Business and Economy



US stocks end higher as AI shares stabilize

AFP - 1h ago

Wall Street stocks bounced back from a shaky start after disappointing inflation data on Thursday, while pressure on …

UniCredit says receives ECB green light for Commerzbank takeover

AFP - 3h ago

The European Central Bank has authorized the takeover of Germany's Commerzbank AG by UniCredit, the Italian bank said …

New York City pension fund asks Anthropic to delay IPO

AFP - 3h ago

The supervisor of New York City’s pension funds, one of the largest in the United States, asked Anthropic to postpone …

France, Germany reach deal on future of car industry

AFP - 4h ago

France and Germany have backed a further scaling down of EU emission rules for cars as part of a long-negotiated deal on …

Tech sell-off rolls on as hot inflation data stokes rate worries

AFP - 1h ago

Asian stocks plunged and the sell-off in tech stocks continued on Wall Street on Thursday as investors worried that …

Don't exclude Turkey from 'Made in Europe' plan: minister to AFP

AFP - 6h ago

The European Union's push to favour its own industries, including automakers, risks hurting Europe's and Ankara's …

French duo Justice to score 'GTA VI': game maker

AFP - 6h ago

French electro duo Justice were chosen to do the original score for the new instalment of the "Grand Theft Auto" video …

Seven missing off Romania after latest Black Sea drone attacks

AFP - 6h ago

Romania reported seven people missing on Thursday after two drone attacks on ships in the Black Sea, where several …

US producer prices see biggest jump since 2022 in added challenge to Trump

AFP - 8h ago

US wholesale inflation surged past analysts' expectations in September, marking its biggest jump since 2022 as the war …

Seven missing after fire on vessel in Black Sea off Romania

AFP - 1h ago

Romania reported seven people missing on Thursday after two drone attacks on ships in the Black Sea, where several …

Tech sell-off deepens as US inflation sparks AI jitters

AFP - 2h ago

Asian stocks plunged Thursday as technology firms suffered another rout after forecast-topping US inflation data fuelled …

'Ocarina of Time': Nintendo gives Zelda classic a modern makeover

AFP - 10h ago

For millions of gamers, a few notes from an ocarina are enough to bring back fond childhood memories.

EU leaders clash over budget as spectre of French elections looms

AFP - 5h ago

EU leaders locked horns Thursday over the bloc's next long-term budget as they kicked off talks in Brussels under …

'Can't sleep': Spain's housing crunch upends lives

AFP - 12h ago

At 38, Nadinne Fillol has a job, a partner and hopes of having children.

Musk calls on Ukraine's Zelensky to 'go' after satellite slowdown row

AFP - 5h ago

Tech billionaire Elon Musk called on Wednesday for Volodymyr Zelensky to "go" as Ukraine's leader, after insisting any …

Tech stocks lead rout after US inflation fuels rate hike bets

AFP - 3h ago

Asian stocks plunged Thursday as tech firms suffered another painful rout after forecast-topping US inflation data …

China's economy seen missing target as global shocks bite: AFP poll

AFP - 12h ago

China's economy likely grew at a slower pace than the government's target in the third quarter, an AFP survey of …

California puts first US billionaire tax to the vote

AFP - 12h ago

When Americans vote in next month's midterm elections, one question on the ballot in California could echo far beyond …

World's top cocoa producer aims for a climate-tough bean

AFP - 12h ago

Kofi Alexis Amani has watched the trees on his cocoa plantation wilt and sometimes wither as rains became unpredictable …

'No time to recover': UNDP chief sounds alarm on growing poverty after Iran war shock

AFP - 14h ago

Millions could be thrown into poverty by surging energy costs, the impact of an intense El Nino phenomenon and higher …

Tech stock lead rout after US inflation fuels rate hike bets

AFP - 1h ago

Asian stocks plunged Thursday as tech firms suffered another painful rout after forecast-topping US inflation data …

EU leaders head for showdown over bloc budget

AFP - 7h ago

EU leaders on Thursday head for their biggest clash yet over the bloc's next long-term budget, as they race to lock in a …

Musk suggests US govt behind any slowdown in Ukraine's Starshield system

AFP - 8h ago

SpaceX boss Elon Musk said Wednesday that any disruptions reported by Ukraine in using the Starshield satellite …

Trial defence says Russia used Nord Stream pipelines as 'weapon'

Oct 14 2026

A lawyer for a Ukrainian accused of blowing up the Nord Stream pipelines supplying Russian gas to western Europe said …

US Treasury chief urges stronger IMF role against 'distortionary policies'

Oct 14 2026

US Treasury Secretary Scott Bessent called Wednesday for the IMF to do more in tackling "distortionary policies" that …

