Business and Economy



Boeing reports smaller loss as it aims for stable output growth

AFP - 1h ago

Boeing on Tuesday reported a smaller quarterly loss compared with the same period last year -- when plane certification …

Dangote, Nigeria's oil tycoon rewriting Africa's story

AFP - 2h ago

After going from hawking sweets to his primary schoolmates to becoming Africa's richest man, Nigerian billionaire Aliko …

Tech firms gain on Anthropic IPO optimism; HSBC slumps in London

AFP - 2h ago

Tech firms rose Tuesday for a second day as AI titan Anthropic's IPO filing revived optimism over the sector.

Tech firms track Wall St rally on mixed day for stock markets

AFP - 1h ago

Tech firms rallied Tuesday following a healthy run-up on Wall Street as traders welcomed AI titan Anthropic's IPO filing …

Norway media take legal action to block Meta from using content

AFP - 4h ago

Norway's main media organisations said Tuesday they had taken legal action to block Meta from enforcing new user terms …

HSBC profit jumps on higher rates, lower costs

AFP - 4h ago

HSBC profits jumped in the third quarter thanks to higher interest rates and lower costs, the bank giant said Tuesday, …

Mercedes-Benz cuts 2026 profit outlook on tough China market

AFP - 5h ago

Mercedes-Benz on Tuesday became the third big German carmaker to cut its outlook for the year on tough conditions in …

Germany, EU, stable investment stops despite upheaval: Merz

AFP - 6h ago

Europe remained a stable destination for investment despite political turbulence at home and elsewhere, German …

Tech firms track Wall St rally on mixed day for Asian markets

AFP - 3h ago

Tech firms rallied Tuesday following a healthy run-up on Wall Street as traders welcomed AI titan Anthropic's IPO filing …

South Korea's chip boom fuels forecast-beating third-quarter growth

AFP - 14h ago

South Korea's economy grew more than three times faster than expected in the third quarter, driven by booming …

NBA inks deal with Kalshi and Polymarket, citing safeguards

AFP - 15h ago

The NBA on Monday announced commercial partnerships with Kalshi and Polymarket that the basketball league said will help …

South Korea economy grows three times faster than expected in Q3

AFP - 1h ago

South Korea's economy grew more than three times faster than expected in the third quarter, driven by booming …

Lula win rattles Brazil markets over spending spree fears

Oct 26 2026

The reelection of Brazilian leftist Luiz Inacio Lula da Silva rattled markets on Monday as investors, who had expected a …

Brazil markets battered after Lula win, AI in focus elsewhere

Oct 26 2026

Brazilian markets took a battering Monday following the shock reelection of leftist President Luiz Inacio Lula da Silva, …

Anthropic points to AI dangers, soaring sales in IPO filing

Oct 26 2026

Anthropic, one of the world's leading artificial intelligence companies, on Monday made public its plans to sell shares …

Microsoft offers voluntary exit packages to 60,000 staff

Oct 26 2026

Microsoft is offering voluntary buyouts to about 60,000 employees, the company said on Monday, roughly a quarter of its …

Brazil markets battered, tech in focus elsewhere

Oct 26 2026

Brazilian markets took a battering Monday following the shock re-election of leftist President Luiz Inacio Lula da …

German union slams Audi boss's appearance at Trump rally

Oct 26 2026

The head of a major German trade union on Monday blasted the boss of carmaker Audi for his appearance at an election …

Part of London's Oxford Street pedestrianised 'forever'

Oct 26 2026

A stretch of London's iconic Oxford Street was made traffic-free "forever" from Monday, as pedestrians took over the …

Anthropic unveils IPO filing, showing soaring sales and AI risks

Oct 26 2026

Anthropic, one of the world’s leading artificial intelligence companies, on Monday made public its plans to sell shares …

New levy on non-EU parcels kicks in Sunday

Oct 26 2026

The European Union will from Sunday slap a two-euro ($2.25) handling fee on packages from outside the 27-nation bloc in …

Stocks climb ahead of tech earnings, central bank calls

Oct 26 2026

The world's main stock markets mostly climbed Monday as investors geared up for the week's crucial run of central bank …

Stocks mostly rise before tech earnings, central bank calls

Oct 26 2026

The world's main stock markets mostly climbed Monday as investors geared up for the week's crucial run of central bank …

UK set for 'limited' budget giveaways as borrowing costs surge

Oct 26 2026

British Prime Minister Andy Burnham's new government unveils its first budget Wednesday, testing a commitment to ease …

Stock markets mixed ahead of tech earnings, central bank decisions

Oct 26 2026

Equity markets were mixed on Monday as investors geared up for a crucial run of central bank decisions and tech …

