Business and Economy

'The Matrix is everywhere': cinema bets on immersion
AFP - 12m ago
In a Los Angeles theater, a trench coat-wearing Neo bends backwards to dodge bullets that spiral over the viewer's head, …
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Silicon Valley VCs navigate uncertain AI future
AFP - 14m ago
For Silicon Valley venture capitalists, the world has split into two camps: those with deep enough pockets to invest in …
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'I am NOT taking drugs!' Musk denies damning report
AFP - 2h ago
Elon Musk on Saturday denied a report that he used ketamine and other drugs extensively last year on the 2024 campaign …
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Ecuador apologizes to farm workers deemed to live like slaves
AFP - 4h ago
Ecuador's government apologized Saturday to some 300 people who worked as farmers for a Japanese textile firm in …
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Google says to appeal online search antitrust ruling
AFP - 5h ago
Google said Saturday it will appeal a ruling against it for anti-competitive practices in online search, a day after …
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OPEC+ announces sharp increase in July oil production
AFP - 7h ago
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.
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Trump says will double steel, aluminum tariffs to 50%
AFP - 9h ago
US President Donald Trump's announcement that he would double steel and aluminum import tariffs to 50 percent from next …
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Chinese automakers get stern 'price war' warning after discount spree
AFP - 18h ago
A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant …
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Panama launches maintenance work at contested mine
AFP - 18h ago
Panama's government said Friday it would start maintenance work at a major mine forced to shut by protests, but insisted …
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Google makes case for keeping Chrome browser
May 30 2025
Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance …
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Trump says to double steel tariff to 50%
May 30 2025
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania …
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Stocks mixed after Trump accuses China of violating tariff deal
May 30 2025
Global stocks finished mixed on Friday after President Donald Trump put US-China trade tensions back on the boil by …
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Trump accuses China of violating tariff de-escalation deal
May 30 2025
US President Donald Trump signaled renewed trade tensions with China Friday, arguing that Beijing had "totally violated" …
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Taylor Swift buys back rights to her old music
May 30 2025
Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought …
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Canada growth up but Trump tariffs starting to hurt
May 30 2025
Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the …
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Stocks dip as Trump raises trade risk with China
May 30 2025
Stocks largely slid on Friday after President Donald Trump put US-China trade tensions back on the boil by claiming …
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US April inflation cooled more than expected, despite tariffs
May 30 2025
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data …
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Trump signals fresh trade tensions with China
May 30 2025
US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a …
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Stocks waver as Trump raises trade risk with China
May 30 2025
Stocks wavered on Friday, but the dollar mostly gained, after President Donald Trump put US-China trade tensions back on …
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Germany considers 10% tax on internet giants
May 30 2025
Germany is weighing plans for a 10 percent digital tax for internet giants such as Alphabet and Meta, a senior official …
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Britain's hard-right Reform UK to accept crypto donations
May 30 2025
Britain's hard-right Reform UK has become the first political party in the country to accept donations through bitcoin …
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Stocks diverge as Trump tariffs go through the courts
May 30 2025
Stock markets and dollar trades diverged Friday as investors assessed the outlook for US President Donald Trump's …
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New to South Africa, saffron holds promise
May 30 2025
Livestock farmer Joe Kroon turned to saffron in desperation when drought threatened his livelihood and, as this season's …
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Trump tariffs stay in place for now after court reprieve
May 30 2025
US President Donald Trump celebrated a temporary legal win as a court preserved his aggressive tariffs, triggering mixed …
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Airline chiefs meet in India amid turbulence of Trump
May 30 2025
Airline bosses meet from Sunday in New Delhi at their annual industry conference, battling to mitigate the impact of …
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Most Asian markets reverse after Trump's tariffs get court reprieve
May 30 2025
Most Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning …
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Asian markets reverse after Trump's tariffs get court reprieve
May 30 2025
Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning …
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Trump tariffs stay in place for now after appellate ruling
May 30 2025
US President Donald Trump celebrated a temporary reprieve for his aggressive tariff strategy on Thursday, with an …
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A bad wrap: An angry Trump blasts the 'TACO Theory'
May 30 2025
President Donald Trump made no pretense at hiding his irritation this week when he was asked by a reporter about "TACO" …
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US regulator drops lawsuit against Binance
May 30 2025
The US Securities and Exchange Commission (SEC) on Thursday dropped its civil lawsuit against the cryptocurrency …
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Asian markets reverse as appeals court gives Trump tariffs reprieve
May 30 2025
Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning …
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Brazil sues China's BYD over 'slavery' conditions on build site
May 30 2025
Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and …
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What comes next in Trump's legal battle over tariffs?
