Business and Economy



Musk wants to merge SpaceX and Tesla: Here's what to know

AFP - 0m ago

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest …

Judge orders Trump to give deposition in BBC lawsuit by Dec 11

AFP - 10m ago

A US judge on Thursday issued President Donald Trump a December 11 deadline to testify under oath in his $10 billion …

Musk's wants to merge SpaceX and Tesla: Here's what to know

AFP - 8m ago

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest …

Global markets retreat as tech mood sours, oil prices jump

AFP - 35m ago

Global equity markets mostly sank Thursday as tech firms resumed their downward spiral following a mixed bag of earnings …

Pentagon, Lockheed announce agreement for 850 F-35 jets over 10 years

AFP - 35m ago

The Pentagon and Lockheed Martin on Thursday announced a 10-year agreement for the production of 850 F-35 warplanes, …

Canada opens free trade talks with Turkey

AFP - 1h ago

Canada, locked in a trade war with the United States, opened talks with Turkey Thursday on a free trade agreement during …

Rekindled Gucci desirability fails to light flame under Kering sales

AFP - 2h ago

Efforts to rekindle the desirability of troubled Italian fashion house Gucci failed to boost sales in the third quarter, …

L'Oreal sees double-digit sales growth

AFP - 3h ago

L'Oreal said Thursday its third quarter sales rose by double digits as the French cosmetics giant appeared to have …

Finland grants licence for world's first nuclear waste repository

AFP - 4h ago

Finland's government has granted an operating licence for the world's first permanent repository for radioactive spent …

Stocks retreat as tech mood sours, oil prices jump

AFP - 1h ago

Equities sank Thursday as tech firms resumed their downward spiral following a mixed bag of earnings from Wall Street …

Pentagon, Lockheed announce deal for 850 F-35 jets over 10 years

AFP - 7h ago

The Pentagon and Lockheed Martin announced Thursday a 10-year agreement for the production of 850 F-35 warplanes, …

Nvidia boss criticises 'cheap' AI doomsday warnings

AFP - 9h ago

AI chip giant Nvidia's boss Jensen Huang said on Thursday that warnings artificial intelligence could wipe out humanity …

Grabbing a bargain: Japan's claw machines cash in on inflation

AFP - 11h ago

With one eye on her baby in a pushchair, Minae Kamata operates an arcade machine in a Tokyo suburb, manipulating a claw …

Barclays bank to cut about 5,000 jobs amid AI drive 

AFP - 11h ago

British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global …

Asian stocks retreat as tech mood sours again

AFP - 2h ago

Equities sank in Asia Thursday as tech firms resumed their downward spiral following a mixed bag of earnings from Wall …

Thales sales jump on European rearmament, satellite systems

AFP - 13h ago

French aerospace and defence group Thales said third-quarter sales and orders rose strongly as it benefited from higher …

Focus turns to firms as Indonesia fire haze worsens

AFP - 15h ago

After months of fires in Indonesia that have caused thick regional haze, attention is turning to whether companies can …

Websites go dark as AI exposes critical security flaws

AFP - 26m ago

Government agencies and companies around the world shut down websites as they raced Thursday to protect themselves from …

Websites down: what is PHP and how has it raised AI hacking fears?

AFP - 13h ago

Artificial intelligence has found critical security flaws in a major programming language called PHP, with many websites …

Asian stocks back in retreat as tech mood sours again

AFP - 4h ago

Equities sank Thursday in Asia as tech firms resumed their downward spiral following a mixed bag of earnings from Wall …

Why Chile's copper output is sinking despite booming demand

AFP - 14h ago

The world is hungrier than ever for copper, a key ingredient in green energy and the data centers that power artificial …

Tesla profits fall on higher spending as 'Elon Inc.' talk builds

AFP - 11h ago

Tesla reported lower third-quarter profits Wednesday as near-trillionaire Elon Musk's electric vehicle maker ramped up …

Musk threatens Democrats teeing up congressional probes

AFP - 8h ago

Elon Musk, President Donald Trump's multi-billionaire ally, on Wednesday threatened Democrats who want to investigate …

Judge orders Meta to pay $25 bn to New Mexico in Cambridge Analytica case

AFP - 9h ago

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the …

Tesla profits drop on tech spending spree as 'Elon Inc.' talk builds

Oct 21 2026

Tesla reported lower third-quarter profits Wednesday as near-trillionaire Elon Musk's electric vehicle maker ramped up …

