Business and Tech



British inventor Dyson loses Brexit libel claim

AFP - 10m ago

The billionaire inventor James Dyson has lost a libel action against a British newspaper which commented on how he …

Regional tourism a casualty in Israel-Hamas conflict

AFP - 1h ago

Tourists are abandoning the Middle East region due to the conflict between Israel and Hamas, putting at risk nations …

COP28: Why energy efficiency matters so much

AFP - 3h ago

If we are to save the planet, we are going to have to use energy far more efficiently.

US judge halts pending TikTok ban in Montana

AFP - 4h ago

A federal judge on Thursday temporarily blocked a ban on TikTok set to come into effect next year in Montana, saying the …

Asian markets mixed even as US data fuels rate cut talk

AFP - 34m ago

Asian markets diverged Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation …

UK's HS2: trying to bridge the gap between cost and ambition

AFP - 6h ago

The unfinished Colne Valley Viaduct traces a gentle curve over several lakes northwest of London, a picturesque symbol …

Asian markets struggle even as US data fuels rate cut talk

AFP - 9h ago

Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation …

Meta sues US regulator to stop privacy settlement change

AFP - 9h ago

Meta filed a lawsuit late Wednesday arguing that US regulators planning to change the terms of a 2020 privacy settlement …

COP28 puts spotlight on state oil giants

AFP - 9h ago

Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a …

After success abroad, Saudi designers hit the runway at home

AFP - 10h ago

Couturier Adnan Akbar's past clients included Princess Diana and two French first ladies, but until recently he had …

Canadian mining firm seeks to suspend 7,000 workers in Panama

AFP - 11h ago

Canadian firm First Quantum Minerals on Thursday asked Panama's government to suspend the contracts of some 7,000 …

Russian pleads guilty in US to role in Trickbot malware scheme

Nov 30 2023

A Russian man pleaded guilty on Thursday to involvement in developing the Trickbot malware used to extort businesses, …

Giddy Musk unveils Cybertruck in Tesla's latest defiant bet

Nov 30 2023

Tesla began customer deliveries of the Cybertruck on Thursday, bringing to fruition an Elon Musk passion project that …

UK to probe of UAE-backed takeover of Telegraph

Nov 30 2023

The UK government said on Thursday it had triggered a formal probe on public interest grounds into the proposed sale of …

OPEC+ mulls further output cuts to boost flagging prices

Nov 30 2023

Major oil-producing nations led by Riyadh and Moscow were moving towards an agreement to further slash production to …

US Fed's favored inflation gauge slows in October

Nov 30 2023

A key inflation measure used by the US Federal Reserve to set interest rates eased further last month amid declining …

Falling inflation fuels rise in stocks

Nov 30 2023

A drop in inflation in Europe and the United States sent stocks climbing on Thursday, boosting expectations that the US …

Hundreds of new oil and gas projects approved despite climate crisis

Nov 30 2023

More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all new …

Former UK finance minister Alistair Darling dies aged 70: family

Nov 30 2023

Alistair Darling, the UK finance minister when the 2008 financial crisis hit, has died at the age of 70 following a …

Eurozone inflation falls to more than two-year low

Nov 30 2023

Inflation in the eurozone fell to its lowest level in more than two years in November, official data showed Thursday, …

UK's RMT union members accept pay deal to end long-running rail strikes

Nov 30 2023

The RMT rail union on Thursday said its members have voted in favour of a pay deal to end more than a year of walkouts …

Stock markets rise with inflation on radar

Nov 30 2023

Stock markets rose Thursday before publication of key US inflation data and as investors reacted to mixed economic news …

Intense talks as OPEC+ meets to decide over output amid tumbling prices

Nov 30 2023

Uncertainty hovered over what major oil-producing nations -- collectively known as OPEC+ -- will decide on output policy …

'More than a chatbot': Google touts firm's AI tech

Nov 30 2023

Google's position as king of the search engines is under threat like never before, but the firm's global policy chief …

Markets rise ahead of US inflation, but rate cut hopes build

Nov 30 2023

Asian markets ticked higher Thursday, with focus on the release of key US inflation data that comes as traders ramp up …

Markets drift ahead of US inflation, but rate cut hopes build

Nov 30 2023

Asian markets struggled Thursday following another tepid performance on Wall Street, with focus on the release of key US …

