Business and Economy



Asian markets mixed ahead of Trump-Xi talks

AFP - 1h ago

Asian markets were mixed Friday at the end of a strong week for investors following a US interest rate cut, with …

BoJ holds interest rates but to sell funds in shift from easing policy

AFP - 1h ago

The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said …

Asian markets mostly drop ahead of Trump-Xi talks

AFP - 49m ago

Asian markets mostly fell Friday at the end of a strong week for investors following a US interest rate cut, with …

China's Xiaomi to remotely fix assisted driving flaw in 110,000 SU7 cars

AFP - 2h ago

Chinese consumer tech giant Xiaomi will remotely fix a flaw in the assisted driving system on over 110,000 of its …

Asian markets fluctuate as focus turns to Trump-Xi, BoJ

AFP - 4h ago

Asian markets swung Friday at the end of a strong week for investors following the US interest rate cut, with attention …

Canada, Mexico leaders agree to seek 'fairer' trade deal with US

AFP - 7h ago

The leaders of Canada and Mexico on Thursday defended their three-way free-trade deal with the United States, while …

Netflix seeks 'Money Heist' successor in Spanish hub

AFP - 7h ago

In a cavernous studio outside Madrid teeming with TV industry stars, Netflix is blending old knowledge with modern …

Indie studio bets on new game after buying freedom from Sega

AFP - 8h ago

French developer Amplitude knows that "every game could be the last" as it prepares a big bet on a new strategy title …

Japan inflation slows in August, rice price surges ease

AFP - 5h ago

Inflation in Japan slowed to 2.7 percent in August due partly to government energy subsidies, official data showed …

Stocks rise on Nvidia-Intel deal, Fed rate cut

Sep 18 2025

Stock markets advanced Thursday, as tech shares jumped following AI-chips giant Nvidia's announcement of a $5 billion …

US small businesses slam Trump tariffs as legal fight proceeds

Sep 18 2025

When businessman Travis McMaster shifted more manufacturing of his products out of China, and into India, he had sought …

US regulator sues Ticketmaster over 'illegal' ticket schemes

Sep 18 2025

A top US regulator on Thursday sued Ticketmaster and its parent company Live Nation, alleging the ticketing giant …

Chip-maker Nvidia takes stake in rival Intel

Sep 18 2025

Shares in chipmaker Intel skyrocketed on Thursday after AI giant Nvidia announced it would invest $5 billion in its …

Putin has let me down, says Trump at end of UK state visit

Sep 18 2025

Donald Trump warned that Russian President Vladimir Putin had "really let me down" after he met Prime Minister Keir …

Canada, Mexico leaders meet amid US tariff war

Sep 18 2025

Mexico's president will host the leader of Canada for trade talks Thursday as they seek to navigate the tariff war …

Trump says Putin has 'let me down' as UK state visit ends

Sep 18 2025

Donald Trump warned that Russia President Vladimir Putin had "really let me down" as he met Prime Minister Keir Starmer …

IMF proposes US Treasury official as second-in-command

Sep 18 2025

The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the …

Costs of Russian, Chinese cyberattacks on German firms on rise: report

Sep 18 2025

Cyberattacks and sabotage, mainly from Russia and China, have caused record damages for German firms this year, the …

Stock markets rise after Nvidia's Intel deal, Fed rate cut

Sep 18 2025

Stock markets mostly rose Thursday after the Federal Reserve cut interest rates and US chip giant Nvidia announced a $5 …

New Picasso portrait unveiled at Paris auction house

Sep 18 2025

A previously unknown portrait by Pablo Picasso of one of his lovers was revealed on Thursday after being put up for sale …

Trump, Starmer sign tech deal to seal 'unbreakable bond'

Sep 18 2025

Donald Trump hailed America's "unbreakable bond" with Britain Thursday as he and Prime Minister Keir Starmer signed a …

Bank of England holds rate as inflation stays high

Sep 18 2025

The Bank of England kept its key interest rate at four percent Thursday, as elevated UK inflation offsets the country's …

Stock markets fluctuate after Fed rate cut

Sep 18 2025

European stock markets rose while Asia was mixed on Thursday after the US Federal Reserve lowered interest rates but …

Deliveroo CEO to step down following DoorDash takeover

Sep 18 2025

Will Shu, founder of food delivery app Deliveroo, will step down as its chief executive once US rival DoorDash completes …

Asian markets fluctuate after Fed cuts interest rates

Sep 18 2025

Equities wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how …

Germany's Continental launches IPO of car parts unit

Sep 18 2025

Trading in Continental's struggling auto parts division got off to a slow start Thursday as it was listed on the …

Meta expands AI glasses line in a bet on the future

Sep 18 2025

Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and …

Judge weighs court's powers in Trump climate case

Sep 18 2025

A federal judge overseeing a closely watched climate case on Wednesday pressed the lawyer representing young Americans …

US stocks finish mixed as Fed cuts rates for first time in 2025

Sep 17 2025

US stocks finished mixed Wednesday while the dollar moved higher as markets digested the Federal Reserve cutting …

New York officials sink Times Square casino bid

Sep 17 2025

A well-financed campaign to build a casino in the heart of New York's theater district collapsed Wednesday as a …

US Fed makes first rate cut of 2025 over employment risks

Sep 17 2025

The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and …

US stocks end mixed as Fed rate cut sparks volatility

Sep 17 2025

Wall Street stocks finished mixed after the Federal Reserve announced its first interest rate cut of 2025 and signaled …

Louboutin taps Jaden Smith to lead well-heeled shoemaker's men's line

Sep 17 2025

Christian Louboutin of scarlet-stiletto fame on Wednesday named Jaden Smith, who has followed in his superstar father …

Top music body says AI firms guilty of 'wilful' copyright theft

Sep 17 2025

AI companies have sucked up the world's entire music catalogue and are guilty of "wilful, commercial-scale copyright …

US Fed makes first rate cut of 2025 on employment risks

Sep 17 2025

The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and …

Stocks, dollar calm ahead of expected US rate cut

Sep 17 2025

Stock markets diverged and the dollar steadied as investors expected the US Federal Reserve to cut interest rates …

Canada central bank cuts key lending rate citing Trump tariffs

Sep 17 2025

Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US …

US Treasury official expected to be named IMF's second-in-command: source

Sep 17 2025

The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in a key role …

EU says India's Russia links jeopardise closer ties

Sep 17 2025

The European Union's top diplomat warned Wednesday that its push for closer ties with India could be hampered by New …

Nvidia CEO disappointed over China chip ban report

Sep 17 2025

Nvidia chief executive Jensen Huang on Wednesday said he was disappointed by a report that Beijing has barred major …

US Fed set for first rate cut of 2025 as Trump pressure looms

Sep 17 2025

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing …

AI may boost global trade value by nearly 40%: WTO

Sep 17 2025

Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and …

Germany's Merz vows 'autumn of reforms' in turbulent times

Sep 17 2025

Germany will need sweeping change to remain free and prosperous, Chancellor Friedrich Merz warned Wednesday, calling on …

EU says India's Russian oil purchases, military drills hinder closer ties

Sep 17 2025

India's participation in military exercises with Moscow and its purchases of Russian oil "stand in the way of closer …

Stocks, dollar calm before expected US rate cut

Sep 17 2025

Stock markets and the dollar steadied as investors expected the US Federal Reserve to cut interest rates Wednesday to …

Ben & Jerry's co-founder quits, says independence 'gone'

Sep 17 2025

The co-founder of Ben & Jerry's has resigned from the ice cream brand after saying his company known for its social …

Nestle share price slips as chairman follows CEO out the door

Sep 17 2025

Nestle shares slipped on Wednesday after the Swiss food giant announced the earlier-than-expected departure of its …

India's gaming fans eye illegal sites after gambling ban

Sep 17 2025

India's ban on online gambling has shuttered a billion-dollar industry serving hundreds of millions of people and …

Asian stocks swing as traders bide time ahead of US rate decision

Sep 17 2025

Asian stock markets were mixed as investors bided their time ahead of an expected US interest rate cut on Wednesday.

