Business and Economy
Tech stocks plunge further but London market hits record high
AFP - 30m ago
Global stock markets largely retreated Wednesday, with South Korea's index suffering one of its steepest plunges as …
Full Story »
Russia seeks arrest of Telegram chief Durov
AFP - 1h ago
Russia announced on Wednesday that it was seeking the arrest of Telegram founder Pavel Durov over accusations of …
Full Story »
BMW aims to cut 8,000 jobs by end 2027: company source
AFP - 2h ago
Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end …
Full Story »
South Korean stocks plunge as tech rout deepens, oil rises
AFP - 3h ago
South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip …
Full Story »
South Korean stocks collapse amid Asian tech rout
AFP - 43m ago
South Korean stocks suffered one of their steepest plunges on Wednesday, with the blood-letting that has battered chip …
Full Story »
Hong Kong independent bookstores to close after police raid
AFP - 4h ago
A Hong Kong bookshop raided by national security police this month announced on Wednesday that it would close after 50 …
Full Story »
UBS says second-quarter net profit up 17% to $2.8 billion
AFP - 6h ago
Swiss banking giant UBS reported Wednesday that net profit rose 17 percent to $2.8 billion in the second quarter, driven …
Full Story »
Crude jumps on fresh Mideast flare-up, tech rout deepens
AFP - 2h ago
Oil prices spiked Wednesday after a fresh flare-up of fighting in the Middle East that revived fears over supplies …
Full Story »
US Fed expected to hold rates steady as inflation hawks circle
AFP - 9h ago
The US Federal Reserve is expected to hold interest rates steady on Wednesday, but with surging inflation fuelled by …
Full Story »
SK hynix posts 1,200% net profit boost on AI chip boom
AFP - 10h ago
South Korea's SK hynix said Wednesday second-quarter net profit soared a whopping 1,242 percent year-on-year, driven by …
Full Story »
France needs more Canadair water bombers but building them is painfully slow
AFP - 8h ago
As French firefighters struggle to contain the worst wildfires in living memory with just 12 aerial water bombers, …
Full Story »
Airbus completes record 24-hour flight with plane to be used by Qantas
AFP - 12h ago
A specially modified Airbus A350 plane touched down in France Tuesday after a record 24-hour test flight from Australia, …
Full Story »
Senate advances sweeping Russia sanctions bill
AFP - 7h ago
The US Senate advanced sweeping sanctions legislation targeting Russia's energy revenues Tuesday, as Ukrainian President …
Full Story »
FIFA says it hopes to sell $4.2bn stake in its tournaments
AFP - 12h ago
FIFA said Tuesday it plans to sell a stake in the business operations of the World Cup and its other competitions …
Full Story »
US government bans humanoid robots manufactured abroad
AFP - 10h ago
US President Donald Trump's administration on Tuesday added humanoid and quadruped robots to a list of products and …
Full Story »
US to loosen environmental safeguards on space industry
Jul 28 2026
The United States on Tuesday said it plans to exempt its private space sector from numerous environmental regulations to …
Full Story »
Fires in Europe: latest developments
Jul 28 2026
Here are the main developments related to the wildfires raging in Spain and France on Tuesday.
Full Story »
Spain lets wildfire evacuees return but France fears flames spreading
Jul 28 2026
Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday …
Full Story »
Spain allows wildfire evacuees to return but France fears flames spreading
Jul 28 2026
Spanish residents forced to flee some of the worst wildfires in living memory began returning to their homes on Tuesday, …
Full Story »
AI glasses help propel EssilorLuxottica sales growth
Jul 28 2026
Sales of AI-enabled eyeglasses, which have nearly doubled since last year, helped EssilorLuxottica accelerate …
Full Story »
Kering sales begin to recover as Gucci improves
Jul 28 2026
Improvement at troubled Italian fashion house Gucci helped sales at Kering edge high in the second quarter, the French …
Full Story »
Boeing reports loss on Air Force One but sees progress in turnaround
Jul 28 2026
Boeing pointed Tuesday to broad-based revenue growth as evidence its comeback remains on track even as a $280 million …
Full Story »
Tech stocks tank on AI jitters, oil falls further
Jul 28 2026
A rout in tech stocks on fresh concerns over the AI boom rattled equity markets on Tuesday.
