Business and Tech

Huawei ban a salvo in widening US-China standoff

AFP - 45m ago

In effectively banning tech giant Huawei, President Donald Trump has fired a new salvo against China as the United …

US tech firms to take hit from Huawei sanctions

AFP - 51m ago

The tough sanctions imposed on Huawei by President Donald Trump could deal a blow to the many US firms that make up the …

Huawei row weighs on US, European stocks

AFP - 57m ago

Equity markets on both sides of the Atlantic slid Monday as investors fretted over the fallout of a US crackdown on …

Ford to cut 7,000 jobs, 10% of global salaried staff 

AFP - 1h ago

Ford plans to cut 7,000 jobs, or 10 percent of its global salaried workforce, as part of a reorganization as it revamps …

Sprint, T-Mobile mega-merger gets nod from key US official

AFP - 1h ago

The top official at the US communications regulator on Monday announced his support for the proposed $26 billion merger …

Police end Greenpeace blockade of BP HQ

AFP - 3h ago

London police said Monday they had detained all 10 Greenpeace activists who had blocked the entrances to BP's global …

BP HQ blockaded by Greenpeace stunt

AFP - 1h ago

Greenpeace activists blocked the entrances to BP's global headquarters in London Monday to convince the British energy …

Gardens of the future spring up at Chelsea Flower Show

AFP - 5h ago

Gardens of the future are being unveiled at the Chelsea Flower Show in London, where green-fingered designers have …

Trade row knocks stock markets

AFP - 6h ago

Equity markets on both sides of the Atlantic slid Monday as investors fretted over the latest flare-up in the China-US …

Ford to cut 7,000 jobs, 10% of global staff 

AFP - 1h ago

Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its …

Boeing acknowledges flaw in 737 MAX simulator software

AFP - 9h ago

Boeing acknowledged Saturday it had to correct flaws in its 737 MAX flight simulator software used to train pilots, …

Deutsche says money-laundering reports not waived for Trump

AFP - 9h ago

Germany's largest lender Deutsche Bank failed to forward suspicions about transactions involving US President Donald …

Tata Motors profits fall 47% amid Jaguar Land Rover China slowdown

AFP - 9h ago

Indian carmaker Tata Motors on Monday reported a 47 percent fall in quarterly profits after being hit by new struggles …

Google v Huawei hits millions of smartphone users

AFP - 11h ago

Hundreds of millions of smartphone users will be affected by Google's decision to sever its Android operating system …

Trade row knocks European stock markets

AFP - 2h ago

European equity markets slid Monday as investors fretted over the latest flare-up in the China-US trade war.

Swine fever sending pork prices higher

AFP - 2h ago

In a cruel irony in the Chinese Year of the Pig, outbreaks of African Swine Fever are forcing huge culls that could send …

Ryanair sees more turbulence after profit slumps on cheaper fares

AFP - 12h ago

Irish no-frills airline Ryanair on Monday warned of further profits turbulence after annual earnings slumped almost a …

EU firms 'caught in crossfire' of US-China trade war

AFP - 13h ago

European firms are "caught in the crossfire" of the US-China trade war and fewer are optimistic about their future in …

Google and Android system start to cut ties with Huawei

AFP - 13h ago

US internet giant Google, whose Android mobile operating system powers most of the world's smartphones, said it was …

Most Asian markets up but trade row rumbles on

AFP - 3h ago

Most Asian markets rose Monday after Donald Trump showed signs of conciliation in his trade wars but investors remain on …

Ryanair profit slumps on cheaper fares

AFP - 3h ago

Ryanair's annual net profit slumped by almost one third as overcapacity in the European short-haul sector caused it to …

Former China securities regulator under investigation

AFP - 19h ago

China's former top securities regulator -- appointed to clean up markets following a 2015 market meltdown -- is under …

After crisis, Greek youth divided about EU

AFP - 1h ago

As she ponders her future abroad, Greek university graduate Alexandra is unsure she wants to vote on May 26 for an EU …

Japan's economy shows better-than-expected growth

AFP - 19h ago

Japanese GDP expanded a better-than-expected 0.5 percent in the first quarter of this year, official data showed Monday, …

Will he, won't he? Speculation over Japan's sales tax hike

AFP - 20h ago

After months of speculation that Japan's government could postpone an impending sales tax hike to avoid damaging the …

'John Wick' opens on top as 'Avengers' nears historic mark

AFP - 18h ago

"Avengers: Endgame" finally yielded the top spot in North American box offices this weekend to the latest "John Wick" …

Saudi, UAE see sufficient oil supplies, rising stocks

AFP - 24h ago

Oil supplies were sufficient and stockpiles were still rising despite massive output drops from Iran and Venezuela, said …

