Business and Economy



Wall Street gets small boost from SK hynix debut

AFP - 1h ago

Global stock markets rose slightly on Friday as investors digested a wave of corporate announcements, while the Nasdaq …

SK hynix surges on first day of trading on Wall Street

AFP - 1h ago

South Korean chip giant SK hynix soared 13 percent on its first day of trading on Wall Street on Friday, capping one of …

Man nearly sucked out of 'detached' window on Ryanair flight

AFP - 2h ago

A man was nearly sucked out the window of a Ryanair flight when it "detached" mid-air en route to Germany, with other …

Nasdaq gets no boost from SK hynix debut in NY

AFP - 4h ago

Global stock markets wobbled on Friday as investors digested a wave of corporate announcements, while the Nasdaq failed …

Boeing to expand 737 MAX output as aviation giant charts comeback

AFP - 5h ago

Boeing will mark another step in a marathon comeback Friday when it commemorates expanded production of the 737 MAX, now …

Commerzbank staff's legal bid against UniCredit rejected

AFP - 7h ago

German prosecutors said Friday they had rejected a complaint filed by Commerzbank's staff over alleged market …

China approves fast-fashion giant Shein's Hong Kong listing bid

AFP - 7h ago

Fashion titan Shein has won approval from China's market watchdog for its initial public offering application in Hong …

Nasdaq dips as SK hynix arrives in NY

AFP - 1h ago

Global stock markets mostly rose on Friday as investors digested a wave of corporate announcements, but the Nasdaq …

Memorable moments from Paris Haute Couture Week

AFP - 8h ago

Glowing minidresses, fairy tale-inspired designers, and clammy celebrities battling another summer heatwave all featured …

Stocks rise as SK hynix boosts AI trade

AFP - 2h ago

Global stock markets rose on Friday as investors digested a wave of corporate announcements and as tech sentiment was …

Volkswagen sales slide further as carmaker weighs mass job cuts

AFP - 3h ago

Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group …

Gagan Gupta, man on a mission to industrialise Africa

AFP - 11h ago

From timber and textiles to minerals, Indian entrepreneur Gagan Gupta has spent the past 15 years working to …

EU tells Meta to change Facebook, Instagram's 'addictive design'

AFP - 8h ago

Meta must change Facebook's and Instagram's "addictive design" or face a heavy fine, the EU warned on Friday.

EasyJet accepts rival takeover bid from US investor Apollo

AFP - 10h ago

British no-frills airline EasyJet said Friday it had accepted a £5.7-billion ($7.7-billion) takeover offer from US …

Record visitors, record taxes: Vienna cashes in on tourist boom

AFP - 12h ago

As Vienna grapples with smashed record after smashed record for tourist numbers, a plan to more than double its …

Asian stocks rally as SK hynix breathes life back into AI trade

AFP - 2h ago

South Korea's Kospi led gains across most Asian markets Friday as a record-breaking US share sale by chip titan SK hynix …

Chip titan SK hynix raises $26.5 bn in blockbuster US listing

AFP - 19h ago

South Korean chip giant SK hynix set pricing for its mega US listing on Friday, raising $26.5 billion as it takes …

OpenAI number two Simo steps down to focus on health

Jul 09 2026

Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part-time …

Iran buries Khamenei after new fighting with US erupts

Jul 09 2026

Iran on Friday laid to rest its former supreme leader Ali Khamenei over four months after his killing in an airstrike, …

Chip titan SK hynix to raise $26.5 bn in blockbuster US listing

Jul 09 2026

South Korean chip giant SK hynix on Friday priced its mega US listing at $149 per share, raising around $26.5 billion in …

Chip titan SK hynix readies for mega US listing

Jul 09 2026

South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be the …

Black and cream and very Roman at Fendi haute couture show

Jul 09 2026

Fendi presented its first haute couture show under designer Maria Grazia Chiuri Thursday, showing off a luxurious …

Stocks shrug off tensions to rise on renewed tech interest

Jul 09 2026

Global stock markets were largely positive on Thursday as investors rediscovered their appetite for tech names and …

US pushes for weaker truck pollution rules

Jul 09 2026

President Donald Trump's administration on Thursday moved to loosen truck pollution regulations put in place by his …

Iran burying Khamenei after new US fighting erupts

Jul 09 2026

Iran on Thursday was laying to rest its former supreme leader Ali Khamenei over four months after his killing in a …

