Business and Economy



Stocks rally on optimism over Iran war ceasefire, oil extends gains

AFP - 3h ago

Stocks rose Friday with investors still optimistic about the shaky ceasefire in the US-Iran war ahead of planned weekend …

IMF to cut global growth forecast due to Mideast war

AFP - 3h ago

The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, …

New Jersey city spurns data center as defiance spreads

AFP - 4h ago

Residents of a New Jersey city mobilized within days to kill a planned data center -- and now activists nationwide want …

After oil, Venezuela opens up mining to private investors

Apr 09 2026

Venezuela on Thursday threw open the country's vast mineral reserves to private investment, less than three months after …

US stocks extend gains, shrugging off ceasefire worries

Apr 09 2026

Wall Street stocks finished higher Thursday after a shaky start, adopting an optimistic view of the Middle East …

IMF chief urges nations to 'do no harm' in fiscal response to Iran war

Apr 09 2026

The International Monetary Fund's chief urged governments on Thursday to "do no harm" as they face the massive economic …

Shipping toll for Hormuz passage sharply divides nations

Apr 09 2026

Iran's imposition of a toll for ships to pass through the Strait of Hormuz looks set to be a key point of contention at …

Strait of Hormuz traffic remains becalmed despite ceasefire

Apr 09 2026

Just 10 vessels have passed through Strait of Hormuz since the Middle East war ceasefire took effect, according to …

American Airlines targets April 30 return to Venezuela

Apr 09 2026

American Airlines said Thursday it will restore service to Venezuela as soon as April 30, making it the first US airline …

Middle East war: global economic fallout

Apr 09 2026

Here are the latest economic events in the Middle East war:

Oil prices jump back toward $100 on Mideast ceasefire doubts

Apr 09 2026

Oil prices jumped and most stock markets fell Thursday as investors weighed the prospects of a shaky Middle East …

US envoy warns EU won't win AI race 'bringing others down'

Apr 09 2026

The European Union will not be able to compete in the global artificial intelligence race by hurting companies in other …

IMF expects to provide vulnerable economies hit by Iran war up to $50 bn

Apr 09 2026

The International Monetary Fund expects to have to provide up to $50 billion in immediate financial assistance to …

EU lawmakers want to tax Big Tech to fund budget

Apr 09 2026

EU lawmakers on Thursday demanded a European Union-wide tax on the world's biggest tech companies and online gambling …

Oil prices jump, stocks drop on Mideast ceasefire doubts

Apr 09 2026

Oil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and …

Despite Middle East truce, airlines fear long-term disruptions

Apr 09 2026

Buffeted by six weeks of war in the Middle East, airlines have scrambled to trim routes and costs as fuel bills explode …

Crude rises, stocks fall on fears over nascent Iran ceasefire

Apr 09 2026

Oil prices climbed and most stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to …

Ukraine lets firms deploy air defences against Russian attacks

Apr 09 2026

Facing daily barrages of Russian drones and missiles, Ukraine has invited private companies to get their own air-defence …

Waiting for DeepSeek: new model to test China's AI ambitions

Apr 09 2026

For weeks now, the global tech industry has been waiting for a major artificial intelligence launch from DeepSeek, seen …

War in the Middle East: latest developments

Apr 09 2026

The latest developments in the Middle East war:

Oil prices plunge, stocks surge on US-Iran ceasefire

Apr 08 2026

Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran …

Suspect remains silent in Swiss bar fire probe

Apr 08 2026

A former fire safety official in the Swiss ski resort of Crans-Montana remained silent when questioned Wednesday by …

Argentine MPs to debate watered-down glaciers protection

Apr 08 2026

Argentine MPs on Wednesday were set to begin debating a bill promoted by President Javier Milei which authorizes mining …

Dilemma over crossings as fate of Hormuz ships remains uncertain

Apr 08 2026

Only three ships risked crossing the Strait of Hormuz Wednesday, highlighting the extreme caution about using the key …

France unveils rearmament boost to face Russia threat

Apr 08 2026

France is to ramp up explosive drone stocks by up to 400 percent by 2030, draft legislation showed Wednesday, as the …

Iran truce spurs hopes for world economy, but recovery will be rocky

Apr 08 2026

The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled …

Researchers unmask trade in nude images on Telegram

Apr 08 2026

Tens of thousands of intimate images of women have been traded without the subjects' consent in Telegram groups and …

Nigeria sweats in heatwave as Iran war drives up costs to stay cool

Apr 08 2026

Azeez Akanni hopped on a yellow bus heading for the central business district on Lagos Island, beads of sweat rolling …

