Business and Economy
Designer says regrets Adidas 'appropriated' Mexican footwear
AFP - 4h ago
US fashion designer Willy Chavarria said Saturday he regrets that sandals he created together with Adidas "appropriated" …
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Gold futures hit record on US tariff shock; mixed day for stocks
AFP - Aug 08 2025
Gold futures hit a record high Friday following reports of an unexpected tariff on the precious metal as global stocks …
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Swiss gold refining sector stung by US tariffs
Aug 08 2025
The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it …
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New Instagram location sharing feature sparks privacy fears
Aug 08 2025
Instagram users are warning about a new location sharing feature, fearing that the hugely popular app could be putting …
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Gold futures hit record on US tariff shock, stocks wobble
Aug 08 2025
Gold futures hit a record high Friday after reports of an unexpected tariff on the precious metal, while stock markets …
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Mexico seeks compensation from Adidas in cultural appropriation row
Aug 08 2025
Mexico's government said Friday it was seeking compensation from Adidas, which is accused of cultural appropriation for …
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Swiss gold refining sector hits US tariff mine
Aug 08 2025
The first casualty of the imposition of a hefty 39-percent tariff on Swiss imports into the United States may be gold …
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Germany suspends arms exports to Israel for use in Gaza
Aug 08 2025
Germany will halt the export of military equipment to Israel that could be used in the Gaza Strip, Chancellor Friedrich …
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Trump says court halt of tariffs would cause 'Great Depression'
Aug 08 2025
US President Donald Trump warned Friday of cataclysmic consequences on the US economy if a court rules that his …
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Thyssenkrupp to spin off marine division amid defence boom
Aug 08 2025
German industrial titan Thyssenkrupp's shareholders on Friday backed a spin-off of its warship and submarine-building …
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'Optimistic': Champagne growers hope for US tariff shift
Aug 08 2025
Champagne growers say President Donald Trump's tariffs on European goods will hurt sales to the United States, their …
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Stocks waver, gold futures hit record on US tariff updates
Aug 08 2025
Stock markets fluctuated and gold futures hit a record high Friday, tracking the latest twists in US President Donald …
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Oil industry presence surges at UN plastic talks: NGOs
Aug 08 2025
Environmental NGOs are raising concerns about the growing presence of petrochemical industry lobbyists at talks to forge …
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Tokyo soars on trade deal relief as most Asian markets limp into weekend
Aug 08 2025
Japanese stocks rallied Friday on a broadly negative day for Asian markets, fuelled by relief that Tokyo and Washington …
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Brazil's Petrobras posts $4.7 bn second-quarter profit
Aug 08 2025
Brazil's state-owned oil company Petrobras posted a hefty net profit of $4.7 billion in the second quarter, recovering …
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Crypto group reportedly says it planned sex toy tosses at WNBA games
Aug 08 2025
A cryptocurrency group has said it organized a spate of "stunts" in which sex toys were tossed on courts at WNBA games, …
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Tokyo soars on trade deal relief as Asian markets limp into weekend
Aug 08 2025
Japanese stocks rallied Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled …
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US partners seek relief as Trump tariffs upend global trade
Aug 08 2025
President Donald Trump's steeper global tariffs came into effect Thursday, leaving dozens of US partners scrambling to …
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Israeli airline's Paris offices daubed with red paint, slogans
Aug 08 2025
Red paint and slogans were daubed at the entry to the offices of national Israeli airline El Al in Paris, with Israel …
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OpenAI releases ChatGPT-5 as AI race accelerates
Aug 08 2025
OpenAI released a keenly awaited new generation of its hallmark ChatGPT on Thursday, touting "significant" advancements …
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Trump offers data to justify firing of labor stats chief
Aug 07 2025
US President Donald Trump on Thursday alleged that jobs data had been "purposely" altered by the government's …
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Mixed day for global stocks as latest Trump levies take effect
Aug 07 2025
Global stocks had a mixed session Thursday as US President Donald Trump's new tariffs on dozens of countries took …
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Swiss to seek more talks with US as 'horror' tariffs kick in
Aug 07 2025
The Swiss government said Thursday it would pursue more talks with the United States after a last-gasp mission to …
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Plastic pollution treaty talks deadlocked
Aug 07 2025
Negotiations on a global treaty on plastic pollution are being blocked by oil-producing countries and getting bogged …
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Stock markets brush aside higher US tariffs
Aug 07 2025
Most stock markets climbed Thursday even as US President Donald Trump's new tariffs on dozens of countries took effect, …
