Business and Economy



US tariffs of 25% on steel, aluminum imports take effect

AFP - 31m ago

The United States broadened its slate of tariffs Wednesday as sweeping levies on steel and aluminum imports took effect …

Mongolia's children choke in toxic pollution

AFP - 36m ago

As she watched her five-month-old son lying in intensive care, wires and tubes crisscrossing his tiny body, Uyanga …

Most Asian stocks drop as Trump trade policy sows uncertainty

AFP - 1h ago

Asian equities mostly fell Wednesday as investors fret over Donald Trump's ever-changing trade policies amid increasing …

UK makes manslaughter arrest of ship captain over North Sea crash

AFP - 3h ago

British police on Tuesday arrested on suspicion of manslaughter the captain of a ship that crashed into a tanker in the …

Trump talks up Tesla in White House show of support for Musk

Mar 11 2025

President Donald Trump sought to boost plummeting Tesla share prices Tuesday by briefly turning the White House into a …

Stock markets extend losses over US tariffs, recession fears

Mar 11 2025

Global stock markets extended losses on Tuesday as US President Donald Trump waffled on the size of tariffs he will levy …

US trades barbs with Canada as steel, aluminum tariffs loom

Mar 11 2025

The United States and Canada traded angry tariff warnings Tuesday, as trade tensions soared and President Donald Trump …

Oil companies greet Trump return, muted on tariffs

Mar 11 2025

Oil executives said Tuesday they are bullish on US petroleum investments in the emerging Trump era as some giants back …

Italian defence firm Leonardo to boost capacity amid geopolitical risks

Mar 11 2025

Italian defence group Leonardo will try to boost its capacity as orders rise in a "complex" environment marked by rising …

Trump burnishes Tesla at White House in show of support for Musk

Mar 11 2025

President Donald Trump responded Tuesday to plummeting Tesla share prices by briefly turning the White House into a …

Trump may rethink plans to double Canada steel, aluminum tariffs

Mar 11 2025

US President Donald Trump said Tuesday he would "probably" reconsider doubling planned tariffs on Canadian steel and …

Trump doubles down on Canada trade war with major tariff hike

Mar 11 2025

US President Donald Trump doubled tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" the …

Italian defence firm Leonardo to focus on int'l alliances for growth

Mar 11 2025

Italian defence group Leonardo will use international alliances to help accelerate growth and face competition amid …

UK makes manslaughter arrest over North Sea ship crash

Mar 11 2025

British police arrested a 59-year-old man Tuesday on suspicion of manslaughter in connection with a ship crash in the …

Ghana scraps IMF-linked 'nuisance' taxes

Mar 11 2025

Ghana's new government on Tuesday announced it was scrapping several Covid-era taxes introduced in an effort to secure …

Trump doubles down on Canada trade war with massive new tariffs

Mar 11 2025

US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to …

Trump says will buy a Tesla to show support for Musk

Mar 11 2025

President Donald Trump said Tuesday he will buy a "brand new Tesla" in support of his top donor and close advisor, Tesla …

Trump doubles down on Canada trade war

Mar 11 2025

US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to …

French right-wing media's Russia tilt irks Elysee 

Mar 11 2025

French Sunday newspaper readers woke up this past weekend to starkly different visions of their country's relationship …

Stock markets waver after sell-off over US recession fears

Mar 11 2025

Global stock markets wavered on Tuesday following a Wall Street sell-off over fears that President Donald Trump's trade …

Volkswagen to navigate another tricky year after 2024 profit plunge

Mar 11 2025

Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese competition as the German …

Ships blaze after North Sea crash, govt rules out foul play

Mar 11 2025

Two ships were still on fire in the North Sea on Tuesday after a cargo vessel slammed into a tanker carrying flammable …

Chanel plays with proportions as Paris Fashion Week wraps up

Mar 11 2025

Chanel presented its Fall-Winter collection on the last day of Paris Women's Fashion Week on Tuesday, playing with …

Stock markets mixed as Trump-fuelled economy fears weigh

Mar 11 2025

European and Asian stock markets diverged Tuesday after a sharp sell-off on Wall Street fuelled by fears about the US …

Ships blaze, spill feared after North Sea crash

Mar 11 2025

Fires were raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying flammable jet …

Struggling Japanese automaker Nissan replaces CEO

Mar 11 2025

Struggling Japanese automaker Nissan announced on Tuesday that chief executive Makoto Uchida would step down, a move …

