Business and Tech

ABB to pay $315 mn to settle US charges over South Africa bribes

AFP - 2h ago

Swedish-Swiss industrial company ABB agreed to pay $315 million to settle US criminal charges that it bribed state-owned …

G7, EU agree oil price cap to reduce Russia war funding

AFP - 2h ago

The G7 and EU on Friday agreed a $60-per-barrel price cap on Russian oil in an attempt to deny the Kremlin of war …

US hoax trials spotlight misinformation profiteer

AFP - 3h ago

American radio host Alex Jones reaped millions spouting conspiracy-laden falsehoods that helped drive up sales of …

Global stocks mixed after strong US jobs data

Dec 02 2022

Stock markets were mixed Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to …

OPEC set to stick or cut more amid plan to cap Russian oil price

Dec 02 2022

Major oil producers are expected to stick to their current output strategy or even slash production further when they …

Top French central banker in corruption probe

Dec 02 2022

French prosecutors said Friday that they had opened a corruption investigation into top central banker Sylvie Goulard, …

Biden signs emergency law forcing US rail unions to accept wages deal

Dec 02 2022

US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a …

Austria must continue to cut Russian gas reliance: OMV CEO

Dec 02 2022

Austria has cut its dependence on Russian gas but it must keep up efforts to diversify its supplies for the next cold …

EU strikes oil price cap deal to starve Russia war machine of funds

Dec 02 2022

The EU on Friday joined the G7 in agreeing a cap on the price of Russian oil to starve the Kremlin of resources for its …

TotalEnergies cuts North Sea investment over UK windfall tax

Dec 02 2022

French company TotalEnergies will cut North Sea oil and gas investment by 25 percent next year after the UK government …

EU agrees to impose price cap on Russian crude

Dec 02 2022

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on Russian oil, the Polish ambassador …

EU strikes deal on oil price cap to starve Russia's war machine

Dec 02 2022

The EU on Friday joined the G7 in agreeing a cap on the price of Russian oil to starve the Kremlin of resources for its …

EU cap on Russian oil price on hold as Poland urges lower price

Dec 02 2022

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on Russian oil, the Polish ambassador …

Stocks fall after strong US jobs data

Dec 02 2022

Stock markets stumbled on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to …

US hiring tops expectations in November as wages pick up

Dec 02 2022

US job gains were unexpectedly robust in November despite efforts to cool the economy, while unemployment held steady …

Biden signs emergency law forcing rail unions to accept wages deal

Dec 02 2022

US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a …

European gas pipe dreams become reality in eastern France

Dec 02 2022

Underneath the lush countryside in eastern France lie the pipelines expected to rescue Europe before a winter without …

Musk's free speech absolutism 'a fantasy'

Dec 02 2022

The limits of Elon Musk's self-professed "free speech absolutism" were laid bare, critics said, by his decision to ban …

Energy crisis driving climate-friendly power savings: IEA

Dec 02 2022

Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" …

Putin says strikes on Ukraine infrastructure 'inevitable'

Dec 02 2022

President Vladimir Putin said on Friday Russia's strikes on Ukrainian infrastructure were "inevitable" as the Kremlin …

UK ex-finance minister joins exodus of Tory MPs

Dec 02 2022

Britain's former finance minister Sajid Javid on Friday said he would not be standing at the next election, as the …

European stocks, oil steady before US jobs data and OPEC

Dec 02 2022

European stock markets and oil prices steadied Friday before key US jobs data and an oil output decision by OPEC and its …

China further relaxes Covid rules after protests

Dec 02 2022

Cities across China further unwound Covid restrictions Friday, loosening testing and quarantine rules in the wake of …

Equities slow after gains on Fed rate optimism

AFP - 24m ago

Stocks diverged Thursday after Federal Reserve boss Jerome Powell signalled a moderation in interest rate hikes, as …

SpaceX again postpones Japanese moon lander launch

AFP - 2h ago

SpaceX on Wednesday postponed the launch of the world's first private lander to the Moon, a mission undertaken by …

Key US inflation index ticks down in October: official data

AFP - 2h ago

A closely-watched measure of US inflation edged down in October, government data showed Thursday, with costs of goods …