Full Story »
US Fed begins meeting with markets expecting steady interest rates
Jul 28 2026
The US Federal Reserve's key rate-setting committee opened a two-day meeting on Tuesday, with policymakers expected to …
Full Story »
British drugs group GSK targets savings after profits slide
Jul 28 2026
British pharmaceutical giant GSK on Tuesday said it was targeting future annual savings of £1.9 billion ($2.5 billion) …
Full Story »
Mercedes CEO urges German 'productivity offensive' as China woes hit profit
Jul 28 2026
Germany needs to cut costs and boost productivity, Mercedes-Benz boss Ola Kaellenius demanded Tuesday as he presented …
Full Story »
US tariffs refund boosts Philips
Jul 28 2026
Dutch healthcare technology giant Philips bolstered its earnings outlook Tuesday after obtaining 186 million euros ($211 …
Full Story »
Seoul, Tokyo lead fresh tech rout as most of Asia retreats
Jul 28 2026
South Korea's Kospi collapsed almost 11 percent on Tuesday as tech took a battering on another negative day for Asian …
Full Story »
Seoul, Tokyo lead Asian plunge as tech stocks suffer fresh rout
Jul 28 2026
South Korea's Kospi collapsed almost 11 percent on Tuesday as tech took a battering on another black day for Asian stock …
Full Story »
Why are tech stocks tanking?
Jul 28 2026
Investor jitters over how long the artificial intelligence spending boom will last and concern over Chinese competition …
Full Story »
Made by AI? EU tells firms to stick a label on it from Sunday
Jul 28 2026
Deepfakes and other AI-generated content must be labelled from Sunday, as the European Union's sweeping artificial …
Full Story »
IMF boss hails 'much sounder' Argentine economy under Milei
Jul 27 2026
International Monetary Fund managing director Kristalina Georgieva on Monday hailed Argentina's improved economic …
Full Story »
Oil prices slump as US and Iran pause strikes
Jul 27 2026
Oil prices tumbled Monday as the United States and Iran paused tit-for-tat strikes, helping most stock markets climb at …
Full Story »
Renault to face criminal trial in France over dieselgate
Jul 27 2026
Renault will face a criminal trial in France on aggravated fraud charges over accusations that devices in its diesel …
Full Story »
LVMH says growth accelerates in second quarter
Jul 27 2026
LVMH, the world's top luxury group, said Monday that sales growth accelerated in the second quarter as it beat analyst …
Full Story »
German sports carmaker Porsche to cut 5,000 jobs by 2035
Jul 27 2026
German luxury sports carmaker Porsche, a subsidiary of the Volkswagen Group, said Monday it would cut 5,000 jobs by 2035 …
Full Story »
South Africa's Ramaphosa calls for African action on migration
Jul 27 2026
South African President Cyril Ramaphosa called on Monday for African countries to work together to manage migration, as …
Full Story »
AstraZeneca profit rises on strong cancer drug sales
Jul 27 2026
British pharmaceutical giant AstraZeneca on Monday said net profit rose in the second quarter, driven once again by …
Full Story »
Oil prices sink as US and Iran pause strikes
Jul 27 2026
Global stock markets rallied and oil prices tumbled Monday as the United States and Iran paused tit-for-tat strikes, at …
Full Story »
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
Jul 27 2026
Oil prices tumbled on Monday as a pause in tit-for-tat strikes between the United States and Iran boosted hopes for a …
Full Story »
Indonesia bank chief quits, adding uncertainty to struggling economy
Jul 27 2026
Indonesia's central bank governor has resigned early, the government said Monday, deepening uncertainty as the country …
Full Story »
Chinese chipmaker CXMT soars 500% on debut as AI fuels shortages
Jul 27 2026
China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring more than 500 …
Full Story »
Iran halts strikes as Trump gives space to talks
Jul 27 2026
Iran and the United States held their fire Monday, handing Gulf shipping and the oil industry a respite from missile …
Full Story »
Chinese chipmaker CXMT soars more than 500% on debut
Jul 27 2026
China's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its …
Full Story »
New AI tools let readers talk to books
Jul 27 2026
Imagine a world where you could ask a book a question as you read it.
