Business and Economy

US-Vietnam trade deal sows new China uncertainty
AFP - 8m ago
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts …
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Drought-hit Morocco turns to desalination to save vegetable bounty
AFP - 2h ago
On the drought-stricken plains of Morocco's Chtouka region, cherry tomato farms stretch as far as the eye can see, …
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Asian stocks mixed as traders shrug at US-Vietnam trade deal
AFP - 2h ago
Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the …
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In US capital, Trump tariffs bite into restaurant profits
AFP - 4h ago
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher …
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Fate of major trade deal with EU hangs over Mercosur summit
Jul 02 2025
The fate of a landmark trade deal with the European Union, which France is trying to block, loomed over a gathering of …
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UK's Starmer backs finance minister after tears in parliament
Jul 02 2025
UK Prime Minister Keir Starmer on Wednesday said that finance minister Rachel Reeves would remain in her role for "a …
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US stocks back at records as oil prices rally
Jul 02 2025
Major US stock indices closed at fresh records Wednesday following a US-Vietnam trade deal, while oil prices jumped …
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US senator urges bribery probe over Trump-Paramount settlement
Jul 02 2025
A US senator renewed calls Wednesday for a bribery investigation into Paramount following its $16 million settlement …
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Tesla reports lower car sales, extending slump
Jul 02 2025
Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric …
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Trump says Vietnam to face 20% tariff under 'great' deal
Jul 02 2025
President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would …
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Wall Street shrugs off drop US private sector jobs
Jul 02 2025
Wall Street on Wednesday largely shrugged off data showing an unexpected drop in US private sector jobs and US President …
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Tesla reports lower car sales but figures better than feared
Jul 02 2025
Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric …
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French court convicts ex-Ubisoft bosses for workplace harassment
Jul 02 2025
A French court sentenced three former Ubisoft executives on Wednesday to suspended prison terms for enabling a culture …
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Stocks stuck as US private sector jobs disappoint, UK's Reeves future uncertain
Jul 02 2025
Stock markets were stuck Wednesday as US President Donald Trump ruled out a fresh tariffs delay and the US private …
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UK govt backs finance minister after tears in parliament
Jul 02 2025
The British government said Wednesday that finance minister Rachel Reeves was "going nowhere" after she appeared visibly …
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US private sector shed jobs for first time in recent years: ADP
Jul 02 2025
The US private sector unexpectedly lost jobs in June, according to data from payroll firm ADP on Wednesday, a potential …
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Public or private? Funding debate splits reeling aid sector
Jul 02 2025
As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the …
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Stocks diverge as tariffs deadline looms
Jul 02 2025
Stock markets diverged and the dollar rose Wednesday as US President Donald Trump ruled out a fresh delay to reciprocal …
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Hong Kong to regain IPO crown this year, say PwC and Deloitte
Jul 02 2025
Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and …
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Fire that closed Heathrow traced to unrepaired transformer
Jul 02 2025
A fire at an electrical substation that forced a shutdown at London's Heathrow Airport in March was likely caused by …
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Asian markets mixed as trade deal cut-off looms
Jul 02 2025
Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff …
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'Writing is thinking': do students who use ChatGPT learn less?
Jul 02 2025
When Jocelyn Leitzinger had her university students write about times in their lives they had witnessed discrimination, …
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Australian airline Qantas says hit by 'significant' cyberattack
Jul 02 2025
Australian airline Qantas said Wednesday it was investigating a "significant" cyberattack, after hackers infiltrated a …
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India exporters cautiously optimistic as US tariff deadline looms
Jul 02 2025
Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump's punishing tariffs next week, though …
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Philippines biodiversity hotspot pushes back on mining
Jul 02 2025
A nickel stockpile towers over farmer Moharen Tambiling's rice paddy in the Philippines' Palawan, evidence of a mining …
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Deal or no deal: What happens with Trump's July tariff deadline?
