Business and Economy
Stocks drop, yields at three-decade highs on Mideast flare-up
AFP - 1h ago
Stocks fell and bond yields held at multi-decade highs on Wednesday as investors ramp up rate hike bets amid a fresh …
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Stocks drop as yields and oil prices spike on Mideast flare-up
AFP - 48m ago
Stocks fell and bond yields held at multi-decade highs as investors ramp up rate hike bets amid a fresh flare-up in …
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US energy secretary arrives in Venezuela to discuss oil deal
AFP - 3h ago
US Energy Secretary Chris Wright arrived in Venezuela on Tuesday to finalize an oil deal granting the United States …
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US defends Trump Venezuela oil deal as energy secretary lands in Caracas
AFP - 2h ago
US officials on Tuesday defended President Donald Trump's oil deal with Venezuela, saying it would lower oil prices for …
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Stocks sink, yields at multi-decade highs and oil spikes on Mideast flare-up
AFP - 4h ago
Stocks fell and bond yields held at multi-decade highs as investors ramp up rate hike bets amid a fresh flare-up in …
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G20 finance leaders close talks marked by US welcoming Russia
AFP - 8h ago
G20 finance leaders closed their two-day gathering on Tuesday with a statement that all but China backed in full, as …
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John Ternus takes over as Apple enters era of AI, foldable phones
Sep 01 2026
John Ternus took over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone market …
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US defends Trump's Venezuela oil deal
Sep 01 2026
US officials on Tuesday defended President Donald Trump's oil deal with Venezuela, saying it would lower oil prices for …
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IMF reaches agreement with Senegal on new $2.2 bn loan programme
Sep 01 2026
The International Monetary Fund announced an agreement with Senegal on Tuesday for a new $2.2-billion loan programme, …
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OpenAI to launch new model with 'stronger safeguards' after hack
Sep 01 2026
ChatGPT maker OpenAI said Tuesday it was preparing to release its newest powerful model, known as Astra, after …
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Global bond sell-off, surging oil prices send markets into the red
Sep 01 2026
A sell-off of bonds from key countries worldwide deepened on Tuesday, sending government borrowing costs soaring and …
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Zuckerberg, Musk make plea at G20 for more AI data centers
Sep 01 2026
Mark Zuckerberg and Elon Musk on Tuesday stressed the need for more AI data centers and the electric power needed to …
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'Discomfort' at G20 finance talks as US hosts Russian minister
Sep 01 2026
The Russian finance minister's presence at US-hosted G20 talks has cast a shadow over the gathering, as Washington …
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Canadian minister says Russia's G20 presence sparked 'discomfort'
Sep 01 2026
Canadian Finance Minister Francois-Philippe Champagne said Tuesday that his Russian counterpart's presence at US-hosted …
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Global bond sell-off deepens on inflation concerns
Sep 01 2026
A sell-off of bonds from key countries worldwide deepened on Tuesday, sending government borrowing costs soaring and …
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EU official says it's not time to 'normalize' Russia at G20 finance talks
Sep 01 2026
EU economy chief Valdis Dombrovskis said Tuesday that it is not the time to "normalize" Moscow's presence at G20 …
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Germany's far-right AfD promises 'boom' but economists fear worst
Sep 01 2026
Germany's far-right AfD has promised an "economic boom" if it wins Sunday's regional elections and ends up ruling the …
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Former Peru minister last-minute contender for UN labour agency helm
Sep 01 2026
The UN labour agency chief will face two challengers for his job after a former Peruvian foreign minister entered the …
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Shein flattens on Hong Kong debut facing global headwinds
Sep 01 2026
Fast-fashion retailer Shein made a tepid Hong Kong debut on Tuesday, having raised US$1.7 billion in a high-profile …
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Eurozone inflation hits three-year high at 3.3% in August
Sep 01 2026
Eurozone inflation jumped to 3.3 percent in August, the highest level in three years, as the war in the Middle East kept …
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Oil extends gains, stocks mostly down as Trump issues fresh Iran warning
Sep 01 2026
Oil prices jumped more than one percent Tuesday amid fears of a fresh bout of military exchanges between the United …
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Oil extends gains, stocks mixed as Trump issues fresh Iran warning
Sep 01 2026
Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran …
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AI startup Manus says resumes independent operations
Sep 01 2026
AI startup Manus said Tuesday it had resumed independent operations, months after China blocked Facebook-owner Meta from …
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Japan to relax overtime regulation under workaholic PM
Sep 01 2026
Japan will ease overtime regulation starting Tuesday in a move meant to help spur economic growth but criticised as a …
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Defence tech hub Munich booms as Europe rearms
Sep 01 2026
Munich is booming as a hub for young defence tech firms making everything from AI-powered drones to cutting-edge …
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Illegal mining ravages S.Africa's economic hub
Sep 01 2026
Whole chunks of a once-busy road in Johannesburg have collapsed because of damage caused by the illegal mining rampant …
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Fast-fashion giant Shein plunges 10% on Hong Kong debut
Sep 01 2026
Fast-fashion retailer Shein fell 10 percent on its long-awaited Hong Kong trading debut Tuesday, having raised US$1.7 …
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Oil extends gains, stocks drop as Trump issues fresh Iran warning
Sep 01 2026
Oil prices extended gains Tuesday amid fears of a fresh bout of military exchanges between the United States and Iran …