Crude prices plunge, stocks surge as US and Iran agree ceasefire

Apr 08 2026

Oil prices plunged Wednesday while stocks soared after the United States and Iran agreed to a two-week ceasefire that …

German factory orders rise in February but energy shock looms

Apr 08 2026

German industrial orders rebounded in February due to strong overseas demand, data showed Wednesday, but officials …

Jet fuel supplies to take 'months' to recover from war disruption: IATA

Apr 08 2026

It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the …

Vietnam's To Lam bets big on building blitz

Apr 08 2026

The world's largest stadium, Southeast Asia's biggest exhibition hall and hundreds of major road, aviation and energy …

Both sides claim victory after US, Iran agree to 11th-hour truce

Apr 08 2026

The United States and Iran agreed to a two-week ceasefire barely an hour before President Donald Trump's Wednesday …

Solar push helps Pakistan temper Gulf energy shock

Apr 08 2026

Pakistan's solar power push has cushioned the full impact of the war in the Middle East, analysts said, despite …

US, Iran agree to 11th-hour truce after Trump apocalyptic threats

Apr 08 2026

The United States and Iran agreed to a two-week ceasefire Tuesday barely an hour before President Donald Trump's …

Trump suspends Iran bombing for two weeks, after apocalyptic threats

Apr 07 2026

US President Donald Trump said Tuesday he was suspending bombing of Iran for two weeks but that Tehran must reopen the …

Pershing Square unveils transaction valuing Universal Music at 55 bn euros

Apr 07 2026

American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday a transaction valuing …

Pakistan makes last-minute bid to avert Trump threat to destroy Iran

Apr 07 2026

Pakistan made a last-minute proposal Tuesday to avert catastrophic US attacks on Iran, hours ahead of a deadline set by …

Global stocks mostly fall ahead of Trump's deadline for Iran

Apr 07 2026

Global stock markets mostly retreated Tuesday as investors braced for US President Donald Trump's looming deadline for …

UK govt bars Kanye West, forcing cancellation of festival

Apr 07 2026

The UK government on Tuesday blocked US rapper Kanye West from entering the country due to his past antisemitic …

Oil rises, stocks fall ahead of Trump's Iran deadline

Apr 07 2026

Oil prices jumped and stocks slumped on Tuesday after US-Israeli strikes on the key Iranian oil export terminal of Kharg …

UK government blocks Kanye West from London music fest

Apr 07 2026

The UK government Tuesday blocked US rapper Kanye West from visiting the country to headline a music festival due to his …

Oil rises, stocks fall as Trump's Iran deadline looms

Apr 07 2026

Oil prices jumped Tuesday and stocks fell after US-Israeli strikes on the key Iranian oil export terminal of Kharg …

Strait of Hormuz shipping blockade update

Apr 07 2026

Here are the latest key facts about impacts from the blockage of the Strait of Hormuz, a crucial shipping route …

Oil, stocks rise as Trump's Iran deadline looms

Apr 07 2026

Oil prices and stocks rose Tuesday as investors weighed the chances of Iran meeting US President Donald Trump's looming …

US fund Pershing Square launches takeover bid for Universal Music

Apr 07 2026

American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to …

Oil prices rally, stocks edge up after Trump's latest Iran threat

Apr 07 2026

Oil prices rose Tuesday while equities edged up tentatively as investors assessed Donald Trump's latest deadline for …

Iran defiant as deadline looms for Trump threat to infrastructure

Apr 07 2026

Iran showed no sign of backing down Tuesday as a US deadline loomed for it to reopen the Strait of Hormuz, defying …

Oil prices rally, stocks mixed after Trump's latest Iran threat

Apr 07 2026

Oil prices rose Tuesday while equities were mixed as investors assessed Donald Trump's latest deadline for Iran to …

Wall Street stocks rise on hopes for US-Iran ceasefire

Apr 06 2026

Wall Street stocks pushed higher Monday on hopes for a ceasefire in the Middle East conflict even as oil prices also …

Trump doubles down on Iran threat, says ceasefire 'not good enough'

Apr 06 2026

President Donald Trump doubled down Monday on his threat to wreck Iran's civilian infrastructure, warning US forces …

Trump says Iran ceasefire proposal 'not good enough'

Apr 06 2026

US President Donald Trump said Monday that a proposed 45-day ceasefire with Iran was a "very significant step" but "not …

Israel hits Iran petrochemical complex after Trump threats

Apr 06 2026

Israeli strikes hit Iran's largest petrochemical complex Monday, as the Islamic republic defied threats from US …

