Business and Tech
Asian markets on front foot as US jobs data provide new rate cheer
AFP - 25m ago
Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked …
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Venezuela, Guyana tensions rise over disputed oil-rich region
AFP - 52m ago
Tensions rose between Venezuela and Guyana on Tuesday as Caracas proposed a bill to create a Venezuelan province in a …
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Southeast Asia banks on aviation boom
AFP - 3h ago
Major airport expansion projects are taking off across Thailand, Cambodia and Vietnam, and a new airline is set to …
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High speed rail in US west gets $6bn boost
AFP - 1h ago
Proposed high-speed rail lines in the western United States moved a step closer to reality Tuesday with the announcement …
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High speed rail between LA and Las Vegas gets $3bn boost
AFP - 7h ago
A proposed high-speed rail line linking Los Angeles with the US gambling and entertainment capital Las Vegas moved …
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Washington Post staff to strike on Thursday
Dec 05 2023
Hundreds of staff at The Washington Post, one of America's most storied newspapers, will walk off the job for 24 hours …
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23andMe says hackers saw data from millions of users
Dec 05 2023
Personal genetics firm 23andMe on Tuesday confirmed that hackers using stolen passwords accessed the personal …
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US antitrust regulators probe ExxonMobil's Pioneer deal
Dec 05 2023
US antitrust officials are seeking additional information related to ExxonMobil's megadeal to acquire Pioneer Natural …
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'Bad buzz': How video games learnt to embrace diversity
Dec 05 2023
The most notorious, violent and often sexist video game "Grand Theft Auto" is finally dropping a playable woman …
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Doctors in England to stage longest NHS strike ever
Dec 05 2023
Hospital doctors in England plan to strike around Christmas in their longest industrial action in the history of …
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Stock markets diverge as traders temper rate-cut bets
Dec 05 2023
Major stock markets diverged Tuesday, with analysts warning November's rally fuelled by bets on interest rate cuts may …
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Climate change by numbers
Dec 05 2023
As countries try to hammer out a response to climate change at the COP28 talks in Dubai, here are some key figures about …
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Musk's X defends its Dublin riot response
Dec 05 2023
Social media giant X, formerly known as Twitter, has defended its response to recent rioting in Dublin that was in part …
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'Where is our future': Uganda declares war on used clothing
Dec 05 2023
For nearly three decades, the chaotic, overcrowded Owino secondhand market in Uganda's capital has been the cornerstone …
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Grand Theft Auto VI: What we learned from the trailer
Dec 05 2023
Fans around the world exploded with excitement Monday when Rockstar Games released the first trailer for Grand Theft …
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Moody's downgrades outlook on China credit rating over debt fears
Dec 05 2023
Ratings agency Moody's on Tuesday downgraded the outlook on China's credit rating to "negative" from "stable" on the …
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Asian, European markets drop as traders temper rate cut bets
Dec 05 2023
Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets …
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Asian markets drop as traders temper rate cut bets
Dec 05 2023
Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets …
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'Grand Theft Auto VI' trailer drops, flagging 2025 release
Dec 05 2023
The first trailer for "Grand Theft Auto VI" hit YouTube in a surprise, ahead-of-schedule post on Monday, promising a …
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Hollywood braces for actors' vote on strike deal
Dec 05 2023
Hollywood on Tuesday anxiously waited to learn if actors have approved their union's hard-fought deal with studios, or …
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US YouTuber who staged plane crash jailed for six months
Dec 05 2023
A daredevil YouTuber who deliberately crashed his plane to boost the number of viewers on his channel and then lied …
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Grand Theft Auto: built for the long haul
Dec 05 2023
In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" …
