Business and Economy

Britain's energy grid bets on flywheels to keep the lights on
AFP - 6h ago
Britain's energy operator is betting on an age-old technology to future-proof its grid, as the power plants that …
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Indonesian islanders taking Swiss concrete giant to court over climate
AFP - 6h ago
Residents of the tiny Indonesian island of Pari, threatened with disappearance by rising sea levels driven by climate …
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New wave: Sea power turned into energy at Los Angeles port
AFP - 9h ago
Floating blue paddles dance on the waves that lap a dock in the Port of Los Angeles, silently converting the power of …
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US appeals court finds Trump's global tariffs illegal
Aug 29 2025
A US appeals court on Friday ruled that many of President Donald Trump's tariffs, which have upended global trade, were …
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US Spirit Airlines files for bankruptcy again
Aug 29 2025
Budget US carrier Spirit Airlines said Friday that it will file for bankruptcy for the second time in a year, but will …
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Stocks slide as US inflation clouds rates outlook
Aug 29 2025
Stock markets fell Friday, with Wall Street indexes retreating from record highs as a key US inflation reading …
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In whirlwind tour, Qatari royal commits $70bn to southern Africa
Aug 29 2025
Qatari investment firm Al Mansour Holding has pledged $70 billion in investments across four southern Africa countries …
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Hearing ends without ruling on Trump attempt to oust Fed Governor Cook
Aug 29 2025
A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to …
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Court battle underway as Fed Governor Cook contests firing by Trump
Aug 29 2025
A US court on Friday began hearing Federal Reserve Governor Lisa Cook's challenge of President Donald Trump's attempt to …
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Japan pledges $68 billion investment in India
Aug 29 2025
Japan pledged Friday to invest $68 billion in India during a visit by Prime Minister Narendra Modi to Tokyo, as the two …
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US banana giant Chiquita returns to Panama
Aug 29 2025
US banana giant Chiquita Brands will resume operations in Panama and rehire thousands of workers fired after a crippling …
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Austria orders YouTube to give users access to their data
Aug 29 2025
Austria's data protection authority said Friday that it has ordered YouTube to comply with EU regulations and respond to …
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Stock markets retreat as US inflation clouds rates outlook
Aug 29 2025
Stock markets fell on Friday, with US indexes retreating from record highs as a key US inflation reading accelerated, …
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European stocks retreat before US inflation data
Aug 29 2025
European stock markets fell Friday as investors digested mixed economic data, while shares in UK banks and the pound …
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Swiss economic outlook 'dampened' by US tariffs: key barometer
Aug 29 2025
Switzerland's key economic barometer fell in August after US President Donald Trump imposed whopping tariffs on the …
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Trump son hypes bitcoin on Hong Kong leg of Asia trip
Aug 29 2025
Eric Trump, son of the US president, urged a crowd in Hong Kong on Friday to buy bitcoin during a trip to Asia where his …
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German unemployment tops 3 million, highest for a decade
Aug 29 2025
German unemployment topped three million in August for the first time in over a decade, official data showed Friday, in …
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Lay off our eggs market, French producers tell Ukraine
Aug 29 2025
The leading French eggs association has sounded alarm over the import of hundreds of thousands of eggs from Ukraine, …
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Modi says India, Japan to 'shape the Asian century'
Aug 29 2025
India and Japan will "shape the Asian Century", Prime Minister Narendra Modi said Friday, on a visit expected to secure …
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Asia stocks mixed after Wall St hits new highs
Aug 29 2025
Markets in Asia were mixed on Friday following recent strong gains and after the Dow and the S&P 500 hit new records, …
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Vandalism hobbles Nigeria's mobile telephone services
Aug 29 2025
When cell phone and internet networks went down across nine states in Nigeria earlier this summer, leaving millions …
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Japan seeks record defence budget, to triple drone spending
Aug 29 2025
Japan's defence ministry is aiming for a major boost to its drone arsenal as part of another record spending request …
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US ends tariff exemption for small packages shipped globally
Aug 29 2025
The United States on Friday ended tariff exemptions on small packages entering the country from abroad, in a move that …
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Cash-strapped Taliban look to airspace for windfall
Aug 29 2025
Far above Kabul, the cash-strapped Taliban government has located a potentially lucrative revenue stream: Afghanistan's …
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Trump thumbs nose at decades of India courtship
Aug 29 2025
