Business and Economy
Markets boosted as Trump softens tariff pain for auto firms
AFP - 6m ago
Markets rose Tuesday following news that Donald Trump is set to let auto makers off some of his wide-ranging tariffs, …
Full Story »
Power returns to most of Spain, Portugal after massive blackout
AFP - 2h ago
Lights flickered back to life in Spain and Portugal Tuesday after a massive blackout hit the Iberian peninsula stranding …
Full Story »
Elitist no more, caviar is turning casual
AFP - 3h ago
When Burger King announced it was selling caviar with nuggets at its French restaurants on April 1, many people assumed …
Full Story »
Dead salmon create election stink on Australian island
AFP - 5h ago
On a tree-lined beach in Australia's rugged island state of Tasmania, locals discovered popcorn-sized bits of dead …
Full Story »
Markets rise as traders gear up for earnings, key jobs data
AFP - 5h ago
Markets edged up Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and …
Full Story »
Spain and Portugal work to restore power after massive blackout
AFP - 1h ago
Lights flickered back to life in Spain and Portugal early Tuesday after a massive blackout hit the Iberian peninsula …
Full Story »
Calls for 'diplomacy,' 'cooperation' at BRICS summit
AFP - 6h ago
Brazil, which chairs the 11-nation BRICS grouping that also includes Russia and China, called for closer cooperation …
Full Story »
ChatGPT adds shopping help, intensifying Google rivalry
AFP - 7h ago
OpenAI announced Monday that ChatGPT is now helping users find products online, enhancing its challenge to Google amid …
Full Story »
Amazon launches first Starlink-rival internet satellites
AFP - 7h ago
Amazon on Monday launched its first batch of Project Kuiper internet satellites, marking the start of its push to rival …
Full Story »
Power outage brings chaos to Spain and Portugal
Apr 28 2025
Lights flickered back to life in Spain and Portugal early Tuesday after a massive blackout hit the Iberian peninsula …
Full Story »
Trump trade war dominates BRICS meeting in Brazil
Apr 28 2025
The foreign ministers of Brazil, China, Russia and other BRICS members began two days of talks in Rio de Janeiro Monday …
Full Story »
Global stocks mixed amid trade hopes as markets await tech earnings
Apr 28 2025
Global stocks were steady on Monday as investors welcomed the absence of further trade war escalation over the weekend …
Full Story »
Massive blackout hits Spain and Portugal
Apr 28 2025
Large swathes of Spain and Portugal remained without power late on Monday, after being hit by a massive blackout that …
Full Story »
Amazon set for launch of Starlink-rival satellites
Apr 28 2025
After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first batch of Project Kuiper …
Full Story »
Stock markets diverge amid trade hopes, ahead of earnings
Apr 28 2025
Global stocks markets diverged on Monday as investors welcomed the absence of further trade war escalation over the …
Full Story »
Massive blackout hits all of Spain and Portugal
Apr 28 2025
Power went out across Spain and Portugal on Monday, halting train traffic, clogging roads and trapping people in …
Full Story »
Empty shelves? US Treasury secretary not concerned 'at present'
Apr 28 2025
US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially …
Full Story »
Stock markets mostly higher amid trade talk hopes
Apr 28 2025
Stocks mostly rose on Monday as investors welcomed the absence of further trade war escalation over the weekend and as …
Full Story »
Stock markets mostly rise amid trade talk hopes
Apr 28 2025
Stocks mostly rose on Monday as investors welcomed the absence of further trade war escalation over the weekend and as …
Full Story »
India says signs deal with France for 26 Rafale fighter jets
Apr 28 2025
India has signed a contract to purchase 26 Rafale fighter jets from France, New Delhi's defence ministry said Monday, …
Full Story »
Italy bank merger wave heats up as Mediobanca eyes Banca Generali
Apr 28 2025
Italian bank Mediobanca, itself battling to fend off a hostile takeover by a rival, announced on Monday a …
Full Story »
Stock markets mostly rise as investors eye trade talks
Apr 28 2025
Stocks mostly rose on Monday as investors assess how the land lies on the trade war front with countries seeking to …
Full Story »
China says on 'right side of history' in trade standoff with US
Apr 28 2025
A top Chinese economic official on Monday said Beijing was on the "right side of history" in its gruelling trade war …
Full Story »
Asian markets mixed as investors eye trade talks
Apr 28 2025
Asian stocks were mixed Monday as investors assess how the land lies on the trade war front with countries seeking to …
Full Story »
Smart driving new front in China car wars despite fatal crash
Apr 28 2025
