Business and Economy



Maradona's heirs sign deal with Swedish company to market brand

AFP - 1h ago

The five heirs to Argentinian football legend Diego Maradona, who died in 2020, have signed a deal with Swedish-Iranian …

US tariffs take big bite out of Swiss exports

AFP - 1h ago

Stiff US tariffs on Switzerland badly hurt the Alpine country's exports in the third quarter, official figures showed …

Equities rally on China-US hopes, new Japanese PM lifts Tokyo

AFP - 1h ago

Stocks extended gains Tuesday on further signs that China-US trade tensions were easing, with Tokyo hitting another …

European airlines drop vague promises on carbon offsets

AFP - 2h ago

European airlines are starting to become prudent when promoting flight carbon-offset measures, such as reforestation, …

Nigerian monarch takes on oil giant in search of environmental justice

AFP - 4h ago

Growing up in southern Nigeria during the 1970s, Bubaraye Dakolo would easily catch 20 kilograms of fish within minutes. …

Paris verdict due in TotalEnergies 'greenwashing' case

AFP - 2h ago

A Paris court is due to hand down a ruling Thursday whether French oil and gas giant TotalEnergies misled consumers with …

China hawk Takaichi named Japan's first woman PM

AFP - 4h ago

Japan got its first woman prime minister on Tuesday after Sanae Takaichi, a China hawk and social conservative, forged …

Internet services cut for hours by Amazon cloud outage

AFP - 8h ago

Popular internet services ranging from streaming platforms to messaging services to banking were offline for hours …

US, Australia sign rare earths deal as Trump promises submarines

AFP - 8h ago

US President Donald Trump signed a deal on rare earth minerals Monday with Australian Prime Minister Anthony Albanese, …

Brazil greenlights oil drilling in sensitive Amazon region

Oct 20 2025

Petrobras said Monday it had received a license to drill for oil near the mouth of the Amazon River, enraging …

Stock markets climb as China-US trade fears ease

Oct 20 2025

Stock markets rose Monday after conciliatory comments from US President Donald Trump eased worries about China-US trade …

Crisis-hit Argentina inks $20 bn rescue with US

Oct 20 2025

Argentina and the United States signed off on a $20 billion financial lifeline Monday, hoping to avert economic meltdown …

Servers, software and data: how the cloud powers the web

Oct 20 2025

The outage that hit the world's leading cloud provider Amazon Web Services on Monday has highlighted global reliance on …

Thyssenkrupp spins off warship unit to tap defence boom

Oct 20 2025

Shares in Thyssenkrupp's naval unit surged Monday as it was spun off from the German industrial giant, highlighting the …

Trial opens in Klarna's $8.3-bn lawsuit against Google

Oct 20 2025

A Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned …

Stock markets rise as China-US trade fears ease

Oct 20 2025

Stock markets climbed Monday after conciliatory comments from US President Donald Trump at the weekend eased worries …

US stocks rise to open big earnings week

Oct 20 2025

Wall Street stocks rose early Monday as markets looked ahead to a heavy week of corporate earnings and monitored the …

Shares in French bank BNP Paribas plummet after US verdict

Oct 20 2025

Shares in France's biggest bank, BNP Paribas, sank more than seven percent in trading on Monday, following a US court …

Amazon's cloud services hit by hours-long global outage

Oct 20 2025

A global outage hit Amazon's cloud services for several hours on Monday, the subsidiary of the US tech giant said, …

Cargo plane skids off Hong Kong runway, kills 2

Oct 20 2025

A cargo plane veered off a runway Monday during landing in Hong Kong, hit a security patrol car and then skidded into …

Amazon's cloud services hit by global outage

Oct 20 2025

A global outage hit Amazon's cloud services on Monday, the subsidiary of the US tech giant said, disrupting many …

China posts lacklustre Q3 economic data as key Beijing conclave starts

Oct 20 2025

China's economy grew at its slowest pace in a year last quarter, official data showed Monday, as high-ranking leaders …

Stock markets bounce back as China-US trade fears ease

Oct 20 2025

Equity markets rose Monday after conciliatory comments from Donald Trump at the weekend eased worries about China-US …

Kering shares jump on sale of beauty division to L'Oreal

Oct 20 2025

The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it …

China's economic growth slows amid sputtering domestic demand

Oct 20 2025

China's economic growth slipped below five percent in the third quarter of 2025, official data showed Monday, the …