World equities extend gains on Fed rate optimism

AFP - 2h ago

Global stocks mostly rose Thursday as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, …

Brexit ramps up UK food bills by £6 bn: study

AFP - 3h ago

Britain's exit from the European Union added almost £6 billion to consumers' food bills, hitting the poor the hardest …

Disasters cost $268 billion in 2022: Swiss Re

AFP - 4h ago

Natural and man-made catastrophes have caused $268 billion of economic losses so far in 2022, chiefly driven by …

Engineering giant to repay S.Africa over 'criminal conduct' at utility

AFP - 6h ago

Swedish-Swiss engineering giant ABB, which helped construct a huge power plant near Johannesburg, will pay reparations …

Eurozone unemployment drops to record low

AFP - 6h ago

Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office …

Musk vows interface implants in human brains within six months

AFP - 8h ago

Tech billionaire Elon Musk said on Wednesday one of his companies would in six months be able to implant a device into a …

Asia extends stocks rally as dollar drops on Fed rate optimism

AFP - 3h ago

Asian stocks extended a global rally Thursday and the dollar sank after Federal Reserve boss Jerome Powell flagged a …

El Salvador journalists sue NSO Group in US over alleged Pegasus attacks

AFP - 10h ago

Salvadoran digital newspaper El Faro's employees filed a lawsuit in a US federal court on Wednesday against NSO Group, …

Spiking costs, fading snow squeeze Austrian ski resorts

AFP - 11h ago

One of Austria's top ski resorts is making as much artificial snow as possible to lay a thick base on the slopes before …

Tesla hoping electric 'Semi' will shake up heavy duty market

AFP - 12h ago

After years of delays, US automaker Tesla is expected on Thursday to deliver its first battery-powered semi truck, with …

Asian stocks extend global rally as dollar drops on Fed rate hope

AFP - 1h ago

Asian stocks extended a global rally Thursday and the dollar sank after Federal Reserve boss Jerome Powell flagged a …

Musk says Twitter clash with Apple a 'misunderstanding'

AFP - 14h ago

Twitter owner Elon Musk said he met with Apple chief Tim Cook on Wednesday and "resolved the misunderstanding" that …

Asian stocks join global rally and dollar drops on Fed rate joy

AFP - 2h ago

Asian stocks extended a global rally Thursday and the dollar fell after Federal Reserve boss Jerome Powell flagged a …

Hackers dump Australian health data online, declare 'case closed'

AFP - 12h ago

The hackers leaking stolen Australian health records to the dark web on Thursday appeared to end their extortion attempt …

Bankman-Fried apologizes, says didn't 'try to commit fraud'

AFP - 17h ago

Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a "lot of mistakes" in the abrupt collapse of the …

Macron blasts Biden subsidies at start of US state visit

AFP - 6h ago

France's President Emmanuel Macron fired a volley at his American hosts on the first day of a rare state visit to …

Asian stocks join global rally and dollar drops on Fed rate joy

AFP - 7m ago

Asian stocks extended a global rally Thursday and the dollar fell after Federal Reserve boss Jerome Powell flagged a …

Musk says Twitter clash with Apple a 'misunderstanding'

AFP - 13m ago

Twitter owner Elon Musk said he met with Apple chief Tim Cook on Wednesday and "resolved the misunderstanding" that …

Hackers dump Australian health data online, declare 'case closed'

Dec 01 2022

The hackers leaking stolen Australian health records to the dark web on Thursday appeared to end their extortion attempt …

Bankman-Fried apologizes, says didn't 'try to commit fraud'

Dec 01 2022

Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a "lot of mistakes" in the abrupt collapse of the …

Macron blasts Biden subsidies at start of US state visit

Dec 01 2022

France's President Emmanuel Macron fired a volley at his American hosts on the first day of a rare state visit to …

US House approves bill to avert freight rail strike

AFP - 4h ago

Lawmakers in the US House of Representatives voted Wednesday to prevent a potentially catastrophic freight rail strike, …

Germany, Norway seek NATO-led hub for key undersea structures

AFP - 5h ago

Germany and Norway want to start a NATO-led alliance to protect critical underwater infrastructure, their leaders said …