Musk's latest gamble: Tesla Cybertruck set for debut

Nov 30 2023

Four years after startling the car world with designs for the Cybertruck, Elon Musk is set Thursday to mark the arrival …

Ottawa, Google reach 'historic' deal to support Canadian media

Nov 30 2023

The Canadian government and Google announced Wednesday a "historic" deal to support the country's media, heading off an …

Musk regrets controversial post but won't bow to advertiser 'blackmail'

Nov 30 2023

Elon Musk apologized Wednesday for endorsing a social media post widely seen as anti-Semitic, but accused advertisers …

US slaps sanctions on crypto mixer used by N.Koreans for laundering

Nov 29 2023

The United States on Wednesday slapped sanctions on a crypto mixer that it said was serving as a money laundering tool …

US Fed finds signs of slowing economic activity

Nov 29 2023

US economic activity has slowed in recent weeks and the labor market has continued to cool, the Federal Reserve …

Ottawa, Google reach deal to support Canadian media

Nov 29 2023

The Canadian government and Google have reached a deal to support the country's media, heading off an imminent threat by …

European, US stock markets up as bets build on rate cuts

Nov 29 2023

Europe's main stock markets mostly rose Wednesday while Wall Street held onto gains as traders ramped up bets on the US …

European, US stock markets climb as bets build on rate cuts

Nov 29 2023

Wall Street and Europe's main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve …

With auto strike over, GM announces big share buybacks

Nov 29 2023

General Motors announced hefty new initiatives Wednesday to return billions of dollars to shareholders, lifting its …

COP28 president denies using climate talks to push oil deals

Nov 29 2023

The Emirati host of the UN climate conference in Dubai denied Wednesday reports that he used his presidency of the …

Saudi wealth fund scoops up 10% of London Heathrow airport

Nov 29 2023

Saudi Arabia's sovereign wealth fund is to buy ten percent of London's Heathrow airport from Spanish infrastructure …

Ikea net profit surges in 2023 as sales rise

Nov 29 2023

Swedish furniture giant Ikea saw a five-fold increase in net profit for its full-year 2023 which ended in August, …

Austrian property tycoon's Signa to file for insolvency

Nov 29 2023

Rene Benko's real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on …

UAE to pump CO2 into rock as carbon capture debate rages

Nov 29 2023

High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it …

European stock markets climb as bets build on rate cuts

Nov 29 2023

Europe's main stock markets mostly climbed Wednesday as traders ramped up bets on the US Federal Reserve cutting …

OECD trims global growth forecast, warns of conflict risk

Nov 29 2023

The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its growth …

Austria property giant Signa to file for insolvency

Nov 29 2023

Austrian real estate giant Signa -- whose vast portfolio includes New York's iconic Chrysler building -- on Wednesday …

Uber to partner with London's black cabs despite disputes

Nov 29 2023

Uber is to roll out its service to London black cabs next year, it announced Wednesday, despite long-running friction …

Philips stock slumps after new FDA warning

Nov 29 2023

Shares in Dutch medical device manufacturer Philips plunged Wednesday after the US Food and Drug Administration warned …

Dollar weakens as rate cut bets build, but equities mixed

Nov 29 2023

The dollar extended losses Wednesday as traders ramped up bets on the Federal Reserve cutting interest rates in the new …

Dollar weakens further as rate cut bets build, but equities mixed

Nov 29 2023

The dollar extended losses Wednesday as traders ramped up bets on the Federal Reserve cutting interest rates in the new …

Spanish giant Ferrovial sells remaining stake in Heathrow

Nov 29 2023

Spanish infrastructure giant Ferrovial announced it is offloading its remaining 25 percent stake in London's Heathrow …

Big Tech in charge as ChatGPT turns one

Nov 29 2023

A year after the history-making release of ChatGPT, the AI revolution is here, but the recent boardroom crisis at …

Top Panama court strikes down contested mining contract

Nov 28 2023

Panama's Supreme Court on Tuesday ruled that a contract allowing a Canadian company to keep operating Central America's …

Charlie Munger, Warren Buffett's longtime business partner, dies at 99

Nov 28 2023

Charlie Munger, the longtime friend and business partner of famed US investor Warren Buffett, died on Tuesday at the age …

Saudi snares 2030 World Expo in latest success

Nov 28 2023

The Saudi capital Riyadh on Tuesday won the right to host the 2030 World Expo, defeating rival bids from Italy and South …

