Business and Economy



Western rift over Ukraine and Trump absence mar G20 summit

AFP - 2m ago

A US-European rift over the future of Ukraine threatened to overshadow a G20 summit that started in South Africa on …

Fossil fuel fight threatens to sink COP30 as negotiations run into overtime

AFP - 3h ago

Negotiations at COP30 climate talks in Brazil ran into overtime on Saturday with no agreement struck and delegates still …

Japan businesses brush off worries over China tourists

AFP - 5h ago

Shiina Ito has had fewer Chinese customers at her Tokyo jewellery shop since Beijing issued a travel warning in the wake …

Fossil fuel fight threatens to sink COP30 as EU rejects Brazil's draft

AFP - 4h ago

The clock was ticking down on the slated final day of UN climate talks in Brazil Friday where a bitter fight over …

G20 summit opens in South Africa without Trump

AFP - 7h ago

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday …

UN climate summit pushes into overtime as nations clash over fossil fuels

Nov 21 2025

Negotiators pushed into overtime Friday to salvage UN climate talks in Brazil as a bitter fight over whether to mention …

US stocks gain momentum after tech-fueled Asia rout

Nov 21 2025

US markets advanced Friday while European counterparts marked time, in response to sharp losses in Asia at the end of a …

COP30 deal under threat as nations clash over fossil fuels

Nov 21 2025

Negotiators scrambled Friday to salvage UN climate talks in Brazil as oil-producing nations were accused of resisting …

What are Russian forces doing in Mali amid jihadist blocade?

Nov 21 2025

Russian forces fighting in Mali have failed to break the country free from a stifling fuel blockade and attacks waged by …

Modest momentum for US stocks after tech-fuelled Asia rout

Nov 21 2025

US markets moved ahead while European counterparts marked time Friday in response to sharp losses in Asia at the end of …

US stocks creep ahead after tech-fuelled Asia rout

Nov 21 2025

US markets crept ahead in early trading while European counterparts marked time Friday in response to sharp losses in …

EU to seek more tariff exemptions during US commerce secretary visit

Nov 21 2025

The EU will demand more tariff exemptions on products including wines when US Commerce Secretary Howard Lutnick meets …

Lithuania accuses Belarus of 'blackmail' over stranded trucks

Nov 21 2025

Lithuania has reopened its border with Belarus but thousands of trucks are still stuck on the other side, the foreign …

Afghanistan seeks new trade routes as Pakistan ties sour

Nov 21 2025

Afghanistan is scrambling to diversify its trade partners after a deadly border clash with Pakistan last month brought …

How US sanctions on Russia's Lukoil hit Bulgaria's largest refinery

Nov 21 2025

By taking over the Balkan's largest refinery from Lukoil, Bulgaria has for now avoided punishing US sanctions against …

Nations at odds over fossil fuels as COP30 draws to a close

Nov 21 2025

Negotiators were divided Friday on the last day of fire-delayed UN climate talks, as Europe rejected COP30 host Brazil's …

European stocks fall after tech-fuelled Asia rout

Nov 21 2025

Europe's main stock markets fell further following sharp losses across global equities this week, including a rout …

Europe increasingly 'vulnerable' to shocks: ECB chief

Nov 21 2025

European Central Bank chief Christine Lagarde warned Friday the region was increasingly "vulnerable" to shocks like US …

Tech firms lead stock rout as AI bubble fears linger

Nov 21 2025

Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble and after a sell-off …

Japan's Takaichi insists $135 bn stimulus fiscally 'responsible'

Nov 21 2025

Japanese Prime Minister Sanae Takaichi insisted that a $135-billion stimulus package approved Friday was fiscally …

Tech firms lead Asian stock rout as AI bubble fears linger

Nov 21 2025

Tech firms led more steep losses across Asian markets on Friday as investors struggled to shake off fears about an AI …

Fossil fuel showdown looms on UN climate summit's final day

Nov 21 2025

A breach, a blockade, and a blaze: tumultuous UN climate talks head into their final day Friday in the Brazilian Amazon, …

Scramble for Sudan's resources fuels brutal civil war

Nov 21 2025

Behind the civil war tearing Sudan apart for more than two years lie the country's natural riches, with foreign powers …

Livestream giant Twitch to ban under-16s in Australia

Nov 21 2025

Livestream giant Twitch will be forced to remove all users under the age of 16 when Australia's strict social media laws …

ExxonMobil relaunches natural gas project in Mozambique

Nov 20 2025

US energy giant ExxonMobil announced Thursday the resumption of its gas development project in Mozambique, which had …

