Business and Economy
US Fed to meet amid dwindling hopes of summer rate cuts
AFP - 1h ago
The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a …
Full Story »
TikTok creators fear economic blow of US ban
AFP - 1h ago
Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those …
Full Story »
Gaza set to dominate Saudi-hosted global economy summit
AFP - 2h ago
The war in Gaza and broader Middle East tensions are expected to get top billing at a Saudi-hosted special meeting of …
Full Story »
Olympic deal shows bubbling market for zero-alcohol beers
Apr 27 2024
For the first time this summer, as sportswomen and men strive for victory in Paris, spectators will be able to sip the …
Full Story »
Rating agencies doubt France's target to cut massive debt
Apr 26 2024
Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the …
Full Story »
US stocks rebound on tech earnings, London hits new record
Apr 26 2024
Buoyant big tech earnings lifted US stocks on Friday while London scaled another peak as investors tracked a series of …
Full Story »
Daimler Truck braces for possible strike in 3 southern US states
Apr 26 2024
Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a potential strike as labor …
Full Story »
US oil giants' profits dip as Exxon deal nears finish line
Apr 26 2024
ExxonMobil and Chevron both reported a dip in profits Friday on lower refining margins and natural gas prices, but …
Full Story »
France, Germany sign deal on 'tank of the future'
Apr 26 2024
France and Germany on Friday firmed up plans to jointly develop a next-generation battle tank equipped with artificial …
Full Story »
Man City's Premier League charges to be resolved in 'near future'
Apr 26 2024
Premier League chief executive Richard Masters on Friday revealed the case against Manchester City for alleged financial …
Full Story »
US Fed's favored inflation measure accelerates, dimming rate cut hopes
Apr 26 2024
The US central bank's favored measure of inflation accelerated last month, according to government data published …
Full Story »
EU toughens safety rules for online retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are big …
Full Story »
London stocks hit new record peak on takeovers
Apr 26 2024
London's stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching …
Full Story »
EU toughens safety rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
Full Story »
EU toughens rules on Chinese fashion retailer Shein
Apr 26 2024
The European Union on Friday added Chinese-founded online retailer Shein to its list of digital companies that are large …
Full Story »
Cybersecurity firm Darktrace accepts $5 bn takeover
Apr 26 2024
Cybersecurity firm Darktrace said Friday it had accepted a $5.3-billion takeover bid from US private equity firm Thoma …
Full Story »
Kenyan rugby player turned TikTok star cooks to fight depression
Apr 26 2024
"Done!" -- the catchphrase punctuating former rugby player Dennis Ombachi's cooking videos is as famous as the balcony …
Full Story »
Yen falls further as Bank of Japan stands pat on rates
Apr 26 2024
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, …
Full Story »
Asian markets mixed as strong US tech earnings offset poor data
Apr 26 2024
Markets were mixed on Friday after forecast-topping earnings from Microsoft and Alphabet helped soothe worries that a …
Full Story »
Clean energy drives massive BHP takeover bid
Apr 26 2024
BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and …
Full Story »
China's EV execs bullish on Western pressure at Beijing car show
Apr 26 2024
Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price …
Full Story »
Miner Anglo American rejects BHP's $38.8 billion takeover bid
Apr 26 2024
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival …
Full Story »
Rescue pup to meme star: the real-life 'Dogecoin' dog
Apr 26 2024
Her fluffy face now frail, Kabosu still flashes the enigmatic smile that made her the go-to meme dog for millennials and …
Full Story »
ByteDance says 'no plans' to sell TikTok after US ban law
Apr 26 2024
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest …
Full Story »
Weak yen pressures Bank of Japan rate decision
Apr 26 2024
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the …
Full Story »
End of the road? Philippine jeepneys face uncertain future
Apr 26 2024
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles …
Full Story »
Japan anime studio draws on talent of autistic artists
Apr 26 2024
Diagnosed with autism, Shoko Sakuma says she struggled working in accounting but now she is putting her childhood love …
Full Story »
Snap shares pop after revenue tops expectations
Apr 26 2024
