

Trump advisor's Wall St criticism 'way off base': official

AFP - 9h ago

A top White House economic advisor on Tuesday publicly rebuked a fellow aide over firebrand speech attacking Wall …

Spain wants to ban sale of petrol and diesel cars from 2040

AFP - 5h ago

Spain said Tuesday it wants to outlaw the sale of new diesel and petrol cars from 2040, the latest European country to …

Trump to discuss trade war with Xi at G20 summit

AFP - 10h ago

US President Donald Trump and Chinese President Xi Jinping will discuss trade on the sidelines of a Group of 20 summit …

Angry 'yellow vests' are latest test for France's Macron

AFP - 10h ago

The land of protests has spawned a new resistance movement: the "yellow vests" claiming to stand up for persecuted …

Amazon announces new HQ split between New York, Washington suburbs

AFP - 1h ago

Amazon announced Tuesday it would split its "second headquarters" between New York City and a Washington suburb in …

Russia will boycott Davos if oligarchs kept out: PM

AFP - 12h ago

Russian Prime Minister Dmitry Medvedev warned on Tuesday that no delegation from his country would go to the Davos …

UK says 'small number' of issues remain for Brexit deal

AFP - 12h ago

EU officials published a contingency plan on Tuesday for a 'no-deal' Brexit as negotiators scrambled to secure agreement …

Italy to defy EU over big-spending budget

AFP - 2h ago

Italy's populist government was set Tuesday to defy the European Commission, preferring to risk financial sanctions …

Despite restrictions, digital spending hits record in US midterms

AFP - 3h ago

Even as online platforms tightened rules for political ads, digital spending set new records in the 2018 US midterm …

Wall Street titan Goldman Sachs 'cheated' Malaysia: PM

AFP - 14h ago

Goldman Sachs "cheated" Malaysia, its leader Mahathir Mohamad said, after two former bankers from the Wall Street titan …

Number of EU workers slides before Brexit: data

AFP - 14h ago

The number of EU workers in Britain sank in the third quarter by the largest amount since records began, official data …

European stocks rebound before Italy budget update, oil slumps

AFP - 12h ago

European stock markets rebounded on Tuesday, with all eyes on heavily indebted Italy, whose populist government is set …

May faces cabinet as Brexit deadline looms

AFP - 3h ago

Prime Minister Theresa May on Tuesday faced her divided ministers as negotiators scrambled to secure a divorce agreement …

After conquering the world, smartphone faces uncertain future

AFP - 3h ago

What is next for the smartphone, which has become the hottest-selling consumer device around the world in just over a …

OPEC trims oil demand forecasts

AFP - 8h ago

OPEC on Tuesday trimmed its global oil demand forecasts for this year and next, as kingpin Saudi Arabia tries to cut …

Bayer digs in over glyphosate as thousands of lawsuits loom

AFP - 20m ago

German chemicals and pharmaceuticals giant Bayer stuck Tuesday to a confident outlook for its integration of Monsanto …

Timeline for massive China-backed trade deal slips

AFP - 15h ago

The completion of the world's largest trade deal -- backed by Beijing and excluding the United States -- has been pushed …

Never without their smartphones: a global revolution

AFP - 14h ago

At the sharp end of conflict in Syria, in a schoolchild's bag in Kenya, whether fighting deadly diseases or studying …

S&P cuts Argentina debt rating

AFP - 8h ago

International ratings agency S&P said Tuesday it was cutting Argentina's rating by one notch because of an "erosion" in …

Most Asian markets down as tech, energy firms take a hit

AFP - 3h ago

Technology firms fell in Asia Tuesday, tracking a deep sell-off in New York where Apple was hammered by worries about …

Bayer confirms forecasts as Monsanto integration grinds on

AFP - 3h ago

German chemicals and pharmaceuticals giant Bayer confirmed its full-year forecasts Tuesday, after a solid performance in …

Magritte painting fetches $26.8 million in NY

AFP - 3h ago

A painting by Rene Magritte sold for $26.8 million Monday at a Sotheby's auction in New York, setting a record for a …

China-backed trade deal pushed back to 2019

AFP - 1h ago

A China-backed bid to complete the world's largest trade deal -- without the United States -- was pushed back to next …

Brazil meat magnate accused of bribery ordered released from jail

AFP - 13h ago

A court in Brazil ordered Monday the release of a meatpacking magnate arrested days ago as part of the wide-ranging …

Amazon picks New York, suburban Washington for new, split HQ: WSJ

AFP - 9h ago

Amazon has decided to split its new headquarters between New York City and a Washington suburb in Northern Virginia, The …

Vietnam's newest airline Bamboo gets aviation licence

AFP - 3h ago

Vietnam's newest carrier Bamboo Airways has been granted a licence to fly, officials and the airline said, paving the …

