Business and Economy



Turkey opens Spotify probe after 'provocative playlist' complaint

AFP - 3h ago

Turkey's competition authority has launched an investigation into Spotify for anti-competitive practices as a deputy …

China's first Legoland opens to tourists in Shanghai

AFP - 9h ago

Thousands of local tourists poured into China's first-ever Legoland as it opened its gates in Shanghai on Saturday, the …

Eight OPEC+ alliance members move toward output hike at meeting

AFP - 17h ago

Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude production on Saturday, with …

Bombers and a 'beautiful bill' -- Trump celebrates US Independence Day

AFP - 18h ago

US President Donald Trump signed his flagship tax and spending bill into law Friday, capping a grandiose White House …

BRICS nations to denounce Trump tariffs

AFP - 18h ago

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry Donald Trump's hardline trade policies, but …

Trump signs 'big, beautiful' bill on US Independence Day

Jul 04 2025

US President Donald Trump signed his flagship tax and spending bill into law Friday, capping a pomp-laden White House …

BRICS nations to gather without Xi, Putin

Jul 04 2025

BRICS leaders will meet in Rio de Janeiro from Sunday, with the bloc depleted by the absence of China's Xi Jinping, who …

France says 'major issues' remain despite brandy price accord with China

Jul 04 2025

France on Friday praised China's steps to settle a trade dispute over European brandy imports but warned that "major …

Second day of travel chaos as French air traffic controllers strike

Jul 04 2025

A strike by French air traffic controllers brought a second day of chaos to European skies Friday, with flights for …

Rio to host BRICS summit wary of Trump

Jul 04 2025

The BRICS nations will convene for a summit in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on …

Stocks, dollar drop as tariff talk dominates

Jul 04 2025

Stock markets mostly fell while the dollar largely retreated Friday as international tensions over tariffs dominated …

Trump to sign 'big, beautiful' bill on US Independence Day

Jul 04 2025

US President Donald Trump prepared Friday to sign his flagship tax and spending bill in a pomp-laden Independence Day …

France praises China Cognac progress, warns of unresolved issues

Jul 04 2025

France on Friday praised steps taken by China to settle a long-running trade dispute concerning European brandies but …

China to require EU brandy exporters to raise prices or face tariffs

Jul 04 2025

China will require major European brandy exporters to raise prices or risk anti-dumping taxes of up to 34.9 percent from …

Trump wins 'phenomenal' victory as Congress passes flagship bill

Jul 04 2025

US President Donald Trump boasted of a "phenomenal victory" to cheering supporters at a rally in Iowa on Thursday after …

What is the state of play with Trump's tariffs?

Jul 04 2025

With sweeping tariffs on friend and foe, US President Donald Trump has roiled financial markets and sparked a surge in …

Where do trade talks stand in the rush to avert higher US tariffs?

Jul 04 2025

As a Wednesday deadline approaches for steeper US tariffs to hit dozens of economies ranging from the EU to India, trade …

As US stocks hit records, experts see the dollar falling further

Jul 04 2025

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting …

South American bloc looks to Asia, Europe in face of Trump trade war

Jul 03 2025

South America's Mercosur bloc sought Thursday to expand its markets in the face of US President Donald Trump's global …

World Bank's IFC ramps up investment amid global uncertainty

Jul 03 2025

While the world economy faces instability from US President Donald Trump's threats of a global trade war, the …

Trump wins major victory as Congress passes flagship bill

Jul 03 2025

US President Donald Trump on Thursday secured a major political victory when Congress narrowly passed his signature tax …

Stocks climb as strong US jobs data soothes growth worries

Jul 03 2025

Wall Street stock indices finished at fresh records Thursday following solid US jobs data as President Donald Trump's …

Trump wins major victory as flagship bill passes Congress

Jul 03 2025

US President Donald Trump on Thursday secured a major political victory when Congress narrowly passed his flagship tax …

UN expert says firms 'profiting' from 'genocide' of Palestinians

Jul 03 2025

UN rights expert Francesca Albanese on Thursday denounced companies she said "profited from the Israeli economy of …

