Business and Economy



AI firms flex lobbying muscle on both side of Atlantic

AFP - 9h ago

AI developers are ramping up efforts to win over the hearts and minds of officials in Europe and the United States, …

US envoys heading to Pakistan for uncertain Iran talks

AFP - 1h ago

US envoys headed to the Pakistani capital Saturday in a bid to kickstart a new round of peace negotiations with Iran …

Billionaire Elon Musk enters courtroom showdown with OpenAI

AFP - 11h ago

Jury selection is to begin Monday in a high-profile legal battle between billionaire Elon Musk and artificial …

Under blackout threat, Wikimedia reaches compromise with Indonesia

AFP - 11h ago

The Wikimedia Foundation said Saturday it has found a compromise with the Indonesian government, which had threatened to …

US hopes for progress, but Iran says not direct talks

Apr 24 2026

Iran's foreign minister arrived in Islamabad on Friday and US envoys headed to the Pakistani capital in a bid to …

S&P 500, Nasdaq end at records as Intel shares surge

Apr 24 2026

Major Wall Street indices closed at fresh records as markets cheered the latest batch of earnings reports and US and …

EU, US sign critical minerals plan to counter China reliance

Apr 24 2026

The European Union and United States signed an agreement Friday to coordinate on the supply of critical minerals needed …

Court removes US businessman from managing his Brazilian football team

Apr 24 2026

An arbitration court in Brazil has removed US businessman John Textor from managing Botafogo football team, which he …

EU trade chief seeks 'positive traction' on US steel tariffs

Apr 24 2026

The EU is seeking more progress in easing the effects of US steel tariffs, its trade chief Maros Sefcovic said Friday, …

Anthropic says Google to pump $40 bn into AI startup

Apr 24 2026

Google is planning to invest up to $40 billion in Anthropic, the artificial intelligence firm confirmed Friday, …

Envoys from Iran, US expected in Pakistan for new talks

Apr 24 2026

Iran's foreign minister and envoys of US President Donald Trump were heading to Pakistan, their respective governments …

Justice Dept ends criminal probe into US Fed chair Powell

Apr 24 2026

The US Justice Department said Friday it is dropping a criminal probe on Federal Reserve Chair Jerome Powell, paving the …

AI united Altman and Musk, then drove them apart

Apr 24 2026

Elon Musk and Sam Altman bonded over artificial intelligence in a project that became OpenAI, but a clash of visions …

Havana property market stirs as investors bet on political change

Apr 24 2026

Havana's real estate market is showing glimmers of revival as investors bet that a political and economic revolution is …

Battle lines drawn over EU's next big budget

Apr 24 2026

EU leaders had their swords already drawn when they plunged into intense discussions Friday over the 27-country bloc's …

Renewed hopes of Iran peace talks keep oil under $100 per barrel

Apr 24 2026

Oil prices fell on Friday after it appeared a second round of Middle East talks was back on, bolstering prospects for an …

Lebanon truce extended as Pakistan bids to revive US-Iran talks

Apr 24 2026

Israel and Lebanon extended their shaky ceasefire by three weeks on Friday, as Iran's foreign minister prepared for …

Oil prices fall on hopes of fresh Iran peace talks

Apr 24 2026

Oil prices fell on Friday after it appeared a second round of Middle East talks was back on, bolstering prospects for an …

Ryanair says to cut Berlin flights, blaming taxes

Apr 24 2026

Budget airline Ryanair said Friday that it would reduce flights to and from Berlin starting in October and relocate …

From sun to subsoil, how countries are moving away from fossil fuels

Apr 24 2026

Heating with geothermal energy, lighting with solar panels, cooking with biodegradable waste: how can we live with less …

Porsche exits sports car maker Bugatti Rimac

Apr 24 2026

German carmaker Porsche announced on Friday the sale of its stakes in sports car manufacturer Bugatti Rimac to a …

Israel, Lebanon extend ceasefire as Iran peace talks stall

Apr 24 2026

Israel and Lebanon extended their shaky ceasefire by three weeks on Friday, President Donald Trump said, as the United …

Oil extends gains, stocks drop as peace talk hopes fade

Apr 24 2026

Oil prices extended gains Friday and stock markets largely declined as investors worried about a lack of progress in …

Chinese EVs, flying cars take centre stage at world's biggest auto show

Apr 24 2026

Thousands squeezed into the world's biggest car show Friday, snapping selfies beside Chinese electric vehicles as …

Macron says still sees France, Germany developing European fighter jet

Apr 24 2026

French President Emmanuel Macron denied Friday that a troubled fighter jet programme with Germany was dead, telling …

