Business and Economy



Global stocks rise as US inflation data hits forecast

AFP - 53m ago

Global stock markets rose on Thursday as US inflation data came in as anticipated, reinforcing the prospect of a Federal …

Global stocks rise as no surprise on US inflation data

AFP - 4h ago

Global stock markets rose on Thursday as US inflation data that came in as expected reinforced the prospect of a Federal …

US consumer inflation heats up but unlikely to deter rate cut

AFP - 5h ago

US consumer inflation rose last month to its highest level since January, government data showed Thursday, although …

ECB seeks to ease jitters over France crisis

AFP - 6h ago

European Central Bank chief Christine Lagarde said Thursday she was "confident" officials would seek to reduce …

ECB holds rates as France crisis looms over meeting

AFP - 2h ago

The European Central Bank held interest rates steady again Thursday with inflation under control and trade tensions …

Robot dogs, flying cars: five takeaways from the Munich auto show

AFP - 8h ago

From "flying cars" to robots and self-driving buses, here are some of the innovations spotted at this week's Munich auto …

Stocks up before US inflation, ECB rate call

AFP - 2h ago

European and Asian stock markets rose Thursday as traders awaited more US inflation data and the European Central Bank's …

'Why not?' Europeans warming up to Chinese electric cars

AFP - 11h ago

Checking out an electric vehicle made by China's BYD at the Munich auto show, German designer Tayo Osobu was impressed …

Mexico, under US pressure, mulls 50% tariff on Chinese cars

AFP - 12h ago

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a 50 …

Most markets rise as US producer price data stokes rate cut bets

AFP - 2h ago

Asian and European equities mostly rose Thursday as investors built on this week's rally after US data ramped up …

China-US talks mark a 'small step' towards Xi meeting Trump

AFP - 13h ago

Back-to-back talks between the United States and China's top diplomats and defence chiefs could mark "a small step" …

France political crisis looms over ECB meeting

AFP - 8h ago

France's political crisis will likely take centre stage at a European Central Bank meeting Thursday, with turmoil in the …

Markets mostly up as US producer price data stokes rate cut bets

AFP - 4h ago

Asian equities mostly rose Thursday as investors built on this week's rally after US data ramped up expectations for a …

Musk's title of richest person challenged by Oracle's Ellison

AFP - 6h ago

Billionaire Elon Musk is at risk of losing his title as the world's wealthiest person to Oracle co-founder Larry …

Under US pressure, Mexico mulling 50% tariff on Chinese cars

Sep 10 2025

Mexico, under pressure not to serve as a back door for Chinese goods entering the United States, has proposed a …

S&P 500 ends at record as markets await key US consumer price data

Sep 10 2025

The S&P 500 rose to a fresh record Wednesday behind a surge in Oracle shares as markets looked ahead to key consumer …

Union to vote on deal to end strike at Boeing defense branch

Sep 10 2025

Labor leaders reached a tentative agreement with Boeing that could resolve a strike in the aviation giant's defense …

US pharma giant Merck ditches plan for $1.4-bn research centre in UK

Sep 10 2025

Merck, the US pharmaceutical group, said on Wednesday it has dropped plans to build a $1.4-billion research centre in …

US Senate panel advances nomination of Trump's Fed governor pick

Sep 10 2025

A US Senate committee on Wednesday advanced the nomination of President Donald Trump's choice to join the Federal …

Italy to remain top wine producer in world: 2025 estimates

Sep 10 2025

Italy is expected to enjoy a good 2025 harvest and clinch the world's leading producer label once again, according to …

Stock markets strike records despite geopolitical unrest

Sep 10 2025

Global stock markets struck fresh record highs on Tuesday as expectations of more cuts to US interest rates offset …

Software company Oracle shares surge more than 35% on huge AI deals

Sep 10 2025

Oracle shares surged more than 35 percent in early trading Wednesday after the software giant projected massive revenue …

US producer inflation unexpectedly falls in first drop since April

Sep 10 2025

US producer prices unexpectedly fell in August, government data showed Wednesday, driven in part by a pullback in energy …

Zara owner Inditex shares soar as sales growth revives

Sep 10 2025

Shares in Zara owner Inditex, the world's largest fashion retailer, soared on Wednesday as a positive start to the …