Modi pushes further India-Africa cooperation on Ghana visit

Jul 03 2025

Indian Prime Minister Narendra Modi on Thursday outlined plans for deeper ties between his country and Africa, as New …

Trump close to victory on flagship tax bill

Jul 03 2025

US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill Thursday after bruising Republican …

Hidden gem: Angola opens up to tourists in a pivot from oil

Jul 03 2025

When Feliesiano Muteca started surfing a decade ago, he had the waves at Cabo Ledo on Angola's long Atlantic coastline …

US trade deficit widens in May as Trump tariffs fuel uncertainty

Jul 03 2025

The US trade deficit widened more than expected in May, with both imports and exports declining as US President Donald …

Joy riders give Paris bike share system a flat

Jul 03 2025

Paris's public bike sharing system, Velib, is losing more than 600 bicycles per week to joy riders, threatening to …

US hiring beats expectations in June despite tariff worries

Jul 03 2025

The US economy added more jobs than expected in June while the unemployment rate edged down, government data showed …

Stocks climb as strong US jobs data pushes off rate hike

Jul 03 2025

Stock markets rose and the dollar slid Thursday as strong jobs data showed the resilience of the US economy and reduced …

Ten years after Brazil mine disaster, pollution persists

Jul 03 2025

A decade after a dam collapsed in Brazil, sending a deluge of toxic mud into villages and waterways, residents complain …

US House close to final vote on Trump tax bill

Jul 03 2025

US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for Thursday morning after bruising …

France fines Shein 40 mn euros over 'deceptive' sales practices

Jul 03 2025

France announced Thursday a record 40 million-euro fine against e-commerce giant Shein over "deceptive commercial …

Ethiopia's mega dam on the Nile 'now complete': PM

Jul 03 2025

Ethiopia's Prime Minister Abiy Ahmed on Thursday said a multi-billion-dollar mega-dam on the Blue Nile that has long …

Stock markets, dollar steady before US jobs data

Jul 03 2025

Stock markets and the dollar largely steadied Thursday before key US jobs data and as investors kept a close eye on …

US-Vietnam trade deal sows new China standoff

Jul 03 2025

Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but has …

Strike by French air traffic controllers disrupts summer travel

Jul 03 2025

French air traffic controllers launched a two-day strike on Thursday to demand better working conditions, disrupting …

Japan plans 'world first' deep-sea mineral extraction

Jul 03 2025

Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest trial of its kind, …

Stocks rise, dollar dips ahead of US jobs data

Jul 03 2025

Stocks mostly rose Thursday and the dollar fell as investors eye US jobs data that could play a key role in the Federal …

Asian stocks mixed as traders shrug at US-Vietnam trade deal

Jul 03 2025

Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the …

US-Vietnam trade deal sows new China uncertainty

Jul 03 2025

Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts …

Drought-hit Morocco turns to desalination to save vegetable bounty

Jul 03 2025

On the drought-stricken plains of Morocco's Chtouka region, cherry tomato farms stretch as far as the eye can see, …

In US capital, Trump tariffs bite into restaurant profits

Jul 03 2025

Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher …

Fate of major trade deal with EU hangs over Mercosur summit

Jul 02 2025

The fate of a landmark trade deal with the European Union, which France is trying to block, loomed over a gathering of …

UK's Starmer backs finance minister after tears in parliament

Jul 02 2025

UK Prime Minister Keir Starmer on Wednesday said that finance minister Rachel Reeves would remain in her role for "a …

US stocks back at records as oil prices rally

Jul 02 2025

Major US stock indices closed at fresh records Wednesday following a US-Vietnam trade deal, while oil prices jumped …

US senator urges bribery probe over Trump-Paramount settlement

Jul 02 2025

A US senator renewed calls Wednesday for a bribery investigation into Paramount following its $16 million settlement …

Tesla reports lower car sales, extending slump

Jul 02 2025

Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric …

Trump says Vietnam to face 20% tariff under 'great' deal

Jul 02 2025

President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would …

Wall Street shrugs off drop US private sector jobs

Jul 02 2025

Wall Street on Wednesday largely shrugged off data showing an unexpected drop in US private sector jobs and US President …