Stocks sink as traders brace for tech earnings, central bank decisions

Oct 26 2026

Asian stocks were mixed on Monday as investors geared up for a crucial run of central bank decisions and tech earnings, …

Canada-EU summit seeks deepened alliance as US ties fray

Oct 26 2026

Canadian and European Union leaders meet in Montreal this week for a summit aimed at deepening their alliance as both …

New levy on non-EU parcels kicks in November 1

Oct 26 2026

The European Union will from November 1 slap a two-euro ($2.25) handling fee on packages from outside the 27-nation bloc …

Trump says Canada trade deal coming 'soon'

Oct 26 2026

A trade agreement between the United States and Canada would be reached "pretty soon," President Donald Trump told a …

France's debt woes in focus as ECB meets

Oct 26 2026

France's deteriorating public finances will take centre stage when the European Central Bank meets this week, but …

First international flight takes off from new Sydney airport

Oct 26 2026

The first international flight took off Monday from a new, multi-billion-dollar airport in the fast-growing western …

Maine logging, cross-border ties whipsawed by US-Canada tariff war

Oct 26 2026

In the heat of US midterm elections, President Donald Trump's tariffs on Canada -- and Ottawa's retaliation -- have …

From Carnegie to Claude: AI wealth could reshape philanthropy

Oct 26 2026

A wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums …

Sri Lanka seeks faster green energy shift after oil shocks

Oct 25 2026

Sri Lanka is determined to accelerate its transition to renewable energy spurred by soaring oil prices, but faces major …

Sri Lankan turbine project fuels anger as fish hauls plunge

Oct 25 2026

Beneath rotating wind turbines on Sri Lanka's Mannar peninsula, a fishing net is hauled up the beach by tractor winches …

'Tech debt coming due': AI-found flaw signals chaos ahead

Oct 25 2026

Companies and government agencies rushed this week to patch two critical flaws in PHP, the programming language that …

Fed expected to hold rates steady days ahead of US midterms

Oct 25 2026

The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite …

Trapped: Soaring fuel costs hurt Maine lobster industry before midterms

Oct 24 2026

Lobsterman Steve Train starts every workday before dawn about $1,000 in the hole, a hike in expenses driven by soaring …

Oil tops $116 with stocks mixed on earnings, AI

Oct 23 2026

Oil prices rose to their highest levels since late April on Friday, with benchmark crude contract Brent North Sea …

Oil hits $116 with stocks mixed on earnings, AI

Oct 23 2026

Oil prices traded at five-month highs on Friday, with benchmark crude contract Brent North Sea rising above $116 a …

China's first AI film hits cinemas, but ticket sales lag

Oct 23 2026

China's first fully AI-generated feature film opens in cinemas on Friday in what promises to be a tough box-office test …

Oil hits $115 with stocks mixed on earnings, AI

Oct 23 2026

Oil prices traded at five-month highs on Friday, with benchmark crude contract Brent North Sea rising above $115 a …

Tanker with Russian diesel heads to New York under Trump deal

Oct 23 2026

A tanker filled with Russian diesel is headed for New York, maritime trackers and the Kremlin confirmed Friday, after …

Oil nears $115 with stocks mixed on earnings, AI

Oct 23 2026

Oil prices traded at five-month highs Friday, with benchmark crude contract Brent North Sea near $115 a barrel, as the …

Volvo Cars shares plunge on losses, job cuts

Oct 23 2026

Shares in Swedish carmaker Volvo Cars plunged Friday after it said US tariffs and strong competition from local brands …

'Call of Duty' seeks to win back fans with warfare spectacle

Oct 23 2026

The latest instalment in the "Call of Duty" video game franchise, arriving Friday, brings back the high-adrenaline …

Asian stocks mixed ahead of weekend as tech recovers early losses

Oct 23 2026

Asian equities were mixed Friday as tech firms managed to claw back some early losses on bargain-buying at the end of …

Kering shares tumble as Gucci fails to reassure investors

Oct 23 2026

Kering shares were down more than 10 percent in Paris Friday after the French luxury group published results that failed …

India stirs up its gastronomy with French cooking schools

Oct 23 2026

Fiercely proud of its culinary traditions, India is increasingly open to foreign influences, with French cooking schools …

Asian stocks head into weekend on a low as tech extends losses

Oct 23 2026

Asian stocks sank again Friday as tech firms took another beating from investors increasingly losing faith in the …

How are Ukraine strikes, Mideast war driving US fuel prices?