Shares in social media company Snap, which runs the youth-focused Snapchat, soared nearly 25 percent on Thursday after …
Full Story »
Oil: 'Mother of corruption' in Venezuela
Apr 26 2024
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' …
Full Story »
Microsoft expands its AI empire abroad
Apr 26 2024
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial …
Full Story »
United by grief, families of Boeing crash victims demand justice
Apr 26 2024
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash …
Full Story »
Microsoft, Google earnings shine as AI drives revenue
Apr 25 2024
Microsoft and Google on Thursday drubbed quarterly earnings expectations as the tech titans continued investing heavily …
Full Story »
Stocks fall as tech shares sink, US economy slows
Apr 25 2024
London's stock market bucked the trend in reaching another record high on Thursday, but Wall Street and eurozone …
Full Story »
Google parent Alphabet's Q1 profits beat estimates: company
Apr 25 2024
Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, …
Full Story »
2 million bottles of Perrier ordered destroyed by French agency
Apr 25 2024
Perrier destroyed two million bottles of its famous sparkling water suspected of being contaminated with "faecal" …
Full Story »
US to give Micron $6.1 bn for American chip factories
Apr 25 2024
Micron is set to receive up to $6.1 billion in grants from the US government to help build its semiconductor plants in …
Full Story »
DR Congo accuses Apple of using 'blood minerals' from war-torn east
Apr 25 2024
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted …
Full Story »
Strong pricing boosts Caterpillar profits
Apr 25 2024
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, …
Full Story »
'Extreme' climate blamed for world's worst wine harvest in 62 years
Apr 25 2024
World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of "extreme" …
Full Story »
Biden targets fossil fuel power sector with tough new carbon rules
Apr 25 2024
The United States on Thursday announced sweeping new rules requiring coal-fired plants to eliminate nearly all their …
Full Story »
Tourism must change, mayor says as Venice launches entry fee
Apr 25 2024
Venice's mayor hailed Thursday the smooth launch of a trial of entry fees for day visitors despite protests by …
Full Story »
Honda announces US$11 bn EV battery and vehicle plant in Canada
Apr 25 2024
Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion …
Full Story »
American Airlines confirms 2024 forecast despite Q1 loss
Apr 25 2024
American Airlines reported a quarterly loss Thursday on an uptick in labor and other operating costs as the carrier …
Full Story »
BHP launches $38.8 billion takeover bid for rival Anglo American
Apr 25 2024
Australian mining giant BHP said Thursday it has made a $38.8 billion takeover bid for British rival Anglo American, a …
Full Story »
Thousands of flights scrapped as French air traffic controllers strike
Apr 25 2024
Thousands of flights were cancelled in France and Europe on Thursday as a strike by French air traffic controllers over …
Full Story »
US economic growth slows significantly in first quarter
Apr 25 2024
The US economy cooled markedly in the first three months this year, expanding less than anticipated as consumer spending …
Full Story »
BTS agency files complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS on Thursday filed a legal complaint against its powerhouse …
Full Story »
Nestle sales slump on weak North America demand for frozen food
Apr 25 2024
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak …
Full Story »
Turkey central bank holds key interest rate steady
Apr 25 2024
Turkey's central bank held its key interest rate steady on Thursday but warned it could hike it again as the country's …
Full Story »
Residents protest as Venice launches five-euro entry fee
Apr 25 2024
Venice on Thursday began charging day-trippers for entry, a world first aimed at tackling mass tourism but opposed by …
Full Story »
Car giants vie for EV crown at Beijing's Auto China show
Apr 25 2024
Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show …
Full Story »
Five things we learned at the China Auto Show
Apr 25 2024
One of China's largest auto shows kicked off in Beijing on Thursday, with electric vehicle makers keen to show off their …
Full Story »
Labour pledges to renationalise UK railways
Apr 25 2024
Britain's main Labour opposition on Thursday vowed to renationalise the UK's much-maligned rail services within five …
Full Story »
US announces sweeping cuts to power sector carbon emissions
Apr 25 2024
President Joe Biden's government on Thursday finalized sweeping plans to curb planet-warming emissions from the nation's …