India once united US policymakers like few issues. For nearly three decades, US presidents of both parties courted New …
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Trump moves to end US tariff exemption for small packages
Aug 28 2025
An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's …
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US stocks reach new peaks as investors digest US GDP
Aug 28 2025
Two of Wall Street's major indexes closed at record highs Thursday, lifted by an upward revision to second-quarter US …
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Brazil police target network that siphoned billions from fuel sector
Aug 28 2025
Brazilian police cracked down Thursday on a sprawling criminal network that defrauded motorists at petrol pumps and …
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US Fed Governor Lisa Cook sues Trump over move to fire her
Aug 28 2025
US Federal Reserve Governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump's move to fire her -- as the …
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Small parcels in limbo as Trump moves to end US tariff exemption
Aug 28 2025
An approaching US deadline to end tariff exemptions on small parcels has tripped up global deliveries to the world's …
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Luxury carmaker Lotus to slash UK jobs amid US tariffs
Aug 28 2025
Chinese-owned luxury carmaker Lotus said Thursday that it planned to cut up to 550 UK jobs, in part over uncertainty …
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Stocks mixed as investors digest US GDP, Nvidia earnings
Aug 28 2025
Stock markets fluctuated Thursday as investors digested stronger-than-estimated US economic growth and record earnings …
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Stocks mixed after Nvidia record earnings
Aug 28 2025
Major stock markets traded mixed Thursday after Nvidia's quarterly earnings beat expectations, but shares in the AI …
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Swiss economy set to slow due to US tariffs
Aug 28 2025
The Swiss economy will likely grow more slowly than previously expected next year due to the massive import tariffs …
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Asian markets mixed after Nvidia earnings
Aug 28 2025
Asian markets were mixed Thursday after AI powerhouse Nvidia's quarterly earnings beat expectations, but its shares …
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Norway, environmentalists back in court over oil field permits
Aug 28 2025
The Norwegian state and environmental groups face off in court again Thursday over three oil fields ruled illegal last …
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Nigerian designer pushes 'Afro-lux' onto the global fashion scene
Aug 28 2025
Its modern architecture complemented by latticework inspired by local Yoruba textiles, Alara, west Africa's first …
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Qantas says profits up, strong travel demand ahead
Aug 28 2025
Qantas Airways said Thursday it lifted annual net profit and saw a bright outlook for travel demand, days after it was …
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'Perfect storm': UK fishermen reel from octopus invasion
Aug 28 2025
When veteran fisherman Brian Tapper checked his 1,200 crab pots in waters off southwest England during this year's …
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AI giant Nvidia beats earnings expectations but shares fall
Aug 27 2025
AI powerhouse Nvidia reported quarterly earnings Wednesday that beat expectations, but shares slipped amid concerns …
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AI giant Nvidia shares slip despite record sales
Aug 27 2025
AI powerhouse Nvidia on Wednesday reported quarterly earnings that beat market expectations, but shares slipped amid …
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Stock markets waver before Nvidia reports profits climb
Aug 27 2025
Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …
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Ex-Fed chief says Trump bid to oust US governor Cook 'dangerous'
Aug 27 2025
US President Donald Trump's move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicize the …
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Defence giant Rheinmetall opens mega-plant as Europe rearms
Aug 27 2025
German weapons-maker Rheinmetall opened Europe's largest munitions plant on Wednesday, a move hailed as boosting Western …
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Stock markets waver ahead of Nvidia earnings
Aug 27 2025
Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …
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'Resident Evil' makers marvel at 'miracle' longevity
Aug 27 2025
When zombie-blasting survival game "Resident Evil" launched on the very first PlayStation console in 1996, Japanese …
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Stock markets mixed ahead of Nvidia earnings
Aug 27 2025
Stock markets fluctuated on Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust …
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German factory outfitters warn of 'crisis' from US tariffs
Aug 27 2025
Germany's factory and equipment makers' federation warned Wednesday the sector is facing an "existential crisis" after …
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US tariffs on Indian goods double to 50% over Russian oil purchases
Aug 27 2025
US tariffs of 50 percent took effect Wednesday on many Indian products, doubling an existing duty as President Donald …
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Lego posts record sales, sees market share growing further: CEO
Aug 27 2025
Danish toymaker Lego, the world's biggest, posted record sales for the first half of the year and continues to gain …
