Business and Economy



Fuel to Air India jet engines cut off moments before crash: probe

AFP - 20m ago

Fuel control switches to the engines of an Air India flight that crashed shortly after takeoff, killing 260 people, were …

Boeing evades MAX crash trial with last-minute settlement

AFP - 5h ago

Boeing has reached a settlement with a man whose family died in a 737 MAX crash in 2019, a law firm told AFP on Friday, …

Stocks fall as Trump ramps up tariff threats

Jul 11 2025

European and US stock markets retreated Friday as US President Donald Trump ramped up his trade offensive, threatening a …

France probes X over claims algorithm enabled 'foreign interference'

Jul 11 2025

French police are investigating claims that social media network X, formerly known as Twitter, skewed its algorithm to …

Trump's tariff threats and delays: state of play

Jul 11 2025

US trading partners braced for a volley of tariff hikes this week, but a deadline for their imposition came and went as …

Trump threatens Canada with higher tariff, mulls further global levies

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said in a …

IEA sees anaemic global oil demand growth amid tariff turmoil

Jul 11 2025

Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff …

Stocks mostly fall as Trump ramps up tariff threats

Jul 11 2025

Stock markets mostly retreated Friday as US President Donald Trump ramped up his trade war, threatening a higher blanket …

The main moments of Paris Couture Week

Jul 11 2025

Paris Haute Couture Week has wrapped up after four days of shows that featured the end of an era at Balenciaga, the …

Defence, joint debt and farmers: EU draws budget battle lines

Jul 11 2025

When the European Union unveils its long-term spending proposals next week, it will kick off the bloc's biggest budget …

Danes reluctant to embrace retirement at 70

Jul 11 2025

On paper, Kirsten Evans is among the first group of Danes who have to wait until age 70 to retire with a full pension, …

London's Heathrow eyes higher fees for £10bn upgrade

Jul 11 2025

London's Heathrow Airport on Friday said it plans to invest £10 billion ($14 billion) over the next five years in …

Trump threatens Canada with 35 percent tariff rate starting Aug 1

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said …

Markets mixed as traders cautiously eye trade developments

Jul 11 2025

Stocks were mixed Friday as investors cautiously watched trade developments as US President Donald Trump's latest tariff …

China's economy likely grew 5.2% in Q2 despite trade war: AFP poll

Jul 11 2025

China's economy is expected to have expanded more than five percent in the second quarter thanks to strong exports, …

Traders brush off new Trump threats to extend stocks rally

Jul 11 2025

Stocks mostly rose Friday in Asia, tracking records in New York and London, as investors absorbed US President Donald …

Trump floats 15 to 20% blanket tariff on trading partners

Jul 11 2025

US President Donald Trump on Thursday said he was considering imposing a 15 or 20 percent blanket tariff on countries …

Why is Trump lashing out at Brazil?

Jul 11 2025

US President Donald Trump has announced a 50 percent tariff on Brazilian imports as he accused the country's leftist …

'Hurting more than ever': Immigration raids paralyze LA Fashion District

Jul 11 2025

At Cuernavaca's Grill, a Mexican restaurant in the Fashion District of downtown Los Angeles, owner Nayomie Mendoza is …

US targets attempts to dodge Trump tariffs with China in crosshairs

Jul 11 2025

As President Donald Trump ramps up tariff threats on US trading partners, his administration is taking aim at a tactic …

Trump says Canada to face 35 percent tariff rate starting Aug 1

Jul 11 2025

Canada will face a 35 percent tariff on exports to the United States starting August 1, President Donald Trump said …

Global stocks mostly rise, shrugging off US tariff threats

Jul 10 2025

Stocks largely rose on Thursday, with London striking a record high and US indices also edging to fresh new peaks, as …

Delta offers upbeat outlook on travel demand, lifting shares

Jul 10 2025

Shares of Delta Air Lines rocketed higher Thursday after the carrier reported better-than-expected profits and …

London stocks hit record high on tariff optimism

Jul 10 2025

Stocks largely rose on Thursday, with London striking a record high, as investors remained optimistic that governments …

Barry Callebaut cuts outlook as chocolate sales volumes melt away

Jul 10 2025

The world's top industrial supplier of chocolate, Barry Callebaut, revised its financial guidance lower on Thursday as …

Snap, crackle and pay: Ferrero to buy WK Kellogg for $3.1 bn

Jul 10 2025

The Ferrero Group will acquire US cereal mainstay WK Kellogg for $3.1 billion as the Italian food giant expands further …

