Business and Tech
Arrests, anger and court battles -- the case of Meng Wanzhou
AFP - 58m ago
The 2018 arrest in Vancouver of Huawei chief financial officer Meng Wanzhou on a US warrant, followed by China's …
Full Story »
Huawei executive freed in Canada after deal with US prosecutors
AFP - 1h ago
Chinese telecoms executive Meng Wanzhou was freed Friday after three years of house arrest in Canada, following an …
Full Story »
Rolls Royce wins US Air Force contract worth up to $2.6 bn
AFP - 2h ago
The US arm of Britain's Rolls Royce won a contract worth up to $2.6 billion Friday to supply engines for the US Air …
Full Story »
Allegations of favoring China could erode confidence in IMF chief
AFP - 3h ago
A storm of controversy threatens to undermine Kristalina Georgieva's leadership of the IMF as experts, US lawmakers and …
Full Story »
Global stocks mostly fall on renewed Evergrande fears
AFP - 3h ago
Stock markets mostly dropped Friday, as traders closed out a volatile week for global equities by booking profits amid …
Full Story »
Meng Wanzhou: Huawei's 'princess' on the rebound
AFP - 5h ago
As the daughter of the founder of Chinese telecoms giant Huawei, Meng Wanzhou was known internally as the "princess" of …
Full Story »
US favorable to Taiwan trade bid, urges Beijing to cease pressure
AFP - 5h ago
The United States on Friday praised Taiwan's record as a candidate to join a trans-Pacific trade deal and criticized …
Full Story »
Huawei executive to be freed after deal with US prosecutors
AFP - 2h ago
The chief financial officer of Chinese telecoms giant Huawei reached a deferred prosecution agreement with US …
Full Story »
UN redoubles green energy push to save climate, boost electricity
AFP - 7h ago
The United Nations chief called Friday for the world to redouble its renewable energy efforts to avert a climate …
Full Story »
Chinese police detain top execs from troubled HNA Group
AFP - 7h ago
Chinese police have detained two top executives of the debt-laden conglomerate HNA Group on suspicion of "illegal …
Full Story »
Huawei executive reaches deal with US prosecutors
AFP - 2h ago
The chief financial officer of Chinese telecoms giant Huawei has reached a deal with prosecutors to resolve US charges …
Full Story »
British ad giant WPP will pay $19 mn to settle US bribery charges
AFP - 6h ago
British advertising giant WPP will pay $19 million to settle charges brought by the United States over allegations of …
Full Story »
Stocks retreat on renewed Evergrande fears
AFP - 5h ago
Stock markets mostly dropped Friday, as traders closed out a largely positive week for global equities by booking …
Full Story »
Huawei executive reaches plea deal in US court: report
AFP - 1h ago
The chief financial officer of Chinese telecoms giant Huawei is expected to enter a plea deal in New York court Friday …
Full Story »
China's central bank rules all crypto transactions are illegal
AFP - 10h ago
China's central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the …
Full Story »
US new home sales surprisingly strong in August: govt
AFP - 10h ago
Sales of new homes rose faster than analysts expected last month in the United States, according to government data …
Full Story »
Iceland's trailblazing wage law narrows gender pay gap
AFP - 12h ago
Iceland is home to a pioneering equal pay law that has narrowed the gender wage gap -- and the man and woman running for …
Full Story »
Elon Musk says chip shortage only 'short term'
AFP - 7h ago
Tesla boss Elon Musk on Friday said that a global semiconductor shortage hitting car firms especially hard would be …
Full Story »
UK urges public calm over shut fuel stations
AFP - 13h ago
The UK government on Friday urged the public against panic-buying fuel as some petrol stations closed pumps due to a …
Full Story »
Stocks retreat, bitcoin down on China cryptocurrency crackdown
AFP - 2m ago
Stock markets mostly dropped Friday, as traders closed out a largely positive week for global equities by booking …
Full Story »
