Business and Tech

German brewery has high hops for powdered beer

AFP - 29m ago

With its golden hue, bittersweet notes and frothy head, Stefan Fritsche's latest brew looks and tastes like any other …

Hong Kong treads fine line on regulating retail crypto trade

AFP - 2h ago

Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed …

Race for US debt deal as talks go to the wire

May 27 2023

Democrats and Republicans seemed within grasping distance Saturday of a deal to end the US debt ceiling standoff, with …

Iraq unveils $17 bn transport project linking Europe and Mideast

May 27 2023

Iraq on Saturday presented an ambitious plan to turn itself into a regional transportation hub by developing its road …

Biden 'hopeful' of imminent US debt deal

May 27 2023

President Joe Biden said Friday that Democratic and Republican negotiators were on the verge of resolving a debt ceiling …

Biden says 'hopeful' on US debt deal within hours

May 26 2023

President Joe Biden said Friday he is "hopeful" for a resolution within hours to the US debt ceiling standoff between …

What happens if US fails to lift debt limit by June 5?

May 26 2023

Treasury Secretary Janet Yellen on Friday updated the date for a possible US debt default to June 5 if Congress fails to …

Global stocks climb on debt deal hopes

May 26 2023

Global stock markets advanced Friday on hopes of progress in negotiations to avert a calamitous US debt default and a …

US debt default negotiators get extra breathing room

May 26 2023

Democrats and Republicans inched towards a deal Friday to avoid a crippling US debt default -- and won a bit of extra …

US, China wrangle on trade in rare talks

May 26 2023

The United States and China sparred over trade issues Friday but promised to keep lines of communication open as …

IMF slightly lifts US 2023 growth forecast

May 26 2023

The International Monetary Fund slightly raised its forecast for 2023 US economic growth Friday while noting that a …

Key facts about Neuralink, Musk's cyborg gamble

May 26 2023

Neuralink, Elon Musk's brain-implant company, has won US approval to test on humans. Here is what to know about the …

'They've gone mad', Putin says of Georgia anti-Kremlin protesters

May 26 2023

President Vladimir Putin on Friday said he was surprised by anti-Kremlin protests in Georgia when Russia resumed air …

Google withdraws 'Slavery Simulator' game app after Brazil outcry

May 26 2023

Google has withdrawn a gaming app that allowed players to buy, sell and torture black virtual "slaves" after a racism …

OpenAI chief seeks to calm fears on job losses

May 26 2023

The boss of OpenAI, the firm behind the massively popular ChatGPT bot, said on Friday that his firm's technology would …

Turkey's bitter election battle nears decision day

May 26 2023

Turkey reached the final stretch Friday of a bitter presidential campaign that has seen Recep Tayyip Erdogan and his …

Washington inches closer to debt deal

May 26 2023

Democrats and Republicans inched towards a deal Friday, ahead of a long weekend, to extend the US debt ceiling and avoid …

BA cancels dozens of Heathrow flights before long weekend

May 26 2023

London's Heathrow airport was hit by disruptions Friday as UK's flag carrier airline British Airways cancelled dozens of …

Stocks climb on debt deal hopes

May 26 2023

Stock markets advanced Friday on talk of progress in negotiations to avert a calamitous US debt default although fresh …

What happens if US fails to lift debt limit by June 1?

May 26 2023

The United States is now less than a week away from reaching its national borrowing limit, with the Treasury repeatedly …

TotalEnergies shareholders back oil giant's climate strategy despite protests

May 26 2023

TotalEnergies shareholders on Friday backed the French oil giant's climate strategy as it faces pressure from both …

'We abuse plastic, it's so cheap': UN Environment chief

May 26 2023

Humanity uses and abuses hundreds of millions of tonnes of plastic a year because "it's so cheap", despite the huge cost …

Washington seen inching closer to debt deal

May 26 2023

Democrats and Republicans inched towards a deal Friday, ahead of a long weekend, to extend the US debt ceiling and avoid …

Stocks advance on debt deal hopes

May 26 2023

Stock markets mostly advanced Friday on talk of progress in talks to avert a calamitous US default draws closer and data …

Oil majors go slow on green transition despite pressure

May 26 2023

Most oil majors are stepping up investments in green energy but they are facing a barrage of recriminations and protests …