Shein faces 150-mn-euro fine in France

Jul 10 2025

E-commerce giant Shein faces a possible 150-million-euro ($175-million) fine in France for failing to properly get …

Wall Street stocks stall, London hits record high

Jul 10 2025

Wall Street stocks dipped Thursday while London hit a record high as investors remain optimistic overall that …

EU opens new probe into TikTok data transfer to China

Jul 10 2025

An Irish regulator helping police European Union data privacy said Thursday it had launched an investigation into TikTok …

Volkswagen halts electric minivan exports to the United States

Jul 10 2025

German auto giant Volkswagen said Thursday it had suspended deliveries of its electric minivan ID. Buzz due to a …

Italy probes UK online bank Revolut for 'misleading' clients

Jul 10 2025

Italy's competition watchdog said Thursday it had opened an investigation into UK online bank Revolut over "misleading" …

Stocks rise on tariff optimism, London hits record high

Jul 10 2025

Stock markets mostly rose Thursday on optimism that governments would reach deals to avoid US tariffs, with London …

EU unveils recommendations to rein in powerful AI models

Jul 10 2025

The EU unveiled on Thursday long-delayed recommendations to rein in the most advanced AI models such as OpenAI's ChatGPT …

Trump hits Brazil with 50% tariff, sets date for copper levy

Jul 10 2025

President Donald Trump announced a 50-percent tariff Wednesday targeting Brazil as he blasted the trial of the country's …

London hits record as trade deal hopes fan rally on markets

Jul 10 2025

London hit a record high Thursday as equity markets were boosted by optimism governments will hammer out deals to avoid …

Most stocks rise on trade deal optimism

Jul 10 2025

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President …

Mexico barred from sending cattle to US over flesh-eating pest

Jul 10 2025

The US Secretary of Agriculture has announced ports will be closed to the livestock trade at the southern border after …

In Indonesia, a start-up captures coolants to stop global warming

Jul 10 2025

In the basement of a Jakarta housing complex, surrounded by the silver piping of the air-conditioning system, Indonesian …

Japan's sticky problem with Trump, tariffs and rice

Jul 10 2025

Donald Trump's insistence that "spoiled" Japan imports more US rice is adding to Prime Minister Shigeru Ishiba's …

Stocks mostly rise on trade deal optimism

Jul 10 2025

Asian markets mostly rose Thursday on optimism that governments will hammer out deals to avoid the worst of US President …

AI giant Nvidia becomes first company to reach $4 tn in value

Jul 10 2025

Nvidia became the first company to touch $4 trillion in market value on Wednesday, a new milestone in Wall Street's bet …

Trump broadens push for tariff deals, unveils 50% Brazil levy

Jul 09 2025

US President Donald Trump announced a 50 percent tariff Wednesday targeting Brazil as he blasted the trial of the …

Global stocks mostly up despite new Trump tariffs, Nasdaq at record

Jul 09 2025

The Nasdaq powered to a fresh record and major European markets closed in the green Wednesday, brushing off US President …

US senator warns of fossil fuel coup, economic reckoning

Jul 09 2025

One of the US Senate's leading climate advocates says President Donald Trump's administration no longer governs -- it …

Starbucks receives bids for stake in China business: US media

Jul 09 2025

Starbucks has received around 30 offers from investment firms seeking a stake in the company's China business, US media …

Yemen's Huthis claim deadly Red Sea attack on merchant ship

Jul 09 2025

Yemen's Iran-backed Huthi rebels claimed responsibility Wednesday for the deadly sinking of a merchant vessel earlier …

Trump issues more letters to countries in push for tariff deals

Jul 09 2025

US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for …

Copper's strategic role threatened by Trump tariffs

Jul 09 2025

US President Donald Trump's threat to impose 50-percent tariffs on copper imports has roiled the strategic metal on …

X chief Yaccarino steps down after two years

Jul 09 2025

Linda Yaccarino resigned Wednesday as CEO of X, the social media platform formerly known as Twitter, after two years at …

European stocks brush off Trump's copper, pharma tariff threats

Jul 09 2025

Wall Street rose and major European markets closed in the green Wednesday, brushing off US President Donald Trump's …

Copper giant Chile awaits 'official' news on US tariff raise

Jul 09 2025

Chile, the world's biggest copper producer, said Wednesday it was awaiting an "official" follow-up on US President …

