Business and Economy
Stocks rise on trade hopes, London boosted by reports of deal
AFP - 4m ago
Asian and European markets mostly rose Thursday ahead of weekend tariff talks between China and the United States, with …
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Trump to announce 'trade deal' with UK
AFP - 24m ago
The United States and Britain were reportedly set to announce a trade agreement on Thursday that could have implications …
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Emirates airline group announces record $6.2 bn gross profit
AFP - 40m ago
Dubai's Emirates Group, which includes the Middle East's biggest airline, announced on Thursday gross annual profit of …
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Nintendo forecasts 15 million Switch 2 sales in 2025-26
AFP - 48m ago
Japanese gaming giant Nintendo forecast Thursday that it would sell 15 million units of its hotly awaited Switch 2 …
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Toyota cites tariffs as it forecasts 35% net profit drop
AFP - 1h ago
Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the current financial …
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Global cult following keeps Le Creuset simmering
AFP - 2h ago
They feature in the Duchess of Sussex's "With Love, Meghan" Netflix cooking show. They've been spotted in rapper Snoop …
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Toyota cites tariffs as it forecasts 35% drop in 2025-26 net profit
AFP - 58m ago
Japanese auto giant Toyota on Thursday forecast a 35 percent year-on-year drop in net profit for 2025-26 citing Donald …
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Trump official to unveil ambitious US air traffic control upgrade
AFP - 3h ago
Faced with fresh flight safety problems at a major US airport, the Trump administration is set Thursday to unveil a …
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Trump to announce trade deal with UK on Thursday: US media
AFP - 3h ago
Donald Trump will announce a trade deal with the United Kingdom on Thursday, US media reported, after the president …
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Stocks rise further on growing trade deal hopes
AFP - 4h ago
Asian stocks extended their rally Thursday on hopes for an easing of trade war tensions as China and the United States …
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Bank of England set to cut rate amid Trump's tariffs
AFP - 7h ago
The Bank of England is widely expected to cut its key interest rate by a quarter point Thursday as US President Donald …
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Trump tariff plan brings Hollywood's struggles into focus
AFP - 7h ago
Donald Trump's proposal to put 100 percent tariffs on foreign movies left many filmmakers scratching their heads. But it …
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California leads lawsuit over Trump's EV charging funding change
May 07 2025
Donald Trump's order to withhold $5 billion earmarked to grow the electric vehicle charging network in the United States …
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US Fed pauses rate cuts again and warns of inflation, unemployment risks
May 07 2025
The US Federal Reserve on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and …
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Global stocks mixed as markets eye weekend US-China trade talks
May 07 2025
Wall Street stocks finished modestly higher Wednesday as the Federal Reserve kept interest rates unchanged while markets …
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Perrier ordered to remove water filters
May 07 2025
French authorities ordered Nestle on Wednesday to stop filtering its Perrier and held back on allowing the …
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US Fed pauses cuts again and flags inflation, unemployment risks
May 07 2025
The US Federal Reserve on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and …
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Google shares plunge after Apple executive's court testimony
May 07 2025
Shares in Google parent Alphabet plunged more than eight percent on Wednesday after Apple executive Eddy Cue testified …
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US safety officials slow operations at Newark airport after outage
May 07 2025
Regulators said Wednesday they have been slowing arrivals and departures at one of the United States' busiest airports …
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US Fed pauses rate cuts again, flags higher inflation risk
May 07 2025
The US Federal Reserve on Wednesday announced another rate cut pause and warned of higher risks to its inflation and …
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Alphabet's share price plunges on traffic drop testimony
May 07 2025
Shares in Google parent Alphabet plunged more than seven percent on Wednesday after an Apple executive told a federal …
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EU trade chief says accelerating free trade talks with Asia
May 07 2025
The European Union is accelerating free trade talks with Asia following hefty tariffs by US President Donald Trump, the …
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South Africa launches reform of derelict municipalities
May 07 2025
South African President Cyril Ramaphosa unveiled Wednesday a plan to revive South Africa's flagging local governments, …
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Chinese stocks, dollar rise before trade talks, Fed move
May 07 2025
Chinese stocks rose on Wednesday, as did the dollar, as investors eyed weekend US-China trade talks and an imminent …
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Sheinbaum says Mexico will defend free trade deal with US, Canada
May 07 2025