Chinese game makers vow to cut effeminacy, limit underage players
AFP - 14h ago
Hundreds of Chinese video game makers have vowed to police their products for "politically harmful" content and enforce …
Full Story »
Equity markets struggle as Evergrande silence fans uncertainty
AFP - 3h ago
Asian markets struggled Friday, with Hong Kong and Shanghai tumbling as property giant Evergrande's silence over a bond …
Full Story »
IMF warns Australia on surging home prices
AFP - 20h ago
The International Monetary Fund warned on Friday that Australia must act to curb runaway home prices, which have surged …
Full Story »
Ex-head of Chinese liquor giant Moutai jailed for life for bribery
AFP - 20h ago
The former head of Chinese liquor firm Kweichow Moutai, the world's most valuable spirits company, has been jailed for …
Full Story »
Asian markets mixed with outlook upbeat but Evergrande crisis simmering
AFP - 4h ago
Asian markets fluctuated Friday as investors kept a wary eye on developments in the Evergrande debt crisis, while …
Full Story »
Demonstrators briefly occupy Sao Paulo stock exchange to protest inequality
AFP - 17h ago
Several dozen demonstrators briefly occupied the Sao Paulo Stock Exchange on Thursday to protest widening economic …
Full Story »
Disabled people can now use Android phones with face gestures
AFP - 18h ago
Using a raised eyebrow or smile, people with speech or physical disabilities can now operate their Android-powered …
Full Story »
Facebook ordered to release anti-Rohingya posts for genocide case
AFP - 21h ago
A US judge has ordered Facebook to release posts the social network removed over their role in inciting …
Full Story »
Covid supply woes hit alcohol in the US
AFP - 3h ago
First it was computer chips, and now spirits: Global supply chain woes are shaping up as the party pooper in some parts …
Full Story »
Nike cuts sales forecast, citing worsening supply chain woes
Sep 23 2021
Nike cut its sales forecast Thursday, pointing to myriad supply chain problems that are delaying deliveries of athletic …
Full Story »
Stocks rally with Fed closer to tapering emergency support
Sep 23 2021
Global equities won solid gains on Thursday, led by Wall Street, which was buoyed by the Federal Reserve's indication it …
Full Story »
Twitter courts influencers with bitcoin tips and NFT craze
Sep 23 2021
Twitter on Thursday began allowing high-profile users to get tips in bitcoin as the network steps up its wooing of the …
Full Story »
Navalny accuses Google, Apple of becoming Putin's 'accomplices'
Sep 23 2021
Jailed Russian opposition leader Alexei Navalny accused Google and Apple Thursday of acting as the Kremlin's …
Full Story »
US lawmakers weigh further crackdown on 'air rage' villains
Sep 23 2021
More criminal charges against violent airline passengers, a shared national no-fly list, and halting sales of "to go" …
Full Story »
Britain runs coal power stations amid energy crisis
Sep 23 2021
Britain, which faces soaring natural gas prices, has been forced to run coal-fired power stations in order to secure …
Full Story »
EU to impose universal phone charger, in blow to Apple
Sep 23 2021
The European Union announced on Thursday that it will impose a universal charger for smartphones, setting up a clash …
Full Story »
Chinese jets fly near Taiwan as Beijing opposes island's trade deal bid
Sep 23 2021
China voiced opposition on Thursday to Taiwan joining a major trans-Pacific trade deal as it flew 24 planes including …
Full Story »
Turkey central bank cuts key rate after Erdogan pleas
Sep 23 2021
Turkey's central bank cut its main interest rate on Thursday after months of pressure from President Recep Tayyip …
Full Story »
Bank of England holds stimulus despite soaring inflation
Sep 23 2021
The Bank of England on Thursday left its record-low interest rate and vast stimulus unchanged, despite warning that …
Full Story »
Lonely toil of Belgium's 'last shale miner'
Sep 23 2021
For the past decade, Vincent Theret has worked alone in a deep hole under the wooded Ardennes hills of southern Belgium.