Tesla starts 'robotaxi' production: Musk

Apr 24 2026

Tesla's much-touted autonomous "robotaxi", called the Cybercab, has started production, CEO Elon Musk said on Friday, …

Mideast war drives up condom, rubber glove prices: manufacturers

Apr 24 2026

Prices of rubber products have shot up due to supply chain disruptions stemming from the Middle East war, the world's …

Gulf states in limbo as US-Iran crisis drags on

Apr 24 2026

After weathering unprecedented attacks from Iran, the wealthy Gulf states are now stuck between war and peace as talks …

Musk says Tesla has started 'robotaxi' production

Apr 24 2026

Tesla's much-touted autonomous "robotaxi", called the Cybercab, has started production, CEO Elon Musk said on Friday, …

Five things to know about Chinese AI startup DeepSeek

Apr 24 2026

As DeepSeek releases its first major new artificial intelligence model in over a year -- DeepSeek-V4 -- here are five …

China's DeepSeek releases long-awaited new AI model

Apr 24 2026

Chinese startup DeepSeek released a new artificial intelligence model with "drastically reduced" costs Friday, more than …

Oil extends gains, stocks sink as peace talk hopes fade

Apr 24 2026

Oil prices extended gains Friday and stocks struggled as investors worried about a lack of progress in ending the Middle …

Chinese EV makers take centre stage at world's biggest auto show

Apr 24 2026

Thousands snapped selfies beside sleek Chinese electric vehicles on Friday at the world's biggest car show in Beijing, …

China's top AI players

Apr 24 2026

China's artificial intelligence boom is in full swing, with the release of a new large language model (LLM) by top …

Possible Trump rescue of Spirit Airlines spurs debate

Apr 24 2026

Bargain US carrier Spirit Airlines, which filed for bankruptcy in 2025 for the second time in a year, could be spared by …

China's DeepSeek says releases long-awaited new AI model

Apr 24 2026

Chinese startup DeepSeek released a new artificial intelligence model with "drastically reduced" costs Friday, more than …

US soldier allegedly bet on Maduro operation using intel

Apr 24 2026

A US soldier faces charges for using classified information to bet on online prediction markets related to the US …

'Stigmatized' or 'sustainable'? Vintage sales boost sees fur return

Apr 24 2026

Laura Jacobs thought she'd never wear animal fur, having witnessed years of protests over its use in clothing -- until …

YouTube offers deepfake detection to Hollywood

Apr 24 2026

YouTube is offering Hollywood celebrities and entertainers a free detection tool to help combat their deepfakes, …

Chinese EVs geared up to dominate world's biggest auto show

Apr 24 2026

The world's biggest car show opens Friday in Beijing, with hundreds of thousands of auto fans expected to descend on the …

Intel earnings signal recovery at US chip maker

Apr 23 2026

Shares in Intel soared on Thursday after it smashed quarterly earnings expectations in what could be a sign that the US …

Meta plans 10% layoffs as AI spending soars: source

Apr 23 2026

Meta plans to cut a tenth of its workforce, looking for productivity gains from its remaining workers as it invests …

Trump says US in no rush but 'clock is ticking' for Iran

Apr 23 2026

President Donald Trump said Thursday the United States is in no rush to end the war with Iran but "the clock is ticking" …

Stocks mostly fall as US-Iran peace talks stall and oil prices rise

Apr 23 2026

Global stocks mostly fell Thursday, retreating after recent gains as investors tempered their enthusiasm for a quick end …

Canada not as reliant on US economy as some think: Carney

Apr 23 2026

There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark …

Stocks waver, oil up as US-Iran peace talks stall

Apr 23 2026

Stock prices were broadly lower Thursday, retreating after recent gains as investors tempered their enthusiasm for a …

Warner Bros. Discovery shareholders back sale to Paramount Skydance

Apr 23 2026

Warner Bros. Discovery on Thursday said shareholders approved its sale to Paramount Skydance, giving a green light to a …

Portugal picks Air France-KLM and Lufthansa to make offers for TAP

Apr 23 2026

Portugal on Thursday asked Air France-KLM and Germany's Lufthansa to make binding offers to buy a controlling stake in …

Africa faces 86 mn tonne fuel shortfall by 2040: report

Apr 23 2026

The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel …

Stocks retreat as US-Iran peace talks stall

Apr 23 2026

Stock prices fell across the board Thursday from their recent highs as investors tempered enthusiasm for a quick end to …

Amsterdam airport offers airline discounts over fuel costs

Apr 23 2026

Amsterdam's Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the …

LVMH's Arnault says to talk of retirement in '7-8 years'