Mexico will fight to keep its free trade agreement with the United States and Canada in the face of President Donald …
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US, Chinese stocks up before trade talks, Fed move
May 07 2025
US and Chinese stocks rose on Wednesday, along with the dollar, as investors eyed weekend US-China trade talks and an …
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Disney announces new theme park in Abu Dhabi
May 07 2025
The Walt Disney Company announced plans Wednesday for a new theme park in the United Arab Emirates, highlighting the …
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EU eyes targeting 100 bn euros of US goods with tariffs
May 07 2025
The EU is preparing to hit US goods worth nearly 100 billion euros ($113 billion) with tariffs in retaliation for …
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No rate cuts expected from US Fed facing 'unfavorable' conditions
May 07 2025
The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff rollout: …
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Merz tells France Mercosur trade deal must be ratified 'quickly'
May 07 2025
Germany's new Chancellor Friedrich Merz said on Wednesday EU countries should "quickly" ratify a free trade deal with …
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New German finance minister says 'no time to lose'
May 07 2025
Germany's new Finance Minister Lars Klingbeil said Wednesday there was "no time to lose" to jump-start Europe's …
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Weight-loss drugmaker Novo Nordisk slims sales forecast
May 07 2025
Danish drugmaker Novo Nordisk, known for its blockbuster diabetes and weight-loss treatments Ozempic and Wegovy, cut its …
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Stocks mixed before Fed decision, China-US trade talks
May 07 2025
Stock markets diverged and the dollar rose on Wednesday as investors awaited an upcoming interest rate decision by the …
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Danish firm Orsted halts huge UK offshore wind farm project
May 07 2025
Danish renewables firm Orsted said Wednesday it was shelving plans to build a massive wind farm off the UK coast due to …
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Distillery layoffs send shudders across remote Scottish island
May 07 2025
When Scotland's windswept Isle of Harris welcomed its first commercial distillery a decade ago, it was about more than …
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BMW upbeat on riding out US tariff chaos
May 07 2025
German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming …
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Asian stocks rise as China-US trade talks boost optimism
May 07 2025
Asian equities rose Wednesday after China and the United States said they would hold trade talks at the weekend, fanning …
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Hit by Trump cuts, journalists at Dubai-based US channel face uncertain future
May 07 2025
Sara, a Dubai-based journalist, joined the US-funded Alhurra TV news channel hoping for job security. But after it …
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China eases monetary policy to boost ailing economy
May 07 2025
China on Wednesday eased key monetary policy tools in a bid to boost its ailing economy as it struggles with the effects …
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Taiwan bicycle makers in limbo as US tariff threat looms
May 07 2025
Weeks after Donald Trump's global tariff bombshell, Jeff Chen's factory in Taiwan is as busy as ever turning out carbon …
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Tobacco town thrives as China struggles to kick the habit
May 07 2025
Visitors mill around a bright red hilltop pagoda in southwestern China, gazing down at a sprawling cigarette factory …
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US, Chinese officials to hold trade talks in Switzerland
May 06 2025
Senior US and Chinese officials will travel to Switzerland later this week to kickstart stalled trade talks following …
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US jury awards WhatsApp $168 mn in NSO Group cyberespionage suit
May 06 2025
A US jury on Tuesday handed WhatsApp a major victory in its cyberespionage suit against NSO Group, ordering the …
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Stocks retreat as traders cautious before Fed rates call
May 06 2025
Stock markets mostly dropped on Tuesday as investors awaited a Federal Reserve interest-rate decision while anticipating …
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Trump says US should to stop 'subsidizing' Canada as trade talks continue
May 06 2025
President Donald Trump on Tuesday said the United States should stop "subsidizing" Canada, as he hosted the country's …
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EU proposes ending all Russian gas imports by 2027
May 06 2025
The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, …
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UK, India strike trade deal amid US tariff blitz
May 06 2025
Britain on Tuesday struck a free trade agreement with India, its biggest such deal since leaving the European Union, …
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No signs of US recession, Treasury Secretary says
May 06 2025
There are currently no signs that the United States has entered a recession despite the world's largest economy …
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EDF complaint blocks Czech-Korean nuclear deal
May 06 2025
A Czech court said Tuesday it blocked a multi-billion-dollar deal between Prague and South Korea's KHNP on the …
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US trade deficit hit fresh record before new Trump tariffs
