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Business and Economy



Wall Street's AI-fuelled rally falters, oil slumps

AFP - 31m ago

A tech-fuelled rally on Wall Street faltered on Thursday as concerns about interest rates and high stock valuations …

Trump tells Davos elites: produce in US or pay tariffs

AFP - 42m ago

US President Donald Trump issued a blunt warning to global elites in a video message to the World Economic Forum on …

Croatians urged to boycott shopping to protest prices

AFP - 1h ago

Consumer groups across Croatia called for a nation-wide shopping boycott on Friday to protest rising food prices and …

American Airlines shares fall on lackluster 2025 profit outlook

AFP - 1h ago

Shares of American Airlines plunged Thursday after the carrier released a disappointing 2025 profit outlook even as its …

Calls for calm, Pope on AI, Milei on Musk: What happened at Davos Thursday

AFP - 2h ago

There is a buzzword at the annual meeting of the world's elites in the Swiss luxury resort of Davos: tariffs, although …

Ukraine orders children to evacuate from northeastern towns

AFP - 2h ago

Ukraine on Thursday announced evacuations of children from several towns in the northeastern Kharkiv region threatened …

Wall Street's AI-fuelled rally falters

AFP - 2h ago

A tech-fuelled rally on Wall Street faltered on Thursday as concerns about interest rates and high stock valuations …

Trump to take virtual centre stage in Davos

AFP - 2h ago

Banking and oil executives will quiz Donald Trump at the World Economic Forum in Davos on Thursday as the US president …

Spain govt to cover full cost of repairing flood-damaged buildings

AFP - 3h ago

Spain's central government will cover the full cost of rebuilding schools, libraries and other municipal buildings …

UK to make case to Trump against whisky tariff: finance minister

AFP - 4h ago

Britain will make the case to US President Donald Trump that Scotch whisky and other goods should be spared from any …

Solar power surpasses coal in EU for first time

AFP - 4h ago

Solar overtook coal in the European Union's electricity production in 2024, with the share of renewables rising to …

After Musk gesture, activists project 'Heil' on Tesla plant

AFP - 4h ago

Political activists in Germany said Thursday they had projected an image of Elon Musk's infamous raised-arm salute and …

Syria's economy reborn after being freed from Assad

AFP - 4h ago

When Bashar al-Assad ruled Syria, merchants like Youssef Rajab kept much of their imported stock hidden for fear of …

Stocks mainly rise after Wall Street's AI-fuelled rally

AFP - 3h ago

Global stock markets mostly rose Thursday following a tech-fuelled rally on Wall Street spurred by US president Donald …

Kremlin ready for 'mutually respectful' Trump talks

AFP - 5h ago

The Kremlin said Thursday it saw nothing new in US President Donald Trump's calls for Russia to end its military …

Negligence played key role in Turkey ski resort deaths: expert

AFP - 5h ago

Negligence played a role in the deaths of 78 people who perished when a huge fire gutted a luxury ski resort hotel in …

Most Asian markets rise after Wall Street's AI-fuelled rally

AFP - 3h ago

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI …

How things stand in China-US trade tensions with Trump 2.0

AFP - 9h ago

Donald Trump is back in the White House, promising to use the United States's vast economic weight to hit back at China …

Musk bashes Trump-backed AI mega project

AFP - 7h ago

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying …

Political crisis hits South Korea growth: central bank

AFP - 6h ago

South Korea's economy grew less than expected in the fourth quarter, data showed Thursday, as it was hit by the fallout …

Most Asian markets extend AI-fuelled rally

AFP - 4h ago

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI …

Bangladesh student revolutionaries' dreams dented by joblessness

AFP - 11h ago

Bangladeshi students braved bullets to overthrow an autocratic government, but six months after the revolution, many say …

Musk, Wikipedia founder in row over how to describe 'Nazi salute'

AFP - 10h ago

The gesture was controversial enough, but now come the sub-controversies: Elon Musk is trolling Wikipedia and …

Larry Ellison, tech's original maverick, makes Trump era return

AFP - 10h ago

US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another …

Trump push to 'drill, baby, drill' may hit industry roadblock

AFP - 9h ago

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week …

Instagram courts TikTok stars during turbulent times

AFP - 8h ago

Meta-owned Instagram has been wooing creators from TikTok as the China-based video-snippet sharing app's future remains …

Stock markets mostly higher as they track Trump plans, earnings

Jan 22 2025

US and European stock markets mostly pushed higher Wednesday as investors tracked earnings and President Donald Trump's …

Trump's tariff threats are 'leverage,' says informal economic advisor

Jan 22 2025

Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's …

What would Trump tariffs mean for key trade partner Mexico?

