Business and Tech

Saudi Arabia committed to Aramco IPO: crown prince

AFP - 5h ago

Saudi Arabia remains committed to selling shares in national oil conglomerate Aramco through an initial public offering …

Damaged Japanese tanker arrives at UAE anchorage

AFP - 5h ago

A Japanese tanker, attacked in the Gulf in an incident that sparked a new standoff between Washington and Tehran, …

From apples to almonds, India hikes tariffs on US goods

AFP - 6h ago

India on Sunday imposed higher tariffs on 28 items imported from the US, in retaliation to Washington's recent …

I, Chatbot: Getting your news from a talkative automaton

AFP - 8h ago

"Do you ever lie to your friends?," Jam asks, popping up in a private message box at the bottom of your screen.

Czech banjos, mandolins win over US bluegrass stars

AFP - 9h ago

Star banjo player Ned Luberecki sits back in an armchair at a Prague music hall, contemplates the instrument he's …

Fall in cobalt price pushes DR Congo to reform economy

AFP - 9h ago

The Democratic Republic of Congo's new leadership is under mounting pressure to diversify the country's economy from its …

The 'richest black nation': Papua New Guinea sets audacious goal

AFP - 9h ago

Papua New Guinea's new prime minister has an ambitious -- cynics would say far-fetched -- objective of turning one of …

Mindfulness profits as meditation apps mature

AFP - 9h ago

From the Zen capital of LA to the Champs Elysees comes the calming voice of a British Buddhist monk-turned entrepreneur, …

American paradox: Deficit widens even as economy grows

AFP - 1h ago

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising …

US Fed leans toward a cut; don't expect one this week

AFP - 11h ago

As President Donald Trump's trade wars drag on, and the global economy weakens, the US Federal Reserve is inching closer …

Cubans feeling the pinch as Trump cruise ban bites

AFP - 2h ago

The waxy sheen on his splendid 1934 Ford glimmers in the Caribbean sun, but nobody is hiring Estaban Estrada's red and …

Gulf powers urge action to secure energy supplies as tankers port-bound

AFP - 13h ago

Saudi Arabia and the UAE on Saturday called for decisive action to protect energy supplies amid a tense US-Iran standoff …

Saudi crown prince lashes out at arch-rival Iran over tanker attacks

Jun 15 2019

Saudi Crown Prince Mohammed bin Salman accused arch-rival Iran of attacks on oil tankers in a vital Gulf shipping …

India set to raise tariffs on some US goods: reports

Jun 15 2019

India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times since …

US grants energy-hungry Iraq new Iran sanctions waiver: source

Jun 15 2019

The United States has granted Iraq another 90-day waiver to continue with vital energy imports from neighbouring Iran …

Hong Kong leader halts extradition bill but opponents vow fresh rally

Jun 15 2019

Hong Kong's embattled leader on Saturday suspended a hugely divisive bill that would allow extraditions to China, in a …

Tanker hit in Gulf attacks heads to port

Jun 15 2019

A Japanese tanker, one of two vessels attacked in sensitive Gulf waters this week, was heading to port Saturday, its …

Hong Kong leader suspends extradition bill after huge protests

Jun 15 2019

Hong Kong's embattled leader on Saturday suspended a hugely divisive bill that would allow extraditions to China in a …

US auto workers at VW plant reject bid to unionize

Jun 15 2019

The United Auto Workers union has suffered a fresh defeat at a Volkswagen plant in Tennessee, with workers narrowly …

Gathering clouds cast shadow over Paris Air Show

Jun 15 2019

Slumping orders, production bottlenecks, regulatory pressures and the prospect of fewer flyers: Aviation executives have …

EU seals deal to end US beef row

Jun 15 2019

The EU has sealed a deal to end a long-running row with Washington over US beef imports, a statement said on Friday, …

Oil rises again on tension fueled by tanker blasts

Jun 15 2019

Oil prices rose again Friday in reaction to geopolitical tension, building on the previous day's surge sparked by blasts …

Maritime industry roiled by tanker attacks

Jun 14 2019

The tanker attacks in the Gulf have roiled the maritime industry, with key players urging restraint over fears over the …

Oil rises again on tension fuelled by tanker blasts

Jun 14 2019

Oil prices rose again Friday in reaction to geopolitical tension, building on the previous day's surge sparked by blasts …

Social media goes blue in solidarity with Sudan protesters

Jun 14 2019

Using the hashtag #BlueForSudan, activists, social media influencers and celebrities have begun a viral campaign to …

French and Italian shipbuilders sign alliance

Jun 14 2019

French shipbuilders Naval Group and Italy's Fincantieri on Friday signed an agreement on Friday to create an 50-50 joint …

Oil rises again on tension fuelled by tanker attacks

Jun 14 2019

Oil prices rose again Friday in reaction to geopolitical tension, building on the previous day's surge sparked by …

German railways to stop using glyphosate on tracks

Jun 14 2019

German state-owned rail operator Deutsche Bahn is to stop using glyphosate on its tracks and is looking for substitutes …

US industrial output rebounds in May

Jun 14 2019

US industrial output rebounded in May due to a jump in utilities and recovery in auto production but the trend this year …

The art of money: New Paris museum puts economy centre stage

Jun 14 2019

Do consumers make rational choices? It might not sound like the title of an art exhibit, but it's one of the questions …