May 06 2025
The US trade deficit reached a new record in March, according to fresh government data published Tuesday, as imports …
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US Fed starts rate meeting under cloud of tariff uncertainty
May 06 2025
The US Federal Reserve began a two-day discussion over interest rates Tuesday, with policymakers widely expected to …
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Stocks diverge as traders await Fed rates meeting
May 06 2025
Stock markets diverged Tuesday as investors awaited a US Federal Reserve interest-rate meeting for signs of the outlook …
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Tesla sales fall again in Germany as drivers steer clear of Musk
May 06 2025
Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed Tuesday, as …
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EU to lay out plan to cut last Russian gas supplies
May 06 2025
The EU on Tuesday is due to unveil a keenly anticipated plan to phase out its remaining gas ties to Moscow, a challenge …
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Food delivery app DoorDash agrees to buy peer Deliveroo
May 06 2025
US food delivery app DoorDash has agreed to buy UK-based rival Deliveroo for £2.9 billion ($3.9 billion) in a deal that …
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Dollar recovers some losses, stocks mixed as traders eye tariff deals
May 06 2025
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump's sweeping tariffs, while …
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'Makes no sense': Hollywood shocked by Trump's film tariffs announcement
May 06 2025
Hollywood reacted with skepticism on Monday to US President Donald Trump's announcement of 100 percent tariffs on …
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DoorDash agrees £2.9 billion takeover of Deliveroo
May 06 2025
US delivery service DoorDash has agreed to take over UK peer Deliveroo in a deal worth £2.9 billion ($3.9 billion), …
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'Aussiewood' courts Hollywood as Trump film tariffs loom
May 06 2025
Australia still wants to make "great films" with the United States, Foreign Minister Penny Wong said Tuesday, as new …
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How a privately owned city in Kenya took on corrupt officials
May 06 2025
To many, Tatu City on the outskirts of Nairobi looks like a success.
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Philips turns in a profit but China, tariffs weigh
May 06 2025
Dutch medical device maker Philips reported a net profit for the first time in three quarters Tuesday despite weak sales …
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Dollar recovers some losses, stocks gain as traders eye tariff deals
May 06 2025
The dollar rose in Asia on Tuesday fuelled by hopes for trade deals to avert Donald Trump's sweeping tariffs, while …
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Ford sees $1.5 bn tariff hit this year, suspends 2025 forecast
May 06 2025
Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle …
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US film studio shares slip on Trump tariff threat
May 05 2025
Shares in US film studios slid on Monday following a threat by US President Donald Trump to impose 100 percent tariffs …
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OpenAI abandons plan to become for-profit company
May 05 2025
OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, …
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Meta content moderator cuts over 2,000 jobs in Spain: union
May 05 2025
Canadian tech firm Telus International, tasked by Meta to moderate content on its social media networks Facebook and …
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Oil prices slide after OPEC+ output hike
May 05 2025
Oil prices slumped on Monday after OPEC+ countries announced a production hike despite oversupply concerns and growing …
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Warren Buffett to remain as Berkshire Hathaway board chair
May 05 2025
American investor Warren Buffett, 94, will remain as chairman of Berkshire Hathaway's board of directors once he steps …
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France, EU take aim at Trump's assault on science, seek to lure US researchers
May 05 2025
French President Emmanuel Macron and European Commission head Ursula von der Leyen took aim at Donald Trump's policies …
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Spain foreign tourist numbers break record in early 2025
May 05 2025
Spain welcomed a record 17 million foreign tourists in the first three months of 2025 as the buoyant sector drives an …
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Spain's blackout highlights renewables' grid challenge
May 05 2025
The cause of last week's massive power outage in Spain and Portugal remains unclear but it has shone a spotlight on …
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Trump says ordering '100% tariff' on all movies produced abroad
May 05 2025
US President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States, claiming …
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'Bombshell' OPEC+ output hike hits oil price
May 05 2025
Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks …
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US Fed expected to pause rate cuts again, await clarity on tariffs
May 04 2025
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how …
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Trump says 'I don't know' if must uphold US Constitution as president
May 04 2025
US President Donald Trump said in remarks airing Sunday that he does not know whether he must uphold the US …