Jan 22 2025

US President Donald Trump has threatened to slap a 25-percent tariff on Mexican goods on February 1, a move that …

Does China control the Panama Canal, as Trump claims?

Jan 22 2025

US President Donald Trump's threat to seize the Panama Canal over alleged undue Chinese influence may really be aimed at …

Mel B, Trump and Milei: What happened at Davos Wednesday

Jan 22 2025

Even when Donald Trump wasn't in the room or even the main theme, the US president kept coming up again Wednesday at the …

Spain's Sabadell bank to move HQ back to Catalonia

Jan 22 2025

Spain's Banco Sabadell approved Wednesday moving its headquarters back to Catalonia, the first major firm to do so after …

Argentina's Milei says would leave Mercosur for US trade deal

Jan 22 2025

Argentina's President Javier Milei said Thursday he would be willing to leave the South American Mercosur bloc if …

Musk slams Trump-backed AI mega project

Jan 22 2025

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying …

End social media anonymity to fight fakes, crime: Spain PM

Jan 22 2025

Spanish Prime Minister Pedro Sanchez on Wednesday proposed ending anonymity for social media users and forcing tech …

P&G sees China improvement but consumers 'still struggling'

Jan 22 2025

Procter & Gamble is seeing encouraging signs in China, but a full recovery is still a ways off, executives said …

Prince Harry settles lawsuit against Murdoch's UK tabloids

Jan 22 2025

Prince Harry settled Wednesday his long-running lawsuit against Rupert Murdoch's UK tabloid publisher, which agreed to …

Trump's meme coin venture sparks backlash

Jan 22 2025

Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh …

Stock markets push higher as they track Trump plans, earnings

Jan 22 2025

US and European stock markets pushed higher Wednesday as investors tracked earnings and President Donald Trump's policy …

Trump puts US govt diversity workers on leave, calls bishop 'nasty'

Jan 22 2025

US President Donald Trump ordered federal employees of diversity offices to be put on paid leave by Wednesday night, and …

Stock markets diverge tracking Trump plans

Jan 22 2025

European stock markets rallied and Chinese indices slid Wednesday in reaction to US President Donald Trump's policy …

Sudan 'political' banknote switch causes cash crunch

Jan 22 2025

Sudan's army-aligned government has issued new banknotes in areas it controls, reportedly aimed at undermining its …

Masa Son, Trump's Japanese buddy with the Midas Touch

Jan 22 2025

Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig …

Markets rise after Trump AI pledge but China tariff fears return

Jan 22 2025

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full …

Asian traders cheer Trump AI pledge but China tariff woes return

Jan 22 2025

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full …

Lesotho's king pitches green energy to Davos elites

Jan 22 2025

Lesotho's King Letsie III has embarked on an ambitious mission in snowy Davos, where global powerbrokers have converged, …

Trump targets opponents, faces criticism from cathedral pulpit

Jan 22 2025

Donald Trump targeted opponents and touted a huge AI project Tuesday in a shock-and-awe start to his second presidency …

Most Asian markets rise after Trump AI pledge but China tariff woes return

Jan 22 2025

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full …

As Trump takes aim at EVs, how far will rollback go?

Jan 22 2025

As part of his flurry of first-day actions, US President Donald Trump took aim at electric vehicles, a cornerstone of …

No home, no insurance: The double hit from Los Angeles fires

Jan 22 2025

As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows …

Trump targets opponents, faces criticism from catherdral pulpit

Jan 22 2025

Donald Trump targeted opponents and touted a huge AI project Tuesday in a shock-and-awe start to his second presidency …

France holds off Spain as world's tourist favourite

Jan 22 2025

Olympic host France retained its spot as the world's top tourist destination in 2024 with 100 million visitors, holding …

Netflix reports surge in subscribers, new price hikes

Jan 22 2025

Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with …

Stocks enjoy 'Trump bump', but oil slumps

Jan 21 2025

Global stock markets climbed on Tuesday as Donald Trump wasted no time in starting his second term as US president with …