Lego posts record profit, CEO shrugs off US tariff threat

Mar 11 2025

Lego's CEO told AFP that US President Donald Trump's tariff threats do not keep him up at night, as the world's largest …

Volkswagen profits hit as high costs, China woes weigh

Mar 11 2025

German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe's top …

Nigeria moves gingerly to tame Africa's biggest crypto market

Mar 11 2025

Nigerian authorities are warily moving to regulate Africa's largest cryptocurrency market in long-delayed efforts to …

Ships still on fire after North Sea crash

Mar 11 2025

Fires were still raging on Tuesday after a cargo ship laden with toxic materials slammed into a tanker carrying …

Most markets in retreat as Trump-fuelled economy fears build

Mar 11 2025

Asian markets mostly fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as …

South Korea's Kia denies responsibility for anti-Musk ad

Mar 11 2025

South Korean automaker Kia told AFP on Tuesday it had not approved an advertising campaign that featured one of its …

Asian markets track Wall St lower as Trump-fuelled economy fears build

Mar 11 2025

Asian markets fell Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald …

Search ends for missing crew member after North Sea collision

Mar 11 2025

The UK coastguard ended the search for a missing crew member after a cargo ship ran into a US-military chartered tanker …

Asian markets track Wall St selloff as Trump-fuelled economy fears build

Mar 11 2025

Asian markets tumbled Tuesday following a sharp sell-off on Wall Street fuelled by fears about the US economy as Donald …

Los Angeles wildfires cost Lloyd's of London $2.3 bn

Mar 11 2025

Insurance market Lloyd's of London on Monday said it had taken a financial hit totalling about $2.3 billion from the Los …

Russian oligarch's superyacht could be auctioned in US

Mar 10 2025

A luxurious superyacht that belonged to Russian billionaire Suleiman Kerimov may be headed to the auction block after a …

Stock markets plunge on US recession fears

Mar 10 2025

Global markets slumped Monday, with Wall Street logging sharp losses over fears that US President Donald Trump's trade …

Trump's energy chief vows reversal of Biden climate policies

Mar 10 2025

The US energy secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate …

One missing after cargo ship, tanker collide in North Sea

Mar 10 2025

One person was missing Monday after a cargo ship ran into a US-military charted tanker carrying jet fuel in the North …

Huge fire, more than 30 injured after North Sea ships crash

Mar 10 2025

A cargo ship ran into a US-military charted tanker carrying jet fuel in the North Sea on Monday, sparking a massive fire …

Trump's Energy Secretary vows reversal of Biden climate policies

Mar 10 2025

The US Energy Secretary vowed Monday to reset federal energy policy to favor fossil fuels and deprioritize climate …

Stock markets slump on US recession fears

Mar 10 2025

Stock markets dropped on Monday with tech shares leading the plunge as investors fretted over the risk that US President …

Huge fire, 32 injured after North Sea ships crash

Mar 10 2025

A cargo ship struck a tanker carrying jet fuel on Monday in the North Sea, sparking a massive fire off England and …

Stock markets slump on US economic fears

Mar 10 2025

Stock markets dropped on Monday as investors fretted over the impact of President Donald Trump's trade policies on the …

UBS fined 75,000 euros in France for harassing two whistleblowers

Mar 10 2025

A French court fined Swiss bank UBS 75,000 euros on Monday for the psychological harassment of two whistleblowers who …

North Sea tanker and cargo ship collision injures 32

Mar 10 2025

A major rescue operation was under way after a collision between an oil tanker and a cargo ship in the North Sea Monday …

Stock markets slump on US, China economic fears

Mar 10 2025

Stock markets slipped on Monday as investors fretted over the impact of President Donald Trump's trade policy on the …

Former Ubisoft bosses on trial in France accused of sexual harassment

Mar 10 2025

Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on …

Major fuel shortage hits black gold producer Niger

Mar 10 2025

Petrol station attendant Amadou Sani gesticulated to approaching motorists in Niamey to keep going because the garage …

Musk spat renews opposition in Italy to Starlink deal

Mar 10 2025

Italian opposition parties stepped up criticism Monday of a proposed deal between the government and SpaceX's Starlink …

Former Ubisoft bosses on trial in France over alleged harassment

Mar 10 2025

Three former top executives from French video game giant Ubisoft, the maker of "Assassin's Creed" and "Far Cry", went on …

