Business and Economy
Stock markets diverge as traders weigh future Fed cuts
AFP - 1h ago
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest …
Full Story »
As Trump returns, African exporters torn between hope and horror
AFP - 2h ago
Citrus growers in South Africa are among the businesses most nervous that duty- and quota-free exports to the United …
Full Story »
Burberry launches turnaround plan as posts loss
AFP - 2h ago
Troubled British fashion house Burberry on Thursday announced cost-cutting plans after posting a loss, with the global …
Full Story »
Most markets drop as traders weigh Fed; bitcoin eases
AFP - 3h ago
Markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest rate …
Full Story »
Most Asian markets drop as traders weigh Fed; bitcoin eases
AFP - 1h ago
Asian markets mostly fell Thursday as investors digested US inflation data that supported the case for another interest …
Full Story »
Greece's ambitious 'smart city' by the sea takes shape
AFP - 5h ago
High above the sparkling surface of the Athens coastline, the cranes for building the 50-floor luxury tower centrepiece …
Full Story »
Corruption overshadows Ukraine's multi-billion reconstruction progam
AFP - 6h ago
When Bart Gruyaert agreed to help rebuild destroyed apartment blocks outside Kyiv, he hoped to be one cog in Ukraine's …
Full Story »
Dating apps move to friend zone in search of profits
AFP - 6h ago
Burnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a …
Full Story »
Asian markets mixed as traders weigh Fed; bitcoin above $90,000
AFP - 4h ago
Asian markets diverged Thursday as investors digested US inflation data that supported the case for another interest …
Full Story »
'First Buddy': Musk takes unusual star role with Trump
AFP - 11h ago
As Donald Trump prepares his return to the White House, one of his most omnipresent confidants has been not his running …
Full Story »
Buy now, pay later: Latin America pressured by Chinese online shops
AFP - 11h ago
Isidora Olave opens a package containing a T-shirt, a skirt and a handful of glitter stickers shipped to her front door …
Full Story »
Workers stage walkout at US maker of Fallout video game
AFP - 12h ago
Hundreds of US workers at the video game giant behind Fallout staged a one-day strike Wednesday over outsourcing and …
Full Story »
Bitcoin hits new highs, markets stall amid US inflation increase
Nov 13 2024
Global equities stalled Wednesday while bitcoin hit a fresh high as traders digested a small rise in inflation and …
Full Story »
Trump victory signals golden era for crypto industry
Nov 13 2024
Donald Trump's triumphant return to the White House signals a potential golden era for cryptocurrencies, whose …
Full Story »
New push for EU-South America trade deal despite French fury
Nov 13 2024
A controversial trade deal between the EU and South America's Mercosur bloc is back in the spotlight with renewed hopes …
Full Story »
Tech's green wave hits choppy waters
Nov 13 2024
Tech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the …
Full Story »
Markets stall, inflation and bitcoin rise amid Trump fears
Nov 13 2024
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump's …
Full Story »
US consumer inflation rises in October on higher housing costs
Nov 13 2024
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data …
Full Story »
UK's The Guardian stops posting on 'toxic media platform' X
Nov 13 2024
Britain's The Guardian newspaper announced Wednesday it would no longer post content from its official accounts on Elon …
Full Story »
India delivery app Swiggy shares gain on market debut
Nov 13 2024
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the …
Full Story »
Stock markets diverge as Trump fears build
Nov 13 2024
Global stock markets diverged Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
Full Story »
Most Asian markets extend losses as Trump fears build
Nov 13 2024
Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
Full Story »
7-Eleven owner announces counter-bid to foreign buyout
Nov 13 2024
The Japanese owner of 7-Eleven said Wednesday its founding family had offered a counter-bid to a takeover attempt by …
Full Story »
Asian markets extend losses as Trump fears build
Nov 13 2024
Asian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and …
Full Story »
Elon Musk: rocket man takes aim at Washington
Nov 13 2024
Billionaire Elon Musk took a wild gamble backing Donald Trump's White House candidacy, but the bet has paid off -- at …
Full Story »
Australian airlines cancel Bali flights after volcano erupts
Nov 13 2024
Several Australian airlines on Wednesday cancelled their flights to and from the Indonesian resort island of Bali, after …
Full Story »
China's Xi heads to Peru for APEC meeting shrouded in Trump fears