Union warns of 'conflict' as Volkswagen eyes mass job cuts

Jul 09 2026

Volkswagen workers staged protests nationwide Thursday as unions warned of a "major conflict" if the struggling German …

New US, Iran fighting erupts ahead of Khamenei burial

Jul 09 2026

New fighting erupted between the United States and Iran ahead of the burial of supreme leader Ali Khamenei on Thursday, …

US existing home sales dip in June as cost worries persist

Jul 09 2026

Sales of previously owned homes in the United States dropped in June, according to industry data released Thursday, as …

Fendi shows haute couture in Rome with nod to Lagerfeld

Jul 09 2026

Fendi celebrates the first haute couture show by newly seated designer Maria Grazia Chiuri in its home city of Rome on …

Cocoa lynchpin sees chocolate lovers make hesitant return

Jul 09 2026

Barry Callebaut, one of the world's biggest chocolate makers, signalled Thursday that chocoholics are starting to …

EU parliament greenlights digital euro

Jul 09 2026

EU lawmakers on Thursday backed kickstarting negotiations on creating a digital version of the euro, as the European …

Markets steady tracking US-Iran flare-up

Jul 09 2026

Oil prices, stock markets and the dollar were steadier Thursday as investors assessed the outlook for Middle East peace …

German exports rise despite Iran war headwinds

Jul 09 2026

German exports unexpectedly rose in May, their fourth straight monthly increase, official data showed Thursday, as …

US, Iran trade new strikes ahead of Khamenei burial

Jul 09 2026

The United States and Iran traded new strikes on Thursday that killed several people in the Islamic republic as Iranian …

Crude pares steep gains as traders take stock after US-Iran flare-up

Jul 09 2026

Oil prices fell Thursday, clawing back some of the previous day's surge, as investors assessed the outlook for Middle …

Crude stabilises after US-Iran flare-up rocked peace hopes

Jul 09 2026

Oil prices dipped Thursday after the previous day's surge as Donald Trump said the US ceasefire with Iran was over and …

US, Iran trade new strikes in fight over Hormuz strait

Jul 09 2026

The United States and Iran traded strikes on Thursday for the second day running as Washington and Tehran battled over …

Unions to protest as Volkswagen thrashes out job cut plans

Jul 09 2026

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever …

US crackdown on top AI fuels open-source surge

Jul 09 2026

The US government's shock moves to restrict access to top artificial intelligence systems from Anthropic and OpenAI have …

Chip titan SK hynix to set price for mega US listing

Jul 09 2026

South Korean chip giant SK hynix is expected on Thursday to set the price for its mega US listing that could be one of …

Crude extends rally as US-Iran flare-up rocks peace hopes

Jul 09 2026

Oil prices extended their surge Thursday as Donald Trump said the US ceasefire with Iran was over and ordered fresh …

Oil surges, stocks slide as Trump says Iran ceasefire over

Jul 08 2026

Oil prices briefly soared back above $80 per barrel while stock markets slid Wednesday, after US President Donald Trump …

Meta to build $9 billion data center in western Canada

Jul 08 2026

Meta said Wednesday it plans to build a $9 billion data center in western Canada's Alberta province, in what local …

Some US Fed officials considered June rate hike on war fallout

Jul 08 2026

Some US Federal Reserve officials saw reasons to hike rates at the central bank's June policy meeting given elevated …

UN maritime head urges halt to Hormuz transit to protect seafarers

Jul 08 2026

The head of the International Maritime Organization said Wednesday the 6,000 seafarers still stranded in the Gulf must …

New York building that buckled now 'stable,' says mayor

Jul 08 2026

The high-rise building under renovation that buckled in the heart of Manhattan, forcing the evacuation of thousands of …

Oil back at $80, stocks slide as Trump says Iran ceasefire over

Jul 08 2026

Oil prices briefly soared back above $80 per barrel while stock markets slid Wednesday after US President Donald Trump …

Air Canada taps new CEO to replace chief who couldn't speak French

Jul 08 2026

Air Canada named a French-speaking European as its new CEO on Wednesday, replacing Michael Rousseau, who announced his …

Uber Eats, Deliveroo say will give France drivers break when too hot

Jul 08 2026

Uber Eats and Deliveroo on Wednesday said they would impose afternoon breaks for food delivery cyclists in parts of …

IMF cuts 2026 world growth forecast, flags risks from new Mideast fighting

Jul 08 2026

The IMF cut its 2026 global growth projection again Wednesday, flagging "uncertainty and risks" to the economic outlook …

Oil shoots back up, stocks slide as Trump says Iran ceasefire over

Jul 08 2026

Oil prices soared anew and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was …

OpenAI to launch new model after US freeze

Jul 08 2026

ChatGPT-maker OpenAI said its latest and most powerful artificial intelligence model will be released to the public on …

Oil prices surge, stocks slide as Trump says Iran ceasefire over

Jul 08 2026

Oil prices soared and stock markets slid Wednesday after US President Donald Trump said the ceasefire with Iran was …

Apple loses challenge against EU digital competition rules

Jul 08 2026

Apple lost its bid to escape digital competition rules after an EU court on Wednesday rejected the US giant's challenge.