X Community Notes 'failed' to flag US election falsehoods, study says

Oct 21 2026

A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the …

eBay to slash 1,000 more jobs, around 9% of workforce

Oct 21 2026

US e-commerce platform eBay will cut some 1,000 jobs, or about nine percent of its workforce, a spokesperson told AFP on …

Tesla profits drop but top analyst estimates

Oct 21 2026

Tesla reported a drop in third-quarter profits Wednesday but topped analyst estimates as multi-billionaire Elon Musk's …

Walmart welcomes AI agents as Anthropic launches its own

Oct 21 2026

US shopping giant Walmart on Wednesday unveiled tools allowing artificial intelligence agents such as Meta’s Muse to …

Musk's SpaceX results lift global stock markets

Oct 21 2026

Global stock markets rose Wednesday, boosted by news that Elon Musk's SpaceX reported its first quarterly profit as a …

Champagne puts cork in project to expand production area

Oct 21 2026

Champagne winegrowers said Thursday they were dropping a 23-year-old study into expanding the area that can produce …

Websites go dark worldwide as AI exposes critical security flaws

Oct 21 2026

Government agencies and companies around the world shut down websites Wednesday after two critical flaws came to light …

Musk's SpaceX helps launch stock market gains

Oct 21 2026

Stock markets mostly rose Wednesday, with sentiment boosted by news that Elon Musk's SpaceX reported its first quarterly …

Low Rhine weighed on German growth: central bank

Oct 21 2026

The German economy likely contracted in the third quarter as record low levels on the Rhine river caused by heatwaves …

OpenAI says its AI agents disabled their own safety monitors

Oct 21 2026

OpenAI has revealed that two of its artificial intelligence agents disabled or weakened systems built to catch them …

South Africa eases fuel pain as growth slows

Oct 21 2026

South Africa announced fresh fuel-relief measures on Wednesday to cushion motorists and commuters battered by record …

UK approves drilling in controversial Jackdaw gas field

Oct 21 2026

Britain's Labour government announced plans Wednesday to start drilling in a controversial gas field in the North Sea, …

China export ban hits tungsten, crucial metal for defence, industry

Oct 21 2026

Prices for tungsten, an ultra-hard metal that is key for the defence industry, have soared to record highs since China …

Nvidia's Huang urges Europe to go all in on AI

Oct 21 2026

European companies from automakers to drug firms to banks need to embrace artificial intelligence, Nvidia CEO Jensen …

Five things to know as French bond yield tops 5%

Oct 21 2026

A sell-off in French government bonds amid a budget standoff and after violent protests pushed the yield on the …

Impacts of UK's new North Sea gas drilling

Oct 21 2026

With wars in the Middle East and Ukraine putting pressure on global energy markets, Britain has approved drilling at a …

France's tourism sector worried about impact of riots

Oct 21 2026

The images of France's riots posted and broadcast around the world have cast a pall on the country's important tourism …

Musk's SpaceX helps fuel stock market gains

Oct 21 2026

Stock markets mostly rose Wednesday, with sentiment boosted by news that Elon Musk's SpaceX reported its first quarterly …

Indonesia leader hits out at market downgrade warning

Oct 21 2026

Indonesia's president lashed out at MSCI on Wednesday, accusing the index compiler of "trying to scare us" over its …

Authors urge UK to halt 'draconian' Palestine Action ban as Rooney sales end

Oct 21 2026

More than 150 writers and personalities signed an open letter Wednesday urging the UK government to amend its …

Carrefour shares plunge after profit warning on French protests

Oct 21 2026

Carrefour, France's largest publicly traded retailing group, saw its shares drop more than 13 percent Wednesday after it …

Asian stocks rally as tech firms enjoy bounce ahead of key earnings

Oct 21 2026

Asian markets rallied on Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat …

Rising UK inflation, debt knocks govt ahead of budget

Oct 21 2026

UK inflation and public borrowing rose more than expected in September, official data showed Wednesday, heaping pressure …

UK govt approves drilling in controversial Jackdaw gas field

Oct 21 2026

Britain's government announced Wednesday it had approved plans to begin drilling in a controversial gas field in the …

UK govt approves drilling in Jackdaw gas field

Oct 21 2026

The UK government said Wednesday that it had approved plans to begin drilling in a controversial new gas field in the …

Brazil's presidential candidates seek to disqualify each other

Oct 21 2026

In the latest showdown from Brazil's increasingly rancorous presidential race Tuesday, both candidates called for the …

Lula campaign seeks to disqualify Bolsonaro over Meta 'interference'