May 29 2025
A US federal appeals court has temporarily halted a ruling that found many of President Donald Trump's tariffs illegal, …
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Stocks shrug off US court's tariff ruling
May 29 2025
Global shares gave a muted response Thursday to a US court's decision blocking most of President Donald Trump's sweeping …
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White House slams court decision blocking Trump tariffs
May 29 2025
The White House on Thursday blasted a federal court's decision to block many of President Donald Trump's sweeping …
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US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
May 29 2025
A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after …
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Trump steps up call for US rate cuts in talks with Fed chief
May 29 2025
US President Donald Trump on Thursday stepped up the pressure on Federal Reserve chair Jerome Powell to cut interest …
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White House slams 'blatantly wrong' court decision blocking Trump tariffs
May 29 2025
The White House on Thursday blasted a federal court's decision to block many of President Donald Trump's sweeping …
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Sidi Ould Tah: Africa's new 'super banker'
May 29 2025
Sidi Ould Tah is the first Mauritanian to become president of the African Development Bank (AfDB) and will need all his …
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Generative AI's most prominent skeptic doubles down
May 29 2025
Two and a half years since ChatGPT rocked the world, scientist and writer Gary Marcus still remains generative …
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Mauritanian elected as Africa's new 'super banker'
May 29 2025
Mauritania's former economy minister Sidi Ould Tah was on Thursday elected to succeed Nigeria's Akinwumi Adesina as …
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Boeing CEO confident US will clear higher MAX output in 2025
May 29 2025
Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed …
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Chinese exporters "on hold" despite US tariff relief
May 29 2025
Chinese exporters in one of the world's busiest port cities spoke Thursday of murky horizons as they try to navigate the …
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Stocks get mild bump from US court's tariff ruling
May 29 2025
Global shares gave a muted positive welcome Thursday to a US court's decision blocking most of President Donald Trump's …
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Mauritanian candidate on track to become Africa's next 'super banker'
May 29 2025
Mauritania's former economy minister Sidi Ould Tah was on Thursday heading the race to become Africa's next "super …
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Italian designer Maria Grazia Chiuri out at Dior
May 29 2025
Dior announced Thursday that Italian designer Maria Grazia Chiuri was stepping down as artistic director of the French …
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Africa elects its next 'super banker'
May 29 2025
The race to become Africa's next "super banker" ends on Thursday, with four candidates, including one woman, still in …
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US court blocks tariffs in major setback for Trump
May 29 2025
A US federal court blocked most of President Donald Trump's sweeping tariffs, boosting markets Thursday with a ruling …
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Stocks climb after US court blocks Trump tariffs
May 29 2025
Global stocks and the dollar largely firmed Thursday after a US court blocked most of President Donald Trump's sweeping …
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US trade court blocks tariffs in major setback for Trump
May 29 2025
A US federal court blocked most of President Donald Trump's sweeping tariffs from going into effect, boosting markets on …
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Saudis in 'difficult' talks to keep Ronaldo next season: PIF source
May 29 2025
Saudi officials are in "difficult" talks to keep Cristiano Ronaldo in the country, a source with knowledge of the …
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Equities rally after US court's tariff ruling, Nvidia results
May 29 2025
Global stocks rallied with US futures on Thursday after a US court blocked Donald Trump's sweeping tariff blitz, dealing …
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Jihadist attacks hit Mozambique as Total readies to resume gas project
May 29 2025
A series of attacks in northern Mozambique this month point to a resurgence of violence by Islamic State-linked …
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Equities boosted by US court's tariff ruling, Nvidia results
May 29 2025
Global stocks rallied with US futures Thursday after a US court blocked Donald Trump's sweeping tariff blitz, dealing a …
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Musk's most memorable moments as Trump's advisor
May 29 2025
Billionaire Elon Musk has said he is leaving his role in the US government, in which he was tasked with reducing federal …
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Zimbabwe's farmers push on as land grab compensation flounders
May 29 2025