Stock markets diverge before US economy updates

Nov 28 2023

Wall Street stocks rebounded Tuesday but Asian and European markets were mostly dragged lower as traders booked profits …

US Fed officials encouraged by 'progress' on inflation

Nov 28 2023

The US Federal Reserve is making good progress in its fight against inflation, senior bank officials said Tuesday, while …

Top Panama court says contested mining contract 'unconstitutional'

Nov 28 2023

Panama's Supreme Court on Tuesday declared that a contract allowing a Canadian company to continue operating Central …

Stock markets fall further before US economy updates

Nov 28 2023

Global stock markets mostly fell for a second session running Tuesday as traders booked profits before updates on the US …

Busan, Riyadh or Rome? 2030 World Expo host to be revealed

Nov 28 2023

The host of the 2030 World Expo will be chosen on Tuesday, with Rome in Italy, the Saudi capital Riyadh and South …

Virgin pilots first transatlantic flight with low-carbon fuel

Nov 28 2023

British airline Virgin Atlantic on Tuesday piloted the first long-haul flight powered entirely by Sustainable Aviation …

Norway court hears lawsuit over state's oil plans

Nov 28 2023

A court began hearing Tuesday a lawsuit against Norway over oil and gas development plans, with environmental groups …

Virgin set for first long-haul flight with low-carbon fuel

Nov 28 2023

British airline Virgin Atlantic on Tuesday operates the first transatlantic flight powered entirely by Sustainable …

Scholz defends spending as budget crisis rocks Germany

Nov 28 2023

German Chancellor Olaf Scholz on Tuesday staunchly defended his government's record on spending after a bombshell court …

EasyJet returns to profit but warns of Gaza war impact

Nov 28 2023

British no-frills airline EasyJet on Tuesday announced its first annual profit since the outbreak of the Covid pandemic …

Markets mixed as traders await US data, Fed speakers

Nov 28 2023

Asian markets were mixed Tuesday following a tepid performance on Wall Street, with profit-taking tempering hopes for …

Taiwan's Foxconn plans to invest $1.54 bn more in India

Nov 28 2023

Taiwanese tech giant and key Apple supplier Foxconn is planning an additional $1.54 billion investment in India for …

Why you should care about the budget crisis rocking Germany

Nov 28 2023

German Chancellor Olaf Scholz will address parliament Tuesday about an escalating budget crisis triggered by a bombshell …

Diamond trade polishes its act as Russia sanctions loom

Nov 28 2023

As European capitals prepare to implement long-awaited sanctions on Russia's diamond exports, Belgian traders are …

Xi says China must protect foreign firms' rights, intellectual property

Nov 28 2023

Chinese leader Xi Jinping has ordered greater protection for international firms' rights and intellectual property, …

Six recycling innovations that could change fashion

Nov 28 2023

The fashion industry's enormous waste problem is pushing governments, particularly in Europe, towards ambitious …

Tesla sues Swedish state over strike fallout

Nov 27 2023

Electric carmaker Tesla on Monday filed a lawsuit against the Swedish state over a strike by postal workers blocking …

Israeli president tells Musk he has 'huge role' in anti-Semitism fight

Nov 27 2023

Israel's president told Elon Musk on Monday that the tech mogul has "a huge role to play" to combat anti-Semitism, which …

Israeli president tells Musk he has 'huge role' in anti-Semitism

Nov 27 2023

Israel's president told Elon Musk on Monday that the tech mogul has "a huge role to play" to combat anti-Semitism, which …

UAE sought to use COP28 to advance oil deals: report

Nov 27 2023

The United Arab Emirates planned to exploit meetings with foreign governments arranged due to its COP28 hosting role to …

Stock markets dip as US inflation comes into view

Nov 27 2023

Stock markets drifted lower on Monday as investors eyed the release this week of key US inflation data that could guide …

'Disastrous' gridlock hits S. Africa's busiest port

Nov 27 2023

More than 60,000 containers are stuck at sea waiting to be offloaded at South Africa's biggest port amid gridlock blamed …

VW weighs staff reductions as electric shift stalls

Nov 27 2023

German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early …

Gucci design studio strikes over move to Milan

Nov 27 2023

Some 40 artisans from Gucci's design studio downed tools Monday in the creatives' first ever strike, held over plans to …

Sales of new US homes slow in October

Nov 27 2023

New home sales in the United States decelerated in October, according to government data released Monday, although the …