Stocks lose steam on AI concerns as jobs data cloud rate cut hopes

Nov 20 2025

Stock markets were mixed Thursday as a rally lost momentum after US jobs data clouded hopes of further interest rate …

Walmart earnings beat expectations as shoppers seek savings

Nov 20 2025

US retail giant Walmart reported higher quarterly revenue Thursday and raised its financial outlook, in …

US unemployment up even as hiring beat expectations in delayed report

Nov 20 2025

The US jobless rate crept up in September although hiring exceeded analyst expectations, according to a delayed …

Italy probes Tod's executives over labour exploitation

Nov 20 2025

Italian prosecutors are investigating three executives from luxury fashion label Tod's, as well as the company itself, …

Stocks climb tracking US jobs, Nvidia

Nov 20 2025

Stock markets mostly climbed Thursday but a rally lost momentum after mixed US jobs data offset bumper earnings from …

Germany says China promised 'reliable' rare earth supply

Nov 20 2025

Germany's finance minister said Thursday Beijing had made a "clear" commitment on ensuring rare earth supplies, …

Stocks rise as Nvidia overshadows US jobs report

Nov 20 2025

Stock markets rallied on Thursday after bumper earnings from chip titan Nvidia eased fears of an AI bubble and …

Spain court orders Meta to compensate media for 'unfair competition'

Nov 20 2025

A Spanish court on Thursday ordered Facebook owner Meta to pay local media outlets 479 million euros ($552 million) in …

US unemployment up even as hiring beats expectations in delayed report

Nov 20 2025

The US jobless rate crept up in September even as hiring exceeded analyst expectations, according to a delayed …

Greenpeace says clothes sold by Shein break EU chemicals rules

Nov 20 2025

Clothing items sold by Asian e-commerce giant Shein contain dangerous chemicals at levels well in excess of EU rules, …

Walmart lifts outlook in quarterly results with e-commerce boost

Nov 20 2025

US retail giant Walmart reported higher quarterly revenue Thursday and raised its outlook, in an expectations-beating …

EU moves to bar 'green' labels for fossil fuel investments

Nov 20 2025

The European Commission said Thursday it wants to exclude companies involved in fossil fuels from financial products …

Lufthansa enters race for TAP stake against Air France-KLM

Nov 20 2025

Germany's Lufthansa on Thursday expressed an interest for a stake in TAP Air Portugal, joining Air France-KLM in the …

Daily pill helps people lose 10% of weight in 18 months: study

Nov 20 2025

A daily pill that is cheaper and easier to take than currently available weight loss drugs helps people lose around a …

Stocks mostly rise as Nvidia calms AI fears

Nov 20 2025

Most stock markets rallied on Thursday after strong earnings from chip titan Nvidia eased fears of an AI bubble.

Most markets rise as Nvidia earnings override Fed rate concern

Nov 20 2025

Most Asian markets rallied on Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI …

Memory chip crunch set to drive up smartphone prices

Nov 20 2025

Shoppers could face higher prices for phones, laptops and other gadgets next year, manufacturers and analysts warn, as …

Stocks rally as bumber Nvidia report offsets Fed rate concern

Nov 20 2025

Asian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and …

Nvidia reports 'off the charts' demand for AI chips

Nov 20 2025

Nvidia shares climbed Wednesday after it beat quarterly earnings expectations on fierce demand for its sophisticated …

Stocks steadier before key Nvidia results as oil slides

Nov 19 2025

Stocks steadied Wednesday following heavy losses as investors awaited Nvidia earnings for further clues about whether …

Many US Fed members inclined against December cut: minutes

Nov 19 2025

Many US Federal Reserve officials were leaning against another rate cut in December, meeting minutes showed Wednesday, a …

Swiss queasy over chlorinated chicken fears in US tariff deal

Nov 19 2025

Relief has given way to anxiety in Switzerland over the concessions made to spare the small Alpine nation from US …

China passes US to return as Germany's top trade partner

Nov 19 2025

China has reclaimed its title as Germany's top trading partner, dethroning the United States after President Donald …

China, Netherlands move to resolve Nexperia chip row

Nov 19 2025

The Netherlands said Wednesday it had suspended its proposed takeover of Chinese-owned chip maker Nexperia in a sign of …

EU states back new delay to anti-deforestation rules

Nov 19 2025

EU member states Wednesday backed a new one-year delay to landmark anti-deforestation rules that have hit a wall of …

Trump tariff hikes hit US August imports, delayed data shows

Nov 19 2025

President Donald Trump's tariff hikes on dozens of trading partners hit US imports in August, according to a Wednesday …

With Shein, Temu rising, EU to overhaul consumer protection rules

Nov 19 2025

Faced with the explosive growth of online shopping platforms like Shein and Temu, the EU executive said on Wednesday it …