Full Story »
Evergrande founder calls for construction, sales to resume
Sep 23 2021
The head of teetering Chinese developer Evergrande has urged staff to resume construction and sales to deliver …
Full Story »
Delivery robots take the strain out of shopping in UK town
Sep 23 2021
It's famous for its roundabouts and statues of concrete cows. But the English town of Milton Keynes now has another …
Full Story »
Bank of England takes the stage after Fed signals tapering
Sep 23 2021
The Bank of England is set to keep its stimulus and record-low interest rate Thursday but could follow the Federal …
Full Story »
South Africa seethes at UK's Beta bogeyman 'discrimination'
Sep 23 2021
South Africa is seething over Britain's decision to keep the country on its coronavirus "red list," a move that means …
Full Story »
China opposes Taiwan joining Pacific trade deal
Sep 23 2021
China on Thursday said it opposed Taiwan joining a major trans-Pacific trade deal just days after Beijing said it wanted …
Full Story »
South African Airways resumes flights after bankruptcy
Sep 23 2021
South Africa's embattled national airline on Thursday flew its first plane since March 2020 after emerging from …
Full Story »
Asian markets rally on easing Evergrande fears, Fed comments
Sep 23 2021
Asian markets rose Thursday as concerns about a collapse of troubled property giant Evergrande receded for now, while …
Full Story »
Taiwan applies to join Pacific trade deal days after China
Sep 23 2021
Taiwan has applied to join a major trans-Pacific trade deal, officials confirmed Thursday, days after China said it also …
Full Story »
Ratings agency cuts China growth forecast on property woes
Sep 23 2021
Ratings agency Fitch on Thursday cut its growth forecast for China's economy this year citing a slowdown in the …
Full Story »
Hong Kong leads Asian markets rally as Evergrande fears subside
Sep 23 2021
Asian markets rose Thursday as concerns about the collapse of troubled property giant Evergrande receded for now, while …
Full Story »
Bank of England on guard against spiking inflation
Sep 23 2021
The Bank of England is expected to stay the course on interest rates and stimulus on Thursday, despite soaring inflation …
Full Story »
US, UK welcome China end to coal funding but seek more
Sep 23 2021
The United States and Britain on Wednesday welcomed China's promise to end funding for coal projects overseas, but …
Full Story »
US welcomes China end to coal funding but seeks more
Sep 23 2021
The United States on Wednesday welcomed China's promise to end funding for coal projects overseas but voiced hope the …
Full Story »
US ex-defense secretary testifies in Theranos fraud trial
Sep 22 2021
Fallen biotech star Elizabeth Holmes's grand promises for her blood testing technology captivated US ex-defense …
Full Story »
US Fed warns of 'severe damage' if senators allow debt default
Sep 22 2021
The chairman of the US Federal Reserve called on lawmakers to raise the nation's borrowing limit urgently on Wednesday, …
Full Story »
Stocks rally on Evergrande assurances as Fed avoids major surprises
Sep 22 2021
Stock markets were buoyant Wednesday, bouncing off recent sharp losses as concerns eased over Chinese property giant …
Full Story »
US Fed preparing to remove stimulus 'soon' despite slower recovery
Sep 22 2021
Rising Covid-19 cases have slowed the US economy's recovery, but the Federal Reserve on Wednesday said it may …
Full Story »
France pulls plug on massive Paris station revamp
Sep 22 2021
French rail operator SNCF has scrapped plans for a controversial expansion of Europe's busiest train station, the Gare …
Full Story »
US Fed says it may 'soon' be time to remove stimulus
Sep 22 2021
Rising Covid-19 cases have slowed the US economy's recovery, but the Federal Reserve on Wednesday said it may …
Full Story »
Down on the farm, UK energy crisis looms large
Sep 22 2021
The tranquil landscape of flat farmland and small villages in the Essex countryside in southeast England seems a world …
Full Story »
Facebook ad business hit by new Apple privacy rules
Sep 22 2021