Jul 02 2025
A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many …
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Global stocks mixed as markets track US trade deal prospects
Jul 01 2025
Global stocks were mixed Tuesday as markets monitored congressional progress on Donald Trump's massive tax and spending …
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Big automakers report US sales jump on pre-tariff consumer surge
Jul 01 2025
Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the …
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UK govt guts key welfare reforms to win vote after internal rebellion
Jul 01 2025
UK Prime Minister Keir Starmer avoided a humiliating parliamentary defeat on key welfare reforms Tuesday, after making …
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French league launches own channel to broadcast Ligue 1
Jul 01 2025
The French football league (LFP) announced on Tuesday the creation of its own channel to broadcast Ligue 1 matches next …
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UN aid meeting seeks end to Global South debt crisis
Jul 01 2025
More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing …
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Trump ramps up Musk feud with deportation threat
Jul 01 2025
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech …
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US Senate approves divisive Trump spending bill
Jul 01 2025
The Republican-led US Senate approved President Donald Trump's mammoth domestic policy bill Tuesday by the narrowest of …
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IMF urges Swiss to strengthen bank resilience
Jul 01 2025
The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the …
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UK govt braces for crunch welfare reforms vote amid major rebellion
Jul 01 2025
UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday, as MPs …
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Stocks diverge while tracking US trade deal prospects
Jul 01 2025
European stocks ended mixed on Tuesday while Wall Street indices diverged after marching towards records as investors …
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US Republicans close in on make-or-break Trump mega-bill vote
Jul 01 2025
US senators raced towards a final vote Tuesday on President Donald Trump's mammoth domestic policy bill, as Republicans …
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Trump ramps up Musk feud with deportation, DOGE threats
Jul 01 2025
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech …
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Stocks retreat as profit-taking follows Wall Street records
Jul 01 2025
US and European stocks were mostly lower on Tuesday after Wall Street indexes closed the second quarter at record highs, …
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Trump says will 'take a look' at deporting Musk
Jul 01 2025
US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire …
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Greece starts charging tourist tax on cruises
Jul 01 2025
Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor …
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US Senate push to pass Trump's unpopular spending bill enters second day
Jul 01 2025
Republican senators struggled Tuesday for a second day to pass President Donald Trump's flagship spending bill, which …
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Stocks struggle tracking US trade deal prospects
Jul 01 2025
Most stock markets retreated Tuesday and the dollar dipped as investors weighed the prospect of US trade deals being …
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UK govt faces major rebellion in welfare vote
Jul 01 2025
UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday with …
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Indian capital bans fuel for old cars in anti-pollution bid
Jul 01 2025
India's capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity's …
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Asian stocks rise on trade deal hopes, Tokyo hit by Trump warning
Jul 01 2025
Asian stocks rose Tuesday amid optimism countries will strike US trade deals, but Tokyo's Nikkei sank after Donald Trump …
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CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors
Jul 01 2025
Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the …
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Asian stocks rise on trade deal hopes, Tokyo hit by tariff warning
Jul 01 2025
Asian stocks rose Tuesday amid optimism countries will strike US trade deals, though Tokyo's Nikkei sank after Donald …
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US judge orders Argentina to sell 51% stake in oil firm YPF
Jul 01 2025
A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to …
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EPA employees accuse Trump administration of 'ignoring' science
Jun 30 2025
US President Donald Trump's administration is "ignoring the scientific consensus to benefit polluters," hundreds of …
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Wall Street stocks rally further on trade and tax deal optimism
Jun 30 2025
Wall Street stocks pushed into new record territory on Monday amid optimism the United States would reach trade deals …
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NASA eyes summer streaming liftoff on Netflix
Jun 30 2025
Streaming giant Netflix said Monday it will soon allow viewers to binge rocket launches and spacewalks through a …
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Meta's AI talent war raises questions about strategy
Jun 30 2025
Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about …
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White House says Canada 'caved' to Trump on tech tax
Jun 30 2025
The White House said Monday that Canadian Prime Minister Mark Carney had "caved" to President Donald Trump, after Canada …
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S.Africa's ex-transport bosses charged over Zuma-era graft case
Jun 30 2025
Four former executives at South Africa's failing transport company were arrested and charged Monday over allegations of …
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Nigeria theme park offers escape from biting economy
Jun 30 2025
Guests poured in through an entry gate on the ground floor of a castle. Inside, vendors dressed as medieval court …
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ADB acting on US concerns over China, bank chief tells AFP
Jun 30 2025
The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president …
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UN chief urges aid surge in world of 'climate chaos, raging conflicts'
Jun 30 2025
UN chief Antonio Guterres urged the world to "rev up the engine of development" at an aid conference on Monday as US-led …
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Wall Street stocks rally further on trade deal optimism
Jun 30 2025
Wall Street stocks pushed into record territory yet again on Monday amid optimism the United States would reach trade …
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NGO loses bid to block UK export of military equipment to Israel
Jun 30 2025
The High Court in London rejected a legal challenge on Monday brought by a Palestinian rights group seeking to block the …
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Stocks muted as investors eye US trade talks
Jun 30 2025
Global equities steadied Monday as investors kept tabs on countries' efforts to strike trade deals with the United …
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Most Asian stocks rise as investors eye US trade talks
Jun 30 2025
Equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts …
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'Embracing AI': TomTom cuts 300 jobs
Jun 30 2025
Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as …
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Bangladesh's biggest port resumes operations as strike ends
Jun 30 2025
Bangladesh's biggest port resumed operations on Monday after customs officials called off a strike that had disrupted …
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Tougher Singapore crypto regulations kick in
Jun 30 2025
Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence …
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China's top diplomat visits Europe pitching closer ties in 'volatile' world
Jun 30 2025
China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of …
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Canada rescinds tax on US tech firms in hopes of Trump trade deal
Jun 30 2025
Canada will rescind taxes impacting US tech firms that had prompted President Donald Trump to retaliate by calling off …
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Meta spending big on AI talent but will it pay off?