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Crunch time for EU-Mercosur deal at Rio summit
Dec 05 2023
The fate of a long-awaited but controversial Europe-South America trade deal hangs in the balance this week when …
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Premier League announces record $8.45 bn domestic TV deal
Dec 05 2023
The Premier League announced on Monday it had agreed a record £6.7 billion ($8.45 billion) domestic television rights …
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Canada's public broadcaster to cut 10% of workforce
Dec 04 2023
Canada's public broadcaster on Monday announced it would cut 600 jobs, or 10 percent of its workforce, as it confronts …
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Divided US high court hears challenge to $6bn Purdue opioid settlement
Dec 04 2023
The US Supreme Court appeared divided on Monday as it heard a challenge to Purdue Pharma's $6 billion opioids settlement …
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Banque Pictet to pay nearly $123 mn over secret bank accounts
Dec 04 2023
Banque Pictet et Cie will pay nearly $123 million under a deferred prosecution agreement in which the private bank …
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Saudi Arabia says 'absolutely not' to oil phaseout at COP28
Dec 04 2023
Saudi Arabia's energy minister has slammed the door shut on agreeing to phase out fossil fuels at the UN's COP28 climate …
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Spotify cuts around 1,500 jobs as growth slows
Dec 04 2023
Music streaming giant Spotify said Monday it would reduce its number of employees by around 17 percent in a bid to cut …
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UK has record £16.9bn shortfall in defence budget: watchdog
Dec 04 2023
The UK's defence department is facing a £16.9 billion ($21.4 billion) shortfall in its equipment budget due to inflation …
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Rights orgs sue Netherlands over F-35 parts to Israel
Dec 04 2023
A group of human rights organisations took the Dutch government to court on Monday, arguing its supply of parts for F-35 …
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Turkey's inflation ticks up to 62%
Dec 04 2023
Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing …
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Gold strikes record on rate cut bets but equities struggle
Dec 04 2023
Gold hit a fresh record Monday on growing optimism the Federal Reserve will cut interest rates in the new year, with …
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Gold jumps to record on rate cut bets but equities struggle
Dec 04 2023
Gold hit a fresh record Monday on growing optimism the Federal Reserve will cut interest rates in the new year, with …
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Chasing weight loss dream, many in US seek Ozempic alternatives
Dec 04 2023
Like many Americans struggling to lose weight, Marissa Montanino felt compelled to try Ozempic or one of the other new …
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Bitcoin soars past $40,000 on optimism for US trading approval
Dec 04 2023
Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will …
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What we know about Evergrande's financial future
Dec 04 2023
A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a …
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US high court to hear challenge to $6bn Purdue opioid settlement
Dec 04 2023
The US Supreme Court is to hear a challenge on Monday to Purdue Pharma's $6 billion opioids settlement immunizing the …
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Indonesia's coal love affair still aflame despite pledges
Dec 04 2023
Sania sits in front of her home in Indonesia, less than a kilometre from Southeast Asia's biggest coal complex, where …
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Alaska Airlines to buy Hawaiian Airlines for $1.9 bn
Dec 04 2023
Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the …
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At COP28, Al Gore takes aim at host UAE's emissions
Dec 03 2023
Armed with satellite images of pipelines, former US vice president and climate champion Al Gore singled out the …
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Maghreb farmers embrace drones to fight climate change
Dec 03 2023
A drone buzzed back and forth above rows of verdant orange trees planted near Nabeul, eastern Tunisia.
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US Commerce chief warns against China 'threat'
Dec 02 2023
US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting …
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To greenwash or do the right thing? Corporate dilemmas at COP28
Dec 02 2023
They call the giant climate business expo running outside the COP28 United Nations talks in Dubai the "green zone".
