Business and Economy



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

AFP - 46m ago

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

AFP - 1h ago

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

AFP - 2h ago

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

AFP - 2h ago

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

AFP - 2h ago

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

AFP - 3h ago

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

AFP - 2h ago

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

AFP - 3h ago

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

AFP - 52m ago

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

AFP - 1h ago

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

AFP - 1h ago

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

AFP - 6h ago

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

AFP - 13m ago

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

AFP - 2h ago

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

AFP - 2h ago

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

AFP - 5h ago

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

AFP - 9h ago

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

AFP - 3h ago

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

AFP - 10h ago

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

AFP - 4h ago

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

AFP - 16h ago

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 …

'Embracing AI': TomTom cuts 300 jobs

Jun 30 2025

Dutch car navigation firm TomTom said on Monday that it was slashing 300 jobs, roughly 10 percent of its workforce, as …

Bangladesh's biggest port resumes operations as strike ends

Jun 30 2025

Bangladesh's biggest port resumed operations on Monday after customs officials called off a strike that had disrupted …

Tougher Singapore crypto regulations kick in

Jun 30 2025

Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence …

China's top diplomat visits Europe pitching closer ties in 'volatile' world

Jun 30 2025

China's top diplomat heads to Europe on Monday for a visit which Beijing said will highlight ties as an "anchor of …

Canada rescinds tax on US tech firms in hopes of Trump trade deal

Jun 30 2025

Canada will rescind taxes impacting US tech firms that had prompted President Donald Trump to retaliate by calling off …

Meta spending big on AI talent but will it pay off?

Jun 30 2025

Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial …

Trump says 'very wealthy' group to buy TikTok

Jun 29 2025

President Donald Trump said Sunday a group of buyers had been found for TikTok, which faces a looming ban in the United …

Strike shuts down Bangladesh's biggest port

Jun 29 2025

Operations at Bangladesh's biggest port were suspended on Sunday as a strike by customs officials brought shipping …

Trump metal tariffs wreak havoc on US factory

Jun 29 2025

In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape -- but tempers are …

'Eat the rich': Venice protests shadow Bezos wedding

Jun 28 2025

At least 500 protesters marched through Venice on Saturday, condemning Amazon founder Jeff Bezos's wedding to journalist …

Trump ends trade talks with Canada over tax hitting US tech firms

Jun 27 2025

President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting …

US stocks back at records on US-China trade progress

Jun 27 2025

Wall Street stocks finished at fresh records Friday as US-China trade progress restored the market to its heights prior …

US inflation edges up as Trump renews criticism of Fed chief

Jun 27 2025

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering …

Trump ends trade talks with Canada over tax on US tech firms

Jun 27 2025

President Donald Trump said Friday he is calling off trade negotiations with Canada in retaliation for taxes impacting …

US stocks hit record on US-China trade progress

Jun 27 2025

Wall Street climbed into record territory Friday as the United States and China moved closer to a trade deal and …

UK govt climbs down on welfare cuts in latest U-turn

Jun 27 2025

The UK government backed down Friday on controversial plans to slash disability and sickness benefits after a major …

US Fed's preferred inflation gauge picks up as tariff effects loom

Jun 27 2025

The US Federal Reserve's preferred measure of inflation edged up in May while spending weakened, government data showed …

Anna Wintour steps down as US Vogue editor after nearly 40 years

Jun 27 2025

Magazine legend Anna Wintour stepped down as editor of US Vogue on Thursday after 37 years during which she was often …

Stocks rise as US-China reach trade deal framework

Jun 27 2025

European stocks rose Friday as the United States and China moved closer to a trade deal and as hopes of a further delay …

Spain makes Booking.com scrap 4,000 tourist rental ads

Jun 27 2025

Online hotel booking giant Booking.com on Friday said it had taken down thousands of advertisements in Spain in the …

Dollar holds losses on rate cut bets, trade hope boosts stocks

Jun 27 2025

The dollar held around three-year lows Friday as traders ramp up bets on US interest rate cuts, while most stock markets …