Apr 23 2026

Bernard Arnault, chief executive of the world's biggest luxury conglomerate LVMH, brushed off speculation of his …

Nestle sales slump under strong franc but volumes recover

Apr 23 2026

Nestle, the food giant whose brands include Nespresso coffee and Perrier water, saw first-quarter sales figures slump …

Oil prices jump, stocks retreat as US-Iran peace talks stall

Apr 23 2026

Oil prices and the dollar jumped Thursday while most equity markets slid as the United States and Iran appeared no …

Lufthansa loses fight over bailout at EU top court

Apr 23 2026

German airline giant Lufthansa Thursday lost a legal battle over a six-billion-euro ($7-billion) pandemic-era government …

Africa faces 86 mn tonne fuel shortfall by 2040: AFC

Apr 23 2026

The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for a 86 million tonne fuel shortfall …

Iran economy looks set to withstand US naval blockade

Apr 23 2026

A US naval blockade of Iranian ports is likely to squeeze Iran's oil output in the coming weeks but claims it will throw …

EssilorLuxottica sales slide as investors turn wary of AI glasses

Apr 23 2026

Shares in EssilorLuxottica, the world's top maker of eyeglasses, slid on Thursday as analysts said investors have turned …

Eurozone business activity falls on Mideast war

Apr 23 2026

Business activity in the eurozone contracted for the first time in 16 months in April, as the war in the Middle East …

Electric vehicles supercharge EU car sales

Apr 23 2026

Sales of new cars jumped last month in the European Union as consumers turned to electric vehicles as petrol prices …

Stocks sink and oil rises with Iran, US no closer to peace talks

Apr 23 2026

Equities fell and oil prices rose Thursday as the United States and Iran appeared no closer to holding fresh peace talks …

South Korea e-commerce probe opens rift in US ties

Apr 23 2026

South Korea pushed back on Thursday against criticism of its business environment by US lawmakers, as a rare spat …

South Korea's Samsung workers rally in thousands as strike looms

Apr 23 2026

Tens of thousands of Samsung Electronics workers rallied in South Korea on Thursday to demand higher pay and bonuses, as …

France must avoid becoming 'hostage' on critical minerals: trade minister

Apr 23 2026

France and "like-minded countries" must work together to avoid becoming "hostages" on critical minerals used in …

Chip giant SK hynix posts record quarterly profit on AI boom

Apr 23 2026

Chip giant SK hynix said Thursday that net profit soared almost 400 percent to a record high in the first quarter thanks …

Sellers in China trade hub seek tariff reprieve from Trump visit

Apr 23 2026

Labourers sweated as they wheeled bags of clothes, shoes and accessories to a sprawling wholesale market in southern …

Top Peru ministers quit in protest over stalled US fighter jet deal

Apr 23 2026

Peru's foreign and defense ministers resigned on Wednesday in protest over the interim president's decision to stall a …

Tesla reports higher profits, confirms hefty spending ahead

Apr 22 2026

Tesla reported higher first-quarter profits Wednesday, topping expectations as it confirmed plans for massive additional …

War in the Middle East: latest developments

Apr 22 2026

The latest developments in the Middle East war:

Tesla reports higher profits, topping estimates 

Apr 22 2026

Tesla reported higher first-quarter profits Wednesday, pointing to recovering demand in North America as it pursues …

US stocks rise, shrugging off uncertain ceasefire prospects while oil prices jump

Apr 22 2026

Oil prices climbed Wednesday while stocks were mixed as Iranian officials refused to reopen the Strait of Hormuz after …

US doesn't dictate terms of trade talks: Carney

Apr 22 2026

The United States does not get to dictate the terms of upcoming trade talks, Canadian Prime Minister Mark Carney said …

Three ships targeted in Hormuz, Iran seizes two: monitors, Guards

Apr 22 2026

Iranian forces targeted three container ships on Wednesday, seizing two, global security monitors and the country's …

Mideast war weighs on parent of Durex condoms

Apr 22 2026

Reckitt Benckiser, the British supplier of health and hygiene products including Durex condoms, said Wednesday that …

Shifting goals blur picture of US blockade on Iran

Apr 22 2026

The United States has vowed to blockade Iran's ships until the country makes a deal to end their war. But is the …

Just a little late: Frankfurt celebrates new airport terminal

Apr 22 2026

Frankfurt airport opened a new terminal on Wednesday, just a few years late and a billion euros over budget, with …

US Treasury chief defends pivot to extend Russia oil sanctions relief

Apr 22 2026

US Treasury Secretary Scott Bessent on Wednesday defended the Trump administration's recent about-face to temporarily …