Six rescued from cargo ship attacked in Red Sea: EU naval force

Jul 09 2025

Six mariners have been rescued after a deadly attack on a cargo ship that sank off rebel-held Yemen, an EU maritime …

Lidl owes French rival $50 mn after ads ruled deceptive

Jul 09 2025

German supermarket chain Lidl faces a 43-million-euro ($50 million) payout to a French rival after an appeals court …

Commerzbank commits to strategy as UniCredit ups direct stake

Jul 09 2025

German lender Commerzbank said Wednesday it was committed to its strategy after Italian bank UniCredit formally upped …

Volkswagen US deliveries fall as Trump tariffs bite

Jul 09 2025

Europe's largest automaker Volkswagen said Wednesday that sales into the United States had taken a hit, underscoring the …

Iraq's Kurdistan enjoys all-day state electricity

Jul 09 2025

More than 30 percent of Iraq's autonomous Kurdistan region now has 24-hour state electricity, authorities said Thursday, …

Markets mixed as Trump flags fresh tariffs, eyes on trade talks

Jul 09 2025

Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade …

Mattel launches Barbie doll with diabetes

Jul 09 2025

Mattel has launched its first Barbie doll with type 1 diabetes in a bid to foster a greater sense of inclusion and …

The long slow death of Norway's wild salmon

Jul 09 2025

Waist-deep in a rain-swollen river, Christer Kristoffersen cast his line, landed it gently on the water, and caught ... …

Can Kenya attract the outsourcing jobs of the AI future?

Jul 09 2025

In a leafy Nairobi suburb, a Kenyan firm helps foreigners track shoplifters, monitor lung damage from Covid-19 and …

China's snaps 4-month consumer decline but factory price deflation deepens

Jul 09 2025

Consumer prices in China rose slightly in June, official data showed on Wednesday, snapping a four-month decline even as …

China's 'new farmers' learn to livestream in rural revitalisation

Jul 09 2025

Gao Chaorong knows what it takes to turn out good crops of sweet potatoes, peanuts and wheat, but tasty produce is no …

Asian markets mixed as Trump flags fresh tariffs, eyes on trade talks

Jul 09 2025

Stocks were mixed Wednesday as investors assessed Donald Trump's latest tariff threats, while keeping an eye on trade …

Major US teachers union teams up with AI giants

Jul 08 2025

The second biggest teachers union in the United States unveiled a groundbreaking partnership Tuesday with AI powerhouses …

US stocks mostly lower as Trump adds copper, pharma to tariff onslaught

Jul 08 2025

Europe eked out small gains but Wall Street mostly fell Tuesday as President Donald Trump added tariff threats on copper …

Trump says to set 50% copper tariff, no extension to August deadline

Jul 08 2025

President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect …

United Airlines to resume US service to Tel Aviv

Jul 08 2025

United Airlines said Tuesday it would resume service between Tel Aviv and its Newark/New York hub on July 21, 10 days …

Trump says 'no extensions' to Aug 1 tariff deadline

Jul 08 2025

President Donald Trump said Tuesday that he would not extend an August 1 deadline for higher US tariffs to take effect …

Stocks mark time as Trump postpones tariffs deadline

Jul 08 2025

Europe eked out small gains but Wall Street was flat Tuesday after President Donald Trump extended his tariffs deadline …

Bulgaria becomes 21st member to adopt euro after EU green light

Jul 08 2025

EU ministers gave the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, making it the …

Stocks rise as Trump delays tariffs deadline

Jul 08 2025

Major stock markets mostly rose Tuesday after President Donald Trump extended his tariffs deadline and hinted at a …

Cambodian garment workers fret Trump's new tariff threat

Jul 08 2025

As Cambodian garment workers took breaks from toiling in sweltering factories on Tuesday, they feared for their jobs …

German exports to US tumble as Berlin urges quick trade deal

Jul 08 2025

German exports to the United States plummeted in May, official data showed Tuesday, as Berlin pressed the European Union …

Bulgaria to get final green light to adopt euro in 2026

Jul 08 2025

EU ministers are set to give the final green light on Tuesday for Bulgaria to adopt the euro on January 1, 2026, when …

Markets rise as Trump sends tariff letters, delays deadline

Jul 08 2025

Stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication he …

Major garment producer Bangladesh seeks deal after 35% US tariff

Jul 08 2025

Bangladesh, the world's second-biggest garment manufacturer, holds hope to reduce the 35 percent tariff that US …

