Business and Economy
Trump says made 'fantastic trade deals' with Xi
AFP - 1h ago
President Donald Trump said Friday he had made "fantastic trade deals" with China's Xi Jinping, as the pair ended a …
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Indian magnate Adani agrees multi-million-dollar penalty in US court case
AFP - 2h ago
Indian billionaire industrialist Gautam Adani has agreed to pay a multi-million-dollar settlement in a US civil court …
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Mines 'draining Turkey's water sources', environmentalists warn
AFP - 2h ago
Guney was once a water-rich village fed by 50 springs in Turkey's western Usak province, but since a gold mine opened 20 …
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Zimbabwe tobacco hits new highs under smallholder contracts
AFP - 2h ago
Rows of green tobacco plants stretched towards the bush in a vast field of a crop that has rebounded to record levels in …
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India hikes fuel prices as Middle East war strains supplies
AFP - 3h ago
India's state-run oil companies raised petrol and diesel prices by more than three percent on Friday as disruption to …
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Markets wait on Trump-Xi summit, Seoul hits record
AFP - 5h ago
Oil inched higher and Asian markets traded in a narrow range Friday as investors awaited tangible results from US …
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Trump to seek tangible trade wins in Xi summit
AFP - 57m ago
US President Donald Trump is seeking trade wins when he meets Xi Jinping on Friday for the last day of a superpower …
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Trump traded hundreds of millions in US securities in 2026
AFP - 6h ago
US President Donald Trump was involved in buying and selling securities linked to American companies in transactions …
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Canada's Cohere embraces 'low drama' amid AI giant tumult
AFP - 7h ago
In an industry that runs on hype and grand gestures, Canadian AI firm Cohere is charting a different course from Silicon …
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Egypt farmers hit by Iran war price surge
AFP - 8h ago
Egyptian smallholders have seen their lives upended by the war in Iran, with soaring fertiliser and energy prices …
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LVMH sells Marc Jacobs to WHP Global, which will form partnership with G-III
AFP - 9h ago
French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday.
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Closing arguments in blockbuster trial pitting Musk against OpenAI
May 14 2026
Lawyers for Elon Musk and OpenAI presented closing arguments Thursday in a blockbuster trial where the verdict could …
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Tech stocks rally rolls on as US-China talks underway
May 14 2026
European and US stock markets climbed Thursday with Wall Street indices notching fresh records as a tech-fueled rally …
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Xi warns Trump on Taiwan at Beijing summit
May 14 2026
Chinese President Xi Jinping warned his US counterpart Donald Trump that missteps on Taiwan could push their two …
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US tariffs, cyberattack drive Jaguar Land Rover into loss
May 14 2026
US import tariffs and a debilitating cyberattack pushed Jaguar Land Rover into an annual loss, figures published …
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IMF sees risks to global growth forecast over sustained Iran war
May 14 2026
The International Monetary Fund warned on Thursday that continuing disruptions due to the Iran war meant its global …
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China's Weichai wins battle for Ferretti yacht maker
May 14 2026
Chinese group Weichai on Thursday took control of the world's top yacht maker, Ferretti, after a takeover battle with a …
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Honda suspends plans for new electric vehicle plant in Canada
May 14 2026
Japanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have …
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Germany's Merz calls for more investment, less subsidies in EU budget
May 14 2026
German Chancellor Friedrich Merz urged the European Union on Thursday to reform its budget to include more investments …
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Stocks diverge tracking tech, US-China talks
May 14 2026
European and Asian stock markets diverged on Thursday as investors weighed high-stakes talks between the United States …
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UK economy resilient as Mideast war, political risks loom
May 14 2026
Britain's economy expanded in the first quarter, official data showed Thursday, offering a boost to embattled Prime …
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Iran war and oil dominate BRICS meet in India
May 14 2026
BRICS nations, including Iran and Russia, met in New Delhi on Thursday, where India warned of "considerable flux" in a …
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Asia stocks uneven as investors assess high-stakes Trump-Xi talks, AI rally
May 14 2026
Asian markets were mixed Thursday as investors weighed high-stakes US-China talks and persistent inflation concerns, …
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Burberry returns to full-year profit on turnaround plan
May 14 2026
British fashion label Burberry said Thursday that it returned to profit in its latest fiscal year thanks to a sizeable …
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India bars sugar exports until September
May 14 2026
India, one of the world's largest sugar producers, has banned exports of the key commodity until the end of September to …
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EV overhaul drags Honda to first operating loss since 1957
May 14 2026
Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy …
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Honda posts operating loss, first since 1957
May 14 2026
Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy …
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Xi warns Trump Taiwan issue could lead to 'conflict' as US-China summit starts
May 14 2026
Chinese President Xi Jinping warned his US counterpart Donald Trump that the issue of Taiwan could push their two …
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Trump heralds 'fantastic future' for US-China as talks with Xi begin
May 14 2026
US President Donald Trump on Thursday told China's Xi Jinping their countries would have "a fantastic future together", …
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Asia markets mixed as Trump-Xi summit, AI trade dominate
May 14 2026
Asian markets were mixed Thursday as investors weighed a high-stakes US-China summit and persistent inflation concerns, …
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Indian pharma fuels Africa's 'zombie drug' and opioid crisis
May 14 2026
They come in blister packs of 10 like any normal painkiller and you can buy them easily in roadside kiosks and street …
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US jury begins deliberations on 737 MAX victim suit against Boeing
May 13 2026
A Chicago jury began deliberations Wednesday afternoon in a suit brought against Boeing by family members of a …
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S&P 500, Nasdaq end at records as oil prices retreat
May 13 2026
Major Wall Street stock indices shrugged off a surprisingly big jump in US inflation Wednesday and pushed to fresh …
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Warsh confirmed as Fed chair as central bank faces Trump assault
May 13 2026
The US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose …
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US races to secure rare earths to rebuild depleted arsenal
May 13 2026
The United States is working hard to create a supply chain for rare earths -- metals needed to replenish its military …
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Kevin Warsh returns to Federal Reserve with 'regime change' agenda
May 13 2026
Kevin Warsh, the incoming chair of the US Federal Reserve, returns to the central bank with an ambitious reform agenda …
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Stocks rise ahead of US-China summit
May 13 2026
Stock markets drifted higher Wednesday as investors awaited a high-stakes summit between the United States and China, …
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US wholesale prices jump 6.0% year-on-year in April, highest since 2022
May 13 2026
Wholesale prices in the United States rose sharply in April, lifted by a surge in energy costs related to the Iran war, …
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Nations drawing down oil stocks at record pace: IEA
May 13 2026
Countries are tapping into oil inventories and strategic reserves at a "record pace" due to the "unprecedented" supply …
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Strong US economy's resilience to shocks tested by Iran war
May 13 2026
If you look at the numbers, the United States economy seems to be doing surprisingly well despite massive successive …
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One trip, one ticket: New EU rules aim to ease train travel
May 13 2026
The EU plans to force railway companies to sell rivals' tickets on their websites and share data with booking platforms, …
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Stocks waver, oil steady ahead of US-China summit as Iran talks stall
May 13 2026
Stock markets were mixed Wednesday and oil prices steadied but remained above $100 a barrel as investors awaited a …
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Warsh set to take over a divided Fed facing Trump assaults
May 13 2026
The US Senate is expected to confirm Kevin Warsh as Federal Reserve chairman on Wednesday, as President Donald Trump …
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Chinese tech giant Alibaba posts profit drop amid AI drive
May 13 2026
Chinese tech giant Alibaba said Wednesday that net profit dropped by nearly a fifth during its most recent fiscal year, …
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Stocks rise ahead of US-China summit as Iran talks stall
May 13 2026
Stock markets mostly rose on Wednesday as investors awaited a high-stakes summit between the leaders of the United …
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Africa must drop 'victim mentality': mogul Tony Elumelu
May 13 2026
Africans should welcome all foreign investors and put colonial hang-ups behind them, Nigerian businessman and …
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Nissan expects return to profit after huge loss
May 13 2026
Nissan projected Wednesday a small net profit this year after posting a huge loss for the second year running, with the …
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Asian stocks mixed on US-Iran impasse, AI setbacks
May 13 2026
Asian stocks were mixed on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks …
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Fugitive financier sought in Malaysian fund scandal seeks Trump's pardon
May 13 2026
A fugitive financier accused of involvement in a massive corruption scandal in Malaysia in which top officials looted …
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'Short of blue-collar workers': Ukraine's battle for labour
May 13 2026
After fleeing Russia's advancing army and resettling in the central industrial hub of Dnipro, Ukrainian worker Anatoliy …
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AI rivalry overshadows push for guardrails at Xi-Trump talks: experts
May 13 2026
Fears that artificial intelligence could help people design bioweapons or hack into national infrastructure are mutual …