In a field of paprika plants in the heart of Zimbabwe, fourth-generation farmer Daniel Burger and relative newcomer …
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Asian equities boosted by US court's tariff ruling, Nvidia results
May 29 2025
Asian stocks rallied with US futures Thursday after a US court blocked Donald Trump's sweeping global tariff blitz, …
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US cancels $590 million contract with Moderna for bird flu shot
May 29 2025
US President Donald Trump's administration on Wednesday canceled a $590 million contract with Moderna to develop an …
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AI personal shoppers hunt down bargain buys
May 29 2025
Internet giants are diving deeper into e-commerce with digital aides that know shoppers' likes, let them virtually try …
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Meta AI bot used a billion times monthly: Mark Zuckerberg
May 29 2025
Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, …
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Nvidia earnings beat expectations despite US export controls
May 28 2025
Nvidia on Wednesday reported earnings that topped market expectations, with a $4.5 billion hit from US export controls …
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Global markets sink as rally over eased trade tensions fades
May 28 2025
Global stock markets sank Wednesday on evaporating cheer over eased tariff tensions, while oil prices climbed as …
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US firms plan to pass Trump tariff costs to consumers: Fed minutes
May 28 2025
US firms have warned the Federal Reserve that the cost of President Donald Trump's tariffs will likely be borne by …
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OPEC+ meets as oil output hike looms
May 28 2025
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, discussed production on Wednesday as another hike …
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Brazil airline Azul files for bankruptcy protection in US
May 28 2025
Brazil's biggest airline by number of flights and destinations, Azul, announced Wednesday it had filed for bankruptcy …
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Stocks sink as rally over eased trade tensions fades
May 28 2025
Stock markets sank Wednesday on evaporating cheer over eased tariff tensions, and oil prices climbed as Washington …
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Telegram to get $300 mn in partnership with Musk's xAI
May 28 2025
Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program …
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German court sets climate precedent but rejects Peruvian farmer's claim
May 28 2025
A German court on Wednesday rejected a climate case brought by a Peruvian farmer against energy giant RWE, but set a …
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Longer flight delays without compensation? EU plan divides
May 28 2025
The EU is considering allowing airlines to incur longer flight delays without having to compensate passengers in a move …
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US stocks rise, focus on Nvidia
May 28 2025
US stock markets rose on Wednesday as investors focused on prospects for Big Tech profitability, while European indices …
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Jeep owner Stellantis names Italian Antonio Filosa as new CEO
May 28 2025
Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as …
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Stocks wobble as relief rally fades, Japan debt sale disappoints
May 28 2025
Stock markets dipped Wednesday as optimism over easing trade tensions ran out of steam and a weak Japanese debt sale …
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Asian stocks rally fades as Japan debt sale disappoints
May 28 2025
Asian equities wobbled Wednesday as investors struggled to track a Wall Street rally fuelled by forecast-beating US …
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Starship megarocket blows up over Indian Ocean in latest bumpy test
May 28 2025
SpaceX's prototype Starship exploded over the Indian Ocean on Tuesday, capping another bumpy test flight for the rocket …
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'No-kids' holiday venue? Think again, says France
May 28 2025
The French government is mulling measures to clamp down on adult-only hotels and restaurants, with a top official …
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China not trying to 'replace' US in Colombia: ambassador
May 28 2025
China is not seeking to "replace" the United States as the top trading partner of Colombia, Beijing's ambassador to …
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SpaceX launches Starship rocket on latest test flight
May 27 2025
SpaceX's Starship megarocket, the linchpin of founder Elon Musk's ambitions to colonize Mars, blasted off on its latest …
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SpaceX set for next Starship launch after fiery failures
May 27 2025
SpaceX is set Tuesday for the next test flight of its Starship megarocket -- the linchpin of founder Elon Musk's …
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Stocks climb as US-EU trade tensions ease
May 27 2025
Wall Street shares bounced on Tuesday while Europe maintained a rally after US President Donald Trump delayed huge …
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Macron gives Vietnamese students a lesson in 'impulsive' superpowers
