Business and Economy
The Chinese cable that could trip up Chile's new leader
AFP - 33m ago
Chile's new president Jose Antonio Kast faces a tough choice in his first weeks in office.
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Middle East war: global economic fallout
AFP - 39m ago
Here are the latest economic events in the Middle East war on Thursday:
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Top US, China economy officials to meet for talks in Paris
AFP - 2h ago
Top economic officials from the United States and China are set to convene in Paris, the Treasury Department said …
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Oil tops $100 as Iran vows to keep Hormuz closed
AFP - 2h ago
Oil prices soared above $100 and stock markets extended losses as Iran's new supreme leader ordered the Strait of Hormuz …
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New Iranian leader vows revenge, keeps oil shipping route shut
AFP - 50m ago
Iran's new supreme leader ordered his forces to keep the vital Strait of Hormuz shipping lane shut on Thursday, as …
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US military 'not ready' to escort tankers through Hormuz Strait: energy secretary
AFP - 5h ago
The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets …
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New Iranian supreme leader calls for defiance, keeps key waterway shut
AFP - 2h ago
Iran's new supreme leader ordered the vital Strait of Hormuz oil shipping lane to remain closed on Thursday, while US …
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Lufthansa flights axed as pilots walk out
AFP - 5h ago
Lufthansa said about half its flights were cancelled Thursday as pilots from the German airline kicked off a two-day …
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Oil tops $100 as fresh Iran attacks offset stockpiles release
AFP - 3h ago
Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as fresh attacks against Gulf …
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BMW profit holds up despite Trump tariffs, China woes
AFP - 2h ago
German carmaker BMW reported solid profit Thursday despite US tariffs and tough competition in China -- delivering a far …
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WWII leader Churchill to be removed from UK banknotes
AFP - 1h ago
World War II leader Winston Churchill is to be dropped from the UK £5 banknote in favour of a nature scene, sparking …
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EU vows to 'respond firmly' to any trade pact breach by US
AFP - 7h ago
The EU executive on Thursday vowed to "respond firmly" to any violation of a key tariff deal by the United States after …
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Mideast war to brake German recovery: institute
AFP - 8h ago
The surge in energy prices triggered by the Middle East war will slow the struggling German economy's recovery, an …
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BMW sees tariffs easing and China stabilising in 2026
AFP - 52m ago
German carmaker BMW said Thursday it expected tariff wars to ease in 2026 saw a tentative turnaround in China after …
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War in the Middle East: latest developments
AFP - 2h ago
Here are the latest events in the Middle East war:
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War creating 'largest' oil shock in history as Iran hits new Gulf targets
AFP - 3h ago
The Middle East war is creating the biggest oil supply shock in history, the International Energy Agency warned …
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Mideast oil shock 'largest' in history as Iran hits new Gulf targets
AFP - 35m ago
The Middle East war has caused the biggest oil supply shock in history, the International Energy Agency warned Thursday, …
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China's leaders project stability despite Middle East war
AFP - 9h ago
China's leaders wrapped up nine days of annual legislative meetings in Beijing on Thursday, projecting an image of …
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Businessman or politician? Billionaire Czech PM under fire again
AFP - 10h ago
Since entering politics in 2011, Czech Prime Minister Andrej Babis has been grappling with a conflict of interest as a …
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Mideast war lands India restaurants in soup
AFP - 4h ago
Indian restaurant MadCo took the tough call this week to remove some menu favourites, including bone marrow -- a beef …
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Cathay Pacific roughly doubles fuel surcharge on most routes
AFP - 11h ago
Hong Kong aviation giant Cathay Pacific announced new fuel surcharges for most routes Thursday that are roughly double …
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Oil tops $100 as Iran attacks offset IEA stockpile release
AFP - 1h ago
Oil soared above $100 and stocks sank Thursday as Iran's fresh attempts to hit supplies in the Middle East and threats …
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Electric vehicle rethink to cost Honda almost $16 billion
AFP - 11h ago
Japan's Honda said Thursday it expected to book nearly $16 billion in expenses and losses related to a major …
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From Kyiv to UK, Ukrainian drone production spans Europe
AFP - 4h ago
In an inconspicuous building near the UK's Mildenhall air base, drone manufacturer Ukrspecsystems is opening a new …
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Three crew 'believed trapped' aboard Thai ship attacked in Gulf: firm
AFP - 7h ago
Three crew members believed to be trapped aboard a Thai bulk carrier hit by projectiles while travelling through the …
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Fear, boredom for Philippine sailors stuck in Hormuz strait
AFP - 4h ago
Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when he last spoke to …
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Australia to change fuel quality standards to boost supply