Intelligent driving features are the new battleground in China's merciless car market, with competition spurring brands …
Full Story »
Austria trials DNA testing to uncover honey fraud
Apr 27 2025
At a laboratory in Austria's mountainous Tyrol province, scientists are DNA testing about 100 honey samples a month to …
Full Story »
Trump trade war pushes firms to consider stockpiling
Apr 27 2025
Stockpiling is the reflex response by firms to the imposition of tariffs, but with the rapidly-changing position of the …
Full Story »
Chinese tea hub branches into coffee as tastes change
Apr 27 2025
At a mountainside cafe in southwestern China, Liao Shihao brews handfuls of locally grown beans into steaming cups of …
Full Story »
Turkey's opposition says Erdogan's canal plan behind latest arrests
Apr 26 2025
Prosecutors in Turkey announced dozens more arrests Saturday as part of an ongoing corruption probe, denounced by …
Full Story »
Foreign carmakers strive for 'China Speed' to stay in race
Apr 26 2025
In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car …
Full Story »
Xi says China must 'overcome' AI chip challenges
Apr 26 2025
President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end …
Full Story »
India and Pakistan's Kashmir fallout hits economy too
Apr 26 2025
Rapidly deteriorating relations between India and Pakistan over a deadly shooting in Kashmir are starting to have small …
Full Story »
Developing countries should fast-track US trade deals: World Bank president
Apr 26 2025
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the …
Full Story »
Trump tariff promises get a reality check
Apr 25 2025
A gathering of global economic leaders in Washington wraps up Saturday with tariff talks between the United States and …
Full Story »
US stocks extend rally as market eyes busy calendar next week
Apr 25 2025
Wall Street stocks overcame early weakness Friday to push higher for a fourth straight positive session, following gains …
Full Story »
IMF chief hails 'constructive' Spring Meetings held under tariff uncertainty
Apr 25 2025
The head of the International Monetary Fund said Friday that financial leaders meeting in Washington this week had shown …
Full Story »
Bayer says legal woes could force it to pull weedkiller
Apr 25 2025
German pharmaceuticals and agrichemicals firm Bayer said Friday it could be forced to pull its Roundup weedkiller from …
Full Story »
Wall Street stock rally falters as Trump touts 50% tariff victory
Apr 25 2025
Wall Street stock markets wobbled Friday after President Donald Trump indicated he envisages stiff US tariffs even after …
Full Story »
German prosecutors seek jail terms in VW 'dieselgate' trial
Apr 25 2025
German prosecutors asked for jail sentences Friday in the trial of four former Volkswagen managers accused of fraud in …
Full Story »
EU, US should de-escalate and negotiate trade deal: IMF Europe director
Apr 25 2025
The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the …
Full Story »
Lego block: Dutch court rules mould maker can't use toy trademark
Apr 25 2025
A Dutch court Friday ordered a local concrete block mould manufacturer to scrap the word "Lego" on its website, saying …
Full Story »
Russia holds key rate at two-decade high despite slowdown fears
Apr 25 2025
Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, …
Full Story »
Trump claims China's Xi called him on tariffs
Apr 25 2025
US President Donald Trump has insisted Chinese leader Xi Jinping called him despite Beijing denials of any contact …
Full Story »
TikTok videos exploit trade war to sell fake luxury goods
Apr 25 2025
TikTok abounds with viral videos accusing prestigious brands of secretly manufacturing luxury goods in China so they can …
Full Story »
Stock markets rise on hopes of easing trade tensions
Apr 25 2025
Asian and European stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent …
Full Story »
China's top leaders pledge economic support as trade war rages
Apr 25 2025
China's top leaders pledged on Friday to step up support for the economy and oppose "unilateral bullying" in global …
Full Story »
Arms maker Saab posts record sales as Europe rearms
Apr 25 2025
Swedish defence group Saab on Friday reported soaring quarterly earnings and record sales as European countries beef up …
Full Story »
Asian and European stocks rise in wake of Wall Street rally
Apr 25 2025
Asian and European stocks climbed on Friday, buoyed by a rally on Wall Street and the prospect of trade deals …
Full Story »
Asia stocks rise in wake of Wall Street rally
Apr 25 2025
Asian stocks climbed on Friday, buoyed by a rally on Wall Street and the prospect of trade deals progressing between the …
Full Story »
Trump signs order to ramp up US deep-sea mining
Apr 25 2025
