Business and Economy



Google gives CEO new pay deal worth up to $692 million

AFP - 32m ago

The CEO of Google and its parent company Alphabet could earn up to $692 million over the next three years under a new …

Israel fires 'broad-scale' strikes on Tehran as war hits 2nd week

AFP - 2h ago

Israel announced a new wave of "broad-scale" strikes on Tehran on Saturday as the escalating war in the Middle East …

Rising US fuel prices risk sparking domestic wildfire for Trump

AFP - 2h ago

Sean Robinson, a 54-year-old schoolteacher in the US capital Washington, did not realize how high gas prices had gotten …

Venezuela inflation hit 475% in 2025, the world's highest level

AFP - 2h ago

Venezuelan inflation soared to 475 percent in 2025, the highest in the world, driven by a tightening of US sanctions in …

Oil prices surge as Mideast war rages, stocks fall on US jobs

AFP - 3h ago

Crude prices surged Friday on mounting fears about oil supply disruption during the Middle East war, while equities …

Israel announces new wave of 'broad-scale' strikes on Tehran

AFP - 3h ago

Israel announced a new wave of "broad-scale" strikes on Tehran on Saturday as US President Donald Trump said only Iran's …

Only Iran's 'unconditional surrender' can end war: Trump

Mar 06 2026

US President Donald Trump said Friday that only Tehran's unconditional surrender would bring an end to the escalating …

Anthropic vows court fight in Pentagon row

Mar 06 2026

Anthropic chief executive Dario Amodei has said the company has "no choice" but to challenge in court the Pentagon's …

Only nine commercial ships detected crossing Hormuz Strait since Monday

Mar 06 2026

Only nine oil tankers, cargo and container ships, some of which at times concealed their position, have been recorded …

Trump says only Iran's 'unconditional surrender' can end war

Mar 06 2026

US President Donald Trump said Friday that only Tehran's unconditional surrender would bring an end to the escalating …

Only nine commercial ships detected crossing the Hormuz Strait since Monday

Mar 06 2026

Only nine oil tankers, cargo and container ships, some of which at times concealed their position, have been recorded …

Middle East war a new shock for financial markets

Mar 06 2026

The outbreak of war in the Middle East has sent shockwaves through financial markets, with energy prices soaring and …

Swiss eyeing fewer F-35 fighters, reshaping defence set-up

Mar 06 2026

Switzerland announced Friday it wanted to buy 30 US F-35A fighter jets rather than 36 after Washington hiked the price, …

Germany's Axel Springer swoops for British newspaper The Telegraph

Mar 06 2026

German media group Axel Springer said Friday it had agreed to buy right-wing British newspaper The Telegraph in a …

Leading satellite firm to hold back Gulf state images

Mar 06 2026

Planet Labs PBC, a leading provider of high resolution images taken from space, said Friday it would hold back for 96 …

Iceland proposes August 29 referendum on resuming EU membership talks

Mar 06 2026

Iceland's government on Friday proposed that a referendum be held on August 29 on resuming the country's EU membership …

US sheds jobs in February in warning sign for Trump's economy

Mar 06 2026

The United States unexpectedly lost jobs in February while unemployment edged up, government data showed Friday, piling …

Securing shipping lane from Mideast war 'challenging', say experts

Mar 06 2026

The United States and France have promised to secure oil shipping threatened by the Middle East war, but experts warn …

Oil prices climb as Mideast war rages, stocks fall on US jobs

Mar 06 2026

Crude prices surged higher Friday as oil fields in Iraq came under attack and US Donald Trump demanded Iran's …

US retail sales decline as consumer pullback deepens

Mar 06 2026

US retail sales declined by 0.2 percent in January, according to delayed government data released on Friday, missing …

War in Middle East raises stagflation fears in Europe and beyond

Mar 06 2026

Global energy prices have shot upwards after the US and Israel unleashed war in the Middle East, but just how far those …

Soaring gas prices spark renewed debate about European electricity

Mar 06 2026

A surge in natural gas prices since the Middle East war erupted has sparked renewed debate about Europe's electricity …

Mideast war escalates as fresh strikes batter Iran

Mar 06 2026

Fresh strikes rocked Iran and Lebanon Friday as Israel and the United States stepped up their attacks in the sprawling …

Iran drone strike on Azerbaijan raises fears of Mideast war spreading to Caucasus

Mar 06 2026

Iranian drone strikes on Azerbaijan have raised fears that the Middle East war could spill into the Caucasus, as Baku, …

Stocks fluctuate, oil climbs as Mideast crisis rages

Mar 06 2026

Global stock markets fluctuated and oil prices jumped Friday at the end of a volatile week's trading unleashed by the …

