Business and Economy



Meta's teen safety deal runs into an unsolved problem: proving age

AFP - 48m ago

Meta's landmark settlement with nearly every US state promises curfews and time limits for teens on Instagram and …

Fed chair Warsh flags high US inflation as 'concerning'

AFP - 58m ago

US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high …

Stocks advance with all eyes on Fed chair's speech

AFP - 1h ago

Stocks rose on Friday ahead of a keenly awaited speech by US Federal Reserve Chair Kevin Warsh as investors seek clues …

Swiss nuclear plant fully back online after heatwaves

AFP - 2h ago

The Beznau nuclear power plant in Switzerland, which was shut down multiple times over the last two months due to summer …

Stocks rise ahead of Fed chair's policy speech

AFP - 2h ago

Stocks mostly rose Friday as investors awaited a key speech by US Federal Reserve Chair Kevin Warsh for clues about the …

All eyes on Warsh as Fed chair kicks off key central banking meeting

AFP - 2h ago

Markets will be wanting much -- but expecting little -- from US Federal Reserve Chair Kevin Warsh as he kicks off the …

Japan spent record $96 bn in yen interventions: ministry

AFP - 4h ago

Japan spent 15.4 trillion yen ($96 billion) to boost the yen between late July and late August, the finance ministry …

Germany could miss climate goal in 2026 for first time: think tank

AFP - 5h ago

Germany risks missing an annual climate target in 2026 for the first time unless cuts to greenhouse gas emissions …

Most stocks rise as attention turns to Warsh speech

AFP - 3h ago

Stocks mostly rose Friday ahead of a closely watched speech by Federal Reserve boss Kevin Warsh that investors will be …

US court rules Pentagon ban of Anthropic unlawful

AFP - 8h ago

A US federal judge ruled Thursday that sanctions imposed by the Trump administration against AI giant Anthropic were …

Anger in Austria over business park on former Nazi camp site

AFP - 8h ago

A few crumbling concrete blocks in an overgrown field are all that remains visible of what was once a sprawling Nazi …

Cancer fears stalk Kosovo's coal heartland

AFP - 9h ago

In the small town of Obilic, overshadowed by the smokestacks of Kosovo's largest coal-fired power plants, locals say it …

Tanker pays record $5.3 mn to transit Panama Canal: administrator

AFP - 6h ago

A tanker carrying liquefied petroleum gas has paid $5.3 million for priority passage through the Panama Canal ahead of …

China's help critical, but unlikely, for US to choke off Iran

AFP - 12h ago

The United States has threatened the "economic asphyxiation" of Iran, but analysts say that a successful chokehold would …

Most Asian stocks advance as attention turns to Warsh speech

AFP - 4h ago

Asian stocks mostly rose Friday ahead of a closely watched speech by Federal Reserve boss Kevin Warsh that investors …

'End of an era': Players lament decline of the disc at Gamescom

AFP - 13h ago

Some video game fans are flabbergasted at Sony's decision to discontinue disc sales from 2028 at Germany's Gamescom …

Golf media firm loses Callaway, PGA Tour deals over violent ad

Aug 27 2026

Golf equipment giant Callaway on Thursday severed ties with the media firm behind an advert that showed a male golfer …

US to push economic pressure on Iran at G20 finance talks

Aug 27 2026

Treasury Secretary Scott Bessent will step up efforts to isolate Iran economically as he hosts G20 counterparts next …

Nvidia boosts tech stocks but caution dominates ahead of Fed speech

Aug 27 2026

Blockbuster earnings from AI chip behemoth Nvidia boosted technology stocks Thursday, but broader market movements were …

Callaway cuts ties with golf media firm over violent ad

Aug 27 2026

Golf equipment giant Callaway on Thursday severed ties with the media firm behind an advert that showed a male golfer …

Piracy attacks off Somalia surge in 2026: AFP analysis of IMO data

Aug 27 2026

Piracy off the Horn of Africa has reached its highest levels since 2013, according to an AFP analysis based on data from …

After US settlement, EU says Meta must 'protect our kids too'

Aug 27 2026

The EU said Thursday it expects Meta to address "addictive" features of its platforms in Europe, after the tech giant …

Tech stocks lifted by Nvidia but caution dominates ahead of Fed speech

Aug 27 2026

Blockbuster earnings from AI chip behemoth Nvidia boosted technology stocks Thursday, but broader market movements were …

Germany-led 'frugal' EU states demand budget plan cuts of 'several hundred billion'

Aug 27 2026

Germany and five other so-called "frugal" EU members demanded Thursday that the European Commission's seven-year budget …