Cargo plane skids off Hong Kong runway, kills two

Oct 20 2025

A cargo plane veered off a runway Monday during landing in Hong Kong, hit a security patrol car and then skidded into …

Asian markets bounce back as China-US trade fears ease

Oct 20 2025

Asian markets rose Monday after conciliatory comments from Donald Trump at the weekend ease worries about China-US trade …

California's oil capital hopes for a renaissance under Trump

Oct 20 2025

Every five years, the fading US town of Taft puts on a days-long "Oildorado" festival to celebrate its glory days at the …

OpenAI big chip orders dwarf its revenues -- for now

Oct 20 2025

OpenAI is ordering hundreds of billions of dollars worth of chips in the artificial intelligence race, raising questions …

Withering vines: California grape farmers abandon fields as local wine struggles

Oct 19 2025

For more than a century, Lodi's grape growers have supplied the old wineries that make this Californian city famous. But …

China's power paradox: record renewables, continued coal

Oct 19 2025

Call it the China power paradox: while Beijing leads the world in renewable energy expansion, its coal projects are …

China and US agree to fresh trade talks

Oct 18 2025

China and the United States agreed Saturday to conduct another round of trade negotiations in the coming week, as the …

US court bars NSO Group from installing spyware on WhatsApp

Oct 18 2025

A US judge on Friday granted an injunction barring Israeli spyware maker NSO Group from targeting WhatsApp users but …

Brewing crisis: java-loving NY confronts soaring coffee costs

Oct 18 2025

New Yorkers run on coffee. From high-end experimental boutique cafes to the humble sidewalk cart, millions of cups of …

Argentine peso drops against dollar despite US backing

Oct 17 2025

Argentines scrambled Friday to buy dollars and household items as the peso depreciated against the greenback, despite …

US stocks bounce back as Trump softens China trade tone

Oct 17 2025

Wall Street stocks bounced back Friday following conciliatory signals from Washington towards Beijing on trade while …

US sinks international deal on decarbonising ships

Oct 17 2025

An international vote to approve cutting maritime emissions was delayed by a year Friday in a victory for the United …

US Treasury chief to meet China counterpart as tensions flare

Oct 17 2025

US Treasury Secretary Scott Bessent said Friday that he would likely meet Chinese Vice Premier He Lifeng next week to …

In Argentine farm town, Milei mania fizzles

Oct 17 2025

For clues as to why Argentina's President Javier Milei faces a potential drubbing in next week's mid-terms, look no …

Women designers 'not getting the breaks' despite global fashion shake-up

Oct 17 2025

In fashion at the moment, as seen on catwalks: frills, corsets, big shoulder pads, and "naked dresses". Out of fashion: …

Ex-McLaren boss could take the wheel at Porsche

Oct 17 2025

The former head of British supercar maker McLaren could take over as CEO of Porsche, the German firm said Friday, as it …

US Fed official urges caution but says could back October cut

Oct 17 2025

A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, …

US Treasury chief to speak with China counterpart as tensions flare

Oct 17 2025

US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from …

Stocks slide even as fears over banks, trade war ease

Oct 17 2025

Global stocks mostly fell Friday even as concerns over bank loans and an escalation in the US-China trade war eased.

US stocks rise as fears over banks, trade war ease

Oct 17 2025

US stock markets rose Friday as concerns over bank loans and an escalation in the US-China trade war eased.

Mango founder's son under scrutiny as police probe death

Oct 17 2025

Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak …

Spanish police keep Mango founder death probe open

Oct 17 2025

Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak …

US puts plan to cut ship emissions in troubled waters

Oct 17 2025

An international plan to cut emissions from ships hung in the balance on Friday as the United States urged countries to …

Stocks retreat as US credit fears pile on pressure

Oct 17 2025

European and Asian stock markets Friday tracked losses on Wall Street as fresh credit market fears compounded worries …

Caracas records 8.7 pct growth but Venezuelans lament economic woes

Oct 17 2025

Venezuela's economy grew by 8.7 percent in the third quarter, the country's central bank announced Thursday, but …

Hermes menswear designer Nichanian to step down after 37 years: company

Oct 17 2025

Hermes chief menswear designer Veronique Nichanian is to step down after 37 years in charge and will present her final …