President Donald Trump has defied international norms on the nascent field of deep-sea mining, signing an executive …
Full Story »
Alphabet quarterly earnings lifted by cloud and AI
Apr 25 2025
Google parent Alphabet on Thursday reported profit of $34.5 billion in the recently ended quarter, powered by its cloud …
Full Story »
Intel chief vows to thin ranks at US chip maker
Apr 25 2025
New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White …
Full Story »
Stocks rally rolls on in US, mixed elsewhere
Apr 24 2025
Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water …
Full Story »
EU still far from tariff deal with US: French minister
Apr 24 2025
The European Union and United States are far from reaching a deal on tariffs, France's economy minister said Thursday, …
Full Story »
Panama president says moving toward reopening contested mine
Apr 24 2025
Panamanian President Jose Raul Mulino said Thursday that his government was working toward the reopening of Central …
Full Story »
Trump trade deals appear distant as tariff tensions simmer
Apr 24 2025
US President Donald Trump's promises of securing trade deals with major partners took another blow Thursday, with a …
Full Story »
Trump tariff talks are prolonging uncertainty: S.Africa central bank chair
Apr 24 2025
The central bank governor of G20 chair South Africa warned Thursday that the ongoing trade talks sparked by US President …
Full Story »
Corona beer maker Modelo says to invest $3.6 bn in Mexico
Apr 24 2025
Grupo Modelo, the producer of Corona and other Mexican beer brands, said Thursday that it would invest more than $3.6 …
Full Story »
American Airlines pulls 2025 forecast on economic uncertainty
Apr 24 2025
American Airlines withdrew its full-year profit forecast Thursday, citing economic uncertainty that has clouded its …
Full Story »
US opposes 'dangerous' anti-fossil fuel policies at global summit
Apr 24 2025
An international summit on the future of energy security opened in London on Thursday with stark opposition from …
Full Story »
Stocks rally rolls on in US, fizzles elsewhere
Apr 24 2025
Wall Street stocks pushed higher for a third day on Thursday but the rally fizzled elsewhere as China poured cold water …
Full Story »
European carmakers on China charm offensive as sales droop
Apr 24 2025
Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the …
Full Story »
Trump should be 'free' to criticize the Fed, senior official says
Apr 24 2025
President Donald Trump should be free to voice his opinion about the US Federal Reserve, a senior bank official said …
Full Story »
US existing home sales see biggest drop since 2022
Apr 24 2025
Sales of existing US homes pulled back more than expected in March, logging their biggest drop since late-2022 according …
Full Story »
Germany expects zero GDP growth this year, blames Trump tariffs
Apr 24 2025
Germany's economy is expected to post zero growth this year, outgoing Economy Minister Robert Habeck said Thursday, …
Full Story »
'Made in America' lingerie squeezed by Trump's tariffs
Apr 24 2025
After years spent working in sweatshops in California, Francisco Tzul got a job at a trendy lingerie brand that prides …
Full Story »
US Treasury chief raised 'important issues' in IMF criticism: Georgieva
Apr 24 2025
US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" …
Full Story »
US existing home sales retreat more than expected in March
Apr 24 2025
Sales of existing US homes pulled back more than expected in March, according to industry data released Thursday, as …
Full Story »
Stocks rally fades along with hopes of quick US-China trade deal
Apr 24 2025
A rally on global stock markets fizzled Thursday as China poured cold water on US President Donald Trump's comments …
Full Story »
Warning lights flash at Nissan after monster profit warning
Apr 24 2025
The road ahead looks treacherous for Nissan after the Japanese auto giant predicted an enormous loss just as US …
Full Story »
P&G cuts outlook as consumers pull back amid tariffs
Apr 24 2025
Procter & Gamble cut its sales and profit forecast Thursday, citing a pullback in consumer behavior as uncertainty over …
Full Story »
Pope's death sparks betting frenzy for successor
Apr 24 2025
The date when Catholic cardinals will gather to select Pope Francis's successor is not yet known. But bookmakers and …
Full Story »
Nissan forecasts huge annual net loss of up to $5.3 bn
Apr 24 2025
Struggling Japanese auto giant Nissan issued a stark profit warning on Thursday, forecasting a huge loss of up to $5.3 …
Full Story »
Stock markets mostly fall as hopes of US-China trade deal dampen
Apr 24 2025
Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump's comments talking …
Full Story »
Asian markets mixed as China dispels Trump talk of tariff negotiations