Saudi Arabia deposits $250 mn in Sudan's central bank

AFP - 14h ago

Saudi Arabia announced Sunday it deposited $250 million in Sudan's central bank as part of a support package for the …

Huawei will not bow to US pressure: founder

AFP - 19h ago

Chinese telecoms giant Huawei is ready to deal with Washington's crackdown and will reduce its reliance on US …

Bangladesh factory safety monitors get court extension

AFP - 22h ago

Global clothing brands including H&M, Primark and Tesco won a Bangladesh Supreme Court case Sunday, allowing …

Concerns for Thomas Cook trips after share collapse

AFP - 16h ago

British holidaymakers on Sunday flooded troubled tour operator Thomas Cook with concerns about their trips, after its …

Oil producers meet to discuss output amid Iran tension

AFP - 7h ago

Major crude producers are set to meet Sunday to discuss how to stabilise a volatile oil market amid rising US-Iran …

Czech PM draws ire as rapeseed blossoms

AFP - May 19 2019

Shiny yellow rapeseed plants have sprung to life in the Czech Republic and angry residents blame their billionaire …

Mineral misery: Vietnam salt farmers battered by imports, climate

AFP - May 19 2019

The salt farmers of Hon Khoi rise before dawn as they have for generations, fanning out across shallow seawater pools in …

Take this app: tech firms tackle opioid crisis with software

AFP - May 19 2019

Technology firms are taking aim at the opioid crisis and related health problems with a new class of treatments -- …

For corporate America, abortion is just too hot to handle

AFP - May 19 2019

Some subjects are just too sensitive for corporate America. When it comes to the draconian new abortion laws passed …

Consultant poses as journalist in Monsanto trial

AFP - 11h ago

Smiling and affable, the young woman was able to pass herself off as a fellow journalist to reporters including AFP …

FTI Consulting: managing reputations and risk

AFP - 7h ago

FTI Consulting, the Washington PR firm at the center of complaints over its working methods, is a global business …

Audi fends off BMW bid to grab Bayern sponsorship

AFP - May 18 2019

German high-end car giant BMW said Saturday it had dropped plans to sponsor its hometown football team Bayern Munich, …

Trump delays decision on auto tariffs for up to six months

AFP - May 18 2019

President Donald Trump on Friday announced a six-month delay in imposing steep tariffs on auto imports, seeking to …

As bitcoin gyrates, less euphoria in evidence at blockchain gathering

AFP - May 18 2019

The vibe at a gathering this week for blockchain enthusiasts felt decidedly less exuberant than its predecessor a year …

Going down: Brazil economic woes hit stocks, currency

AFP - 23h ago

Atrophying growth forecasts and waning confidence in President Jair Bolsonaro sent Brazil's stocks and currency to their …

Trump lifts steel, aluminum tariffs on Canada, Mexico

AFP - May 18 2019

President Donald Trump on Friday announced a deal to lift US tariffs on steel and aluminum imports from Canada and …

Trade war fears hit Wall Street as pound tumbles on Brexit angst

AFP - May 17 2019

Wall Street finished a topsy-turvy session in the red Friday amid worries over US-China trade talks, while the pound …

EU adopts powers to respond to cyberattacks

AFP - May 17 2019

The European Union on Friday adopted powers to punish those outside the bloc who launch cyberattacks that cripple …

Dirty data: Firms count environmental costs of digital planet

AFP - May 17 2019

Technology is often touted as a solution to the world's environmental challenges, but it is also part of the problem: …

Facebook breakup could boost China rivals: Sandberg

AFP - May 17 2019

Facebook chief operating officer Sheryl Sandberg said Friday a breakup of big US technology would not address …

US stocks boosted by strong consumer data

AFP - May 17 2019

Wall Street stocks were mostly higher at mid-morning on Friday, largely shaking off trade war-related uncertainty after …

EU ready to negotiate trade with US, including cars

AFP - May 17 2019

The European Union said Friday it is prepared to negotiate a limited trade deal, including on cars, with the US, after …

HP Enterprise buying supercomputer star Cray

AFP - 23h ago

Hewlett Packard Enterprise (HPE) on Friday announced a $1.3 billion deal to buy supercomputer maker Cray, part of a move …

Pound slides on Brexit woes

AFP - 5h ago

The pound hit multi-month lows versus the dollar and euro Friday on renewed prospects of a no-deal Brexit after …

Lloyd's raises Gulf insurance risks after ship attacks

AFP - May 17 2019

Lloyd's of London insurance market on Friday widened its list of areas in and around the Gulf posing "enhanced risk for …