Germany halves 2026 growth forecast on Iran war fallout

Apr 22 2026

The German government Wednesday halved its 2026 growth forecast due to the Middle East war energy shock, while vowing to …

South Africa coal delay could cause 32,000 deaths, report says

Apr 22 2026

South Africa risks thousands of premature deaths if the phase-out of coal plants is delayed due to the government's …

Russia says will halt flow of Kazakh oil to Germany

Apr 22 2026

Russia confirmed Wednesday it will halt the pipeline flow of Kazakh oil to Germany next month, citing technical reasons, …

Thousands of London commuters walk to work in underground strike

Apr 22 2026

Workers streamed into the British capital by foot, bike and bus Wednesday as strike action on the London Underground …

Boeing reports narrowing loss, points to progress on turnaround

Apr 22 2026

Boeing reported a small quarterly loss Wednesday following an uptick in commercial plane deliveries as the aerospace …

Oil up, stocks mixed on uncertain prospects for US-Iran ceasefire

Apr 22 2026

Oil prices edged higher Wednesday while stocks were mixed after US President Donald Trump announced the extension of a …

Vietnam, South Korea sign deals on tech, nuclear power

Apr 22 2026

Vietnam's top leader To Lam hosted South Korean President Lee Jae Myung in Hanoi on Wednesday, announcing a dozen …

Chinese EVs look to sideline foreign brands at Beijing auto show

Apr 22 2026

The world's biggest auto show opens in Beijing on Friday, as Chinese manufacturers solidify their status as industry …

Russia to block flow of Kazakh oil to German refinery, Berlin says

Apr 22 2026

Germany has learned that Russia plans to halt the flow of Kazakh oil through the Druzhba pipeline to a refinery in …

Iran says seized two ships seeking to cross Strait of Hormuz

Apr 22 2026

Iran's Revolutionary Guards said Wednesday their naval forces had seized two container ships seeking to cross the …

Oil prices rise despite US-Iran ceasefire extension

Apr 22 2026

Oil prices edged higher Wednesday while Europe's main stock markets eased on uncertainty surrounding the prospect of …

Ships attacked in Gulf as Trump extends Iran ceasefire

Apr 22 2026

Iranian gunboats attacked at least one container ship in the Strait of Hormuz on Wednesday, maritime agencies said, …

Germany set to slash growth forecast due to Mideast war

Apr 22 2026

The German government on Wednesday is expected to cut its growth forecast for this year as the energy shock triggered by …

Oil falls, stocks mixed as traders weigh outlook after Trump extends truce

Apr 22 2026

Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald …

UK inflation jumps as Mideast war propels energy prices

Apr 22 2026

Britain's annual inflation rate jumped to 3.3 percent in March as the Middle East war sent oil and gas prices surging, …

Oil, stocks mixed as traders weigh outlook after Trump extends truce

Apr 22 2026

Oil prices fell and stocks were mixed Wednesday as investors assess the chances of US-Iran peace talks after Donald …

Anthropic probes unauthorized access to Mythos AI model

Apr 22 2026

American AI developer Anthropic said Tuesday it was investigating unauthorized access to Mythos, its powerful model …

Chinese carmakers aim to build up presence in Europe

Apr 22 2026

Chinese carmakers have quickly built up their presence in the lucrative European auto market, buoyed by technological …

Young Chinese use AI to launch one-person firms over job anxiety

Apr 22 2026

Young Chinese, many who fear age discrimination in their workplace after turning 35, are increasingly starting …

Delicate extraction: Malaysia offers rare earths alternative to China

Apr 22 2026

Workers load tonnes of rare earth minerals into bags ready for shipping at a refinery in eastern Malaysia, fuelling the …

Oil, stocks fall as traders weigh outlook after Trump extends truce

Apr 22 2026

Oil prices fell along with stocks Wednesday as investors assess the chances of US-Iran peace talks after Donald Trump …

AI-powered robots offer new hope to German factories

Apr 22 2026

A blue-eyed humanoid robot carefully opens a box and places a tool inside as a crowd of visitors watch the demonstration …

Indonesia orangutan forest cleared for 'carbon-neutral' packaging firm

Apr 22 2026

Vast tracts of Indonesian rainforest home to endangered orangutans have been cleared for plantations supplying a maker …

Questions about Tesla spending binge ahead of earnings

Apr 22 2026

Questions about Tesla's progress towards achieving fully autonomous driving at scale are expected to figure prominently …

SpaceX partners with AI startup Cursor, may buy it for $60 bn

Apr 22 2026

SpaceX on Tuesday announced a partnership with AI coding company Cursor and said the alliance comes with an option to …