Business and Economy



EU lawmakers to vote on unpicking green business rules

AFP - 44m ago

European lawmakers are expected on Thursday to back weakening a set of EU environmental and human rights rules, as part …

Stocks stutter with focus on Fed, tech after US reopen vote

AFP - 1h ago

Asian markets trod water Thursday as euphoria over the end of a record US government shutdown petered, with focus back …

US presses final penny after more than 230 years

AFP - 2h ago

The United States pressed its final circulating penny on Wednesday, in a move made to save money as the one-cent coin …

Brazil tribal chief ready to give Lula a 'talking-to'

AFP - 3h ago

A renowned Brazilian tribal chief was among Indigenous activists on the sidelines of UN climate talks when he said …

World's fossil fuel emissions to hit new record in 2025: study

AFP - 4h ago

Global fossil fuel emissions are set to hit a new high in 2025, according to research published Thursday that also warns …

US jury: Boeing owes $28 mn to family of Ethiopian Airlines crash victim

Nov 12 2025

A US jury in the first civil trial over a fatal Boeing 737 MAX crash determined Wednesday that the aircraft …

Dow ends at record on hopes US government will reopen

Nov 12 2025

Wall Street stocks finished mostly higher Wednesday with the Dow climbing to a fresh record on hopes a US government …

Ukraine ministers resign over major corruption scandals

Nov 12 2025

Ukraine's energy and justice ministers resigned on Wednesday, the government said, over their alleged involvement in a …

Big platforms chart gradual path to self-driving at Web Summit

Nov 12 2025

Major Western ride-hailing platforms like Uber and Lyft sketched a gradual path towards introducing self-driving cars at …

Hopes of US shutdown deal fail to sustain market rally

Nov 12 2025

Stock markets fluctuated Wednesday as optimism that the US government shutdown was nearing an end and another Federal …

Stocks mostly rise on hopes of US shutdown deal, rate cut

Nov 12 2025

World stock markets mostly rose Wednesday on optimism the US government shutdown was nearing an end and on hopes of …

Back on track: Belgian-Dutch firm rescues Berlin to Paris sleeper train

Nov 12 2025

Railway fans devastated by the scrapping of a much-heralded Berlin to Paris night train can breathe again after a …

German experts slam spending plans, cut GDP forecast

Nov 12 2025

Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling …

Bayer beats forecasts but weedkiller woes still weigh

Nov 12 2025

Germany's Bayer said Wednesday it had set aside more money to deal with long-running legal woes related to weedkillers, …

Bayer narrows loss, upbeat on weedkiller legal woes

Nov 12 2025

Germany's Bayer said Wednesday it was confident of "significantly" containing long-running legal woes related to a …

Five things to know about the first G20 held in Africa

Nov 12 2025

Leaders of the world's largest economies meet in Johannesburg on November 22 and 23 for the G20 summit, being held for …

World wine output set for modest 2025 recovery: industry body

Nov 12 2025

Global wine production is on course for a modest recovery in 2025 after suffering a sharp downturn last year, the …

Asian markets rise on hopes over shutdown deal, rate cut

Nov 12 2025

Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a …

Asian markets up on hopes over shutdown deal, rate cut

Nov 12 2025

Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a …

Renewables outpace fossil fuels despite US policy shift: IEA

Nov 12 2025

Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United …

Cambodia's Prince Group denies link to scams after asset seizures

Nov 12 2025

A Cambodian conglomerate whose founder has had more than $15 billion of allegedly ill-gotten assets seized said it …

Bangladesh's liquor industry a surprising success

Nov 12 2025

Syrupy aromas drift across the guarded compound of Bangladesh's only licensed distillery, a state-owned producer posting …

US stocks end mostly higher despite drop in Nvidia

Nov 11 2025

Wall Street stocks mostly rose Tuesday as optimism over a likely end to the US government shutdown offset weakness in …

Google unveils $6.4 bn investment in Germany

Nov 11 2025

Google unveiled its biggest-ever investment in Germany on Tuesday, pledging 5.5 billion euros ($6.4 billion) for a new …

UK court jails Chinese bitcoin fraudster for over 11 years

Nov 11 2025

A Chinese woman who masterminded a multibillion-dollar bitcoin scam and evaded authorities for years was sentenced to 11 …

Stocks mixed as tech titans struggle

Nov 11 2025

Global stocks turned in a mixed performance on Tuesday as tech shares struggled and a rally on optimism over a deal to …