May 27 2025
Between jabs at Donald Trump's US trade tariffs and criticism of Beijing's assertiveness in the South China Sea, French …
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EU investigates four porn platforms over risks to children
May 27 2025
The EU launched an investigation on Tuesday into four pornographic platforms over suspicions they are failing to stop …
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Stocks climb awaiting next moves in Trump trade war
May 27 2025
European and Asian stock markets mostly gained Tuesday as investors continued to react positively to US President Donald …
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'Kisses from Prague': The fall of a Russian ransomware giant
May 27 2025
The sudden fall of a ransomware supplier once described as the world's most harmful cybercrime group has raised …
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Ship pulled free after running aground near Norway home
May 27 2025
Salvagers on Tuesday pulled a cargo ship, which made world headlines for running aground a stone's throw from a house in …
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Tesla EU sales slump 53% in April: trade group
May 27 2025
Sales of cars made by Elon Musk's Tesla slumped by more than half in April as Chinese electric carmakers saw their share …
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EU approves 150-billion-euro loan scheme to rearm
May 27 2025
EU countries on Tuesday formally approved a new 150-billion-euro loan programme to help rearm in the face of Russia and …
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Developing nations face 'tidal wave' of China debt: report
May 27 2025
The world's poorest nations face a "tidal wave of debt" as repayments to China hit record highs in 2025, an Australian …
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Stocks fluctuate as traders await next moves in Trump trade war
May 27 2025
Equities in Asia and Europe were mixed Tuesday as investors awaited the latest developments in Donald Trump's trade war.
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Tesla EU sales slump 52% in April: trade group
May 27 2025
Sales of cars made by Elon Musk's Tesla slumped by more than half in April as Chinese electric carmakers saw their share …
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Fire halts production at Ecuador's biggest oil refinery
May 27 2025
A fuel tank fire on Monday halted production at Ecuador's largest oil refinery, sparking the evacuation of nearby …
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EU 'fully committed' to reaching US trade deal: commissioner
May 26 2025
The European Union remains "fully committed" to reaching a trade agreement with the United States, the bloc's trade …
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European markets rally as Trump delays 50% EU tariffs
May 26 2025
European stock markets rallied Monday after US President Donald Trump delayed 50-percent tariffs on the European Union …
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Struggling German steel giant Thyssenkrupp plans major overhaul
May 26 2025
Thyssenkrupp said Monday it planned a major overhaul that will split the vast conglomerate into several standalone …
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Trump delays EU tariffs until July 9
May 26 2025
US President Donald Trump said on Sunday that he would pause his threatened 50-percent tariffs on the European Union …
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Misinformation casts shadow on US-China trade truce
May 26 2025
From false claims of Americans panic-buying Chinese goods to bot-driven attacks on US brands, a tide of misinformation …
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OPEC+ expected to open taps more despite price slump
May 26 2025
Despite oil trading low at $60, OPEC+ this week is expected to continue to further open the taps.
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Asian markets mixed as Trump dials down after EU tariff threat
May 26 2025
Asian stocks were mixed Monday after Donald Trump thrust his trade war back into the spotlight by threatening the …
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Trump extends EU tariff deadline until July 9
May 25 2025
US President Donald Trump said Sunday that he would pause his threatened 50 percent tariffs on the European Union until …
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EU chief vows to advance trade talks after 'good' Trump call
May 25 2025
EU chief Ursula von der Leyen said Sunday she held a "good call" with President Donald Trump following his threat of …
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UK renationalises first train operator under Labour reforms
May 25 2025
A private train operator servicing parts of southern England, including London, on Sunday became the first to be …
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In India's congested cities, delivery apps cash in
May 25 2025
In India's sprawling financial hub of Mumbai armies of "dabbawalas" have for decades crisscrossed the city by foot and …
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After brief X outage, Musk says refocusing on businesses
May 24 2025
Social media platform X was hit by a two-hour outage Saturday, prompting owner Elon Musk to say he needs to spend more …
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