Mammoth German rail project hits the buffers - again

Nov 19 2025

The opening of a mammoth German rail project, which has become emblematic of the infrastructure woes plaguing Europe's …

Stocks steadier before key Nvidia results

Nov 19 2025

Stocks recovered slightly Wednesday following heavy losses as investors awaited Nvidia earnings for further clues about …

Netherlands halts Nexperia takeover in gesture to China: minister

Nov 19 2025

The Netherlands has suspended its proposed takeover of Chinese-owned chip maker Nexperia in a sign of "good will" …

Stocks struggle as Nvidia takes centre stage amid AI bubble fears

Nov 19 2025

Stocks struggled Wednesday to kickstart a recovery following the latest stagger across world markets that has been …

Roblox game platform launches age checks for chat

Nov 19 2025

Gaming giant Roblox Corp says it will roll out compulsory facial recognition or ID checks from next month for players …

Why is bitcoin plunging?

Nov 19 2025

The value of bitcoin has fallen sharply since reaching record heights last month, briefly falling below $90,000 on …

South Africa to host G20 summit boycotted by US

Nov 19 2025

South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries …

Asian markets bounce as Nvidia takes centre stage amid AI bubble fears

Nov 19 2025

Asian investors battled Wednesday to kickstart a recovery in equities following the latest stagger across world markets …

India's Bollywood battles paid reviews and fake sale claims

Nov 19 2025

India's $60-billion Bollywood industry is facing a deepening credibility crisis, as insiders warn that manipulated film …

Ultra-processed foods a rising threat to health: researchers

Nov 19 2025

Researchers warned Wednesday that rising global consumption of ultra-processed foods (UPFs) poses a major threat to …

Lula to return to COP30 as nations under pressure to land deal

Nov 18 2025

COP30 host Brazil pushed Tuesday for an early breakthrough at UN climate talks, with nations weighing a proposed deal …

Global stocks in red over worries about tech and Nvidia

Nov 18 2025

Stock markets slid across the board on Tuesday as investors worried about lofty tech valuations on the eve of earnings …

Cloudflare bug takes chunk of web offline

Nov 18 2025

Major websites including social network X and AI chatbot ChatGPT were disrupted on Tuesday after US online services …

Meta wins major antitrust case as US judge rules no monopoly

Nov 18 2025

A US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's …

Germany hopes new data centre can help bring 'digital sovereignty'

Nov 18 2025

A new mega data centre is slated to rise in a rural stretch of eastern Germany in what backers hope is a starting point …

French court says Perrier can keep marketing as 'natural mineral water' 

Nov 18 2025

A French court on Tuesday said Perrier can keep selling its famed sparkling beverage as "natural mineral water", …

Lula to return to COP30 as first draft climate deal lands

Nov 18 2025

COP30 host Brazil on Tuesday unveiled a first draft deal after UN climate talks stretched late into the night, seeking a …

IMF gold sales among measures to tackle debt, says report for G20

Nov 18 2025

South African President Cyril Ramaphosa welcomed Tuesday a G20-commissioned report proposing the sale of some of the …

Stocks edge down over worries about tech and Nvidia

Nov 18 2025

Stock markets slid across the board on Tuesday as investors worried about lofty tech valuations on the eve of earnings …

Study finds 41% of EV drivers would avoid Tesla over politics

Nov 18 2025

More than 40 percent of electric car drivers worldwide would avoid owning a Tesla, the brand run by controversial …

Eurogroup chief quits for World Bank senior role

Nov 18 2025

Pascal Donohoe, head of the Eurogroup panel of eurozone finance ministers, quit Tuesday to take up a senior job at the …

COP-and-trade? Tariffs, carbon tax weigh on climate talks

Nov 18 2025

In Belem, the Brazilian city hosting COP30, it's hard to miss the BYD Dolphin Mini -- the Chinese hatchback that's …

Amazon, Microsoft cloud services could face tougher EU rules

Nov 18 2025

Amazon and Microsoft cloud services could face stricter EU competition rules after Brussels on Tuesday launched probes …

Europe looks to catch up with US in AI race at German digital summit

Nov 18 2025

Europe must strive to lead in the AI race, top officials urged Tuesday at a summit focused on propelling the region to …

Stocks, bitcoin retreat with eyes on Nvidia

Nov 18 2025

Stock markets slid and bitcoin dropped under $90,000 Tuesday as investors worried about lofty tech valuations on the eve …

Stock markets track Wall St down with Nvidia, US jobs in view

Nov 18 2025

Tokyo and Seoul led equity losses on Tuesday, while bitcoin fell below $90,000 as investors grow increasingly worried …