Fanfare as Guinea launches enormous Simandou iron ore mine

Nov 11 2025

Authorities in Guinea on Tuesday officially launched production at Simandou, a gigantic mining project that they hope …

Stocks mixed as end to US shutdown appears closer

Nov 11 2025

Global stocks turned in a mixed performance on Tuesday as a record-long US government shutdown took a step nearer to …

German court rules against OpenAI in copyright case

Nov 11 2025

A German court ruled Tuesday that OpenAI has infringed copyright law by using song lyrics to feed its chat models in a …

Stocks mostly rise as end to US shutdown appears closer

Nov 11 2025

Europe's main stock markets climbed Tuesday following a largely tepid performance by Asia's top indices as a record-long …

'Splinternets' threat to be avoided, says web address controller

Nov 11 2025

The risk of the internet fragmenting into national "splinternets" will likely be averted in a UN vote next month, the …

Asian stocks wobble as US shutdown rally loses steam

Nov 11 2025

Asian markets struggled to maintain early momentum Tuesday as a rally fuelled by hopes for an end to the US government …

UK unemployment jumps to 5% before key govt budget

Nov 11 2025

Britain's unemployment rate rose more than expected to five percent in the third quarter, the highest level since early …

AI stock boom delivers bumper quarter for Japan's SoftBank

Nov 11 2025

Japan's SoftBank Group reported Tuesday that net profit more than doubled in the second quarter thanks to a boom in …

Asian stocks struggle as US shutdown rally loses steam

Nov 11 2025

Most Asian markets fell Tuesday as a rally fuelled by hopes for an end to the US government shutdown ran out of steam.

Burger King to enter China joint venture, plans to double stores

Nov 11 2025

US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, …

'Demon Slayer' helps Sony hike profit forecasts

Nov 11 2025

Shares in Japanese giant Sony jumped more than five percent Tuesday after it hiked full-year profit forecasts thanks to …

Sony hikes profit forecasts on strong gaming, anime sales

Nov 11 2025

Japanese giant Sony hiked its full-year revenue and profit forecasts Tuesday on the back of the huge global success of …

Trump threatens air traffic controllers over shutdown absences

Nov 11 2025

An additional 2,300 US flights were cancelled Monday as President Donald Trump threatened to dock pay for air traffic …

'Western tech dominance fading' at Lisbon's Web Summit

Nov 11 2025

Global tech leaders will pack Lisbon's annual Web Summit from Tuesday to talk Artificial Intelligence, robots and …

Asian stocks rise as record US shutdown nears end

Nov 11 2025

Most Asian markets rose for the second day in a row Tuesday as US lawmakers edged towards ending a record government …

Concentration of corporate power a 'huge' concern: UN rights chief

Nov 11 2025

A few tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights …

AI agents open door to new hacking threats

Nov 11 2025

Cybersecurity experts are warning that artificial intelligence agents, widely considered the next frontier in the …

Ukraine, China's critical mineral dominance, on agenda as G7 meets

Nov 11 2025

G7 foreign ministers gather in Canada Tuesday for meetings expected to focus on Ukraine and find consensus on a path …

'Netflix House' marks streaming giant's first theme park

Nov 10 2025

After years of temporary pop-up events, streaming giant Netflix will make its first foray into the theme park space this …

Exiting Buffett plans to hold on to Berkshire stock for now

Nov 10 2025

Warren Buffett on Monday confirmed plans to step down as Berkshire Hathaway CEO at year's end, but said he will keep a …

Stocks rally on hopes of US government shutdown ending

Nov 10 2025

Stock markets charged higher Monday as investors cheered prospects that the US government shutdown could be nearing an …

Stocks rally on hopes US government shutdown to end

Nov 10 2025

Stock markets charged higher Monday as investors cheered prospects that the US government shutdown could be nearing an …

Stocks rally on hopes for end to US government shutdown

Nov 10 2025

Stock markets posted strong gains Monday as investors cheered prospects that the US government shutdown could be nearing …

Bank of England seeks to 'build trust' in stablecoins

Nov 10 2025

The Bank of England said Monday it aims to "build trust" in stablecoins in the UK, which would be pegged to the pound …

China suspends 'special port fees' on US vessels for one year

Nov 10 2025

China said on Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's …

Stocks rally as hopes rise for end to US shutdown

Nov 10 2025

European and Asian stock markets rallied Monday as investors cheered prospects that the US government shutdown could be …

China suspends 'special port fees' on US vessels

Nov 10 2025

China said Monday it would suspend for one year "special port fees" on US vessels "simultaneously" with Washington's …

