Business and Economy



Trump tariffs could put US Fed in a bind, Powell warns

AFP - 27m ago

US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the Federal Reserve …

Trump tariffs could put the US Fed in a bind, Powell warns

AFP - 28m ago

Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the …

US Fed Chair warns of 'tension' between employment, inflation goals

AFP - 29m ago

Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose …

Trump touts trade talks, China calls out tariff 'blackmail'

AFP - 1h ago

US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of …

TikTok tests letting users add informative 'Footnotes'

AFP - 1h ago

TikTok on Wednesday said it is testing a feature that would let people add "Footnotes" providing informative context to …

Long-abandoned Welsh mine revived as gold prices soar

AFP - 2h ago

At the bottom of a long-abandoned mine, 50 metres below the surface, one company searches for rare Welsh gold, attracted …

Global uncertainty will 'certainly' hit growth: World Bank president

AFP - 2h ago

The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the …

WTO chief says 'very concerned' as tariffs cut into global trade

AFP - 2h ago

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …

Stocks mixed as US hits Nvidia chip export to China

AFP - 3h ago

Wall Street shares fell but European stocks diverged Wednesday after the US government imposed restrictions on exports …

The Trump adviser who wants to rewrite the global financial system

AFP - 3h ago

One of the architects of US President Donald Trump's tariff blitz has advocated a shake-up of the global trade and …

Canada central bank holds interest rate steady amid tariffs chaos

AFP - 3h ago

The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to …

Stocks retreat as US hits Nvidia chip export to China

AFP - 1h ago

Stock markets retreated Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, …

China tells Trump to 'stop threatening and blackmailing'

AFP - 5h ago

China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up …

Global trade uncertainty could have 'severe negative consequences': WTO chief

AFP - 2h ago

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …

Google facing £5 bn UK lawsuit over ad searches: firms

AFP - 6h ago

Google on Wednesday said it would "vigorously" defend itself after some 250,000 UK businesses filed a …

Automakers hold their breath on Trump's erratic US tariffs

AFP - 7h ago

US President Donald Trump's aggressive but fast-changing trade policy has foisted difficult questions on carmakers that …

Stocks struggle again as Nvidia chip curb warning pops calm

AFP - 2h ago

Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China …

China's forecast-beating growth belies storm clouds ahead: analysts

AFP - 9h ago

Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news …

ASML CEO sees growing economic 'uncertainty' from tariffs

AFP - 1h ago

Dutch tech giant ASML warned on Wednesday of growing economic uncertainty due to US tariffs but the company kept its …

Europe seeks to break its US tech addiction

AFP - 9h ago

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing …

Heineken beer sales dip, tariffs add to uncertainty

AFP - 5h ago

Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged …

Dutch flower industry grasps thorny pesticide issue

AFP - 28m ago

As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near …

Solar boom counters power shortages in Niger

AFP - 1h ago

Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, …

Mackerel and missiles: EU-UK defence deal snags on fish

AFP - 7h ago

Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks.

ASML CEO sees 'increased macro uncertainty' from tariffs

AFP - 2h ago

The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept …

Wine consumption falls heavily into the red

AFP - 1h ago

Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said Tuesday, …

China's economy beats forecasts ahead of Trump's 'Liberation Day'

AFP - 11h ago

China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of …

Vespa love affair: Indonesians turn vintage scooters electric

AFP - 8h ago

When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the …

Cambodia's Chinese casino city bets big on Beijing

AFP - 12h ago

Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a …

Trump says ball in China's court on tariffs

AFP - 12h ago

Donald Trump believes it is up to China to come to the negotiating table on trade, the White House said Tuesday, after …

China's economy beat forecasts in first quarter ahead of Trump's 'Liberation Day'

AFP - 28m ago

China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get …

Trump orders critical minerals probe that may bring new tariffs

AFP - 1m ago

US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and …

Facebook added 'value' to Instagram, Zuckerberg tells antitrust trial

AFP - 3h ago

Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …

Boeing faces fresh crisis with US-China trade war

AFP - 7h ago

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn …

Nvidia expects $5.5 bn hit as US targets chips sent to China

AFP - 6h ago

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing …

Global stocks mixed amid lingering unease over trade war

Apr 15 2025

Global stocks were mixed Tuesday as investors digested strong bank earnings and monitored ongoing developments in the …