Oil prices extend rally as US strikes on Iran revive geopolitical fears

Jul 08 2026

Oil prices jumped more than three percent on Wednesday as the Middle East crisis burst back into the spotlight with US …

US, Iran trade strikes in new threat to ceasefire

Jul 08 2026

The United States launched extensive strikes on Iran over attacks on ships in the vital Strait of Hormuz, triggering a …

Chinese repairwomen smash stereotypes with power tools

Jul 08 2026

The sound of pliers clicking filled a workshop in eastern China's Hangzhou as a group of women practised stripping …

US strikes Iran after Hormuz attacks, Tehran threatens response

Jul 07 2026

US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the …

US strikes Iran after Hormuz tanker attacks: military

Jul 07 2026

US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the …

Netflix strikes deals in short-form video push

Jul 07 2026

Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals …

Tanker attacks send oil higher, stocks hit by AI jitters

Jul 07 2026

Oil prices jumped after three tankers were attacked in the Strait of Hormuz, while jitters about the outlook for the AI …

US revokes Iran oil waiver after Hormuz tanker attacks

Jul 07 2026

The United States revoked a temporary sanctions waiver for Iranian oil Tuesday after three tankers were struck in the …

Canada province preparing lawsuit against OpenAI over school shooting

Jul 07 2026

British Columbia said Tuesday it was preparing a lawsuit against OpenAI over the company's failure to report violent …

Nigeria's Dangote confirms Lamu, Kenya for east Africa mega-refinery

Jul 07 2026

Africa's richest man, Aliko Dangote, will build a 700,000-barrels per day east African oil refinery in Lamu on the Kenya …

Stocks hit by AI concerns as oil rises on tanker attack

Jul 07 2026

Stock markets traded mixed Tuesday as investors tracked concerns over the AI sector's outlook, while oil prices climbed …

US trade gap in May widens to biggest in over a year

Jul 07 2026

The US trade deficit widened sharply in May to its largest in over a year as imports rose, government data showed …

Stocks mixed tracking AI concerns, as oil rises on tanker attack

Jul 07 2026

Stock markets traded mixed Tuesday as investors tracked concerns over the AI sector's outlook, while oil prices climbed …

Seoul dives on tough day for Asia as Samsung fails to ease tech woes

Jul 07 2026

Seoul once again led losses in Asian stocks on Tuesday as chip giant Samsung tumbled despite an eye-watering rise in …

Samsung expects 1,800% operating profit leap on AI boom

Jul 07 2026

South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating …

Seoul dives on mixed day in Asia as Samsung fails to ease tech woes

Jul 07 2026

Seoul once again led losses on a mixed day in Asian stocks Tuesday as chip giant Samsung tumbled despite an eye-watering …

Samsung expects 1,800% leap in quarterly operating profit on AI boom

Jul 07 2026

South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating …

Stock markets meander as US tech stocks climb

Jul 06 2026

Major stock markets meandered Monday while US tech names climbed, as quarterly earnings season kicks into gear.

Microsoft cuts 4,800 jobs as it revamps Xbox

Jul 06 2026

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a …

US streamers launch new legal fight against French content rules

Jul 06 2026

American streaming platforms Netflix, Disney+ and Amazon's Prime Video said Monday they had filed legal appeals …

Stock markets meander as tech recovery stutters

Jul 06 2026

Major stock markets meandered Monday with a recovery in technology share prices petering out as quarterly earnings …

Big defence spending, aid cuts: German cabinet approves budget

Jul 06 2026

The German cabinet Monday approved a budget for next year that sets out vast new outlays for defence but drew criticism …

Microsoft cuts 4,800 job as it revamps Xbox

Jul 06 2026

Microsoft said Monday it was eliminating about 4,800 jobs -- roughly two percent of its global workforce -- in a …