Apr 24 2025
Asian markets were mixed on Thursday as China poured cold water on US President Donald Trump's comments talking up the …
Full Story »
Americans wary of Trump's economic about-faces
Apr 24 2025
President Donald Trump's various U-turns are leaving Americans disillusioned -- especially after he was elected on vows …
Full Story »
Tesla's EU sales plunge as Musk takes flak
Apr 24 2025
Tesla electric car sales in Europe plunged in the first three months of the year, industry data showed Thursday, in a …
Full Story »
Asian markets mixed as Trump soothes Fed fears
Apr 24 2025
Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central …
Full Story »
Asian markets mostly up as Trump soothes Fed fears
Apr 24 2025
Asian markets were mixed on Thursday after President Donald Trump said he had "no intention" of firing the US central …
Full Story »
Australia to stockpile critical minerals in strategic reserve
Apr 24 2025
Australia will stockpile critical minerals in a new strategic reserve, Prime Minister Anthony Albanese said Thursday, as …
Full Story »
S. Korea's economy shrinks in first quarter as trade war hits exports
Apr 24 2025
South Korea's economy unexpectedly contracted 0.1 percent in the first three months of this year, the country's central …
Full Story »
Chinese business in Vietnam struggles with Trump tariffs uncertainty
Apr 24 2025
A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose …
Full Story »
Bessent says 'no currency targets' in Japan tariff talks
Apr 24 2025
US Treasury Secretary Scott Bessent said Wednesday that Washington has "no currency targets" in its talks with Japan on …
Full Story »
SK hynix posts record profits thanks to strong AI demand
Apr 24 2025
South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for …
Full Story »
Nintendo bullish on Switch 2 pre-sales in Japan
Apr 24 2025
Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of …
Full Story »
Trump seeks 'fair deal' with China but pathway unclear
Apr 24 2025
US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials …
Full Story »
YouTube says more than 20 billion videos uploaded in 20 years
Apr 24 2025
YouTube on Wednesday celebrated more than 20 billion videos being uploaded to the platform since the first clip debuted …
Full Story »
EU slaps fines on Apple and Meta, risking Trump fury
Apr 24 2025
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, …
Full Story »
12 US states sue over Trump's tariffs
Apr 23 2025
A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the …
Full Story »
WEF confirms investigation into claims against founder Schwab
Apr 23 2025
The World Economic Forum said Wednesday it has launched an investigation into fraud allegations against its founder …
Full Story »
Boeing says China not accepting planes over US tariffs
Apr 23 2025
Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the …
Full Story »
Stocks rally as Trump soothes fears over China trade, Fed
Apr 23 2025
A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" …
Full Story »
Trump's popularity with US voters slumps in opinion polls
Apr 23 2025
US President Donald Trump's popularity has sunk since his riotous return to the White House, polls showed Wednesday, …
Full Story »
US Treasury chief says IMF, World Bank must be 'fit for purpose'
Apr 23 2025
The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott …
Full Story »
French president announces economic deals with Madagascar
Apr 23 2025
France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, …
Full Story »
Auto Shanghai showcases new EV era despite tariff speedbumps
Apr 23 2025
The world's largest auto expo opened its doors Wednesday in Shanghai, showcasing the new electric world order even as …
Full Story »
200 French media groups sue Meta over 'unlawful' advertising: lawyers
Apr 23 2025
Around 200 French media groups, including leading television channels and newspapers, are taking legal action against …
Full Story »
IMF warns of 'intensified' risks to public finances amid US trade war
Apr 23 2025
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, …
Full Story »
IMF warns of 'intensified' risks to outlook for public finances
Apr 23 2025
Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, …
Full Story »
China says 'door open' to trade talks after Trump signals tariffs will fall
Apr 23 2025
China said on Wednesday the door was "wide open" for trade talks with Washington, a day after US President Donald Trump …
Full Story »
Stocks rally as Trump comments ease Fed, China trade fears
Apr 23 2025
Equities rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of the …
Full Story »
Trump says won't fire Fed chief, signals China tariffs will come down
Apr 23 2025
Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a …
Full Story »