Business and Tech
'A new era': NASA strikes asteroid in key test of planetary defense
AFP - 1h ago
Bullseye: A NASA spaceship on Monday struck an asteroid seven million miles away in order to deflect its orbit, …
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NASA readies to deflect asteroid in key test of planetary defense
AFP - 1h ago
A small point of light that starts to fill out the screen, revealing a never-before-seen asteroid, before the images …
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Stocks volatile, pound hits record low
AFP - 5h ago
Wall Street stocks fell again Monday as recession fears brought volatility to financial markets, pushing the pound to an …
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US brings fraud charges in $100 mn New Jersey deli case
AFP - 6h ago
US officials announced fraud charges Monday against three men who orchestrated a $100 million scheme to inflate the …
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Biden seeks up-front disclosure of airline ticket fees
AFP - 7h ago
Airlines would be required to disclose fees for luggage or for passengers to sit next to their children prior to ticket …
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UK's new PM under fire as pound sinks and BoE sounds alarm
AFP - 9h ago
The government of new British Prime Minister Liz Truss on Monday came under pressure after the pound hit a record low …
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NASA to deflect asteroid in key test of planetary defense
AFP - 6h ago
NASA will on Monday attempt a feat humanity has never before accomplished: deliberately smacking a spacecraft into an …
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UK PM Truss under fire as pound sinks
AFP - 1h ago
The government of new British Prime Minister Liz Truss on Monday came under pressure after the pound hit a record low …
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Apple to make iPhone 14 in India in shift away from China
AFP - 12h ago
Apple will manufacture its new flagship smartphone in India, the US tech giant said Monday, as it seeks to diversify …
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World economy to slow, 'paying the price of war': OECD
AFP - 13h ago
The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war in …
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French borrowing to hit record as 2023 budget unveiled
AFP - 13h ago
The French government will borrow a record 270 billion euros ($260 billion) next year to finance a budget that includes …
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UK eyes big TikTok fine over child privacy lapse
AFP - 14h ago
Britain on Monday warned it could fine TikTok £27 million ($29 million) over a potential failure to protect children's …
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Pound hits record low versus dollar, Italy stocks up after vote
AFP - 2h ago
The pound hit a record low against the dollar Monday on surging fears about the ailing UK economy.
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Pound hits record low versus dollar, markets hit by recession fears
AFP - 3h ago
The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled …
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Tokyo stocks end 2.7% lower on slowdown fears
AFP - 5h ago
Tokyo stocks closed lower Monday with investors disheartened by global selloffs linked to growing fears over an economic …
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Ukrainian heavy industry ground down by Russia's war
AFP - 21h ago
Usually the engine-room of the Ukrainian economy, heavy industry has fallen victim to Russia's invasion, with output …
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Porsche, luxury carmaker with storied history
AFP - 21h ago
Germany luxury carmaker Porsche is gunning for a blockbuster IPO on the Frankfurt Stock Exchange this week. Here are …
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Porsche to race onto German stock exchange with mega IPO
AFP - 8h ago
Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be one of …
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Macau casino stocks surge on mainland travel hopes
AFP - 22h ago
Casino stocks soared in Macau on Monday after authorities announced plans to gradually welcome back tour groups from the …
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Inflation hits home for Mongolians struggling for basic goods
AFP - 23h ago
At Ulaanbaatar's Naiman Sharga money exchange market, elderly women stand in the street waving wads of money at …
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Petrol stations: running out of road?
