Business and Economy



Nvidia showcases new tech at AI 'Super Bowl'

AFP - 34m ago

Nvidia chief Jensen Huang on Tuesday showcased cutting-edge chips for artificial intelligence and new applications for …

Leap of faith for Ubisoft with 'Assassin's Creed' set in Japan

AFP - 3h ago

Packing familiar formulas into an all-new Japanese setting, "Assassin's Creed Shadows" is the latest big-budget game …

Geopolitical tensions buffet markets

AFP - 3h ago

Global stocks diverged while gold hit a record high on Tuesday as investors juggled geopolitical concerns with renewed …

Germany's Siemens to cut over 6,000 jobs worldwide

AFP - 4h ago

German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and …

Bessent says nations may avoid US reciprocal tariffs by halting unfair barriers

AFP - 5h ago

US Treasury Secretary Scott Bessent on Tuesday said Washington could hold off reciprocal tariffs for countries that halt …

Belgian brewers rush to ship to US before Trump tariffs

AFP - 1h ago

Workers at a Belgian brewer stack bottles and kegs sky high as they rush to fill containers for shipment to the United …

Google says to buy cybersecurity company Wiz for $32 bn

AFP - 6h ago

Google said Tuesday it will acquire cloud security platform Wiz for $32 billion, citing the need for greater …

European stocks advance before German spending vote

AFP - 2h ago

European stocks rose on Tuesday as investors prepared for Germany's lawmakers to vote on a massive spending boost for …

China EV giant BYD soars after 5-minute charging platform unveiled

AFP - 8h ago

Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can …

Markets track Wall St gains as tech inspires Hong Kong

AFP - 2h ago

Asian and European equity markets rallied on Tuesday following another positive day on Wall Street stoked by US data …

Hong Kong leader says concerns over Panama ports deal warrant 'attention'

AFP - 12h ago

Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports …

Asian markets track Wall St gains as tech inspires Hong Kong

AFP - 58m ago

Asian markets rallied on Tuesday following another positive day on Wall Street stoked by US data that eased recession …

Historic fantasy 'Assassin's Creed' sparks bitter battles

AFP - 6h ago

The "Assassin's Creed" series of video games is adored for painstaking historic accuracy, but also sparks controversy …

Colombian influencer puts the pizzazz into recycling

AFP - 14h ago

Colombian influencer Sara Samaniego braids her long straight hair, checks her make-up in a mirror, places her phone in …

Nvidia showcases AI chips as it shrugs off DeepSeek

AFP - 3h ago

Nvidia chief Jensen Huang is expected to showcase cutting-edge chips for artificial intelligence (AI) and quantum …

Starbucks ordered to pay $50m for hot tea spill

AFP - 14h ago

Starbucks has been ordered to pay $50 million to a customer who was burned when hot tea spilled on his lap at a …

Trump taps Michelle Bowman to be US Fed vice chair for supervision

AFP - 19h ago

US President Donald Trump on Monday picked Michelle Bowman to be the Federal Reserve's next vice chair for supervision, …

Talks on divisive deep-sea mining resume in Jamaica

Mar 17 2025

Several countries united with campaign groups Monday to call for caution in regulating the divisive practice of deep-sea …

China stimulus hopes help stock markets rise

Mar 17 2025

Global stock markets started the week on the front foot on Monday as investors welcomed China's plans to kickstart …

Peruvian farmer demands 'climate justice' from German energy giant

Mar 17 2025

A Peruvian farmer taking a German energy giant to court said Monday he is battling for "climate justice" and wants the …

New blow to German auto sector as Audi announces job cuts

Mar 17 2025

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the …

Hong Kong property tycoon Lee Shau-kee dies aged 97

Mar 17 2025

Hong Kong's second-richest man Lee Shau-kee has died aged 97, the property tycoon's firm Henderson Land Development …

'More and faster': UN calls to shrink buildings' carbon footprint

Mar 17 2025

Countries must move rapidly to slash CO2 emissions from homes, offices, shops and other buildings -- a sector that …

Stock markets rise as China unveils consumer plan

Mar 17 2025

Global stock markets started the week on the front foot on Monday as investors welcomed China's plans to kickstart …

US retail sales weaker than expected as consumer health under scrutiny

Mar 17 2025

US retail sales logged smaller gains than expected in February according to government data released Monday, edging up …