Tech stocks lifted by Nvidia as broader markets struggle

Aug 27 2026

Technology stocks rose Thursday after blockbuster earnings from chip behemoth Nvidia that eased worries about the AI …

Asian chip firms lifted by Nvidia forecast but broader markets struggle

Aug 27 2026

Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI …

Nvidia to buy AI platform Hugging Face for $12.9 bn: report

Aug 27 2026

Nvidia is set to buy artificial intelligence platform Hugging Face for $12.9 billion, news outlet The Information …

Once a top export, prized Kashmir carpet fades

Aug 27 2026

It has survived wars and upheavals, but the famed handwoven Kashmir carpet industry is now battling a steady decline as …

Bond yields are surging: Here's why that could spell trouble

Aug 27 2026

From Japan to Europe and the United States, officials are getting antsy as bond yields hit highs not seen in a decade or …

Qantas says profits slump as fuel costs surge

Aug 27 2026

Australian airline Qantas said Thursday it expects fuel costs to stay high, after the Middle East war pushed up prices …

'Be more honest': Markets crave clarity from cryptic Fed chair

Aug 27 2026

US Federal Reserve Chair Kevin Warsh will have to soothe investors frazzled by his cryptic communication style in a key …

Lofty bond yields, Bessent's intervention pose challenge to Fed's Warsh

Aug 27 2026

US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds …

Fed's Cook rejects Trump mortgage fraud claims

Aug 27 2026

Federal Reserve Governor Lisa Cook rejected renewed mortgage fraud allegations from the White House on Wednesday, …

Canada renews push to boycott US products

Aug 27 2026

Philippe Meranger just finished his grocery shopping in Montreal.

Brazil sues Discord for $100 mn in child safety case

Aug 27 2026

The Brazilian government on Wednesday said it was suing the Discord messaging platform for nearly $100 million in …

Meta, US states agree $18 bn settlement in landmark teen safety case

Aug 26 2026

Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers …

Brazil sues Discord for $100 mln in child safety case

Aug 26 2026

The Brazilian government on Wednesday said it was suing the Discord messaging platform for nearly $100 million in …

Nvidia doubles revenue, forecasts even more AI spending

Aug 26 2026

AI juggernaut Nvidia on Wednesday reported quarterly revenue of $96.2 billion, more than double from a year earlier, as …

Meta settlement puts social media industry on notice: 'There will be more'

Aug 26 2026

Wednesday's historic settlement between Meta and dozens of US states could be just the start of a wave that will ripple …

Brazil sues Discord over child safety measures, demands $100 mln in damages

Aug 26 2026

The Brazilian government on Wednesday filed a lawsuit to force the Discord messaging platform to adopt stronger measures …

Stocks mixed as oil drops, US inflation stays high

Aug 26 2026

Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as markets traded cautiously …

Meta, US states agree $16.7 bn settlement in landmark teen safety case

Aug 26 2026

Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers …

As Canada takes on US tariffs, what's behind the David and Goliath fight?

Aug 26 2026

The United States and Canada have plunged into a trade war as Ottawa stands its ground in the face of President Donald …

Stocks mixed as oil drops, inflation stays high

Aug 26 2026

Lower oil prices helped lift European stock markets on Wednesday, but continued high US inflation weighed on Wall …

Bill Gates warns world unprepared for AI upheaval

Aug 26 2026

Bill Gates warned Wednesday that the world is dangerously unprepared for the upheaval brought by artificial …

German plan for sugar tax on Coke Zero fizzles out

Aug 26 2026

German government proposals to include Coke Zero and other artificially-sweetened drinks in its new sugar tax fizzled …

Stocks gain as oil drops on Mideast hopes

Aug 26 2026

Lower oil prices helped lift stock markets on Wednesday as investors awaited key US inflation data and a highly …

France eases cow diets as cheesemakers sweat

Aug 26 2026

Widespread drought and record-breaking heatwaves have forced France to relax some of its famously strict rules on cheese …

Stocks edge higher as oil drops on fresh Mideast hopes

Aug 26 2026

Most Asian stocks edged higher on Wednesday as oil prices extended a decline on receding concerns about another military …

French flight attendant wins landmark breast cancer ruling

Aug 26 2026

A flight attendant in France has succeeded in having her breast cancer recognised as an occupational disease, a first …

Social media use on the rise among Australian under-16s after ban: data

Aug 26 2026

Australian under-16s are increasing their use of social media apps such as Instagram and Tiktok despite a world-leading …

