Business and Economy



Nintendo bullish on Switch 2 pre-sales in Japan

AFP - 3m ago

Nintendo shares surged Thursday after the gaming giant boasted of higher than expected demand in Japan for pre-orders of …

Trump seeks 'fair deal' with China but pathway unclear

AFP - 1h ago

US President Donald Trump on Wednesday played up prospects of a "fair deal" on trade with China, but his top officials …

YouTube says more than 20 billion videos uploaded in 20 years

Apr 24 2025

YouTube on Wednesday celebrated more than 20 billion videos being uploaded to the platform since the first clip debuted …

EU slaps fines on Apple and Meta, risking Trump fury

Apr 24 2025

The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, …

12 US states sue over Trump's tariffs

AFP - 2h ago

A coalition of 12 American states filed a lawsuit Wednesday to challenge the Trump administration's tariffs, saying the …

WEF confirms investigation into claims against founder Schwab

AFP - 3h ago

The World Economic Forum said Wednesday it has launched an investigation into fraud allegations against its founder …

Boeing says China not accepting planes over US tariffs

AFP - 5h ago

Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China trade war, as the …

Stocks rally as Trump soothes fears over China trade, Fed

AFP - 5h ago

A relief rally swept global equity markets Wednesday as comments by US President Donald Trump that he had "no intention" …

Trump's popularity with US voters slumps in opinion polls

AFP - 5h ago

US President Donald Trump's popularity has sunk since his riotous return to the White House, polls showed Wednesday, …

US Treasury chief says IMF, World Bank must be 'fit for purpose'

AFP - 48m ago

The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott …

French president announces economic deals with Madagascar

AFP - 5h ago

France and Madagascar announced Wednesday they would strengthen economic cooperation through several ambitious projects, …

Auto Shanghai showcases new EV era despite tariff speedbumps

AFP - 11h ago

The world's largest auto expo opened its doors Wednesday in Shanghai, showcasing the new electric world order even as …

200 French media groups sue Meta over 'unlawful' advertising: lawyers

AFP - 6h ago

Around 200 French media groups, including leading television channels and newspapers, are taking legal action against …

IMF warns of 'intensified' risks to public finances amid US trade war

AFP - 12h ago

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, …

IMF warns of 'intensified' risks to outlook for public finances

AFP - 29m ago

Donald Trump's tariff plans have increased the risks to public finances, the International Monetary Fund said Wednesday, …

China says 'door open' to trade talks after Trump signals tariffs will fall

AFP - 5h ago

China said on Wednesday the door was "wide open" for trade talks with Washington, a day after US President Donald Trump …

Stocks rally as Trump comments ease Fed, China trade fears

AFP - 2h ago

Equities rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of the …

Trump says won't fire Fed chief, signals China tariffs will come down

AFP - 3h ago

Donald Trump said Tuesday he had no intention of firing the chair of the US Federal Reserve and signalled a …

IMF slashes global growth outlook on impact of Trump tariffs

AFP - 5h ago

The International Monetary Fund on Tuesday slashed its forecast for global growth this year and warned of an increase in …

Asian markets rally as Trump comments ease Fed, China trade fears

AFP - 4h ago

Asian stocks rallied with Wall Street on Wednesday after Donald Trump said he had "no intention" of firing the head of …

Trial testimony reveals OpenAI interest in Chrome: reports

AFP - 33m ago

OpenAI is ready to buy Chrome if Google is forced to sell its popular browser as part of antitrust trial, a top …

Moving fast and breaking everything: Musk's rampage through US govt

AFP - Apr 23 2025

In Silicon Valley, they talk about "moving fast and breaking things." In Washington, these days, they call it Elon Musk …

Musk to reduce White House role as Tesla profits plunge

AFP - 14h ago

Elon Musk will significantly scale back his Trump administration work in May to focus on Tesla, the billionaire …

Trump says has 'no intention' of firing Fed chief

Apr 22 2025

US President Donald Trump said Tuesday he had no plans to fire the Federal Reserve chief, in apparently conciliatory …

Jury finds New York Times did not libel Sarah Palin

Apr 22 2025

A US jury found Tuesday that The New York Times did not libel former Alaska governor and vice presidential candidate …