US stocks rally, dollar retreats as Powell shifts tone on rate hikes

AFP - 5h ago

Wall Street stocks soared and the dollar fell Wednesday after Federal Reserve Chair Jerome Powell signaled a shift from …

US rate hikes could slow 'as soon as' December: Fed chair

AFP - 7h ago

The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said …

Airbus pays 15.9 mn euros to close French corruption probe

AFP - 9h ago

A French judge on Wednesday allowed European aerospace firm Airbus to pay 15.9 million euros ($16.4 million) to avoid a …

Stocks diverge ahead of next Fed rate signal

AFP - 5h ago

Stock markets fluctuated on Wednesday as eurozone inflation slowed for the first time in 17 months and investors awaited …

China has room for further 'recalibration' of zero-Covid policy: IMF

AFP - 1h ago

China has room to adjust its strict zero-Covid policy, the IMF said Wednesday, while underlining that the country's …

UK unions announce ambulance strike as stoppages widen

AFP - 10h ago

Britain's government on Wednesday rejected union pay demands after ambulance workers joined nurses in voting to go on …

HSBC shuts more UK branches as banking goes online

AFP - 11h ago

HSBC on Wednesday announced plans to permanently shut more than a quarter of its remaining bank branches in the UK as …

German gas giant takes Gazprom to court over supply halts

AFP - 11h ago

German energy giant Uniper said Wednesday it was taking Gazprom to an international tribunal over the Russian company's …

EU commission recommends funding freeze for Hungary

AFP - 11h ago

The European Commission recommended on Wednesday that 13 billion euros ($13 billion) in EU funds for Hungary be frozen …

Eurozone inflation falls for first time in 17 months

AFP - 12h ago

The eurozone annual inflation rate fell for the first time in 17 months in November as it slowed to 10 percent, official …

UK finance sector needs greater social mobility: study

AFP - 12h ago

Britain's financial and professional services sector must boost socio-economic diversity in boardrooms, helping to …

US private hiring eases more than expected in November: survey

AFP - 13h ago

US employers eased their hiring pace in November, with job creation slowing the most since early 2021, as the central …

H&M to cut 1,500 jobs worldwide

AFP - 13h ago

Swedish fashion retailer H&M said Wednesday it would cut some 1,500 jobs worldwide as a result of a cost-cutting …

Losses deepen at crisis-hit SAS airline

AFP - 10h ago

Troubled Scandinavian airline SAS, which has filed for bankruptcy in the United States, reported Wednesday deeper losses …

Kenya's Ruto launches flagship credit scheme for poor

AFP - 13h ago

Kenyan President William Ruto on Wednesday launched a low-interest credit scheme to boost financial access for the …

IMF may have to lower China growth forecasts: director

AFP - 1h ago

The International Monetary Fund may have to slash its growth forecasts for China, managing director Kristalina Georgieva …

HSBC bank sells Canadian ops for over US$10 bn

AFP - 1h ago

HSBC has agreed to sell its Canadian division to Royal Bank of Canada for US$10.1 billion, the Asia-focused banking …

German inflation unexpectedly slows in November

AFP - 1h ago

German inflation unexpectedly slowed in November after months of increases, preliminary data showed Tuesday, as sky-high …

Trade tensions overshadow Macron's showy White House visit

AFP - 2h ago

French President Emmanuel Macron was set to arrive in Washington Tuesday for a rare state visit hosted by Joe Biden, but …

Stocks diverge as investors caught between hope, caution

AFP - 4h ago

Stocks diverged Tuesday after big rallies in Asian markets failed to trigger a similar reaction in Europe and on Wall …

UK removes China from Sizewell nuclear project, takes joint stake

AFP - 5h ago

Britain on Tuesday removed China General Nuclear from construction of its new Sizewell C power station, announcing it …

Macron courts Central Asian strongmen in quest for influence

AFP - 4h ago

French President Emmanuel Macron is making an eye-catching drive to strengthen partnerships with Central Asian states, …

Stocks, crude rise on hope China will ease strict Covid measures

AFP - 2h ago

Stocks and oil prices rebounded strongly Tuesday, while the haven dollar weakened, on speculation that China would …

