Business and Tech

Asian markets mixed after US avoids government shutdown
AFP - 45m ago
Asian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly …
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AI Vincent Van Gogh says you're wrong about his ear
AFP - 3h ago
AI Vincent Van Gogh is patient but unimpressed by yet another question about his chopped-off ear.
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Nigeria offers measures to offset rising costs as unions mull strike
Oct 01 2023
Nigerian President Bola Ahmed Tinubu's government on Sunday proposed a temporary wage hike for federal workers and more …
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Netherlands halts extraction from Europe's biggest gas field
Oct 01 2023
The Netherlands halted extraction from Europe's biggest gas field on Sunday, which was resulting in earthquakes that …
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Crypto industry grapples with FTX fallout as trial looms
Oct 01 2023
The collapse of cryptocurrency platform FTX, whose disgraced former boss goes on trial this week, sparked shock waves …
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Nigeria announces measures to offset rising costs as strikes loom
Oct 01 2023
Nigeria's President Bola Ahmed Tinubu on Sunday proposed a temporary minimum wage hike and more cheap gas-powered public …
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Nigeria's Tinubu announces measures to offset rising costs
Oct 01 2023
Nigeria's President Bola Ahmed Tinubu on Sunday proposed a temporary minimum wage hike for lower-paid workers, cheap …
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Threats and violence as Turks feud over soaring rents
Oct 01 2023
Cengiz Orsel hung a banner above his woodcarving workshop in Ankara so that everyone would know the astronomical rent …
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Sexual wellbeing industry revels in swelling sales
Oct 01 2023
From creams and oils promising to take the user to seventh heaven to multi-sensory vibration devices and erotic …
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California's green drive leaves its oil towns behind
Oct 01 2023
Fred Holmes watches with satisfaction as pumps pull oil from deep under his California farm, tapping a supply he thinks …
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India's private space sector skyrockets
Oct 01 2023
When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year …
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Meta technology chief defends tech titan's AI strategy
Oct 01 2023
Meta's chief technology officer is quick to push back on assertions that the company has fallen behind rivals like …
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Austria rail operator OeBB unveils new night trains
Sep 30 2023
Austrian rail operator OeBB on Saturday unveiled its new generation of sleeper trains -- a response to demands from …
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Musk slams German-funded migrants rescue Med operations
Sep 30 2023
Billionaire Elon Musk on Saturday waded into German politics at a time of a heated debate on immigration across Europe, …
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Pro-vaccination ad leaves NFL's Kelce in misinformation crosshairs
Sep 30 2023
Vaccine skeptics are attacking Travis Kelce for participating in a Pfizer advertisement, recycling conspiracy theories …
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US government teeters on brink of shutdown with no deal in view
Sep 29 2023
The US government hurtled towards a shutdown Friday, with hardline Republicans creating disarray in their own party and …
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US auto strike expands with 7,000 more workers joining
Sep 29 2023
Another 7,000 members of the biggest US automobile workers' union, UAW, joined an already major strike against the top …
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Biden announces more offshore drilling, angering environmentalists
Sep 29 2023
President Joe Biden's administration on Friday announced it would auction three new oil and gas leases in the Gulf of …
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Stocks get a boost as inflation pressures ease in US, Europe
Sep 29 2023
Stocks advanced on most European and US markets Friday on signs of slowing inflation on both sides of the Atlantic, …
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US auto union chief calls on 7,000 more members to strike
Sep 29 2023
The biggest US automobile workers' union, UAW, called on 7,000 more members to join an already major strike against the …
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'Faker' in line for military exemption after Asian Games gold
Sep 29 2023
South Korean eSports star Lee "Faker" Sang-hyeok is in line for a controversial exemption from military service after …
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Stocks rally as inflation pressures ease in US, Europe
Sep 29 2023
Stock markets posted solid gains in Europe and the US on Friday on signs that inflation is slowing on both sides of the …
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Key US inflation measure ticks up in August
Sep 29 2023
The key US inflation measure used by the Federal Reserve to set interest rates ticked up again in August, fueled by …
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Eurozone inflation falls to nearly two-year low
Sep 29 2023
Eurozone inflation dropped to an almost two-year low in September, official data showed Friday, raising hopes that the …
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South Korean gamer 'Faker' gets rock-star treatment at Asian Games
Sep 29 2023
Wearing shirts adorned with his name and waving banners displaying his face, the frenzied crowd in Hangzhou was not …
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Spain court shelves probe into John McAfee prison death
Sep 29 2023
A Spanish court has closed a probe into the death of software mogul John McAfee at a prison near Barcelona in 2021, …
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European stocks rally as inflation fears ease
Sep 29 2023
European stock markets rose Friday as news of eurozone inflation easing to the lowest rate in nearly two years helped to …
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VinFast boss insists share volatility 'normal'
Sep 29 2023