Nov 13 2024
Chinese leader Xi Jinping headed to Peru on Wednesday, bound for a meeting of Asia-Pacific Economic Cooperation (APEC) …
Full Story »
7-Eleven owner considers going private to avoid foreign buyout: reports
Nov 13 2024
The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover …
Full Story »
Trump presidency raises fresh conflict of interest concerns
Nov 13 2024
Donald Trump's impending White House return poses questions once again about conflicts of interest related to his …
Full Story »
Aga Khan emerald fetches record $9 mn in Geneva auction
Nov 13 2024
A rare square 37-carat emerald owned by the Aga Khan fetched nearly nine million dollars at auction in Geneva on …
Full Story »
US bans flights to Haiti after three jetliners hit by gunfire
Nov 12 2024
The United States on Tuesday banned all civilian flights to Haiti for a month, a day after three jetliners approaching …
Full Story »
Global stocks slip as markets take post-US election breather
Nov 12 2024
A stocks rally following Donald Trump's US election win lost steam Tuesday as traders looked to consolidate recent …
Full Story »
Climate cash should also go to nuclear, says UN atomic chief
Nov 12 2024
The head of the United Nations nuclear watchdog said Tuesday that atomic power should also be allowed to tap into …
Full Story »
Free Facebook in EU with less targeted ads
Nov 12 2024
Under pressure by EU regulators, Meta said Tuesday it was offering non-paying users of its Facebook and Instagram …
Full Story »
UN carbon market inches closer after COP29 agreement
Nov 12 2024
The creation of a UN-backed global carbon market has taken a step closer to reality with governments approving new …
Full Story »
Trump tariff worries trip up stocks rally, dollar climbs
Nov 12 2024
A stocks rally following Donald Trump's re-election lost steam Tuesday on worries of a possible trade war between China …
Full Story »
Boeing expects post-strike output recovery to take several weeks
Nov 12 2024
Boeing said Tuesday that it delivered 14 aircraft in October, but production will likely take several weeks to return to …
Full Story »
EU vessels to cease fishing in Senegal after accord expires
Nov 12 2024
European fishing vessels will imminently cease activities in Senegalese waters after the non-renewal of an agreement …
Full Story »
Lindt disputes US lawsuit claims, stands by 'excellence' labelling
Nov 12 2024
Top Swiss chocolatier Lindt & Sprungli is disputing claims brought by US consumers in a class action lawsuit concerning …
Full Story »
Trump tariff worries trip up stocks rally
Nov 12 2024
A stocks rally following Donald Trump's re-election lost steam Tuesday on worries of a possible trade war between China …
Full Story »
UK to beef up its emissions cuts as it bids to be 'climate leader'
Nov 12 2024
The UK will aim to reduce greenhouse gas emissions by 81 percent on 1990 levels by 2035, Prime Minister Keir Starmer …
Full Story »
Court challenge begins against UK oil and gas field approvals
Nov 12 2024
Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and …
Full Story »
Nations to submit boosted climate plans: what's at stake?
Nov 12 2024
Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make …
Full Story »
Bayer shares hit 20-yr low as problems pile up
Nov 12 2024
Bayer's shares plunged to a 20-year low Tuesday after the German chemicals giant cut its earnings outlook and posted a …
Full Story »
Tech sector gathers in Lisbon in shadow of Trump victory
Nov 12 2024
Leading lights of the tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the …
Full Story »
C.Africa urges lifting of embargo on diamond exports
Nov 12 2024
The Central African Republic (CAR) sought Tuesday to convince the regulatory body for global diamond trading to lift all …
Full Story »
Stock markets retreat on Trump tariff worries
Nov 12 2024
European and Asian stock markets slid Tuesday on worries of a possible trade war between China and the United States …
Full Story »
New EU chief diplomat backs Ukraine as bloc's top team faces grilling
Nov 12 2024
The European Union's designated foreign policy chief said Tuesday that the bloc must back Ukraine "for as long as it …
Full Story »
Asian markets drop as Trump worries kick in after China disappoints
Nov 12 2024
Asian markets sank Tuesday as worries about the impact of a possible trade war between China and the United States when …
Full Story »
China planning to cut taxes on home buying: report
Nov 12 2024
China is looking to slash taxes on home purchases as the government strengthens fiscal support for its ailing real …
Full Story »
Dutch court to rule in Shell climate appeal
Nov 12 2024
Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce …
Full Story »
Nintendo courts non-gamers in 'about-turn' strategy
Nov 12 2024
