Business and Economy



Strong US job growth beats expectations in May, firming recent gains

AFP - 38m ago

US job growth surged past expectations in May with the unemployment rate remaining steady, as the labor market in the …

Putin rules out Zelensky meeting any time soon

AFP - 1h ago

Russian President Vladimir Putin on Friday ruled out meeting his Ukrainian counterpart any time soon, a day after …

Putin rules out imminent Zelensky meeting

AFP - 1h ago

Russian President Vladimir Putin on Friday ruled out meeting his Ukrainian counterpart any time soon, a day after …

Blockbuster US job gains ruffle Wall Street

AFP - 2h ago

Forecast-beating US jobs data rattled Wall Street on Friday as investors saw increased chances of an interest rate hike.

FIFA ups payments to clubs who send players to World Cup

AFP - 3h ago

Clubs whose players go to the World Cup, or appeared in qualifying, will receive increased compensation this summer, …

Russian economy has not collapsed, Putin says at key forum

AFP - 1h ago

The Russian economy has not fallen apart, President Vladimir Putin said on Friday, dismissing Western criticism that his …

Irish slump drags eurozone economy into red

AFP - 4h ago

The eurozone economy recorded an unexpected contraction in the first quarter, dragged down by a sharp fall in Irish …

AI fever spreads, but are markets masking economic cracks?

AFP - 4h ago

SpaceX's record-smashing IPO plan shows investors are eager to keep pouring money into all things AI, even as alarm …

'No hope': Indian crew stranded off Turkey for months

AFP - 20m ago

Four Indian sailors have been stranded for months on an abandoned container ship off Istanbul, unable to leave under …

Sea drone explodes in the Romanian port of Constanta, no casualties

AFP - 7h ago

A sea drone exploded early Friday in Romania's Black Sea port of Constanta without causing casualties, officials said, a …

Irish slump drags eurozone economy into red in first quarter

AFP - 2h ago

The eurozone recorded an unexpected contraction in the first three months of 2026 due to a steep slump in Ireland's …

Oil dips, equities diverge on MIdeast, AI trades

AFP - 3h ago

Oil prices slipped and stock markets were mixed Friday as traders reacted to Mideast war developments and concerns over …

Asian stocks take another hit from AI, Mideast worries

AFP - 2h ago

Asian equities went into reverse Friday on continued worries about the AI trade after disappointing forecasts from chip …

Anthropic calls for pause of global AI development

AFP - 11h ago

Artificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as …

Crypto scammers prey on French victims from Albania

AFP - 13h ago

Despite facing up to 10 years in jail on fraud charges for allegedly luring people into putting their savings into an …

Putin to confront weak economy at 'Russian Davos', under threat of Ukrainian drones

AFP - 12h ago

Russia's Vladimir Putin will address a flagship investment forum in Saint Petersburg on Friday, as the war in Ukraine …

Oil drops, stocks mostly higher despite AI concerns

Jun 04 2026

Oil prices and the dollar retreated Thursday as traders tracked conflicting developments in the Middle East war, while …

SpaceX IPO: rockets, AI losses and Musk in control

Jun 04 2026

SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars.

IMF boosting financial support for four African nations over war impact

Jun 04 2026

The International Monetary Fund on Thursday announced it was stepping up financial support for at least four African …

What we know about Trump relatives' project in Albania

Jun 04 2026

Protesters are furious over a planned luxury tourism complex in Albania that is linked to US President Donald Trump's …

Iran leader says dealt enemies 'decisive blow' in Middle East war

Jun 04 2026

Iran's supreme leader said Thursday that the United States and Israel had been dealt a "decisive blow" in the Middle …

'Blood gold': how gangs took control of Venezuela's mines

Jun 04 2026

Investors cheered when Venezuela opened its vast mineral reserves to private capital in April but gang control over many …

Brazil may purchase 20 more fighter jets from Sweden

Jun 04 2026

Brazil wants to acquire 20 additional Gripen fighter jets, made by Swedish defence company Saab, on top of the 36 it …

Oil drops, stocks mixed on Mideast war, AI uncertainty

Jun 04 2026

Oil prices and the dollar retreated Thursday while stock markets were mixed as traders tracked conflicting events in the …

SpaceX seeks a record $75 bn in stock market debut

Jun 04 2026

SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, …

What we know about Kushner's project in Albania

Jun 04 2026

Protesters are furious over a planned luxury tourism complex in Albania that is linked to US President Donald Trump's …