Stock markets rise amid geopolitical unrest

Sep 10 2025

Global stock markets rose Wednesday, with some Asian indices reaching record heights, as expectations of more cuts to US …

Von der Leyen urges EU to fight for place in 'hostile' world

Sep 10 2025

EU chief Ursula von der Leyen on Wednesday urged Europe to assert its independence in a "hostile" world, as she …

Ozempic maker Novo Nordisk to cut 9,000 global jobs

Sep 10 2025

Danish pharmaceutical giant Novo Nordisk announced Wednesday it would cut 11 percent of its workforce, as the maker of …

Asian markets enjoy record day as new US jobs data fans rate cut hopes

Sep 10 2025

Asian markets extended gains on Wednesday, with Tokyo and Seoul emulating a record day on Wall Street as fresh data …

Top EU court upholds nuclear green label

Sep 10 2025

The EU's top court on Wednesday upheld the European Commission's decision to give a sustainable finance label to …

South Korea sends plane to fetch detained workers from US

Sep 10 2025

A chartered plane departed Seoul for the United States Wednesday to repatriate hundreds of South Korean workers detained …

EU chief to defend Trump trade deal in parliament

Sep 10 2025

EU chief Ursula von der Leyen will seek to defend her trade deal with Donald Trump in an address to the bloc's lawmakers …

Top Japan start-up Sakana AI touts nature-inspired tech

Sep 10 2025

When David Ha started an AI company in Japan with his former Google colleague, they had a choice: create another huge, …

Asian markets rally as new US jobs data fans rate cut hopes

Sep 10 2025

Asian markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a …

US Supreme Court to hear Trump tariff case in November

Sep 09 2025

The US Supreme Court on Tuesday agreed to hear arguments in November on the legality of President Donald Trump's …

Former Meta researchers testify company buried child safety studies

Sep 09 2025

Meta systematically suppressed internal research highlighting serious child safety risks on its virtual reality …

US stocks close at fresh records, digesting weak jobs data

Sep 09 2025

US stock indices rocketed to fresh records as markets digested disappointing US jobs data, while political upheaval in …

Stocks climb eyeing US rate cut, political turbulence

Sep 09 2025

Stock markets mostly rose while gold reached new highs on Tuesday, with expectations of US rate cuts to bolster the …

Merz ramps up pressure on EU over electric car shift

Sep 09 2025

German Chancellor Friedrich Merz called Tuesday for "more flexibility" from the EU in the transition to electric cars as …

Stocks climb as US rate cut hopes counter political shakeups

Sep 09 2025

Stock markets mostly rose while gold hit a record high on Tuesday, with expectations of US rate cuts to bolster the …

Ethiopia inaugurates Africa's biggest dam, drawing Egyptian protest

Sep 09 2025

Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday in what Prime Minister Abiy Ahmed called a …

Hundreds of pro-Palestinian demonstrators rally outside London arms show

Sep 09 2025

Pro-Palestinian protesters gathered Tuesday outside a major arms fair in London as it opened without the presence of …

Miners Anglo American, Teck to forge copper giant

Sep 09 2025

British mining group Anglo American and Canadian peer Teck Resources announced Tuesday plans for a multi-billion-dollar …

Mistral cements AI lead in Europe with cash infusion

Sep 09 2025

France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors …

EU clamps down on food waste, fast fashion

Sep 09 2025

EU lawmakers gave a final green light Tuesday to a law on slashing back the mountains of food wasted in Europe each …

Stocks climb eyeing US rate cuts, political changes

Sep 09 2025

Stock markets mostly rose and gold hit a record high Tuesday as traders balanced expectations of cuts to US interest …

Ethiopia inaugurates Africa's biggest dam

Sep 09 2025

Ethiopia inaugurated the continent's largest hydroelectric project on Tuesday, with Prime Minister Abiy Ahmed calling it …

Miners Anglo American, Teck plan new copper giant

Sep 09 2025

British mining group Anglo American and Canadian peer Teck Resources on Tuesday announced plans for a …

Markets mainly rise on US rate cut hopes

Sep 09 2025

Asian and European markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this …

AI and iPhones likely stars of Apple event

Sep 09 2025

Apple is set to unveil its iPhone 17 lineup on Tuesday, with enhanced artificial intelligence features expected to take …