US stocks fall after hot inflation report as leading AI shares tumble

Oct 14 2026

Wall Street stocks fell Wednesday following a hotter-than-expected US inflation reading, with the Nasdaq particularly …

Wall Street grills Bank of America over money laundering fine

Oct 14 2026

Shares of Bank of America tumbled Wednesday as the lender faced pointed questions from Wall Street analysts over a $1.2 …

US consumer inflation hotter than expected as midterms loom

Oct 14 2026

US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's …

Lufthansa wins contest for TAP Air Portugal stake

Oct 14 2026

German airline Lufthansa has won the contest to buy nearly half of TAP Air Portugal, the Portuguese prime minister said …

Hot US inflation data dents Wall Street stocks

Oct 14 2026

A hotter-than-expected inflation reading dented Wall Street stocks on Wednesday, while the dollar and bond yields pushed …

US consumer inflation up more than expected as midterms loom

Oct 14 2026

US consumer inflation was hotter than anticipated in September, government data showed Wednesday, as Washington's war …

EU takes a page from Ireland's AI playbook

Oct 14 2026

The European Union wants to catch up in the AI race by taking a cue from Ireland, an early adopter of the technology, …

AI worms, 'major' incident fears spur safety calls at industry summit

Oct 14 2026

From the spectre of refrigerator-infecting AI worms to warnings of "major" security incidents at the horizon, calls to …

Fuel shortage triggers queues on Indonesia's Bali island

Oct 14 2026

Moldovan tourist Raisa Neagu spent hours on Wednesday waiting to fuel up her scooter, one of many people snared in a …

Stocks diverge ahead of key US inflation data

Oct 14 2026

Global stock markets diverged on Wednesday ahead of the release of crucial US inflation data that could shape the …

Drone hits data centre of Russia's largest bank

Oct 14 2026

A drone hit a data centre belonging to the Russian state-owned lender Sberbank, a company executive said Wednesday, …

Ukraine ex-military officer stands trial over Nord Stream sabotage

Oct 14 2026

A Ukrainian former military officer on Wednesday became the first person to stand trial over the 2022 Nord Stream …

Fuel shortage triggers queues on resort island Bali

Oct 14 2026

Moldovan tourist Raisa Neagu spent hours on Wednesday waiting to fuel up her scooter, one of many people snared in a …

Sao Tome's niche vanilla finds far-away fans

Oct 14 2026

The plump, bright-green vanilla pods growing in tiny Sao Tome's vast leafy plantations may well end up in some of …

Higher borrowing costs an 'alarm signal' for France: finance minister

Oct 14 2026

The higher interest rates on France's government debt are an alarm signal for the country even though Paris retains the …

Asian stocks mostly down as tech firms struggle to claw back losses

Oct 14 2026

Asian stocks mostly fell on Wednesday as investors struggled to claw back the previous day's steep tech losses following …

AI boom drives record sales at Dutch tech giant ASML

Oct 14 2026

Dutch technology giant ASML, which makes cutting-edge machines to make semiconductor chips, said Wednesday that the huge …

Trump says 'massive' oil, gas, mineral exploration to begin in Greenland

Oct 14 2026

US President Donald Trump said Wednesday that oil, gas and mineral exploration was preparing to begin in Greenland, and …

China heads for record trade surplus as exports surge

Oct 14 2026

China's exports soared in September, official data showed Wednesday, putting it on course for a record annual trade …

IMF chief says Saudi attacks could have negative spillover 'everywhere'

Oct 14 2026

International Monetary Fund head Kristalina Georgieva said Wednesday that recent attacks on Saudi Arabia could impact …

Asian markets mixed as tech firms claw back some losses

Oct 14 2026

Asian stocks stuttered Wednesday as investors fought to claw back the previous day's steep tech losses, with focus …

Advanced economies must 'act now' to lower debt as bond yields spike: IMF

Oct 14 2026

The International Monetary Fund on Wednesday called for advanced economies to "act now" to address ballooning debt, with …

US fines Bank of America $1.2 bn for anti-money laundering violations

Oct 14 2026

The US Treasury Department said Tuesday that it is imposing penalties of more than $1.2 billion on Bank of America, …

Saudi employee arrested for allegedly bugging OpenAI office

Oct 14 2026

A Saudi employee of OpenAI was arrested after allegedly planting a recording device in one of the company's San …

Why AI makes computer worms harder to stop

Oct 13 2026

Anthropic's warning that AI-powered "worms" could soon spread across smart gadgets is the latest in a series of studies …

Croatia trials full driverless robotaxi service

Oct 13 2026

A Croatian firm that launched Europe's first commercial robotaxi service earlier this year is now testing fully …

Big US banks report strong earnings and stay bullish on AI

Oct 13 2026

Major US banks offered a largely upbeat outlook Tuesday, expressing confidence that the artificial intelligence …