Cathay says 'most intense' period of data breach lasted months

AFP - 11h ago

The world's biggest airline data breach, affecting millions of Cathay Pacific customers, was the result of a sustained …

Smartphones: a double-edged sword for terrorists

AFP - 12h ago

Bombs and guns aside, a smartphone can be a powerful weapon in the hands of a terrorist -- but it can also provide …

Pence says US wants 'model' trade deal with Japan

AFP - 7h ago

Japan and the United States will negotiate a bilateral trade agreement that will serve as a "model" for other countries, …

Angola bets on largest-ever offshore oil investment

AFP - 10h ago

A column of flame emanates from the bow of the boat, illuminating the jet-black ocean for miles around.

Fighting wars and disease, smartphones on the frontlines

AFP - 5h ago

At the sharp end of conflict in Syria, in a schoolchild's bag in Kenya, whether fighting deadly diseases or studying …

French firm refurbishes earnings via old iPhones

AFP - 7h ago

One company in northern France is doing its profitable best to give an environmental makeover to smartphones, whose …

Italy to defy EU over big-spend budget

AFP - 6h ago

Italy's populist government was set Tuesday to defy the European Commission, preferring to risk financial sanctions than …

Smartphones raising a mentally fragile generation

AFP - 4h ago

San Diego State University psychology professor Jean Twenge sees smartphones and social media as raising an unhappy, …

Asian markets tumble as tech, energy firms take a battering

AFP - 4h ago

Technology firms led a plunge in Asian markets Tuesday, tracking a deep sell-off in New York where Apple tumbled on …

Facebook back up after Americas service interruption

AFP - 5h ago

Facebook users in the Americas were able to get back onto their profiles Monday afternoon, after the social media …

Rocket-maker ArianeGroup to cut 2,300 jobs

AFP - 4h ago

European aerospace and defence firm ArianeGroup is to cut 2,300 jobs by 2022 as orders tumble and development of a new …

Wall Street dives into the red while oil prices continue to slide

AFP - 14h ago

Wall Street crumbled Monday as fears for demand in the tech sector turned into a broader retreat from stocks while oil …

UN report finds violations of South Sudan arms embargo

AFP - 30m ago

A UN panel of experts has found violations of the arms embargo imposed on South Sudan, reporting to the Security Council …

Britain's Diageo sells drinks portfolio for $550m

AFP - 12h ago

British drinks giant Diageo announced Monday the sale of Seagram's VO whisky and 18 other brands to US firm Sazerac for …

German bank caught in DRC colonial land dispute

AFP - 9h ago

A German state-owned bank has found itself at the centre of a battle in the Democratic Republic of Congo over …

Oil prices advance as Saudi to cut output

AFP - 11h ago

Oil prices advanced Monday after crude kingpin Saudi Arabia unveiled plans to cut output in the face of global …

Trudeau sees steel/aluminium deal with US this month

AFP - 13h ago

Canadian Prime Minister Justin Trudeau hopes to reach a deal with the US to scrap customs duties for steel and aluminium …

51 states pledge support for global cybersecurity rules

AFP - 13h ago

Fifty-one states, including all EU members, have pledged their support for a new international agreement to set …

Saudi minister calls for 1 mln bpd global oil output cut

AFP - 3h ago

Saudi Arabia's energy minister called Monday for a global output cut of one million barrels per day to re-balance the …

France seeks global talks on cyberspace security

AFP - 1h ago

The French government announced Monday a "Paris Call" for talks to lay out a common framework for ensuring internet …

In China's Himalayas, a wine 'flying above the clouds'

AFP - 18h ago

A $300 bottle of wine sold in the United States and Europe is made in the unlikeliest of places: at the foot of the …

China mulls $720,000 fine for faking vaccine tests after scandal

AFP - 21h ago

Chinese vaccine manufacturers who falsify test results or break other rules could be fined up to $720,000 under a new …

Vietnam ratifies Pacific trade pact

AFP - 24h ago

Vietnam on Monday became the seventh country to ratify a sprawling Pacific trade pact set to come into effect later this …

Call for open markets as world leaders gather in Singapore

AFP - 19h ago

Singapore's prime minister made an impassioned plea Monday for open markets and warned "political pressures" were …

Oil price climbs after Saudi Arabia announces production cuts

AFP - 2h ago

Oil prices climbed on Monday as the world's biggest supplier Saudi Arabia announced plans to cut production, in the face …

Crazy in love? The Japanese man 'married' to a hologram

AFP - 21h ago

Akihiko Kondo's mother refused an invitation to her only son's wedding in Tokyo this month, but perhaps that isn't such …

SoftBank unveils massive $21 bn IPO of Japan mobile unit

AFP - 19h ago

Telecoms giant SoftBank will list shares in its Japanese mobile unit next month in a sale that could raise over $21 …