Merz to open Munich motor show as engine row threatens to combust

Sep 09 2025

German Chancellor Friedrich Merz will open the IAA motor show in Munich on Tuesday as debate rages over the EU's target …

Google to obey South Korean order to blur satellite images on maps

Sep 09 2025

Google said on Tuesday that it would comply with the South Korean government's demand to blur sensitive satellite images …

London arms show opens under Israel cloud

Sep 09 2025

A major arms fair opens Tuesday in London without the presence of Israeli government officials due to worsening …

Most Asian markets rise on US rate hopes, Tokyo hits record

Sep 09 2025

Asian markets mostly rose Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with …

Murdoch family settles dispute over media empire succession

Sep 09 2025

Rupert Murdoch's children have reached a settlement in their long-running legal dispute over control of the right-wing …

Ex-WhatsApp executive sues Meta over alleged security failures

Sep 09 2025

A former top security executive at WhatsApp filed a federal lawsuit Monday alleging that parent company Meta …

Murdoch family settles dispute on control of media assets

Sep 09 2025

Rupert Murdoch's children have reached a settlement in the legal dispute over control of the right-wing media mogul's …

Stocks rise tracking political upheaval, data

Sep 08 2025

Global stock markets rose Monday, digesting more political upheaval in France and Japan as the tech-rich Nasdaq index …

BRICS leaders denounce protectionism, tariff 'blackmail'

Sep 08 2025

Leaders of the 11-member BRICS bloc railed against economic protectionism and "tariff blackmail" during a virtual …

Argentine peso, stocks fall after ruling party's election setback

Sep 08 2025

The Argentine peso and share prices dropped sharply Monday after President Javier Milei's libertarian party suffered a …

Germany's VW, China's BYD face off at Munich auto show

Sep 08 2025

Europe's top car manufacturer Volkswagen presented a series of more affordable electric vehicles Monday as Chinese EV …

VW unveils affordable EVs to take on Chinese rivals

Sep 08 2025

Europe's top car manufacturer Volkswagen on Monday presented a series of more affordable electric vehicles to take on …

At consumer tech show, German firms fret about US tariffs

Sep 08 2025

Displaying one of her company's hot plates proudly labelled "Made in Germany", Sigrid Klenk concedes that maintaining …

Germany's US exports hit four-year low as tariffs bite

Sep 08 2025

German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President …

Asian shares rise as Japan politics weigh on yen

Sep 08 2025

Asian markets rose on Monday, with Tokyo closing higher after Japanese Prime Minister Shigeru Ishiba's decision to …

'Trump Whisperer' ex-minister joins Japan PM race

Sep 08 2025

A former top diplomat dubbed the "Trump Whisperer" was the first candidate Monday to join the race to be Japan's next …

ECB set to hold rates steady with eye on France crisis

Sep 08 2025

The European Central bank is expected to hold interest rates steady again this week with inflation under control and US …

Most EU carmakers on track to meet emission targets: study

Sep 07 2025

Almost all European carmakers are on track to meet EU emission targets after winning a reprieve this year as electric …

Key OPEC+ members boost oil production

Sep 07 2025

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy …

Seoul says over 300 South Koreans detained in US to be released

Sep 07 2025

Seoul said Sunday that negotiations with the United States to secure the release of South Korean workers detained in an …

A 'real' movie fights back in anime-ruled Japan

Sep 07 2025

Pensioner Shizue Kato didn't fancy the new "Demon Slayer" anime blockbuster and instead watched "Kokuho", a rare live …

Indonesia's delayed new capital risks 'white elephant' status

Sep 07 2025

A year after it was inaugurated, Indonesia's would-be new capital Nusantara attracts tourists and construction workers, …

Tough negotiations and uncertainty ahead of OPEC+ meeting

Sep 07 2025

Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude …

'Build, baby, build': Canada PM's plan to counter Trump

Sep 07 2025

On the night he won Canada's election, Prime Minister Mark Carney summarized his plan to jumpstart the country's economy …

Seoul says over 300 South Koreans held in US battery plant site raid

Sep 06 2025

More than 300 South Koreans were among 475 people arrested by US immigration officials in a raid on a Hyundai-LG battery …