Philip Morris boss campaigns to sell more heated tobacco

May 26 2023

US tobacco giant Philip Morris International is fighting to get Britain, France and other countries to make it easier to …

European stock markets struggle on US debt nerves

May 26 2023

Europe's stock markets struggled Friday with investors nervous as a deadline to avert a calamitous US default draws …

French oil giant defends strategy after police teargas climate protesters

May 26 2023

French energy giant TotalEnergies defended its strategy Friday after police teargassed climate activists outside its …

French police teargas protesters at oil giant's meeting

May 26 2023

The annual general meeting of TotalEnergies opened on Friday in Paris after police teargassed climate activists, as the …

Travel industry looks to Chinese tourists to cap post-Covid rebound

May 26 2023

The return of Chinese tourists to destinations worldwide will top off a spectacular post-coronavirus global tourism …

Equity markets mostly rise on US debt ceiling optimism

May 26 2023

Hopes that lawmakers are edging closer to a deal to hike the US debt ceiling lifted spirits on trading floors Friday, …

Washington concerned by China moves against US companies

May 26 2023

US Commerce Secretary Gina Raimondo expressed concern to her Chinese counterpart Wang Wentao on Thursday over Beijing's …

Energy majors go slow on green transition despite pressure

May 26 2023

Most oil majors are stepping up investment in green energy amid rising activist pressure but without abandoning fossil …

Asian markets mostly rise on US debt ceiling optimism

May 26 2023

Hopes that lawmakers are edging closer to a deal to hike the US debt ceiling lifted spirits in Asia on Friday, though …

Musk's Neuralink says cleared for human test of brain implants

May 26 2023

Elon Musk's start-up Neuralink on Thursday said it has approval from US regulators to test its brain implants in people.

Cocaine price crash a blow for Colombian coca growers

May 26 2023

"Carlos," a 36-year-old coca grower in Colombia, is stuck hanging onto kilos of the valuable paste used to make cocaine …

Musk gives Ford access to Tesla's US chargers

May 25 2023

Tesla will open its network of superchargers in the United States and Canada to Ford electric vehicles from 2024, the …

Global stocks struggle but tech shares lifted by AI

May 25 2023

Global stock markets wobbled Thursday as the US debt standoff dragged on and Germany entered recession, but tech shares …

Virgin Galactic resumes spaceflights after two year pause

May 25 2023

Virgin Galactic successfully carried out its first spaceflight in nearly two years Thursday, the company said, after an …

AI chip giant Nvidia nears trillion dollar valuation

May 25 2023

The market valuation of Nvidia, a US firm which specializes in chips coveted in the artificial intelligence boom, neared …

Lufthansa signs deal for stake in Italy's ITA Airways

May 25 2023

Lufthansa agreed on Thursday to buy a stake in ITA Airways, created from the ashes of state-owned Alitalia, marking the …

Markets struggle but tech shares soar over AI

May 25 2023

Global stock markets wobbled Thursday as the US debt standoff dragged on and Germany entered recession, but tech shares …

Ivory Coast imposes fishing bans in bid to conserve stocks

May 25 2023

West African fish exporter Ivory Coast on Thursday announced temporary bans on trawling for tuna and other species in a …

Germany in recession as inflation, higher interest bite

May 25 2023

Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and …

Japan central bank chief admits 'big gap' on women officials

May 25 2023

A "big gap" exists between female representation at Japan's central bank and its overseas counterparts, the bank's new …

PSG's Qatari owners in talks over Sampdoria investment - source

May 25 2023

Qatar Sports Investments, the owners of French champions Paris Saint-Germain, are in negotiations over acquiring a stake …

EU defends split with UK on Microsoft, Activision Blizzard bid

May 25 2023

The EU anti-trust chief on Thursday defended the bloc's decision to approve Microsoft's $69-billion takeover bid for US …

South Korea hails successful launch of homegrown rocket

May 25 2023

South Korea said Thursday it had successfully launched its homegrown Nuri rocket and placed working satellites into …

Markets struggle on German recession, US debt woes

May 25 2023

Global stock markets struggled Thursday following news that Europe's biggest economy Germany has entered recession, and …

South Korea launches homegrown rocket after delay

May 25 2023

South Korea launched its homegrown Nuri rocket on Thursday, officials said, a day after it was forced to postpone due to …