Guinness maker Diageo picks new CEO after US tariffs cloud

Nov 10 2025

Diageo, the maker of Guinness beer and Smirnoff vodka, announced Monday a new chief executive as it seeks to improve …

Markets boosted by hopes for deal to end US shutdown

Nov 10 2025

Equities rallied Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers …

From Club Med to Beverly Hills: Assinie, the Ivorian Riviera

Nov 10 2025

Locals in Assinie reminisce about the old days when the now-shuttered Club Med in southeastern Ivory Coast provided jobs …

China lifts sanctions on US units of South Korea ship giant Hanwha

Nov 10 2025

China said Monday it would suspend sanctions against US subsidiaries of Hanwha Ocean, one of South Korea's largest …

Big lips and botox: In Trump's world, fashion and makeup get political

Nov 10 2025

Long, blond, wavy hair, heavy makeup and cosmetic injections: like many women in Donald Trump's orbit, political …

Tanzania Maasai fear VW 'greenwashing' carbon credit scheme

Nov 10 2025

Namnyak, a Maasai herder in north Tanzania, fears a carbon credit scheme linked to Volkswagen -- dismissed by NGOs as …

The AI revolution has a power problem

Nov 10 2025

In the race for AI dominance, American tech giants have the money and the chips, but their ambitions have hit a new …

Bezos's Blue Origin postpones rocket launch over weather

Nov 10 2025

Blue Origin, the space company owned by billionaire Jeff Bezos, was forced Sunday to postpone the anticipated launch of …

BBC chief resigns after row over Trump documentary

Nov 09 2025

The director general of the BBC announced his resignation Sunday following a row over the editing of a documentary about …

US grounds MD-11 cargo planes after deadly crash

Nov 09 2025

The US civil aviation regulator ordered Saturday that all MD-11 cargo planes remain grounded for inspections, after one …

UPS, FedEx ground MD-11 cargo planes after deadly crash

Nov 08 2025

Freight carriers UPS and FedEx said they have grounded their fleets of MD-11 cargo planes, after one of them was …

UPS grounds its MD-11 cargo planes after deadly crash

Nov 08 2025

UPS said Friday that it had grounded its fleet of MD-11 cargo planes, after one of them was involved in a deadly crash …

France moves to suspend Shein website as first store opens in Paris

Nov 07 2025

Shein opened its first physical store worldwide in Paris under the eye of riot police, as the French government said it …

Shein vows to cooperate with France in probe over childlike sex dolls

Nov 07 2025

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over …

Shein bans sex dolls after France outrage over 'childlike' ones

Nov 07 2025

Asian e-commerce giant Shein said Monday it was banning sex dolls from sale on its sites globally after French …

Worries over AI spending, US government shutdown pressure stocks

Nov 07 2025

Stock markets mostly retreated Friday as the prolonged US government shutdown dragged on investor sentiment, along with …

At COP30, nations target the jet set with luxury flight tax

Nov 07 2025

France, Spain and Kenya are among a group of countries spearheading a drive at the COP30 climate summit for a new tax on …

Nexperia chip exports resuming: German auto supplier

Nov 07 2025

A leading German auto supplier said Friday that it had received permission to export Nexperia chips from China again as …

Will 'war profiteer' Norway come to Ukraine's financial rescue?

Nov 07 2025

Norway has grown vastly richer after overtaking Russia as Europe's main gas supplier following the invasion of Ukraine, …

Tech selloff drags stocks down on AI bubble fears

Nov 07 2025

Stock markets tumbled Friday as fears of an AI bubble deepened a tech selloff, with investors also rattled by weak …

Greece woos US energy deals, as eco groups cry foul

Nov 07 2025

Greece on Friday hailed as "historic" a deal with US energy giant ExxonMobil that could see the country's first offshore …

Brazil welcomes China lift of ban on poultry imports

Nov 07 2025

Brazil, the world's biggest exporter of chicken meat, on Friday welcomed China's move to lift a ban on imports of the …

Stocks fall on renewed AI bubble fears

Nov 07 2025

Stock markets fell Friday on renewed fears of an AI bubble, a weak US job market and a prolonged US government shutdown.