AFP - 2m ago
A vintage pump in the Vietnamese hills; a Madrid petrol station topped with a giant sombrero; a multi-coloured …
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Pound hits record low versus dollar, markets drop on recession fears
AFP - 4h ago
The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government unveiled …
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Rihanna to headline Super Bowl halftime show
AFP - 24h ago
Superstar Rihanna will headline the Super Bowl halftime show in February, the main event sponsor Apple Music announced …
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UAE agrees to supply Germany with gas, diesel as Scholz tours Gulf
AFP - Sep 26 2022
The United Arab Emirates agreed Sunday to supply natural gas and diesel to Germany as part of an "energy security" deal …
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Netflix and Disney poised to shake up TV ad world
AFP - Sep 26 2022
With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of …
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Huge fire destroys warehouse at giant Paris wholesale market
Sep 25 2022
A major blaze swept through part of one of the world's biggest fresh produce markets on the outskirts of Paris on …
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Swiss narrowly back hiking retirement age for women
Sep 25 2022
Swiss voters on Sunday accepted by a hair a divisive pension reform plan, which will raise women's retirement age to the …
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United Arab Emirates agrees to supply Germany with gas, diesel
Sep 25 2022
The United Arab Emirates agreed Sunday an "energy security" deal with Germany to supply liquefied natural gas and diesel …
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Swiss back pension reform, hiking retirement age for women: projections
Sep 25 2022
Swiss voters appeared set Sunday to narrowly accept the government's divisive pension reform plan, which would raise the …
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Swiss vote on factory farm ban, pension reform
Sep 25 2022
Switzerland votes Sunday on a slew of issues, including a proposed ban on factory farming and divisive pension reform …
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German bakeries fight for survival as costs spiral
Sep 25 2022
Faced with exploding energy and ingredient costs, German baker Tobias Exner has installed new energy-efficient ovens, …
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Cypriot carob growers harvest their 'black gold'
Sep 25 2022
Christos Charalambous might be 79 but he is several metres up a carob tree, harvesting a fruit known as "black gold" on …
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'You cannot survive': Inflation bites as Thai election looms
Sep 25 2022
Sheltering from rain near Bangkok's Grand Palace, scores of unemployed Thais queue alongside homeless people waiting for …
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Ford's electric drive reinvents historic Michigan factory
Sep 25 2022
Construction crews are back at Dearborn, remaking Ford's century-old industrial complex once again, this time for a …
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EVs at Detroit Auto Show? Consumers have questions
Sep 25 2022
The emerging fleet of electric vehicles (EV) provoked fascination at the Detroit Auto Show, but many consumers were not …
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France's TotalEnergies injects further $1.5 bn into Qatar gas
Sep 24 2022
France's TotalEnergies on Saturday signed a new $1.5 billion deal to help expand Qatar's natural gas production as …
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World markets plunge on growing recession fears
Sep 23 2022
Stock markets tumbled, the pound crashed against the dollar and oil prices slumped Friday on growing recession fears …
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White House rebukes World Bank chief in climate row
Sep 23 2022
The White House on Friday rebuked the head of the World Bank David Malpass, who is battling charges of climate denial …
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World Bank chief Malpass says won't quit over climate denial row
Sep 23 2022
World Bank President David Malpass said Friday he had no plans to stand down, as he battles charges of climate denial …
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Apple Music to sponsor Super Bowl half-time show
Sep 23 2022
Apple Music is to replace Pepsi as the title sponsor of the Super Bowl's prestigious half-time show, the NFL announced …
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UK fights inflation with tax-cutting budget
Sep 23 2022
Britain's new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by …
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Germany's Scholz to visit Gulf states on energy hunt
Sep 23 2022
German Chancellor Olaf Scholz will on Saturday begin a two-day tour of Gulf states, including Saudi Arabia, in the hope …
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Recession-bound UK fights inflation with tax cuts
Sep 23 2022
The UK's new government on Friday unveiled a multi-billion-pound package to support households and businesses hit by the …
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UK axes EU-inherited cap on banker bonuses
Sep 23 2022
Britain on Friday axed a cap on bankers' bonuses aimed at boosting London's finance sector after Brexit, raising anger …
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Why 'Monkey Island' creators returned to 1990s classic game
Sep 23 2022
When Ron Gilbert and Dave Grossman first let loose their swords, voodoo and pirates epic "The Secret of Monkey Island", …
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Markets endure further losses, dollar rises as central banks turn screws
Sep 23 2022
Asian markets fell again Friday and the dollar extended gains as part of a global sell-off fuelled by recession fears …
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Lachlan Murdoch faces off with Crikey in defamation row
Sep 23 2022
A high-stakes defamation battle between News Corp co-chairman Lachlan Murdoch and small Australian news outlet Crikey …
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Markets endure further losses as central banks turn screws
Sep 23 2022
Asian markets fell again Friday as part of a global sell-off fuelled by recession fears after central banks around the …
