Business and Economy
Tech hit by new AI worries on positive day for most markets
AFP - 2m ago
Tech firms tumbled Thursday as investors contemplated the outlook for the AI boom after Democrats swept the US midterms, …
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Toyota hikes profit forecasts on strong demand, weak yen
AFP - 34m ago
Japanese car giant Toyota raised its full-year profit forecasts on Thursday on the back of strong demand for hybrid …
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Turkey showcases renewables surge, but leaves coal intact
Nov 05 2026
On a windy hillside about an hour's drive northwest of Istanbul, the Catalca power plant was one of Turkey's first …
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Bread shortage threatens to plunge more Sudanese into hunger
Nov 05 2026
Nearly three and a half years into Sudan's unrelenting war, soaring costs and a nosediving currency have left people …
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Bank of England set to raise rate as inflation jumps
Nov 05 2026
The Bank of England is expected to raise on Thursday its benchmark interest rate for the first time in more than three …
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Paraguay opposition seeks president's removal over banking crisis
Nov 05 2026
The Paraguayan opposition presented a motion to remove President Santiago Pena from office over the Central Bank's …
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Canada unveils budget to curb reliance on US
Nov 05 2026
Canadian Prime Minister Mark Carney's government presents its budget on Thursday, a plan designed to reduce US reliance, …
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French bank says cyberattack stole around $100 mn
Nov 05 2026
French regional bank Credit Mutuel Arkea said Wednesday it had been the victim of a cyberattack that allowed fraudulent …
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California billionaire tax proposal heading for defeat: partial results
AFP - 8h ago
A proposal to levy a one-off tax on billionaires in California appeared to be headed for defeat Wednesday in a vote …
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Stocks surge, oil tumbles after Trump's election rout
AFP - 1h ago
Wall Street stocks surged Wednesday as markets greeted the resolution of US midterm elections while oil prices tumbled …
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The economic drivers of US Republicans' rout at polls
AFP - 3h ago
Republicans routed in the midterm elections may need look no further than Bill Clinton's 1992 presidential campaign …
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Voters in US capital say 'oui' to foie gras ban
AFP - 14h ago
The production and sale of foie gras is set to become illegal in Washington after voters in the US capital …
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Stocks surge after Trump's election rout
AFP - 1h ago
Share prices surged on Wednesday as traders digested President Donald Trump's heavy defeat in US midterm elections, …
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ECB chief urges eurozone to adapt faster to climate change
AFP - 16h ago
European Central Bank chief Christine Lagarde on Wednesday urged the eurozone to adapt faster to climate change as the …
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Bangladesh to increase garment sector pay after protests
AFP - 14h ago
Bangladesh's garment wage board agreed on Wednesday to raise minimum pay in the key export sector, but details remained …
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Dollar and oil drop after Trump's election rout
AFP - 2h ago
The dollar and oil prices dropped on Wednesday as traders digested President Donald Trump's heavy defeat in US midterm …
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Democratic victories cloud outlook for AI data center rollout
AFP - 20h ago
Strong wins for Democratic candidates threaten the prospects for energy-guzzling data centers in key US states, …
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French regional bank says cyberattack caused 'fraudulent transactions'
AFP - 8h ago
French regional bank Credit Mutuel Arkea said Wednesday it had been the victim of a cyberattack that allowed fraudulent …
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BMW to step up job cuts as China woes deepen
AFP - 15h ago
BMW said Wednesday that it would step up planned job cuts as it reported a drop in third-quarter profit, hit by …
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Google unveils $15 bn data centre investment in Malaysia
AFP - 20h ago
Google announced plans on Wednesday to invest $15 billion in Malaysia over the next two years to build data centres and …
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'Fewer and fewer': Dry summer hits Italy truffle season
AFP - 19h ago
After an excessively dry summer, black truffles are becoming few and far between in the misty hills of the Piedmont …
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Bangladesh to increase garment sector pay: wage board
AFP - 3h ago
Bangladesh's garment industry wage board said on Wednesday it had agreed to raise the minimum wage for workers in the …
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Most stocks rise, dollar drops as Democrats take control of Congress
AFP - 3h ago
Stock markets mostly rose Wednesday as investors assessed the impact of a Democratic sweep of Congress that dealt a blow …
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Stocks and dollar drop as Democrats enjoy big early wins
AFP - 50m ago
Asian stocks were mixed Wednesday as investors tried to ascertain the impact of a Democratic sweep of Congress that …
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Apple AI tools come to China after two-year delay