China warns of 'crackdown' after major protests

AFP - 6h ago

China's top security body called for a "crackdown" against "hostile forces" on Tuesday, after a weekend of protests in …

Uranium-rich Niger struggles despite nuclear resurgence

AFP - 5h ago

Prospects for the world's nuclear industry have been boosted by the war in Ukraine and mounting hostility towards …

Ecuador's ex-VP freed from jail after graft sentence

AFP - 7h ago

Ecuador's former vice president Jorge Glas has been released from prison after serving time for corruption in a vast …

China police out in force after anti-lockdown protests

AFP - 2h ago

Security services were out in force across China's major cities Tuesday, which for the time being appeared to have …

Qatar announces first major gas deal for Germany

AFP - 9h ago

Qatar on Tuesday announced its first major deal to send liquefied natural gas to Germany as Europe scrambles to find …

Stocks, crude rise on hope China eases strict Covid measures

AFP - 2h ago

Stock markets and oil prices rebounded strongly Tuesday, while the haven dollar weakened, on speculation that China …

UK ousts China from new nuclear project Sizewell

AFP - 4h ago

Britain on Tuesday ousted China General Nuclear from construction of its new Sizewell C power station, further cutting …

EasyJet flies into third straight annual loss

AFP - 10h ago

British airline EasyJet on Tuesday confirmed a third annual loss in a row, which was however far less than during the …

All regions experienced water extremes in 2021: UN

AFP - 11h ago

All regions of the world saw water extremes last year -- both floods and droughts -- and billions of people had …

Chinese cities under heavy policing after protests

AFP - 3h ago

China's major cities of Beijing and Shanghai were blanketed with security on Tuesday in the wake of nationwide rallies …

Putin ally Kudrin steps down from audit chamber

AFP - 12h ago

A longtime ally of Russian President Vladimir Putin, Alexei Kudrin, stepped down Tuesday as the head of the country's …

Stocks, crude rise as China fears give way to Covid easing hopes

AFP - 3h ago

Equities rose with oil prices and the dollar weakened Tuesday as China avoided another night of protests after a weekend …

Most markets rise as China fears give way to Covid easing hopes

AFP - 1h ago

Asian equities rose and the dollar weakened Tuesday as China avoided another night of protests after a weekend of …

China cities under heavy policing after protests

AFP - 2h ago

China's major cities of Beijing and Shanghai were blanketed with security on Tuesday in the wake of nationwide rallies …

Lights go out on Hungary stadiums, theatres as energy crisis bites

AFP - 15h ago

Rocketing energy bills are forcing Hungary to shutter libraries, theatres, swimming pools and even its new football …

Asian markets mostly rise after calm night in China

AFP - 3h ago

Asian equities rose and the dollar weakened Tuesday as China avoided another night of protests after a weekend of unrest …

Twitter owner Musk signals new 'war' against Apple

AFP - 19h ago

Twitter owner Elon Musk on Monday opened fire against Apple over its tight control of what is allowed on the App Store, …

Congress must step in to prevent 'devastating' US rail strike: Biden

Nov 28 2022

US President Joe Biden on Monday called on Congress to intervene urgently to prevent a strike by railroad workers that …

Five key decisions at global wildlife summit

AFP - 2h ago

A global wildlife summit that ends Friday passed resolutions to protect hundreds of threatened species, including …

Macron to raise US subsidies in talks with Biden next week

AFP - 2h ago

French President Emmanuel Macron will raise concerns about the effects of American industrial subsidies and tax breaks …

Stocks mixed as China Covid spike offsets rosier US rate outlook

AFP - 3h ago

Stock markets were mixed Friday, as fresh Covid lockdown fears in China offset hopes that the Federal Reserve would …

Inflation clouds 'Black Friday' kickoff of US holiday shopping season

AFP - 4h ago

US retailers unveiled a trove of fresh promotions Friday, as they try to coax sales from reticent shoppers whose holiday …

Meta calls for UK govt rethink over plans to scrap EU laws

AFP - 6h ago

Facebook owner Meta is urging UK lawmakers considering legislation to scrap all retained European Union laws by 2024 to …

Twitter aims to diversify beyond advertising, but can it be done?