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Nuclear power has role to play, atomic energy head tells AFP at COP28
Dec 02 2023
It would be a mistake to reject nuclear power because of problems at a handful of projects, Rafael Grossi, head of the …
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Montreal research hub spearheads global AI ethics debate
Dec 02 2023
Rapid developments in artificial intelligence -- and recent turmoil at industry powerhouse OpenAI -- have brought fresh …
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IMF to revise regional outlook over Israel-Hamas conflict
Dec 01 2023
The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region due to the …
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With outburst, Musk puts X's survival in the balance
Dec 01 2023
Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network …
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Spaniard accused of helping N.Korea evade US sanctions arrested
Dec 01 2023
Spanish police on Friday said they had arrested a man wanted by Washington for allegedly conspiring with cryptocurrency …
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Spaniard arrested for helping N.Korea evade US sanctions
Dec 01 2023
Spanish police on Friday said they had arrested a man wanted by Washington for allegedly conspiring with cryptocurrency …
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US Fed Chair Jerome Powell calls rate cut speculation 'premature'
Dec 01 2023
It is still "premature" to speculate on when the US Federal Reserve will start cutting interest rates despite the bank's …
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Stocks grind higher on interest rate expectations
Dec 01 2023
US and European stocks mostly rose on Friday as investors continued to anticipate a drop in interest rates as inflation …
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UK unveils £11 bn windfarm investment by UAE, German firms
Dec 01 2023
UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant …
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First trailer for "Grand Theft Auto VI" on December 5
Dec 01 2023
Rockstar Games said it will release a trailer next Tuesday for the first installment in a decade of "Grand Theft Auto," …
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Designer Matthew Williams leaves Givenchy
Dec 01 2023
Fashion designer Matthew Williams is leaving Givenchy after three years as creative director, the French luxury brand …
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Stocks mixed tracking cooler inflation, weak growth
Dec 01 2023
Global stocks markets moved in different directions on Friday as investors weighed a cooler inflation environment …
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EU wants to know how Meta tackles child sex abuse
Dec 01 2023
The EU on Friday demanded Instagram-owner Meta provide more information about measures taken by the company to address …
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Inflation, unemployment weigh on DR Congo leader's economic gains
Dec 01 2023
President Felix Tshisekedi, who once vowed to transform DR Congo into "the Germany of Africa", has promised to create …
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British train drivers set to continue pay strike
Dec 01 2023
Train drivers belonging to Britain's Aslef union on Friday voted to continue strike action for the next six months in a …
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British inventor Dyson loses Brexit libel claim
Dec 01 2023
The billionaire inventor James Dyson has lost a libel action against a British newspaper which commented on how he …
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Regional tourism a casualty in Israel-Hamas conflict
Dec 01 2023
Tourists are abandoning the Middle East region due to the conflict between Israel and Hamas, putting at risk nations …
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Asian markets mixed even as US data fuels rate cut talk
Dec 01 2023
Asian markets diverged Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation …
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COP28: Why energy efficiency matters so much
Dec 01 2023
If we are to save the planet, we are going to have to use energy far more efficiently.
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US judge halts pending TikTok ban in Montana
Dec 01 2023
A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the …
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UK's HS2: trying to bridge the gap between cost and ambition
Dec 01 2023
The unfinished Colne Valley Viaduct traces a gentle curve over several lakes northwest of London, a picturesque symbol …
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Asian markets struggle even as US data fuels rate cut talk
Dec 01 2023
Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation …
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Meta sues US regulator to stop privacy settlement change
Dec 01 2023
Meta filed a lawsuit late Wednesday arguing that US regulators planning to change the terms of a 2020 privacy settlement …
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COP28 puts spotlight on state oil giants
Dec 01 2023
Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a …
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After success abroad, Saudi designers hit the runway at home
Dec 01 2023
Couturier Adnan Akbar's past clients included Princess Diana and two French first ladies, but until recently he had …
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Canadian mining firm seeks to suspend 7,000 workers in Panama
Dec 01 2023
Canadian firm First Quantum Minerals on Thursday asked Panama's government to suspend the contracts of some 7,000 …
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Russian pleads guilty in US to role in Trickbot malware scheme
Nov 30 2023
A Russian man pleaded guilty on Thursday to involvement in developing the Trickbot malware used to extort businesses, …
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Giddy Musk unveils Cybertruck in Tesla's latest defiant bet
Nov 30 2023
Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that …
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UK to probe of UAE-backed takeover of Telegraph