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Asian stocks fall on US-Iran impasse, AI setbacks
May 13 2026
Asian stocks fell on Wednesday as markets digested the lack of progress towards Middle East peace and setbacks that …
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EU to ease train travel with one journey, one ticket rules
May 13 2026
The EU could force railway companies to sell rivals' tickets on their websites and share data with booking platforms …
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Musk 'wanted 90%' of OpenAI, Altman tells feisty tech titan trial
May 13 2026
Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday …
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Paramount defends Warner bid amid California probe
May 13 2026
Paramount Skydance has defended its attempt to buy the legendary Warner Bros. studio, in a letter to California's top …
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Musk 'wanted 90%' of OpenAI, Altman tells tech titan trial
May 12 2026
Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday …
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Oil prices advance, stocks mostly fall on US-Iran deadlock
May 12 2026
Oil prices rallied and stock markets mostly fell Tuesday as markets digested the lack of progress towards Middle East …
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Musk 'wanted 90%' of OpenAI, Altman says in high-stakes trial
May 12 2026
Elon Musk was obsessed with trying to control OpenAI, the artificial intelligence company's CEO Sam Altman said Tuesday …
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US appeals court halts order declaring Trump's global 10% tariff illegal
May 12 2026
A US federal appeals court on Tuesday temporarily paused a ruling declaring President Donald Trump's global 10-percent …
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US consumer inflation hits three-year high fuelled by Iran war
May 12 2026
Consumer inflation in the United States hit a three-year high in April, with the economic fallout of US President Donald …
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US Senate confirms Trump-nominee Warsh to Federal Reserve board
May 12 2026
The US Senate on Tuesday confirmed Kevin Warsh as a governor on the board of the Federal Reserve, clearing the way for …
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French court convicts VW for 'consumer harm' in 'Dieselgate' scandal
May 12 2026
A French court has ordered Volkswagen to pay 100,000 euros ($117,000) on charges of "consumer harm" over the Dieselgate …
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Singaporean, Indian firms face criminal charges over Maryland bridge crash
May 12 2026
A Singapore-based company and another in India have been indicted on multiple criminal charges over a 2024 ship crash …
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Oil prices advance, stocks retreat on US-Iran deadlock
May 12 2026
Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to …
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Sam Altman to testify at California tech titan trial
May 12 2026
OpenAI founder Sam Altman was expected to take the stand Tuesday in the blockbuster civil trial in California triggered …
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Oil prices jump, stocks retreat on US-Iran deadlock
May 12 2026
Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to …
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War in the Middle East: latest developments
May 12 2026
Here are the latest developments in the Middle East war:
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South Korea official floats AI profit social tax as tech giants boom
May 12 2026
A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom …
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Vodafone sees signs of recovery amid turnaround plan
May 12 2026
British mobile phone giant Vodafone said Tuesday that it sharply reduced its annual losses as it undergoes major …
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Australia's economy 'hostage' to Mideast war: treasurer
May 12 2026
Australia will avoid recession even if a prolonged Middle East war pushes the oil price to $200 a barrel, Treasurer Jim …
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Bayer profit up but glyphosate sales struggle
May 12 2026
German agrichemical and pharmaceutical giant Bayer reported Tuesday a bump in first-quarter profit, driven by its …
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Japan crisp packs to go colourless due to Iran war crunch
May 12 2026
Japan's leading potato chip maker is feeling the crunch from shortages linked to the Iran war, swapping its signature …
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US-Iran deadlock pushes oil higher, Seoul falls on calls for AI social tax
May 12 2026
Oil prices climbed on Tuesday as US-Iran talks stalled, while South Korean calls for a social tax on AI profits dragged …
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Thyssenkrupp cuts sales outlook on Mideast war
May 12 2026
German industrial giant Thyssenkrupp cut it sales forecast Tuesday, warning that the war in the Middle East would weigh …
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Oil climbs on US-Iran deadlock, Seoul falls on calls for AI social tax
May 12 2026
Oil prices climbed on Tuesday as US-Iran talks stalled, while South Korean calls for a social tax on AI profits dragged …
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Bayer profit up on seed business but glyphosate sales struggle
May 12 2026
German agrichemical and pharmaceutical giant Bayer reported a bump in first-quarter profit on Tuesday, driven by its …
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New Zealand moves to halt lawsuits over climate damage
May 12 2026
New Zealand will change the law to prevent lawsuits that seek to hold companies liable for "climate change damage" …
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South Korea floats AI profit social tax as tech giants boom
