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 …

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.

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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, …

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 …

'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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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.

'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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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.

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

'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 …

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 …

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 …

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 …

'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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …