Business and Tech

Asian markets fall after overnight Wall Street retreat

AFP - 6m ago

Tokyo led a sell-off in Asian markets on Tuesday after Wall Street pulled back from record levels in overnight trade and …

J&J and other drugmakers go on trial over US opioid crisis

AFP - 29m ago

Four drugmakers, including Johnson & Johnson, went on trial Monday over claims they helped fuel the deadly opioid …

China tech stampede into electric cars sparks auto sector buzz

AFP - 58m ago

Thought Big Tech was taking over your life through smartphones? It may be coming for your car next as Chinese firms lead …

SpaceX set to take four astronauts to ISS Thursday

AFP - 1h ago

SpaceX is preparing to carry four astronauts to a crowded International Space Station on Thursday, in the second routine …

J&J Covid vaccine manufacturing halted at plant that ruined doses

AFP - 3h ago

The US Food and Drug Administration requested that production of the Johnson & Johnson coronavirus vaccine be halted at …

No saving the planet without booming India

AFP - 3h ago

Global efforts to arrest climate change and keep Earth liveable will fail without a jumbo-sized effort from India to …

The climate pledges of the world's top emitters

AFP - 3h ago

Under the Paris Agreement on climate, nearly every country will have to drastically reduce their carbon emissions, and …

In Texas, a rancher swaps his oil pumps for wind turbines

AFP - 4h ago

Cattle rancher Bobby Helmers cranes to listen as the blades of his six giant wind turbines slice through the air in the …

IBM turnover picks up thanks to cloud silver lining

AFP - 2h ago

US computer giant IBM soothed market jitters Monday with better-than-expected results and a slight uptick in turnover …

Xbox cloud game world extends to Apple gadgets

AFP - 5h ago

Microsoft on Monday began a trial run of letting people play Xbox cloud games using Apple mobile devices as well as …

Huawei exec seeks months-long delay in US case

AFP - 6h ago

Huawei executive Meng Wanzhou on Monday requested a four-month delay in her extradition case in Canada, citing newly …

US regulators probe potentially driverless Tesla crash

AFP - 7h ago

Two US transportation regulators said Monday they will investigate a fatal car crash involving a Tesla that apparently …

Czechs ban Rosatom from nuclear tender, rule out Sputnik vaccine

Apr 19 2021

The Czech government said Monday it would eliminate Russia's Rosatom from a multi-billion-euro tender to build a new …

Canada to spend big to 'punch way out of Covid recession'

Apr 19 2021

Canada's finance minister announced Can$101.4 billion (US$80.9 billion) in spending Monday to help its battered economy …

United Airlines reports another loss, bullish on recovery

Apr 19 2021

United Airlines reported another quarterly loss Monday, but said it sees a "clear path to profitability" now that …

Global stocks retreat from record levels

Apr 19 2021

Major stock markets pulled back from record levels on Monday while focus was firmly on the game of football as Europe's …

Facebook unveils big audio push, adds podcasts

Apr 19 2021

Facebook on Monday said it is adding podcasts and "live audio rooms" in a push to get people talking and take on the …

Facebook unveils big audio push, adding podcasts

Apr 19 2021

Facebook on Monday said it is adding podcasts and "live audio rooms" in a push to get people talking and take on the …

Russia probes YouTube for 'abusing' dominant position

Apr 19 2021

Russia has launched a probe against YouTube for "abusing" its dominant position in the market by making "biased" …

Hybrid leader Toyota turns on electrics

Apr 19 2021

Toyota, which pioneered hybrid cars, unveiled Monday plans for its first global line-up of battery electric vehicles as …

Czechs rule Rosatom out of nuclear tender over spat with Moscow

Apr 19 2021

The Czech government said Monday it would eliminate Russia's Rosatom from a multi-billion-euro tender to build a new …

Apple to let tweaked Parler back in App Store

Apr 19 2021

A version of social network Parler updated to curb incitements to violence has been cleared to return to Apple's App …

Super League football shows shift to 'closed shop'

Apr 19 2021

The shock formation of football's European Super League highlights a shift by the world's richest clubs away from …

Stocks retreat from record levels

Apr 19 2021

Stock markets pulled back from record levels on Monday while focus was firmly on the game of football as Europe's …

US reimposes sanctions on Belarus firms after protest clampdown

Apr 19 2021

The United States said Monday it was reimposing sanctions on nine state-owned companies in Belarus after strongman …

United Airlines adds US flights to three European cities

Apr 19 2021

United Airlines is adding three new flights from the United States to European markets that are beginning to reopen to …