Armenians hacked with Pegasus spyware during war: NGO

May 25 2023

At least a dozen Armenian journalists, NGO workers and officials had their phones hacked with the notorious Pegasus …

Most markets down as US debt impasse sparks Fitch ratings warning

May 25 2023

Most Asian equities sank Thursday on fears of a US default as the struggle to hammer out a debt deal led Fitch to warn …

US, Microsoft warn Chinese hackers attacking 'critical' infrastructure

May 25 2023

State-sponsored Chinese hackers have infiltrated critical US infrastructure networks, the United States, its Western …

Laggard Italy battles EU over green car transition

May 25 2023

Italy's nationalist government is leading the revolt against EU plans to tighten vehicle emissions limits, vowing to …

China steps up response to US chip moves but economic reality limits how far

May 25 2023

Beijing's restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs mark a major step up in its …

Solar investment outshines oil: IEA

May 25 2023

Investment in solar power is expected to overtake oil for the first time this year as clean energy spending outpaces …

Brazil's Indigenous peoples ministry could see key powers curbed

May 25 2023

Brazil's congress could strip the ministries of environment and Indigenous peoples of key functions, their heads warned …

US warned debt standoff could hit credit rating

May 25 2023

Ratings agency Fitch put the United States on notice Wednesday that its perfect credit rating could be jeopardized if …

Singapore economy beats estimates but govt warns of global risks

May 25 2023

Singapore's economy posted better-than-expected results in the first quarter of 2023, official data showed Thursday, but …

DeSantis White House launch plagued by Twitter meltdown

May 25 2023

Florida governor Ron DeSantis's long-awaited entry into the 2024 presidential campaign descended into a fiasco on …

DeSantis White House launch derailed by glitches

May 25 2023

Florida governor Ron DeSantis's hotly-anticipated entry into the 2024 presidential campaign descended into a fiasco on …

Stocks sink over US debt ceiling concerns

May 24 2023

World stocks fell on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks aimed at …

ECB vows to win inflation fight on 25th birthday

May 24 2023

European Central Bank president Christine Lagarde pledged Wednesday to reduce high inflation in the eurozone as the …

Is Musk's DeSantis show a winning ticket for Twitter?

May 24 2023

By hosting Republican Ron DeSantis's presidential campaign launch, Elon Musk sets up Twitter as a challenger to Fox …

Fed economists still expect 'mild recession,' May minutes show

May 24 2023

US Federal Reserve economists still expected a "mild recession" at the most recent interest-rate meeting earlier this …

Pre-Hispanic aquaducts irrigate modern Peruvian crops

May 24 2023

Built some 1,700 years ago by the pre-Hispanic Nazca people of Peru, an ingenious aqueduct system of wood and stone …

EU, Google want 'voluntary' AI rules: commissioner

May 24 2023

The EU and Google want voluntary rules on AI before a new law comes into force in the bloc to regulate the rapidly …

Citi plans IPO for Mexican unit Banamex

May 24 2023

Citi announced Wednesday that it will launch an initial public offering of its Mexican business Banamex, shifting away …

UK inflation slides to 13-month low, stays elevated

May 24 2023

Britain's annual inflation rate struck a 13-month low in April, official data showed Wednesday, but remains elevated at …

Social Security, healthcare, veterans likely casualties of US debt default

May 24 2023

The White House and Congressional Republicans are still locked in crunch talks to try and avert the first debt default …

Stocks sink as stuttering US debt talks fuel default fears

May 24 2023

Asian and European stock markets slumped Wednesday as investors grew increasingly concerned about stalled US debt …

Taiwan's Quanta Computer confirms new investment in Mexico

May 24 2023

Taiwan's Quanta Computer confirmed it had "investment plans" in Mexico on Wednesday after the governor of Nuevo Leon …

Russian PM hails China ties in face of 'pressure' from West

May 24 2023

Russia's prime minister on Wednesday hailed "unprecedented" relations with China despite sanctions pressure from the …

Markets sink as US debt talks stall, fuelling default fears

May 24 2023

Stock markets tracked losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt …

UK annual inflation slides to 13-month low

May 24 2023

Britain's annual inflation rate fell sharply to a 13-month low of 8.7 percent in April but prices remain elevated as the …

