Business and Economy
Turkey starts supplying Azerbaijani gas to boost Syria's power output
AFP - 1h ago
Turkey on Saturday turned on a supply of natural gas from Azerbaijan to Syria, whose infrastructure was ravaged by civil …
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Search intensifies for five trapped in giant Chile copper mine
AFP - 11h ago
Rescue teams in Chile searched Friday for five miners trapped after a partial collapse triggered by a tremor killed one …
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Trump orders firing of US official as cracks emerge in jobs market
Aug 01 2025
President Donald Trump said Friday he has ordered the firing of a key economic official, accusing her of manipulating …
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Sensible and steely: how Mexico's Sheinbaum has dealt with Trump
Aug 01 2025
A combination of tact and tenacity is credited for Mexican President Claudia Sheinbaum's successful dealings with US …
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World economies reel from Trump's tariffs punch
Aug 01 2025
Global markets reeled Friday after President Donald Trump's tariffs barrage against nearly all US trading partners as …
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US Fed governor to resign early at critical time for central bank
Aug 01 2025
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a …
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Brazilians burn Trump effigies as tariffs spark anger
Aug 01 2025
Brazilians set fire to effigies of Donald Trump in protests across several cities Friday, denouncing the US president's …
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Global stocks fall sharply on weak US job data, Trump tariffs
Aug 01 2025
Stock markets dived Friday following weak US jobs data that raised doubts about the world's biggest economy as President …
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Exxon, Chevron turn page on legal fight as profits slip
Aug 01 2025
Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a …
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Stocks sink on Trump tariffs, US jobs data
Aug 01 2025
Stock markets dived Friday after US President Donald Trump announced tariffs on dozens of trading partners and weak US …
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Brewed awakening: German beer sales lowest on record
Aug 01 2025
It is news that will leave brewers feeling flat -- German beer sales hit their lowest level in the first half of the …
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Musk's X accuses Britain of online safety 'overreach'
Aug 01 2025
Elon Musk-owned social network X on Friday accused Britain's government of "overreach" with a new law designed to …
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Senegal PM unveils economic recovery plan based on domestic resources
Aug 01 2025
Senegal's prime minister unveiled an economic recovery plan for the highly indebted nation on Friday, focused on …
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Cracks emerge in US jobs market as Fed officials sound warning
Aug 01 2025
The US employment market is showing weakness as companies grappled with President Donald Trump's sweeping tariffs, …
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Swiss will try to negotiate way out of stiff US tariffs
Aug 01 2025
The Swiss government said Friday it would negotiate with the United States to try to avoid the tough 39-percent US …
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US job growth weaker than expected in July as unemployment rises
Aug 01 2025
US job growth missed expectations in July, government data showed Friday, while revisions to hiring figures in recent …
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UK top court to rule on multi-billion pound car loan scandal
Aug 01 2025
Britain's highest court will Friday determine whether controversial car loans were unlawful, which could pave the way …
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Bayer sets aside more cash to deal with weedkiller woes
Aug 01 2025
German pharmaceutical and agricultural chemicals giant Bayer said it had put aside an extra 1.2 billion euros ($1.4 …
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French wine industry warns of 'brutal' impact from US tariffs
Aug 01 2025
The French wine industry on Friday warned of a "brutal" impact from US tariffs and a weak dollar, urging France and the …
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Heathrow unveils £49 bn expansion plan for third runway
Aug 01 2025
London's Heathrow Airport on Friday unveiled a £49-billion ($65 billion) expansion plan, including the costs of building …
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Stocks slide as Trump's new tariff sweep offsets earnings
Aug 01 2025
Stock markets slid but the dollar held up Friday as US President Donald Trump announced tariffs on dozens of trading …
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British Airways owner sees profit jump on 'strong' demand
Aug 01 2025
IAG, the owner of British Airways and Spanish carrier Iberia, said Friday that its net profit jumped 44 percent in the …
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Nintendo quarterly revenue surges thanks to Switch 2
Aug 01 2025
Nintendo on Friday said quarterly revenue had more than doubled year-on-year thanks to the Switch 2, which became the …
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Stocks drop as Trump's new tariff sweep offsets earnings
Aug 01 2025
Stock markets fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed …
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Trump unveils slew of new tariffs, punishes Canada
Aug 01 2025
President Donald Trump unveiled new tariffs Thursday on nearly 70 countries -- including a blistering 35 percent on …
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Swiss to try to negotiate way out of stiff US tariffs