The dramatic fluctuation in shares of Vietnamese electric vehicle maker VinFast is "normal", its chief executive told …
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VinFast share volatility 'normal': chief executive
Sep 29 2023
The dramatic fluctuation in shares of Vietnamese electric vehicle maker VinFast is "normal", its chief executive told …
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IEA, ECB urge Europe to move faster on energy transition
Sep 29 2023
Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power, …
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Millions travel across China as national holiday kicks off
Sep 29 2023
Chinese travellers thronged transport networks Friday as an eight-day national holiday kicked off, the first October …
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French billionaire investigated in money laundering probe
Sep 29 2023
French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money …
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Markets end tough month with gains after Wall St rally
Sep 29 2023
Most markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed …
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Markets mostly rise after Wall St gains
Sep 29 2023
Most markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed …
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Video games give sports stars second life
Sep 29 2023
The post-retirement careers of the biggest sports stars can be fascinating to watch -- Viagra ads, property ventures, …
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Asian markets mostly rise after Wall St gains
Sep 29 2023
Most Asian markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some …
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Former crypto star Sam Bankman-Fried faces US trial
Sep 29 2023
Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven …
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Sam Bankman-Fried, the fallen wunderkind of cryptocurrency
Sep 29 2023
He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector.
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'They put a price on everything': extortion hits Mexican economy
Sep 29 2023
Plots of land lie empty among lime and banana plantations in one of Mexico's most violent regions -- abandoned by their …
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US anti-discrimination agency sues Tesla over 'pervasive' racism
Sep 29 2023
A federal anti-discrimination agency filed a lawsuit Thursday accusing Elon Musk's Tesla of allowing "pervasive" racism …
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NY judge says pay raise for delivery workers can go ahead
Sep 28 2023
Three big companies in the gig economy -- Uber, Doordash and Grubhub -- lost a court battle Thursday in New York after a …
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US government readies for imminent shutdown
Sep 28 2023
The US government began Thursday to inform workers of an impending shutdown that could see millions of federal employees …
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Frenchman charged with cybercrimes pleads guilty in US court
Sep 28 2023
A 22-year-old Frenchman who was extradited to the United States from Morocco and charged with cybercrimes has pleaded …
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DR Congo's state cobalt buyer announces pilot mine projects
Sep 28 2023
DR Congo's long-inactive state cobalt buyer is set to the unveil the artisanal mines it will oversee in a bid to improve …
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Swiss indict daughter of late Uzbek leader in corruption case
Sep 28 2023
Gulnara Karimova, the daughter of Uzbekistan's former president, was on Thursday indicted in Switzerland in a vast case …
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Fortnite maker Epic Games tightens belt with layoffs
Sep 28 2023
Epic Games, maker of the highly popular Fortnite video game, said Thursday it is cutting its workforce to save money but …
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DR Congo's state cobalt buyer pursuing new mine partnerships
Sep 28 2023
DR Congo's long-inactive state cobalt buyer is set to the unveil the artisanal mines it will work with in a bid to …
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Mineral-hungry clean tech sees countries seeking to escape China's shadow
Sep 28 2023
With a clean energy transition hungry for more minerals, representatives from dozens of countries and industry met in …
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Musk guts X's election integrity teams ahead of major votes
Sep 28 2023
X-owner Elon Musk said that he had gutted the platform's team dedicated to preserving election integrity as key votes in …
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Oil rally cools but inflation worries keep stocks in check
Sep 28 2023
Oil prices flirted with one-year highs on Thursday before falling back in a bout of profit-taking, with fears of high …
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German inflation at lowest since start of Ukraine war
Sep 28 2023
German inflation slowed in September to the lowest level since the outbreak of the Ukraine war, data showed Thursday, …
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China's Evergrande says boss suspected of crimes after trading suspended
Sep 28 2023
Heavily indebted property giant China Evergrande said Thursday its boss was suspected of "illegal crimes", after trading …
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FSG sell minority stake in Liverpool to private equity fund
Sep 28 2023
Liverpool owners Fenway Sports Group said on Thursday they have sold a minority stake in the Premier League giants to US …
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Oil prices cool after hitting highest levels in almost a year
Sep 28 2023
Oil prices on Thursday reached their highest levels in nearly a year, with Brent North Sea crude advancing towards $100 …
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Oil extends rally as supply fears build, dollar holds strength
Sep 28 2023
Oil extended gains Thursday to a fresh one-year high and towards the $100-a-barrel mark on concerns about growing demand …
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Sony PlayStation CEO Ryan to retire
Sep 28 2023
Sony's gaming unit chief Jim Ryan will retire next March, the Japanese firm said Thursday, after putting the PlayStation …