Union petitions for new vote at Amazon Alabama warehouse

Apr 19 2021

The organizers of a failed unionization drive at an Amazon warehouse in Alabama said Monday it petitioned for a new …

Coca-Cola hopeful Covid-19 vaccines will reverse profit slide

Apr 19 2021

Coca-Cola reported Monday a decline in first-quarter earnings amid continued weakness in away-from-home sales, but said …

Stocks mostly higher on economic recovery hopes

Apr 19 2021

Record-breaking stock markets mostly rose further Monday, supported by economic recovery hopes, while focus was firmly …

Fire-hit chipmaker Renesas plans full capacity by May

Apr 19 2021

Japanese chipmaker Renesas Electronics said Monday it was on track to restore full capacity by May after a plant fire, …

Asian equities higher on US recovery hopes

Apr 19 2021

Asian markets rose on Monday after recovery hopes for the coronavirus-battered US economy fuelling another round of …

US regulator warns against Peloton treadmill after child dies

Apr 18 2021

A US federal agency has urged people with children and pets at home to stop using a treadmill made by Peloton, citing …

Paradise found: 'Hades' maker takes on gaming goliaths

Apr 18 2021

No work email after 5:00 pm on Fridays, mandatory vacations: the outfit behind role-playing video game sensation "Hades" …

From lizards to water, eco-bumps snag Tesla Berlin plant

Apr 18 2021

In the green forest outside Berlin, a David and Goliath-style battle is playing out between electric carmaker Tesla and …

From Moscow to New York, fast delivery takes off amid pandemic

Apr 18 2021

Like millions of people around the world, Yuri Nekrasov stopped going to the grocery store every day last year when …

France to give one bn euros aid to farmers hit by frost

Apr 17 2021

French Prime Minister Jean Castex on Saturday pledged more than one billion euros in aid for farmers and winemakers …

Swiss village Champagne loses another fight to get name on wine

Apr 17 2021

The tiny Swiss village of Champagne has lost another fight to get its name on the wine it produces, according to a …

EU poised to unveil green-friendly investment list

Apr 17 2021

The European Commission will next week present the first part of a "green taxonomy" list of energy sources and …

Renesas resumes production at fire-hit chip plant: reports

Apr 17 2021

Japanese chip manufacturer Renesas on Saturday restarted production about a month after a factory fire that threatens to …

Two Russian cosmonauts, NASA astronaut return from ISS

Apr 17 2021

Two Russian cosmonauts and a NASA astronaut touched down Saturday on the steppe of Kazakhstan following a half-year …

US, Japan show united front on China in Biden's first summit

Apr 17 2021

The United States and Japan vowed Friday to stand firm together against an assertive China and to step up cooperation on …

ABBA's Bjorn Ulvaeus urges reforms to pay songwriters their due

Apr 17 2021

The Covid-19 pandemic's rampage through the music world has laid bare the industry's flaws, shining a bright light on …

Potential Boeing 737 MAX issue affects more of plane: report

Apr 17 2021

The potential electrical problem that prompted airlines to remove some 737 MAX planes from service has been found in …

Stocks climb to fresh records as China posts blowout Q1 growth

Apr 16 2021

Global stocks rallied Friday, with major indices hitting new all-time highs, following data showing record economic …

Dow, S&P 500 again end at records as Wall Street rally continues

Apr 16 2021

Wall Street saw no reason to stop rallying as the US economy pulls out of its downturn, lifting the Dow and S&P 500 to …

Biden welcomes Japan PM as first guest with push on 5G, climate, China

Apr 16 2021

Joe Biden on Friday welcomed Japan's prime minister for the first summit of his presidency, with the allies expected to …

Japan PM is Biden's first guest with push on 5G, climate, China

Apr 16 2021

Japan's prime minister began the first summit of Joe Biden's presidency Friday with the allies expected to signal …

Stocks climb after record China growth

Apr 16 2021

Stock markets rose around the world on Friday as strong economic data out of China fuelled optimism over the global …

US pulls back on charge Switzerland, Vietnam manipulate currency

Apr 16 2021

The US Treasury rolled back a Trump-era accusation that Switzerland and Vietnam were manipulating their exchange rates …

Montenegro tries to cool EU row over $1 billion China road

Apr 16 2021

Montenegro's finance minister on Friday tried to ease concern over a near $1 billion Chinese-backed road project, …

US homebuilding rebounds sharply in March from storm-caused plunge

Apr 16 2021

American homebuilders got back to work in earnest last month after bad weather slowed construction in February, as new …