Alibaba faces consumer complaints in Europe

AFP - 3h ago

Six European consumer rights associations said Friday they have asked national authorities to look into illegal …

Germany green-lights e-scooters on roads, not pavements

AFP - May 17 2019

Germany on Friday authorised battery-powered scooters on its streets and cycle paths but banned them from pavements to …

Thomas Cook shares collapses on broker warning

AFP - 5h ago

Shares in troubled British tour operator Thomas Cook collapsed on Friday after Citigroup reportedly warned in a broker …

France posts new tourist record despite 'yellow vest' unrest

AFP - May 17 2019

France welcomed nearly 90 million foreign tourists last year, a new record for the country despite the "yellow vest" …

Crisis-hit Nissan shakes up board, keeps boss

AFP - 7h ago

Japanese car giant Nissan shook up its executive board Friday, adding a top director from partner Renault as it battles …

Austria NGO fights hate online, one conversation at a time

AFP - May 17 2019

When it comes to the problem of online hate speech, the culprits behind the keyboards and smartphones can take some …

Russian buyout of Spanish supermarket Dia succeeds

AFP - 5h ago

An investment fund owned by Russian tycoon Mikhail Fridman announced Friday it has secured majority control of …

Facebook bans Israeli firm over fake election posts

AFP - 8h ago

Facebook, facing criticism for enabling disruption of elections worldwide, said it was taking down hundreds of accounts …

Asian markets mixed after US rally, pound down on Brexit woes

AFP - 3h ago

Asian markets were mixed Friday as another rally on Wall Street and data indicating a strong US economy were offset by …

Changing channels helps Richemont get richer

AFP - 5h ago

Swiss luxury group Richemont said Friday its sales and profit surged in its latest fiscal year thanks to its integration …

EasyJet losses deepen in first half

AFP - 19h ago

British low-cost airline EasyJet said Friday that first-half net losses more than quadrupled due to "tough" market …

Amazon invests in British food courier Deliveroo

AFP - May 17 2019

US online titan Amazon has taken a stake in Deliveroo, the British food delivery company said on Friday.

Keyboard predators: SE Asia's kids targeted by online paedophiles

AFP - 20h ago

Southeast Asia is in the grip of a fresh surge of paedophile activity with predators orchestrating and watching abuse on …

China's Luckin raises $561 mln as it hopes to topple Starbucks

AFP - 10h ago

Chinese coffee chain Luckin, battling to dethrone Starbucks in the Asian giant, has raised $561 million ahead of its …

Attacking Gulf oil routes exposes alternatives to Hormuz

AFP - 16h ago

Attacks on Saudi and UAE oil assets built to bypass the Strait of Hormuz, a strategically important waterway in the …

Baidu posts first quarterly loss since IPO, top exec quits

AFP - 11h ago

Chinese internet giant Baidu has posted its first quarterly loss since going public in 2005, and the head of its core …

Asian markets mixed after US rally, Brexit back to haunt pound

AFP - 4h ago

Asian markets were mixed Friday as another rally on Wall Street and data indicating a strong US economy were offset by …

Could the fabled Orient Express take to the rails again?

AFP - 8h ago

It conjures up the atmosphere of rail travel from a bygone golden age, steaming through Europe experiencing top-notch …

SpaceX postpones launch of its first internet network satellites

AFP - 10h ago

SpaceX postponed a launch of 60 satellites into low-Earth orbit that was scheduled for Thursday night, possibly until …

WhatsApp, security and spyware: what happened

AFP - 1h ago

Facebook-owned WhatsApp's revelation of a security flaw allowing hackers to inject spyware on smartphones raised fresh …

Huawei becomes flashpoint in China-US economic showdown

AFP - 15h ago

The US crackdown on Huawei has made the Chinese telecommunications giant the flashpoint in a monumental economic and …

Global stocks mostly rise after solid US data, earnings

AFP - 6h ago

Global stocks mostly rose on Thursday on more benign statements from the United States about trade and a batch of solid …

Walmart reports jump in profit, warns on tariffs

AFP - 10h ago

Walmart reported a jump in first-quarter earnings on Thursday on increased US store sales and e-commerce growth but …

Boeing seeks regulators' OK, says 737 MAX software update complete

AFP - 13h ago

Boeing said Thursday that it completed its software update on the 737 MAX after two deadly crashes resulted in a global …

Hungary blasts Facebook for 'censorship' of pro-government media group

AFP - 12h ago

Hungary's government on Thursday accused Facebook of "censorship" of a pro-government media group after it complained …