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Germany factory output falls to lowest since pandemic in 2020
Aug 07 2025
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, …
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Bank of England cuts rate as keeps watch over tariffs
Aug 07 2025
The Bank of England on Thursday cut its key interest rate by a quarter point to four percent, the lowest level in 2.5 …
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Plastic pollution treaty talks stuck in 'dialogue of the deaf'
Aug 07 2025
Negotiations aimed at forging a global treaty on plastic pollution are being blocked by oil-producing countries and …
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Swiss reel from 'horror scenario' after US tariff blow
Aug 07 2025
Switzerland scrambled for answers Thursday after a last-gasp government mission to Washington failed to stop a …
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Siemens warns US tariffs causing investment caution
Aug 07 2025
Siemens warned on Thursday that US tariffs were prompting its customers in key sectors to slow investment decisions, …
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Influx of Afghan returnees fuels Kabul housing crisis
Aug 07 2025
Weeks after he was forced to return from Iran, Mohammad Mohsen Zaryab was still searching for somewhere to live in …
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India exporters say 50% Trump levy a 'severe setback'
Aug 07 2025
Indian exporters warned on Thursday that the cost of additional US tariffs risked making businesses "not viable" after …
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Germany factory output lowest since pandemic in 2020
Aug 07 2025
German industrial production slumped to its lowest level in June since the pandemic in 2020, data showed Thursday, …
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Higher US tariffs kick in for dozens of trading partners
Aug 07 2025
The United States began charging higher tariffs on goods from dozens of trading partners Thursday, in a major escalation …
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Apple to hike investment in US to $600 bn over four years
Aug 07 2025
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next …
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Asian markets rise as traders look past Trump chip threat
Aug 07 2025
Asian equities rose Thursday as investors looked past Donald Trump's threat to impose 100 percent tariffs on …
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Deliveroo slips back into loss on DoorDash takeover costs
Aug 07 2025
Food delivery app Deliveroo on Thursday reported that it fell back into a loss in the first half of 2025, citing costs …
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US tariffs prompt Toyota profit warning
Aug 07 2025
US tariffs prompted Japanese auto giant Toyota on Thursday to cut its annual net profit forecast by 14 percent.
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China exports top forecasts as EU, ASEAN shipments offset US drop
Aug 07 2025
China's exports rose more than expected last month, with official data on Thursday showing a jump in shipments to the …
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Higher US tariffs take effect on dozens of economies
Aug 07 2025
Higher US tariffs came into effect for dozens of economies Thursday, drastically raising the stakes in President Donald …
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China says trade jumped in July, beating forecasts
Aug 07 2025
China's exports beat expectations and rose 7.2 percent year-on-year in July, official data showed Thursday, as overseas …
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Sony hikes profit forecasts after strong quarter for games
Aug 07 2025
PlayStation-maker Sony raised its annual profit forecasts on Thursday, citing strong performance in its key gaming …
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Markets rise as Trump chip exemptions boost tech giants
Aug 07 2025
Asian equities rose Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the …
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United Airlines flights grounded in the US
Aug 07 2025
Thousands of US air passengers were facing delays Wednesday after United Airlines halted many departures in the wake of …
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Apple to invest additional $100 bn in US
Aug 07 2025
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next …
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Mexican authorities accuse Adidas of cultural appropriation
Aug 07 2025
Officials in the southern Mexico state of Oaxaca accused sportswear giant Adidas of cultural appropriation after the …
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Trump's 'dividend' promise for Americans leaves open questions
Aug 07 2025
If Donald Trump is to be believed, millions of Americans could receive a financial slice of the fortunes generated by …
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For Argentine farmers, Milei's free-market reforms fall short
Aug 07 2025
Twenty months after Argentina's President Javier Milei came to power vowing to lead a free-market revolution in the …
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Bank of England set to cut rate as UK economy weakens
Aug 07 2025
The Bank of England is widely expected to cut its key interest rate Thursday, with policymakers mindful of US tariffs …
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Trump hikes India levy over Russian oil as tariff deadline looms
Aug 07 2025
US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of …
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Stocks higher with eyes on earnings, US tariff deadline
Aug 06 2025