Full Story »
London stocks hit new record on blockbuster mining takeover bid
Apr 25 2024
The London stock market smashed another record peak Thursday after British mining titan Anglo American received a …
Full Story »
BTS agency to file complaint against subsidiary head over breach of trust
Apr 25 2024
The South Korean agency behind K-pop sensation BTS said Thursday it will file a legal complaint against its powerhouse …
Full Story »
Asian markets mixed as global rally stalls, eyes on yen
Apr 25 2024
Equities were mixed Thursday as investors turned cautious after the past three days' sizeable gains, with Meta's warning …
Full Story »
The Myanmar 'water brothers' salvaging shipwrecks on the tide
Apr 25 2024
Diving into the darkness of the Yangon River, Than Nyunt starts another murky sortie in his months-long mission to …
Full Story »
As 'news deserts' spread, US journalism fights on
Apr 25 2024
Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance by …
Full Story »
Tough times for Argentine factories as consumers penny-pinch
Apr 25 2024
Argentina's factories, like many economic sectors, are floundering as consumers hit by sky-high inflation and shrinking …
Full Story »
Strong fleet sales offset electric losses at Ford
Apr 24 2024
Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed …
Full Story »
Meta profits soar but costs of AI cause worry
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of …
Full Story »
Meta sees profits soar in first quarter
Apr 24 2024
Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar …
Full Story »
Mired in crisis, Boeing reports another loss
Apr 24 2024
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety …
Full Story »
TikTok to fight US ban law in courts
Apr 24 2024
TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app …
Full Story »
France's Casino supermarket chain to axe up to 3,200 jobs
Apr 24 2024
French supermarket group Casino said Wednesday it would axe between 1,300 and 3,200 jobs as part of a reorganisation …
Full Story »
Mass cancellations loom despite French air union cancelling strike
Apr 24 2024
Hundreds of flights were cancelled at French airports Thursday despite the country's main air traffic controllers' union …
Full Story »
TikTok suspends rewards programme after EU probe
Apr 24 2024
TikTok on Wednesday announced the suspension of a feature in its spinoff TikTok Lite app in France and Spain that …
Full Story »
Germany nudges up growth forecast, ailing economy at 'turning point'
Apr 24 2024
The German government slightly increased its 2024 growth forecast Wednesday, saying there were signs Europe's …
Full Story »
EU opens probe into China's medical device market
Apr 24 2024
The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation …
Full Story »
Italy fines Amazon over 'recurring' purchase option
Apr 24 2024
Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for …
Full Story »
German forecast to offer signs if ailing economy on the mend
Apr 24 2024
The German government is expected to raise its latest growth forecasts on Wednesday as Europe's crisis-hit top economy …
Full Story »
Malaysian airline mogul Fernandes delays retirement
Apr 24 2024
Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief …
Full Story »
Heineken beer sales pop but hazy days ahead
Apr 24 2024
Dutch brewer Heineken said Wednesday its beer sales were up but saw a "challenging and uncertain" economic outlook and …
Full Story »
Asian stocks rise on earnings optimism as US data approaches
Apr 24 2024
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, …
Full Story »
Chinese sellers go to TikTok school to reach buyers abroad
Apr 24 2024
Donning hijabs and floor-length abaya gowns over shorts and tank tops, Chinese students at an e-commerce school perform …
Full Story »
China, future HQ: New ASML boss faces bulging in-tray
Apr 24 2024
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of …
Full Story »
Tesla profits tumble but shares rise on new vehicle plan
Apr 23 2024
Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but …
Full Story »
US markets rise for second straight day as sentiment improves
Apr 23 2024
US stocks rose for a second straight session in New York Tuesday, building on the prior day's momentum following a round …
Full Story »
Starbucks set for talks with unionized US stores
Apr 23 2024
Starbucks is set to hold talks with labor representatives from stores that have voted to unionize in a key step towards …
Full Story »
'Harvesting data': Latin American AI startups transform farming
Apr 23 2024
For centuries, farmers used almanacs to try to understand and predict weather patterns.