Stock markets mainly lower on China, US economy fears

Mar 10 2025

European and Asian stock markets mostly fell Monday, as investors feared the impact of President Donald Trump's trade …

US President Donald Trump 'unpredictable': Greenland PM

Mar 10 2025

US President Donald Trump, who wants to take over Greenland, is very erratic, the island's premier said on Monday, the …

Five years ago, WHO's pandemic call shook world into action

Mar 10 2025

Five years ago on Tuesday, the World Health Organization announced Covid-19 had become a pandemic -- a moment when the …

Strike action grounds thousands of flights in Germany

Mar 10 2025

Strike action grounded thousands of flights in Germany on Monday, including all connections to and from Berlin, as the …

Hong Kong, Shanghai lead losers on mixed day for markets

Mar 10 2025

Shares in Hong Kong and Shanghai sank Monday on a mixed day for equity markets after data showing Chinese consumer …

'Got cash?' Tunisians grapple with new restrictions on cheques

Mar 10 2025

Olfa Meriah stands, frustrated, before a smartphone shop near the capital Tunis. How can she buy a phone in instalments, …

Hong Kong, Shanghai lead losers on mixed day for Asian markets

Mar 10 2025

Shares in Hong Kong and Shanghai sank Monday on a mixed day for Asian markets after data showing Chinese consumer prices …

Texas tech boom: Silicon Valley's southern outpost rises

Mar 10 2025

Held every year in the capital of conservative-leaning Texas, the South by Southwest festival increasingly celebrates …

Opium farming takes root in Myanmar's war-wracked landscape

Mar 10 2025

Scraping opium resin off a seedpod in Myanmar's remote poppy fields, displaced farmer Aung Hla describes the narcotic …

Indonesians seek escape as anger rises over quality of life

Mar 10 2025

Indonesian private tutor Patricia has been learning German for two years, armed with a dream of leaving for Europe and …

Iran says won't negotiate under 'intimidation' as Trump ramps up pressure

Mar 10 2025

Iran said Monday it would not negotiate under "intimidation", after US President Donald Trump sought to ratchet up …

7-Eleven, Couche-Tard explore sell-offs ahead of potential merger

Mar 10 2025

The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with a Canadian rival to …

Japan auctions emergency rice reserves as prices soar

Mar 10 2025

The Japanese government began a rare auction on Monday of its emergency rice stockpiles in a bid to help drive down the …

China-US trade war heats up as Beijing's tariffs take effect

Mar 10 2025

Beijing's tariffs on certain US agricultural goods in retaliation for President Donald Trump's latest hike on Chinese …

Energy industry meets after Trump tears up US green agenda

Mar 10 2025

Top energy industry figures converge on Houston this week for their biggest gathering since Donald Trump returned to the …

7-Eleven to explore sell-offs with Couche-Tard ahead of potential merger

Mar 10 2025

The Japanese owner of 7-Eleven said Monday it had agreed to jointly explore store sell-offs with Alimentation …

Trump declines to rule out 2025 US recession

Mar 10 2025

President Donald Trump declined Sunday to rule out the possibility that the United States might enter a recession this …

Mexico president says 'dialogue prevailed' in Trump tariff dispute

Mar 09 2025

Mexico's President Claudia Sheinbaum credited "dialogue" Sunday for her US counterpart Donald Trump's decision to offer …

After Poland spat, Musk vows Ukraine can keep Starlink

Mar 09 2025

Billionaire industrialist and senior White House advisor Elon Musk vowed Sunday to maintain Ukraine's access to his …

US ends waiver for Iraq to buy Iranian electricity

Mar 09 2025

The United States has ended a sanctions waiver that allowed Iraq to buy electricity from neighboring Iran, in line with …

China-US trade war heats up with Beijing's tariffs to take effect

Mar 09 2025

Trade tensions between the world's two leading economies are set to escalate on Monday, as Beijing begins levying …

US takes rivalry with China to the high seas

Mar 09 2025

The United States may still have the world's most powerful navy but it seems to have realised that this is no longer …

New LIV CEO O'Neil predicts golf will 'open up again'

Mar 09 2025

The new CEO of LIV told AFP the world of golf will eventually "open up again" and the Saudi-bankrolled league has an …

China consumption slump deepens as February prices drop

Mar 09 2025

Consumer prices in China fell last month for the first time in a year, with authorities in the world's second-largest …

US shipbuilders, a shadow of what they were, welcome Trump's support

Mar 09 2025

Shipbuilding has been in steady decline in the US since the end of the Cold War but some in the industry now hope for a …