Wall Street stocks rebounded Wednesday led by Apple and other large tech companies as markets largely shrugged off US …
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Major climate-GDP study under review after facing challenge
Aug 06 2025
A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash …
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Trump hikes India levy over Russian oil as tariff deadline approaches
Aug 06 2025
US President Donald Trump on Wednesday ordered steeper tariffs on Indian goods over New Delhi's continued purchase of …
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US government gets a year of ChatGPT Enterprise for $1
Aug 06 2025
OpenAI on Wednesday said it was letting the US government use a version of ChatGPT designed for businesses for a year, …
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Brazil seeks WTO relief against Trump tariffs
Aug 06 2025
Brazil on Wednesday approached the World Trade Organization (WTO) for relief against a hefty trade tariff imposed by …
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Swiss president hopes Washington talks avert surprise tariff
Aug 06 2025
Switzerland's president held last-gasp talks Wednesday with the US secretary of state after rushing to Washington to …
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McDonald's sees US rebound but says low-income diners remain stressed
Aug 06 2025
McDonald's profits rose in the second quarter behind a rebound in US sales but executives said Wednesday that low-income …
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Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets
Aug 06 2025
Hong Kong carrier Cathay Pacific said on Wednesday it would place a US$8.1 billion order for 14 Boeing jets, its first …
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Swiss president to meet Rubio as surprise tariff hike looms
Aug 06 2025
Switzerland's president met with her country's business representatives Wednesday in Washington -- ahead of scheduled …
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Italy approves plans for world's longest suspension bridge
Aug 06 2025
Italy's government on Wednesday approved a controversial 13.5-billion-euro ($15.6-billion) project to build what would …
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Stocks tick up with eyes on earnings, US tariff deadline
Aug 06 2025
Stock markets edged higher Wednesday as traders assessed the latest corporate earnings and awaited President Donald …
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Berlin wary as Berlusconi group closer to German media takeover
Aug 06 2025
An Italian media group majority-owned by late leader Silvio Berlusconi's family moved closer to taking over a German …
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Ozempic maker Novo Nordisk posts strong results but competition weighs
Aug 06 2025
Danish pharmaceutical giant Novo Nordisk posted a sharp rise in second-quarter net profit Wednesday, but rising …
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German broadcast giant backs takeover by Berlusconi group
Aug 06 2025
German broadcasting giant ProSiebenSat.1 recommended Wednesday that its shareholders accept an improved takeover offer …
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Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss Re
Aug 06 2025
Natural disasters caused $135 billion in economic losses globally in the first half of 2025, fuelled by the Los Angeles …
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German factory orders fall amid tariff, growth woes
Aug 06 2025
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe's biggest economy …
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UK watchdog bans Zara ads over 'unhealthily thin' model photos
Aug 06 2025
Britain's advertising regulator on Wednesday banned two adverts by Spanish clothing group Zara for featuring models that …
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Markets tick up but traders wary as Trump tariffs temper rate hopes
Aug 06 2025
Asian equities edged higher Wednesday as traders weighed Donald Trump's trade war and fresh data that indicated further …
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Taiwan's orchid growers dig in as US tariffs shoot up
Aug 06 2025
Since the start of US President Donald Trump's global trade war, Taiwanese orchid grower Lee Tsang-yu has watched …
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Markets tick higher but traders wary as Trump tariffs temper rate hopes
Aug 06 2025
Asian equities edged higher Wednesday as traders weigh Donald Trump's trade war and fresh data that indicated further …
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Steeper US tariffs take effect on many Brazilian goods
Aug 06 2025
US tariffs on many Brazilian products surged Wednesday, as President Donald Trump moved ahead with a pressure campaign …
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'Not backing down': activists block hydro plants in N.Macedonia
Aug 06 2025
Deep in the rugged forests of North Macedonia, small-hydropower developers are facing off with activists who warn that a …
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Investors walk fine line as Trump tariffs temper rate hopes
Aug 06 2025
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of …
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Trump targets tariff evasion, with eye on China
Aug 06 2025
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting …
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Swiss president rushes to US to avert steep tariffs
Aug 05 2025
Switzerland's president was in Washington on Tuesday in a last-minute push to stop steep new tariffs, but with no …
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Trump says pharma, chips tariffs incoming as trade war widens
Aug 05 2025
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be …
