Business and Economy
US renews blockade, trades strikes with Iran over Hormuz strait
AFP - 2m ago
US forces struck Iran and reimposed a naval blockade on its ports as Tehran hit Washington's Gulf allies on Wednesday, …
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Australian PM says to enact laws to govern AI
AFP - 52m ago
Australia will enact laws to regulate how artificial intelligence data centres use power and water, and to protect …
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China's economic growth hits slowest pace in more than three years
Jul 15 2026
China's economy grew at its weakest pace in more than three years during the second quarter, data showed Wednesday, …
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AI ignites 'ignored sector' for Japan chipmaker Kioxia
Jul 15 2026
Robotic transporters carrying silicon wafers whizz by on overhead rails at a new factory that Kioxia, one of Japan's …
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Seoul leads Asian stocks higher as US inflation eases rate fears
Jul 15 2026
Seoul led gains across Asian equity markets Wednesday as tech firms bounced back following a softer-than-expected US …
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Writers union sues to block US Paramount deal
Jul 15 2026
The Writers Guild of America (WGA) filed a lawsuit Tuesday to block Paramount Skydance's proposed takeover of Hollywood …
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IBM shares plunge 25% as AI spending boom disrupts business
AFP - 7h ago
IBM shares plunged 25 percent Tuesday after the US tech giant released disappointing preliminary second-quarter results, …
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Nasdaq rebounds as cooling US inflation weighs on dollar
AFP - 7h ago
Wall Street stocks rose following strong earnings from large US banks and an unexpectedly benign inflation report that …
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IBM shares plunge as AI spending boom disrupts business
AFP - 2h ago
Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter …
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US inflation cools in June before renewed Mideast fighting
AFP - 11h ago
US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, …
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Trump backtracks on plan to toll Hormuz ships
AFP - 11h ago
US President Donald Trump on Tuesday abruptly scrapped a planned 20 percent levy on ships transiting the Strait of …
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Dollar slides as rate hike prospects ease, oil gains moderate
AFP - 4h ago
The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month.
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Why does Brazil's PIX payment system bother Donald Trump?
AFP - 2h ago
Whether buying a chilled coconut at the beach or paying rent, Brazil's free PIX system has become the dominant way of …
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Ticking time bomb? Europe's ageing population brings challenges
AFP - 14h ago
The population of the 27-nation European Union will peak in 2029 before falling in the coming decades, according to a …
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Oil gains on fresh attacks, dollar slides as inflation slows
AFP - 1h ago
Oil prices surged on Tuesday after fresh US strikes against Iran, fuelling fears for the future of Middle East peace …
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Dangote's mega oil project threatens fragile Kenyan ecosystem: Greenpeace
AFP - 15h ago
Climate rights group Greenpeace Africa called on Tuesday for a halt to a proposed mega oil refinery project by Africa's …
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US consumer inflation cools in June on lower energy costs
AFP - 57m ago
US consumer inflation cooled more than expected in June, government data showed Tuesday, as energy prices fell on a …
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Swiss probe Google dropping search choice on Android phones
AFP - 16h ago
The Swiss competition authority announced Tuesday it had opened a preliminary investigation into Google's removal of the …
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Oil extends gains after fresh US strikes
AFP - 2h ago
Oil prices surged on Tuesday after fresh US strikes against Iran, fuelling fears over their already fragile truce and …
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Turn off addictive features on social media for children, say EU lawmakers
AFP - 16h ago
There should be a "youth mode" for children on social media platforms in which addictive features and targeted …
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Oil extends gains after fresh US strikes, stocks mostly rise
AFP - 2h ago
Oil prices jumped again on Tuesday after fresh US strikes against Iran that marked an escalation in hostilities, …
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Oil extends gains after latest US strikes, tech suffers more losses
AFP - 5h ago
Oil prices jumped and stocks fell again Tuesday after fresh US strikes against Iran that marked a new escalation in …
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Oil prices surge on US-Iran attacks; tech shares fall
Jul 13 2026
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff …
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Twelve US states sue to block Paramount's Warner Bros. takeover
Jul 13 2026
California and 11 other US states on Monday sued to block Paramount Skydance's $110 billion takeover of Warner Bros. …
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Volkswagen confirms weighing up to 50,000 more job cuts
Jul 13 2026
Volkswagen's CEO told employees Monday a further 50,000 jobs could go at the struggling auto giant, according to an …
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Oil prices surge on US-Iran attacks; tech shares tank
Jul 13 2026
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff …
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EU sanctions target Russian state-backed messaging app