Facebook said Wednesday that Apple's iPhone privacy changes, which allow users to block tracking, significantly affected …
Full Story »
Leonardo DiCaprio invests in two lab-grown meat startups
Sep 22 2021
US actor and climate activist Leonardo DiCaprio has taken an investment in two different lab-grown meat startups, the …
Full Story »
Stocks bouyant ahead of Fed update
Sep 22 2021
Stock markets were buoyant Wednesday, bouncing off recent sharp losses as concerns eased over Chinese property giant …
Full Story »
US existing home sales fall as supply tightens
Sep 22 2021
Sales of US existing homes fell in August for the first time in three months as the ongoing supply shortage and high …
Full Story »
Stocks rise awaiting Fed update
Sep 22 2021
Stock markets mostly rose Wednesday, recovering further from recent sharp losses on easing concerns over Chinese …
Full Story »
Afghan girls robotics team design their future in Qatar
Sep 22 2021
The nine members of an all-girl Afghan robotics team evacuated from Kabul to Qatar have built on their star status and …
Full Story »
UK deal to resume CO2 output key to food firms to cost millions
Sep 22 2021
Britain warned Wednesday that a deal to restart captured carbon dioxide production, which is vital for the food industry …
Full Story »
France's EDF in talks with GE to buy nuclear turbine ops
Sep 22 2021
French electricity giant EDF is in talks with General Electric to buy its steam turbine business for nuclear plants, the …
Full Story »
Stocks, dollar mostly higher before Fed
Sep 22 2021
Stock markets mostly rose Wednesday, recovering further from recent sharp losses on easing concerns over Chinese …
Full Story »
Neflix acquires the whole works of Roald Dahl
Sep 22 2021
Netflix said Tuesday it has acquired the whole works of acclaimed children's author Roald Dahl, creator of such classics …
Full Story »
Australia sets conditions for China joining Pacific pact
Sep 22 2021
China must end a freeze on contacts with senior Australian politicians if it hopes to join a trans-Pacific trade pact, …
Full Story »
Evergrande agrees deal to avoid default on key bond
Sep 22 2021
Embattled Chinese property titan Evergrande said Wednesday it had agreed a deal with domestic bondholders that should …
Full Story »
Gambling group DraftKings bids $22.5 bn for Entain
Sep 22 2021
UK gambling giant Entain on Wednesday said it had received a takeover bid from US rival DraftKings worth $22.5 billion …
Full Story »
Asian investors soothed by Evergrande bond plan
Sep 22 2021
Asian markets mostly rose on Wednesday with nerves settled for now by news that troubled Chinese property giant …
Full Story »
Nigeria, Ghana sprint to join digital currency race
Sep 22 2021
Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of …
Full Story »
Evergrande agrees deal to avoid default on key bond: company
Sep 22 2021
Embattled Chinese housing giant Evergrande said Wednesday it had agreed a deal with domestic bondholders that should …
Full Story »
IMF execs meet over charges boss changed data to favor China
Sep 22 2021
The International Monetary Fund's board of directors met Tuesday over charges that its director, Kristalina Georgieva, …
Full Story »
Fed may hint at ending stimulus, but no big moves expected
Sep 22 2021
Will they or won't they? Markets worldwide will be holding their collective breaths on Wednesday as they await the …
Full Story »
IMF execs meets over charges boss changed data to favor China
Sep 22 2021
The International Monetary Fund's board of directors met Tuesday over charges that its director, Kristalina Georgieva, …
Full Story »
ADB cuts Asia growth forecast on slow Covid vaccine rollout
Sep 22 2021
The Asian Development Bank warned of "lasting scars" from the coronavirus pandemic as it cut its 2021 growth forecast …
Full Story »
Yelp, Lyft, Patagonia, other US firms oppose Texas abortion law
Sep 21 2021
More than 50 US companies, including the online review service Yelp, clothing maker Patagonia and ride-hailing app Lyft, …
Full Story »
US sues to block American Airlines-JetBlue alliance
Sep 21 2021
