Business and Economy
Flights resume at Munich airport after second drone scare
AFP - 6h ago
Flights resumed "progressively" on Saturday at Munich airport, but delays were expected after a drone scare caused a …
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French air traffic controllers cancel three-day strike
AFP - 8h ago
French air traffic controllers have called off a three-day strike that threatened to disrupt European flights next week, …
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Stocks rise on AI optimism, US rate-cut hopes
Oct 03 2025
Stock markets struck fresh records Friday, driven by investor optimism over artificial intelligence and hopes of US …
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AI in an 'industrial bubble' but will benefit society: Bezos
Oct 03 2025
Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in …
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Stocks gain on AI optimism, US rate-cut hopes
Oct 03 2025
Stock markets mostly rose Friday, driven by investor optimism over AI and US rate-cut hopes, which overshadowed concerns …
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'First of its kind' power surge behind Iberia blackout: experts
Oct 03 2025
A power surge that caused a paralysing blackout across all of Spain and Portugal in April was an unprecedented event in …
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US delays key jobs report due to government shutdown
Oct 03 2025
The United States suspended the publication of a key employment report Friday as a partial government shutdown entered …
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UN-backed climate banking alliance ceases operations
Oct 03 2025
The Net-Zero Banking Alliance, a UN-backed initiative seeking carbon neutral investments by banks, announced Friday its …
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Munich airport closure 'wake-up call' over drone danger: govt
Oct 03 2025
German Interior Minister Alexander Dobrindt said Friday that the temporary closure of Munich airport after drone …
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Carrefour name disappears from Arab stores as Israel boycotters claim victory
Oct 03 2025
The Carrefour name has disappeared from storefronts in some Arab countries, with pro-Palestinian shoppers and activists …
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Munich airport resumes flights after drone sightings trigger closure
Oct 03 2025
Germany's Munich airport said normal service resumed Friday after several drone sightings forced its closure overnight, …
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Tech fans Tokyo rally on broadly positive day for Asian markets
Oct 03 2025
A surge in tech firms helped Tokyo's Nikkei lead most Asian equities higher on Friday as investors headed into the …
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Spain's Benidorm embraces its Franco-era mass tourism model
Oct 03 2025
Fifty years after General Francisco Franco's death, Benidorm still clings to the mass tourism model it pioneered under …
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Cyberattack halts shipments from Japan's biggest brewer
Oct 03 2025
A damaging cyberattack on Japanese beer giant Asahi this week has halted shipments from its breweries and there is no …
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Musk joins 'cancel Netflix' campaign
Oct 03 2025
Elon Musk has urged his 227 million social media followers to cancel their Netflix subscriptions, accusing the streaming …
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US farmers hit by trade war to get 'substantial' aid: Treasury chief
Oct 02 2025
US Treasury Secretary Scott Bessent signaled Thursday that "substantial support" for farmers would be announced next …
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US stocks end at records as government shutdown drags on
Oct 02 2025
Wall Street stocks finished at fresh records again Thursday as a US government shutdown dragged into a second day.
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Boom or bubble: How long can the AI investment craze last?
Oct 02 2025
The staggering investments in artificial intelligence keep coming: Last week, AI chip giant Nvidia announced it would …
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US Treasury chief says 'fully prepared' to support struggling Argentina
Oct 02 2025
US Treasury Secretary Scott Bessent said Thursday that his agency was "fully prepared to do what is necessary" in …
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Tech stocks fuel Asian and European gains, Wall Street wobbles
Oct 02 2025
A surge in tech stocks helped fuel gains in Asia and Europe, but Wall Street wobbled as a partial US government shutdown …
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Tesla car sales lifted by end of US electric auto tax credit
Oct 02 2025
Tesla reported higher global third-quarter auto deliveries on Thursday, joining a broad slate of automakers seeing a …
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Stock markets surge on tech rally, US rate hopes
Oct 02 2025
Equities jumped Thursday thanks to gains in tech stocks and as weak US jobs data fanned optimism for more interest rate …
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Germany reviews warship order after delays
Oct 02 2025
Berlin said Friday it was reviewing a major warship order that has faced lengthy delays, as reports suggested a German …
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Spain hosts record number of summer tourists
Oct 02 2025
Spain welcomed a record 22.3 million foreign tourists in the key summer holiday months of July and August as the sector …
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OpenAI valuation soars to $500 bn in private share sale: reports
Oct 02 2025
The valuation of ChatGPT developer OpenAI soared to a chart-topping $500 billion in a deal for employees to sell a …
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Markets surge on US rate hopes, tech fired by chip deal
Oct 02 2025
Equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest rate …
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UK supermarket Tesco lifts profit outlook on competitive prices
Oct 02 2025
Britain's largest retailer Tesco on Thursday raised its 2025/2026 profit guidance as the supermarket chain won customers …
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Elon Musk halfway to becoming world's first trillionaire: report
Oct 02 2025
Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes …
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Asian markets surge on US rate hopes, tech fired by chip deal
Oct 02 2025
Asian equities jumped Thursday after data showing job losses in the US private sector fanned optimism for more interest …
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Rising wildfires spur comeback for Canadian water bomber
Oct 02 2025
The Canadair water bomber revolutionized the fight against wildfires after it debuted in the skies decades ago.