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Anthropic signs $35B computing deal with startup backed by Nvidia
Sep 01 2026
Anthropic signed a $35 billion deal for access to cloud computing power from a US-based startup backed by Nvidia, adding …
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Middle East war a boon for UAE defence giant with global ambitions
Sep 01 2026
In the heart of the Abu Dhabi desert, workers toil inside warehouses assembling drones and missiles for the UAE's Edge …
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Boat builders keep Pakistan's fishing heritage afloat
Sep 01 2026
The rhythmic hammering of nails and the whine of saws echo around a coastal Karachi neighbourhood, where small figures …
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US draws European pushback with Russia G20 finance invite
Sep 01 2026
Russia's attendance at the opening of US-hosted G20 finance meetings sparked European pushback on Monday, adding a …
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US regulator, 22 states accuse Amazon of 'manipulating' ad auctions: lawsuit
Aug 31 2026
The US Federal Trade Commission (FTC) and 22 states sued Amazon on Monday for allegedly "manipulating" online auctions …
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Oil prices surge on renewed fighting in US-Iran war
Aug 31 2026
Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above $90 a barrel …
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Russian finance minister makes unexpected appearance at G20
Aug 31 2026
Russia's finance minister Anton Siluanov made an unexpected appearance at the US-hosted G20 finance leaders' talks …
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Galliano pulls Met Gala exhibit after antisemitism backlash
Aug 31 2026
Top fashion designer John Galliano announced Monday he was cancelling an exhibition of his work that was to kick off New …
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Apple CEO Tim Cook gives nod to founder Steve Jobs in final memo
Aug 31 2026
Apple's chief executive Tim Cook bid farewell to the tech giant on Monday, paying tribute to founder Steve Jobs and …
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John Ternus to lead Apple into the age of AI
Aug 31 2026
John Ternus takes over as Apple's chief executive on Tuesday, inheriting a company that towers over the smartphone …
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Trump says AI data center opponents want to be 'backwards and poor'
Aug 31 2026
US President Donald Trump on Monday attacked opponents of artificial intelligence data centers, saying they would end up …
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Putin, Xi hold talks in Kyrgyzstan as regional summit begins
Aug 31 2026
Russia's Vladimir Putin and China's Xi Jinping began talks Monday in Kyrgyzstan, where a dozen other heads of state also …
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Shein valued at $26.3 bn in Hong Kong market debut
Aug 31 2026
Fast-fashion giant Shein raised $1.7 billion in its long-awaited Hong Kong initial public offering, valuing the online …
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France takes aim at ultra-fast fashion with new levy
Aug 31 2026
France will from Tuesday impose a fee on ultra-fast fashion items that will eventually reach almost 20 euros per …
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Crude prices rise above $90 per barrel on US-Iran strikes
Aug 31 2026
Oil prices jumped more than two percent Monday, with the Brent international benchmark rising above $90 a barrel after a …
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US vows to keep economic pressure on Iran as G20 finance talks begin
Aug 31 2026
US Treasury Secretary Scott Bessent vowed Monday to persist with economic pressure on Iran, saying a turning point could …
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ChatGPT becomes first AI chatbot to face tougher EU rules
Aug 31 2026
ChatGPT will have to comply with tougher safety rules after the EU added it Monday to a list of digital services subject …
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Putin, Xi, Iran's Pezeshkian in Kyrgyzstan for summit
Aug 31 2026
The leaders of Russia, China, Turkey, India and Iran were in Kyrgyzstan Monday for a two-day summit of the Shanghai …
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G20 finance talks open as US seeks to ramp up pressure on Iran
Aug 31 2026
Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, with the Trump …
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China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected
Aug 31 2026
China's Xi Jinping and Iranian President Massoud Pezeshkian were in Kyrgyzstan for a summit of the Shanghai Cooperation …
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Crude prices rise on US-Iran strikes, equities mixed after Warsh remarks
Aug 31 2026
Oil prices spiked more than two percent Monday after a fresh flare-up in the US-Iran war, while stocks were mixed as …
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Passengers stranded overnight by Kenya airport strike
Aug 31 2026
Hundreds of passengers were stranded at Kenya's main international airport overnight as the latest strike by workers …
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US hosts G20 finance talks with growth, Iran pressure on agenda
Aug 31 2026
Finance leaders from the Group of 20 major economies open talks Monday at a US-hosted gathering, as the Trump …
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Iran retaliates after first US strikes in a month
Aug 31 2026
Iran attacked US military targets in the Middle East on Monday in retaliation for the first American strikes on its …
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Chinese guitar capital's stairway to export heaven
Aug 31 2026
It doesn't take long to guess the main industry of the Chinese town of Zheng'an. A giant guitar sculpture dominates the …
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Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes
Aug 31 2026
Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US …
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Russia's Putin and China's Xi to attend summit in Kyrgyzstan
Aug 31 2026
Russia's Vladimir Putin, China's Xi Jinping and more than a dozen other leaders will gather in Kyrgyzstan Monday for a …
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US strikes Iran for first time in a month, Tehran retaliates
Aug 30 2026
The United States said Sunday it had attacked Iranian rocket launchers on a small island in the Strait of Hormuz, its …
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Google Maps renames Lake Ontario 'Lake America' in US -- but not Canada