Nov 30 2023
The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of …
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OPEC+ mulls further output cuts to boost flagging prices
Nov 30 2023
Major oil-producing nations led by Riyadh and Moscow were moving towards an agreement to further slash production to …
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US Fed's favored inflation gauge slows in October
Nov 30 2023
A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining …
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Falling inflation fuels rise in stocks
Nov 30 2023
A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US …
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Hundreds of new oil and gas projects approved despite climate crisis
Nov 30 2023
More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new …
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Former UK finance minister Alistair Darling dies aged 70: family
Nov 30 2023
Alistair Darling, the UK finance minister when the 2008 financial crisis hit, has died at the age of 70 following a …
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Eurozone inflation falls to more than two-year low
Nov 30 2023
Inflation in the eurozone fell to its lowest level in more than two years in November, official data showed Thursday, …
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UK's RMT union members accept pay deal to end long-running rail strikes
Nov 30 2023
The RMT rail union on Thursday said its members have voted in favour of a pay deal to end more than a year of walkouts …
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Stock markets rise with inflation on radar
Nov 30 2023
Stock markets rose Thursday before publication of key US inflation data and as investors reacted to mixed economic news …
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Intense talks as OPEC+ meets to decide over output amid tumbling prices
Nov 30 2023
Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy …
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'More than a chatbot': Google touts firm's AI tech
Nov 30 2023
Google's position as king of the search engines is under threat like never before, but the firm's global policy chief …
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Markets rise ahead of US inflation, but rate cut hopes build
Nov 30 2023
Asian markets ticked higher Thursday, with focus on the release of key US inflation data that comes as traders ramp up …
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Markets drift ahead of US inflation, but rate cut hopes build
Nov 30 2023
Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US …
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Musk's latest gamble: Tesla Cybertruck set for debut
Nov 30 2023
Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival …
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Ottawa, Google reach 'historic' deal to support Canadian media
Nov 30 2023
The Canadian government and Google announced Wednesday a "historic" deal to support the country's media, heading off an …
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Musk regrets controversial post but won't bow to advertiser 'blackmail'
Nov 30 2023
Elon Musk apologized Wednesday for endorsing a social media post widely seen as anti-Semitic, but accused advertisers …
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US slaps sanctions on crypto mixer used by N.Koreans for laundering
Nov 29 2023
The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool …
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US Fed finds signs of slowing economic activity
Nov 29 2023
US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve …
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Ottawa, Google reach deal to support Canadian media
Nov 29 2023
The Canadian government and Google have reached a deal to support the country's media, heading off an imminent threat by …
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European, US stock markets up as bets build on rate cuts
Nov 29 2023
Europe's main stock markets mostly rose Wednesday while Wall Street held onto gains as traders ramped up bets on the US …
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European, US stock markets climb as bets build on rate cuts
Nov 29 2023
Wall Street and Europe's main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve …
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With auto strike over, GM announces big share buybacks
Nov 29 2023
General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its …
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COP28 president denies using climate talks to push oil deals
Nov 29 2023
The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency of the …
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Saudi wealth fund scoops up 10% of London Heathrow airport
Nov 29 2023
Saudi Arabia's sovereign wealth fund is to buy ten percent of London's Heathrow airport from Spanish infrastructure …
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Ikea net profit surges in 2023 as sales rise
Nov 29 2023
Swedish furniture giant Ikea saw a five-fold increase in net profit for its full-year 2023 which ended in August, …
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Austrian property tycoon's Signa to file for insolvency
Nov 29 2023
Rene Benko's real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on …
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UAE to pump CO2 into rock as carbon capture debate rages
Nov 29 2023
High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it …
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European stock markets climb as bets build on rate cuts
Nov 29 2023
Europe's main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve cutting …
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OECD trims global growth forecast, warns of conflict risk
Nov 29 2023
The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its growth …
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Austria property giant Signa to file for insolvency
Nov 29 2023
Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday …
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