UK inflation stable ahead of central bank rate call

Sep 17 2025

British inflation was unchanged in August, official data showed Wednesday, fuelling expectations that the Bank of …

Lower shipments to US, China weigh on Singapore August exports

Sep 17 2025

Singapore's exports slid again in August according to official figures out Wednesday, as shipments to its biggest …

EU business lobby head says China rare earths snag persists

Sep 17 2025

European firms still face challenges in securing access to crucial rare earths from China, a business lobby warned …

Broadway jeering Caesars Times Square casino bet

Sep 17 2025

The casino industry's quest to bring gambling to Manhattan faces a key test this week when an advisory panel weighs a …

Trump extends delay on US TikTok ban until mid-December

Sep 17 2025

US President Donald Trump on Tuesday extended a delay on enforcing a ban against TikTok until December 16, marking the …

Stocks slip, dollar down as Fed meets on rates

Sep 16 2025

Wall Street stocks ended lower on Tuesday while the dollar slid as the US Federal Reserve began a two-day meeting at …

IEA says more oil and gas investment may be needed

Sep 16 2025

New oil and gas projects may be necessary to maintain current production levels, the IEA said Tuesday, as it is in a …

Nestle says chairman Paul Bulcke to step down

Sep 16 2025

Nestle on Tuesday announced that its longtime chairman Paul Bulcke had decided to step down, just weeks after the Swiss …

US Fed opens key meeting after Trump aide sworn in as governor

Sep 16 2025

The US Federal Reserve started a key interest rate meeting Tuesday, hours after Donald Trump's new appointee narrowly …

Hollywood giants sue Chinese AI firm over copyright infringement

Sep 16 2025

Top Hollywood studios filed a federal lawsuit Monday against Chinese artificial intelligence company MiniMax, alleging …

Thyssenkrupp says India's Jindal Steel makes bid for steel business

Sep 16 2025

India's Jindal Steel International has made an offer for Thyssenkrupp's steel division, the German company said Tuesday, …

US retail sales beat expectations in August despite tariffs

Sep 16 2025

Retail sales in the United States were hotter than expected in August, government data showed Tuesday, although …

Stocks diverge, dollar down as Fed meets on rates

Sep 16 2025

Wall Street stocks hit fresh record highs on Tuesday as the US Federal Reserve prepared to meet, while the dollar slid.

Europe slow to match economic rivals US, China: Draghi

Sep 16 2025

The European Union is "failing to match the speed of change" in the United States and China and must act urgently on …

Asian markets rise as traders prepare for expected US rate cut

Sep 16 2025

Asian stocks advanced again Tuesday to extend another record day on Wall Street as traders locked in bets on a US …

Lower US tariffs on Japan autos kick in

Sep 16 2025

Lower US tariffs on Japanese autos kicked in on Tuesday, as a relieved Tokyo welcomed the implementation of a trade pact …

US Senate confirms Trump aide to Fed as politics loom over rate meeting

Sep 16 2025

The US Senate on Monday narrowly cleared President Donald Trump's choice for a key role at the Federal Reserve, as the …

Protesting Peru residents block trains to Machu Picchu

Sep 16 2025

Train services to the Inca citadel of Machu Picchu, Peru's main tourist attraction, were suspended Monday as protesting …

Lower US tariffs on Japan autos to take effect Tuesday

Sep 15 2025

Lower US tariffs on Japanese autos are set to take effect this week, a Commerce Department notice confirmed Monday, as …

Stocks push higher ahead of expected US rate cut

Sep 15 2025

Stock markets mostly rose Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this …

Lab-grown diamonds robbing southern Africa of riches

Sep 15 2025

Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for alternatives as …

US Senate poised to advance Trump aide's appointment at Fed

Sep 15 2025

The US Senate is due to vote late Monday on the confirmation of President Donald Trump's choice to join the Federal …

US, China reach 'framework' deal on TikTok ownership

Sep 15 2025

The United States and China announced a "framework" deal on Monday to resolve their dispute over TikTok that calls for …

US says 'framework' deal with China on TikTok ownership

Sep 15 2025

The United States announced Monday a "framework" deal with China to resolve their dispute over TikTok that calls for the …

US announces 'framework' TikTok deal with China

Sep 15 2025

The United States announced Monday a "framework" deal with China to resolve their dispute over TikTok, as a deadline …