AFP - 7h ago
Australia will adjust fuel quality standards to allow higher sulfur levels for around two months in a move that will …
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Uber plans Tokyo robotaxi trial with Nissan and Britain's Wayve
AFP - 3h ago
Uber announced Thursday its first robotaxi partnership in Japan, teaming up with Nissan and British artificial …
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War forces lengthy detours for Iranian truck drivers to Iraq
AFP - 8h ago
Rubbing his hands together to warm them, Iranian truck driver Reza curses the more than 300-kilometre detour he was …
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Oil prices surge as supply fears offset IEA's record stockpile release
AFP - 44m ago
Oil prices soared Thursday and stocks sank as Iran struck two tankers in Iraq and threatened to bring down the global …
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With Middle East in flames, Texan bunker maker sees business boom
AFP - 7h ago
Since the war in the Middle East began nearly two weeks ago, the phone at Ron Hubbard's bomb shelter company in Texas …
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Iran threatens prolonged war as Trump says it is near defeat
AFP - 2h ago
Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even …
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War disrupts fertiliser supplies, puts food security at risk
AFP - 7h ago
With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting …
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US takes first steps towards new global trade penalties
Mar 11 2026
The United States announced new investigations Wednesday into what it considers unfair trade practices by dozens of …
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Iran says war could destroy global economy, Trump vows to 'finish' job
Mar 11 2026
Iran warned it could wage a prolonged war with the United States and Israel that would "destroy" the world economy, even …
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Iran warns of long war that would 'destroy' world economy
Mar 11 2026
Iran warned Wednesday it could wage a long war with the US and Israel that would "destroy" the world economy, as it …
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US, India still at odds with majority on WTO reform
Mar 11 2026
The United States and India still have reservations about a plan to overhaul the World Trade Organization, even though …
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Mexico considering social media restriction for minors: minister to AFP
Mar 11 2026
Mexico is considering implementing an Australia-style social media restriction for minors, Public Education Secretary …
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Strategic oil reserves, a crisis cushion
Mar 11 2026
The 32 member countries of the International Energy Agency (IEA) decided on Wednesday to unlock 400 million barrels of …
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German defence giant Rheinmetall sees business boost from Mideast war
Mar 11 2026
German arms maker Rheinmetall said Wednesday the Middle East war offered new business opportunities, especially for its …
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Oil prices jump despite strategic reserve release
Mar 11 2026
A record release of oil from strategic reserves by IEA nations failed to ease concerns about the impact from the Middle …
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German central bank abandons controversial overhaul
Mar 11 2026
Germany's central bank said Wednesday it was abandoning a project to renovate its historic Frankfurt headquarters after …
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US consumer inflation unchanged but price shocks from Iran war loom
Mar 11 2026
Consumer inflation in the United States remained stable at 2.4 percent in February, official data showed Wednesday, with …
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IEA to launch largest-ever release of oil reserves
Mar 11 2026
The International Energy Agency said on Wednesday its member countries would unlock 400 million barrels of oil from …
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Iran warns ready for long war that would 'destroy' world economy
Mar 11 2026
Iran said Wednesday it was ready for a long war of attrition that would "destroy" the world economy, after firing on two …
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British fintech Revolut gets full UK banking licence
Mar 11 2026
British fintech company Revolut on Wednesday said it had obtained a full UK banking licence from regulators, lifting …
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IEA says members to release 400 mn barrels from oil reserves
Mar 11 2026
The International Energy Agency said Wednesday its member countries would unlock 400 million barrels of oil from their …
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Oil jumps, stocks drop as Mideast war prolongs market volatility
Mar 11 2026
Oil prices rallied and equities largely dropped Wednesday as traders assessed the latest impact for global markets from …
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Iran hits ships in Gulf chokepoint as G7 dips into oil reserves
Mar 11 2026
Iran fired on two commercial ships in the Gulf on Wednesday, setting at least one vessel on fire, as it pressed its …
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US consumer inflation unchanged at 2.4% year-on-year in February
Mar 11 2026
Consumer inflation in the United States remained stable at 2.4 percent in February, in line with market expectations, …
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Trade ships hit as Iran threatens Gulf oil chokepoint
Mar 11 2026
New attacks hit three commercial ships in the Gulf on Wednesday, setting at least one vessel on fire, as Iran pressed …
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Germany, Japan to unblock oil reserves as G7 stands 'ready' to act
Mar 11 2026