AFP - 20h ago
Apple began on Wednesday a long-delayed trial rollout of in-house artificial intelligence tools for Chinese users, …
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Binance reveals hackers used fake job interviews, malicious code in $6-bn heist
AFP - 16h ago
Binance released on Tuesday a detailed investigation into the $6 billion hack of its cryptocurrency platform, showing …
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US stocks end mostly up as markets await election results
Nov 03 2026
Wall Street stocks finished mostly higher as oil prices continued to pull back while markets awaited results from US …
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Spanish transport minister offers resignation after deadly train crash
Nov 03 2026
Spain's transport minister handed in his resignation on Tuesday following a train crash that killed 69 people last week, …
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At least 11 European countries snared in freezer cyberattacks
Nov 03 2026
Germany, Romania and the UK on Tuesday joined the growing list of European nations hit by cyberattacks on supermarket …
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BMW issues second profit warning in a year
Nov 03 2026
Premium German carmaker BMW issued its second profit warning for the financial year on Tuesday, citing costs related to …
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Italy holds security talks after European freezer cyberattacks
Nov 03 2026
Italy's government held emergency talks with intelligence chiefs on Tuesday following cyberattacks on supermarket …
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Stocks wobble on concerns over AI and US midterms
Nov 03 2026
Stock markets wavered Tuesday amid growing nervousness about the debt-fuelled spending by AI heavyweights, though the …
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Stocks slip on AI fears, all eyes on US midterms
Nov 03 2026
Stock markets wavered Tuesday amid growing nervousness about the debt-fuelled spending by AI heavyweights, though the …
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Unions urge South Africa to save US duty-free trade deal
Nov 03 2026
South African unions urged the government Tuesday to work to save a US duty-free trade deal that supports thousands of …
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Spain says to work 'tirelessly' to restore trust in trains after disasters
Nov 03 2026
Spain will work "tirelessly" to restore confidence in its high-speed trains, the transport minister said Tuesday, after …
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Lufthansa latest airline to flag ticket price hikes amid Iran war energy shock
Nov 03 2026
Lufthansa on Tuesday became the latest airline to warn that ticket prices will rise further, as it forecast a …
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German auto crisis deepens as supplier cuts over 3,000 jobs
Nov 03 2026
German auto parts supplier Schaeffler said Tuesday that it planned to cut almost 3,500 jobs and close five sites in …
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Stocks drop on AI fears, eyes on US midterms
Nov 03 2026
Stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street and as investors turned their …
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Virgin Media O2 to cut thousands of jobs and slash costs
Nov 03 2026
British telecoms group Virgin Media O2 said Tuesday that it would cut thousands of jobs in a sweeping cost-saving …
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Bangladesh garment workers clash with police, defy call to end protests
Nov 03 2026
Paramilitary forces were deployed in industrial suburbs around the Bangladesh capital as protests by garment sector …
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Stocks mostly down on AI concerns as oil prices bounce after plunge
Nov 03 2026
Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a …
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Philips says reached deal 'in principle' with US over sleep machine recall
Nov 03 2026
Dutch electronics and medical device manufacturer Philips said Tuesday it had reached a deal "in principle" with US …
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German auto crisis deepens as supplier announces job cuts, site closures
Nov 03 2026
German auto parts supplier Schaeffler said Tuesday that it planned to cut almost 3,500 jobs and close five sites in …
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Stocks mostly down as AI concerns drag on sentiment
Nov 03 2026
Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a …
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Lufthansa says 2026 fuel costs to be 2 bn euros higher amid Iran war
Nov 03 2026
German airline giant Lufthansa said Tuesday it expects its 2026 fuel costs to be two billion euros ($2.24 billion) …
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Living costs, housing, job uncertainty fuel European youth anger
Nov 03 2026
Countries across Europe have been swept by a wave of protests by young people angry at the spiralling cost of living who …
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Australian central bank lifts key interest rate to 18-year high
Nov 03 2026
Australia's central bank raised its key interest rate to a 18-year high on Tuesday, citing the prolonged war in the …
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Stocks mostly down as AI concerns top plunge in oil prices
Nov 03 2026
Asian stock markets struggled Tuesday following another AI-fuelled tech selloff on Wall Street that overshadowed a …
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Sea drone makers compete in Taiwan for soaring investment
Nov 03 2026
Silver-hulled sea drones skim across the water as part of an exhibition in Taiwan where local and foreign companies are …