Stock markets fall with Wall St as US credit fears add to worries

Oct 17 2025

Asian and European stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries …

Maritime sector to decide on plan to cut emissions opposed by US

Oct 17 2025

Member states of the International Maritime Organization will decide on Friday whether to formally adopt a plan to cut …

Asian stocks fall with Wall St as US credit fears add to worries

Oct 17 2025

Asian stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade …

China's economic growth slowed to 4.8% in third quarter: AFP poll

Oct 17 2025

China's economy likely grew at its slowest pace in a year last quarter, according to an AFP survey, dragged down by …

US stocks fall as regional bank angst adds to list of worries

Oct 16 2025

Wall Street stocks fell Thursday on fears that private credit problems may weigh on US regional banks, adding to …

Airbnb and Booking.com accused in France over Israeli settlement listings

Oct 16 2025

A French human rights group on Thursday filed a legal complaint against Airbnb and Booking.com, accusing them of …

Spain's BBVA fails in Sabadell takeover bid

Oct 16 2025

Spanish banking giant BBVA's hostile takeover bid for smaller rival Sabadell has failed, dashing its hopes of creating a …

Europe 'well positioned' for future shocks: ECB's Lagarde

Oct 16 2025

Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic …

BBVA's Sabadell takeover bid fails: Spanish regulator

Oct 16 2025

Spanish banking giant BBVA's hostile takeover bid for smaller rival Sabadell has failed, the stock market regulator …

'Battlefield' video game sees big-time sales

Oct 16 2025

The latest installment of military video game "Battlefield" hit the market with sales rivaling that of blockbuster rival …

US budget deficit narrows just slightly despite tariff revenues

Oct 16 2025

The US budget deficit narrowed just slightly over the past year, official data showed Thursday -- despite a surge in …

Waymo robotaxis to deliver orders for some US DoorDash users

Oct 16 2025

US food delivery app DoorDash announced Thursday that Waymo driverless cars will soon shuttle orders to some customers …

Johnson & Johnson faces UK lawsuit over talc cancer claim

Oct 16 2025

Thousands of UK claimants have filed legal action against US pharmaceutical and cosmetics giant Johnson & Johnson …

Thinness is back on catwalks -- and the data proves it

Oct 16 2025

After a short interlude of pushing "body inclusivity" and plus-sized models to the fore, the fashion industry has …

Stocks higher as traders weigh China-US row, tech earnings

Oct 16 2025

Global stock markets mostly rose on Thursday as investors weighed strong tech earnings and hopes that the latest …

US Fed chair contender backs October rate cut

Oct 16 2025

A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this …

Armani names executive close to designer as new CEO

Oct 16 2025

The Armani Group on Thursday named a senior manager who worked alongside Giorgio Armani to take over as chief executive …

Stocks fluctuate as traders weigh China-US row, tech earnings

Oct 16 2025

US stock markets rose but Europe was mixed Thursday as investors weighed strong tech earnings and hopes that the latest …

Putin says Russia a top oil producer, despite 'unfair' pressure

Oct 16 2025

Russian President Vladimir Putin said Thursday that his country was still among the world's top oil producers, despite …

Greece lawmakers back plan to allow 13-hour workday

Oct 16 2025

Greece's parliament on Thursday approved a government-backed bill allowing people to work 13-hour days, despite fierce …

Nestle to cut 16,000 jobs worldwide

Oct 16 2025

Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut …

Markets mixed as traders weigh China-US row, rate cut hopes

Oct 16 2025

Markets were mixed on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that …

Markets mostly rise as traders weigh China-US row, rate cut hopes

Oct 16 2025

Most markets rose Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the …

AI boom delivers record net profit for Taiwan's TSMC

Oct 16 2025

Taiwanese tech titan TSMC reported Thursday a record net profit for the third quarter on skyrocketing demand for …

Don't let the party stop: Berlin's fight against 'club death'

Oct 16 2025

Berlin, long hailed as one of the world's great party cities, is fighting to keep its famed techno clubs alive in the …

Nestle says to cut 16,000 jobs worldwide over next two years

Oct 16 2025

Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, will eliminate 16,000 jobs …