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G7 ministers to target those increasing Russia oil purchases
Oct 02 2025
G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, …
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Air traffic controllers warn of US shutdown strain
Oct 01 2025
Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government …
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Dow, S&P 500 end at records despite US government shutdown
Oct 01 2025
Wall Street stocks rose again Wednesday, shrugging off the partial US government shutdown as major indices finished at …
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Trump says to push China's Xi on soybeans as US farmers struggle
Oct 01 2025
President Donald Trump signaled Wednesday that he plans to push Chinese leader Xi Jinping on US soybean purchases when …
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Supreme Court blocks Trump from immediately firing Fed governor
Oct 01 2025
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the …
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Shein picks France for its first permanent stores
Oct 01 2025
Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in …
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Supreme Court blocks Trump from immediately firing Fed Gov. Cook
Oct 01 2025
The US Supreme Court on Wednesday barred Donald Trump from immediately firing Federal Reserve Governor Lisa Cook, as the …
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Wall Street stocks shrug off start of US shutdown
Oct 01 2025
Wall Street stocks shrugged off early losses on Wednesday as the US government started to shut down after Democrats and …
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UK's Labour govt plans permanent fracking ban
Oct 01 2025
Britain's Labour government plans to permanently ban fracking, a highly controversial method of extracting fossil fuels, …
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Wall Street stocks slide as US shutdown begins
Oct 01 2025
Wall Street stocks slid on Wednesday as the US government started to shut down after Democrats and President Donald …
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Meta defends ads model in 550-mn-euro data protection trial
Oct 01 2025
Facebook owner Meta on Wednesday defended its advertising model in a 550-million-euro trial in Spain over alleged …
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YouTube, platforms not cooperating enough on EU content disputes: report
Oct 01 2025
An independent appeals body tasked with resolving disputes between social media platforms and EU users on Wednesday …
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EU eyes higher steel tariffs, taking page from US
Oct 01 2025
The EU will propose cutting steel import quotas and significantly increasing tariffs on the metal from abroad, the …
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European stocks rise, Wall St futures drop as US shutdown begins
Oct 01 2025
European stocks and gold prices rose, while Wall Street futures fell on Wednesday as the US government shut down after …
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Thousands protest in Greece over 13-hour workday plans
Oct 01 2025
Thousands of Greek workers prompted large-scale disruption during a 24-hour general strike on Wednesday, protesting …
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Spanish court opens 550-mn-euro Meta data protection trial
Oct 01 2025
A Spanish court opened a trial on Wednesday over a 550-million-euro lawsuit brought by more than 80 Spanish media …
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Gold hits record, Wall St futures drop as US shutdown begins
Oct 01 2025
Gold hit a record high and Wall Street futures fell with the dollar Wednesday as the US government shut down after …
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Taiwan says 'will not agree' to making 50% of its chips in US
Oct 01 2025
Taiwan "will not agree" to making 50 percent of its semiconductors in the United States, the island's lead tariff …
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Gold hits record, Wall St futures drop as US heads for shutdown
Oct 01 2025
Gold hit a record high and Wall Street futures fell Wednesday as the US government went into shutdown after lawmakers in …
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India ready to rev up chipmaking, industry pioneer says
Oct 01 2025
When Prime Minister Narendra Modi declared India's "late entry" into the global semiconductor race, he pinned hopes on …
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Asian stocks mixed, Wall St futures drop as US heads for shutdown
Oct 01 2025
Asian markets stuttered, US futures fell and gold hovered near record highs Wednesday after lawmakers in Washington …
