Business and Economy



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

AFP - 1h ago

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

AFP - 2h ago

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

AFP - 4h ago

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

AFP - 9h ago

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

AFP - 15h ago

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

AFP - 18h ago

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

AFP - 13h ago

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

AFP - 8h ago

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

AFP - 2h ago

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

AFP - 18m ago

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

AFP - 16h ago

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

AFP - 2h ago

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 …

US stocks fall with dollar as Powell warns on tariffs

Apr 16 2025

Wall Street traders were back in sell-off mode Wednesday while the dollar fell further as downcast comments from Federal …

AMD says US rule on chips to China could cost it $800 mn

Apr 16 2025

Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for …

Trump tariffs could put US Fed in a bind, Powell warns

Apr 16 2025

US President Donald Trump's tariffs will likely push up prices and constrain growth, and could put the Federal Reserve …

Trump tariffs could put the US Fed in a bind, Powell warns

Apr 16 2025

Donald Trump's tariffs will likely push up prices and constrain growth, and could put the US Federal Reserve in the …

US Fed Chair warns of 'tension' between employment, inflation goals

Apr 16 2025

Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose …

Trump touts trade talks, China calls out tariff 'blackmail'

Apr 16 2025

US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of …

TikTok tests letting users add informative 'Footnotes'

Apr 16 2025

TikTok on Wednesday said it is testing a feature that would let people add "Footnotes" providing informative context to …

Long-abandoned Welsh mine revived as gold prices soar

Apr 16 2025

At the bottom of a long-abandoned mine, 50 metres below the surface, one company searches for rare Welsh gold, attracted …

Global uncertainty will 'certainly' hit growth: World Bank president

Apr 16 2025

The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the …

WTO chief says 'very concerned' as tariffs cut into global trade

Apr 16 2025

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …

Stocks mixed as US hits Nvidia chip export to China

Apr 16 2025

Wall Street shares fell but European stocks diverged Wednesday after the US government imposed restrictions on exports …

The Trump adviser who wants to rewrite the global financial system

Apr 16 2025

One of the architects of US President Donald Trump's tariff blitz has advocated a shake-up of the global trade and …

Canada central bank holds interest rate steady amid tariffs chaos

Apr 16 2025

The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to …

Stocks retreat as US hits Nvidia chip export to China

Apr 16 2025

Stock markets retreated Wednesday after the US government imposed restrictions on exports of a key Nvidia chip to China, …

China tells Trump to 'stop threatening and blackmailing'

Apr 16 2025

China told Washington on Wednesday to "stop threatening and blackmailing" after US President Donald Trump said it was up …

Global trade uncertainty could have 'severe negative consequences': WTO chief

Apr 16 2025

Global trade is expected to plummet this year in the wake of President Donald Trump's tariff offensive, fuelling …

Google facing £5 bn UK lawsuit over ad searches: firms

Apr 16 2025

Google on Wednesday said it would "vigorously" defend itself after some 250,000 UK businesses filed a …

Automakers hold their breath on Trump's erratic US tariffs

Apr 16 2025

US President Donald Trump's aggressive but fast-changing trade policy has foisted difficult questions on carmakers that …

Stocks struggle again as Nvidia chip curb warning pops calm

Apr 16 2025

Asian stocks swung Wednesday after Nvidia's announcement of new US licensing rules on shipments of its new chip to China …

China's forecast-beating growth belies storm clouds ahead: analysts

Apr 16 2025

Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news …

ASML CEO sees growing economic 'uncertainty' from tariffs

Apr 16 2025

Dutch tech giant ASML warned on Wednesday of growing economic uncertainty due to US tariffs but the company kept its …

Europe seeks to break its US tech addiction

Apr 16 2025

With President Donald Trump more unpredictable than ever and transatlantic ties reaching new lows, calls are growing …

Heineken beer sales dip, tariffs add to uncertainty

Apr 16 2025

Heineken said Wednesday its beer sales were down in the first quarter but kept profit forecasts for the year unchanged …

Dutch flower industry grasps thorny pesticide issue

Apr 16 2025

As Margriet Mantingh gazes at flowers stretching as far as the eye can see at the world's biggest flower market near …

Solar boom counters power shortages in Niger

Apr 16 2025

Solar panels like the ones on the roof of Elhadj Abdou's house are an increasingly common sight in Niger's capital, …

Mackerel and missiles: EU-UK defence deal snags on fish

Apr 16 2025

Cod and herring are normally more likely to be on the dinner menu than the negotiating table at European security talks.

ASML CEO sees 'increased macro uncertainty' from tariffs

Apr 16 2025

The head of ASML said on Wednesday there was "increased macro uncertainty" due to tariffs but the Dutch tech giant kept …

Wine consumption falls heavily into the red

Apr 16 2025

Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said Tuesday, …

China's economy beats forecasts ahead of Trump's 'Liberation Day'

Apr 16 2025

China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of …

Vespa love affair: Indonesians turn vintage scooters electric

Apr 16 2025

When Indonesian executive Heret Frasthio takes his antique 1957 VL Vespa for a ride, its white paint peeling off, the …

Cambodia's Chinese casino city bets big on Beijing

Apr 16 2025

Once a collection of sleepy fishing villages, vast Chinese investments have transformed Cambodia's Sihanoukville into a …

Trump says ball in China's court on tariffs

Apr 16 2025

Donald Trump believes it is up to China to come to the negotiating table on trade, the White House said Tuesday, after …

China's economy beat forecasts in first quarter ahead of Trump's 'Liberation Day'

Apr 16 2025

China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get …

Trump orders critical minerals probe that may bring new tariffs

Apr 16 2025

US President Donald Trump ordered a probe Tuesday that may result in tariffs on critical minerals, rare-earth metals and …

Facebook added 'value' to Instagram, Zuckerberg tells antitrust trial

Apr 16 2025

Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …

Boeing faces fresh crisis with US-China trade war

Apr 16 2025

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn …

Nvidia expects $5.5 bn hit as US targets chips sent to China

Apr 16 2025

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing …

Global stocks mixed amid lingering unease over trade war

Apr 15 2025

Global stocks were mixed Tuesday as investors digested strong bank earnings and monitored ongoing developments in the …

Trump resurrects ghost of US military bases in Panama

Apr 15 2025

US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a …

Canada offers automakers tariff relief, Honda denies weighing move

Apr 15 2025

Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US …

Facebook added 'value' to Instagram, Zuckerberg says in antitrust trial

Apr 15 2025

Social media titan Mark Zuckerberg testified for a second day Tuesday in a landmark US antitrust trial, defending his …

Stocks rise on bank earnings, auto tariff hopes

Apr 15 2025

Stock markets rose Tuesday as investors digested strong bank earnings and shares in several auto giants surged over …

Trump says China 'reneged' on Boeing deal as tensions flare

Apr 15 2025

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing …

Stocks rise as auto shares surge on tariff break hopes

Apr 15 2025

Stock markets rose Tuesday, with shares in several automakers gaining after US President Donald Trump hinted that the …

Facebook chief Zuckerberg testifying again in US antitrust trial

Apr 15 2025

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his …

Auto shares surge on tariff reprieve hopes

Apr 15 2025

Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over …