May 12 2026
A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom …
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Trump warns Mideast truce on 'life support', Iran says ready for any aggression
May 12 2026
President Donald Trump warned the ceasefire in the Middle East war was on "life support" Monday after rejecting the …
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Oil climbs but markets shrug off US-Iran deadlock
May 12 2026
Oil prices climbed on Tuesday as US-Iran talks stalled, while markets were mixed as traders appeared to shrug off …
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Dua Lipa sues Samsung in US over use of her likeness on TV box
May 12 2026
Pop star Dua Lipa is suing Samsung over trademark infringement, alleging the South Korean conglomerate illegally used a …
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MD-11, aircraft in fatal crash, cleared for US flight once more
May 11 2026
The McDonnell Douglas MD-11 -- a jetliner involved in a fatal crash in November -- has been cleared to return to flight, …
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Microsoft boss 'proud' of profit-making OpenAI investment
May 11 2026
Microsoft CEO Satya Nadella said Monday he was "very proud" of his company's profitable early investment in OpenAI, as …
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Oil rises, stocks mostly higher on US-Iran deadlock
May 11 2026
Global stock markets mostly rose Monday while oil prices climbed after US President Donald Trump rejected Iran's terms …
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Trump says Mideast truce on 'life support' after rejecting Iran stance
May 11 2026
President Donald Trump said the ceasefire in the Middle East war was on "life support" Monday after rejecting Iran's …
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Trump to suspend US gas tax as Iran war spikes prices
May 11 2026
US President Donald Trump said on Monday that he plans to suspend a federal gasoline tax as consumers deal with surging …
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Macron announces 23 bn euros of investment at Africa summit
May 11 2026
French President Emmanuel Macron announced 23 billion euros ($27 billion) of investment for Africa during a major summit …
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No end to war in sight as Iran and US reject talks terms
May 11 2026
Iran said Monday it had demanded the release of its frozen assets and the end of a US blockade of its ports, after …
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Oil rises, stocks mixed on US-Iran deadlock
May 11 2026
Global stock markets diverged while oil prices rose on Monday after US President Donald Trump rejected Iran's terms for …
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Oil rises, stocks diverge on US-Iran deadlock
May 11 2026
Global stock markets diverged and oil prices rose on Monday after US President Donald Trump rejected Iran's terms for …
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No end to deadlock as Iran, US reject talks terms
May 11 2026
Iran said Monday it had demanded the release of its frozen assets and the end of a US blockade of its ports, after …
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Oil soars as Trump rejects Iran's terms
May 11 2026
Oil prices rose on Monday after US President Donald Trump rejected Iran's terms for ending the war in the Middle East, …
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Climate risks fuel insurance costs, squeezing US households even inland
May 11 2026
After Tony Dunn lost his home in a California wildfire, he moved to mountainous North Carolina to avoid more climate …
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Microsoft boss to testify on his role in OpenAI's founding
May 11 2026
Microsoft CEO Satya Nadella is expected to take the stand Monday in Elon Musk's lawsuit against OpenAI, to explain …
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Macron arrives in Kenya ahead of Africa summit
May 10 2026
President Emmanuel Macron on Sunday met his Kenyan counterpart William Ruto in Nairobi as part of an African visit aimed …
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Oil giant Saudi Aramco says quarterly profits up as crude prices surge
May 10 2026
Saudi oil giant Aramco said Sunday its net profit rose by 25.5 percent in the first quarter compared to the same period …
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Soaring energy profits reignite calls for windfall tax
May 10 2026
European oil and gas companies who posted huge profits in the first quarter on soaring prices caused by the war in the …
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UK's Starmer vows to 'listen to voters' after election drubbing
May 09 2026
British Prime Minister Keir Starmer promised on Saturday he would "listen to voters" after his Labour party received a …
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Spirit exit likely to lead to higher US airfares, experts say
May 09 2026
The demise of ultra low-cost carrier Spirit Airlines is expected to add further upward pressure to US fares, according …
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Global stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes
May 08 2026
Global stock markets diverged and oil prices rose Friday as fresh US-Iran clashes in the Strait of Hormuz jolted hopes …
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Stocks diverge, oil rises as fresh US-Iran clashes hit peace hopes
May 08 2026
Stock markets diverged and oil prices rose Friday as fresh US-Iran clashes in the Strait of Hormuz jolted hopes for a …
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Selling factories to Chinese partners: risky road for European carmakers
May 08 2026
Carmaker Stellantis announced Friday it is considering selling an underutilised factory in Spain to its Chinese joint …
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