Five things to know about Anthropic ahead of Wall Street debut

Aug 26 2026

Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing …

Fave or flop? A guide to gauging video game success

Aug 26 2026

The video game industry is notoriously tight-lipped about its numbers, filled with members-only metrics like wishlists, …

Instagram chief admits touting teen safety tool while omitting it was barely used

Aug 26 2026

Adam Mosseri, who oversees Instagram at Meta, admitted in a California court on Tuesday that he touted newly launched …

Golf giant Callaway apologizes after ad sparks outcry

Aug 26 2026

Golf equipment giant Callaway issued an apology on Tuesday for a now-cancelled advert which showed a male golfer shoving …

'Final Fantasy', 'The Witcher' in spotlight at Europe gaming bash

Aug 26 2026

Europe's biggest video games show, Gamescom, opened Tuesday with the spotlight on two hit series, "Final Fantasy" and …

Mark Carney, the former central banker who said 'no' to Trump

Aug 25 2026

Canadian Prime Minister Mark Carney is more seasoned as a banker than a politician but has shown a confident touch in …

Canada unveils counter-tariffs of 15-50% on US goods

Aug 25 2026

Canada on Tuesday announced counter-tariffs on US goods ranging between 15 and 50 percent, intensifying the trade war …

Oil down as traders weigh US sanctions threat against Iran

Aug 25 2026

Oil prices fell for a second day on Tuesday as traders judged the risk of renewed military strikes on Iran to have …

Brazil fines TikTok $30 mn in 'powerful signal' over child safety

Aug 25 2026

Brazil's data protection agency on Tuesday fined TikTok nearly $30 million for failing to implement child safety …

US robotaxi firm Waymo plans to launch in Germany

Aug 25 2026

Self-driving car company Waymo said Tuesday it will launch its robotaxis in the German city of Munich next year, marking …

Volkswagen workers boo boss during speech on job cuts

Aug 25 2026

The boss of German carmaker Volkswagen warned workers on Tuesday to brace for more job losses, earning boos and jeers …

Volkswagen boss braces German workers for more job cuts

Aug 25 2026

The boss of German carmaker Volkswagen warned workers on Tuesday to brace for thousands of job losses, with the …

Stocks rise, oil down as traders weigh Iran sanctions threat

Aug 25 2026

Stocks mostly rose Tuesday while oil prices slid after the United States warned of new sanctions against Iran, which …

Son of Luxottica founder quits after succession row

Aug 25 2026

The son of the founder of Italy's Luxottica is set to leave the world's leading eyewear group EssilorLuxottica, a …

Europe's gaming bash kicks off as industry eyes 'Grand Theft' boost

Aug 25 2026

Europe's biggest video games show Gamescom opens its doors Tuesday in Cologne with the industry hoping that the coming …

Stocks rise and oil slips as traders eye Iran threat, Nvidia results

Aug 25 2026

Stocks rose and oil dipped on Tuesday as investors assessed a US plan for the "economic asphyxiation" of Iran, while …

Lego net profit up 32% in first half, 'stronger than expected': CEO to AFP

Aug 25 2026

Lego, the world's biggest toy maker by revenue, posted "stronger than expected" earnings for the first half of the year, …

German GDP growth revised upwards, defying Iran war turmoil

Aug 25 2026

German growth rose faster than previously estimated in the second quarter thanks to strong exports, official data showed …

Hyundai reaches tentative deal with workers after strike

Aug 25 2026

South Korean automaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and …

Namibia paves way for phosphate mining in the Atlantic Ocean

Aug 25 2026

Namibia has granted environmental clearance for an offshore phosphate mining project that paves the way for the world's …

Canada to announce response to Trump's new tariffs

Aug 25 2026

Canada said it will announce Tuesday its response to President Donald Trump's new tariffs, as neighbors that used to be …

Six months into Iran war, Hormuz traffic way down, sailors stranded

Aug 25 2026

Six months since the start of the Middle East war, the strategic Strait of Hormuz remains largely paralysed, with …

Stocks stagger and oil rises as traders eye Iran threat, Nvidia results

Aug 25 2026

Asian stocks fluctuated Tuesday while oil edged up as investors assess a US plan for the "economic asphyxiation" of …

Hyundai reaches tentative deal with workers after strikes

Aug 25 2026

South Korean automaker Hyundai Motor and the union representing its workers have reached a tentative deal on wages and …

Cool Japan: Human fridge chills workers in extreme heat

Aug 25 2026

Feeling dizzy and unwell after cycling to work in Japan's punishing summer heat, warehouse worker Isao Tabuchi headed …