88 postal operators suspend services to US over tariffs: UN

Sep 06 2025

Postal traffic to the United States plunged more than 80 percent following Washington's imposition of new tariffs, with …

Swiss minister eyes 'opportunity' after US tariff talks

Sep 06 2025

Switzerland's vice president said Saturday he had had "constructive meetings" with senior US officials as the country …

AI giant Anthropic to pay $1.5 bn over pirated books

Sep 06 2025

Anthropic will pay at least $1.5 billion to settle a US class action lawsuit over allegedly using pirated books to train …

US Open offers home court advantage to top brands

Sep 06 2025

The US Open, the last Grand Slam of the tennis calendar, has become a coveted money-making opportunity for the world's …

Europe bets on supercomputer to catch up in AI race

Sep 05 2025

Europe's fastest supercomputer Jupiter was inaugurated Friday in Germany with Chancellor Friedrich Merz saying it could …

US jobs data boosts rate cut hopes but stocks slide

Sep 05 2025

Weak US jobs data cemented expectations of an interest rate cut later this month on Friday, but stocks slid on worries …

US agents arrest 475 in raid on Hyundai-LG plant

Sep 05 2025

South Koreans suspected of working in the United States illegally were the majority of 475 people arrested in a raid on …

EU massive fine against Google draws Trump threat

Sep 05 2025

The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own …

US hiring weakens sharply in August as jobs market stalls

Sep 05 2025

US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report …

EU hits Google with 2.95 bn euro fine despite Trump threats

Sep 05 2025

The EU on Friday slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own …

Spain's BBVA bank to start Sabadell offer Monday

Sep 05 2025

Spanish banking giant BBVA said on Friday its tender offer for smaller national rival Sabadell would start on Monday …

Tesla proposes package for Musk that could top $1 trillion

Sep 05 2025

Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial …

Seizing Russian assets would risk 'terrible systemic shock' to euro: Belgian FM

Sep 05 2025

Seizing Russian central bank assets immobilised in the 27-nation EU over the Ukraine war risks inflicting major damage …

EU hits Google with €2.95 bn fine despite Trump threats

Sep 05 2025

The EU slapped Google with a massive 2.95 billion euro ($3.47 billion) antitrust fine for favouring its own advertising …

China to impose temporary duties on EU pork

Sep 05 2025

China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow …

Stocks rise, dollar drops as US jobs data boosts rate cut hopes

Sep 05 2025

Stocks rose and the dollar slid Friday as a sharp slowdown in US hiring cemented expectations that the US Federal …

Merz inaugurates supercomputer, says Europe can catch up in AI race

Sep 05 2025

German Chancellor Friedrich Merz said on Friday that Europe can catch up in the global artificial intelligence race as …

US hiring significantly misses expectations as jobs market cools

Sep 05 2025

The US economy added significantly fewer jobs than expected in August, government data showed on Friday, in a closely …

Venice Film Festival a red carpet pulpit for 'King Giorgio' Armani

Sep 05 2025

For decades, the red carpet of the Venice Film Festival was one of Giorgio Armani's most high-profile catwalks, with the …

The massive debt behind France's political turmoil

Sep 05 2025

France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister …

Stocks rise ahead of key US jobs data

Sep 05 2025

Asian and European stock markets advanced on Friday ahead of a key US jobs report that will give insight into the …

China to impose temporary duties on EU pork over 'dumping'

Sep 05 2025

China said Friday it would impose temporary anti-dumping duties on European Union pork imports, delivering another blow …

Asian, European markets rally ahead of US jobs data

Sep 05 2025

Asian and European markets advanced on Friday, in line with a global equity rally ahead of a US jobs report that will …

Danish wind giant sues US government over project halt

Sep 05 2025

Danish energy group Orsted has filed a lawsuit seeking to prevent the US government from blocking the construction of …

German factory orders drop in new blow to economy

Sep 05 2025

German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's …

US AI giant Anthropic bars Chinese-owned entities

Sep 05 2025

Anthropic is barring Chinese-run companies and organizations from using its artificial intelligence services, the US …

Cooling US jobs market in focus as political scrutiny heats up

Sep 05 2025

US employment data on Friday is expected to confirm a cooled labor market, as companies pull back on hiring amid …

Asian markets rally as Chinese stocks selloff eases

Sep 05 2025

Asian markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the …