AFP - 6h ago

Is it a pipe dream or a possibility? Elon Musk wants to meaningfully diversify Twitter’s revenue stream beyond …

Carrefour still sells beef tied to Brazil deforestation: NGO

AFP - 8h ago

French retail giant Carrefour is still selling Brazilian beef products linked to destruction of the Amazon rainforest …

India's Adani defends media bid after press freedom fears

AFP - 11h ago

Indian tycoon Gautam Adani said Friday that media should have the "courage" to support the government when warranted, …

Musk announces gold, gray and blue badges for Twitter accounts

AFP - 11h ago

Twitter's billionaire owner Elon Musk announced Friday that the platform would be launching differently colored badges …

Nurses join other striking UK staff in two December walkouts

AFP - 12h ago

Nurses across most of Britain will hold the first strikes in their union's 106-year history next month, joining a host …

China's 'iPhone city' under Covid lockdown after violent clashes

AFP - 13h ago

Six million people were on Friday under Covid lockdown in a Chinese city home to the world's largest iPhone factory, …

South Korean capital launches self-driving bus experiment

AFP - 14h ago

South Korea's capital launched its first self-driving bus route on Friday, part of an experiment which engineers said …

Markets mixed as easing Fed fears tempered by China Covid spike

AFP - 3h ago

Asian markets were mixed on Friday at the end of a week in which hopes that the Fed will tone down its monetary …

Asian markets mixed as easing Fed fears tempered by China Covid spike

AFP - 1h ago

Asian markets were mixed on Friday at the end of a week in which hopes that the Fed will tone down its monetary …

Asian markets mixed as easing Fed fears tempered by China Covid

AFP - 4h ago

Asian markets were mixed Friday at the end of a week that has seen hopes the Federal Reserve will tone down its monetary …

Grinding inflation clouds 'Black Friday' shopping bonanza

AFP - 22h ago

Retailers braced for their biggest test of the year: Will US consumers open their wallets wide for the Black Friday …

Musk announces 'amnesty' for banned Twitter accounts after poll

AFP - 22h ago

Elon Musk said Thursday many previously suspended Twitter accounts would be allowed back on the platform after a …

Musk poll shows respondents want to reinstate suspended Twitter accounts

Nov 24 2022

A landslide of Twitter users responding to an informal poll by new owner Elon Musk voted in favor of a general amnesty …

EU frets over Twitter job losses as hate speech grows

Nov 24 2022

The European Union on Thursday expressed concern about layoffs at Twitter since its takeover by Elon Musk, after the …

EU fails to agree gas price cap amid deep divisions

Nov 24 2022

EU energy ministers failed Thursday to agree a cap on gas prices to mitigate the energy crunch in Europe, amid deep …

Stocks rise, dollar slips as Fed signals softer rate hike pace

Nov 24 2022

Stock markets mostly rose Thursday and the dollar largely weakened after minutes from the Federal Reserve's latest …

Struggling Ghana plans tax rise, debt swap to secure IMF aid

Nov 24 2022

Ghana's finance minister, Kenneth Ofori-Atta, presented the 2023 budget to parliament on Thursday, hiking tax and …

Emperor Charles V's secret code cracked after five centuries

Nov 24 2022

A team of researchers has cracked a five century-old code which reveals a rumoured French plot to kill the Holy Roman …

China iPhone factory workers take the money and leave after protests

Nov 24 2022

Employees are leaving a vast Foxconn iPhone factory in central China over working conditions and Covid restrictions, …

Gas price cap divides EU energy ministers' meeting

Nov 24 2022

EU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were divided over a gas …

UK-led police operation busts phone scammers who targeted millions

Nov 24 2022

UK police on Thursday said their biggest ever counter-fraud operation had disrupted an international criminal network …

Journalists have much to lose if Twitter dies

Nov 24 2022

Few will lose as much as journalists if Twitter dies, having grown reliant on its endless sources and instant updates …

UK police lift lid on largest ever counter-fraud operation

Nov 24 2022

UK police on Thursday said their biggest ever counter-fraud operation had disrupted an international criminal network …

UK retailer Boohoo denies 'slave' labour claims

Nov 24 2022

British online fashion retailer Boohoo on Wednesday denied allegations that staff in a UK warehouse worked in harrowing …

Musk floats 'general amnesty' of suspended Twitter accounts

Nov 24 2022

New Twitter owner Elon Musk on Wednesday polled users on whether the site should offer a general amnesty to suspended …

Walmart manager kills six in latest US mass shooting

Nov 23 2022

A 31-year-old overnight manager at Walmart shot and killed six people at a store bustling with Thanksgiving holiday …

Fed minutes extend rally in US stocks as dollar retreats

Nov 23 2022

Wall Street stocks rose again Wednesday following Federal Reserve minutes signaling a moderation in its aggressive …

Most Fed officials say slower rate hike pace appropriate 'soon'

Nov 23 2022

A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would "likely soon be …

Gucci parts ways with star designer Michele

Nov 23 2022

Italian designer Alessandro Michele on Wednesday left Gucci, where he has overseen a surge in sales at the fashion …

Musk sets Twitter poll for 'general amnesty' of suspended accounts

Nov 23 2022

New owner Elon Musk on Wednesday polled Twitter users on whether the site should offer a general amnesty to suspended …

UK defends Brexit deal despite economic woes

Nov 23 2022

Finance minister Jeremy Hunt on Wednesday defended the UK's post-Brexit trade deal with the EU, despite growing …

Embattled Credit Suisse expects Q4 pre-tax loss

Nov 23 2022

Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes …

European, US stocks held back by economic gloom

Nov 23 2022

European and US stocks made modest gains on Wednesday on news that major economies contracted in November and as traders …

Musicians in French-speaking Africa eye global market through streaming

Nov 23 2022

The wildfire popularity of streaming platforms has hoisted Nigerian and other artists from English-speaking Africa to …

New home sales in US post surprise jump in October

Nov 23 2022

New home sales in the US defied expectations and rose in October, government data showed Wednesday, despite mortgage …

Walmart employee kills six in US mass shooting

Nov 23 2022

A Walmart employee shot dead six people at a store bustling with Thanksgiving holiday shoppers, before turning the …

European, US stocks waver on economic gloom

Nov 23 2022

European and US stock markets wavered Wednesday on news that the eurozone and UK economies shrank in November but by …

Uniper rescue to cost Germany an extra 25 bn euros

Nov 23 2022

Troubled gas giant Uniper on Wednesday said the German government would need to spend an additional 25 billion euros …

Credit Suisse expects Q4 pre-tax loss of $1.6 bn

Nov 23 2022

Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes …

European equities waver on economic gloom

Nov 23 2022

European stock markets wavered on Wednesday on news that the eurozone and UK economies shrank in November, but by less …

Markets rise on rate hopes but China Covid casts shadow

Nov 23 2022

Asian and European markets rose Wednesday as traders flitted between hopes for a halt in sharp US interest rate hikes …

Asian markets rise on rate hopes but China Covid casts shadow

Nov 23 2022

Asian markets rose Wednesday but traders flitted between hopes for a halt in sharp US interest rate hikes and concern …

A greener ride: West Africans switch on to electric motorbikes

Nov 23 2022

Beninese hairdresser Edwige Govi makes a point these days of using electric motorbike taxis to get around Cotonou, …

In US, inflation sparks tough Thanksgiving meal sacrifices

Nov 23 2022

Sandra White normally has turkey for Thanksgiving dinner. But on Thursday, due to soaring inflation, she's going to have …

Medical community frets over fate of Twitter

Nov 23 2022

For days, doctors, scientists and public health experts have been telling their Twitter followers where to find them on …

Manchester United owners consider sale as Ronaldo exits

Nov 23 2022

Manchester United's owners said Tuesday they were ready to sell the club, potentially bringing down the curtain on an …

Looming freight train strike could derail Biden political momentum

Nov 22 2022

Joe Biden faces the prospect of a crippling strike by railroad unions that could stall transport of fuel, corn and …

European, US stocks up despite China Covid fears

Nov 22 2022

Global stocks mostly rose Tuesday, shrugging off worries about inflation and the potential reinstatement of severe China …