Jun 30 2025
Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial …
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Trump says 'very wealthy' group to buy TikTok
Jun 29 2025
President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United …
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Strike shuts down Bangladesh's biggest port
Jun 29 2025
Operations at Bangladesh's biggest port were suspended on Sunday as a strike by customs officials brought shipping …
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Trump metal tariffs wreak havoc on US factory
Jun 29 2025
In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape -- but tempers are …
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'Eat the rich': Venice protests shadow Bezos wedding
Jun 28 2025
At least 500 protesters marched through Venice on Saturday, condemning Amazon founder Jeff Bezos's wedding to journalist …
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Trump ends trade talks with Canada over tax hitting US tech firms
Jun 27 2025
President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting …
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US stocks back at records on US-China trade progress
Jun 27 2025
Wall Street stocks finished at fresh records Friday as US-China trade progress restored the market to its heights prior …
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US inflation edges up as Trump renews criticism of Fed chief
Jun 27 2025
The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering …
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Trump ends trade talks with Canada over tax on US tech firms
Jun 27 2025
President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting …
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US stocks hit record on US-China trade progress
Jun 27 2025
Wall Street climbed into record territory Friday as the United States and China moved closer to a trade deal and …
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UK govt climbs down on welfare cuts in latest U-turn
Jun 27 2025
The UK government backed down Friday on controversial plans to slash disability and sickness benefits after a major …
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US Fed's preferred inflation gauge picks up as tariff effects loom
Jun 27 2025
The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed …
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Anna Wintour steps down as US Vogue editor after nearly 40 years
Jun 27 2025
Magazine legend Anna Wintour stepped down as editor of US Vogue on Thursday after 37 years during which she was often …
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Stocks rise as US-China reach trade deal framework
Jun 27 2025
European stocks rose Friday as the United States and China moved closer to a trade deal and as hopes of a further delay …
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Spain makes Booking.com scrap 4,000 tourist rental ads
Jun 27 2025
Online hotel booking giant Booking.com on Friday said it had taken down thousands of advertisements in Spain in the …
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Dollar holds losses on rate cut bets, trade hope boosts stocks
Jun 27 2025
The dollar held around three-year lows Friday as traders ramp up bets on US interest rate cuts, while most stock markets …
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China confirms trade deal framework reached with United States
Jun 27 2025
China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift …
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Green bonds offer hope, and risk, in Africa's climate fight
Jun 27 2025
It only took two days for Nigeria to raise $59 million through green bonds -- part of a funding drive for climate and …
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Stocks climb, dollar holds on trade hopes and rate bets
Jun 27 2025
Asian markets rose Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US …
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US Treasury signals G7 deal excluding US firms from some taxes
Jun 27 2025
US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US firms to …
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Nike profits sink but company says it is turning a corner
Jun 26 2025
Nike reported sharply lower quarterly profits Thursday, but signaled it was past the worst stage of a corporate …
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Dollar slides as Trump eyes new Fed boss
Jun 26 2025
The dollar hit a three-year low on Thursday as President Donald Trump eyed candidates to succeed Federal Reserve boss …
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Facing EU deadline, Apple announces App Store changes
Jun 26 2025
Apple announced changes to its App Store payment rules in Europe as it hit a Thursday deadline to address accusations of …
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Anna Wintour steps down as editor of US Vogue after nearly 40 years
Jun 26 2025
Magazine legend Anna Wintour is stepping down as editor of fashion bible US Vogue after 37 years in the post, US media …
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Spain court suspends huge Ryanair 'abusive practices' fine
Jun 26 2025
A Spanish court on Thursday said it had temporarily suspended heavy fines the leftist government imposed on budget …
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Nigeria's Tinubu signs major tax overhaul
Jun 26 2025
Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country's tax …
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After NATO deal, how far will EU go for trade peace with Trump?
Jun 26 2025
After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders were meeting in …
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Roblox's Grow a Garden explodes online video game numbers
Jun 26 2025
A gardening game created by a teenager on online platform Roblox has attracted a record 21 million simultaneous players, …
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Bezos wedding festivities kick off in Venice
Jun 26 2025
VIPs whizzed by speed boat through Venice Thursday as the three-day wedding party of Amazon tycoon Jeff Bezos and Lauren …
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US stocks rise, dollar slides as Trump eyes new Fed boss
Jun 26 2025
US stock markets rose and the dollar slid Thursday as President Donald Trump lined up candidates to succeed Federal …
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Stocks mixed with eyes on Mideast, dollar hit by Trump Fed comment
Jun 26 2025
Stocks were mixed Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar …
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H&M sales fall in second quarter on stronger currency
Jun 26 2025
Swedish fashion giant H&M on Thursday reported a drop in sales and profit in the second quarter, as currency effects …
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Migrant money from Russia a lifeline for Central Asia
Jun 26 2025
In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference hall and …
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Global matcha 'obsession' drinks Japan tea farms dry
Jun 26 2025
At a minimalist Los Angeles matcha bar, powdered Japanese tea is prepared with precision, despite a global shortage …
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Tech giants' net zero goals verging on fantasy: researchers
Jun 26 2025
The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they …
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