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China's Evergrande Group halts trading in Hong Kong
Sep 28 2023
Beleaguered property giant China Evergrande suspended trading of its shares in Hong Kong on Thursday, according to …
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Trump, Biden fight next year's battle now in blue-collar Michigan
Sep 28 2023
In a politically crucial US state where workers make cars they can scarcely afford, Donald Trump and Joe Biden face a …
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How a 20-cent fee upended the gaming world
Sep 28 2023
Their language was salty and the message was clear: game developers believed their livelihoods were under threat and …
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Oil extends rally on supply woes as dollar holds gains on US rate talk
Sep 28 2023
Oil extended gains Thursday to a fresh one-year high and towards the $100-a-barrel mark on concerns about growing demand …
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Meta putting AI in smart glasses, assistants and more
Sep 28 2023
Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into digital assistants …
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AI chip crunch: startups vie for Nvidia's vital component
Sep 28 2023
The artificial intelligence revolution is fully underway, but soaring demand for its most crucial component has startups …
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Trump's business empire threatened by judge's ruling
Sep 28 2023
A key selling point of Donald Trump's 2016 presidential run was that he was a businessman, not a politician.
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European firms scrap toxic ships on Bangladesh beaches: HRW
Sep 28 2023
European maritime companies are ditching their old ships for scrap on Bangladeshi beaches in dangerous and polluting …
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Blue Origin to remain grounded for now following crash probe
Sep 27 2023
US aviation regulators said Wednesday that Blue Origin must complete "21 corrective actions" before it can resume …
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Talk shows coming back after Hollywood writers' strike ends
Sep 27 2023
Late-night talk shows, a mainstay of the US TV schedule, will be back on the air within a week, hosts said Wednesday, …
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What happens if US government enters a shutdown?
Sep 27 2023
The United States is heading toward a government shutdown this weekend with no foreseeable way out of a deadlock in …
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US sues eBay for selling products that harm environment
Sep 27 2023
The US Justice Department sued eBay on Wednesday for allegedly selling restricted pesticide products and devices that …
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Stocks struggle to make headway against inflation, rate fears
Sep 27 2023
European stocks closed lower Wednesday and Wall Street slipped back from early gains on expectations that inflation will …
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TotalEnergies to raise fossil fuel production
Sep 27 2023
French oil and gas major TotalEnergies said Wednesday that it would boost fossil fuel production over the next five …
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Stocks edge higher but caution abounds over US rate fears
Sep 27 2023
US and European stock markets staged small rebounds on Wednesday after heavy selling on expectations that inflation will …
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Decarbonising shipping to cost over $100 bn per year: UN
Sep 27 2023
The UN called for rapid decarbonisation of the shipping industry on Wednesday, warning that the price tag could top $100 …
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France hopes for 'ambitious' growth in budget plan
Sep 27 2023
The French government on Wednesday presented a budget plan based on a buoyant growth prediction that raised eyebrows at …
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UK approves new North Sea oil production, angering green groups
Sep 27 2023
Britain on Wednesday authorised oil and gas production in its largest undeveloped field to bolster its energy security, …
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Indonesia bans goods transactions on social media platforms
Sep 27 2023
Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said …
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Stock markets diverge as uncertain outlook buoys dollar
Sep 27 2023
World stocks markets were mixed Wednesday as the dollar hit multi-month peaks on expectations of more hikes to US …
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Poland says open to Ukraine grain proposals ahead of talks
Sep 27 2023
Poland's agriculture minister said on Wednesday that his country remained open to a Ukrainian proposal for a grain …
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Crypto firm Binance pulls out of Russia
Sep 27 2023
Cryptocurrency firm Binance said on Wednesday it was selling its Russia business, months after reports suggested US …
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UK grants controversial North Sea oil and gas output
Sep 27 2023
Britain on Wednesday authorised oil and gas production in its largest undeveloped field to boost energy security, one …
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Police hold boss of troubled developer China Evergrande: report
Sep 27 2023
The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said …
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Markets mostly up but US rate outlook feeds uncertainty
Sep 27 2023
Markets mostly rose Wednesday following hefty recent losses but traders remain consumed by worries over the economy as …
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Asian markets mixed but US rate outlook feeds uncertainty
Sep 27 2023
Markets were mixed Wednesday as the hefty selling witnessed in the first few days of the week eased but traders remain …
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'Save our village': Indonesians resist eviction for China-backed project
Sep 27 2023
Sitting on a creaky bridge linking stilt houses, Indonesian fisherman Sadam Husen fears for his people and their …
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Can a $20 billion bet wean Indonesia off coal?