Mideast war is heightening uncertainty, Lufthansa warns

Mar 06 2026

German aviation giant Lufthansa warned Friday it faced a more uncertain outlook because of the unfolding Middle East …

China says 'clearly aware' of economic risks, vows to boost spending

Mar 06 2026

China's leaders are "clearly aware" of challenges facing growth, the head of the country's top economic planning body …

Mideast war enters 'next phase' as strikes hit Iran, Lebanon

Mar 06 2026

Fresh strikes rocked Iran and Lebanon on Friday, as Israel vowed to escalate to a new phase in the Middle East war that …

Most Asian equities drop as Mideast crisis rages, though oil dips

Mar 06 2026

Asian markets mostly down Friday as the war in the Middle East showed no sign of ending, though there was some reprieve …

Lufthansa warns of heightened 'uncertainty' from Mideast war

Mar 06 2026

German aviation giant Lufthansa warned Friday it faced heightened uncertainty because of the unfolding Middle East …

Equities mixed as Mideast crisis rages, though oil dips

Mar 06 2026

Asian markets were mixed Friday as the war in the Middle East showed no sign of ending, though there was some reprieve …

Italy challenges EU over key climate tool

Mar 06 2026

Italy is once again challenging the EU's green transition, pushing for an overhaul of the bloc's carbon trading scheme …

Heavy attacks hit Tehran as Israel says war in 'new phase'

Mar 06 2026

Heavy attacks were reported in Tehran on Friday after Israel said it was hitting "regime infrastructure" in a "new …

Equities mostly drop as Mideast crisis rages, though oil dips

Mar 06 2026

Most stocks in Asia fell Friday as the war in the Middle East showed no sign of ending, though there was some reprieve …

Brazil's Petrobras sees profit soar on record output

Mar 06 2026

Petrobras, Brazil's majority state-owned oil company, said Thursday that its profits nearly tripled last year thanks to …

US, Venezuela restore ties as Washington pushes for minerals access

Mar 06 2026

Venezuela and the United States are restoring diplomatic ties, the two countries announced Thursday, in a new sign of …

EU to ban plant-based 'bacon' but veggie 'burgers' survive chop

Mar 06 2026

EU member states and lawmakers agreed Thursday to ban using meat-related terms such as "steak" and "bacon" to market …

US says Venezuela to protect mining firms as diplomatic ties restored

Mar 05 2026

Venezuela has promised safe conditions for foreign mining companies keen to invest in the country, a US official said …

European, US stocks back in sell-off mode as oil prices surge

Mar 05 2026

Oil prices pushed higher while US and European stocks dropped on Thursday as investors tracked developments on the sixth …

Mideast war traps 20,000 seafarers, 15,000 cruise passengers in Gulf

Mar 05 2026

Around 20,000 seafarers and 15,000 cruise ship passengers are stuck in the Gulf because of the Middle East war, the UN's …

Oil prices rise, stocks slide as Middle East war stirs supply concerns

Mar 05 2026

Oil prices pushed higher while stocks dropped on Thursday as investors tracked developments on the sixth day of the …

Oil prices rise, stocks drop as Middle East war stirs supply concerns

Mar 05 2026

Oil prices pushed higher while stocks dropped on Thursday as investors tracked developments on the sixth day of the …

Israel tells Beirut suburb to evacuate as Mideast war spirals

Mar 05 2026

Israel issued an unprecedented evacuation warning on Thursday for the entirety of Beirut's southern suburbs, a …

Google opens AI centre as Berlin defends US tech reliance

Mar 05 2026

Google opened an AI centre Berlin on Thursday, pledging to step up innovation in the German capital, which boasts a …

Union loses fight against Tesla at German factory

Mar 05 2026

Germany's largest union Thursday accused Tesla of intimidating staff at the US carmaker's factory outside Berlin after …

Tourism on hold as Middle East war casts uncertainty

Mar 05 2026

Cancelled flights, postponed trips and a great deal of uncertainty: the war in the Middle East is casting a long shadow …

Stocks, oil climb as Middle East war stirs volatility

Mar 05 2026

Global stock markets rose and oil prices crept up further on Thursday as the Middle East war entered its sixth day, with …

Middle East war spirals with fresh strikes on Iran, Gulf

Mar 05 2026

Israel on Thursday launched a fresh wave of strikes on Iran, which stepped up its attacks on Gulf nations Qatar and …

Seoul leads rebound across Asian stocks, oil extends gains

Mar 05 2026

Asian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended …

Middle East war spirals as Iran hits Kurds in Iraq

Mar 05 2026

Israel pounded Tehran with fresh strikes and Iran targeted Kurdish guerrilla groups in Iraq on Thursday as a spiralling …