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Stock markets diverge awaiting Nvidia earnings
Aug 27 2025
Stock markets diverged Wednesday following broad losses in the previous session, as attention turned to a key earnings …
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Asian markets diverge with eyes on Nvidia earnings
Aug 27 2025
Asian markets diverged Wednesday following broad losses the previous day, as attention turns from political pressure on …
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SpaceX answers critics with successful Starship test flight
Aug 27 2025
SpaceX's Starship megarocket roared into the skies Tuesday on its tenth test flight, turning in a strong performance …
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SpaceX's Starship megarocket launches on latest test flight
Aug 27 2025
SpaceX's Starship megarocket roared into the skies Tuesday on its 10th test flight, following a string of explosive …
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US restaurant chain Cracker Barrel cracks, revives old logo
Aug 26 2025
US restaurant chain Cracker Barrel announced Tuesday it was reverting to its old logo after its rebrand sparked a …
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French political turmoil sends European stocks down, Wall Street edges up
Aug 26 2025
European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in …
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Trump moves to fire Fed governor, escalating effort to control central bank
Aug 26 2025
Donald Trump's move to fire Federal Reserve Governor Lisa Cook has marked a dramatic escalation in his effort to control …
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SpaceX set once more for Starship test flight
Aug 26 2025
SpaceX on Tuesday was once again gearing up for the latest launch of its Starship megarocket after two successive …
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Who is Lisa Cook, the Fed governor Trump seeks to fire?
Aug 26 2025
Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President …
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French political turmoil sends European stocks sliding
Aug 26 2025
European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in …
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Trump joins backlash against US restaurant Cracker Barrel
Aug 26 2025
US President Donald Trump on Tuesday urged restaurant chain Cracker Barrel to go back to its old logo, after its rebrand …
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Fed Governor Cook says Trump has no authority to fire her
Aug 26 2025
Federal Reserve Governor Lisa Cook rejected US President Donald Trump's unprecedented bid to oust her on Tuesday, saying …
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EU claims 'sovereign right' to regulate tech after Trump threat
Aug 26 2025
The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc …
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Stocks drop on France turmoil, Trump's Fed firing
Aug 26 2025
Stock markets fell Tuesday as political turmoil in France hit investors' risk appetite, as did US President Donald …
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The European laws curbing big tech... and irking Trump
Aug 26 2025
Fresh off a trade truce with Donald Trump, the EU is back in the US leader's crosshairs after he vowed to punish …
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Germany, Canada to cooperate on key raw materials
Aug 26 2025
Germany and Canada will sign an agreement Tuesday on boosting cooperation in the field of critical raw materials, …
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Global markets down after Trump Fed firing, tariff threats
Aug 26 2025
Global stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, …
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Asian stocks down after Trump Fed firing, tariff threats
Aug 26 2025
Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including …
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Trump moves to fire a Fed governor over mortgage fraud claims
Aug 26 2025
US President Donald Trump expanded pressure on the Federal Reserve on Monday by moving to fire Governor Lisa Cook …
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Indian readies for punishing US tariffs
Aug 26 2025
Indian exports to the United States will face some of the highest tariffs in the world this week, barring a last-minute …
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Australia joins countries suspending post to US
Aug 26 2025
Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a …
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Norway wealth fund divests from Caterpillar over Gaza 'rights violations'
Aug 26 2025
Norway's sovereign wealth fund said Monday that it had divested from US construction equipment firm Caterpillar over …
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Women's NBA could face lockout as union deal deadline looms
Aug 26 2025
Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to …
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Trump advisor says US may take stakes in other firms after Intel
Aug 26 2025
The US government could take stakes in other companies after doing so with chipmaker Intel, Donald Trump's top economic …
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Bolivia candidate vows to scrap China, Russia lithium deals
Aug 25 2025
Bolivian right-wing presidential hopeful Jorge Quiroga on Monday vowed to scrap billion-dollar lithium extraction deals …
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Diamond czar Maurice Tempelsman, Jackie O companion, dead at 95
Aug 25 2025
Maurice Tempelsman, a renowned diamond merchant and long-time companion of former US first lady Jacqueline Kennedy …