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Wall Street stocks end lower as rally peters out
Aug 05 2025
Wall Street stocks fell Tuesday as a rally ran out of steam following lackluster economic data, while investors monitor …
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Czech driverless train hits open track
Aug 05 2025
A rail line linking two northern Czech towns is testing Europe's first driverless train operating in an open …
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US trade gap shrinks on imports retreat as tariffs fuel worries
Aug 05 2025
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while …
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Plastic pollution treaty talks open with 'global crisis' warning
Aug 05 2025
The 184 countries gathering to forge a landmark treaty on combating plastic pollution were told Tuesday they must find a …
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US data deflates stocks rebound
Aug 05 2025
A stock market rebound lost traction on Tuesday after data showed inflation gathering steam in the US, complicating the …
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Trump signals tariffs on pharma, chips as trade war widens
Aug 05 2025
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be …
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Stocks higher on US Fed rate cuts bets
Aug 05 2025
Global stock markets rose Tuesday as investors grew increasingly confident that the US Federal Reserve will cut interest …
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German car sales jump in July but market still weak
Aug 05 2025
New car sales in Germany posted a big rise in July, official data showed Tuesday, but analysts warned against sounding …
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Guinness owner Diageo ups savings as US tariffs hit
Aug 05 2025
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised …
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Stocks climb tracking tariffs, US Fed
Aug 05 2025
European and Asian stock markets rose Tuesday as tariff threats eased and as investors grow increasingly confident that …
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UN starts new bid to forge plastics treaty amid 'global crisis'
Aug 05 2025
Nations must resolve the global plastics crisis, the head of UN talks told negotiators from 180 countries gathered in …
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Oil giant BP surprises with better than expected earnings
Aug 05 2025
Oil giant BP, which recently pivoted away from green energy, posted Tuesday better-than-expected quarterly earnings and …
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Asian markets track Wall St rally on Fed rate cut bets
Aug 05 2025
Stock markets rose Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next …
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Oil giant BP returns to profit in second quarter
Aug 05 2025
British energy group BP on Tuesday posted a net profit for the second quarter, in contrast to weaker results from energy …
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Saudi Aramco profit drops for 10th straight quarter
Aug 05 2025
Oil giant Saudi Aramco announced its 10th straight drop in quarterly profits on Tuesday as a slump in prices hit …
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Saudi Aramco profit drops 22 percent on lower prices
Aug 05 2025
Saudi Aramco's profit slid 22 percent in the second quarter to 85 billion riyals ($22.67 billion) as a slump in prices …
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Gen Z shift, high costs force UK nightclubs to reinvent
Aug 05 2025
Is the party over? UK nightclubs are famed around the world, but Covid and inflation have hit the sector hard, forcing …
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Dutch windmill village churned by overtourism debate
Aug 05 2025
With its historic windmills and gabled wooden houses nestling by a meandering river, the picture-perfect and …
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Water shortages spell trouble on Turkey's tourist coast
Aug 05 2025
Ali Alyanak and his neighbours in Turkey's tourist hub Izmir now have to draw water from a shrinking aquifer 170 metres …
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Malaysia tycoon pleads guilty in Singapore to abetting obstruction of justice
Aug 05 2025
A Malaysian hotel tycoon who helped bring Formula One to Singapore pleaded guilty there Monday to abetting the …
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Stocks mostly rebound on US interest rate cut bets
Aug 04 2025
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the …
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Boeing defense workers launch strike over contract dispute
Aug 04 2025
Thousands of members of a union representing Boeing defense industry workers in the US states of Missouri and Illinois …
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Trump says to name new labor statistics chief this week
Aug 04 2025
US President Donald Trump said Monday that he would pick an "exceptional replacement" for his labor statistics chief, …
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Swiss eye 'more attractive' offer for Trump after tariff shock
Aug 04 2025
Switzerland said on Monday it was ready to make a better offer to the United States to avoid steep tariffs that have …
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Stocks rebound on US rate cut bets
Aug 04 2025
Most stock markets bounced on Monday on hopes of US interest rate cuts after weak jobs figures raised concerns about the …
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Tesla approves $29 bn in shares to Musk as court case rumbles on
Aug 04 2025
Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting the need to …
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