Court upholds £3 bn lifeline for UK's top water supplier

Mar 17 2025

A UK court on Monday upheld an emergency loan granted to Thames Water, allowing Britain's largest such supplier to keep …

OECD lowers global growth projections over tariffs, uncertainty

Mar 17 2025

Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic …

Designer Jonathan Anderson leaves Spanish brand Loewe

Mar 17 2025

British designer Jonathan Anderson has left Spanish brand Loewe after more than a decade at the helm, owner LVMH …

From determination to despair: S.Africa's youth battling for work

Mar 17 2025

In a corner of his mother’s backyard, 30-year-old Thabang Moshoke runs a clipper through a client's hair at a makeshift …

Markets start week on front foot as China unveils consumer plan

Mar 17 2025

Markets rose on Monday as investors welcomed Chinese plans to kickstart consumption in the world's number two economy, …

Asian markets start week on front foot as China unveils consumer plan

Mar 17 2025

Asian markets rose on Monday as investors welcomed Chinese plans to kickstart consumption in the world's number two …

Data shows patchy Chinese economy in first two months of the year

Mar 17 2025

China's economy charted an uneven trajectory in the first two months of the year, a slew of key indicators showed …

'Dark oxygen': a deep-sea discovery that has split scientists

Mar 17 2025

Could lumpy metallic rocks in the deepest, darkest reaches of the ocean be making oxygen in the absence of sunlight?

Race to name creatures of the deep as mining interest grows

Mar 17 2025

In the cold, lightless Pacific Ocean deep, the seabed is scattered with metal-rich rocks coveted by miners -- and huge …

Wind-powered mast to cut emissions sets sail to Canada

Mar 17 2025

A pioneering rigid shipping mast has set off on its first journey, harnessing the wind to propel a cargo ship from …

Giant mine machine swallowing up Senegal's fertile coast

Mar 17 2025

Like something from the science fiction film "Dune", the "world's biggest mining dredger" has been swallowing acre after …

China's Baidu releases new AI model to compete with DeepSeek

Mar 16 2025

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI …

China's Baidu releases new, free AI model to compete with DeepSeek

Mar 16 2025

Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI …

Rare iconic movie posters to be auctioned in US

Mar 16 2025

Dozens of rare posters from some of the 20th century's most iconic films will go under the hammer this month as an …

US Fed likely to keep rates steady as Trump uncertainty flares

Mar 16 2025

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading …

Carbon capture industry tweaks message for the Trump era

Mar 16 2025

Backers of carbon capture and storage are emphasizing compatibility with President Trump's energy development goals as …

'Impossible': US breweries buffeted by Trump tariffs

Mar 16 2025

For US craft brewer Bill Butcher, President Donald Trump's expanding range of tariffs have sparked an unexpected impact …

Hong Kong's Hutchison under fire again for Panama ports deal

Mar 16 2025

Hong Kong conglomerate CK Hutchison is under renewed pressure from Beijing after selling its Panama Canal ports, with …

Trump's bitcoin reserve a 'digital Fort Knox'

Mar 16 2025

The creation of a "Strategic Bitcoin Reserve" in the United States is further proof of President Donald Trump's support …

Shein says US tariff hit won't stop fast-fashion flood

Mar 15 2025

Tariffs imposed by the Trump administration will not eject fast-fashion juggernaut Shein from the US market, its …

Latest power outage leaves Cubans struggling to get by

Mar 15 2025

Most Cubans were without power for a second day Saturday, but as in the three earlier major outages of the past half …

Telegram founder Durov allowed to temporarily leave France

Mar 15 2025

Telegram founder Pavel Durov has been allowed to temporarily leave France, where he is charged with multiple infractions …

France launches manslaughter probe against TotalEnergies over Mozambique attack

Mar 15 2025

French prosecutors said Saturday they had opened a manslaughter investigation against energy giant TotalEnergies …

Armed groups covet cocoa in eastern DR Congo

Mar 15 2025

Despite the risks from deadly armed groups roaming the countryside, Judith Kahindo walks alone every day to her isolated …

Cuba suffers fourth nationwide blackout in five months

Mar 15 2025

Cuba suffered a general blackout on Friday caused by a crash of its national electricity grid, officials said, the …