Oct 23 2026

Ahead of next month's midterm US elections, Donald Trump has increasingly blamed Ukrainian strikes on Russian refineries …

Napa Valley's wineries feel Trump's tariff squeeze

Oct 23 2026

Napa Valley rocketed to international fame when its vintages shocked French rivals in a high-profile blind tasting …

From tech giants to anonymous nonprofits, the biggest donors in US midterms

Oct 23 2026

The 15 largest contributors in the upcoming US midterm elections have donated over $1.5 billion, an AFP analysis of …

Judge orders Trump to give deposition in BBC lawsuit by Dec 11

Oct 23 2026

A US judge on Thursday issued President Donald Trump a December 11 deadline to testify under oath in his $10 billion …

Musk wants to merge SpaceX and Tesla: Here's what to know

Oct 22 2026

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest …

Musk's wants to merge SpaceX and Tesla: Here's what to know

Oct 22 2026

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest …

Global markets retreat as tech mood sours, oil prices jump

Oct 22 2026

Global equity markets mostly sank Thursday as tech firms resumed their downward spiral following a mixed bag of earnings …

Pentagon, Lockheed announce agreement for 850 F-35 jets over 10 years

Oct 22 2026

The Pentagon and Lockheed Martin on Thursday announced a 10-year agreement for the production of 850 F-35 warplanes, …

Canada opens free trade talks with Turkey

Oct 22 2026

Canada, locked in a trade war with the United States, opened talks with Turkey Thursday on a free trade agreement during …

Rekindled Gucci desirability fails to light flame under Kering sales

Oct 22 2026

Efforts to rekindle the desirability of troubled Italian fashion house Gucci failed to boost sales in the third quarter, …

L'Oreal sees double-digit sales growth

Oct 22 2026

L'Oreal said Thursday its third quarter sales rose by double digits as the French cosmetics giant appeared to have …

Finland grants licence for world's first nuclear waste repository

Oct 22 2026

Finland's government has granted an operating licence for the world's first permanent repository for radioactive spent …

Stocks retreat as tech mood sours, oil prices jump

Oct 22 2026

Equities sank Thursday as tech firms resumed their downward spiral following a mixed bag of earnings from Wall Street …

Pentagon, Lockheed announce deal for 850 F-35 jets over 10 years

Oct 22 2026

The Pentagon and Lockheed Martin announced Thursday a 10-year agreement for the production of 850 F-35 warplanes, …

Nvidia boss criticises 'cheap' AI doomsday warnings

Oct 22 2026

AI chip giant Nvidia's boss Jensen Huang said on Thursday that warnings artificial intelligence could wipe out humanity …

Grabbing a bargain: Japan's claw machines cash in on inflation

Oct 22 2026

With one eye on her baby in a pushchair, Minae Kamata operates an arcade machine in a Tokyo suburb, manipulating a claw …

Barclays bank to cut about 5,000 jobs amid AI drive 

Oct 22 2026

British bank Barclays announced Thursday plans to cut around 5,000 jobs, or roughly five percent of its global …

Asian stocks retreat as tech mood sours again

Oct 22 2026

Equities sank in Asia Thursday as tech firms resumed their downward spiral following a mixed bag of earnings from Wall …

Thales sales jump on European rearmament, satellite systems

Oct 22 2026

French aerospace and defence group Thales said third-quarter sales and orders rose strongly as it benefited from higher …

Focus turns to firms as Indonesia fire haze worsens

Oct 22 2026

After months of fires in Indonesia that have caused thick regional haze, attention is turning to whether companies can …

Websites go dark as AI exposes critical security flaws

Oct 22 2026

Government agencies and companies around the world shut down websites as they raced Thursday to protect themselves from …

Websites down: what is PHP and how has it raised AI hacking fears?

Oct 22 2026

Artificial intelligence has found critical security flaws in a major programming language called PHP, with many websites …

Asian stocks back in retreat as tech mood sours again

Oct 22 2026

Equities sank Thursday in Asia as tech firms resumed their downward spiral following a mixed bag of earnings from Wall …

Why Chile's copper output is sinking despite booming demand

Oct 22 2026

The world is hungrier than ever for copper, a key ingredient in green energy and the data centers that power artificial …

Tesla profits fall on higher spending as 'Elon Inc.' talk builds

Oct 22 2026

Tesla reported lower third-quarter profits Wednesday as near-trillionaire Elon Musk's electric vehicle maker ramped up …

Musk threatens Democrats teeing up congressional probes

Oct 22 2026

Elon Musk, President Donald Trump's multi-billionaire ally, on Wednesday threatened Democrats who want to investigate …