Tesla reports lower car sales but figures better than feared

Jul 02 2025

Tesla reported another hefty drop in auto sales Wednesday, extending a difficult period amid intensifying electric …

French court convicts ex-Ubisoft bosses for workplace harassment

Jul 02 2025

A French court sentenced three former Ubisoft executives on Wednesday to suspended prison terms for enabling a culture …

Stocks stuck as US private sector jobs disappoint, UK's Reeves future uncertain

Jul 02 2025

Stock markets were stuck Wednesday as US President Donald Trump ruled out a fresh tariffs delay and the US private …

UK govt backs finance minister after tears in parliament

Jul 02 2025

The British government said Wednesday that finance minister Rachel Reeves was "going nowhere" after she appeared visibly …

US private sector shed jobs for first time in recent years: ADP

Jul 02 2025

The US private sector unexpectedly lost jobs in June, according to data from payroll firm ADP on Wednesday, a potential …

Public or private? Funding debate splits reeling aid sector

Jul 02 2025

As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the …

Stocks diverge as tariffs deadline looms

Jul 02 2025

Stock markets diverged and the dollar rose Wednesday as US President Donald Trump ruled out a fresh delay to reciprocal …

Hong Kong to regain IPO crown this year, say PwC and Deloitte

Jul 02 2025

Hong Kong is expected to lead the world in IPO financing this year despite uncertainty from geopolitical tensions and …

Fire that closed Heathrow traced to unrepaired transformer

Jul 02 2025

A fire at an electrical substation that forced a shutdown at London's Heathrow Airport in March was likely caused by …

Asian markets mixed as trade deal cut-off looms

Jul 02 2025

Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff …

'Writing is thinking': do students who use ChatGPT learn less?

Jul 02 2025

When Jocelyn Leitzinger had her university students write about times in their lives they had witnessed discrimination, …

Australian airline Qantas says hit by 'significant' cyberattack

Jul 02 2025

Australian airline Qantas said Wednesday it was investigating a "significant" cyberattack, after hackers infiltrated a …

India exporters cautiously optimistic as US tariff deadline looms

Jul 02 2025

Indian exporters are anxiously eyeing the possible reintroduction of Donald Trump's punishing tariffs next week, though …

Philippines biodiversity hotspot pushes back on mining

Jul 02 2025

A nickel stockpile towers over farmer Moharen Tambiling's rice paddy in the Philippines' Palawan, evidence of a mining …

Deal or no deal: What happens with Trump's July tariff deadline?

Jul 02 2025

A week before US President Donald Trump reimposes steep tariffs on dozens of economies, including the EU and Japan, many …

Global stocks mixed as markets track US trade deal prospects

Jul 01 2025

Global stocks were mixed Tuesday as markets monitored congressional progress on Donald Trump's massive tax and spending …

Big automakers report US sales jump on pre-tariff consumer surge

Jul 01 2025

Several leading automakers including Detroit giants General Motors and Ford reported increased US car sales in the …

UK govt guts key welfare reforms to win vote after internal rebellion

Jul 01 2025

UK Prime Minister Keir Starmer avoided a humiliating parliamentary defeat on key welfare reforms Tuesday, after making …

French league launches own channel to broadcast Ligue 1

Jul 01 2025

The French football league (LFP) announced on Tuesday the creation of its own channel to broadcast Ligue 1 matches next …

UN aid meeting seeks end to Global South debt crisis

Jul 01 2025

More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing …

Trump ramps up Musk feud with deportation threat

Jul 01 2025

Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech …

US Senate approves divisive Trump spending bill

Jul 01 2025

The Republican-led US Senate approved President Donald Trump's mammoth domestic policy bill Tuesday by the narrowest of …

IMF urges Swiss to strengthen bank resilience

Jul 01 2025

The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the …

UK govt braces for crunch welfare reforms vote amid major rebellion

Jul 01 2025

UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday, as MPs …

Stocks diverge while tracking US trade deal prospects

Jul 01 2025

European stocks ended mixed on Tuesday while Wall Street indices diverged after marching towards records as investors …