Stock markets on hold as US inflation comes into view

Nov 27 2023

Stock markets were mostly in wait-and-see mode on Monday as investors eyed the release this week of key US inflation …

Paris mayor to stop using 'global sewer' X

Nov 27 2023

Paris Mayor Anne Hidalgo said on Monday she was quitting Elon Musk's social media platform X, formerly known as Twitter, …

Stock markets drop as US inflation comes into view

Nov 27 2023

Major Asian and European stock markets mostly dropped Monday as investors awaited the release this week of key US …

EU-NZ trade pact gets Brussels' final green light

Nov 27 2023

Brussels on Monday gave the final green light for an EU-New Zealand trade deal that, while mutually lowering barriers …

Storm leaves thousands without power in Crimea

Nov 27 2023

Over 400,000 people in Crimea were left without power on Monday, after hurricane force winds and heavy rains battered …

UK announces almost £30 bn of private investment at CEO summit

Nov 27 2023

Prime Minister Rishi Sunak on Monday announced £29.5 billion ($37.2 billion) of private funding for new UK projects as …

Markets drop as US inflation comes into view

Nov 27 2023

Markets dipped in Asia and Europe on Monday as investors look ahead to the release this week of key US inflation data …

Experts trash Hong Kong's 'throwaway culture' ahead of plastic ban

Nov 27 2023

Unlike her fellow Hong Kong urbanites toting plastic or paper cups filled with coffee, pet groomer Lucine Mo takes her …

Asian markets drop as US inflation comes into view

Nov 27 2023

Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide …

Winter isn't coming: climate change hits Greek olive crop

Nov 27 2023

Greek organic farmer Zaharoula Vassilaki looks with admiration at a huge olive tree on her property believed to be over …

Asian markets ease as US inflation comes into view

Nov 27 2023

Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide …

Milei heads to US as next Argentine leader

Nov 27 2023

Argentina's president-elect Javier Milei was traveling Sunday to the United States to meet with US and international …

'Hunger Games' still tops in N.America after 'Napoleon' invades

Nov 26 2023

The "Hunger Games" prequel stayed atop the North American box office over the long US Thanksgiving weekend, fending off …

One dead after ship sinks off Greek island

Nov 26 2023

Greek rescuers on Sunday were searching for 12 people missing after a ship sank in gale-force winds off the Aegean …

'Black Friday' kicks off US shopping season amid economic unease

Nov 24 2023

US retailers' efforts to attract holiday gift buyers build to a crescendo this weekend as the "Black Friday" shopping …

Amazon hit by 'Black Friday' strikes in Europe

Nov 24 2023

Amazon was hit by strikes at various locations in Britain, Germany and Italy during the annual "Black Friday" shopping …

US economic uncertainty means bigger 'Black Friday' discounts

Nov 24 2023

Retailers' efforts to attract holiday gift buyers build to a crescendo this weekend as the "Black Friday" shopping day …

Argentine shopkeepers struggle to keep pace with soaring prices

Nov 24 2023

Paola Basso sighs as she hastily sticks price tags one on top of the other in a suburb of Buenos Aires, as the cost of …

HMV reopening raises revival hopes for London's Oxford Street

Nov 24 2023

British music retailer HMV returned to the iconic site of its former flagship store in central London on Friday, in a …

Nissan accelerates UK electric car production

Nov 24 2023

Japanese auto giant Nissan announced Friday it would invest up to £2 billion ($2.5 billion) in UK electric car …

Stock markets waver as US set for light post-Thanksgiving session

Nov 24 2023

Asian and European stock markets wavered Friday in subdued trade with Wall Street set for a half session during the …

German union calls on Amazon workers to strike on 'Black Friday'

Nov 24 2023

Union Verdi called on workers at online retail giant Amazon in Germany to go on strike on the annual "Black Friday" …

Markets struggle as rally sputters, China property sector in focus

Nov 24 2023

Markets drifted Friday following a broadly healthy week, with traders hoping for fresh Chinese moves to help the …

In Nigeria's Muslim north, sharia police change tack on influencers

Nov 24 2023

Tiktoker Murja Kunya once ran afoul of sharia police in Nigeria's northwest city of Kano, where "hisbah" units enforce …

Top producer Ivory Coast fears for cocoa output after rains

Nov 24 2023

"Thirty years I've been in cocoa -- and this is the worst season yet," said Siaka Sylla as he contemplated an almost …