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Fridge cyberattack hits supermarkets across Europe
Nov 03 2026
A suspected cyberattack hit grocery stores across at least nine European countries on Monday, prompting the EU to warn …
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Apple beats sales and profit expectations but AI costs weigh on holiday sales
Nov 02 2026
Apple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue …
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US to exclude South Africa, Rwanda from Africa duty-free trade deal
Nov 02 2026
The United States said on Monday it would remove South Africa and Rwanda from a major Africa-US trade preference …
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Oil prices plunge on US-Iran detente hopes ahead of US midterms
Nov 02 2026
Oil prices tumbled more than seven percent on Monday, the eve of crucial midterm elections in the United States, as …
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Storied Paris department store receives bankruptcy protection
Nov 02 2026
A court on Monday granted bankruptcy protection to iconic Paris department store BHV Marais, which sparked controversy …
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Anthropic says revenue surged 1,100 percent ahead of IPO
Nov 02 2026
Anthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1,100 percent …
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Caught cold: fridge cyberattack highlights internet gadget weaknesses
Nov 02 2026
Cyberattacks affecting supermarket refrigeration systems in several European countries on Monday highlighted the risks …
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Marvell, Lumentum merge in $115 bn deal amid AI spending jitters
Nov 02 2026
US chipmaker Marvell Technology said Monday it will buy optical components maker Lumentum in a $115 billion all-stock …
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Oil prices plunge on US-Iran detente hopes ahead of midterms
Nov 02 2026
Oil prices sank around seven percent on Monday, the eve of crucial midterm elections in the United States, as signals …
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Ryanair looks to freeze wages, hike fares as fuel prices soar
Nov 02 2026
Irish no-frills airline Ryanair said Monday it would launch a cost-cutting drive and hike fares next year to help offset …
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Bangladesh garment workers clash with police protesting higher wages
Nov 02 2026
Thousands of striking Bangladeshi garment workers clashed with police on Monday, demanding a monthly minimum wage more …
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Oil prices sink on US-Iran detente hopes ahead of midterms
Nov 02 2026
Oil prices sank more than six percent on Monday, the eve of crucial midterm elections in the United States, as signals …
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Belgian PM offers to quit over budget impasse
Nov 02 2026
Belgian Prime Minister Bart De Wever tendered his resignation to King Philippe on Monday as coalition talks deadlocked …
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Germany says gas supplies 'secured' after missing storage target
Nov 02 2026
Germany insisted Monday that it would have enough gas for the winter despite missing a storage target as the Middle East …
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Bangladesh garment sector: economic backbone under pressure
Nov 02 2026
Bangladesh's garment industry, which clothes millions of consumers across Europe and North America, is the country's …
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Ryanair to freeze wages, hike fares as fuel prices soar
Nov 02 2026
Irish no-frills airline Ryanair said Monday it would launch a cost-cutting drive and hike fares next year to help offset …
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Oil prices sink on US-Iran war hope ahead of midterms
Nov 02 2026
Oil prices sank more than four percent Monday as a report that Donald Trump wanted to negotiate with Iran raised hope of …
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Winds of change: Laos looks up for renewables push
Nov 02 2026
Rising from verdant ridgelines of southern Laos, 133 Chinese-built wind turbines help power Vietnam's surging growth and …
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Stocks mixed as tech sector struggles to rebound from selloff
Nov 02 2026
Stocks were mixed on Monday as investors struggled to recover from last week's tough run fuelled by disappointing …
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Asian stocks mixed as tech sector struggles to rebound from selloff
Nov 02 2026
Asian stocks were mixed on Monday as investors struggled to recover from last week's tough run fuelled by disappointing …
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ExxonMobil urged to re-think Papua New Guinea gas project
Nov 02 2026
One of the world's rarest bats could be at risk if ExxonMobil forges ahead with a Papua New Guinea gas project, a law …
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South Korea to double spending on AI and chips in 2027
Nov 02 2026
South Korea will double spending on AI and semiconductors in 2027 to a record high, the president said Monday, pledging …
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Binance resumes withdrawals after more than $6 bn stolen in hack
Nov 01 2026
Binance said that it had seen withdrawals of around $4.7 billion on Sunday, after more than $6 billion in virtual assets …
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Binance says resuming withdrawals after major hack
Nov 01 2026
Binance said Sunday that it had resumed withdrawals after a major hack that affected more than $6 billion in funds.