China prioritises energy and diplomacy over Iran support

Mar 05 2026

China has expressed its anger over Israeli-US strikes on Iran but, despite hits to its oil imports, will not risk its …

Florida family sues Google after AI chatbot allegedly coached suicide

Mar 05 2026

The family of a Florida man who took his own life filed suit against Google on Wednesday, alleging the company's Gemini …

After oil, US moves to secure access to Venezuelan minerals

Mar 04 2026

US mining companies are lining up to invest in Venezuela, Interior Secretary Doug Burgum said during a visit to Caracas …

Brazil ratifies EU-Mercosur trade deal

Mar 04 2026

Brazil's Senate on Wednesday ratified a deal between the Mercosur bloc and the European Union that creates one of the …

US, European stocks rise as oil prices steady; Asian indexes tumble

Mar 04 2026

US and European stock markets advanced Wednesday as oil prices steadied, after Asian bourses suffered deep losses amid …

US Fed warns 'economic uncertainty' weighing on consumers

Mar 04 2026

The US Federal Reserve warned Wednesday that increased economic uncertainty was impacting consumer sentiment, as …

Mideast war rekindles European fears over soaring gas prices

Mar 04 2026

With shipping through the Strait of Hormuz nearly choked off due to the Middle East war, natural gas prices have spiked …

'Nothing is working': Gulf travel turmoil hits Berlin tourism fair

Mar 04 2026

Santhosh Kanakandath still managed to fly to Berlin from Oman to represent his travel agency at the ITB Berlin tourism …

Russia to free two Hungarian-Ukrainian POWs, Putin says

Mar 04 2026

Russia will free two Ukrainian-Hungarian nationals captured while fighting for Ukraine, President Vladimir Putin said …

Bayer gets preliminary approval for weedkiller class settlement

Mar 04 2026

German agrichemical giant Bayer said Wednesday that a US judge had granted preliminary approval for a …

Adidas shares slump on outlook, Mideast war casts shadow

Mar 04 2026

Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said …

Ivory Coast cuts cocoa producer price by nearly 60 percent: govt

Mar 04 2026

Ivory Coast, the world's leading cocoa producer, on Wednesday cut the price paid to its growers by nearly 60 percent, …

EU seeks to stem industrial decline with 'Made in Europe' push

Mar 04 2026

The EU unveiled Wednesday new "Made in Europe" rules to bolster the bloc's industries against fierce competition from …

Stocks firm, oil steadies after sell-off on Middle East turmoil

Mar 04 2026

US and European stock markets firmed and energy prices steadied Wednesday after President Donald Trump sought to ease …

France says planning G7 finance meeting on Mideast

Mar 04 2026

France said Wednesday it is planning to host a meeting of G7 finance ministers on the Middle East crisis early next week …

AI not hitting European jobs for now: ECB

Mar 04 2026

Artificial intelligence has only had minor effects on employment in Europe so far, European Central Bank economists said …

Hungary presses Russia not to hike energy prices amid Iran turmoil

Mar 04 2026

Hungary wants guarantees from Russia that it will not charge Budapest more for oil and gas, as global prices jump due to …

Stocks firm, oil dips after sell-off on Middle East turmoil

Mar 04 2026

US and European stock markets firmed and energy prices dipped on Wednesday after President Donald Trump sought to ease …

New flights evacuate travellers stranded by Middle East war

Mar 04 2026

More relieved passengers arrived home from the Gulf region on Wednesday as further flights resumed five days into the …

Privacy and attention promises from alternative phones at MWC

Mar 04 2026

Alternative phones on offer at the Mobile World Congress (MWC) telecoms trade show in Barcelona this week aim to answer …

Adidas shares slump on outlook, Mideast war impact uncertain

Mar 04 2026

Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said …

European stocks firm after sell-off on Middle East turmoil

Mar 04 2026

European stock markets firmed on Wednesday after a global rout driven by fears that surging energy prices from the …

Weedkiller cancer claims drive Bayer to bigger loss

Mar 04 2026

German agrichemical giant Bayer said Wednesday it made a loss of 3.62 billion euros ($4.20 billion) in 2025 after it …

Myanmar drivers scramble for fuel as Mideast war cuts supply

Mar 04 2026

Snaking queues of vehicles waited in Myanmar for shrivelling petrol supplies on Wednesday, with some gas stations …

Somaliland's Israel deal could put Berbera port at risk

Mar 04 2026

Somaliland says its recognition by Israel could be a boon for its Berbera port. But with missiles flying across the …