Asia stocks rise as traders weigh China-US row, rate cut hopes

Oct 16 2025

Asian equities edged up Thursday as investors weighed the latest volleys in the China-US trade war and expectations that …

US Treasury chief: Beijing's rare earths move is 'China vs world'

Oct 16 2025

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," …

Argentine markets cheer new US aid, but Trump threat sparks anger

Oct 15 2025

Argentine stocks surged Wednesday on a new US promise of aid for embattled President Javier Milei, despite Donald Trump …

United sees demand 'strengthening' as profits edge lower

Oct 15 2025

United Airlines reported a slight dip in profits Wednesday as operating expenses ticked higher, adding that a …

Syria won't wait for global community to reform economy: Finance Minister

Oct 15 2025

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making …

Stocks rise on US rate cut hopes, strong company earnings

Oct 15 2025

Stocks mostly rose and the dollar retreated Wednesday on hopes for further US interest rate cuts and a solid set of …

US says working on new $20 bn 'facility' for Argentina

Oct 15 2025

US Treasury Secretary Scott Bessent on Wednesday said he was working to rally the private sector around a new $20 …

Exiting TED leader clings to tech optimism

Oct 15 2025

Chris Anderson took over TED 25 years ago, when the internet was young and optimism abounded about the future it could …

EU economy chief urges G7 to join plan tapping Russia assets for Ukraine

Oct 15 2025

The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy …

Dutch tech giant ASML posts stable profits, warns on China

Oct 15 2025

Dutch tech giant ASML warned Wednesday of a steep fall in its China business next year, as it booked flat net profits in …

Canada fears for auto jobs after Stellantis announces US investment

Oct 15 2025

Canadian leaders said Wednesday that Jeep-maker Stellantis's decision to invest $13 billion in the United States …

Greece weighs disputed 13-hour workday reform

Oct 15 2025

Greece's parliament on Wednesday debated a controversial reform proposed by the conservative government, which would …

'Absolutely critical' to boost growth in Europe: IMF official

Oct 15 2025

It is absolutely critical for European countries to boost growth and productivity to catch up with the United States, a …

Pokemon brushes up decades-old formula with 'Legends: Z-A'

Oct 15 2025

New challenges will test Pokemon trainers' reactions in their virtual beast battles, as the near-30-year-old saga's …

Huge telecom takeover bid raising alarms in France is rejected

Oct 15 2025

French telecom firm SFR on Wednesday rejected a buyout bid by three rivals, as the government and labour unions warned …

Markets rally, dollar weakens as Fed cut hopes trump trade war fears

Oct 15 2025

Stocks jumped and the dollar retreated Wednesday as trade war fears were overshadowed by comments from Federal Reserve …

Dutch tech giant ASML posts stable profits, warns on China sales

Oct 15 2025

Dutch tech giant ASML warned Wednesday of a steep fall in its China business next year, as it booked flat net profits in …

Award-winning Nigerian agronomist dreams of a cassava 'revolution'

Oct 15 2025

Mercy Diebiru-Ojo's ambitions are straightforward -- increase Nigerian yam and cassava yields by 500 percent, fight …

Ethiopia's weavers struggle to keep garment tradition alive

Oct 15 2025

Behind the looms of a workshop in the heart of Addis Ababa, dozens of weavers deftly repeat the same motions to craft …

Dutch tech giant ASML: China sales to dip 'signficantly' in 2026

Oct 15 2025

Dutch tech giant ASML said on Wednesday it expected its sales in China to fall significantly next year, as it booked …

China consumer spending falls as pressure on economy builds

Oct 15 2025

China's consumer prices continued to fall last month, with official data highlighting the battle leaders face in trying …

US Republicans seek to shield oil giants as climate lawsuits advance

Oct 15 2025

President Donald Trump's second term has seen the United States go all-in to boost Big Oil and block renewables -- yet a …

Asian markets rally as Fed cut hopes trump trade war fears

Oct 15 2025

Stocks jumped Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that …

Mixed day for global stocks amid trade angst, Powell comments

Oct 14 2025

European and US stock markets fell before recovering somewhat as markets weighed trade tensions between Beijing and …

Brazil, other nations agree to quadruple sustainable fuels

Oct 14 2025

Brazil, India, Italy and Japan vowed Tuesday to quadruple their production and consumption of renewable fuels, hoping …