China confirms trade deal framework reached with United States

Jun 27 2025

China confirmed on Friday details on the framework of a trade deal with the United States, saying Washington would lift …

Green bonds offer hope, and risk, in Africa's climate fight

Jun 27 2025

It only took two days for Nigeria to raise $59 million through green bonds -- part of a funding drive for climate and …

Stocks climb, dollar holds on trade hopes and rate bets

Jun 27 2025

Asian markets rose Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US …

US Treasury signals G7 deal excluding US firms from some taxes

Jun 27 2025

US Treasury Secretary Scott Bessent signaled Thursday that a deal is forthcoming among G7 nations allowing US firms to …

Nike profits sink but company says it is turning a corner

Jun 26 2025

Nike reported sharply lower quarterly profits Thursday, but signaled it was past the worst stage of a corporate …

Dollar slides as Trump eyes new Fed boss

Jun 26 2025

The dollar hit a three-year low on Thursday as President Donald Trump eyed candidates to succeed Federal Reserve boss …

Facing EU deadline, Apple announces App Store changes

Jun 26 2025

Apple announced changes to its App Store payment rules in Europe as it hit a Thursday deadline to address accusations of …

Anna Wintour steps down as editor of US Vogue after nearly 40 years

Jun 26 2025

Magazine legend Anna Wintour is stepping down as editor of fashion bible US Vogue after 37 years in the post, US media …

Spain court suspends huge Ryanair 'abusive practices' fine

Jun 26 2025

A Spanish court on Thursday said it had temporarily suspended heavy fines the leftist government imposed on budget …

Nigeria's Tinubu signs major tax overhaul

Jun 26 2025

Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country's tax …

After NATO deal, how far will EU go for trade peace with Trump?

Jun 26 2025

After satisfying Donald Trump's calls for Europe to ramp up defence spending in NATO, EU leaders were meeting in …

Roblox's Grow a Garden explodes online video game numbers

Jun 26 2025

A gardening game created by a teenager on online platform Roblox has attracted a record 21 million simultaneous players, …

Bezos wedding festivities kick off in Venice

Jun 26 2025

VIPs whizzed by speed boat through Venice Thursday as the three-day wedding party of Amazon tycoon Jeff Bezos and Lauren …

US stocks rise, dollar slides as Trump eyes new Fed boss

Jun 26 2025

US stock markets rose and the dollar slid Thursday as President Donald Trump lined up candidates to succeed Federal …

Stocks mixed with eyes on Mideast, dollar hit by Trump Fed comment

Jun 26 2025

Stocks were mixed Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar …

H&M sales fall in second quarter on stronger currency

Jun 26 2025

Swedish fashion giant H&M on Thursday reported a drop in sales and profit in the second quarter, as currency effects …

Migrant money from Russia a lifeline for Central Asia

Jun 26 2025

In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference hall and …

Global matcha 'obsession' drinks Japan tea farms dry

Jun 26 2025

At a minimalist Los Angeles matcha bar, powdered Japanese tea is prepared with precision, despite a global shortage …

Tech giants' net zero goals verging on fantasy: researchers

Jun 26 2025

The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they …

Stocks down with eyes on Mideast, dollar hit by Trump Fed comment

Jun 26 2025

Most stocks fell Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar …

Judge orders Trump admin to release billions in EV charging funds

Jun 26 2025

A federal judge has ordered the Trump administration to release billions of dollars allocated for the construction of …

EU probes Mars takeover of Pringles maker Kellanova

Jun 26 2025

The European Union said Wednesday that it had opened an antitrust investigation into Mars's multibillion-dollar …

US Fed proposes easing key banking rule

Jun 25 2025

The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help …

Nvidia hits fresh record while global stocks are mixed

Jun 25 2025

Global stocks were mixed Wednesday as markets weighed lingering worries about the Iran-Israel conflict while Nvidia …