TotalEnergies accused of Mozambique war crimes 'complicity'

Nov 18 2025

An NGO said Tuesday it had filed a legal complaint against TotalEnergies, accusing the French energy multinational of …

Asian markets track Wall St down with Nvidia, US jobs in view

Nov 18 2025

Tokyo and Seoul led Asian equity losses Tuesday, while bitcoin extended its latest swoon as investors grow increasingly …

Merz, Macron to push for European digital 'sovereignty'

Nov 18 2025

German Chancellor Friedrich Merz and French President Emmanuel Macron will join forces Tuesday to push for greater …

Haitian gangs getting rich off murky market for baby eels

Nov 18 2025

Gangs in Haiti are profiting from a lucrative trade in baby eels caught in the crime-ridden country's rivers and …

Shares in 'Baby Shark' studio jump on market debut

Nov 18 2025

Shares in the South Korean studio behind the ultra-catchy "Baby Shark" -- YouTube's most-viewed video -- surged as much …

Carney's Liberals pass budget, avoiding snap Canada election

Nov 18 2025

Canada's government survived a confidence vote on Monday as parliament narrowly passed a budget Prime Minister Mark …

Stocks gloomy on earnings and tech jitters, US rate worries

Nov 17 2025

Global stock markets pulled back Monday as traders awaited key earnings reports, notably from chip giant Nvidia, amid …

Fate of Canada government hinges on tight budget vote

Nov 17 2025

Canadian Prime Minister Mark Carney's Liberal government faced potential collapse on Monday, with parliament set to vote …

Stocks tepid on uncertainty over earnings, tech rally, US rates

Nov 17 2025

Global stock markets marked time Monday as traders awaited key earnings reports, notably from chip giant Nvidia, amid …

Stocks lower on uncertainty over earnings, tech rally, US rates

Nov 17 2025

Global stock markets fell back Monday as traders awaited key earnings reports notably from chip giant Nvidia and amid …

Trade tensions force EU to cut 2026 eurozone growth forecast

Nov 17 2025

The eurozone economy will grow less than expected next year, the EU executive predicted on Monday, as risks from …

France makes 'historic' accord to sell Ukraine 100 warplanes

Nov 17 2025

France's President Emmanuel Macron and his Ukrainian counterpart Volodymyr Zelensky on Monday signed an accord for Kyiv …

Emirates orders 65 more Boeing 777X planes despite delays

Nov 17 2025

Emirates, the Middle East's biggest airline, topped up its order of Boeing 777X planes on Monday despite years of …

Stocks lower on uncertainty over tech rally, US rates

Nov 17 2025

Stock markets struggled on Monday on concerns the US Federal Reserve could hold off on further rate cuts this year and …

Macron, Zelensky sign accord for Ukraine to buy French fighter jets

Nov 17 2025

France's President Emmanuel Macron and Ukrainian counterpart Volodymyr Zelensky Monday signed an accord for Kyiv to …

EU predicts less eurozone 2026 growth due to trade tensions

Nov 17 2025

The EU on Monday cut its eurozone growth forecast for 2026 as risks from international trade and geopolitical tensions …

Japan-China spat over Taiwan comments sinks tourism stocks

Nov 17 2025

Japanese tourism and retail shares dived on Monday after China warned its citizens to avoid the tourist hotspot in a …

Swiss growth suffered from US tariffs in Q3: data

Nov 17 2025

Switzerland's economy contracted in the third quarter of the year, suffering from high US tariffs which abruptly …

Asian markets struggle as fears build over tech rally, US rates

Nov 17 2025

Asian markets were mixed Monday amid simmering concerns that the Federal Reserve will not cut interest rates as hoped …

Japan-China spat sinks tourism stocks

Nov 17 2025

Japanese tourism and retail shares fell sharply on Monday after China warned its citizens to avoid travelling to the …

Zelensky in Paris to seek air defence help for Ukraine

Nov 17 2025

Ukraine's President Volodymyr Zelensky visits Paris on Monday in a new bid to secure weaponry to defend his country …

Greenpeace says French uranium being sent to Russia

Nov 17 2025

The Greenpeace environment group said Sunday that France was sending reprocessed uranium to Russia for treatment so it …

Serbia avoiding 'confiscation' of Russian shares in oil firm NIS

Nov 16 2025

Serbia's president on Sunday said he wanted to avoid the "confiscation" of Russian shares in Serbian oil company NIS "at …

Luxury houses eye India, but barriers remain

Nov 16 2025

The globe's biggest luxury brands have dreamt of India's vast consumer base for decades, but navigating the market has …