Asian markets start week on cautious note

AFP - 1h ago

Asian markets were largely flat on Monday following lacklustre US trading at the end of last week and as nervousness …

Ex-farm supervisor charged over Australia strawberry sabotage

AFP - 12h ago

Police investigating a major Australian strawberry needle contamination scare that sparked nationwide panic on Monday …

Alibaba hits another 'Singles Day' record but growth slows

AFP - 22h ago

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual "Singles Day" …

Oil producers see oversupply, call for new strategies

AFP - 14h ago

Major oil producers said Sunday that crude supply next year would outstrip demand, calling for new strategies based on …

Nigeria's new minimum wage: too much to ask?

AFP - Nov 11 2018

On the campaign trail for re-election in February, Nigeria's President Muhammadu Buhari may have spoken too soon when he …

Major oil producers to consider cuts after price slide

AFP - Nov 11 2018

Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices …

China-backed trade deal centre stage at summit as US retreats

AFP - Nov 11 2018

World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit …

'Ababis' and 'Star Wnrs': Knockoffs thrive in China e-commerce

AFP - Nov 11 2018

Sneakers on a popular Chinese e-commerce platform look like Adidas, but are branded "Ababis". Underwear resembling …

10 years after the recession, Americans wake up to rising prices

AFP - Nov 11 2018

After years of low, low prices, fed by near-zero interest rates in a convalescing economy, Americans are waking up to …

Queens neighborhood wary of Amazon coming to town

AFP - Nov 11 2018

New York's Long Island City, where Amazon is tipped to set up a new home, is a neighborhood in flux -- a construction …

Happiness on three wheels: China's parcel deliverymen

AFP - Nov 10 2018

Deftly weaving through peak-hour Beijing traffic on a three-wheeled bike, Nan Shan has no time to chat as he races to …

Ex-Goldman Sachs CEO met key figure in 1MDB scandal

AFP - Nov 10 2018

Former Goldman Sachs chief Lloyd Blankfein met with a man at the center of the 1MDB corruption scandal involving former …

Facebook stops requiring arbitration of sexual harassment claims

AFP - Nov 10 2018

Facebook on Friday said it will no longer require employees to resolve sexual harassment claims via arbitration, …

Trump calls court block on Keystone oil pipeline 'a disgrace'

AFP - Nov 09 2018

US President Donald Trump on Friday denounced a ruling by a federal judge to halt construction of the Keystone XL oil …

Oil prices, stock markets slide; dollar higher

AFP - Nov 09 2018

Global equities sank deeper into the red on Friday following dour economic news from China while a slump in oil prices …

French ad firm ousts exec at US subsidiary after reports of bad behavior

AFP - Nov 09 2018

French ad agency Havas ousted the chief creative officer of its US subsidiary after a report about the toxic culture at …

US court halts construction of Keystone XL oil pipeline

AFP - 1h ago

A US federal judge on Thursday halted construction of the Keystone XL oil pipeline, arguing that President Donald …

"Disney+" service a year away from streaming shows

AFP - Nov 09 2018

The Walt Disney Company will launch a "Disney+" streaming service in the United States late next year, boosting it with …

Brazil meatpacking magnate arrested in corruption probe

AFP - Nov 09 2018

Meat industry tycoon Joesley Batista was arrested by Brazilian police on Friday alongside two former agriculture …

Norway freezes defence export licences to Saudi

AFP - Nov 09 2018

Norway said Friday it was freezing all defence material export licences to Saudi Arabia over recent developments in the …

France grounds Ryanair plane to force subsidy repayment

AFP - Nov 09 2018

French authorities said on Friday they seized a Ryanair plane, forcing 149 London-bound passengers off the aircraft, to …

Thai businessman to buy Fortune magazine

AFP - Nov 09 2018

Thai businessman Chatchaval Jiaravanon agreed Friday to buy Fortune magazine for $150 million in the latest deal for …

Italy vows to keep euro, big-spending budget despite EU standoff

AFP - Nov 09 2018

Italy will not leave the eurozone, populist Deputy Prime Minister Luigi Di Maio said on Friday, despite a standoff with …

Belgium summons reinforcements in Colombia chip war

AFP - Nov 09 2018

Belgium, self-proclaimed inventor of the French fry or chip, urged Europe on Friday to help it fight a tariff slapped on …

French NGO threatens Facebook with privacy lawsuit

AFP - Nov 09 2018

A French NGO said Friday it was pursuing a class action suit against Facebook, saying the social network was violating …

Italy vows to keep euro despite Brussels standoff

AFP - 3h ago

Italy will not leave the eurozone, populist Deputy Prime Minister Luigi Di Maio said on Friday, despite a standoff with …