Iran leader says dealt enemies 'decisive blow' in Mideast war

Jun 04 2026

Iran's supreme leader said Thursday that the United States and Israel had been dealt a "decisive blow" in the Middle …

Asian stocks drop on AI, rate hike worries as Lebanon deal hits oil

Jun 04 2026

Asian stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, …

Indonesian rupiah falls to record low against US dollar

Jun 04 2026

Indonesia's rupiah hit more than 18,000 per dollar for the first time Thursday as the country is stung by surging energy …

Stocks drop on AI, rate hike worries as Lebanon deal hits oil

Jun 04 2026

Stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while …

Overtaken by Hong Kong in global wealth management, Swiss keep cool

Jun 04 2026

Though Hong Kong has overtaken Switzerland as the number one in cross-border wealth management, rather than enter panic …

Meta lashes Australia's bid to make tech giants pay for news

Jun 04 2026

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, …

SpaceX aims to raise record $75 bn in stock market debut

Jun 03 2026

SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a …

Oil rises, stocks slip on fragile Mideast peace hopes

Jun 03 2026

Oil prices rose on Wednesday, edging closer to $100 a barrel while stocks fell as further attacks between the United …

Ukrainian drones hit Saint Petersburg as 'Russian Davos' opens

Jun 03 2026

Ukrainian drones hit an oil complex and military base in Saint Petersburg on Wednesday as ministers and officials …

US sanctions interrupt Visa, Mastercard payments in Cuba

Jun 03 2026

Visa and Mastercard payments in Cuba will be suspended from Saturday after US sanctions prompted a foreign bank to sever …

EU wants to favour European firms for AI, cloud in sovereignty push

Jun 03 2026

The EU on Wednesday unveiled its plan for slashing dependence on American and Asian technology, including favouring …

UN urges AI firms to reveal environmental footprint

Jun 03 2026

A UN report on Wednesday urged artificial intelligence firms to disclose their environmental footprint, warning that the …

France hits Shein with 22 mn euros in new fines over consumer violations

Jun 03 2026

French authorities said Wednesday that they had imposed two fines on Shein totalling more than 22 million euros ($25.5 …

Deadly drone strike on Kuwait airport as Iran, US trade fire

Jun 03 2026

A Iranian drone strike on a passenger terminal in Kuwait's international airport killed one person and wounded 63 more …

Oil jumps, stocks mixed on fragile MIdeast peace hopes

Jun 03 2026

Oil prices jumped and stock markets diverged Wednesday as fresh Middle East attacks dented hopes of an imminent peace …

EU eases spending rules to tackle energy shock

Jun 03 2026

The EU on Wednesday eased its spending rules to help member states confront the energy shock sparked by the Middle East …

Ukraine drones hit Saint Petersburg as 'Russian Davos' opens

Jun 03 2026

Ukrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a …

Robots, supply strain: five hot topics at Computex

Jun 03 2026

From laptops designed for the artificial intelligence era to advances in robotics and sky-high tech shares, here are …

Oil prices rise on Iran peace worries, Asian stocks build on tech rally

Jun 03 2026

Oil prices jumped more than two percent Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the …

Drone strikes close Kuwait airport as Iran and US clash in Gulf

Jun 03 2026

A drone strike on a passenger terminal in Kuwait's international airport wounded several people Wednesday and forced air …

Ukraine drones hit Saint Petersburg as flagship economic forum opens

Jun 03 2026

Ukrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a …

OECD cuts 2026 global growth forecasts over Mideast war fallout

Jun 03 2026

The war in the Middle East has dented economic growth prospects worldwide, with a more severe shock likely if no …

As crises balloon, so do EU nations' deficits

Jun 03 2026

More and more EU countries are being thrown in the public spending sin bin over their mushrooming deficits, with …

Oil prices rise on Iran peace worries, stocks build on tech rally

Jun 03 2026

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of …

Trump signs AI order giving government access to powerful models

Jun 03 2026

US President Donald Trump on Tuesday signed an executive order creating a voluntary framework under which AI developers …

Thousands protest Jared Kushner-linked resort project in Albania

Jun 03 2026

Thousands of Albanians protested Tuesday against a coastal tourism complex allegedly linked to US President Donald …

EU to unveil plan to wean itself off US, Asia tech

Jun 03 2026

The EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, …

Will SpaceX IPO make Elon Musk a trillionaire?