US Republicans close in on make-or-break Trump mega-bill vote

Jul 01 2025

US senators raced towards a final vote Tuesday on President Donald Trump's mammoth domestic policy bill, as Republicans …

Trump ramps up Musk feud with deportation, DOGE threats

Jul 01 2025

Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech …

Stocks retreat as profit-taking follows Wall Street records

Jul 01 2025

US and European stocks were mostly lower on Tuesday after Wall Street indexes closed the second quarter at record highs, …

Trump says will 'take a look' at deporting Musk

Jul 01 2025

US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire …

Greece starts charging tourist tax on cruises

Jul 01 2025

Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor …

US Senate push to pass Trump's unpopular spending bill enters second day

Jul 01 2025

Republican senators struggled Tuesday for a second day to pass President Donald Trump's flagship spending bill, which …

Stocks struggle tracking US trade deal prospects

Jul 01 2025

Most stock markets retreated Tuesday and the dollar dipped as investors weighed the prospect of US trade deals being …

UK govt faces major rebellion in welfare vote

Jul 01 2025

UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday with …

Indian capital bans fuel for old cars in anti-pollution bid

Jul 01 2025

India's capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity's …

Asian stocks rise on trade deal hopes, Tokyo hit by Trump warning

Jul 01 2025

Asian stocks rose Tuesday amid optimism countries will strike US trade deals, but Tokyo's Nikkei sank after Donald Trump …

CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors

Jul 01 2025

Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the …

Asian stocks rise on trade deal hopes, Tokyo hit by tariff warning

Jul 01 2025

Asian stocks rose Tuesday amid optimism countries will strike US trade deals, though Tokyo's Nikkei sank after Donald …

US judge orders Argentina to sell 51% stake in oil firm YPF

Jul 01 2025

A federal judge in New York ordered Argentina on Monday to sell its majority stake in oil firm YPF, the latest blow to …

EPA employees accuse Trump administration of 'ignoring' science

Jun 30 2025

US President Donald Trump's administration is "ignoring the scientific consensus to benefit polluters," hundreds of …

Wall Street stocks rally further on trade and tax deal optimism

Jun 30 2025

Wall Street stocks pushed into new record territory on Monday amid optimism the United States would reach trade deals …

NASA eyes summer streaming liftoff on Netflix

Jun 30 2025

Streaming giant Netflix said Monday it will soon allow viewers to binge rocket launches and spacewalks through a …

Meta's AI talent war raises questions about strategy

Jun 30 2025

Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about …

White House says Canada 'caved' to Trump on tech tax

Jun 30 2025

The White House said Monday that Canadian Prime Minister Mark Carney had "caved" to President Donald Trump, after Canada …

S.Africa's ex-transport bosses charged over Zuma-era graft case

Jun 30 2025

Four former executives at South Africa's failing transport company were arrested and charged Monday over allegations of …

Nigeria theme park offers escape from biting economy

Jun 30 2025

Guests poured in through an entry gate on the ground floor of a castle. Inside, vendors dressed as medieval court …

ADB acting on US concerns over China, bank chief tells AFP

Jun 30 2025

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president …

UN chief urges aid surge in world of 'climate chaos, raging conflicts'

Jun 30 2025

UN chief Antonio Guterres urged the world to "rev up the engine of development" at an aid conference on Monday as US-led …

Wall Street stocks rally further on trade deal optimism

Jun 30 2025

Wall Street stocks pushed into record territory yet again on Monday amid optimism the United States would reach trade …

NGO loses bid to block UK export of military equipment to Israel

Jun 30 2025

The High Court in London rejected a legal challenge on Monday brought by a Palestinian rights group seeking to block the …

Stocks muted as investors eye US trade talks

Jun 30 2025

Global equities steadied Monday as investors kept tabs on countries' efforts to strike trade deals with the United …

Most Asian stocks rise as investors eye US trade talks

Jun 30 2025

Equities mostly rose Monday following a record-breaking day on Wall Street as investors kept tabs on countries' efforts …