Japan and Germany said Wednesday they would tap into their oil reserves to tackle the rise in crude prices due to the …
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Airlines grapple with impact of Mideast war
Mar 11 2026
Global airlines are grappling with the effects of the war in the Middle East, as fuel prices soar and customers reassess …
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G7 inches closer to tapping oil reserves to tackle price rise
Mar 11 2026
The Group of Seven advanced economies inched closer Wednesday to tapping strategic oil reserves to tackle the rise in …
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Thai navy says cargo ship attacked in Strait of Hormuz
Mar 11 2026
A Thai bulk carrier travelling in the crucial Strait of Hormuz was attacked Wednesday, with 20 crew members rescued so …
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Cathay says surcharge to rise as fuel prices jump during Mideast war
Mar 11 2026
Hong Kong aviation giant Cathay Pacific said on Wednesday that fuel surcharges would rise after prices soared in March …
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Airlines in Asia hike fares as Mideast war raises fuel costs
Mar 11 2026
Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- …
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European football clubs score with stadium rebuilds
Mar 11 2026
On a former derelict dock in the British port city of Liverpool, fans of Everton throng eateries and bars at the …
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Asia stocks rise but oil resumes gains amid IEA supply report
Mar 11 2026
Asian equities rose Wednesday while oil resumed its gains as traders weighed growing supply concerns against a report …
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Cargo vessels hit as Iran threatens to close Gulf oil chokepoint
Mar 11 2026
Three commercial ships took fire in the Gulf on Wednesday as Iran launched strikes against its oil-exporting neighbours, …
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G7 energy ministers 'ready' to take 'necessary measures' on oil reserves
Mar 11 2026
Energy ministers of the G7 said on Wednesday they stood ready to take "all necessary measures" in coordination with the …
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German defence giant Rheinmetall sees faster growth as Europe rearms
Mar 11 2026
German defence giant Rheinmetall Wednesday forecast even faster growth this year after record earnings in 2025, with …
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Fears of fuel shortage in Pakistan as tankers wait to fill up
Mar 11 2026
Tanker drivers in Pakistan said they were facing long waits at depots due to a shortage of fuel, as the government …
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Stocks rise again, oil stabilises as report says IEA considers release
Mar 11 2026
Asian equities extended gains Wednesday while oil stabilised after a report said the International Energy Agency was …
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Cathay Pacific expects to carry more passengers in 2026
Mar 11 2026
Hong Kong carrier Cathay Pacific said on Wednesday it expected to boost its capacity to carry passengers by around 10 …
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New wave of Iran attacks as oil reserve release weighed
Mar 11 2026
Iran unleashed a wave of attacks against Israel and Gulf nations on Wednesday, including targeting a Saudi oilfield, as …
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Kharg Island: Iran's vital oil hub in the crosshairs?
Mar 11 2026
Kharg Island, a scrubby stretch of land in the northern Gulf, handles almost all of Iran's crude exports and any attempt …
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'Stealth hit' Pokemon game sends Nintendo shares soaring
Mar 11 2026
Fan buzz around life-simulation game "Pokemon Pokopia" sent Nintendo shares soaring on Wednesday, with some hailing the …
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Bangladesh sari weaving tradition hangs by a thread
Mar 11 2026
Bangladesh's Tangail sari is fighting for survival as weavers warn that automation and economic pressures are pushing …
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Asian stocks extend gains, oil stabilises after crude release report
Mar 11 2026
Asian equities extended gains Wednesday while oil stabilised after a report said the International Energy Agency was …
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New wave of Iran attacks as IEA weighs oil reserve release
Mar 11 2026
Iran unleashed early Wednesday defiant new strikes around the region including drones targeting a Saudi oilfield, as the …
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CEO of Brazil's Nubank on pending US market entry, Trump, AI: interview
Mar 11 2026
Nubank CEO David Velez, whose massive Brazil-based digital bank is on the verge of entering the prized US market, hailed …
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US targets Iran mine-laying as war causes oil market havoc
Mar 11 2026
The United States said Tuesday it was striking Iranian ships capable of mining the crucial Strait of Hormuz and …
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Dassault pitches latest private jet against US, Canadian rivals
Mar 10 2026
France's Dassault on Tuesday unveiled its latest private jet, the Falcon 10X, pitched to rival the flagship planes from …
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Louis Vuitton takes Paris fashion week on mountain ride
Mar 10 2026
Models wore mountain capes, shepherds' hats and carried bags with bells attached to them as Louis Vuitton brought the …
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Mideast tanker escort: high-risk mission for US Navy
Mar 10 2026
US Navy escorts could help increase the flow of tankers through the Strait of Hormuz, but American warships accompanying …
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Oil prices dive as IEA eyes emergency release with Hormuz Strait in focus
Mar 10 2026