Jun 03 2026

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon …

Before SpaceX goes public, a scramble to get on bandwagon

Jun 03 2026

As SpaceX prepares its long-awaited stock market debut, investors everywhere are scrambling to get a piece of the action …

Canada and Mexico tell US they want free trade deal renewed

Jun 02 2026

Canada and Mexico on Tuesday called for a 16-year renewal of the North American free trade agreement with the United …

Foreign companies take flight from US-sanctioned Cuba

Jun 02 2026

With a US deadline to sever ties with Cuba's military conglomerate GAESA fast approaching, foreign companies had by …

Stalled Mideast peace process sends oil soaring, tech buoys stocks

Jun 02 2026

Stalled progress in peace negotiations between Washington and Tehran sent oil prices higher on Tuesday, with stocks also …

Microsoft unveils AI models in push for independence from OpenAI

Jun 02 2026

Microsoft on Tuesday unveiled its own cutting-edge artificial intelligence models in San Francisco -- a crucial step …

Canada tells US and Mexico it wants free trade deal renewed

Jun 02 2026

Canada has formally told the United States and Mexico that it wants to renew the North American free trade agreement …

Airbus tests passenger plane that can fly 22 hours non-stop

Jun 02 2026

Airbus said Tuesday its A350-1000ULR widebody aircraft capable of flying up to 22 hours non-stop has successfully …

Six hotels earn France's prestigious 'palace' label

Jun 02 2026

Six hotels in France including a venue founded by an American couple joined one of the world's most exclusive clubs on …

Oil dips, stocks advance with all eyes on Mideast war prospects

Jun 02 2026

Oil prices dipped and stocks advanced on Tuesday as investors weighed the chances for a peace agreement between the US …

UniCredit says increased Commerzbank stake to 34% in hostile takeover

Jun 02 2026

Italy's UniCredit said Tuesday it was able to increase its stake in Commerzbank to 34.4 percent as its hostile takeover …

German arms maker Rheinmetall signs 5.7 bn euro deal with Romania

Jun 02 2026

German defence giant Rheinmetall said Tuesday it has signed a 5.7-billion-euro ($6.6-billion) deal to supply the …

Oil steady, stocks mixed with all eyes on Mideast war prospects

Jun 02 2026

Oil prices wavered and stocks were mixed on Tuesday as investors weighed the chances for a peace agreement between the …

Anthropic expands access to powerful Mythos AI model

Jun 02 2026

Anthropic on Tuesday gave approximately 150 organizations around the world access to Mythos, its powerful new AI model …

Chilli price drives Indonesia's monthly inflation

Jun 02 2026

Monthly inflation in Indonesia doubled in May, driven by food prices and particularly chilli in the hot sauce-addicted …

Oil falls, stocks rise as traders bet on Mideast progress

Jun 02 2026

Oil prices retreated and stock markets largely gained Tuesday as investors assessed the chances of a Middle East peace …

Most stocks rise, oil drops as traders assess outlook for Mideast deal

Jun 02 2026

Equities mostly rose and oil fell Tuesday as investors assessed the chances of a Middle East peace agreement, while tech …

Most stocks rise as traders assess outlook for Mideast deal

Jun 02 2026

Equities mostly rose Tuesday as investors assessed the chances of a Middle East peace agreement, though Donald Trump and …

Pay workers 'as much as possible', Nvidia's Huang says

Jun 02 2026

Companies should pay workers "as much as possible", Nvidia boss Jensen Huang said Tuesday ahead of a trip to South …

Bollywood divided over bid to cap punishing work hours

Jun 02 2026

Bollywood's long-entrenched culture of gruelling work schedules is facing rare scrutiny, as top actors and filmmakers …

Asian stocks swing on mixed signals over Middle East

Jun 02 2026

Equities fluctuated Tuesday as investors assessed the likelihood of a Middle East peace agreement as US-Iran talks …

Hanoi curbs kerb culture as city clamps down on pavement vendors

Jun 02 2026

The pavements of Hanoi's wide boulevards and narrow lanes have long been clogged with bustling food stalls, weaving …

Trump says Iran talks moving fast despite threat to widen war

Jun 01 2026

US President Donald Trump said Monday that talks with Iran were moving at a "rapid pace", even as Tehran threatened to …

Oil prices jump as Iran suspends peace talks

Jun 01 2026

Oil prices jumped and equities were mixed Monday as Middle East peace talks stumbled, while Lebanese authorities said …