Nigeria seeks to cash in on soaring cocoa prices

Mar 09 2025

Booming cocoa prices are stirring interest in turning Nigeria into a bigger player in the sector, with hopes of …

'Grieving': US federal workers thrown into uncertain job market

Mar 08 2025

Unprecedented cuts to the US government overseen by President Donald Trump's billionaire advisor Elon Musk are sending …

Trump's tariff rollback brings limited respite as new levies loom

Mar 08 2025

US President Donald Trump imposed vast tariffs this week on key partners Canada and Mexico, roiling cross-border ties …

Trump says dairy, lumber tariffs on Canada may come soon

Mar 07 2025

US President Donald Trump said Friday that he could impose reciprocal tariffs on Canadian dairy and lumber within days …

From critic to investor: Trump welcomes crypto leaders to White House

Mar 07 2025

Donald Trump on Friday doubled down on his embrace of cryptocurrencies as he hosted top industry players at the White …

Global stocks mixed as Trump shifts on tariffs weighs on sentiment

Mar 07 2025

Global stocks were mixed Friday as President Donald Trump's unpredictable tariff tinkering weighed down sentiment even …

US Fed chair flags policy uncertainty, in no rush to adjust rates

Mar 07 2025

US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald Trump's economic …

US hiring misses expectations in February as jobs market faces pressure

Mar 07 2025

The United States added fewer jobs than expected in February and unemployment ticked up, government data showed Friday, …

US Fed chair flags policy uncertainty but in no rush to adjust rates

Mar 07 2025

US Federal Reserve Chair Jerome Powell flagged high uncertainty Friday surrounding President Donald Trump's economic …

Greenland's mining bonanza still a distant promise

Mar 07 2025

Before it could cast its first gold bar, Amaroq had to build a port and housing, repair a road, and ship over equipment …

Cadillac win final approval for F1 place in 2026

Mar 07 2025

Cadillac have received final approval to become the 11th team in Formula One from the 2026 season, motorsport's …

Shares slump on Trump tariffs tinkering, jobs

Mar 07 2025

World stock markets were mired in the red on Friday as investors digested a US jobs report and President Donald Trump's …

Thousands stranded as massive WWII bomb blocks Paris train station

Mar 07 2025

The unearthing of a 500-kilogramme World War II bomb near tracks outside Paris on Friday halted traffic and stranded …

Now a believer, Trump hosts White House crypto summit

Mar 07 2025

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has …

Tears, ruined plans as WWII bomb halts Paris-London trains

Mar 07 2025

From missed funerals to scrambled birthday plans, the travellers caught in the cancellation Friday of Paris-London …

US stock markets rise as investors track Trump tariffs, jobs

Mar 07 2025

US stock markets rose but European shares mostly fell on Friday as investors digested a jobs report and President Donald …

Trump tariffs: What's been done and what is to come?

Mar 07 2025

It was another roller-coaster week in US President Donald Trump's trade war as tariffs against China came into force …

US hiring misses expectations in February, jobs market sees pressure

Mar 07 2025

The United States added fewer jobs than expected in February and the unemployment rate ticked up, government data showed …

Australian casino firm strikes deal to avoid liquidity crunch

Mar 07 2025

Australian casino operator Star Entertainment said Friday it has reached an agreement to sell its stake in a major …

Thousands stranded as WWII bomb paralyses Paris train station

Mar 07 2025

The unearthing of a 500-kilogram World War II bomb near tracks outside Paris on Friday halted traffic and stranded …

Stock markets, bitcoin down as Trump policies roil markets

Mar 07 2025

Global stock markets tumbled and the dollar retreated Friday as uncertainty over US President Donald Trump's trade …

Japan, Britain stress free trade in Tokyo talks

Mar 07 2025

Britain and Japan stressed the importance of free trade in talks in Tokyo on Friday amid an escalating battle of …

Sri Lanka signs $2.5b debt deal with Japan

Mar 07 2025

Sri Lanka signed a deal with Japan Friday to restructure $2.5 billion in loans, marking the first agreement with …

Asian stocks, bitcoin down as trade uncertainty roils markets

Mar 07 2025

Asian stocks tumbled Friday following a tough day on Wall Street as uncertainty over US President Donald Trump's trade …

China tariffs aimed at Trump fan base, but leave wiggle room

Mar 07 2025

China's retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, …