Once confined to rectangular screens, chirpy plumber Mario and pointy-eared Princess Zelda are popping up in theme parks …
Full Story »
China's largest air show takes off with fighter jets, attack drones
Nov 12 2024
Fighter jets and attack drones took centre stage as China's largest air show officially opened on Tuesday, an …
Full Story »
Australia moves to keep its banks in the Pacific
Nov 12 2024
Australia will move to stem the exodus of its banks from the Pacific Islands, the country's top economic official said, …
Full Story »
Sri Lanka's leftist president faces first parliament test
Nov 12 2024
Sri Lanka's new leftist leader has drawn strong support from an unlikely source as he seeks to expand his three …
Full Story »
Asian markets stutter with focus on China as Trump picks team
Nov 12 2024
Traders struggled Tuesday to bounce back from the previous day's losses in most markets sparked by disappointment over …
Full Story »
Bees help tackle elephant-human conflict in Kenya
Nov 12 2024
"We used to hate elephants a lot," Kenyan farmer Charity Mwangome says, pausing from her work under the shade of a …
Full Story »
Italy and Lufthansa reach deal on ITA Airways stake
Nov 12 2024
The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German …
Full Story »
Fears of Trump trade wars cast pall over Asia-Pacific summit
Nov 12 2024
The presidents of the United States, China and other Asia Pacific nations gather in Lima this week for an economic …
Full Story »
Boeing reaches settlement to avert civil trial in MAX crash
Nov 12 2024
Beleaguered aviation giant Boeing reached a last-minute settlement Monday with the family of a woman killed in the crash …
Full Story »
Defunct crypto group FTX seeks to claw back $1.8 bn from Binance
Nov 11 2024
The liquidators of the defunct cryptocurrency exchange FTX have sued to try to claw back $1.8 billion paid by the …
Full Story »
Peru's Chancay: China's megaport of entry to South America
Nov 11 2024
Huge cranes loom over Peru's massive new Chinese-funded Chancay port, a symbol of Beijing's growing influence in South …
Full Story »
Stocks and dollar climb, bitcoin hits record high
Nov 11 2024
US and European stocks mostly climbed, while the dollar rose and bitcoin extended a record run on Monday, as traders …
Full Story »
Lindt melted own 'excellence' claim in US lawsuit: reports
Nov 11 2024
In a bid to dodge a US lawsuit, Swiss chocolatier Lindt & Sprungli has scuppered its own claims about the excellence of …
Full Story »
'London's best-kept secret': UK's largest wholesale market turns 50
Nov 11 2024
By the time most Londoners had rolled out of bed on Monday morning, Gary Marshall was already winding down for the day …
Full Story »
Stocks diverge, bitcoin hits record high
Nov 11 2024
Major stock markets diverged, the dollar gained and bitcoin extended a record run higher Monday, as traders took their …
Full Story »
China's 'Singles Day' shopping spree in spotlight as spending flags
Nov 11 2024
China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that …
Full Story »
China says to impose anti-dumping measures on EU brandy
Nov 11 2024
China said Monday it will impose "temporary anti-dumping measures" on brandy imported from the European Union, deepening …
Full Story »
Asian stocks struggle as China support plan falls flat, bitcoin hits record
Nov 11 2024
Most Asian markets fell Monday after China's keenly awaited plans to support the world's number two economy fell short …
Full Story »
Asian stocks drop as China support plan falls flat, bitcoin hits record
Nov 11 2024
Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of …
Full Story »
Asia, the world's economic engine, prepares for Trump shock
Nov 10 2024
Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on …
Full Story »
Trump victory poses challenges for the Fed's independence
Nov 10 2024
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially …
Full Story »
US farmers gird for trade wars on Trump tariff pledges
Nov 10 2024
Donald Trump's first White House term saw a bruising trade war with China that left a lingering impact on farmers -- and …
Full Story »
Boeing to face civil trial over 2019 MAX crash
Nov 09 2024
Beleaguered aviation giant Boeing is set to confront another hurdle next week when it faces a civil trial over the March …
Full Story »
US stocks hit fresh records as European bourses retreat
Nov 08 2024
Wall Street stocks closed at fresh records Friday, extending a post-election rally while European equities pulled back …
Full Story »
After Trump victory, EU leaders vow 'urgent' economic reform
Nov 08 2024
EU leaders on Friday pledged to overhaul the bloc's economy with radical changes recommended in a landmark report, in …
Full Story »
UK rules drivers on Bolt ride-hailing platform are employees