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South Korea posts record semiconductor exports in September
Oct 01 2025
South Korea recorded its highest ever semiconductor exports in September, official data showed Wednesday, despite …
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Nike shares rally on progress in turnaround
Sep 30 2025
Nike reported a surprise increase in quarterly sales Tuesday, pointing to progress on a turnaround as it forecast a …
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Stars align for Louis Vuitton, Stella McCartney at Paris Fashion Week
Sep 30 2025
Louis Vuitton showcased a collection of flouncy skirts and sculptural ruffles in front of a star-packed audience while …
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Dow ends at record as US stocks shrug off shutdown risk
Sep 30 2025
The Dow finished at a fresh record Tuesday as markets largely shrugged off the likelihood of a partial US government …
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Amazon adds AI muscle to connected home lineup
Sep 30 2025
Amazon on Tuesday unveiled the latest generation of connected products, featuring enhanced artificial intelligence …
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Trump announces Pfizer deal he says will lower certain drug prices
Sep 30 2025
The Trump administration on Tuesday announced a deal granting Pfizer a three-year reprieve on planned tariffs as the …
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Board of Spain's Sabadell bank rejects improved BBVA takeover bid
Sep 30 2025
The board of Spanish bank Sabadell on Tuesday rejected larger national rival BBVA's improved hostile takeover bid as 10 …
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US stocks slip as government shutdown looms
Sep 30 2025
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a …
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ECB chief says eurozone weathering Trump tariff storm
Sep 30 2025
European Central Bank chief Christine Lagarde said Tuesday US tariffs had not hit the eurozone as badly as feared, but …
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US stocks fall as government shutdown looms
Sep 30 2025
US stock markets edged lower and gold retreated from a record high on Tuesday as traders steeled themselves for a …
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Spotify founder Daniel Ek to give up CEO role
Sep 30 2025
Spotify co-founder Daniel Ek will step down as CEO on January 1 and become executive chairman, handing the reins to two …
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EU green lights Prada's bid for Versace
Sep 30 2025
The EU on Tuesday cleared Italian fashion label Prada's 1.25-billion-euro ($1.5-billion) purchase of rival Versace after …
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Gold hits record, dollar drops as US shutdown looms
Sep 30 2025
Gold prices hit another record high, the dollar dropped and stock markets traded mixed Tuesday as traders prepared for a …
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Gold hits record, stocks mixed as US shutdown looms
Sep 30 2025
Gold hit another record Tuesday, while equity markets were mixed as traders prepared for a possible US government …
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US tariffs on lumber imports set for October 14
Sep 30 2025
US President Donald Trump on Monday set a slate of tariffs for lumber imports to go into effect October 14.
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Stocks rise, gold hits record as rate cuts and shutdown loom
Sep 30 2025
Equities rallied for a second day and gold hit another record Tuesday on growing Federal Reserve interest rate optimism, …
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Stock markets shrug off US government shutdown fears
Sep 29 2025
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown as markets …
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Anthropic launches new AI model, touting coding supremacy
Sep 29 2025
US startup Anthropic on Monday announced the launch of its new generative artificial intelligence model, Claude Sonnet …
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Electronic Arts to be bought by Saudi-led consortium for $55 bn
Sep 29 2025
Video game giant Electronic Arts, known for The Sims and FIFA games, announced Monday it would be acquired for $55 …
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TotalEnergies to boost output, cut $7.5 bn in costs
Sep 29 2025
French group TotalEnergies on Monday announced plans to increase oil, gas and electricity production while cutting …
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Stock markets shrug off looming US government shutdown
Sep 29 2025
Global stock markets mostly rose on Monday, shrugging off concerns about a looming US government shutdown.