Sep 27 2023
Less than a year after it was announced, a $20 billion bet to wean Indonesia off coal is mired in controversies over …
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Boss of Chinese property giant Evergrande being held by police: report
Sep 27 2023
The billionaire boss of beleaguered Chinese property developer Evergrande is being held by police, Bloomberg reported …
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France taps nuclear know-how to recycle electric car batteries
Sep 27 2023
In the cradle of France's atomic programme, researchers are using their nuclear know-how for a key project in the …
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'Fertile ground': Baghdad sees timid revival with investment drive
Sep 27 2023
On a summer evening, Iraqis smoke shisha and go bowling at a sprawling riverside complex in Baghdad, one of the many new …
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Hollywood writers' guild leaders call off monthslong strike
Sep 27 2023
The leaders of the Writers Guild of America on Tuesday called off a monthslong strike that has paralyzed Hollywood, …
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Morocco aims to become key player in green hydrogen
Sep 27 2023
Morocco has voiced ambitious plans to become North Africa's top player in the emerging "green hydrogen" sector, with …
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Asian markets swing but US rate outlook feeds uncertainty
Sep 27 2023
Markets flittered between gains and losses Wednesday as the hefty selling witnessed in the first few days of the week …
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With shutdown looming, US Senate offers short-term budget fix
Sep 27 2023
The US Senate drafted a last-ditch short-term budget proposal Tuesday as time was running out for Congress to avoid a …
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Foragers and popsicle sellers: a micro-economy among US migrants
Sep 27 2023
Marco Gonzalez used to fish the river between Mexico and Texas, but now he has a more lucrative harvest -- possessions …
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Tree-hugging AI to the rescue of Brazilian Amazon
Sep 27 2023
Small, artificially intelligent boxes tied to tree trunks in the Brazilian Amazon are the latest weapon in the arsenal …
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Hit soccer video game adds mixed-gender teams, sheds FIFA name
Sep 27 2023
The blockbuster soccer video game franchise from Electronic Arts, no longer linked to FIFA, will allow mixed-gender …
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Sacred cow: Ball makers break taboos for India's favourite sport
Sep 27 2023
Stitching together cricket balls is a wearisome task for leatherworker Bunty Sagar, whose labours are frowned upon by …
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World Bank chief vows to tackle 'dysfunctionality' at development lender
Sep 26 2023
World Bank President Ajay Banga said Tuesday that he is working to reform "dysfunctionality" in the boardroom of the …
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Trump committed fraud by inflating value of assets: judge
Sep 26 2023
Donald Trump and his sons Eric and Don Jr committed fraud by inflating the value of the real estate and financial assets …
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ChatGPT maker value rockets in funding talks: report
Sep 26 2023
The value placed on startup OpenAI has rocketed to between $80 billion and $90 billion in talks with potential …
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Stocks knocked by growing US rate worries
Sep 26 2023
Global stock markets fell Tuesday as investors fixated on the risk US interest rates will be kept elevated for a …
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World Bank chief pledges to reform 'dysfunctional' development lender
Sep 26 2023
World Bank President Ajay Banga said Tuesday that he is working to reform the "dysfunctional" development lender, and …
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Writers' guild leaders to meet on Hollywood studio offer
Sep 26 2023
Leaders of the Writers Guild of America will meet Tuesday to decide whether to accept a pay deal hammered out with …
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Biden makes history by joining US auto workers picket line
Sep 26 2023
Joe Biden became the first sitting US president to stand on a picket line Tuesday, joining striking auto workers in …
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