Israel hits Iran gas complex after Trump threat

Apr 06 2026

Israeli strikes hit Iran's largest petrochemical complex Monday, as the Islamic republic defied threats from US …

Israeli strikes kill Iran Guards intel chief as Trump deadline looms

Apr 06 2026

Israeli strikes killed the intelligence chief of Iran's Revolutionary Guards, as the Islamic republic on Monday defied …

Oil pares gains as shares rise in Tokyo, Seoul

Apr 06 2026

Oil prices pared gains Monday after a spike following fresh threats in the war in the Middle East, while Tokyo and Seoul …

Defiant Iran ramps up attacks after Trump warning

Apr 06 2026

Iran launched fresh attacks across the Middle East on Monday and threatened "devastating" retaliation, after US …

Tokyo, Seoul shares gain, war sends oil higher

Apr 06 2026

Oil opened higher on Monday as the war in the Middle East squeezes energy supplies, with fresh threats from both sides …

Trump makes stark threat to Iran after US airman rescued

Apr 06 2026

US President Donald Trump made an expletive-filled threat Sunday to destroy Iran's civilian infrastructure, demanding …

OPEC+ hikes oil production quotas, issues warning

Apr 06 2026

The OPEC+ oil cartel agreed on Sunday to again increase oil production quotas, while warning that repairing energy …

Trump makes foul-mouthed threat to Iran after US airman rescued

Apr 05 2026

US President Donald Trump made an expletive-filled threat Sunday to destroy Iran's vital civilian infrastructure, …

Trump issues foul-mouthed threat to Iran after US airman rescued

Apr 05 2026

US President Donald Trump launched a foul-mouthed threat to destroy Iran's vital civilian infrastructure Sunday, …

Trump threatens 'hell' for Iran over Strait of Hormuz

Apr 05 2026

US President Donald Trump threatened in an expletive-laden post on Sunday to strike Iran's power plants and bridges if …

Trump says US airman rescued in Iran in 'miraculous' operation

Apr 05 2026

President Donald Trump said Sunday that US forces had safely recovered a second airman downed in Iran, calling it "one …

Middle East war hits Britain's fish and chip shops

Apr 05 2026

Before war erupted in the Middle East, fisherman Peter Bruce spent about £5,000 ($6,600) on diesel to trawl the North …

In the online 'maxxing' era, what's the deal with fiber and protein?

Apr 05 2026

First it was protein, now it's fiber: the "maxxing" mindset has permeated social media, as wellness influencers insist …

Mideast war presents 'serious risk' for Africa: report

Apr 04 2026

The Middle East war "presents a serious risk to Africa", the African Union and the African Development Bank (AfDB) said …

Erdogan, Zelensky discuss energy security, peace efforts

Apr 04 2026

Turkish President Recep Tayyip Erdogan received Ukrainian counterpart Volodymyr Zelensky in Istanbul Saturday for talks …

European drivers choke on rising diesel prices

Apr 04 2026

The price of diesel fuel has rocketed by more than 30 percent across Europe since the start of the Middle East war …

Sri Lanka struggles to avert economic collapse over Mideast war

Apr 04 2026

Sri Lanka is struggling to prevent a repeat of its spectacular economic collapse four years ago, as the prolonged Middle …

Iran hunts crew member of crashed US jet after one reported rescued

Apr 04 2026

Iranian and American forces were racing each other early Saturday to recover a crew member of the first US fighter jet …

US registers strong job growth in boost to Trump

Apr 03 2026

The US economy posted unexpectedly strong job gains in March, data showed Friday, in a development hailed by US …

Iran hunts crew of crashed US jet, one reported rescued

Apr 03 2026

Iranian and American forces were racing each other early Saturday to recover the crew of the first US fighter jet to go …

Iran hunts crashed US jet crew, as reports say one rescued

Apr 03 2026

Iranian and American forces were racing each other on Friday to recover the crew of the first US jet crashed in Iran …

French, Japanese ships cross Strait of Hormuz in first since war

Apr 03 2026

One French- and another Japanese-owned vessel are among a handful of vessels to have crossed the war-torn Strait of …

Wary of news media, Silicon Valley builds its own

Apr 03 2026

When OpenAI acquired the tech podcast TBPN this week, it wasn't just buying a show -- it was buying a message.