Russian PM hails China ties in face of 'sensational pressure' from West

May 24 2023

Russia's prime minister hailed "unprecedented" relations with China despite "sensational pressure" from the West on …

China's premier hails close ties in talks with Russian PM

May 24 2023

China's premier on Wednesday hailed the "strategic cooperative partnership" between Beijing and Moscow as he hosted the …

German chip charge could short-circuit on myriad challenges

May 24 2023

Germany is seeking to lead a European charge to boost chip production with a series of mega-investments but the drive …

Inflation crashes the party as ECB marks 25 years

May 24 2023

The European Central Bank celebrates its 25th anniversary Wednesday but soaring inflation in the eurozone threatens to …

Asian markets sink as US debt talks stall

May 24 2023

Asian markets tracked losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt …

Filmmakers at Cannes grapple with 'tectonic' AI shift

May 24 2023

At an AI talk on a Cannes beach, a presenter's voice is cloned and used to say a random phrase in three languages, while …

Apple to spend billions of dollars on US-made 5G tech

May 24 2023

Apple on Tuesday announced a multi-billion-dollar collaboration with US tech firm Broadcom to make "cutting edge" …

Climate scientists flee Twitter as hostility surges

May 24 2023

Scientists suffering insults and mass-spam are abandoning Twitter for alternative social networks as hostile …

New York's landmark 'Flatiron' sold -- hopefully for real this time

May 24 2023

New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real …

Lawsuits pile up over Credit Suisse bonds write-down

May 24 2023

Switzerland's justice authorities said Tuesday that 230 complaints had been filed over a decision by financial …

US top health official sounds alarm on child social media use

May 23 2023

The top US health official on Tuesday issued a stark warning to parents, tech companies and regulators, saying the …

Unsettled US debt talks weigh on global stocks

May 23 2023

Wall Street stocks tumbled Tuesday on increased fears over a potential US debt default after the latest round of …

Netflix expands password-sharing crackdown worldwide

May 23 2023

Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it …

W. House touts 'movement' on debt after latest talks

May 23 2023

The White House says some progress was made in the latest round of talks with Republican negotiators to avert a …

Israelis march against budget 'looting' for ultra-Orthodox Jews

May 23 2023

Thousands of Israelis on Tuesday protested the allocation of funds to ultra-Orthodox Jews in the government's proposed …

US, European lawmakers demand axe for oil exec heading climate talks

May 23 2023

More than 100 members of the US Congress and the European Parliament called Tuesday for the removal of an oil industry …

Uber taps into self-driving tech of former rival Waymo

May 23 2023

Google-owned Waymo on Tuesday said it will put its self-driving car technology to work for Uber in a partnership between …

EU battles in court to overturn Apple tax bill ruling

May 23 2023

Apple and Brussels butted heads in a top EU court on Tuesday as the bloc battled to overturn a ruling against its …

JPMorgan Chase invests $200 mn on carbon removal

May 23 2023

JPMorgan Chase announced Tuesday it has signed long-term agreements to purchase $200 million worth of carbon dioxide …

Stocks fall despite 'productive' US debt talks

May 23 2023

Stock markets struggled on Tuesday after fresh talks between President Joe Biden and House Speaker Kevin McCarty on …

IMF forecasts UK economic growth in major U-turn

May 23 2023

The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth this year just …

US debt talks to resume after 'productive' Biden-McCarthy meeting

May 23 2023

Negotiations to avert a catastrophic US debt default look set to go to the wire, with talks resuming Tuesday after …

Climate protesters disrupt Shell shareholder meet

May 23 2023

British oil and gas giant Shell faced a stormy shareholders' gathering Tuesday, as environmental protesters hit out over …

Private jets protest disrupts flights at Geneva Airport

May 23 2023

Activists demonstrating against Europe's biggest private jets sales fair disrupted flights at Geneva Airport on Tuesday …

US new homes sales surged to high in April

May 23 2023

New home sales in the United States defied expectations in April to reach a one-year high, the Commerce Department said …

Climate protestors disrupt Shell shareholder meet

May 23 2023

British oil and gas giant Shell faced a stormy shareholders' gathering Tuesday, as environmental protesters hit out over …

French short-haul flight ban comes into force

May 23 2023

France on Tuesday formally banned domestic flights on short routes that can be covered by train in less than …