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Britain to unveil anti-inflation budget as recession looms
Sep 23 2022
The UK's new government on Friday unveils multi-billion-pound measures aimed at supporting households and businesses hit …
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Financial markets, Brussels wary of Italy far-right win
Sep 23 2022
From her euroscepticism to her impact on Italy's enormous debt, the likely victory of far-right leader Giorgia Meloni in …
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Hong Kong replaced by Singapore as Asia's top finance centre
Sep 23 2022
Hong Kong has lost its crown as Asia's premier finance centre to Singapore in a global ranking list where New York and …
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US charges Boeing with misleading investors on 737 MAX safety, fined $200 mn
Sep 23 2022
US securities officials fined Boeing $200 million over the aviation giant's misleading assurances about the safety of …
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Asian markets suffer further losses as central banks turn screws
Sep 23 2022
Asian markets fell again Friday as part of a global sell-off fuelled by recession fears after central banks around the …
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Britain unveils anti-inflation budget as recession looms
Sep 23 2022
The UK's new government unveils Friday multibillion-pound measures aimed at supporting households and businesses hit by …
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Facebook whistleblower launches nonprofit to take on big tech
Sep 23 2022
Whistleblower Frances Haugen -- a former Facebook engineer who leaked documents suggesting the firm put profits before …
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CIA chief: I'm no Jason Bourne, I drive an old Subaru
Sep 22 2022
CIA Director Bill Burns said in the US spy agency's first-ever podcast Thursday that his life is nothing like Jason …
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Markets drop as central banks hike rates
Sep 22 2022
Stock markets retreated on Thursday after the US Federal Reserve and central banks in Europe unleashed more hefty …
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Canada launches review of cannabis legalization four years on
Sep 22 2022
Canada on Thursday launched a long-awaited review of its cannabis regulations, four years after becoming the first major …
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Inflation-hit Turkey cuts rate for second month
Sep 22 2022
Turkey's troubled lira on Thursday plumbed new lows after the central bank cut its policy rate for the second straight …
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UK government lifts gas fracking ban in England
Sep 22 2022
Britain on Thursday lifted England's moratorium on controversial gas fracking to boost energy security, despite breaking …
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Spanish court opens probe into cannabis 'Ponzi scheme'
Sep 22 2022
Spain's top criminal court has opened a fraud investigation into a Netherlands-based medicinal cannabis investment …
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Bank of England hikes rates again, warns on recession
Sep 22 2022
The Bank of England hiked its interest rate sharply again Thursday to combat decades-high inflation but warned the UK …
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Bank of England hikes rate again as UK enters recession
Sep 22 2022
The Bank of England hiked its interest rate again on Thursday to combat soaring inflation as it warned that the UK's …
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Japan government intervenes to support cratering yen
Sep 22 2022
Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted …
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Markets tumble again as Fed hikes rates, warns more pain to come
Sep 22 2022
European stocks sank Thursday following sharp losses in Asia and on Wall Street, but the dollar spiked after the Federal …
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Norway, Swiss central banks hike rates to tame inflation
Sep 22 2022
The Swiss and Norwegian central banks announced hefty interest rate hikes on Thursday as global monetary policymakers …
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'Very high chance' Hong Kong will end year in recession
Sep 22 2022
Hong Kong is set to end the year in the midst of a full-blown recession, the city's finance chief warned Thursday, as …
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Indonesia hikes rates for second straight month to stem inflation
Sep 22 2022
Indonesia's central bank hiked its key interest rate for the second month in a row Thursday to combat rising inflation …
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Japan government intervenes to bolster cratering yen
Sep 22 2022
Japan's finance ministry said Thursday it intervened in the currency market to bolster the yen, which has plummeted …
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Markets tumble again as Fed hikes rates, warns more to come
Sep 22 2022
Asian and European markets sank Thursday and the dollar rallied after the Federal Reserve unveiled a third straight …
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Yen hits new 24-year low as Bank of Japan keeps loose policy
Sep 22 2022
The yen sank to a fresh 24-year low against the dollar on Thursday, with the greenback surging to nearly 146 after …
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Europe throws billions at energy crisis
Sep 22 2022
Almost every week now, European governments are announcing emergency measures to protect households and businesses from …
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Cheap mealboxes a taste of Hong Kong's economic woes
Sep 22 2022
Hong Konger Kitty Chan pivoted to takeout to help her restaurant survive the pandemic, but she has since opened a second …
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With a gamer prince and oil billions, Saudi turns to eSports
Sep 22 2022
Wearing headphones and anti-sweat finger sleeves, gamers from eight countries guided gun-toting avatars through a battle …
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Trump, children sued for 'incredible' fraud in New York
Sep 22 2022
Donald Trump and family members lied to tax collectors, lenders and insurers for years in a scheme that routinely …