Adidas shares slump on downbeat profit outlook

Mar 04 2026

Adidas shares slumped Wednesday after the German sportswear giant gave a disappointing 2026 profit forecast and warned …

Seoul tanks as Asian stocks tumble, oil extends gains on Iran war

Mar 04 2026

Seoul shares collapsed more than 12 percent as Asian equity markets were hit by panic selling Wednesday, while oil rose …

EU to unveil 'Made in Europe' rules despite pushback

Mar 04 2026

The EU will on Wednesday unveil "Buy European" rules to boost domestic production, which Brussels says will help defend …

Asian stocks tumble further, oil extends gains as inflation fears grow

Mar 04 2026

Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with …

Europe should focus on industrial AI, SAP says

Mar 04 2026

Europe should focus on competing in industrial AI, a top executive at German software giant SAP said, as the continent …

Chinese consumers scout lower prices, secondhand goods as spending sputters

Mar 04 2026

In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- …

US says 2,000 targets hit as Iran retaliates across Gulf

Mar 04 2026

Israel early Wednesday launched new attacks on Iran as the US military said it has hit nearly 2,000 targets inside the …

Flights to evacuate stranded travellers in Middle East

Mar 04 2026

Governments and airlines scrambled Tuesday to repatriate tens of thousands of travellers stranded in the Middle East …

Will US oil companies be the big winners from the Iran war?

Mar 04 2026

Energy prices have surged dramatically since the United States and Israel launched their attack on Iran Saturday, and …

Iran hits US targets in Gulf as Tehran targeted

Mar 03 2026

Iran expanded its retaliatory missile and drone barrage across the Middle East on Tuesday, hitting another US consulate …

Israel says hit Iran nuclear site: Latest developments in Middle East war

Mar 03 2026

Drones and missiles hit oil facilities and US diplomatic missions in the Gulf on Tuesday as Iran retaliated to fresh …

US stocks cut losses after Trump announces steps to safeguard Hormuz Strait

Mar 03 2026

US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald …

US-Israeli strikes pummel Tehran, as Trump says 'too late' for talks

Mar 03 2026

US and Israeli strikes pummelled targets across Tehran on Tuesday, as President Donald Trump warned it was "too late" …

Judge rules Trump cannot halt New York traffic congestion pricing

Mar 03 2026

A federal judge ruled on Tuesday that US President Donald Trump cannot block New York City from charging motorists to …

France sends aircraft carrier amid new Israel, Iran attacks: Latest developments in Middle East war

Mar 03 2026

French President Emmanuel Macron ordered an aircraft carrier group to the Mediterranean in response to the widening …

New Israel, Iran attacks across region: Latest developments in Middle East war

Mar 03 2026

US and Israeli strikes hit targets across Tehran on Tuesday as President Donald Trump boasted of widespread damage and …

Iran war threatens Trump fight with inflation

Mar 03 2026

US-Israeli strikes in Iran, and Tehran's retaliation, are set to trigger a surge in US gas prices with a potential …

Merz seeks early end to Iran war in Trump meeting

Mar 03 2026

German Chancellor Friedrich Merz on Tuesday backed the aims of the US-Israeli war on Iran but called for its early end, …

Brazil's economy slows as high interest rates curb growth

Mar 03 2026

Brazil's economy grew 2.3 percent in 2025, cooling from the previous year as its interest rates remained among the …

Energy prices jump, stocks slump on Iran war

Mar 03 2026

Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and …

Mideast war threatens to spark world energy crisis

Mar 03 2026

Asia and Europe's oil reserves can soften the immediate impact of the Middle East war sparked by US and Israeli strikes …

Global markets turmoil intensifies on Iran war

Mar 03 2026

Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and …

Iran steps up attacks on Mideast economy in response to US-Israeli strikes

Mar 03 2026

Iran stepped up its attacks on economic targets and US missions across the Middle East on Tuesday as President Donald …

UK cuts 2026 growth forecast, flags Iran war risk

Mar 03 2026

The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update …

Iran targets Mideast energy industry and US missions

Mar 03 2026

Drones hit the US embassy in Riyadh and more explosions rang out in Gulf cities Tuesday as Iran hit back at industrial …

Drones hit US embassy as vengeful Iran targets Mideast cities

Mar 03 2026

Drones hit the US embassy in Riyadh on Tuesday as Iran hit back at industrial and diplomatic targets across the Middle …

Mideast war exposes fragile oil, gas dependency

Mar 03 2026

As in 2022 when Russia invaded Ukraine, the new war in the Middle East is exposing once again how far Europe and others …