Trump resurrects ghost of US military bases in Panama

Apr 15 2025

US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a …

Canada offers automakers tariff relief, Honda denies weighing move

Apr 15 2025

Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US …

Facebook added 'value' to Instagram, Zuckerberg says in antitrust trial

Apr 15 2025

Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …

Stocks rise on bank earnings, auto tariff hopes

Apr 15 2025

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over …

Trump says China 'reneged' on Boeing deal as tensions flare

Apr 15 2025

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing …

Stocks rise as auto shares surge on tariff break hopes

Apr 15 2025

Stock markets rose Tuesday, with shares in several automakers gaining after US President Donald Trump hinted that the …

Facebook chief Zuckerberg testifying again in US antitrust trial

Apr 15 2025

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his …

Auto shares surge on tariff reprieve hopes

Apr 15 2025

Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over …

Trump trade war casts pall in China's southern export heartland

Apr 15 2025

The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at …

China tells airlines to suspend Boeing jet deliveries: report

Apr 15 2025

China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said …

Stocks rise as stability returns, autos surge on exemption hope

Apr 15 2025

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms …

Japan orders Google to cease alleged antitrust violation

Apr 15 2025

Japanese authorities said Tuesday they had issued a cease-and-desist order to US tech titan Google over an alleged …

Stocks rise as stability returns, autos lifted by exemption hope

Apr 15 2025

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms …

Danish brewer adds AI 'colleagues' to human team

Apr 15 2025

They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the …

Malawi's debt crisis deepens as aid cuts hurt

Apr 15 2025

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been …

S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety

Apr 15 2025

South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing …

Xi's Vietnam trip aiming to 'screw' US, says Trump

Apr 15 2025

China's President Xi Jinping paid tribute to Vietnam's late revolutionary leader Ho Chi Minh on Tuesday, his last day of …

Meta news ban intensifying Canadians' legacy media break

Apr 15 2025

As Canada heads into an election this month, voters looking for campaign news on Facebook or Instagram will find …

Asian stocks mixed as stability returns, autos lifted by exemption hope

Apr 15 2025

Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto …

Chinese EV battery giant CATL posts 33% surge in Q1 profit

Apr 15 2025

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter …

US grounds helicopter company behind fatal New York tour

Apr 15 2025

US regulators on Monday issued an emergency order grounding the helicopter tour company behind last week's deadly crash …

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

Apr 15 2025

China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave …

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

Apr 15 2025

South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, …

Meta chief Zuckerberg testifies at landmark US antitrust trial

Apr 14 2025

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which his social …

Argentina's peso sinks after currency controls eased

Apr 14 2025

Argentina's peso slumped more than 11 percent against the US dollar Monday, after Javier Milei's libertarian government …

LVMH sales dip as Trump tariffs dent luxury tastes

Apr 14 2025

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US …

Man charged over Tesla arson as anti-Musk wave sweeps US

Apr 14 2025

A man who allegedly torched two vehicles at a Tesla dealership and painted "Die Elon" on the side of the building has …

Stocks rise, dollar sags on tech tariff twist

Apr 14 2025

Stock markets rose, gold hit another record high and the dollar remained under pressure as investors grappled with the …

Goldman Sachs profits rise on strong equity trading results

Apr 14 2025

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses …

Nvidia to build supercomputer chips entirely in US for first time

Apr 14 2025

Nvidia on Monday announced plans to build top-end artificial intelligence supercomputer chips entirely in the United …

Argentine peso depreciates after exchange controls lifted

Apr 14 2025

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the …

China warns UK against 'politicising' steel furnaces rescue

Apr 14 2025

Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to …

Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour

Apr 14 2025

Chinese leader Xi Jinping on Monday called on his country and Vietnam to "oppose unilateral bullying", Beijing's state …

Stocks rise on new tariff twist

Apr 14 2025

Stock markets rose, gold hit another record high and the dollar regained some ground Monday as investors grappled with …

China, Vietnam sign agreements after Xi warns protectionism 'leads nowhere'

Apr 14 2025

China and Vietnam signed dozens of cooperation agreements Monday, strengthening ties between the communist-run countries …