Netflix surges past 300 mn subscribers

Jan 21 2025

Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with …

Netflix adds 19 mn paid subscribers, topping 300 mn

Jan 21 2025

Netflix on Tuesday said it added nearly 19 million subscribers during the holiday season to finish out last year with …

Pharrell kicks off Paris Fashion week with Louvre show

Jan 21 2025

Louis Vuitton artistic director Pharrell Williams kicked off Paris Men's Fashion Week on Tuesday with a VIP-studded …

Trump starts firing opponents, faces criticism in cathedral sermon

Jan 21 2025

President Donald Trump announced plans to fire some 1,000 opponents from the US government Tuesday in a shock-and-awe …

Canada vows strong response, Mexico urges calm in face of Trump threats

Jan 21 2025

Canada vowed strong pushback while Mexico urged calm on Tuesday in the face of US President Donald Trump's trade threats …

Beckham, protests, crypto's new dawn: what happened at Davos Tuesday

Jan 21 2025

Although the sun may be setting on the era of free trade, crypto supporters say a new dawn is rising for digital …

Murdoch group lawyers say close to deal in Prince Harry lawsuit

Jan 21 2025

Lawyers for a UK tabloid publisher said Tuesday they were "very close" to settling a hotly-disputed lawsuit brought by …

EU, China warn against trade friction after Trump's return

Jan 21 2025

EU, German and Chinese leaders took turns defending global cooperation in Davos on Tuesday as the spectre of new trade …

France-Italy trains to return after 19-month landslide closure

Jan 21 2025

The hugely popular train line linking Paris with the Italian cities of Turin and Milan is to reopen in March and April …

Trump starts firing opponents after executive order blitz

Jan 21 2025

President Donald Trump announced plans to weed out some 1,000 opponents from the US government Tuesday on his first full …

Trump: the name on everyone's lips at Davos

Jan 21 2025

Surrounded by snowy mountain peaks in the Swiss Alps, the world's rich and powerful rub shoulders at Davos, with only …

EV sales slip in Europe in 2024 in overall stable car market

Jan 21 2025

Sales of electric cars slid last year in Europe in an otherwise stable market, data from carmakers showed Tuesday.

Prince Harry trial against Murdoch UK tabloids delayed

Jan 21 2025

The start of a long-awaited trial initiated by Britain's Prince Harry against a tabloid publisher for allegedly unlawful …

Blast kills one person at Barcelona port

Jan 21 2025

One person died and another was seriously injured in a blast on Tuesday at the port of Barcelona in northeastern Spain, …

EU, China warn against trade friction at Davos after Trump return

Jan 21 2025

EU chief Ursula von der Leyen declared Tuesday that Europe was ready to negotiate with the United States and seek to …

Trump's climate retreat shines light on green leaders

Jan 21 2025

The United States withdrawing from the Paris Agreement is a blow to global cooperation on climate change, but other …

Stocks diverge, dollar rallies as Trump gets to work

Jan 21 2025

European and Asian stock markets diverged Tuesday and the dollar rallied as Donald Trump wasted no time in starting his …

At Davos, EU vows pragmatism with Trump

Jan 21 2025

EU chief Ursula von der Leyen declared Tuesday that Europe was ready to negotiate with US President Donald Trump but the …

Pharrell pursues Paris landmark takeovers with Louvre show

Jan 21 2025

Paris Men's Fashion Week kicks off Tuesday, headlined by Pharrell Williams' highly anticipated new show for Louis …

Asian markets swing as Trump revives tariff fears on taking office

Jan 21 2025

Asian markets saw big fluctuations Tuesday as Donald Trump took office warning he could impose stiff tariffs on Canada …

Trump takes US reins with flurry of executive orders

Jan 21 2025

US President Donald Trump begins his first full day in office Tuesday, riding a wave of executive orders signed just …

China, EU, Ukraine leaders take Davos stage under Trump shadow

Jan 21 2025

With Donald Trump back as US president with his confrontational style, Chinese, European and Ukrainian leaders are …

Trump says could impose 25% tariffs on Canada, Mexico on Feb 1

Jan 21 2025

President Donald Trump said Monday he may impose 25 percent tariffs on Canada and Mexico as early as February 1, while …