Serbia fast-tracks army HQ demolition for Trump family hotel

Nov 07 2025

Serbia's parliament on Friday moved to fast-track the demolition of the bombed-out Yugoslav Army headquarters in central …

Inside Germany's rare earth treasure chest

Nov 07 2025

In a World War II bunker east of Frankfurt, a steel door weighing over four tonnes protects Germany's largest reserve of …

Ikea profits drop on lower prices, tariff costs

Nov 07 2025

The world's leading furniture company, Ikea, reported a sharp fall in annual profits on Friday as it focused on dropping …

European, Asian stocks decline after Wall Street slide

Nov 07 2025

European and Asian stock markets retreated Friday after a slide on Wall Street following weak US jobs data and signals …

Markets drop as valuations and US jobs, rates spook investors

Nov 07 2025

Stocks on Friday tracked Wall Street losses propelled by investors weighing weak US jobs data against signals the …

Chinese microdrama creators turn to AI despite job loss concerns

Nov 07 2025

Ultra-short video series "Strange Mirror of Mountains and Seas" is filled with dragon-like monsters, handsome …

US facing travel chaos as flights cut due to govt shutdown

Nov 07 2025

Travelers across the United States were left scrambling to rebook flights as the government shutdown heaps pressure on …

Trump unveils deals to lower costs of some weight-loss drugs

Nov 07 2025

US President Donald Trump announced deals Thursday with pharmaceutical giants Eli Lilly and Novo Nordisk to lower the …

'Grand Theft Auto VI' video game delayed again until Nov. 2026

Nov 06 2025

The newest installment to the blockbuster "Grand Theft Auto" video game franchise has been delayed again, this time …

Stocks slide as investors weigh data, interest rate cuts

Nov 06 2025

US and European stocks slumped Thursday as investors weighed another wave of corporate results, economic data and the …

France urges EU to sanction Shein platform

Nov 06 2025

France has urged the European Union to take measures against Asian e-commerce giant Shein, two ministers said Thursday, …

Rally outside Rockstar against GTA studio's 'union busting'

Nov 06 2025

Dozens of people protested Thursday outside Rockstar Games' offices in Edinburgh, accusing the multi-billion dollar …

US judge drops criminal charges against Boeing over 737 MAX 8 crashes

Nov 06 2025

A US judge dropped criminal charges against Boeing on Thursday over deadly crashes of its 737 MAX 8 aircraft as part of …

Crypto giant Coinbase fined in Ireland for rule breaches

Nov 06 2025

Ireland's central bank imposed a fine of 21.5 million euros ($24.7 million) Thursday on crypto giant Coinbase over …

German steel industry girds for uncertain future

Nov 06 2025

Hammered by surging energy costs and a flood of cut-price Chinese imports, Germany's steel industry has been mired in …

Stocks slip as investors weigh earnings, tariffs

Nov 06 2025

US and European stocks sputtered Thursday as investors weighed another wave of corporate results, interest rates, the US …

Police say 19 held after raid at Swedish start-up Stegra to be deported

Nov 06 2025

Police said Thursday that 19 people they caught working illegally during a raid at the Swedish start-up Stegra's steel …

Teetering Belgian government given more time to agree budget

Nov 06 2025

Belgian Prime Minister Bart De Wever gave his deadlocked ruling coalition more time to agree a cost-cutting budget on …

Merz backs EU plan to protect steel sector from Chinese imports

Nov 06 2025

Germany supports proposals by the EU to increase tariffs on foreign steel as the bloc struggles with cheap imports, …

Bank of England leaves rate unchanged before UK budget

Nov 06 2025

The Bank of England kept its key interest rate at 4.0 percent Thursday, opting against a cut before the UK government's …

Battered US businesses eye improved China trade at Shanghai expo

Nov 06 2025

Plying everything from handbags to salt in a cavernous Shanghai exhibition hall, US exporters hit by the trade war with …

Drugmaker AstraZeneca profit jumps as US business grows

Nov 06 2025

British pharmaceutical giant AstraZeneca announced surging quarterly profit Thursday on strong sales of cancer drugs and …

European stocks fall after gains in Asia, US

Nov 06 2025

European stock markets dropped Thursday following gains in Asia and on Wall Street as traders reacted to positive US …

US to cancel flights as longest govt shutdown drags on

Nov 06 2025

US officials said the scheduled capacity for flights would be cut by 10 percent in 40 busy air traffic areas nationwide …

Asian markets bounce from selloff as US jobs beat forecasts

Nov 06 2025

Asian markets rose on Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on …

Budget impasse threatens Belgium's ruling coalition

Nov 06 2025

Belgium's Prime Minister Bart De Wever looked Thursday to pile pressure on his deadlocked government partners to agree …