The US Justice Department filed a lawsuit Tuesday to block the alliance between American Airlines and JetBlue that it …
Full Story »
Global equities finished mixed after Evergrande rout
Sep 21 2021
European equities rebounded on Tuesday after fears over the possible collapse of Chinese property giant Evergrande …
Full Story »
In climate landmark, China promises to end coal funding overseas
Sep 21 2021
China will stop funding coal projects overseas, President Xi Jinping announced Tuesday, all but ending the flow of …
Full Story »
Xi tells UN China will stop funding coal projects overseas
Sep 21 2021
China will stop funding coal projects overseas, President Xi Jinping said Tuesday, ending a major source of support for …
Full Story »
As Evergrande lurches, regulatory chief says US markets strong
Sep 21 2021
With Chinese real estate giant Evergrande teetering on the brink of collapse, the head of the US markets regulator said …
Full Story »
Facebook seeks to defend itself after scathing reports
Sep 21 2021
Facebook on Tuesday fired back after a series of withering Wall Street Journal reports that the company failed to keep …
Full Story »
Fed opens policy meeting as markets awaits taper signal
Sep 21 2021
The Federal Reserve opened its two-day policy meeting on Tuesday, with investors around the world awaiting a signal on …
Full Story »
Google to spend $2 bn on New York City office
Sep 21 2021
Google announced on Tuesday plans to buy a New York City office building for $2.1 billion, confirming its push into …
Full Story »
US, European stocks rebound after Evergrande-driven rout
Sep 21 2021
US and European equities rebounded on Tuesday after fears over the possible collapse of Chinese property giant …
Full Story »
Universal Music worth $53 bn as shares soar on stock debut
Sep 21 2021
Shares in Universal Music, the world's biggest major label with a lineup of megastars from The Beatles to Taylor Swift, …
Full Story »
Former Fiat Chrysler chief Mike Manley quits Stellantis
Sep 21 2021
Mike Manley, the Fiat Chrysler chief who guided the Italian-American automaker's merger with PSA to form Stellantis, is …
Full Story »
Crunch time for Evergrande, but no 'Lehman moment'
Sep 21 2021
With the future of Evergrande hanging in the balance, global markets have plunged on fears that one of China's biggest …
Full Story »
US sanctions crypto exchange over ransomware ties
Sep 21 2021
The United States imposed sanctions Tuesday on cryptocurrency exchange SUEX for its ties to ransomware extortionists, as …
Full Story »
US sanctions cryptocurrency exchange over ties to ransomware attacks
Sep 21 2021
The United States imposed sanctions Tuesday on cryptocurrency exchange SUEX for its ties to ransomware attackers, as …
Full Story »
NFT craze fuels $4.3 bn French football card startup
Sep 21 2021
Sorare, the French startup behind a game that lets players trade virtual football stickers for hefty sums, on Tuesday …
Full Story »
IEA presses Russia to end Europe gas shortage
Sep 21 2021
The International Energy Agency on Tuesday urged Russia to step up gas deliveries to Europe in anticipation of higher …
Full Story »
Universal Music worth $50 bn as shares soar on stock debut
Sep 21 2021
Shares in Universal Music, the world's biggest major label with a lineup of megastars from The Beatles to Taylor Swift, …
Full Story »
US homebuilding accelerates as firms aim to close supply gap
Sep 21 2021
US homebuilding accelerated last month, according to government data Tuesday, as construction firms looked to feed the …
Full Story »
OECD lowers global, US economic growth forecasts
Sep 21 2021
The OECD warned Tuesday of an "uneven" global economic recovery as it lowered its 2021 growth forecasts for the world …
Full Story »
Afghan merchants fear for future as Taliban takeover raises costs
Sep 21 2021
Merchants in the historic Afghan trading city of Herat fear for their future after being hit by Taliban tax collection …
Full Story »
Iron curtain falls on Hong Kong cinema as censors demand cuts
Sep 21 2021
Once renowned for world-class cinema, Hong Kong's film industry was already struggling before the latest hurdle -- …
Full Story »