Florida sues OpenAI, CEO Altman over ChatGPT harm to minors

Jun 01 2026

Florida's attorney general on Monday sued OpenAI and its CEO Sam Altman, accusing the company's ChatGPT chatbot of …

AI giant Anthropic confidentially files for IPO

Jun 01 2026

AI giant Anthropic, the maker of the Claude chatbot, announced Monday that it had filed confidentially for an initial …

Macron announces 93 bn euros in 'Choose France' foreign investments

Jun 01 2026

President Emmanuel Macron announced "record" foreign investments of 93 billion euros ($108 billion) at an international …

Trump says Iran truce talks moving at 'rapid pace' after Tehran threats

Jun 01 2026

US President Donald Trump said Iran talks were moving at a "rapid pace" despite the negotiations to end the Mideast war …

Iran truce on the rocks as Guards threaten 'new fronts'

Jun 01 2026

Negotiations to end the Mideast war appeared in deep trouble on Monday, with Iran's Revolutionary Guards threatening to …

New York Times publisher slams AI companies' 'brazen theft' from news outlets

Jun 01 2026

The New York Times publisher on Monday slammed artificial intelligence companies for "brazen theft of intellectual …

Macron announces 93 bn euros in 'Choose France' investments

Jun 01 2026

President Emmanuel Macron said he was expecting "record" foreign investment amounting to 93 billion euros ($108 billion) …

After the AI binge, companies balk at soaring bills

Jun 01 2026

Artificial intelligence is getting expensive -- and companies are starting to rethink their embrace of the disruptive …

Nvidia PC chip hailed as 'game changer' in race for AI device

Jun 01 2026

Laptop chipmakers such as Intel and AMD should be worried about their new rival Nvidia, experts say, after the US …

Oil prices jump as US-Iran talks stall

Jun 01 2026

Oil prices jumped and equity markets diverged Monday as Middle East peace talks stalled and investors continued to pour …

Huge state subsidies give China unfair edge over foreign rivals: OECD

Jun 01 2026

Chinese companies in 15 key industrial sectors received vastly more state support than their international competitors …

Nvidia launches Windows laptop chip for AI era

Jun 01 2026

Nvidia unveiled a powerful laptop chip for Windows machines on Monday, staking its claim in the market for …

Nvidia launches Windows laptop chip in consumer PC push

Jun 01 2026

Nvidia unveiled a powerful laptop chip for Windows machines on Monday, staking its claim in the market for …

Asian equities ahead, oil rises as uncertainty surrounds US-Iran talks

Jun 01 2026

Oil rose while Asian equities firmed Monday as a surge in artificial intelligence-linked stocks helped offset …

'AI simply can't replicate it': Japan embraces zine trend

Jun 01 2026

Through the noise of rushing papers and whirring belts at a print factory in Kyoto, two creators watch their photo essay …

Outgoing chair Powell delivers defense of Fed independence

Jun 01 2026

Outgoing US Federal Reserve chair Jerome Powell on Sunday delivered a staunch defense of the need for the central bank …

Europe's green jet fuels see upside in Iran war

May 31 2026

At a plant near Frankfurt, in Germany, hydrogen and CO2 sourced from a chlorine factory and a biogas facility nearby are …

Energy crunch fuels car pool growth

May 31 2026

Rising fuel prices triggered by the Middle East war are driving a sharp increase in carpooling, with a ride-sharing …

Mining turns India's heat-shield hills to dust

May 31 2026

Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a …

SoftBank to spend $87.5bn on AI centres in France: Son

May 30 2026

Japanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in …

Trump insists on red lines as Iran deal remains elusive

May 30 2026

US President Donald Trump will only make a peace deal with Iran if it meets all of his conditions, a White House …

Blue Origin rocket explosion is bad news for both Bezos and NASA

May 29 2026

Space exploration is filled with setbacks, but the spectacular explosion of Blue Origin's New Glenn rocket on Thursday …

Oil falls, stocks mixed on US-Iran truce prospects

May 29 2026

Stock markets were mixed while oil prices fell again on Friday on investor optimism that the United States and Iran …

Trump says making final decision on Iran deal

May 29 2026

US President Donald Trump said Friday that he was making his decision on a potential deal with Iran, though Tehran …

Universal Music rejects takeover bid from Pershing Square

May 29 2026

Entertainment giant Universal Music Group (UMG) on Friday rejected an investment and restructuring proposal from US …