Aug 30 2026
Google redesignated Lake Ontario as "Lake America" on maps seen by US users Sunday after President Donald Trump …
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Vietnamese coffee farmers ride China's durian wave
Aug 30 2026
Vietnam's Central Highlands produces around one sixth of the world's coffee, but farmers are switching their traditional …
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Venezuela says retains 'sovereignty' in US oil deal
Aug 30 2026
Interim leader Delcy Rodriguez assured the public Saturday that Venezuela retains control of its oil under a new …
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Data center backlash scrambles US midterm politics
Aug 30 2026
The data centers powering America's artificial intelligence boom have become an unlikely target in November's midterm …
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Venezuelans view US oil deal with doubt, hope
Aug 30 2026
Venezuelans expressed doubt and suspicion on Saturday over a new deal enabling the United States to exploit the …
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Trump announces deal for huge US stake in Venezuelan oil reserves
Aug 29 2026
President Donald Trump said Friday his administration has reached a huge oil deal with Venezuela that gives the United …
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Dollar rallies after Fed chief lifts rate expectations
Aug 28 2026
Wall Street stocks dipped while the dollar rallied Friday after Federal Reserve chief Kevin Warsh flagged fighting high …
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Fed chair Warsh signals 'work to do' on high US inflation
Aug 28 2026
US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high …
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Stocks, dollar rise after Fed chief lifts rate expectations
Aug 28 2026
Stocks advanced and the dollar spiked higher Friday after Federal Reserve chief Kevin Warsh called high inflation …
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Meta's teen safety deal runs into an unsolved problem: proving age
Aug 28 2026
Meta's landmark settlement with nearly every US state promises curfews and time limits for teens on Instagram and …
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Fed chair Warsh flags high US inflation as 'concerning'
Aug 28 2026
US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high …
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Stocks advance with all eyes on Fed chair's speech
Aug 28 2026
Stocks rose on Friday ahead of a keenly awaited speech by US Federal Reserve Chair Kevin Warsh as investors seek clues …
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Swiss nuclear plant fully back online after heatwaves
Aug 28 2026
The Beznau nuclear power plant in Switzerland, which was shut down multiple times over the last two months due to summer …
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Stocks rise ahead of Fed chair's policy speech
Aug 28 2026
Stocks mostly rose Friday as investors awaited a key speech by US Federal Reserve Chair Kevin Warsh for clues about the …
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All eyes on Warsh as Fed chair kicks off key central banking meeting
Aug 28 2026
Markets will be wanting much -- but expecting little -- from US Federal Reserve Chair Kevin Warsh as he kicks off the …
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Japan spent record $96 bn in yen interventions: ministry
Aug 28 2026
Japan spent 15.4 trillion yen ($96 billion) to boost the yen between late July and late August, the finance ministry …
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Germany could miss climate goal in 2026 for first time: think tank
Aug 28 2026
Germany risks missing an annual climate target in 2026 for the first time unless cuts to greenhouse gas emissions …
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Most stocks rise as attention turns to Warsh speech
Aug 28 2026
Stocks mostly rose Friday ahead of a closely watched speech by Federal Reserve boss Kevin Warsh that investors will be …
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US court rules Pentagon ban of Anthropic unlawful
Aug 28 2026
A US federal judge ruled Thursday that sanctions imposed by the Trump administration against AI giant Anthropic were …
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Anger in Austria over business park on former Nazi camp site
Aug 28 2026
A few crumbling concrete blocks in an overgrown field are all that remains visible of what was once a sprawling Nazi …
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Cancer fears stalk Kosovo's coal heartland
Aug 28 2026
In the small town of Obilic, overshadowed by the smokestacks of Kosovo's largest coal-fired power plants, locals say it …
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Tanker pays record $5.3 mn to transit Panama Canal: administrator
Aug 28 2026
A tanker carrying liquefied petroleum gas has paid $5.3 million for priority passage through the Panama Canal ahead of …
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China's help critical, but unlikely, for US to choke off Iran
Aug 28 2026
The United States has threatened the "economic asphyxiation" of Iran, but analysts say that a successful chokehold would …
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Most Asian stocks advance as attention turns to Warsh speech
Aug 28 2026
Asian stocks mostly rose Friday ahead of a closely watched speech by Federal Reserve boss Kevin Warsh that investors …
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'End of an era': Players lament decline of the disc at Gamescom
Aug 28 2026
Some video game fans are flabbergasted at Sony's decision to discontinue disc sales from 2028 at Germany's Gamescom …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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'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 …
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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 …
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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, …
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Canada renews push to boycott US products
Aug 27 2026
Philippe Meranger just finished his grocery shopping in Montreal.
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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 …
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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 …
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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 …
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