Gold tops $3,000 for first time on Trump tariff war, stocks rebound

Mar 14 2025

Gold rose above $3,000 for the first time Friday as President Donald Trump's trade wars boosted demand for safe-haven …

Putin, Maduro vow to boost ties in wake of Trump sanctions

Mar 14 2025

The presidents of Russia and Venezuela announced plans to increase energy cooperation on Friday after Washington ordered …

Trump's champagne threat brings fear and denial to French region

Mar 14 2025

US President Donald Trump's threat of 200-percent tariffs on wine, champagne and other alcoholic drinks from EU …

DeepSeek dims shine of AI stars

Mar 14 2025

China-based DeepSeek shook up the world of generative artificial intelligence (GenAI) early this year with a low-cost …

Gold tops $3,000 for first time on Trump tariff threats; stocks rebound

Mar 14 2025

Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boosted demand for the …

Gold tops $3,000 for first time on Trump tariff threats

Mar 14 2025

Gold surpassed $3,000 for the first time Friday as US President Donald Trump's trade wars boost the safe-haven asset, …

UniCredit gets ECB nod on Commerzbank stake, but delays merger decision

Mar 14 2025

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to up its stake in …

BMW expects big hit from tariffs after 2024 profits plunge

Mar 14 2025

German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and …

French finance minister calls trade war 'idiotic', plans US trip

Mar 14 2025

France's Finance Minister Eric Lombard called the escalating US-EU trade war "idiotic" on Friday and said he would soon …

Taiwan tech giant Foxconn's 2024 profit misses forecasts

Mar 14 2025

Taiwanese tech giant Foxconn reported on Friday a lower-than-expected net profit for 2024 as consumer electronic gadgets …

UK economy unexpectedly shrinks in January in blow to govt

Mar 14 2025

Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour …

UniCredit gets ECB nod for Commerzbank stake

Mar 14 2025

Italian banking giant UniCredit said Friday it had secured approval from the European Central Bank to buy up to 29.9 …

BMW warns on tariffs, China as 2024 profits plunge

Mar 14 2025

German premium carmaker BMW warned Friday of continued challenges in 2025 from trade tensions and weak demand in China …

Most Asian markets rise on hopes for bill to avert US shutdown

Mar 14 2025

Asian investors fought Friday to grind out gains at the end of a painful week for markets as they welcomed signs that US …

East DR Congo mines mint Rwanda-backed M23's fortune

Mar 14 2025

Mine shafts snake under the eastern Democratic Republic of Congo's mountains, but instead of the Congolese government …

Meta tests 'Community Notes' to replace fact-checkers

Mar 14 2025

Social media giant Meta on Thursday announced it would begin testing its new "Community Notes" feature across its …

Canada rallies against Russian 'aggression' as new US tone splits G7

Mar 14 2025

Canada called Thursday on the Group of Seven powers to back Ukraine against Russia's "aggression" as US President Donald …

EU parliament roiled by graft probe linked to China's Huawei

Mar 14 2025

A new graft scandal rocked the European Parliament after police carried out raids Thursday in Belgium and Portugal, …

All eyes on Democrats as US barrels toward shutdown deadline

Mar 14 2025

The US government, already shaken by Donald Trump's radical reforms, could begin shutting down entirely this weekend as …

Trump threatens huge tariffs on European wine, spirits

Mar 14 2025

US President Donald Trump on Thursday threatened to impose 200 percent tariffs on wine, champagne and other alcoholic …

Panama 'firm' on canal as US reportedly weighs options

Mar 14 2025

Panama's government said Thursday it would remain "firm" in defending its sovereignty and the Panama Canal, after a …

Stock markets tumble as Trump targets booze

Mar 13 2025

Global stock markets slid on Thursday, especially on Wall Street, as US President Donald Trump launched a new volley in …

Trump tariff threat leaves sour taste for European drinks producers

Mar 13 2025

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling …

Trump threatens huge tariffs on European wine, other alcohol

Mar 13 2025

US President Donald Trump on Thursday threatened to impose 200 percent tariffs on wine, champagne and other alcoholic …

Georgian designer Demna leaves Balenciaga for Gucci

Mar 13 2025

Georgian designer Demna is leaving Balenciaga after a decade to become artistic director of Gucci, the French parent …