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FBI says North Korea behind $6 billion crypto theft from Binance
Nov 01 2026
The FBI on Saturday accused North Korea of stealing more than $6 billion in virtual assets from the cryptocurrency …
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EU's new levy on parcels kicks in
Nov 01 2026
The European Union slapped a two-euro ($2.25) handling fee on packages from outside the 27-nation bloc on Sunday in a …
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US oil companies aim to squeeze more out of refineries
Oct 31 2026
US oil companies are investing to squeeze out more fuel from refineries and bringing shuttered plants back online in …
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Markets lashed by tech rout as earnings fan AI fears
Oct 30 2026
Technology firms retreated further Friday after more poorly received earnings from US titans fanned deepening concerns …
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Canada, EU launch new alliance with deals on Ukraine, minerals, AI
Oct 30 2026
The EU and Canada announced an alliance Friday aimed at cementing their own relations in the face of President Donald …
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Monaco taken off global money-laundering 'grey list'
Oct 30 2026
Global anti-money laundering watchdog the Financial Action Task Force (FATF) said Friday it had removed Monaco and three …
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EU and Canada to 'withstand shocks together' with new alliance
Oct 30 2026
EU chiefs Ursula von der Leyen and Antonio Costa held talks with Canada's Mark Carney in Montreal Friday to finalize a …
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Binance heist: How were cryptocurrency billions stolen?
Oct 30 2026
Binance, the world's biggest cryptocurrency exchange, estimates that assets worth $6.3 billion were impacted by a …
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Wall Street tech rout deepens on doubts over AI spending
Oct 30 2026
Shares in US tech giants were pummeled on Friday, capping a week of earnings results that raised questions on Wall …
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Drugs giant AstraZeneca reveals higher profits, savings plan
Oct 30 2026
British pharmaceutical group AstraZeneca announced Friday a 23-percent jump in net profit for the third quarter and a …
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'Life in the old dog': German economy grows more than expected
Oct 30 2026
Germany's quarterly growth beat forecasts and inflation slowed sharply as energy price pressures fuelled by the Iran war …
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Italy inflation surges to 5.4% as economy stalls
Oct 30 2026
Italian inflation rose 5.4 percent in October from a year earlier as the economy stalled in the third quarter, Italy's …
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US jury hands win to Bayer in weedkiller cancer case
Oct 30 2026
A US jury has sided with multinational giant Bayer over three women's claims its Roundup weedkiller caused their cancer, …
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US oil giants report profit surge again on Iran war
Oct 30 2026
US oil giants reported Friday another quarter of soaring profits reflecting higher oil prices and refining margins due …
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Tech sell-off deepens as earnings fan AI fears
Oct 30 2026
Technology firms retreated further Friday after more poorly-received earnings from US titans fanned deepening concerns …
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Eurozone growth holds up despite energy crunch
Oct 30 2026
The eurozone economy grew more than expected in the third quarter, official data showed Friday, demonstrating resilience …
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Carmaker Audi cuts outlook again on China, US woes
Oct 30 2026
Premium German carmaker Audi on Friday cut its profit outlook for the second time this year, complicating turnaround …
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BP net profit quadruples as Mideast war lifts oil prices
Oct 30 2026
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted …
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French economy 'headed for a wall' as GDP shrinks
Oct 30 2026
The French economy could be "headed for a wall" if the government is unable to pass a deficit-reducing budget soon, its …
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German economy logs 0.2% growth, faster than expected
Oct 30 2026
Germany's economy grew faster than expected in the third quarter, official data showed Friday, defying headwinds ranging …
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Crypto platform Binance confirms 'complex' $6.3 bn hack
Oct 30 2026
Cryptocurrency platform Binance said Friday it was working to resolve a "complex attack" that hit around $6.3 billion in …
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Spanish inflation stays at three-year high before election
Oct 30 2026
Spanish inflation in October remained at 4.9 percent, its highest level since February 2023, official data showed …
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Tech firms take fresh hit as earnings misses fan AI fears
Oct 30 2026
Tech firms were again on the back foot Friday after another round of disappointing earnings from Wall Street titans …
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BP net profit quadruples on higher oil prices
Oct 30 2026
British energy giant BP said Friday that its net profit quadrupled in the third quarter as the Middle East war disrupted …
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Surging costs of living top US voter concerns
Oct 30 2026
Soaring prices for gas, medicine and other cost of living essentials are preoccupying Americans as they start to cast …
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Crypto platform Binance confirms $6.3 bn hack
Oct 30 2026
Cryptocurrency platform Binance said Thursday it had fallen victim to a major hack that hit around $6.3 billion in …
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Malawi's fuel shortages, record prices deepen economic crisis
Oct 30 2026
Word spread that a fuel tanker was nearing a filling station in Malawi's capital, Lilongwe, and the snaking queue surged …
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From minerals to AI, EU and Canada to forge new alliance
Oct 30 2026
Squeezed by the United States and China, the European Union and Canada are set to unveil Friday a series of deals -- …
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Dodging fuel price hikes, Damascus drivers turn to electric cars
Oct 30 2026
Taxi driver Mohammed Kanaan drives his shiny new electric car around Damascus's rundown streets, hoping for higher …
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