French regulator approves state bid to renationalise power giant

Nov 22 2022

France's financial markets regulator on Tuesday approved the state's plan to fully control heavily indebted national …

'Hardcore' Musk drives into a culture clash at Twitter

Nov 22 2022

After snapping up Twitter, one of Silicon Valley's most iconic companies, Elon Musk swiftly introduced his …

UK public finances worsen, as OECD warns on outlook

Nov 22 2022

UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers from soaring …

Shock in France over murder of tax inspector

Nov 22 2022

The French government on Tuesday expressed shock after a tax inspector was stabbed to death as he was trying to audit …

Gazprom says Ukraine diverting Moldova gas supplies, threatens cuts

Nov 22 2022

Russian energy giant Gazprom said Tuesday that Ukraine was diverting natural gas supplies transiting to Moldova and …

UK probes Apple, Google over cloud gaming, browsers

Nov 22 2022

Britain launched Tuesday an in-depth competition probe into the domination of US tech giants Apple and Google of cloud …

Charles III welcomes S.Africa's Ramaphosa in first state visit as king

Nov 22 2022

King Charles III on Tuesday welcomed South African President Cyril Ramaphosa to London for a milestone first state visit …

Battling inflation 'priority' as global growth slows: OECD

Nov 22 2022

World economic growth is slowing due to decades-high inflation, the OECD said Tuesday, calling for "essential" further …

S.Africa's Ramaphosa starts Charles III's first state visit as king

Nov 22 2022

King Charles III on Tuesday welcomed South African President Cyril Ramaphosa to London for the first state visit of his …

Russia unveils new icebreaker in push for energy markets

Nov 22 2022

President Vladimir Putin on Tuesday oversaw the launch of a new nuclear-powered icebreaker as Russia pushes to develop …

S. Africa's Ramaphosa starts Charles III's first state visit as king

Nov 22 2022

King Charles III on Tuesday welcomed South African President Cyril Ramaphosa to London for the first state visit of his …

Italy's draft budget centres on energy aid, growth

Nov 22 2022

Italy's new far-right government unveiled its first budget on Tuesday, with most of the nearly 35 billion euros in …

European stocks dented by China Covid fears

Nov 22 2022

European equities attempted to rebound Tuesday but were dented by concern over China's latest Covid-19 outbreaks.

Baidu revenue up 2% amid cost-cutting drive

Nov 22 2022

Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), …

Italy's draft budget centres on energy aid

Nov 22 2022

Italy's new far-right government unveiled its 2023 draft budget on Tuesday, with most of the nearly 35 billion euros in …

Asian markets mixed as China Covid worries grow

Nov 22 2022

Growing fears about China's latest Covid-19 outbreak on Tuesday rattled investors, who fear authorities will revert to …

Asian markets mixed as China Covid worries build

Nov 22 2022

Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to …

Inflation swells Spain's 'hunger queues'

Nov 22 2022

With a secure job as a bricklayer, Hugo Ramirez never thought he would need the help of charity to feed his family.

Asian markets struggle as China Covid worries build

Nov 22 2022

Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to …

Health or jobs: Peruvian mining town at a crossroads

Nov 22 2022

The Peruvian mining city of La Oroya, one of the most polluted places in the world, is seeking to reopen a heavy metal …

36 killed in central China factory fire: state media

Nov 22 2022

Thirty-six people were killed and two are missing after a fire at a plant in central China, state media said Tuesday, …

IMF approves 530-mn-euro loan for North Macedonia

Nov 22 2022

The International Monetary Fund on Monday announced it had approved a deal to give North Macedonia access to 530 million …

Paramount says ending Simon&Schuster/Penguin deal after US antitrust ruling

Nov 22 2022

Paramount Global on Monday officially dropped a plan to sell its Simon & Schuster division to rival publisher Penguin …

Disney seeks old magic in return of ex-CEO

Nov 22 2022

In a dramatic twist worthy of a "Star Wars" spin-off, Disney ditched CEO Bob Chapek and brought back Bob Iger, …