Brazil mine disaster trial ends with claimants hopeful of justice

Mar 13 2025

A trial to decide Australian mining giant BHP's liability for one of Brazil's worst environmental disasters concluded in …

UK salvage teams board North Sea crash vessels

Mar 13 2025

Salvage teams have boarded the two vessels involved in a crash that sparked a massive blaze in the North Sea, the UK …

Stock markets find little cheer as Trump targets champagne

Mar 13 2025

Global stock markets slid on Thursday as US President Donald Trump launched a new volley in his trade war, while gold …

EU 'open for negotiations' after latest Trump tariff threat

Mar 13 2025

The European Union is ready to negotiate with the United States over escalating tariffs between the two economic …

End of era as Donatella Versace gives up creative reins of Italian brand

Mar 13 2025

Donatella Versace is giving up the creative reins of luxury fashion label Versace after nearly three decades, it was …

Sweden to hold talks on countering soaring food costs

Mar 13 2025

Sweden's government said Thursday it will hold talks with food producers and distributers as a consumer movement over …

Germany's Merz urges MPs to back spending bonanza in fiery debate

Mar 13 2025

Germany's likely next leader Friedrich Merz said Thursday urgent action was needed to boost the country's …

EU, US eye greater energy ties amid Trump frictions

Mar 13 2025

European and US policy makers are eyeing deeper ties around natural gas even as trade conflict boils and President …

UK police extend North Sea crash captain's detention

Mar 13 2025

The captain of a cargo ship that struck a tanker and sparked a massive blaze in the North Sea will be held in custody …

Donatella Versace to give up creative reins of brand after 28 years

Mar 13 2025

Donatella Versace will end nearly 30 years as creative director of fashion label Versace, handing the reins of the …

New corruption scandal roils EU parliament

Mar 13 2025

A new graft scandal rocked the European Parliament on Thursday after police carried out several raids in Belgium and …

Rubio meets Canadian FM as Ukraine, trade war dominate G7

Mar 13 2025

US Secretary of State Marco Rubio met his Canadian counterpart Thursday as part of the highest-level US visit to …

Trump threatens 200% tariff on wine, champagne from France, other EU countries

Mar 13 2025

US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic …

French lawmakers pressure government to seize Russian assets

Mar 13 2025

French lawmakers on Wednesday adopted a resolution urging France and allies to provide more support for Ukraine, …

Kyrgyzstan, Tajikistan sign border deal to boost regional stability

Mar 13 2025

Kyrgyzstan and Tajikistan signed on Thursday a border agreement seen as key for the stability of Central Asia, a move …

Belgium carries out raids in EU parliament corruption probe

Mar 13 2025

Belgian police on Thursday raided several addresses in the country as part of a probe into alleged corruption "under the …

Stock markets diverge tracking global tensions

Mar 13 2025

European stock markets rose Thursday after losses in Asia and a mixed showing on Wall Street, as concerns about the …

Iraq says seeking alternatives to Iran gas

Mar 13 2025

Iraq is exploring alternatives to Iranian gas imports, including options in the Gulf, a government official said, as it …

Food app Deliveroo delivers first annual profit

Mar 13 2025

Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old …

Stocks hit as trade worries overshadow upbeat US inflation

Mar 13 2025

Most stock markets fell on Thursday as ongoing concerns about the global impact of President Donald Trump's trade war …

Doubts over climate funding as donors squeeze aid

Mar 13 2025

There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign …

Games industry still a hostile environment for many women

Mar 13 2025

Five years on from a first wave of harassment scandals that rocked the world of gaming, multiple women working in the …

Asian stocks hit as trade worries overshadow upbeat US inflation

Mar 13 2025

Asian markets fell Thursday as ongoing concerns about the global impact of President Donald Trump's trade war …

Couche-Tard bosses make case in Tokyo for 7-Eleven buyout

Mar 13 2025

The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a …

Ukraine ceasefire bid, trade war to dominate as G7 diplomats meet

Mar 13 2025

US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of …

Asian stocks wobble as US inflation fails to ease trade worries

Mar 13 2025

Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation …

Trump's Canada fixation: an expansionist dream

Mar 13 2025

A savvy negotiating tactic? A wild fantasy? A greed for natural resources?