US stocks dip ahead of inflation data as tech sell-off hits Asia

Oct 13 2026

Wall Street stocks were mostly lower at the end of a choppy session Tuesday, digesting solid results from US banks and a …

Reese Witherspoon, France's Mediawan to buy Hello Sunshine

Oct 13 2026

Reese Witherspoon and French content group Mediawan on Tuesday said they were buying Hello Sunshine, the women-focused …

Microsoft's Brad Smith calls for 'real and effective' AI safety standards

Oct 13 2026

Microsoft president Brad Smith warned Tuesday that industry and governments must "act with urgency" to create "real and …

French economy minister denies country caught in debt 'snowball'

Oct 13 2026

France's Economy Minister Roland Lescure said Tuesday that the country was not trapped in a debt "snowball" as he …

Nvidia says to invest in French medical website

Oct 13 2026

AI chip giant Nvidia will take a minority stake in French medical website Doctolib that plans to use the technology to …

Anthropic warns of AI 'worms' spreading across smart gadgets

Oct 13 2026

Small artificial intelligence models may be only months away from being able to behave like a computer worm, copying …

Goldman Sachs profits jump as CEO says no plans to exit

Oct 13 2026

Goldman Sachs reported higher third-quarter profit on Tuesday, sending shares higher as CEO David Solomon said there …

Apple unveils HomeView smart display in renewed home push

Oct 13 2026

Apple on Tuesday unveiled HomeView, a voice-driven smart display built around its revamped Siri AI assistant, as the …

Tech stocks slide on AI jitters

Oct 13 2026

Asia's tech-heavy stock markets slumped Tuesday on fresh worries about the outlook for the AI investment boom, …

France budget debate faces rocky start as Socialists vow to fight

Oct 13 2026

The French government was on Tuesday set to take the 2027 budget to debate in parliament, with the opposition Socialists …

Tech stocks slump on AI jitters; oil falls

Oct 13 2026

Asia's tech-heavy stock markets slumped Tuesday on fresh worries about the outlook for the AI investment boom, while a …

EU economy chief doubtful Russian diesel exports will affect prices

Oct 13 2026

EU economy chief Valdis Dombrovskis told AFP on Tuesday that Russian diesel sales recently authorised by the United …

IMF upgrades 2026 growth forecast but warns of 'split' outlook

Oct 13 2026

The International Monetary Fund on Tuesday forecast global growth in 2026 would slow less than previously expected …

Seoul, Tokyo stocks plunge as Asia suffers fresh tech rout

Oct 13 2026

Seoul, Tokyo and Taipei led losses across Asian stock markets on Tuesday as technology firms plunged on fresh worries …

'No choice': IMF says developing countries must cut spending despite war shock

Oct 13 2026

The International Monetary Fund warned on Tuesday that while low-income developing countries were dealing with the …

Oil rises as Saudi Arabia vows resonse to attacks

Oct 12 2026

Oil prices rose Monday as Yemen's Iran-backed Houthi movement launched additional strikes on Saudi Arabia, adding to …

Meta says its new AI models on par with OpenAI, Anthropic

Oct 12 2026

Meta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the …

Americans Hall and Woodford win economics Nobel for stabilisation models

Oct 12 2026

Americans Robert Hall and Michael Woodford were awarded the Nobel economics prize Monday for their work on how monetary …

Oil rises as Trump comments roil energy markets

Oct 12 2026

The Brent oil price reached nearly $107 a barrel Monday after Yemen's Iran-backed Houthi movement launched strikes on …

French supermarkets suffer refrigerator shutdown after 'unprecedented' cyberattack

Oct 12 2026

Major French supermarket chains on Monday said they were hit by a cyberattack that caused their refrigerators to shoot …

UK retains early access to test latest US AI models

Oct 12 2026

Britain will retain early access to the latest artificial intelligence models for safety testing, the country's AI …

French supermarket chains say cyberattack forced refrigerator shutdown

Oct 12 2026

Major French supermarket chains Intermarche and Cooperative U were hit by a cyberattack that caused their refrigerators …

Policymakers take on energy shock, rising debt at IMF-World Bank meetings

Oct 12 2026

Finance ministers and central bankers meet in Bangkok this week for the annual gatherings of the International Monetary …

Stocks mixed as oil prices slip after Trump hails 'energy ceasefire'

Oct 12 2026

Stock markets were mixed on Monday as oil prices fell after Donald Trump announced an "energy ceasefire" between Russia …

NZ bank in free speech row over 'explicit' sheep memes

Oct 12 2026

A bank in New Zealand has found itself at the centre of an unlikely free speech row after an attempt to remove …

Stocks rise as oil prices tumble after Trump hails 'energy ceasefire'