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Swiss mull banning factory farms
Sep 22 2022
The Swiss will vote Sunday on whether to ban intensive livestock farming in the largely rural country, which already has …
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US jury orders Meta to pay $174.5 mn for violating patents
Sep 22 2022
A US jury on Wednesday ordered Meta to pay $174.5 million for violating live-streaming patents developed by a US Army …
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Pressure grows after World Bank chief dodges climate questions
Sep 22 2022
Climate groups called Wednesday for the World Bank's president to be removed after he refused multiple times to say if …
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US stocks fall, dollar gains as Fed unveils latest big rate hike
Sep 21 2022
Wall Street stocks tumbled and the dollar rallied Wednesday after the Federal Reserve announced another large interest …
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Fed hikes rates again, warns inflation fight can't be 'painless'
Sep 21 2022
The Federal Reserve rolled out another steep increase in the key US interest rate Wednesday and said more hikes are …
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Fed hikes rates again, says inflation fight can't be 'painless'
Sep 21 2022
The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring …
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Twitch curbs gambling streams as addiction fears mount
Sep 21 2022
Twitch on Wednesday announced a ban on sites that stream unlicensed roulette, dice, or slots games as the platform is …
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US Fed raises key interest rate as recession fears mount
Sep 21 2022
The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring …
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Bankers warn of toll on US consumers from prolonged inflation
Sep 21 2022
Higher interest rates and grinding inflation are likely to begin taking a higher toll on US consumers who have so far …
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Aviation chiefs warn of prolonged ticket price pain
Sep 21 2022
Aviation industry leaders warned Wednesday that travellers must brace for even higher ticket prices as the sector …
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Spain fines food delivery firm Glovo nearly 79 mn euros
Sep 21 2022
Spain has fined food delivery firm Glovo nearly 79 million euros and forced it to give labour contracts to over 10,000 …
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US home sales fall for seventh straight month in August
Sep 21 2022
Existing home sales slipped in August to the lowest in two years, marking a seventh straight monthly decline, according …
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Stocks advance ahead of US rate hike
Sep 21 2022
Stock markets pushed higher Wednesday as traders awaited another hefty US interest rate hike from the Federal Reserve.
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'Bad buzz': Gaming industry reels from 'Grand Theft Auto' hack
Sep 21 2022
The video game industry is coming to terms with one of the biggest hacks in its history, after footage was leaked online …
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Walmart hiring fewer US holiday staff this year
Sep 21 2022
Walmart announced Wednesday it will hire 40,000 workers for the upcoming holiday season, far fewer than last year, as …
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Milan Fashion Week opens with a spring in its step
Sep 21 2022
Chinese buyers are back and business is booming -- Milan Fashion Week opened Wednesday on an optimistic note, despite …
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US Fed set to raise interest rates as recession fears mount
Sep 21 2022
The Federal Reserve opened its second day of deliberations Wednesday that are expected to produce another big increase …
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Stocks advance before US rate hike
Sep 21 2022
Stock markets pushed higher Wednesday as traders awaited another hefty US interest rate hike from the Federal Reserve.
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Germany reaches deal to nationalise troubled gas giant Uniper
Sep 21 2022
Germany has reached a deal to nationalise troubled gas giant Uniper, the government said Wednesday, as the energy sector …
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Stocks recover before US rate hike
Sep 21 2022
European stock markets recovered from initial falls Wednesday, as traders awaited another hefty US interest rate hike …
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Markets drop as Fed hike looms, Putin move lifts dollar and oil
Sep 21 2022
Stocks fell Wednesday ahead of what many expect to be a third successive jumbo rate hike by the Federal Reserve, while …
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UK's new PM veers away from Biden's economic script at UN
Sep 21 2022
Britain's new Prime Minister Liz Truss was Wednesday to outline an economic rescue programme focussed on tax cuts -- …
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Zero-Covid harming 75% of European firms in China: business group
Sep 21 2022
China's "inflexible" and "inconsistent" zero-Covid policy is crippling European business operations in the country, a …
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Asian traders resume selling as another jumbo Fed hike looms
Sep 21 2022
Asian markets resumed their downward spiral Wednesday after a brief respite the previous day, as traders prepared for …
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Zelensky blames Russia as world vows response to food shortages
Sep 21 2022
Global leaders called Tuesday for urgent efforts to address global food insecurity amid fears of disastrous harvests …
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Hertz to buy some 175,000 GM EVs through 2027
Sep 21 2022
US rental car giant Hertz will buy up to 175,000 electric vehicles from General Motors by the end of 2027, the companies …
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World leaders call for urgent action on food security
Sep 21 2022
World leaders called Tuesday for urgent efforts to address global food insecurity, with fears mounting of a disastrous …
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