Stocks diverge ahead of expected US rate cut

Sep 15 2025

Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the US Federal Reserve this …

WTO fishing deal: the net results

Sep 15 2025

The World Trade Organization's agreement on fisheries subsidies -- its first environmentally focused accord -- entered …

US 'very close' to TikTok deal with China: US Treasury chief 

Sep 15 2025

The United States is "very close" to a deal with China to settle their dispute over TikTok, US Treasury Secretary Scott …

US-China trade talks resume in Madrid

Sep 15 2025

China and the United States resumed trade talks on Monday in Madrid, seeking to narrow differences on trade and …

German defence giant Rheinmetall to take over warship maker

Sep 15 2025

Germany's Rheinmetall has struck a deal to take over a warship builder, both companies said, the defence giant's latest …

Markets mixed ahead of expected US rate cut

Sep 15 2025

Stock markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this …

Most Asian markets drop ahead of expected US rate cut

Sep 15 2025

Asian markets struggled on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this …

Chinese factory, consumer activity slow amid economy struggles

Sep 15 2025

China's economy showed further signs of weakness last month, with key data Monday revealing factory output and …

Asian markets fluctuate ahead of expected US rate cut

Sep 15 2025

Asian markets were mixed Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.

Australia's ANZ bank hit with record fine over 'widespread misconduct'

Sep 15 2025

Australia's ANZ, one of the country's "big four" banks, has agreed to pay a record fine of Aus$240 million ($159.5 …

Trump concerned S. Korean arrests could 'frighten' investors

Sep 14 2025

President Donald Trump on Sunday said foreign workers sent to the United States are "welcome" and he doesn't want to …

New round of US-China trade talks kicks off in Madrid

Sep 14 2025

China and the United States kicked off the latest round of trade talks on Sunday in Madrid, where they are set to thrash …

US Fed poised for first rate cut of 2025 as political tension mounts

Sep 14 2025

The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this …

France's new PM courts the left a day after ratings downgrade

Sep 13 2025

France's new Prime Minister Sebastien Lecornu held out an olive branch to the left on Saturday, ruling out his …

Fitch downgrades France's credit rating in new debt blow

Sep 13 2025

French politicians on Saturday sounded the alarm after the Fitch agency downgraded the country's credit rating, with …

Fitch downgrades France's credit rating in new debt battle blow

Sep 12 2025

The Fitch agency downgraded France's credit rating on Friday, as President Emmanuel Macron struggles with political …

Stocks hang onto gains as rate cuts in focus

Sep 12 2025

Global stocks on Friday mostly held onto gains made earlier this week on expectations of a cut to US interest rates.

US moves to scrap emissions reporting by polluters

Sep 12 2025

The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions …

US to stop collecting emissions data from polluters

Sep 12 2025

The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions …

Boeing defense workers reject deal to end strike

Sep 12 2025

Boeing workers at its St. Louis area defense factories will stay on strike after union members voted Friday to reject a …

Armani will lays path to potential buyout by rival

Sep 12 2025

Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his …

Norway sovereign wealth fund drops French miner over environmental fears

Sep 12 2025

Norway's sovereign wealth fund said Friday it was excluding French mining company Eramet from its portfolio, citing …

EU to fast-track review of 2035 combustion-engine ban

Sep 12 2025

The EU pledged Friday to fast-track a review of its plans to end combustion-engine vehicle sales by 2035, after pressure …

Russia cuts interest rate as economy slows

Sep 12 2025

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears …

Stocks, dollar diverge with focus on rates

Sep 12 2025

Global stocks on Friday mostly held onto gains made earlier this week on expectations of a cut to US interest rates.

France risks credit downgrade as new PM tackles budget

Sep 12 2025

France on Friday risks a downgrade on its ability to pay back debts, economists said, a move that would further …

Armani's will lays path to potential buyout by rival

Sep 12 2025

Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his …

Carmakers to push EU for 2035 combustion-engine ban rethink

Sep 12 2025

Europe's biggest carmakers held talks with EU chief Ursula von der Leyen on Friday as the industry pressures the bloc to …