SpaceX set to launch first satellites of its internet network

AFP - 5h ago

SpaceX is targeting Thursday night for the launch of 60 satellites into low-Earth orbit, the first of potentially …

Boeing says 737 MAX software update is complete

AFP - 10h ago

Boeing said Thursday that it completed its software update on the 737 MAX after two deadly crashes resulted in a global …

Video game rivals Microsoft and Sony team up in cloud

AFP - 6h ago

Longtime video game console rivals Microsoft and Sony on Thursday announced an alliance to improve their platforms for …

Saudi reopens key oil pipeline after drone attack: Aramco

AFP - 14h ago

Saudi Arabia has reopened a key oil pipeline, an official said Thursday, after it was shut down by drone attacks claimed …

African start-ups aim high, harsh realities temper hopes

AFP - 15h ago

Cameroonian start-up boss Serge Boupda made a polished pitch Thursday to a room packed with potential investors in …

Wikipedia 'doing very well financially': co-founder

AFP - 12h ago

Wikipedia co-founder Jimmy Wales said Thursday that the free online encyclopedia is in good financial shape, although …

Philippines says envoy recalled over Canada trash row

AFP - 14h ago

The Philippines has recalled its ambassador to Canada, Manila's foreign minister said Thursday, in an escalation of a …

Iraqi Airways to resume flights to Syria after 8-year break

AFP - 3h ago

Iraq's national carrier is to resume flights to the capital of neighbouring Syria for the first time since the war there …

Telecom giant MTN lists shares on Nigeria's stock exchange

AFP - 11h ago

Africa's largest mobile phone operator, MTN, listed shares on the Nigerian Stock Exchange (NSE) on Thursday in a $6 …

Tesla's 'Autopilot' engaged in Florida fatal crash: report

AFP - 10h ago

Tesla's "Autopilot" system was engaged by a driver who was killed in a March crash in Florida, according to an initial …

Stocks recover after volatility

AFP - 6h ago

Stock markets rose Thursday after recent volatility as investors weighed hopes for US-China trade talks against …

Air Canada seeks to buy tour operator Transat

AFP - 17h ago

Canada's flagship airline Air Canada announced Thursday its intention to buy tour operator Transat in a deal valued at …

Dutch probe China's Huawei for possible spying: report

AFP - 4h ago

Dutch intelligence services are investigating Huawei for possibly spying for the Chinese government by leaving a "back …

Pakistani rupee touches all-time low against dollar after IMF deal

AFP - 11h ago

Pakistan's rupee dropped to an all-time low of 146.5 to the dollar Thursday, days after Islamabad announced it had …

EU fines five major banks 1 bn euros for currency collusion

AFP - 8h ago

The EU's powerful anti-trust authority on Thursday fined five major banks -- including Barclays and Citigroup -- more …

German startup to offer electric air taxis 'by 2025'

AFP - 8h ago

German startup firm Lilium announced Thursday the maiden flight of its all-electric pilotless jet-powered 'air taxi' …

Singapore Airlines profit plunges as fuel costs surge

AFP - 8h ago

Singapore Airlines said Thursday its net profit for the last financial year nearly halved as fuel costs surged, but …

Asian markets mixed, trade hopes offset Huawei worries

AFP - 12m ago

Asian markets were mixed Thursday but Hong Kong and Shanghai rebounded from earlier losses as investors weighed hopes …

French unemployment at 10-year low

AFP - 16m ago

French unemployment has fallen to its lowest level in 10 years, the national statistics agency said Thursday, providing …

Trump ramps up battle against Chinese telecom giant Huawei

AFP - 39m ago

Donald Trump stepped up his battle against Huawei Wednesday, effectively barring the Chinese telecom giant from the US …

China formally arrests Canadian ex-diplomat, businessman: report

AFP - 2h ago

China has formally arrested two Canadians who have been detained for months on national security grounds, a Canadian …

From mother to daughter, Tunisia potters pass on ancestral know-how

AFP - 4h ago

With bucket and spade in hand, Sabiha Ayari from Sejnane in northern Tunisia is among the women keeping alive an ancient …

Asian markets sink as Trump further stokes trade war fears

AFP - 4h ago

Asian markets mostly fell Thursday as Donald Trump's ban preventing US companies from using foreign telecoms equipment …

Jeff Koons work sells for $91.1 million, record for living artist

AFP - 48m ago

A sculpture by American artist Jeff Koons sold on Wednesday for $91.1 million at an auction organized by Christie's in …

Trump pardons disgraced media mogul Conrad Black

AFP - 5h ago

President Donald Trump on Wednesday pardoned disgraced British media mogul Conrad Black, who served more than three …