Judge orders Meta to pay $25 bn to New Mexico in Cambridge Analytica case

Oct 22 2026

A New Mexico judge ruled Wednesday that Meta must pay $25 billion to the state after a jury found last month that the …

Tesla profits drop on tech spending spree as 'Elon Inc.' talk builds

Oct 21 2026

Tesla reported lower third-quarter profits Wednesday as near-trillionaire Elon Musk's electric vehicle maker ramped up …

X Community Notes 'failed' to flag US election falsehoods, study says

Oct 21 2026

A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the …

eBay to slash 1,000 more jobs, around 9% of workforce

Oct 21 2026

US e-commerce platform eBay will cut some 1,000 jobs, or about nine percent of its workforce, a spokesperson told AFP on …

Tesla profits drop but top analyst estimates

Oct 21 2026

Tesla reported a drop in third-quarter profits Wednesday but topped analyst estimates as multi-billionaire Elon Musk's …

Walmart welcomes AI agents as Anthropic launches its own

Oct 21 2026

US shopping giant Walmart on Wednesday unveiled tools allowing artificial intelligence agents such as Meta’s Muse to …

Musk's SpaceX results lift global stock markets

Oct 21 2026

Global stock markets rose Wednesday, boosted by news that Elon Musk's SpaceX reported its first quarterly profit as a …

Champagne puts cork in project to expand production area

Oct 21 2026

Champagne winegrowers said Thursday they were dropping a 23-year-old study into expanding the area that can produce …

Websites go dark worldwide as AI exposes critical security flaws

Oct 21 2026

Government agencies and companies around the world shut down websites Wednesday after two critical flaws came to light …

Musk's SpaceX helps launch stock market gains

Oct 21 2026

Stock markets mostly rose Wednesday, with sentiment boosted by news that Elon Musk's SpaceX reported its first quarterly …

Low Rhine weighed on German growth: central bank

Oct 21 2026

The German economy likely contracted in the third quarter as record low levels on the Rhine river caused by heatwaves …

OpenAI says its AI agents disabled their own safety monitors

Oct 21 2026

OpenAI has revealed that two of its artificial intelligence agents disabled or weakened systems built to catch them …

South Africa eases fuel pain as growth slows

Oct 21 2026

South Africa announced fresh fuel-relief measures on Wednesday to cushion motorists and commuters battered by record …

UK approves drilling in controversial Jackdaw gas field

Oct 21 2026

Britain's Labour government announced plans Wednesday to start drilling in a controversial gas field in the North Sea, …

China export ban hits tungsten, crucial metal for defence, industry

Oct 21 2026

Prices for tungsten, an ultra-hard metal that is key for the defence industry, have soared to record highs since China …

Nvidia's Huang urges Europe to go all in on AI

Oct 21 2026

European companies from automakers to drug firms to banks need to embrace artificial intelligence, Nvidia CEO Jensen …

Five things to know as French bond yield tops 5%

Oct 21 2026

A sell-off in French government bonds amid a budget standoff and after violent protests pushed the yield on the …

Impacts of UK's new North Sea gas drilling

Oct 21 2026

With wars in the Middle East and Ukraine putting pressure on global energy markets, Britain has approved drilling at a …

France's tourism sector worried about impact of riots

Oct 21 2026

The images of France's riots posted and broadcast around the world have cast a pall on the country's important tourism …

Musk's SpaceX helps fuel stock market gains

Oct 21 2026

Stock markets mostly rose Wednesday, with sentiment boosted by news that Elon Musk's SpaceX reported its first quarterly …

Indonesia leader hits out at market downgrade warning

Oct 21 2026

Indonesia's president lashed out at MSCI on Wednesday, accusing the index compiler of "trying to scare us" over its …

Authors urge UK to halt 'draconian' Palestine Action ban as Rooney sales end

Oct 21 2026

More than 150 writers and personalities signed an open letter Wednesday urging the UK government to amend its …

Carrefour shares plunge after profit warning on French protests

Oct 21 2026

Carrefour, France's largest publicly traded retailing group, saw its shares drop more than 13 percent Wednesday after it …

Asian stocks rally as tech firms enjoy bounce ahead of key earnings

Oct 21 2026

Asian markets rallied on Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat …

Rising UK inflation, debt knocks govt ahead of budget

Oct 21 2026

UK inflation and public borrowing rose more than expected in September, official data showed Wednesday, heaping pressure …

UK govt approves drilling in controversial Jackdaw gas field

Oct 21 2026

Britain's government announced Wednesday it had approved plans to begin drilling in a controversial gas field in the …