Brexit sparks £1 trillion UK assets switch to EU: study

Apr 16 2021

UK banks and insurers have shifted more than £1.0 trillion to the European Union in response to Brexit, a study …

Keen cyclist to steer L'Oreal through 2020s transition

Apr 16 2021

The world's top cosmetics group L'Oreal has picked a homegrown amateur cyclist and rock and techno fan as its new chief …

Greensill: what's what in scandal rocking UK politics

Apr 16 2021

The collapse in March of specialist finance company Greensill Capital has morphed into a broadening scandal that is …

France says 'highly probable' EU won't renew AZ orders

Apr 16 2021

The European Union is very unlikely to renew its Covid-19 vaccine contracts with pharmaceutical company AstraZeneca, a …

China GDP grows record 18.3% in first quarter in virus rebound

Apr 16 2021

China's economy expanded at a record pace in the first quarter as the country continued its rapid recovery from last …

Apple announces $200 mn forestry fund to reduce carbon

Apr 16 2021

Apple on Thursday announced a $200 million fund to invest in timber-producing commercial forestry projects, with the …

Asian markets rise after record China growth, Wall St surge

Apr 16 2021

Asian markets rose Friday as record Chinese economic growth reaffirmed the country's strong recovery, while traders …

Google broke Australian law over location data collection: court

Apr 16 2021

Google violated Australian law by misleading users of Android mobile devices about the use of their location data, a …

Australian court hits Google over collection of user location data

Apr 16 2021

An Australian court ruled Friday that Google misled consumers about collecting location data through Android mobile …

US imposes sanctions on Moscow, expels Russian diplomats

Apr 16 2021

The United States announced sanctions and the expulsion of 10 Russian diplomats Thursday in retaliation for what …

Asian markets mixed as record China data fails to impress

Apr 16 2021

Asian markets fluctuated on Friday as record Chinese economic growth figures struggled to add fuel to a Wall Street …

US, Japan plan 5G push with eye on China in Biden's first summit

Apr 16 2021

President Joe Biden on Friday receives Japan's prime minister for his first in-person summit, with the leaders expected …

Zuckerberg urged to nix kids' version of Instagram

Apr 16 2021

Advocates for children from around the world urged Facebook chief Mark Zuckerberg on Thursday to ditch plans for a …

Figuring out SolarWinds hack as US sanctions Russia

Apr 15 2021

A major cyber attack last year targeting the US government and businesses was a key factor in President Joe Biden's …

US stocks charge to new records on strong bank profits, retail sales

Apr 15 2021

US stocks hit fresh records on Thursday, supported by buoyant economic data and a strong start to the earnings season, …

Bezos says Amazon needs better 'vision' for workers

Apr 15 2021

Amazon founder Jeff Bezos on Thursday told investors the e-commerce giant needs a better "vision" for its workers, just …

Citigroup trims global consumer banking profile as earnings jump

Apr 15 2021

Citigroup announced on Thursday it will exit 13 international consumer banking markets as it joined other large banks in …

Delta reports another loss but sees jump in leisure travel

Apr 15 2021

Delta Air Lines reported another quarterly loss Thursday, but pointed to an expected return to profitability later in …

Stellantis electric cars will have up to 800 km range

Apr 15 2021

Automaker Stellantis said Thursday it plans to develop four electric vehicle platforms that will offer up to 800 …

Latin American pandemic recovery lagging: IMF

Apr 15 2021

Latin America's recovery from the pandemic crisis is lagging the rest of the world and the economy will not return to …

The main US sanctions against Russia

Apr 15 2021

The United States announced a salvo of sanctions Thursday against Russia in retaliation for what Washington says are …

Global trade rules can help fight climate change: US trade chief

Apr 15 2021

International commerce incentivizes countries to erode environmental protections to attract investment, and global trade …

Stellantis electric cars will have up to 800 km range jusqu'à 800 km d'autonomie pour ses prochains véhicules électriques

Apr 15 2021

Automaker Stellantis said Thursday it plans to develop four electric vehicle platforms that will offer up to 800 …

Reuters website to go behind paywall

Apr 15 2021

Reuters News announced Thursday that it is to start charging for access to its website as part of a new digital …

US stocks charge higher and European equities follow

Apr 15 2021

US stocks hit fresh records on Thursday, supported by buoyant economic data and a strong start to the earnings season, …