US Treasury chief expects China tariff impasse to de-escalate

Apr 22 2025

The trade standoff between Washington and Beijing is not sustainable, the US Treasury chief said Tuesday, as President …

Tesla says profits plunge 71%, warns of 'changing political sentiment'

Apr 22 2025

Tesla reported a 71 percent drop in first-quarter profits Tuesday in results that lagged analyst estimates as Elon …

Volkswagen unveils its electric counter-offensive in China

Apr 22 2025

The Volkswagen group on Tuesday unveiled a series of new vehicles and a driver assistance system built "in China for …

ECB's Lagarde hopes Trump won't fire US Fed chief Powell

Apr 22 2025

European Central Bank chief Christine Lagarde said Tuesday that she hoped US President Donald Trump would not oust the …

Gold hits record as Trump fuels Fed fears, Wall Street rebounds

Apr 22 2025

Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the …

BASF exits Xinjiang ventures after Uyghur abuse reports

Apr 22 2025

German chemicals giant BASF said Tuesday it had exited two joint ventures in China's Xinjiang region after its local …

Nordics, Lithuania plan joint purchase of combat vehicles

Apr 22 2025

Sweden, Finland, Norway and Lithuania plan to beef up military capabilities around the Baltic Sea with a joint order for …

Gold hits record, stocks diverge as Trump fuels Fed fears

Apr 22 2025

Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the …

World could boost growth by reducing trade doubt: IMF chief economist

Apr 22 2025

Policymakers should find a way to reduce the uncertainty over trade policy kicked up by Donald Trump's tariff plans in …

IMF slashes global growth outlook on impact of US tariffs

Apr 22 2025

The International Monetary Fund on Tuesday slashed its forecast for global growth this year, citing the effect of US …

IMF slashes China growth forecasts as trade war deepens

Apr 22 2025

The IMF said Tuesday it now believed China's economy will only grow by four percent this year, well below Beijing's …

Gold hits record, stocks mixed as Trump fuels Fed fears

Apr 22 2025

Gold reached $3,500 an ounce for the first time Tuesday as US President Donald Trump's tariffs and verbal assault on the …

Roche says will invest $50 bn in US, as tariff war uncertainty swells

Apr 22 2025

Swiss pharmaceutical giant Roche on Tuesday announced plans to invest $50 billion in the United States over the next …

US official asserts Trump's agenda in tariff-hit Southeast Asia

Apr 22 2025

The first US official to visit Southeast Asia since Washington announced punitive tariffs on the region's countries on …

Roche says will invest $50 bn in US over next five years

Apr 22 2025

Swiss pharmaceutical giant Roche on Tuesday announced plans to invest $50 billion in the United States over the next …

Can Europe's richest family turn Paris into a city of football rivals?

Apr 22 2025

Paris has everything -- stunning architecture and arguably the best food and fashion in the world. But the French …

US to impose new duties on solar imports from Southeast Asia

Apr 22 2025

The United States on Monday announced its intention to impose tariffs of up to 3,521 percent on solar panels from …

Auto Shanghai to showcase electric competition at sector's new frontier

Apr 22 2025

The world's biggest auto show opens Wednesday in Shanghai, with foreign carmakers raring to show they can compete …

Gold hits record, stocks slip as Trump fuels Fed fears

Apr 22 2025

Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo …

Woe is the pinata, a casualty of Trump trade war

Apr 22 2025

The humble pinata has become one of the latest targets to take a whacking in US President Donald Trump's trade war.

Trump tariffs torch chances of meeting with China's Xi

Apr 22 2025

With his storm of tariffs on Chinese goods, US President Donald Trump has torched ties with Beijing and likely wrecked …

US urges curb of Google's search dominance as AI looms

Apr 22 2025

US government attorneys urged a federal judge Monday to make Google spin off its Chrome browser, arguing artificial …

US VP Vance meets Indian PM Modi for tough talks on trade

Apr 21 2025

US Vice President JD Vance met with Indian Prime Minister Narendra Modi after a red carpet welcome in New Delhi on …

US assets slump again as Trump sharpens attack on Fed chief

Apr 21 2025

Gold prices hit a fresh record on Monday while the dollar tumbled further along with Wall Street equities as President …