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Stocks edge downwards after rallying on US rate hopes
Aug 25 2025
Stocks mostly edged downwards on Monday, after rallies in Europe and the United States fueled by comments from the US …
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Musk's xAI sues Apple, OpenAI alleging antitrust violations
Aug 25 2025
Elon Musk's companies xAI and X filed a sweeping US antitrust lawsuit Monday against Apple and OpenAI, alleging the tech …
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European stocks fall back after rallying on US rate hopes
Aug 25 2025
Stocks slipped in European trading Monday as investors locked in gains fuelled by the clear shift toward lower rates by …
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Asian markets rally on US rate cut hopes
Aug 25 2025
Asian markets kicked off the week with a rally on Monday, tracking gains made by Wall Street on Friday after the US …
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China Evergrande Group delisted from Hong Kong stock exchange
Aug 25 2025
Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim …
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Asian markets rise on US rate cut hopes
Aug 25 2025
Asian markets kicked off the week with a rally Monday morning, tracking gains made by Wall Street on Friday after the US …
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India's Modi dangles tax cuts as US tariffs loom
Aug 24 2025
Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of …
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Rebrand of US culture 'fixture' Cracker Barrel sparks backlash
Aug 23 2025
Cracker Barrel has a special place in the hearts of many Americans, offering homestyle American cuisine in a folksy "Old …
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Wall Street rallies, dollar drops as Fed chief fuels rate cut hopes
Aug 23 2025
Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest …
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Trump, Intel announce deal giving US a 10% stake in chipmaker
Aug 22 2025
Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President …
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US Fed chair opens door to rate cut as Trump steps up pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, …
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Canada removing tariffs on US goods compliant with free trade deal
Aug 22 2025
Canada will remove all tariffs on US goods that are compliant with the existing North American free trade agreement, …
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German, French post offices restrict packages to US over tariffs
Aug 22 2025
The postal services of Germany and France on Friday announced a raft of restrictions on package deliveries to the United …
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Embattled Bordeaux winemakers see Trump's tariffs as latest blow
Aug 22 2025
The sun is shining, the grapes are ripe and a good harvest is expected but a heavy cloud is looming over Laurent …
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US Fed chair leaves door open to rate cut as Trump steps up pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, …
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Wall Street rallies as Fed chief fuels rate cut hopes
Aug 22 2025
Wall Street shares rallied Friday as US Federal Reserve chief Jerome Powell left the door open to cutting interest …
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US Fed chair leaves door open to rate cut, facing down Trump pressure
Aug 22 2025
US Federal Reserve Chair Jerome Powell left the door open to cutting interest rates in a keenly watched speech Friday, …
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TikTok's UK content moderation jobs at risk in AI shift
Aug 22 2025
Social media platform TikTok announced on Friday it will restructure its UK trust and safety operations, putting several …
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US wine sellers left in limbo despite EU tariff deal
Aug 22 2025
At a wine shop in Washington's Capitol Hill neighborhood, bottles sourced from Europe are becoming costlier to import -- …
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Pressure on Merz as Trump tariffs hit German economy
Aug 22 2025
Germany's economy shrank more than expected in the second quarter as US tariffs battered exports, official data showed …
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Australia orders audit of crypto trading giant Binance
Aug 22 2025
Australia has ordered the local arm of the world's largest cryptocurrency exchange, Binance, to appoint an external …
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Under Trump pressure, US Fed chief to walk tightrope in speech
Aug 22 2025
US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a …
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Nvidia chief says H20 chip shipments to China not a security concern
Aug 22 2025
Shipping Nvidia's H20 chips to China was "great" for Beijing and Washington and not a security threat, the tech giant's …
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Rice prices up 91 pct year-on-year in Japan
Aug 22 2025
Rice prices in Japan soared 90.7 percent in July year-on-year, official data showed Friday, but the rate of increase …
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Asian markets tick up as investors eye Jackson Hole meeting
Aug 22 2025
Asian markets were mostly up Friday morning ahead of a pivotal speech by the US central bank chief, expected to shed …
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Meta makes huge cloud computing deal with Google: source
Aug 22 2025
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source …
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