Oct 21 2026

Brazilian President Luiz Inacio Lula da Silva's campaign team will request the disqualification of rival Flavio …

Musk backs SpaceX-Tesla merger as rocket firm turns profit

Oct 21 2026

Elon Musk said Tuesday he would back a merger of SpaceX and Tesla, as his rocket and AI company reported its first …

Netflix shares drop on slowing engagement, revenue growth

Oct 20 2026

Netflix stock dropped more than five percent Tuesday afternoon after its quarterly earnings release failed to assuage …

Musk says backs SpaceX-Tesla merger as rocket firm turns profit

Oct 20 2026

Elon Musk said Tuesday he would back a merger of SpaceX and Tesla, as his rocket and AI company reported its first …

US regulators certify Boeing 737 MAX 10 after delays

Oct 20 2026

US officials gave final approval Tuesday to the Boeing 737 MAX 10, certifying the latest long-delayed version of the …

Dow boosted as markets rotate from tech shares

Oct 20 2026

Wall Street stocks mostly rose Tuesday, greeting a pullback in oil prices as investors steered funds towards industrial …

Solid GM results overshadowed by latest jump in commodity costs

Oct 20 2026

Higher commodity costs due to the US-Iran war overshadowed General Motors' solid earnings and a new share buyback …

All who profited from fund scandal 'identified': Turkish minister

Oct 20 2026

Everyone who profited from the sprawling multi-billion dollar investment fund scandal gripping Turkey has been …

Meta says it complied with Brazil court order to treat candidates equally

Oct 20 2026

US tech giant Meta said Tuesday it had complied with a Brazilian court order to treat the election campaigns of …

Inequality is major factor in impact of non-communicable diseases : WHO

Oct 20 2026

Non-communicable diseases account for three-quarters of deaths worldwide but affect different population groups in …

Tech jitters lead stocks lower, oil surges then slides

Oct 20 2026

Technology firms led losses across sluggish stock markets Tuesday on growing fears about the AI investment boom ahead of …

Investors pledge 230 billion euros at German summit: Merz

Oct 20 2026

Major companies at an economic summit hosted by the German government have committed to investing around 230 billion …

Houthi attacks undermine Saudi Arabia's economic ambitions

Oct 20 2026

With airports closed and the capital brought to an effective standstill, attacks by Yemen's Houthis on Saudi Arabia have …

Power outage hits Google Cloud services, disrupting UK banks

Oct 20 2026

A power outage at a Google Cloud data centre near London caused serious failures to services on Tuesday, leading to …

Stock markets retreat as oil rises again

Oct 20 2026

Technology firms led losses across stock markets Tuesday on growing fears about the AI investment boom ahead of earnings …

AI challenges maths by solving the unsolvable

Oct 20 2026

Announcements over recent months that artificial intelligence models have cracked previously unsolvable problems are …

Those who profited from fund scandal 'identified': Turkish minister

Oct 20 2026

Everyone who profited from the sprawling multi-billion dollar investment fund scandal gripping Turkey has been …

Rubio says India diversifying oil, trade deal 'very close'

Oct 20 2026

US Secretary of State Marco Rubio said on Tuesday India had made "substantial progress" in diversifying its oil …

Tech in focus as stock markets retreat; oil surges

Oct 20 2026

Technology firms led losses across stocks markets Tuesday on growing fears about the AI investment boom ahead of crunch …

An unhappy republic: France's troubles extend beyond the street

Oct 20 2026

"Revolution!" some shouted during France's protests. Others demanded better classroom conditions. Many simply wanted …

Tech firms bear brunt of selling as stocks drop

Oct 20 2026

Tech firms led heavy losses across Asian markets Tuesday as investors brushed off a rebound on Wall Street amid growing …

China opposes US ban on govt agencies from using DeepSeek

Oct 20 2026

Beijing opposed on Tuesday a US government ban on its agencies using AI tools from Chinese startup DeepSeek, saying the …

France to impose new curfews where necessary: PM

Oct 20 2026

France will impose new curfews in areas where needed on Tuesday, Prime Minister Sebastien Lecornu said, adding that the …

US bans use of China's DeepSeek by govt agencies

Oct 20 2026

The US government on Monday ordered its agencies to stop using artificial intelligence tools from Chinese startup …

Middle East fuel crunch drives solar push in tiny Fiji

Oct 20 2026

Power cables weave through palm trees high above Fiji's Rukurukulevu Village, linking residents to the national grid and …