China's CATL launches new EV sodium battery

Apr 21 2025

Chinese battery giant CATL launched on Monday a new sodium-ion battery it says will restructure the electric car …

Davos meet founder Klaus Schwab steps down from WEF board

Apr 21 2025

The World Economic Forum said on Monday that its founder Klaus Schwab has stepped down from the board, turning a page in …

China slams 'appeasement' of US as nations rush to secure trade deals

Apr 21 2025

China on Monday hit out at other countries making trade deals with the United States at Beijing's expense, vowing …

Gold hits record, dollar drops as tariff fears dampen sentiment

Apr 21 2025

Gold prices hit a fresh record on Monday while the dollar weakened further and stocks were mixed amid worries about …

Vance lands in India for tough talks on trade

Apr 21 2025

US Vice President JD Vance began a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and …

Vance in India for tough talks on trade

Apr 21 2025

US Vice President JD Vance began a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and …

Vance heads to India for tough talks on trade

Apr 21 2025

US Vice President JD Vance begins a four-day visit to India on Monday as New Delhi looks to seal an early trade deal and …

Trump tariffs stunt US toy imports as sellers play for time

Apr 21 2025

Josh Staph fears the fun-packed shelves of his toy warehouse might start looking joyless in the months ahead, with …

Beijing slams 'appeasement' of US in trade deals that hurt China

Apr 21 2025

China on Monday hit out at other countries making trade deals with the United States at Beijing's expense, promising …

Taxes on super rich and tech giants stall under Trump

Apr 20 2025

Global tax plans targeting billionaires and multinational companies are running aground, with the United States …

Tariffs could lift Boeing and Airbus plane prices even higher

Apr 20 2025

Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are poised to climb further …

Trump goes to war with the Fed

Apr 19 2025

Donald Trump's simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to …

Ford 'adjusts' some exports to China due to tariffs

Apr 18 2025

Citing the US-China trade conflict, Ford said Friday it has "adjusted" its exports to the country, where the US auto …

Tokyo leads gains in most Asian markets on trade deal hopes

Apr 18 2025

Tokyo led most Asian markets higher Friday on optimism about a Japan-US trade deal as investors keep tabs on countries' …

China's manufacturing backbone feels Trump trade war pinch

Apr 18 2025

Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers …

Cash crunch leaves Syrians queueing for hours to collect salaries

Apr 18 2025

Seated on the pavement outside a bank in central Damascus, Abu Fares's face is worn with exhaustion as he waits to …

Asian markets mixed as traders track tariff talks

Apr 18 2025

Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries' tariff talks with the …

Japan rice prices soar as core inflation accelerates

Apr 18 2025

Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core …

US unveils new port fees for Chinese-linked ships

Apr 18 2025

The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic …

Trump and Italy's Meloni talk up EU tariff deal hopes

Apr 18 2025

Donald Trump and Giorgia Meloni hit an optimistic note about a possible US-EU tariffs deal Thursday as the far-right …

Trump insists he could fire independent Fed Chair Powell

Apr 18 2025

US President Donald Trump on Thursday insisted that he could force out the head of the independent Federal Reserve, …

Google has illegal monopoly in ad tech, US judge rules

Apr 18 2025

A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal …

Netflix earnings top forecasts despite economic turmoil

Apr 17 2025

Netflix on Thursday reported quarterly earnings slightly better than analysts expected, saying it is staying focused on …

Netflix earnings in first quarter of 2025 top forecasts

Apr 17 2025

Netflix on Thursday reported quarterly profit of $2.9 billion as revenue grew 13 percent with help from recent …

Trump says US 'talking' to China on tariffs

Apr 17 2025

President Donald Trump said Thursday that the United States was in talks with China on tariffs, adding that he was …

Stocks waver as ECB cuts rate, Trump slams Fed chief

Apr 17 2025

Stock markets wavered Thursday despite another interest rate cut by the European Central Bank as investors remain on …

Trump talks up EU tariff deal as Italy's Meloni visits

Apr 17 2025

US President Donald Trump said he would "100 percent" reach a tariffs deal with the European Union as Italian Prime …

Countries must 'make the best' of new multipolar world: IMF chief

Apr 17 2025

Countries have no choice but to "make the best" of the fragmentation of the global economy by boosting ties with …