Australia's top music charts ban AI songs

Aug 25 2026

Music made by artificial intelligence will be banned from Australia's top charts under new guidelines aimed at …

How the French language contributed to the US-Canada trade war

Aug 25 2026

The trade war between the United States and Canada has taken on the flavor of a culture war after the collapse of …

US vows 'economic asphyxiation' of Iran with new sanctions

Aug 24 2026

US Treasury Secretary Scott Bessent on Monday laid out plans for the "economic asphyxiation" of Iran, expanding …

Nevada sues US govt over cuts to Colorado River access

Aug 24 2026

Nevada on Monday launched legal action against the administration of US President Donald Trump over a plan that would …

Trump says to double tariffs on Canada autos as trade fight heats up

Aug 24 2026

US President Donald Trump vowed Monday to double tariffs on Canadian vehicles beginning next year, as the historically …

Oil prices fall as Bessent outlines new steps to punish Iran

Aug 24 2026

Oil prices retreated as US Treasury Secretary outlined plans for more sanctions to punish Iran while stock markets …

Saudi Arabia to invest $7 bn in theme parks near Paris

Aug 24 2026

France and Saudi Arabia on Monday signed a memorandum of understanding for a six-billion-euro ($7-billion) Saudi …

Stocks, oil slip ahead of US threat of economic war against Iran

Aug 24 2026

Oil prices eased after strong gains last week while stock markets mostly faltered on Monday as investors awaited details …

Oil falls ahead of US plan for economic war on Iran

Aug 24 2026

Oil prices slipped after strong gains last week while stock markets faltered on Monday as investors awaited details of a …

Millions of Teslas recalled in China over door handle safety

Aug 24 2026

Tesla is recalling nearly three million cars in China with interior door handles that could hamper a person's ability to …

Oil falls as Trump pledges economic war on Iran

Aug 24 2026

Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President …

New Zealand moves to ban social media for under-16s

Aug 24 2026

New Zealand's government introduced legislation on Monday to ban under 16s from using social media, joining a number of …

Hyundai union back in wage talks after rare full-day strike

Aug 24 2026

The union representing workers at South Korean automaker Hyundai Motor said on Monday it had resumed wage talks with …

After Wildberries, Ukraine launches drone campaign on Russia's Ozon

Aug 24 2026

Ukraine has struck warehouses belonging to Russian e-commerce giant Ozon on consecutive days, with the firm reporting …

Shein grapples with EU backlash, but clients keep coming

Aug 24 2026

Shein's meteoric growth has made it a lightning rod for critics of ultrafast fashion in Europe, where officials are …

Key facts about Chinese-founded fast-fashion giant Shein

Aug 24 2026

Shein, the Chinese-founded retailer that harnessed social media to chart a meteoric rise in the global fast-fashion …

Shein to make market debut in Hong Kong in September

Aug 24 2026

Shein will debut on the Hong Kong stock exchange on September 1, the fast-fashion retailer said on Monday, in a …

Tourism boom pushes limits of Athens air traffic control

Aug 24 2026

Green arrows representing tourist-laden jets pile up on the screens of the Athens air traffic controllers, a puzzle to …

VW chief warns carmaker's situation 'more than critical'

Aug 23 2026

Volkswagen's CEO warned Sunday the company was in a "more than critical" state ahead of meetings with the car giant's …

Trump admin predicts US trade war 'devastating' for Canada

Aug 23 2026

The Trump administration on Sunday warned that Canada would be "foolish" to think it could win a trade war with the …

Canada retaliates as trade war with US escalates

Aug 23 2026

Canadian Prime Minister Mark Carney announced retaliatory tariffs on the United States on Saturday, after walking away …

Austrian mountain town finds niche in AI boom

Aug 23 2026

Nestled in the wooded hills of Austria's Styria region, the town of Leoben oozes tradition with its pastel-coloured …

Blowing in the wind, humble balloon gets green makeover

Aug 23 2026

A global symbol of parties and celebrations but an environmental headache, the humble balloon is undergoing a green …

Canada hits back with new tariffs after trade talks with US fail

Aug 22 2026

Canadian Prime Minister Mark Carney said Saturday he would slap retaliatory tariffs on the United States after walking …

Canada's Carney stands up to Trump, despite risks

Aug 22 2026

Siding with Canadians weary of provocations from Washington, Prime Minister Mark Carney stood up to US President Donald …

Anthropic market debut could break SpaceX IPO record: media

Aug 22 2026

The market debut of artificial intelligence start-up Anthropic, a chief rival to OpenAI, could break the record set by …