Oct 12 2026

Most stock markets rose Monday as oil prices tumbled after Donald Trump announced an "energy ceasefire" between Russia …

Trump's 'energy ceasefire' sparks confusion as Russia strikes Ukraine

Oct 11 2026

US President Donald Trump sowed confusion on Sunday, announcing an "energy ceasefire" between Ukraine and Russia that …

Russia hits Ukraine power plants despite Trump energy ceasefire claim

Oct 11 2026

Russian strikes hit multiple Ukrainian power plants on Sunday after US President Donald Trump's claim that both sides …

Zelensky surprised, Moscow mum as Trump announces energy ceasefire

Oct 11 2026

US President Donald Trump said Sunday that Russia and Ukraine had agreed to halt strikes on each other's energy …

Bill Gates warns cyberattacks most imminent AI threat

Oct 11 2026

Bill Gates on Sunday warned that unregulated artificial intelligence poses a growing threat and predicted an escalation …

Trump says Russia and Ukraine agree to 'energy ceasefire'

Oct 11 2026

US President Donald Trump said in a brief statement Sunday that Russia and Ukraine had agreed to halt strikes on each …

Ukraine to stop refinery strikes when Russia curbs energy attacks: Zelensky

Oct 11 2026

Ukraine would be ready to stop hitting Russian oil refineries if Russia curbed its attacks on Ukrainian energy …

South Korea completes trial of Arctic shipping route

Oct 11 2026

A South Korean container ship returned on Sunday from a trial voyage through the Arctic, testing an alternative route …

Power, water, jobs: Google on India data centre concerns

Oct 11 2026

Construction of a massive Google data centre in the Indian city of Visakhapatnam has been met with resistance from …

Google faces backlash against India data centre

Oct 11 2026

Handcuffs encircle Google's logo on one campaign poster, while another warns that people "cannot drink data", as …

Trump urges Zelensky replacement as diesel row rages

Oct 11 2026

Donald Trump called on Saturday for Ukraine to "get a new leader" after Volodymyr Zelensky slammed Washington's easing …

Trump's trade wars sting US manufacturers ahead of midterms

Oct 11 2026

For Doug Rende, who runs an aluminum product manufacturer in the US state of Ohio, President Donald Trump's tariffs have …

Trump, Zelensky clash over diesel deal as Russian strikes kill 21

Oct 10 2026

US President Donald Trump and Ukrainian leader Volodymyr Zelensky traded barbs Saturday after Washington moved to ease …

Zelensky blasts diesel deal as Russian strikes kill 16

Oct 10 2026

Ukrainian President Volodymyr Zelensky said on Saturday that Moscow was expressing its "thanks" for a diesel deal agreed …

Brazil prosecutors sue Shell for $108 mn over deadly 2024 floods

Oct 10 2026

Brazilian prosecutors have filed an unprecedented lawsuit against oil giant Shell's subsidiary in the country, demanding …

Proposed EU budget cut back in search for Christmas deal

Oct 10 2026

Ireland, which holds the EU's rotating presidency, suggested Saturday slashing the bloc's next proposed budget by 140 …

Zelensky blasts diesel deal after Russian strikes kill 15

Oct 10 2026

Ukrainian President Volodymyr Zelensky said on Saturday that Russia was expressing its "thanks" for a diesel deal agreed …

Proposed next EU budget cut back in search for deal

Oct 10 2026

Ireland, which holds the EU's rotating presidency, suggested Saturday slashing the bloc's next proposed budget by 140 …

Trump hails Russia deal to release diesel as midterms loom

Oct 09 2026

US President Donald Trump said Friday that he had secured Russia's agreement for a major release of diesel, as he eased …

Stocks rise as Trump says Russia to release diesel to world markets

Oct 09 2026

Stock markets climbed Friday after US President Donald Trump ruled out a strike on Iran before midterm elections, while …

Turkey jails 2 journalists pending trial for fund crisis 'misinformation'

Oct 09 2026

A Turkish court on Friday jailed two journalists pending trial for allegedly spreading misinformation over a sprawling …

Activists hope trial will stop 'forever chemicals' at Italy plant

Oct 09 2026

Egio Spineto filters his water and avoids eating locally grown produce in case it is contaminated, but the chemicals …

Trump forms panel to probe US Fed governor Lisa Cook

Oct 09 2026

US President Donald Trump has set up a committee to probe Federal Reserve Governor Lisa Cook over alleged "false …

Stocks advance as Trump rules out pre-vote Iran attack

Oct 09 2026

Stock markets climbed Friday as oil prices dropped after President Donald Trump ruled out a strike on Iran before next …

China agrees to 'moderate' car exports to Europe: EU commerce chief

Oct 09 2026

China and the European Union reached an understanding to "moderate" hybrid vehicles exports on Friday, which could …