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US Fed expected to pause cuts again and wait for clarity on tariffs
May 04 2025
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how …
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Mozart chocolate row leaves bitter taste in Austria
May 04 2025
At a small high-end confectionery in Vienna, chefs put the finishing touches to one of Austria's signature souvenirs: …
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US solar tariffs could drive Asia transition boom
May 04 2025
Massive planned US duties on solar panels made in Southeast Asia could be a chance for the region to ramp up its own …
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Easy vote turns Musk's dreams for Starbase city in Texas into reality
May 04 2025
Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas …
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Warren Buffett to retire from Berkshire Hathaway by year's end
May 03 2025
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway …
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Warren Buffett says will retire from Berkshire Hathaway by year's end
May 03 2025
Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway …
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Warren Buffett: billionaire investor with simple tastes
May 03 2025
Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren …
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Meta fighting Nigerian fines, warns could shut Facebook, Instagram
May 03 2025
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off …
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OPEC+ countries to open the oil taps despite price slump
May 03 2025
Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk …
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Musk's dreams for Starbase city in Texas hang on vote
May 03 2025
Tech billionaire Elon Musk's dream of gaining city status for his SpaceX spaceport in the southern US state of Texas …
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Inflation, hotel prices curtail Japanese 'Golden Week' travels
May 03 2025
Japan's annual "Golden Week" holiday period gets into full swing Saturday, but inflation and hotel prices sent soaring …
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Australians vote in election swayed by inflation, Trump
May 03 2025
Millions of Australians voted Saturday in a bitterly contested general election, following a campaign shaped by living …
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Mexican mega-port confronts Trump's tariff storm
May 03 2025
At dawn, container ships from Asia unload at a huge Pacific port in Mexico that so far appears to be weathering the …
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Trump's tariffs bite at quiet US ports
May 03 2025
At the Port of Los Angeles, the frenetic choreography of cranes unloading containers from Asia has slowed to a tiptoe, …
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Carney vows to transform Canada economy to withstand Trump
May 03 2025
Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada's economy since the end of …
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Apple eases App Store rules under court pressure
May 02 2025
Apple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap …
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Polls open in Australian vote swayed by inflation, Trump
May 02 2025
Australians began voting Saturday in a bitterly contested general election, deciding a contest shaped by living costs, …
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US hiring better than expected despite Trump uncertainty
May 02 2025
US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data …
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Billionaire-owned Paris FC win promotion and prepare to take on PSG
May 02 2025
Six months after a joint takeover that involved Europe's richest man and drinks giant Red Bull, Paris FC squeezed out a …
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Stocks gain on US jobs data, tariff talks hopes
May 02 2025
Global stock markets rose on Friday following a solid US jobs report as investors greeted positive signs on the US-China …
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Trump eyes huge 'woke' cuts in budget blueprint
May 02 2025
US President Donald Trump on Friday outlined sweeping cuts targeting "woke" and "wasteful" spending in his first budget …
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EU wins post-Brexit fishing row with Britain
May 02 2025
The European Union on Friday won a landmark case against Britain at the world's oldest arbitration body over post-Brexit …
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Lower profits at US oil giants amid fall in crude prices
May 02 2025
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid …
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GM cuts shift at Canada plant over 'evolving trade environment'
May 02 2025
General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President …
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US ends duty-free shipping loophole for low-cost goods from China
May 02 2025
The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major …
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Grand Theft Auto VI release postponed to May 2026
May 02 2025
The creative team behind the popular Grand Theft Auto videogame series postponed the launch of the latest installment by …
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Lawyers probe 'dire' conditions for Meta content moderators in Ghana
May 02 2025
Lawyers are probing "dire" workplace conditions for Meta content moderators in Ghana, attorneys involved in the …
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