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Jaguar Land Rover to partly resume output after cyberattack
Sep 29 2025
Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack …
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Stocks gain, gold hits record as Trump readies new tariffs
Sep 29 2025
European and Asian stock markets largely gained Monday and gold hit a record high after US inflation figures met …
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GSK switches CEO as Trump tariffs test pharma
Sep 29 2025
British pharmaceutical giant GSK on Monday said longtime chief executive Emma Walmsley will be replaced by its chief …
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Germany's Lufthansa to slash 4,000 jobs as headwinds mount
Sep 29 2025
Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of the German airline giant's workforce, after profits …
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Most markets track Wall St gains after US inflation data
Sep 29 2025
Most markets rose Monday and gold hit a record high following US inflation figures that met expectations and soothed …
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Germany's Lufthansa to slash 4,000 jobs by 2030
Sep 29 2025
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move …
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Embattled Australia telco giant hit by another major outage
Sep 29 2025
Australian telecommunications giant Optus said Monday it had suffered a network outage that prevented calls to emergency …
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Most Asian markets track Wall St higher after US inflation data
Sep 29 2025
Most Asian markets rose Monday, tracking gains on Wall Street, following US inflation figures that met expectations and …
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Stars turn out for Armani's final collection in Milan
Sep 28 2025
Hollywood stars Cate Blanchett, Glenn Close and Richard Gere turned out Sunday for the Giorgio Armani show in Milan, the …
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Slips, salt and stripes: key looks from Milan fashion week
Sep 28 2025
The main shows at Milan Fashion Week wrap up Sunday after another season of knock-out dresses, immaculate tailoring, …
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Trump urges Microsoft to fire ex-Biden administration official
Sep 26 2025
US President Donald Trump called on Microsoft on Friday to fire its head of global affairs, Lisa Monaco, a former senior …
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Stocks rise as traders weigh US inflation, Trump tariffs
Sep 26 2025
Stocks climbed Friday as investors digested a new tariffs blitz by US President Donald Trump and data showing a key US …
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More questions than answers surround Trump's TikTok deal
Sep 26 2025
President Donald Trump insists he has found a solution to keep TikTok alive in the United States through a group of …
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An Aussie tycoon bets billions on cleaning up iron ore giant
Sep 26 2025
Moored off a Manhattan pier for New York's annual Climate Week is one of the world's first ammonia-powered vessels -- a …
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Lufthansa planning thousands of job cuts: sources
Sep 26 2025
Lufthansa is planning to cut thousands of administrative staff as the German aviation giant seeks to reduce costs …
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China at UN warns of return to 'Cold War mentality'
Sep 26 2025
Chinese Premier Li Qiang warned Friday against a return to a "Cold War mentality" and defended multilateralism and free …
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US Fed's preferred inflation gauge rises, with more cost pressures expected
Sep 26 2025
The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, while …
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Facebook, Instagram to offer paid ad-free UK subscriptions
Sep 26 2025
Meta announced Friday that Facebook and Instagram users in the UK will be able to buy ad-free subscriptions, extending a …
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The nations and firms threatened by Trump's pharma tariffs
Sep 26 2025
Donald Trump has shocked the global drug industry by announcing 100-percent tariffs on all branded, imported …
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Kenyan jeans factory to fire workers as US deal expires
Sep 26 2025
A Kenyan factory making jeans for US stores will start firing hundreds of workers this week as American lawmakers failed …
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UN identifies 158 firms linked to Israeli settlements
Sep 26 2025
The United Nations on Friday released a long-awaited update of its database of companies with activities in Israeli …
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Stocks diverge as traders weigh US inflation, Trump pharma tariff
Sep 26 2025
European stocks rose Friday after losses in Asia, as traders awaited key US inflation data and digested President Donald …
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Turkish Airlines inks big Boeing deal after Erdogan visits US
Sep 26 2025
Turkish Airlines announced on Friday a deal to buy up to 225 Boeing jets, one day after President Recep Tayyip Erdogan …
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Trump announces steep new tariffs, EU claims pharmaceutical immunity
Sep 26 2025
US President Donald Trump's announcement of steep new tariffs on medicines and other goods drew pushback from some …
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Asian markets drop as US data, new tariff threats dent sentiment
Sep 26 2025
Markets retreated on Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the …
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Poland cools on Ukrainians despite their economic success
Sep 26 2025
Warsaw's central business district is booming alongside Poland's economy, but those teaching yoga and taking coffee …
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The world's last linen beetling mill eyes strong future
Sep 26 2025
The noise is deafening and the work can be lonely, but to William Smyth, who toils in the world's last commercial linen …
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Canada signs free trade agreement with Indonesia
Sep 26 2025
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 …
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Trump announces steep new tariffs, reviving trade war
Sep 26 2025
US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation …
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In India's Mumbai, the largest slum in Asia is for sale
Sep 26 2025
Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for …
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