Iran searches for downed US jet crew, as US media says one member rescued

Apr 03 2026

Iran launched a hunt for the US crew whose jet Iranian media said had been shot down by the Islamic republic's air …

French court rules to extradite Russian who owned Portsmouth football club

Apr 03 2026

A French court has ruled to extradite Russian banker Vladimir Antonov, a former owner of English football club …

US registers strong job growth in March in boost to Trump

Apr 03 2026

The US economy posted unexpectedly strong job gains in March, government data showed Friday, in a shift that could ease …

Iranian media says US jet shot down, bounty offered for pilot

Apr 03 2026

Iran deployed troops and offered a bounty as it launched a hunt for a US pilot whose jet Iranian media said had been …

EU under pressure as fertiliser costs soar on Middle East war

Apr 03 2026

With the war in the Middle East sending global fertiliser prices soaring, the EU is coming under pressure from farmers …

Container ship declaring French ownership passes through Hormuz strait

Apr 03 2026

A container ship declaring itself to have a French owner has passed through the Strait of Hormuz, according Marine …

Israel under fire as Trump warns of destroying Iranian infrastructure

Apr 03 2026

Israel said Friday it was under attack from a new barrage of Iranian missiles, as US President Donald Trump warned …

Streaming channel for pets launched in China

Apr 03 2026

Cats and dogs can now fill the hours their owners are at work with a dedicated all-day streaming channel for pets …

Israel under fire from Iran missiles as Trump issues new warning

Apr 03 2026

Israel said Friday it was under attack from a new barrage of Iranian missiles, as President Donald Trump warned the …

Microsoft to invest $10 bn for Japan AI data centres

Apr 03 2026

Microsoft said Friday it will invest $10 billion in Japan over the next four years to build artificial intelligence data …

'Breathtaking': Artemis astronauts blast towards Moon

Apr 03 2026

Four Artemis astronauts were zooming towards the Moon late Thursday after a major engine firing, a milestone that …

Mangione federal trial over CEO murder delayed to January

Apr 03 2026

The federal trial of Luigi Mangione in the killing of healthcare CEO Brian Thompson has been delayed further to January …

Artemis astronauts blast towards Moon on historic mission

Apr 03 2026

Four Artemis astronauts were zooming towards the Moon on Thursday after a major engine firing, a milestone that commits …

Airbus bets on copter capability for tomorrow's war drones

Apr 03 2026

In the heart of southeastern France, aerospace giant Airbus is drawing on its helicopter expertise to develop drones -- …

'Metals of the future': copper and silver flow beneath Poland's surface

Apr 03 2026

Thousands of metres beneath the ground, amid suffocating heat, lies one of the keys to Poland's rumbling mining sector …

With mighty thrust, Artemis astronauts blast towards Moon

Apr 03 2026

The four Artemis astronauts fired up their spacecraft's engine to break away from Earth's orbit and zoomed towards the …

Oil surges, stocks mixed as Trump dashes hopes of quick end of war

Apr 02 2026

Oil prices surged Thursday after US President Donald Trump threatened more heavy strikes on Iran, while global equity …

NASA gives Artemis crew green light to head towards Moon

Apr 02 2026

NASA gave the four Artemis astronauts circling Earth the green light on Thursday to head for the Moon and carry out the …

Trump orders new pharma tariff, reshapes metal duties

Apr 02 2026

US President Donald Trump on Thursday ordered new tariffs on certain medicines, alongside an overhaul of metal duties, …

Pakistan hikes petrol, diesel prices due to Middle East war

Apr 02 2026

Pakistan's government on Thursday drastically raised fuel prices in response to spiking global energy prices caused by …

UK-led Hormuz talks demand 'immediate' reopening of Hormuz

Apr 02 2026

A UK-led meeting of some 40 countries on the strait of Hormuz crisis wrapped up Thursday with a demand for the …

Artemis astronauts await green light for lunar orbit

Apr 02 2026

The four Artemis astronauts circling Earth were awaiting the green light from NASA on Thursday to head for the Moon and …

Grain, steel, fertiliser blocked by Hormuz closure: data

Apr 02 2026

Besides oil and gas, Iran's blockade of the Strait of Hormuz has choked off shipments of crucial goods and raw materials …

UK foreign minister stresses 'urgent need' to reopen Hormuz strait

Apr 02 2026

British foreign minister Yvette Cooper stressed Thursday the "urgent need" to reopen the Strait of Hormuz and slammed …

Oil climbs, stocks slip as Trump dashes hopes of quick end of war

Apr 02 2026

Oil surged and stocks fell on Thursday after Donald Trump threatened more heavy strikes on Iran and offered no solution …

Iran vows 'crushing' attacks on US after Trump threats

Apr 02 2026

Iran on Thursday threatened "crushing" attacks on the United States and Israel, firing missiles at Tel Aviv after US …