Tech billionaires take center stage at Trump inauguration

Jan 21 2025

Tech billionaires including Elon Musk, Mark Zuckerberg and Jeff Bezos were given prime positions at Donald Trump's …

Trump 2.0 boosts interest in Davos: World Economic Forum chief

Jan 21 2025

Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new president has …

EU's legal weapon facing the heat from US big tech

Jan 21 2025

For tech billionaires Elon Musk and Mark Zuckerberg, the EU's digital rules are a tool of censorship. For the bloc, they …

Brazil drought lights a fire under global coffee prices

Jan 21 2025

Brazilian coffee producer Moacir Donizetti first smelled the smoke, and then watched in desperation as a blaze consumed …

Trump's climate retreat shines light on other green leaders

Jan 21 2025

The United States withdrawing from the Paris Agreement is a blow to global cooperation on climate change, but other …

The global forces sending coffee prices skyward

Jan 21 2025

Climate change, political headwinds and diverging market dynamics around the world have pushed coffee prices to fresh …

Trump vows to 'tariff and tax' other countries

Jan 21 2025

US President Donald Trump promised tariffs and taxes on other countries Monday after being sworn in, although he held …

Trump vows to 'tariff and tax' on other countries

Jan 20 2025

US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address …

Trump vows trade policy of 'tariff and tax' on other countries

Jan 20 2025

US President Donald Trump promised tariffs and taxes on other countries Monday, in a nationalistic inaugural address …

Global tourism recovered to pre-pandemic levels in 2024: UN

Jan 20 2025

Global tourism fully recovered from the Covid-19 pandemic in 2024 with 1.4 billion international tourist arrivals …

Job cuts report worries employees at Germany's Commerzbank

Jan 20 2025

Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted …

Stock markets rise, bitcoin hits high as Trump returns

Jan 20 2025

European and Asian stock markets rose on Monday and bitcoin hit a fresh high as Donald Trump prepared to re-enter office …

X and Facebook toughen EU pledge to combat hate speech

Jan 20 2025

Social media giants including X and Facebook have agreed to step up efforts to tackle hate speech in the EU, the bloc …

New 'oligarchy' under fire as elites descend on Davos

Jan 20 2025

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit …

Syria phone shops free from Assad-linked monopoly

Jan 20 2025

Syrian phone shop owner Abdel Razzaq Hamra was thrilled to finally be working in peace after years of being harassed and …

Bitcoin hits record above $109,000 awaiting Trump 

Jan 20 2025

Bitcoin hit a record high above $109,000 on Monday as Donald Trump, who plans to deregulate the cryptocurrency sector …

Markets extend global rally as Trump-Xi talks boost sentiment

Jan 20 2025

Most Asian markets rose Monday following a rally on Wall Street and a record-breaking day in Europe, with sentiment …

TikTok restores service in US, thanking Trump

Jan 20 2025

TikTok restored service in the United States Sunday after briefly going dark, as a law banning the wildly popular app on …

Asian markets track Wall St and Europe rally after Trump-Xi talks

Jan 20 2025

Most Asian markets rose Monday following a rally on Wall Street and a record-breaking day in Europe, with sentiment …

Swiss police clear hundreds of anti-Davos protesters

Jan 19 2025

Some 300 people including two millionaires protested in Davos Sunday ahead of next week's gathering of the global elite …

Trump says will delay TikTok ban, proposes US part-ownership

Jan 19 2025

President-elect Donald Trump on Sunday called for the United States to take part-ownership in TikTok and vowed to issue …

TikTok goes dark in US as Trump seeks reprieve from ban

Jan 19 2025

TikTok went dark in the United States on Sunday as millions of dismayed users found themselves barred from the popular …

TikTok shuts down US access as Trump seeks app's reinstatement

Jan 19 2025

Millions of TikTok users were blocked from accessing the popular app in the United States as a national ban came into …

TikTok notifies US users of shutdown as Trump seeks last-ditch solution

Jan 19 2025

TikTok warned users in the United States late Saturday that the app would soon become "temporarily unavailable" as a law …

In US, teleworkers don't want to turn back

Jan 19 2025

For Curtis Sparrer, a work-from-home evangelist, an office is nothing less than a "corporate jail."

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