Trump says new tariff deadline 'not 100 percent firm'

Jul 08 2025

US President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday …

Most markets rise as Trump sends tariff letters, delays deadline

Jul 08 2025

Most stocks rose Tuesday as traders cautiously welcomed Donald Trump's extension of his tariff deadline and indication …

Trump unveils first wave of steeper US tariffs, extends deadline

Jul 07 2025

US President Donald Trump unveiled higher tariffs for Japan, South Korea and a dozen other countries in a push for new …

Trump unveils first wave of steeper US tariffs in push for deals

Jul 07 2025

President Donald Trump announced tariffs of 25 percent on Japan and South Korea on Monday, ramping up pressure on the …

US stocks retreat from records on Trump tariff deluge

Jul 07 2025

Stock markets were mixed Monday with US indices retreating from records as President Donald Trump's aggressive trade …

Trump tariff threat clouds final day of BRICS summit

Jul 07 2025

US President Donald Trump's decision to hit "anti-American" BRICS nations -- including China and India -- with an extra …

Trump says to slap allies Japan, South Korea with 25% tariffs

Jul 07 2025

President Donald Trump announced tariffs of 25 percent on Japan and South Korea on Monday, stepping up pressure on the …

Trump threatens allies Japan, South Korea with 25% tariffs

Jul 07 2025

President Donald Trump threatened Japan and South Korea with 25 percent tariffs Monday, stepping up pressure on the two …

Trump slaps allies Japan, South Korea with 25% tariffs

Jul 07 2025

US President Donald Trump said Monday he was slapping 25 percent tariffs on Japan and South Korea, in his first letters …

Celebs light up Schiaparelli to open Paris Haute Couture Week

Jul 07 2025

A celeb-heavy show by Schiaparelli kicked off Paris Haute Couture Week on Monday, the first of four packed days that …

BRICS criticism brings Trump 10% tariff threat

Jul 07 2025

US President Donald Trump threatened China, India, and some of the world's fastest-emerging economies with higher import …

Stocks diverge as US tariff deadline looms

Jul 07 2025

Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals ahead of US …

Trump steps up pressure for deals as US tariff deadline nears

Jul 07 2025

Donald Trump's aggressive trade policy faces a critical week as the US president races to secure the bilateral deals he …

Demna to bow out at Balenciaga in Paris Haute Couture Week

Jul 07 2025

After 10 years at Balenciaga, provocative Georgian showman Demna is to take a final bow during Paris Haute Couture Week, …

European stocks, dollar firm as US tariff deadline looms

Jul 07 2025

European stock markets and the dollar strengthened Monday as countries fought to hammer out trade deals days before US …

Apple appeals 500-mn-euro EU fine

Jul 07 2025

Apple filed an appeal on Monday against 500-million-euro fine imposed by the EU and accused Brussels of forcing the US …

Stock markets struggle as Trump's tariff deadline looms

Jul 07 2025

Equities struggled Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, with …

North Korea bars Western influencers from trade fair tour

Jul 07 2025

North Korea has barred Western influencers from joining a delegation of tourists to an international trade fair in …

BRICS nations slam Trump tariffs, condemn strikes on Iran

Jul 07 2025

BRICS leaders at a summit on Sunday took aim at US President Donald Trump's "indiscriminate" import tariffs and recent …

Trump says to send first tariff letters on Monday

Jul 07 2025

US President Donald Trump announced he would send the first tariff letters to various countries on Monday, days before …

Asian markets drop as Trump's tariff deadline looms

Jul 07 2025

Most Asian markets fell Monday as countries fought to hammer out trade deals days before Donald Trump's tariff deadline, …

Where do trade talks stand in the rush to avert higher US tariffs?

Jul 07 2025

US President Donald Trump has said he will send letters to select trade partners facing tariff hikes as early as Monday, …

Visa's 24/7 war room takes on global cybercriminals

Jul 07 2025

In the heart of Data Center Alley -- a patch of suburban Washington where much of the world's internet traffic flows -- …

US tariffs to kick in Aug 1, barring trade deals

Jul 06 2025

US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with …

'Into a void': Young US college graduates face employment crisis

Jul 06 2025

Over two years, Rebecca Atkins filed more than 250 job applications, and felt like every one was going into a gaping …

US tariffs to kick in Aug 1, barring trade deals: Bessent

Jul 06 2025

US tariffs will kick in on August 1 if trading partners from Taiwan to the European Union do not strike deals with …