Aug 01 2025
The Swiss government said Friday it would negotiate with the United States to try to avoid the 39 percent punitive US …
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Stocks struggle as Trump's new tariff sweep offsets earnings
Aug 01 2025
Asian markets mostly fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed …
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South Korea exports hit July record despite US tariff pressures
Aug 01 2025
South Korea's exports surged to their highest level ever for a July, fuelled by strong overseas demand for …
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Stocks struggle as Trump unveils new tariff sweep offsets earnings
Aug 01 2025
Asian markets mostly fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed …
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Trump orders tariffs on dozens of countries in push to reshape global trade
Aug 01 2025
President Donald Trump ordered the reimposition of tariffs on dozens of trading partners Thursday -- his cornerstone …
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Nvidia says no 'backdoors' in chips as China questions security
Aug 01 2025
Nvidia chips do not contain "backdoors" allowing remote access, the US tech giant has said, after Beijing summoned …
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US tech titan earnings rise on AI as economy roils
Aug 01 2025
Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial …
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Trump's global trade policy faces test, hours from tariff deadline
Jul 31 2025
The clock was counting down Thursday to Donald Trump's midnight deadline for unleashing fresh tariffs on US imports from …
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Amazon profits surge 35% but forecast sinks share price
Jul 31 2025
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in …
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Brazil vows to fight Trump tariff 'injustice'
Jul 31 2025
Brazil vowed Thursday to combat US President Donald Trump's tariffs on its exports, saying it intends to lodge appeals …
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Apple profit beats forecasts on strong iPhone sales
Jul 31 2025
Apple on Thursday reported quarterly profit of $23.4 billion, topping forecasts despite concerns about the effect of US …
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Global stocks mostly fall ahead of big Trump tariff deadline
Jul 31 2025
Global stocks mostly fell Thursday despite strong earnings from US tech giants Microsoft and Meta as markets girded for …
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Google must open Android to rival app stores: US court
Jul 31 2025
A US federal court ruled Thursday that Google must open its Android operating system to rival app stores, after the …
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Amazon profits surge 35% as AI investments drive growth
Jul 31 2025
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in …
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EA shooter 'Battlefield 6' to appear in October
Jul 31 2025
Promising vast combat zones and pounding action, team-based first-person shooter "Battlefield 6" is set for release in …
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Heavyweight shooter 'Battlefield 6' to appear in October
Jul 31 2025
Electronic Arts team-based shooter "Battlefield 6", expected to be one of the hit games of the year, will be released on …
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Microsoft valuation surges above $4 trillion as AI lifts stocks
Jul 31 2025
Shares of Microsoft spiked Thursday following blowout quarterly results, lifting the tech giant into the previously …
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AI gives stocks a lift, dollar mixed tracking Fed, tariffs
Jul 31 2025
Investor enthusiasm for artificial intelligence kept Wall Street buoyant Thursday as Microsoft surfed a tech wave to …
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Thousands of Afghans scramble for chance to work in Qatar
Jul 31 2025
When Mohammad Hanif heard Qatar was opening jobs to Afghans, he joined thousands of others to put his name down for a …
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Hong Kong sees 3.1% growth in second quarter
Jul 31 2025
Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, …
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Stocks, dollar mixed tracking Fed, tariffs, results
Jul 31 2025
Major stock markets and the dollar traded mixed Thursday as traders weighed a cautious Federal Reserve, strong tech …
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Trump says tariffs are making US 'great & rich' again
Jul 31 2025
US President Donald Trump said Thursday that the sweeping tariffs he has imposed on nations around the world were making …
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BMW says can weather tariff storm despite profit plunge
Jul 31 2025
German carmaker BMW stuck to its 2025 targets Thursday despite quarterly profits tumbling a third due partly to US …
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Renault profits slump as competition intensifies
Jul 31 2025
French automaker Renault said Thursday that the tough retail and commercial van market in Europe had squeezed profits …
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Taiwan's economy accelerates in second quarter
Jul 31 2025
Taiwan's economy grew at a forecast-busting pace in the second quarter, official data showed Thursday, fuelled by demand …
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Shell net profit retreats on lower energy prices
Jul 31 2025
British energy giant Shell on Thursday said its net profit slid 23 percent in the first six months of the year, hit by …
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Unilever profit slides ahead of ice cream demerger
Jul 31 2025