Nov 08 2024
UK drivers using the Bolt ride-hailing platform should be considered employees and have access to rights such as the …
Full Story »
European businesses brace for Trump return
Nov 08 2024
The return of Donald Trump and his protectionist agenda to the White House will likely rock US trade relations with the …
Full Story »
On Kinshasa's streets hairdressers make a quick buck
Nov 08 2024
Standing in a makeshift salon on the side of a dusty backstreet in Democratic Republic of Congo capital Kinshasa Papy …
Full Story »
Stock markets waver after US election rally, rate cut
Nov 08 2024
Wall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed …
Full Story »
Cartier owner's profit sinks as China sales slump
Nov 08 2024
Cartier owner Richemont posted Friday a hefty drop in net profit for the first half of the year as watch sales sank in …
Full Story »
China unveils sweeping local govt debt swap to lift ailing economy
Nov 08 2024
China on Friday unveiled some of its most ambitious plans in years to lift local government debt, following a meeting of …
Full Story »
Stocks falter tracking US, China policy updates
Nov 08 2024
European and Asian stock markets mostly retreated Friday as US and China policy updates cause concern about growth …
Full Story »
After Trump win, EU leaders tackle 'urgent' reform agenda
Nov 08 2024
Reforming Europe's economy is all the more urgent following Donald Trump's US election win, warned the author of a …
Full Story »
France expects massive slump in 2024 wine harvest
Nov 08 2024
Unfavourable weather has likely slashed France's 2024 wine harvest by 23 percent compared to the previous year, the …
Full Story »
Qantas plane returns to Australia airport due to 'engine failure'
Nov 08 2024
A Qantas plane made an emergency landing Friday due to engine failure soon after taking off from Australia's Sydney …
Full Story »
Sony quarterly net profit jumps but forecast unchanged
Nov 08 2024
Sony's net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the …
Full Story »
China to raise local govt debt ceiling to boost struggling economy
Nov 08 2024
China said on Friday lawmakers had agreed to raise the local government debt ceiling by $840 billion, opening up new …
Full Story »
Asian markets struggle to maintain momentum after Fed cut
Nov 08 2024
Asia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record …
Full Story »
Climate change poses multiple risks for banks
Nov 08 2024
Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and …
Full Story »
Pharrell Williams to bring star power to Web Summit tech event
Nov 08 2024
Singer Pharrell Williams is due to kick off one of Europe's biggest tech events on Monday, the Web Summit in Lisbon, …
Full Story »
China poised to approve more help for ailing economy
Nov 08 2024
China is expected to unveil a huge support package for the struggling economy Friday as officials wrap up a key meeting …
Full Story »
Qantas plane returns to Australia airport due to 'engine failure', sparks fire
Nov 08 2024
A Qantas plane made an emergency landing Friday due to a "contained engine failure" soon after taking off from Sydney …
Full Story »
Asian markets extend rally after Fed cut
Nov 08 2024
Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates …
Full Story »
Sacred cow: coal-hungry India eyes bioenergy to cut carbon
Nov 08 2024
Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by …
Full Story »
Facing Trump's return, EU confronts economic challenges
Nov 08 2024
Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and …
Full Story »
US Fed makes quarter point cut as Powell insists he would not quit
Nov 08 2024
The US Federal Reserve shrugged off concerns about the economic impact of Donald Trump's election victory and moved …
Full Story »
Global stocks mostly rise as Fed, Bank of England cut rates
Nov 07 2024
Global stocks mostly rose Thursday, with US indices hitting fresh records as a Federal Reserve interest rate cut …
Full Story »
US Fed chair says will not leave early if asked by Trump
Nov 07 2024
US Federal Reserve Chair Jerome Powell said Thursday that he would not resign if asked to leave early by President-elect …
Full Story »
US Fed cuts interest rates a quarter point after Trump victory
Nov 07 2024
The US Federal Reserve shrugged off concerns about the impact of Donald Trump's election victory on interest rates and …
Full Story »
What will Trump 2.0 mean for US tech?
Nov 07 2024
What will Donald Trump's second stint in the White House mean for a US tech industry in the throes of an artificial …
Full Story »
Pharma giant AstraZeneca says China chief detained
Nov 07 2024
Pharmaceutical giant AstraZeneca said that the head of its China operations had been detained, after reports the firm …
Full Story »