Jul 13 2026
The European Union on Monday announced sanctions against the company behind Russia's state-backed messaging app Max, …
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Switzerland, Britain conclude 'modernised' free trade deal talks
Jul 13 2026
Switzerland and Britain have concluded negotiations on an upgraded free trade agreement, Bern said Monday, saying the …
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Nigeria oil output hits six-year high, above OPEC target
Jul 13 2026
Nigeria's crude production reached a 74-month high last month, authorities said over the weekend, hitting an average of …
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Oil prices surge on US-Iran attacks
Jul 13 2026
World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff …
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De Beers to pause work at S.Africa's largest diamond mine
Jul 13 2026
De Beers announced Monday it will pause production at South Africa's largest diamond mine for two years to reduce costs …
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Oil prices spike on fresh US-Iran attacks, tech hammers on stocks again
Jul 13 2026
Oil prices jumped more than four percent on Monday after another flare-up between the United States and Iran that …
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Oil prices spike on fresh US-Iran attacks, tech weighs on stocks again
Jul 13 2026
Oil prices jumped more than four percent Monday after another flare-up between the United States and Iran that …
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'Indispensable' Xiaohongshu app fuels Chinese tourism
Jul 13 2026
Competition is fierce for professional photographers at Beijing's tourist hotspots, including a scenic lake where women …
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Car crisis takes toll on Germany's young engineers
Jul 12 2026
Despite a year of searching, previous stints at big automotive suppliers and sending out about 50 applications, German …
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West Afghanistan female dress-code crackdown hits businesses
Jul 12 2026
Businesses in Afghanistan's western city of Herat have suffered from a downturn in female customers opting to stay home …
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Economic uncertainty looms over Venezuela quake zone
Jul 11 2026
Economic woes have joined the long list of worries facing Venezuelans living in the coastal region that suffered …
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Boeing unveils new 737 MAX production line as aviation giant charts comeback
Jul 11 2026
Boeing marked another step in a marathon comeback Friday when it celebrated expanded production of the 737 MAX, now an …
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Apple sues OpenAI for stealing trade secrets
Jul 11 2026
Apple on Friday sued OpenAI, accusing the artificial intelligence company of orchestrating a campaign to steal the …
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Wall Street gets small boost from SK hynix debut
Jul 10 2026
Global stock markets rose slightly on Friday as investors digested a wave of corporate announcements, while the Nasdaq …
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SK hynix surges on first day of trading on Wall Street
Jul 10 2026
South Korean chip giant SK hynix soared 13 percent on its first day of trading on Wall Street on Friday, capping one of …
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Man nearly sucked out of 'detached' window on Ryanair flight
Jul 10 2026
A man was nearly sucked out the window of a Ryanair flight when it "detached" mid-air en route to Germany, with other …
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Nasdaq gets no boost from SK hynix debut in NY
Jul 10 2026
Global stock markets wobbled on Friday as investors digested a wave of corporate announcements, while the Nasdaq failed …
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Boeing to expand 737 MAX output as aviation giant charts comeback
Jul 10 2026
Boeing will mark another step in a marathon comeback Friday when it commemorates expanded production of the 737 MAX, now …
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Commerzbank staff's legal bid against UniCredit rejected
Jul 10 2026
German prosecutors said Friday they had rejected a complaint filed by Commerzbank's staff over alleged market …
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China approves fast-fashion giant Shein's Hong Kong listing bid
Jul 10 2026
Fashion titan Shein has won approval from China's market watchdog for its initial public offering application in Hong …
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Nasdaq dips as SK hynix arrives in NY
Jul 10 2026
Global stock markets mostly rose on Friday as investors digested a wave of corporate announcements, but the Nasdaq …
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Memorable moments from Paris Haute Couture Week
Jul 10 2026
Glowing minidresses, fairy tale-inspired designers, and clammy celebrities battling another summer heatwave all featured …
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Stocks rise as SK hynix boosts AI trade
Jul 10 2026
Global stock markets rose on Friday as investors digested a wave of corporate announcements and as tech sentiment was …
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Volkswagen sales slide further as carmaker weighs mass job cuts
Jul 10 2026
Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group …
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Gagan Gupta, man on a mission to industrialise Africa
Jul 10 2026
From timber and textiles to minerals, Indian entrepreneur Gagan Gupta has spent the past 15 years working to …
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EU tells Meta to change Facebook, Instagram's 'addictive design'
Jul 10 2026
Meta must change Facebook's and Instagram's "addictive design" or face a heavy fine, the EU warned on Friday.