Full Story »
French police union threatens to disrupt Olympics relay
Apr 23 2024
A French police trade union threatened Tuesday to disrupt the Olympics torch relay ahead of the start of the Paris Games …
Full Story »
French air traffic controller strike threatens flight chaos
Apr 23 2024
French air traffic controllers are to stage a one-day strike Thursday that risks seeing most flights cancelled at the …
Full Story »
London stock market strikes record as sentiment lifts globally
Apr 23 2024
London's FTSE 100 stocks index closed at a record high for a second straight day Tuesday, catching up with major global …
Full Story »
Milei announces Argentina's first budget surplus in 16 years
Apr 23 2024
Argentina's spending-slashing new President Javier Milei has hailed his country's first quarterly budget surplus since …
Full Story »
New US home sales pick up in March
Apr 23 2024
Sales of new homes across the United States increased sharply last month, according to fresh government data published …
Full Story »
General Motors lifts 2024 profit forecast after strong Q1
Apr 23 2024
General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its …
Full Story »
Spotify shares soar as company swings to profit
Apr 23 2024
Shares in music and podcast streaming giant Spotify soared after it reported Tuesday an increase in the number of paying …
Full Story »
EU parliament votes forced labour ban with China in its sights
Apr 23 2024
EU lawmakers voted on Tuesday to ban products made using forced labour which supporters hope will be used to block goods …
Full Story »
How UK's biggest water supplier sank into crisis
Apr 23 2024
Thames Water, the UK's largest water supplier, has been ravaged since privatisation by soaring debts and chronic …
Full Story »
EU lawmakers greenlight new rules to rein in national spending
Apr 23 2024
European Union lawmakers on Tuesday backed new budgetary rules aimed at boosting investment while keeping spending under …
Full Story »
Spotify swings to profit, paying subscribers rise
Apr 23 2024
Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare …
Full Story »
Eurozone business activity accelerates in April
Apr 23 2024
Business activity in the eurozone picked up in April thanks to "increasingly robust" growth in the services sector, a …
Full Story »
London stock market hits record high
Apr 23 2024
London's FTSE 100 stocks index hit record highs Tuesday, catching up with major global peers which have struck all-time …
Full Story »
Stocks rise ahead of US data and earnings, London hits fresh record
Apr 23 2024
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans …
Full Story »
Markets up ahead of US data and earnings, London hits fresh record
Apr 23 2024
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans …
Full Story »
In world first, Venice to trial day tickets
Apr 23 2024
Venice will this week begin charging day trippers for entry, a world first aimed at easing pressure on the Italian city …
Full Story »
Most Asian markets rise with earnings, US data in view
Apr 23 2024
Asian markets mostly rose Tuesday, with hopes for earnings this week from tech titans helping to offset worries about …
Full Story »
Norway women bring seaweed to culinary heights in Europe
Apr 23 2024
In the glacial waters of the Lofoten archipelago in Norway's far north, Angelita Eriksen uses a knife to cut a handful …
Full Story »
Tesla earnings a 'moment of truth' for Musk after stumbles
Apr 23 2024
Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles …
Full Story »
EU lawmakers to greenlight new spending rules
Apr 23 2024
The EU hopes to move towards healthier public finances after the expected passage of reforms to the bloc's spending …
Full Story »
EU threatens to suspend TikTok Lite app's 'addictive' rewards
Apr 23 2024
The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it …
Full Story »