Netflix, Disney+, Amazon appeal French investment rules

Jul 06 2026

Streaming platforms Netflix, Disney+ and Amazon's Prime Video said Monday they have filed appeals with French …

Stock markets diverge as tech recovery stutters

Jul 06 2026

Major stock markets traded mixed Monday as a recovery for technology share prices petered out and quarterly earnings …

Indonesia, Singapore say key oil passage will remain 'accessible'

Jul 06 2026

Indonesia and Singapore vowed on Monday that the Strait of Malacca, a critical oil transit chokepoint in the region, …

Fears new pan-European company status threatens workers' rights

Jul 06 2026

Europe wants to become a paradise for entrepreneurs, but unions and EU lawmakers fear a special new business rulebook …

German factory orders unexpectedly rebound in May

Jul 06 2026

German industrial orders unexpectedly rebounded in May, official data showed Monday, but the government warned of …

Asian markets mixed as tech recovery stutters, oil slips

Jul 06 2026

Asian markets were mixed Monday as last week's late tech recovery petered out, with traders turning their focus to the …

Sky strengthens UK streaming offer with ITV deal

Jul 06 2026

Sky television on Monday said it had agreed to buy ITV's media and entertainment business for up to £1.6 billion ($2.1 …

OPEC+ raises quotas again as Middle East calms

Jul 05 2026

Seven OPEC+ members decided on Sunday to again raise oil production quotas as Gulf countries reel from the Middle East …

Turkey eyes F110 fighter jet engines as Trump comes to town

Jul 05 2026

US President Donald Trump's visit to Ankara for the NATO summit could help secure Turkey's acquisition of dozens of …

Afghan car trade screeches to a halt due to regional wars

Jul 05 2026

In Afghanistan's southern Kandahar province, a once-thriving business of trading car parts from far-flung places has …

Struggling German auto supplier Continental to sell unit

Jul 04 2026

German auto supplier Continental announced Saturday a four-billion-euro ($4.6-billion) deal to sell a division to a US …

Europe's baked rice bowl seeks escape from drought

Jul 04 2026

Summer came too early to Europe's most important rice growing region and weeds are taking over Sharon Angoli's parched …

Stocks mostly rise as beaten-down tech stocks enjoy bounce

Jul 03 2026

Asian and European stock markets mostly rose Friday as tech firms rebounded and investors reacted to the receding …

Ukraine backers to vow major support at NATO summit

Jul 03 2026

NATO's European members and Canada will pledge to give Ukraine 70 billion euros ($80 billion) in military aid both this …

Mercedes demos set stage for wave of German auto protests

Jul 03 2026

Thousands of workers demonstrated outside Mercedes-Benz factories in Germany Friday over the premium carmaker's …

Chinese investors flock to Hong Kong as trading curbs tighten

Jul 03 2026

Soon after disembarking at Hong Kong's train station, Chinese private investor Feng was opening a stock trading account …

Surging real estate development divides opinion on Athens' riviera

Jul 03 2026

In the southern Athens seaside suburb of Glyfada, a pensioner struggles to cross an avenue with her shopping trolley, …

Move over, Messi! Robot footballers thrill crowds in South Korea

Jul 03 2026

Thirty seconds before kick-off, humanoid robot footballers in red and blue jerseys await the referee's signal in the …

Asian markets rise as beaten-down tech stocks enjoy bounce

Jul 03 2026

Asian stocks rose Friday as tech firms enjoyed a much-needed rebound from the heavy selling of recent weeks, with a big …

China sports brands score NBA stars to assist global ambitions

Jul 03 2026

NBA star Kyrie Irving walked out onto a basketball court in southwest China to rapturous applause, his brightly coloured …

Asian markets rise as beaten tech stocks enjoy respite from selling

Jul 03 2026

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big …

From ketchup to car parts, Cuba gets private sector makeover

Jul 03 2026

From grocery stores to restaurants and fuel, Cuba's burgeoning private sector is filling the vacuum left by a collapsing …

Dollar down, stocks shine after disappointing US jobs data

Jul 02 2026

The dollar tumbled Thursday after disappointing US jobs data dampened expectations for a quick interest rate hike, while …

Progress, further delay risk for Boeing Air Force One: report

Jul 02 2026

Boeing has made progress on its much-delayed new planes for the US president -- dubbed Air Force One when the leader is …

German ruling coalition agrees on major reform package

Jul 02 2026

Germany's ruling coalition has agreed on sweeping tax, labour and pension reforms, Chancellor Friedrich Merz said …