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EasyJet accepts rival takeover bid from US investor Apollo
Jul 10 2026
British no-frills airline EasyJet said Friday it had accepted a £5.7-billion ($7.7-billion) takeover offer from US …
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Record visitors, record taxes: Vienna cashes in on tourist boom
Jul 10 2026
As Vienna grapples with smashed record after smashed record for tourist numbers, a plan to more than double its …
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Asian stocks rally as SK hynix breathes life back into AI trade
Jul 10 2026
South Korea's Kospi led gains across most Asian markets Friday as a record-breaking US share sale by chip titan SK hynix …
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Chip titan SK hynix raises $26.5 bn in blockbuster US listing
Jul 10 2026
South Korean chip giant SK hynix set pricing for its mega US listing on Friday, raising $26.5 billion as it takes …
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OpenAI number two Simo steps down to focus on health
Jul 09 2026
Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part-time …
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Iran buries Khamenei after new fighting with US erupts
Jul 09 2026
Iran on Friday laid to rest its former supreme leader Ali Khamenei over four months after his killing in an airstrike, …
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Chip titan SK hynix to raise $26.5 bn in blockbuster US listing
Jul 09 2026
South Korean chip giant SK hynix on Friday priced its mega US listing at $149 per share, raising around $26.5 billion in …
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Chip titan SK hynix readies for mega US listing
Jul 09 2026
South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be the …
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Black and cream and very Roman at Fendi haute couture show
Jul 09 2026
Fendi presented its first haute couture show under designer Maria Grazia Chiuri Thursday, showing off a luxurious …
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Stocks shrug off tensions to rise on renewed tech interest
Jul 09 2026
Global stock markets were largely positive on Thursday as investors rediscovered their appetite for tech names and …
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US pushes for weaker truck pollution rules
Jul 09 2026
President Donald Trump's administration on Thursday moved to loosen truck pollution regulations put in place by his …
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Iran burying Khamenei after new US fighting erupts
Jul 09 2026
Iran on Thursday was laying to rest its former supreme leader Ali Khamenei over four months after his killing in a …
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Union warns of 'conflict' as Volkswagen eyes mass job cuts
Jul 09 2026
Volkswagen workers staged protests nationwide Thursday as unions warned of a "major conflict" if the struggling German …
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New US, Iran fighting erupts ahead of Khamenei burial
Jul 09 2026
New fighting erupted between the United States and Iran ahead of the burial of supreme leader Ali Khamenei on Thursday, …
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US existing home sales dip in June as cost worries persist
Jul 09 2026
Sales of previously owned homes in the United States dropped in June, according to industry data released Thursday, as …
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Fendi shows haute couture in Rome with nod to Lagerfeld
Jul 09 2026
Fendi celebrates the first haute couture show by newly seated designer Maria Grazia Chiuri in its home city of Rome on …
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Cocoa lynchpin sees chocolate lovers make hesitant return
Jul 09 2026
Barry Callebaut, one of the world's biggest chocolate makers, signalled Thursday that chocoholics are starting to …
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EU parliament greenlights digital euro
Jul 09 2026
EU lawmakers on Thursday backed kickstarting negotiations on creating a digital version of the euro, as the European …
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Markets steady tracking US-Iran flare-up
Jul 09 2026
Oil prices, stock markets and the dollar were steadier Thursday as investors assessed the outlook for Middle East peace …
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German exports rise despite Iran war headwinds
Jul 09 2026
German exports unexpectedly rose in May, their fourth straight monthly increase, official data showed Thursday, as …
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US, Iran trade new strikes ahead of Khamenei burial
Jul 09 2026
The United States and Iran traded new strikes on Thursday that killed several people in the Islamic republic as Iranian …
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Crude pares steep gains as traders take stock after US-Iran flare-up
Jul 09 2026
Oil prices fell Thursday, clawing back some of the previous day's surge, as investors assessed the outlook for Middle …
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Crude stabilises after US-Iran flare-up rocked peace hopes
Jul 09 2026
Oil prices dipped Thursday after the previous day's surge as Donald Trump said the US ceasefire with Iran was over and …
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US, Iran trade new strikes in fight over Hormuz strait
Jul 09 2026
The United States and Iran traded strikes on Thursday for the second day running as Washington and Tehran battled over …
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Unions to protest as Volkswagen thrashes out job cut plans
Jul 09 2026
German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever …
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US crackdown on top AI fuels open-source surge
Jul 09 2026
The US government's shock moves to restrict access to top artificial intelligence systems from Anthropic and OpenAI have …
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Chip titan SK hynix to set price for mega US listing
Jul 09 2026
South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be one of …
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Crude extends rally as US-Iran flare-up rocks peace hopes
Jul 09 2026
Oil prices extended their surge Thursday as Donald Trump said the US ceasefire with Iran was over and ordered fresh …
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Oil surges, stocks slide as Trump says Iran ceasefire over
Jul 08 2026
Oil prices briefly soared back above $80 per barrel while stock markets slid Wednesday, after US President Donald Trump …
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Meta to build $9 billion data center in western Canada
Jul 08 2026
Meta said Wednesday it plans to build a $9 billion data center in western Canada's Alberta province, in what local …
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Some US Fed officials considered June rate hike on war fallout
Jul 08 2026
Some US Federal Reserve officials saw reasons to hike rates at the central bank's June policy meeting given elevated …
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UN maritime head urges halt to Hormuz transit to protect seafarers
Jul 08 2026
The head of the International Maritime Organization said Wednesday the 6,000 seafarers still stranded in the Gulf must …
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New York building that buckled now 'stable,' says mayor
Jul 08 2026
The high-rise building under renovation that buckled in the heart of Manhattan, forcing the evacuation of thousands of …
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Oil back at $80, stocks slide as Trump says Iran ceasefire over
Jul 08 2026
Oil prices briefly soared back above $80 per barrel while stock markets slid Wednesday after US President Donald Trump …
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Air Canada taps new CEO to replace chief who couldn't speak French
Jul 08 2026
Air Canada named a French-speaking European as its new CEO on Wednesday, replacing Michael Rousseau, who announced his …
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Uber Eats, Deliveroo say will give France drivers break when too hot
Jul 08 2026
Uber Eats and Deliveroo on Wednesday said they would impose afternoon breaks for food delivery cyclists in parts of …
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IMF cuts 2026 world growth forecast, flags risks from new Mideast fighting
Jul 08 2026
The IMF cut its 2026 global growth projection again Wednesday, flagging "uncertainty and risks" to the economic outlook …
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Oil shoots back up, stocks slide as Trump says Iran ceasefire over
Jul 08 2026
Oil prices soared anew and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was …
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OpenAI to launch new model after US freeze
Jul 08 2026
ChatGPT-maker OpenAI said its latest and most powerful artificial intelligence model will be released to the public on …
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Oil prices surge, stocks slide as Trump says Iran ceasefire over
Jul 08 2026
Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was …
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Apple loses challenge against EU digital competition rules
Jul 08 2026
Apple lost its bid to escape digital competition rules after an EU court on Wednesday rejected the US giant's challenge.
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Oil prices extend rally as US strikes on Iran revive geopolitical fears
Jul 08 2026
Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US …
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US, Iran trade strikes in new threat to ceasefire
Jul 08 2026
The United States launched extensive strikes on Iran over attacks on ships in the vital Strait of Hormuz, triggering a …
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Chinese repairwomen smash stereotypes with power tools
Jul 08 2026
The sound of pliers clicking filled a workshop in eastern China's Hangzhou as a group of women practised stripping …
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US strikes Iran after Hormuz attacks, Tehran threatens response
Jul 07 2026
US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the …
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US strikes Iran after Hormuz tanker attacks: military
Jul 07 2026
US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the …
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Netflix strikes deals in short-form video push
Jul 07 2026
Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals …
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Tanker attacks send oil higher, stocks hit by AI jitters
Jul 07 2026
Oil prices jumped after three tankers were attacked in the Strait of Hormuz, while jitters about the outlook for the AI …
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US revokes Iran oil waiver after Hormuz tanker attacks
Jul 07 2026
The United States revoked a temporary sanctions waiver for Iranian oil Tuesday after three tankers were struck in the …
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Canada province preparing lawsuit against OpenAI over school shooting
Jul 07 2026
British Columbia said Tuesday it was preparing a lawsuit against OpenAI over the company's failure to report violent …
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