Early signs of US rebound arrive as sales soar, aid claims drop

Apr 15 2021

The rebound may finally be here: new US government data shows fewer people applying for jobless aid and more spending …

World seeking shot in the arm for vaccine production

Apr 15 2021

The gap between rich and poor countries' access to Covid-19 vaccines grows ever-more glaring by the day -- but nobody …

European and US stocks charge higher

Apr 15 2021

European and US stock markets rose on Thursday, supported by buoyant economic data and a strong start to the US earnings …

High seas the new front in Iran-Israel shadow war

Apr 15 2021

Arch-foes Israel and Iran have long fought an undeclared shadow war across the Middle East, landing blows in Lebanon, …

US imposes sanctions on Moscow, expels 10 Russian diplomats

Apr 15 2021

The United States announced sanctions against Russia on Thursday and the expulsion of 10 diplomats in retaliation for …

Citigroup exits 13 global consumer banking markets, including China

Apr 15 2021

Citigroup announced Thursday it will exit 13 international consumer banking markets, shifting its focus to wealth …

Philippines' Duterte lifts ban on new mining deals

Apr 15 2021

Philippine President Rodrigo Duterte officially lifted a nine-year ban on new mining projects Thursday, in a …

Stock markets mostly higher, oil drops

Apr 15 2021

Stock markets mostly rose Thursday, supported by a strong start to the US earnings season, as traders shrugged off news …

German top court throws out Berlin's disputed rent cap

Apr 15 2021

Germany's highest court said Thursday that a policy to freeze rents in Berlin for five years to combat soaring housing …

Asian markets mixed as traders stuggle to build on rally

Apr 15 2021

Markets were mixed in Asia on Thursday as investors put the brakes on a recent rally that has some worried valuations …

New Zealand trials 'early warning' virus app at border

Apr 15 2021

New Zealand border workers on Thursday began trialling a monitoring app designed to detect coronavirus before the user …

Coinbase wows in Nasdaq debut amid cryptocurrency frenzy

Apr 15 2021

Cryptocurrency exchange Coinbase made a dramatic stock market debut Wednesday amid frenzied interest in bitcoin and …

Oil surges as US stocks waffle on valuation fears

Apr 14 2021

Oil prices surged Wednesday and most European markets closed higher on increased optimism for a post-pandemic economic …

US banks ride a strengthening economy to blowout Q1 profits

Apr 14 2021

Profits soared in the first quarter at three US banking giants thanks to an improving macroeconomic backdrop that has …

Twitch star hits a high with month-long live stream

Apr 14 2021

A Twitch star held a new record for subscribers on Wednesday after winning fans with a monthlong live stream at the …

US CEOs sign statement against 'discriminatory' voting laws

Apr 14 2021

Hundreds of American chief executives, companies, non-profits and billionaires on Wednesday signed a public declaration …

Europe needs more short-term aid to counter continued Covid risks: IMF

Apr 14 2021

European economies need "an extra push" of financial support this year and next to overcome the long-term impacts of the …

Twitter unveils algorithmic fairness initiative

Apr 14 2021

Twitter said Wednesday it was launching an initiative on "responsible machine learning" that will include reviews of …

Ponzi schemer Bernie Madoff dead in US prison

Apr 14 2021

Bernie Madoff, mastermind of the largest financial scam in history that unraveled during the 2008 economic crisis, died …

Spanish-language TV giants team up to take on Netflix

Apr 14 2021

Spanish-language television giants Televisa of Mexico and Univision of the United States are joining forces to compete …

Fed sees more optimism among US business, activity accelerating

Apr 14 2021

American businesses are feeling more optimistic as vaccinations against Covid-19 become common, and economic activity …

Coinbase sizzles in market debut amid cryptocurrency frenzy

Apr 14 2021

Cryptocurrency exchange Coinbase made a scorching stock market debut Wednesday amid frenzied interest in bitcoin and …

Instagram dabbles with letting people hide 'likes'

Apr 14 2021

Instagram on Wednesday said it is dabbling with letting users hide "like" counts in an effort to ease the pressure of …

Irish watchdog launches inquiry into Facebook data leak

Apr 14 2021

Ireland's data regulator has launched an official inquiry into Facebook after details on 533 million users were leaked …

Current US debt level 'very sustainable': Fed's Powell

Apr 14 2021

US government borrowing is on an "unsustainable path" but the current debt level is "very sustainable" and the …

EU to unveil AI rules to fight Big Brother fears

Apr 14 2021

The EU is set to unveil a proposal to regulate the sprawling field of artificial intelligence next week, with the aim of …