Court rejects EDF complaint over Czech nuclear tender

Jun 25 2025

A Czech court on Wednesday rejected a complaint filed by French energy group EDF over the bidding process that saw it …

Mexico president threatens to sue over SpaceX rocket debris

Jun 25 2025

Mexican President Claudia Sheinbaum on Wednesday threatened legal action over falling debris and contamination from …

Trump says 'three or four' candidates in mind for Fed chief

Jun 25 2025

US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve …

Oil rebounds as markets track Iran-Israel ceasefire

Jun 25 2025

Oil prices recovered as stock markets diverged Wednesday while traders assessed whether the Israel-Iran ceasefire would …

Cable theft in north France disrupts Eurostar traffic

Jun 25 2025

The theft of cables along train tracks in northern France on Wednesday disrupted Eurostar trips between London and Paris …

Cambodians at quiet Thai border plead for peace

Jun 25 2025

At the usually bustling border crossing of Poipet between Thailand and Cambodia, tuk-tuk driver San Noeun now has to …

Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses

Jun 25 2025

Most equities extended a global rally Wednesday after Iran and Israel agreed to a ceasefire that ended more than a week …

Tesla sales skid in Europe in May despite EV rebound

Jun 25 2025

Tesla sales sank again in Europe last month as rising competition and Elon Musk's ties to US President Donald Trump cut …

UK carbon emissions cut by half since 1990: experts

Jun 25 2025

The UK has cut its carbon emissions by 50.4 percent since 1990 levels, a group of experts tasked with advising the …

UK to reintroduce nuclear weapon-capable aircraft under NATO

Jun 25 2025

Britain will reintroduce fighter jets capable of carrying atomic weapons to support NATO's nuclear mission, Prime …

China's premier warns global trade tensions 'intensifying'

Jun 25 2025

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening …

US judge backs using copyrighted books to train AI

Jun 24 2025

A US federal judge has sided with Anthropic regarding training its artificial intelligence models on copyrighted books …

Oil slides, stocks rise as Iran-Israel ceasefire holds

Jun 24 2025

Oil prices sank for a second straight day and stock markets mostly rose Tuesday as a ceasefire between Iran and Israel …

US judge allows using pirated books to train AI

Jun 24 2025

A federal judge has sided with the AI company Anthropic in its practice of training a chatbot on copyrighted books …

US Fed chair signals no rush for rate cuts despite Trump pressure

Jun 24 2025

US Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the central bank can afford to wait for the impact of …

Spain moves to strengthen power grid after huge April blackout

Jun 24 2025

The Spanish government on Tuesday announced a package of measures to strengthen its power grid and support renewable …

Oil slides, stocks rise as Trump says Iran-Israel ceasefire holds

Jun 24 2025

Oil prices sank and stock markets rose Tuesday as US President Donald Trump said a ceasefire between Iran and Israel was …

US Fed chair to signal no rush for rate cuts despite Trump pressure

Jun 24 2025

US Federal Reserve Chair Jerome Powell will tell Congress Tuesday that the central bank can afford to wait for the …

EU lawmakers vote to bar carry-on luggage fees on planes

Jun 24 2025

European lawmakers pushed on Tuesday to ban airlines from charging passengers for small carry-on luggage in a move …

Oil slides, stocks jump amid Iran-Israel ceasefire uncertainty

Jun 24 2025

Oil prices sank and stock markets jumped Tuesday, even as uncertainty reined over a Israel-Iran ceasefire.

German budget plans outline vast spending - and record debt

Jun 24 2025

Germany's government pledged Tuesday to make massive new investments by taking on record debt as it presented its budget …

France orders Tesla to end 'deceptive commercial practices'

Jun 24 2025

French anti-fraud authorities said on Tuesday they have ordered US electric car giant Tesla's local subsidiary to stop …

Oil prices drop as Israel agrees to ceasefire proposal

Jun 24 2025

Oil prices sank 3.5 percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a …