British consumer goods giant Unilever on Thursday said net profit fell five percent in the first six months of the year, …
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Trump announces new tariffs as deadline nears
Jul 31 2025
US President Donald Trump imposed new tariffs to punish or favor major trading partners Wednesday, as governments raced …
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Most markets down as Fed holds and Trump announces fresh tariffs
Jul 31 2025
Asian markets mostly fell Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve …
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China summons chip giant Nvidia over alleged security risks
Jul 31 2025
Chinese authorities summoned Nvidia representatives on Thursday to discuss "serious security issues" over some of its …
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US tariffs corrode steelmaker ArcelorMittal's profitability
Jul 31 2025
The world's number two steelmaker, ArcelorMittal, said on Thursday its half-year net profit jumped on exceptional items …
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BMW profits slump on China woes, US tariffs
Jul 31 2025
BMW said Thursday its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by …
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Firms in Vietnam walk tightrope as Trump's transshipping rule looms
Jul 31 2025
As Donald Trump's eye-watering tariffs on Chinese products passing through Vietnam are set to kick in Friday, companies …
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Trump gets his way on tariffs, but global trade system intact for now
Jul 31 2025
President Donald Trump has succeeded in strong-arming nations to accept higher tariffs on US exports, yet for now …
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Trump says US to impose 15% tariff on South Korean goods
Jul 31 2025
President Donald Trump said Wednesday the United States will impose a 15 percent tariff on imports from South Korea, as …
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Laos braced for blow of Trump tariff threat
Jul 31 2025
Hawking clothes outside the garment factory where her daughter toils inside, a Laos vendor weighs US President Donald …
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China manufacturing sinks again in July as US trade talks stall
Jul 31 2025
China's factory output shrank more than expected in July, official data showed on Thursday, logging its fourth straight …
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Clock ticks on US tariff hikes as Trump broadens blitz
Jul 31 2025
Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed …
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Trump punishes Brazil with tariffs, sanctions over trial of ally Bolsonaro
Jul 30 2025
President Donald Trump ordered massive tariffs on Brazil Wednesday and sanctions against the judge overseeing a trial of …
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Brazil Central Bank holds interest rate as tariffs loom
Jul 30 2025
Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent, citing "uncertainty" as the …
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Brazil Central Bank holds interest rate after seven straight hikes
Jul 30 2025
Brazil's Central Bank on Wednesday held its benchmark interest rate steady at 15 percent after seven straight hikes that …
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Meta beats expectations sending share price soaring
Jul 30 2025
Meta reported robust second-quarter financial results Wednesday, with revenue jumping 22 percent year-over-year to $47.5 …
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US Fed holds firm against Trump pressure as divisions emerge
Jul 30 2025
The US Federal Reserve kept interest rates unchanged Wednesday, defying strong political pressure from President Donald …
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Microsoft quarterly profits soar on AI and cloud growth
Jul 30 2025
Technology giant Microsoft on Wednesday said its profit soared above expectations in the recently ended quarter, driven …
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Trump hits India with 25% tariff and 'penalty' over Russia ties
Jul 30 2025
US President Donald Trump said Wednesday that imports from India will face 25 percent tariffs, while also announcing an …
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Airbus first-half profit climbs 85% to $1.7 bn
Jul 30 2025
European aerospace group Airbus posted an 85-percent rise in first-half profit Wednesday to $1.7 billion, even though it …
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Canada central bank holds rate steady citing US tariff 'threats'
Jul 30 2025
Canada's central bank held its key lending rate at 2.75 percent on Wednesday, as the major US trading partner confronts …
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Tata Motors to buy Italy's Iveco for $4.4 bn
Jul 30 2025
Tata Motors of India will buy Italy's Iveco Group for 3.8 billion euros ($4.4 billion) in a bid to create a "global …
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Renault names Provost CEO after De Meo exit
Jul 30 2025
French auto giant Renault said Wednesday that Francois Provost, currently in charge of procurement, would take over as …
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Stocks edge higher, dollar gains before tech earnings, Fed decision
Jul 30 2025
Stock markets saw mostly muted gains in Europe and on Wall Street on Wednesday as investors waited for earnings from US …
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'Class war': outsiders moving to Puerto Rico trigger displacement
Jul 30 2025
Gloria Cuevas thought she would live forever in her pink, century-old house on Puerto Rico's west coast -- but then her …
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English cricket chiefs confirm sale of six Hundred franchises
Jul 30 2025
Six teams in English cricket's controversial Hundred competition have now been sold to private investors, with deals for …