Tech firms bear brunt of selling as Asian stocks drop

Oct 20 2026

Tech firms led heavy losses across Asian markets Tuesday as investors brushed off a rebound on Wall Street amid growing …

US judge orders Saudi engineer held in OpenAI case

Oct 19 2026

A former OpenAI employee accused of planting a recording device at the company's San Francisco offices was ordered held …

US to auction deep sea mining leases off American Samoa

Oct 19 2026

President Donald Trump's administration on Monday announced it had finalized a deep-sea mining auction off the coast of …

European stocks fall on unrest in France as Nasdaq bounces

Oct 19 2026

Paris and Milan equities led a retreat across European stock markets Monday as escalating violence across France and …

Christiane Amanpour to leave CNN after 43 years

Oct 19 2026

Veteran journalist Christiane Amanpour said Monday she is leaving her role at CNN after a 43-year career as one of the …

Ramaphosa tells South Africa to prepare for loss of US-Africa trade deal

Oct 19 2026

South African President Cyril Ramaphosa said on Monday the country should "prepare" for the possibility of being removed …

France presses resale platforms to remove 'stolen' goods after unrest

Oct 19 2026

France's digital minister on Monday urged online resale platforms to remove listings for "stolen items" following …

European stocks retreat as France violence spreads

Oct 19 2026

Paris and Milan equities led a retreat across European stock markets Monday as escalating violence across France and …

Microsoft exits data centre deal in blow to UK AI ambitions

Oct 19 2026

Microsoft confirmed Monday that it has pulled out of a UK AI data centre deal with British start-up Nscale, in a blow to …

Asian tech stocks mixed after Wall St losses, eyes on earnings

Oct 19 2026

Asian stocks were mixed Monday following a Wall Street selloff fuelled by growing worries over the AI investment boom, …

China's third-quarter growth narrowly beats forecasts

Oct 19 2026

China's economy grew slightly more than expected in the third quarter, but Monday's figures still came in at the lower …

'I call it a bribe': Pennsylvania residents spurn $10,000 data center checks

Oct 19 2026

On his terrace overlooking the forest in eastern Pennsylvania, Ed Negra lays out four letters. All are from a developer …

Asian stocks start week on back foot, tracking tech-led Wall St losses

Oct 19 2026

Asian stocks mostly fell Monday as traders tracked a tech-heavy selloff on Wall Street that was fuelled by growing …

In a former US steel city, ordinary people struggle to get by

Oct 19 2026

In a US city once known for its steel industry, workers enjoy family outings beside retired, rust-streaked blast …

China growth narrowly beats forecasts

Oct 19 2026

China's economy grew slightly more than expected in the third quarter, but Monday's figures still came in at the lower …

China growth expected to miss official target in third quarter

Oct 18 2026

China's economic growth is expected to again miss its official target on Monday, dragged down by a global energy shock …

Russia-US diesel deal delivery to take 15-20 days: Russia

Oct 18 2026

Shipping Russian diesel to the US market will take 15 to 20 days once contracts are signed, a senior Russian official …

Vietnam signs free trade deal with four European nations

Oct 18 2026

Vietnam and four European nations outside the EU signed a free trade agreement in Hanoi on Sunday, seeking to diversify …

Hollywood's fresh take on tech titans: from heroes to villains

Oct 18 2026

Hollywood has found its new favorite villain: the onetime heroes of Silicon Valley.

What is holding up the US-India trade deal?

Oct 18 2026

US Secretary of State Marco Rubio is set to visit India for the second time this year, as Washington seeks to bolster …

Western brands under pressure as 'pre-owned' luxury booms in China

Oct 18 2026

With China's economy still struggling to recover from the pandemic, even global fashion icons are beginning to feel the …

France rocked by nationwide clashes, blazes and looting

Oct 18 2026

France woke up Sunday to devastated streets after clashes between police and protesters, mass looting and fires erupted …

Musk back in the spotlight, but politics dims the awe

Oct 18 2026

With a sports car that somersaults through the air, Elon Musk is back in the headlines for technological daring -- but …

Clashes, blazes and wide-scale looting grip France on day of protests

Oct 17 2026

Clashes between police and protesters, massive looting and multiple blazes gripped France on Saturday, as nationwide …

Clashes, blazes and wide-scale looting mar French protests

Oct 17 2026

Clashes between police and protesters, massive looting and multiple blazes gripped France on Saturday, as nationwide …

Looting, blazes and clashes in France amid nationwide protests

Oct 17 2026

Police and protesters clashed violently in Paris and other French cities Saturday as half a million people marched …