Crude prices sank and equities mostly rose Tuesday as oil-importing countries discussed a possible stockpile release …
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White House says US Navy has not escorted tanker through Strait of Hormuz
Mar 10 2026
The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said Tuesday, after the …
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Iran not seeking ceasefire as Trump steps up threats
Mar 10 2026
Iran remained defiant as fresh explosions thundered out in Tehran on Tuesday, insisting it was not seeking a ceasefire …
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US satellite firm extends Middle East image delay
Mar 10 2026
American firm Planet Labs PBC on Tuesday said it now imposes a two-week delay for access to its satellite images of the …
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Oil plunges, stocks mostly rise as Trump says Iran war over 'very soon'
Mar 10 2026
Oil prices sank and equities mostly rose Tuesday following a volatile session that came after President Donald Trump …
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Blasts rock Tehran as US says strikes to intensify
Mar 10 2026
Explosions thundered out in Tehran on Tuesday after the Pentagon chief warned US strikes on Iran would reach their …
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Global energy body discusses releasing strategic oil reserves
Mar 10 2026
Member states of the International Energy Agency (IEA) met on Tuesday for crisis talks to assess security of supply and …
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Musk, already world's richest person, eyes $1 trillion fortune
Mar 10 2026
Elon Musk's estimated $839 billion net worth has made him the wealthiest individual ever recorded, Forbes said Tuesday, …
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US energy secretary's post saying US escorted tanker in Hormuz deleted
Mar 10 2026
A post by US Energy Secretary Chris Wright saying that the US Navy had escorted an oil tanker through the Strait of …
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UN warns Hormuz standstill will hit world's most vulnerable
Mar 10 2026
The standstill in the Strait of Hormuz caused by the Middle East war could hammer some of the world's most vulnerable …
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Oil crisis: Is world better placed than in 1973?
Mar 10 2026
Ten days after the first American and Israeli strikes against Iran, oil prices have cooled slightly after soaring above …
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Expats cling to Dubai's allure despite Iran's missiles
Mar 10 2026
While tourists and non-essential diplomats scramble to leave the Gulf as Iran retaliates across the region for US and …
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Oil plunges, stocks rise as Trump says Iran war over 'very soon'
Mar 10 2026
Oil prices sank and equities pushed higher Tuesday following a wild day of swings that came after President Donald Trump …
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UAE closes biggest oil refinery as Iran vows to choke off crude exports
Mar 10 2026
The UAE's largest oil refinery closed on Tuesday after a drone attack, as Iran defiantly vowed that no crude exports …
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Vietnam to tap emergency fund to cool surging fuel prices
Mar 10 2026
Vietnam moved Tuesday to tap an emergency fund to cool surging fuel prices, as the Middle East war has disrupted …
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UK trial opens against Sony over PlayStation video game prices
Mar 10 2026
A trial opened in London on Tuesday over a £2 billion ($2.7 billion) class action lawsuit that accuses Japanese …
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Middle East war : global economic fallout
Mar 10 2026
Here are the latest economic events in the Middle East war on Tuesday:
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Oil plunges, stocks steady as Trump says Iran war over 'very soon'
Mar 10 2026
Oil prices sank and equities steadied Tuesday following a wild day of swings that came after President Donald Trump …
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Citing 'strategic mistake' EU pivots back to nuclear energy
Mar 10 2026
EU chief Ursula von der Leyen on Tuesday said Europe's turn away from nuclear power had been a "strategic mistake", as …
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Defiant Iran vows to block Gulf oil until US-Israel bombing stops
Mar 10 2026
Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while the United States and Israel …
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Iran war sends prices in next door Turkmenistan soaring
Mar 10 2026
At a market in Turkmenistan's capital Ashgabat, pensioner Shemshat Kurbanova always used to pick the "juiciest" Iranian …
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EU chief, Macron say Mideast war exposes Europe energy vulnerability
Mar 10 2026
EU chief Ursula von der Leyen and French President Emmanuel Macron on Tuesday called on European countries to boost the …
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Volkswagen says to cut 50,000 jobs as profit slides
Mar 10 2026
Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its …
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Oil plunges, stocks rally as Trump says Iran war over 'very soon'
Mar 10 2026
Oil prices sank and equities rallied Tuesday following a wild day of swings that came after President Donald Trump …
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Iran vows to fight on and block all Gulf oil
Mar 10 2026
Iran vowed on Tuesday that not one litre of oil would be exported from the Gulf while its war with the United States and …
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Lego posts record profit despite geopolitical turmoil: CEO to AFP
Mar 10 2026
Denmark's Lego, the world’s number one toy maker, on Tuesday posted record sales and profits for its 2025 financial …
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