Full Story »
Indonesia central bank chief steps down early: govt
Jul 27 2026
Indonesia's central bank governor has resigned early as the country battles a weakening currency and other economic woes …
Full Story »
Spanish wildfires intrude on holidaying foreign visitors
Jul 26 2026
Being indoors as much as possible was not the plan when Chicago attorney Thomas Fawkes, 49, arrived on holiday in Madrid …
Full Story »
Iran says halts Middle East attacks as US holds fire
Jul 26 2026
Iran said on Sunday it has halted retaliatory attacks against US allies in the Middle East after Washington stopped its …
Full Story »
US holds fire against Iran as reports emerge of stockpile concerns
Jul 26 2026
Iran passed another night without US airstrikes on Sunday, as Washington paused a war nearing its fifth month and …
Full Story »
As Zimbabwe's raw lithium ban pays off, ambitions grow
Jul 26 2026
Zimbabwe's first plant to process clean-energy metal lithium -- of which it is Africa's top producer -- is up and …
Full Story »
Vienna's venerable vineyard taverns forced to move with the times
Jul 26 2026
Hospitality veteran Clemens Keller insists that Vienna's storied "heuriger" winemakers' taverns -- which face a …
Full Story »
US Federal Reserve expected to hold rates steady as inflation swirls
Jul 26 2026
The US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting Tuesday, with markets …
Full Story »
Houthis target Saudi oil as new Middle East front
Jul 25 2026
Yemen's Iran-backed Houthi rebels said they had launched missile and drone salvos against Saudi Arabia's oil facilities …
Full Story »
New York's noisy food carts go electric in clean air trial
Jul 25 2026
Walk around New York and you'll likely hear the chugging of petrol generators powering the city's tens of thousands of …
Full Story »
US panel endorses more unproven if buzzy peptides
Jul 25 2026
A US review panel on Friday recommended loosening restrictions on all but one of a buzzy class of peptides, dismissing …
Full Story »
Paramount agrees to delay Warner Bros. merger
Jul 24 2026
Paramount Skydance agreed on Friday to delay its $110 billion merger with Warner Bros. Discovery while a US lawsuit …
Full Story »
Mixed day for global equities as oil prices retreat
Jul 24 2026
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the …
Full Story »
Trump tariff wall set to stay after Supreme Court blow: analysts
Jul 24 2026
Circumventing the US Supreme Court, President Donald Trump has found a way to resurrect his tariff wall in a fashion …
Full Story »
Canada inaugurates US border bridge after cancelling joint ceremony
Jul 24 2026
Canada quietly inaugurated a border bridge with the United States on its own on Friday, after cancelling a joint …
Full Story »
Trump says EU to pay 'very big price' for Google fine
Jul 24 2026
US President Donald Trump on Friday threatened to hit the European Union with tariffs and a formal trade investigation …
Full Story »
Anthropic bets on cheaper AI with new model
Jul 24 2026
Anthropic on Friday released Claude Opus 5, a new artificial intelligence model the company says approaches the …
Full Story »
Stock markets recover as oil retreats
Jul 24 2026
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the …
Full Story »
Russia-linked refinery exposes Ireland's Ukraine dilemma
Jul 24 2026
Down a country lane on Ireland's west coast, a sign outside Europe's largest alumina refinery greets visitors in …
Full Story »
Iryna Terekh: the trained architect behind Ukraine's deep-strike drones
Jul 24 2026
She tours major international defence shows, negotiates with arms manufacturers and takes part in discussions on …
Full Story »
Autonomous fighter jets target Europe market at Farnborough airshow
Jul 24 2026
As Europe ramps up its rearmament drive, US aerospace giant Boeing is seeking a foothold in the emerging market for …
Full Story »
Wildberries: Russia's Amazon that became a target for Kyiv
Jul 24 2026
Ukraine has hit the warehouses of Russia's largest online retailer Wildberries -- Moscow's equivalent of Amazon -- at …
Full Story »
UN urges evacuation of 6,000 sailors stranded in Hormuz strait
Jul 24 2026
The United Nations on Friday called for the safe evacuation and repatriation of some 6,000 sailors stuck in a "dire …
Full Story »
Oil prices retreat after surge, as stock markets diverge
Jul 24 2026
The main international oil contract Brent North Sea fell back under $100 Friday after surging past the key milestone the …
Full Story »
Volkswagen profits skid on one-off costs, China competition
Jul 24 2026
Volkswagen said Friday that net profit fell by a third in the second quarter as the crisis-hit carmaker -- weighing up …
Full Story »
Stocks suffer fresh blow as markets hit by perfect storm
Jul 24 2026
Asian markets sank Friday to track a selloff on Wall Street as world markets were battered by a perfect storm of the …
Full Story »
US imposes new tariffs on 60 partners as Trump rebuilds trade agenda
Jul 24 2026
A new wave of US tariffs targeting 60 trading partners took effect on Friday, replacing an expiring global duty rolled …
Full Story »
Volkswagen profit plunges as carmaker weighs mass job cuts
Jul 24 2026
Volkswagen said Friday that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to …
Full Story »
Over 80% of Mexican exports exempt from new US tariffs
Jul 24 2026
Over 80 percent of Mexican exports to the United States will be exempt from a new round of tariffs announced by …
Full Story »
US unveils new tariffs on 60 partners as Trump rebuilds trade agenda
Jul 24 2026