Global stocks mostly tumble on fears of fresh China Covid curbs

Nov 21 2022

Global stocks mostly fell Monday as renewed concerns about harsh coronavirus curbs in China rattled investor sentiment, …

Spain's high-speed rail competition heats up with new entrant

Nov 21 2022

Spain's high-speed rail market is heating up with a new operator starting passenger services on Friday, making the …

I. Coast, Ghana ease tug-of-war with buyers over cocoa prices

Nov 21 2022

Ivory Coast and Ghana, the world's two biggest cocoa producers, said Monday there had been progress towards resolving a …

Recession-hit UK needs more migrant labour: business group

Nov 21 2022

Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking …

Fears of fresh China Covid curbs rattle stocks, oil prices

Nov 21 2022

Oil prices plunged to lows unseen since January and global stocks mostly fell on Monday as renewed concerns about harsh …

Markets rattled by fears of fresh Covid curbs in China

Nov 21 2022

Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid …

Recession-hit UK needs more migrant labour: business lobby

Nov 21 2022

Britain needs more migrant labour to boost productivity as it faces a toxic mix of soaring inflation and shrinking …

No backsliding on Brexit, says UK PM

Nov 21 2022

British Prime Minister Rishi Sunak on Monday denied that his government was seeking to row back on the UK's EU …

Lufthansa launches hiring drive as recovery gathers pace

Nov 21 2022

Lufthansa on Monday launched a drive to hire 20,000 employees, as the German airline giant recovers strongly from the …

Markets mainly drop on fresh China Covid fears

Nov 21 2022

Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China.

UK's Compass, world's largest caterer, sees profits triple

Nov 21 2022

Britain's Compass, the world's largest caterer, on Monday said annual profits had tripled as companies switched to …

Asia markets suffer losses on fresh China Covid fears

Nov 21 2022

Asian markets fell Monday as China's first Covid death in six months sparked fears officials would reimpose strict, …

Christie's cancels controversial T-rex auction in Hong Kong

Nov 21 2022

Christie's has called off the auction of a Tyrannosaurus rex skeleton, the auction house told AFP on Monday, days before …

Sonic the Hedgehog co-creator arrested over insider trading

Nov 21 2022

The co-creator of classic video game series Sonic the Hedgehog has been arrested for alleged insider trading, according …

Disney boots CEO, brings back Bob Iger to lead company

Nov 21 2022

Disney ousted chief executive Bob Chapek on Sunday and announced that it had brought back former CEO Bob Iger to once …

Hong Kong leads Asia losses on fresh China Covid fears

Nov 21 2022

Asian markets fell Monday as China's first Covid death in six months sparked fears officials would reimpose strict, …

All eyes on Trump's Twitter account after Musk reinstates him

Nov 21 2022

Donald Trump has seemingly rejected returning to Twitter, but as he embarks on a new presidential campaign, will he be …

Trump Twitter account reappears after Musk poll

Nov 20 2022

Donald Trump's Twitter account was reinstated Saturday after the platform's new owner Elon Musk ran a poll in which a …

Frustrated foodies gobble up South Korean grocery unicorn

Nov 20 2022

When Sophie Kim moved home to South Korea after 15 years in the United States, she couldn't find anywhere to buy kale …

Twitter turmoil, staff exodus aggravate security concerns

Nov 20 2022

Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus …

What could a world without Twitter look like?

Nov 20 2022

After another chaotic week of mass staff departures and policy reversals, Twitter's future seems highly uncertain, with …

Trump Twitter account reappers after Musk poll

Nov 20 2022

Donald Trump's notorious Twitter account was reinstated Saturday after the platform's new owner Elon Musk ran a poll in …

Elon Musk gleeful as Twitter users vote on reinstating Trump

Nov 19 2022

Elon Musk expressed excitement Saturday as he watched votes pour in on a Twitter poll he has posted on whether to …

NASA Moon mission 'exceeding' expectations

Nov 19 2022

On the third day after lifting off from Florida bound for the Moon, the Orion spacecraft is "exceeding performance …

Xi, Harris call for open channels in latest US-China meeting

Nov 19 2022

Chinese President Xi Jinping and US Vice President Kamala Harris called for open communication during a brief meeting on …