US judge rules against Google in online ad tech antitrust case

Apr 17 2025

A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad technology market, in a legal …

Italy's Meloni, Trump talk up EU trade deal hopes

Apr 17 2025

Italian Prime Minister Giorgia Meloni and US President Donald Trump talked up the chances of cutting a tariff deal for …

US judge rules Google monopolized online ad tech market

Apr 17 2025

A US judge on Thursday ruled that Google wielded monopoly power in the online ad technology market in a blow that could …

Swiss watch exports to US soared ahead of Trump tariffs

Apr 17 2025

Swiss watch exports to the key US market soared nearly 14 percent in March, likely the result of retailers stocking up …

World economy likely to avoid recession despite tariffs: IMF chief

Apr 17 2025

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff …

ECB cuts rates as Trump tariffs raise fears for eurozone growth

Apr 17 2025

The European Central Bank cut interest rates again Thursday amid fears that US President Donald Trump's stop-start …

Trump says Fed chief's 'termination cannot come fast enough'

Apr 17 2025

US President Donald Trump said Thursday that "termination" of the independent head of the Federal Reserve "cannot come …

Italy's Meloni seeks EU tariff deal from Trump

Apr 17 2025

Italian Prime Minister Giorgia Meloni will meet Donald Trump at the White House on Thursday, hoping a personal charm …

Nvidia CEO in Beijing as US tech curbs, trade war threaten sales

Apr 17 2025

Nvidia CEO Jensen Huang held talks with Chinese leaders in Beijing on Thursday, state media said, days after the United …

World economy should avoid recession despite tariffs, IMF chief says

Apr 17 2025

The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff …

N.Ireland designer Jonathan Anderson takes helm at Dior Men

Apr 17 2025

French fashion giant Dior named the highly-rated designer Jonathan Anderson as creative director of Dior Men on …

Turkish central bank raises interest rate to 46 percent

Apr 17 2025

Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of …

Trump's tariff storm a threat to dollar's dominance?

Apr 17 2025

As President Donald Trump's tariffs threaten the US economy, questions are being asked about how long the dollar can …

Trump clashes with Fed chief Powell over interest rates

Apr 17 2025

US President Donald Trump blasted Federal Reserve chairman Jerome Powell on Thursday for not lowering interest rates, …

Stocks diverge as ECB rate cut looms, Trump tussles with Fed

Apr 17 2025

European stock markets dropped Thursday following Asian gains as investors awaited an expected interest rate cut by the …

EU hopes Trump tariffs can nudge Mercosur deal past finish line

Apr 17 2025

The spectre of a transatlantic trade war is also fuelling hopes of a silver lining in Europe: that a commerce deal with …

Asian markets boosted as 'Big Progress' made in Japan tariff talks

Apr 17 2025

Tokyo led Asian stocks higher on Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome …

Taiwan's TSMC net profit soars as US tariff threat looms

Apr 17 2025

Taiwanese chipmaking titan TSMC reported on Thursday a surge in net profit for the first quarter and forecast robust …

Asian markets boosted by 'Big Progress' in Japan tariff talks

Apr 17 2025

Tokyo led Asian stocks higher Thursday as optimism over Japan-US trade talks offset Federal Reserve boss Jerome Powell's …

Taiwan's TSMC says net profit rose 60.3% in first quarter

Apr 17 2025

Taiwanese chipmaking titan TSMC reported Thursday a surge in net profit for the first quarter and forecast robust demand …

Hermes to hike US prices to offset tariff impact

Apr 17 2025

French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of …

Unease grows over Trump tariffs despite 'progress' in Japan trade talks

Apr 17 2025

Uncertainty over Donald Trump's tariff blitz mounted Thursday after the Fed chief warned of rising prices and …

ECB ready to cut rates again as Trump tariffs shake eurozone

Apr 17 2025

European Central Bank policymakers look increasingly likely to cut interest rates again on Thursday, with US President …

Trump tariffs provoke growing economic uncertainty

Apr 17 2025

Concern over the economic fallout from US President Donald Trump's global tariffs mounted Wednesday, with Fed Chair …

Zuckerberg denies Meta bought rivals to conquer them

Apr 16 2025

Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and …