The United States said Thursday that it would impose new tariffs on 60 trading partners over forced labor concerns, …
Full Story »
US panel backs trendy peptides despite safety concerns
Jul 24 2026
A US review panel on Thursday recommended loosening restrictions on multiple trendy peptides, endorsing proposals that …
Full Story »
Trump under pressure from all sides over Chinese AI surge
Jul 24 2026
US President Donald Trump is under pressure to respond to the increasing success of Chinese AI models that many …
Full Story »
World Bank confirms plan to phase out China lending by 2031
Jul 23 2026
The World Bank on Thursday confirmed that it plans to phase out its lending to China by 2031, according to the …
Full Story »
Justice Dept withdraws NY Times subpoenas over Trump plane report
Jul 23 2026
The US Justice Department on Thursday withdrew subpoenas issued to New York Times reporters over a story they wrote …
Full Story »
Oil soars above $100 as Middle East fears grow
Jul 23 2026
Oil prices surged past $100 a barrel on Thursday as Iran-backed Houthi rebels targeted Red Sea shipping as threats by US …
Full Story »
New UK PM announces tax cut for struggling pubs
Jul 23 2026
Britain's new prime minister, Andy Burnham, announced a tax cut for struggling pubs, clubs and live music venues on …
Full Story »
Ships avoid Ukrainian grain ports after Russian attacks
Jul 23 2026
Shipping companies have suspended services to Ukraine's Black Sea ports following mounting Russian attacks on the coast, …
Full Story »
US panel says to loosen restrictions on popular peptide despite safety concerns
Jul 23 2026
A US review panel on Thursday recommended loosening restrictions on the much hyped peptide BPC-157, voting that …
Full Story »
Oil passes $100 a barrel again: why it's more serious this time
Jul 23 2026
Brent crude went back over $100 a barrel Thursday for the first time since May, as the conflict in the Middle East …
Full Story »
EU fines Google 890 mn euros, risking US fury
Jul 23 2026
The European Union on Thursday hit Google with fines totaling 890 million euros ($1 billion), in a move that risks …
Full Story »
Airbus, Boeing fly in different directions at Farnborough
Jul 23 2026
Airbus and Boeing presented differing outlooks for their commercial aircraft in coming years, as the aviation sector …
Full Story »
Bab al-Mandeb Strait: another key oil shipping route under threat
Jul 23 2026
Yemen's pro-Iranian Houthi rebels have claimed attacks in the Red Sea on two Saudi oil tankers and say they will …
Full Story »
NATO to overhaul European fuel pipeline network
Jul 23 2026
NATO countries have agreed a 27-billion-euro overhaul of their fuel network to supply forces in Europe in coming …
Full Story »
US trade envoy to make tariff announcement as 10% duty soon expires
Jul 23 2026
The United States is set to make an announcement on tariffs later Thursday, the White House said, hours before President …
Full Story »
Tough day for Ubisoft stock topped with weaker revenues
Jul 23 2026
French video games giant Ubisoft on Thursday reported weaker revenues in the first quarter of its financial year, …
Full Story »
Swelling jet fuel costs hit American Airlines outlook
Jul 23 2026
American Airlines lowered its annual profit outlook Thursday, hitting shares while the carrier pointed to swelling jet …
Full Story »
Nigeria's Dangote raises $2.5bn to expand Africa's largest refinery
Jul 23 2026
Nigeria's Dangote mega-refinery Thursday said it has secured $2.5 billion in investment from private investors to fund …
Full Story »
ECB opens door to September rate-hike as Iran war flares up
Jul 23 2026
The European Central Bank on Thursday kept its key deposit rate unchanged at 2.25 percent but opened the door to a rise …
Full Story »
Oil soars to $100 on fresh Mideast attacks
Jul 23 2026
Oil prices surged to $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red Sea shipping and US President …
Full Story »
Coal-fired power generation rising globally on Mideast war: IEA
Jul 23 2026
Coal-fired power generation is set to increase in 2026, driven by supply difficulties and soaring natural gas prices …
Full Story »
AI-led boom in IPOs raises concerns about a bust
Jul 23 2026
This has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations …
Full Story »
ECB holds rates as Iran war flare-up threatens to drive prices higher
Jul 23 2026
The European Central Bank on Thursday kept its key deposit rate unchanged at 2.25 percent and said it was "closely …
Full Story »
Nestle siphons off bottled water business into joint venture
Jul 23 2026
Swiss giant Nestle said Thursday it will transfer its bottled water brands into a joint venture, two-and-a-half years …
Full Story »
Ford and Geely to form joint venture at struggling Spain plant
Jul 23 2026
US carmaker Ford and China's Geely will create a joint venture at Ford's troubled Valencia plant in eastern Spain, where …
Full Story »
Oil soars close to $100 on fresh Mideast attacks
Jul 23 2026
Main oil contract Brent North Sea surged toward $100 a barrel on Thursday as Tehran-backed Houthi rebels targeted Red …
Full Story »
EasyJet profits nosedive on Mideast war
Jul 23 2026
British airline EasyJet, the target of a multi-billion-pound takeover battle, said Thursday that profits plunged in the …
Full Story »
Nokia says AI, cloud boosted sales in second quarter
Jul 23 2026
Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in …
Full Story »
Tech bounce lifts Asia stocks, oil extends gains on US-Iran fears
Jul 23 2026
Tech firms enjoyed a much-needed bounce on Thursday, helping most Asian stock markets higher amid renewed hopes for the …
Full Story »