Trump says no one 'off the hook' on tariffs but markets rise

Apr 14 2025

Stock markets on Monday welcomed US tariff exemptions for electronics, but President Donald Trump signalled the reprieve …

Stocks rise on tech tariffs respite, gold hits new high

Apr 14 2025

Stock markets rose firmly on Monday after fears over US President Donald Trump's trade war were tempered by tariff …

UK govt races against time to keep steel furnaces running

Apr 14 2025

Britain's government on Monday raced to secure raw materials to keep the country's last steelmaking blast furnaces …

Stocks rise on electronics tariffs exemption, gold hits new high

Apr 14 2025

Stocks rose on Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for …

Meta faces landmark US antitrust trial

Apr 14 2025

Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market …

Helicopter company that ran deadly New York tour shuts down

Apr 14 2025

The helicopter tour company behind a crash in New York that killed six people last week is shutting down, US authorities …

Xi warns protectionism 'leads nowhere' as he arrives in Vietnam

Apr 14 2025

Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners", state …

Chinese exports soared in March ahead of Trump's 'Liberation Day'

Apr 14 2025

China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get …

China's exports beat forecast in March despite trade war woes

Apr 14 2025

China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated …

Trump tariff rollercoaster complicates ECB rate call

Apr 14 2025

US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting …

Asian stocks rise on electronics tariffs exemption, gold hits new high

Apr 14 2025

Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for …

Trump warns no country 'off the hook' on tariffs

Apr 14 2025

US President Donald Trump warned Sunday that no country would be "getting off the hook" on tariffs, as his …

Xi warns protectionism 'leads nowhere' as starts SE Asia tour

Apr 14 2025

Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", …

Trump advisor Navarro looks to cool spat with Musk

Apr 14 2025

Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla …

Trump downplays tariffs walk-back, says no country 'off the hook'

Apr 13 2025

US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day …

US says tech tariff exemptions may be short-lived

Apr 13 2025

Recent exemptions to sweeping US import tariffs may be short-lived, top officials said Sunday, with Donald Trump warning …

'Slow travel' start-up launches cross-Channel crossings by sail

Apr 13 2025

The crossing may be "a bit choppy", Captain Andrew Simons warns a dozen of his passengers waiting in the French port of …

China calls on US to 'completely cancel' reciprocal tariffs

Apr 13 2025

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced …

Bulgarian border city hails Schengen tourism boom

Apr 13 2025

There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between …

Indonesia palm oil firms eye new markets as US trade war casts shadow

Apr 13 2025

Indonesian palm oil companies are seeking new markets in Europe, Africa and the Middle East as they try to protect …

US exempts tech imports in tariff step back

Apr 13 2025

The Trump administration has exempted a raft of consumer electronics from its punishing import tariffs -- offering …

UK government to take control of British Steel under emergency law

Apr 12 2025

The UK government said it was taking control of Chinese-owned British Steel on Saturday after rushing an emergency law …

UK passes emergency law to save British Steel

Apr 12 2025

The UK passed an emergency law on Saturday to stop the last British factory that can make steel from scratch shutting …

UK lawmakers hold emergency debate to save British Steel

Apr 12 2025

UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …

UK lawmakers begin emergency debate to save British Steel

Apr 12 2025

UK lawmakers held a rare Saturday parliamentary debate as the government seeks to pass emergency legislation to stop the …

German refinery's plight prompts calls for return of Russian oil

Apr 12 2025

No Russian oil has been delivered via the Druzhba pipeline to the PCK refinery in Germany in more than two years because …

Iraqi markets a haven for pedlars escaping Iran's economic woes

Apr 12 2025

Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a …

Chinese manufacturers in fighting spirits despite scrapped US orders

Apr 12 2025

On a sweltering spring day, workers at a Christmas tree factory in eastern China rhythmically assembled piles of …

Argentina receives $42 bn from international financial institutions

Apr 12 2025

Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on …

Fed official says 'absolutely' ready to intervene in financial markets

Apr 12 2025

The US Federal Reserve is "absolutely" prepared to intervene to help calm nervous financial markets, a senior central …

Trump defends policy after China hits US with 125% tariffs

Apr 12 2025

President Donald Trump insisted Friday that his tariff policy was "doing really well" despite China hiking levies on US …