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London court rules oligarch liable in $1.9 bn Ukraine loan scheme
Jul 30 2025
Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion they …
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Stocks diverge, dollar gains before tech earnings, Fed decision
Jul 30 2025
Stock markets were mixed in Europe and on Wall Street on Wednesday while the dollar rose further from recent lows as …
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US economy returns to growth in second quarter on tariff turbulence
Jul 30 2025
The US economy returned to growth in the second quarter, government data showed Wednesday, but analysts flagged …
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US Fed set to hold firm against Trump pressure
Jul 30 2025
The Federal Reserve is expected to defy aggressive pressure from President Donald Trump and keep interest rates …
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London court rules oligarch liable over $1.9 bn Ukraine loan scheme
Jul 30 2025
The Ukrainian oligarch Igor Kolomoisky and his former business partner are likely to be forced to repay $1.9 billion …
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Aston Martin pares outlook as US tariffs weigh
Jul 30 2025
British luxury carmaker Aston Martin Lagonda on Wednesday revised down its full-year outlook as US President Donald …
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Adidas says may hike US prices after tariff cost warning
Jul 30 2025
German sportswear giant Adidas warned Wednesday that it might raise prices in the United States due to tariffs that …
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GSK reports improved outlook despite US drug tariffs
Jul 30 2025
British pharmaceutical group GlaxoSmithKline said Wednesday that its annual performance should be better than expected, …
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Eurozone economy expands but tariff impact looms
Jul 30 2025
The eurozone economy unexpectedly expanded in the second quarter of 2025, official data showed Wednesday, despite …
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Hermes confirms outlook for rising sales in 2025
Jul 30 2025
French luxury group Hermes confirmed Wednesday its outlook for full-year sales growth as it turned rising revenue for …
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Stocks diverge, dollar slips before tech earnings, Fed decision
Jul 30 2025
Stock markets diverged on Wednesday and the dollar slid further from recent highs as investors awaited earnings from US …
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HSBC banks lower profits on higher costs
Jul 30 2025
Bank giant HSBC said Wednesday that group profits fell in the first half on higher costs but noted that it was "well …
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Ryanair says dropping three French airports over 'harmful' tax
Jul 30 2025
Irish no-frills airline Ryanair said on Wednesday it was dropping three French airports over a "harmful" tax hike on air …
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Mercedes-Benz welcomes EU-US deal after profits plunge on tariff woes
Jul 30 2025
A new trade deal struck between the United States and European Union is good news despite fears it is unbalanced, …
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Markets mixed as China-US talks end, eyes on tech earnings
Jul 30 2025
Markets were mixed Wednesday as investors kept tabs on China-US developments after they agreed to further talks to …
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Adidas reports hit from US tariffs
Jul 30 2025
German sportswear giant Adidas said Wednesday it took a hit from US tariffs in the second quarter but did not indicate …
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Italy opens probe into Meta over AI tool in WhatsApp
Jul 30 2025
Italy said Wednesday it opened a probe into social media giant Meta for potentially breaking EU competition laws by …
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Mercedes-Benz profit plunges on tariff, China woes
Jul 30 2025
Premium German carmaker Mercedes-Benz said Wednesday its second-quarter profit plunged nearly 70 percent due to US …
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India exporters steel themselves as tariff clock ticks down
Jul 30 2025
Indian exporters were bracing Wednesday for higher US tariffs to kick in as prospects dim for an interim trade deal …
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Could copper tariff hurt US more than Chile?
Jul 30 2025
Chile, the world's biggest copper producer, is hoping for a last-minute deal to stop the United States from imposing a …
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'Marathon at F1 speed': China bids to lap US in AI leadership
Jul 30 2025
Beyond dancing robots and eager-to-help digital avatars, Shanghai's World AI Conference saw China stake its claim to …
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Stablecoins inspire hope, and hype, in Hong Kong
Jul 30 2025
Stablecoin excitement has gripped Hong Kong as the city prepares to launch a licensing system for the less volatile type …
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Five products to be hit by Trump's incoming tariffs
Jul 30 2025
The United States is set to raise tariffs on dozens of trading partners Friday if they fail to reach accords with …
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US second quarter GDP growth to reflect tariff turbulence
Jul 30 2025
US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade …
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American Eagle 'jeans' campaign that stars Sydney Sweeney under fire
Jul 30 2025
An advertising campaign starring Sydney Sweeney for the clothing brand American Eagle has triggered the latest online …
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