Workers go on strike at Chile's Chuquicamata copper mine

Jun 14 2019

Workers employed by the world's top copper producer went on strike Friday at the sprawling Chuquicamata mine in Chile, …

IEA sees ample oil supplies and weak demand

Jun 14 2019

Tepid growth in demand for oil along with ample supplies from non-OPEC countries will complicate efforts by the cartel …

London Metal Exchange calls time on traders boozing

Jun 14 2019

The London Metal Exchange has ordered traders to refrain from consuming alcohol prior to work, in a further move by …

Vietnam's first homegrown car to be delivered in days

Jun 14 2019

Vietnam's homegrown carmaker VinFast will deliver its first cars on June 17, the company said Friday as it showcased a …

Oil recedes after spiking on tanker attacks

Jun 14 2019

Oil prices retreated Friday on fresh weak demand growth concerns, having spiked the previous day following attacks on …

Under fire over Monsanto's glyphosate, Bayer vows 'transparency'

Jun 14 2019

Pharmaceutical giant Bayer announced Friday plans to invest five billion euros ($5.6 billion) over the next decade in a …

Britain bans 'harmful' gender stereotypes from ads

Jun 14 2019

Ads featuring "harmful gender stereotypes" which are likely to cause offence will be banned in Britain from Friday under …

Lebanon says Russia, Europe eye investment in oil and gas

Jun 14 2019

Russian and European firms are mulling investments in Lebanon's nascent oil and gas sector as it prepares to launch …

EU ministers strike shaky compromise on eurozone budget

Jun 14 2019

EU finance ministers agreed on the broad outlines of a eurozone budget early Friday, a key reform pushed by Paris that …

Hong Kong’s extradition law jolts business community

Jun 14 2019

Top executives in Hong Kong have warned they will have "no reason to stay" if the city's freedoms are damaged by a …

VW aims to raise up to 1.9bn euros by floating Traton

Jun 14 2019

Volkswagen aims to raise between 1.6 billion and 1.9 billion euros ($2.1 billion) by listing between 10 and 11.5 percent …

More worry for China as industrial growth disappoints

Jun 14 2019

China's economy showed further signs of weakness last month, with industrial output posting its slowest growth in 17 …

Asian stocks struggle while oil stabilises, Hong Kong drops again

Jun 14 2019

Most Asian markets fell Friday on geopolitical concerns, uncertainty over the China-US trade row and the outlook for the …

Hong Kongers alarmed by Google translation gaffe

Jun 14 2019

Hong Kong social media lit up on Friday when protesters noticed Google's translation software was briefly churning out a …

Alibaba-linked firms mixed after Hong Kong IPO report

Jun 14 2019

Shares in firms linked to Chinese online retail titan Alibaba were mixed Friday a day after rallying on a report it had …

EU ministers strike compromise on Macron-backed eurozone budget

Jun 14 2019

EU finance ministers agreed on the broad outlines of a eurozone budget early Friday, a key reform pushed by Paris that …

Piracy, collisions, missiles: tankers in troubled waters

Jun 14 2019

Tankers like those apparently attacked Thursday in the Gulf of Oman operate through increasingly treacherous waters, …

Tensions surge as US accuses Iran of attacking tankers

Jun 14 2019

The United States accused Iran of carrying out attacks that left two tankers ablaze in the Gulf of Oman on Thursday, …

Instagram, PlayStation hit with outages

Jun 14 2019

An Instagram outage on Thursday left users of the Facebook-owned social network flocking to Twitter to vent frustration.

Amid privacy firestorm, Facebook curbs research tool

Jun 14 2019

Facebook has curbed access to a controversial feature allowing searches of the vast content within the social network -- …

Oil prices surge after suspected attacks on tankers

Jun 13 2019

World oil prices rose Thursday following suspected attacks on two tankers in the Gulf of Oman, worsening frayed tensions …

Iran 'responsible' for Gulf of Oman attacks: Pompeo

Jun 13 2019

US Secretary of State Mike Pompeo accused Iran of being behind attacks on two tankers in the Gulf of Oman Thursday, and …

EU, Russia voice hope for Ukraine gas transit solution

Jun 13 2019

Russia and the European Union on Thursday expressed hope that a solution could be found to allow gas supply transits …

DRCongo seeks membership of East African trade bloc

Jun 13 2019

Democratic Republic of Congo President Felix Tshisekedi said Thursday that his country was seeking to join the East …

French home of ex-Nissan chief Ghosn searched in Versailles marriage probe: prosecutors

Jun 13 2019

French anti-fraud police on Thursday searched the residence of former Nissan and Renault chief Carlos Ghosn outside …

Tankers ablaze in suspected attacks near Gulf oil chokepoint

Jun 13 2019

Suspected attacks left two tankers ablaze in the waters of the Gulf of Oman on Thursday, sparking fears of a broader …

Senators warn Trump to not use Huawei as chip in trade talks

Jun 13 2019

Two leading US senators warned President Donald Trump's administration Thursday to not use Chinese telecommunications …

German court allows slaughter of male chicks to continue

Jun 13 2019

Germany's top administrative court ruled Thursday that the slaughtering of male chicks may continue in the poultry …

EU ministers collide over timid eurozone reforms

Jun 13 2019

EU finance ministers wrangled over watered-down economic reforms Thursday with France hoping the eurozone budget it has …

Oil prices surge on reported tanker attacks

Jun 13 2019

World oil prices surged Thursday on reports that two tankers had been attacked in the Gulf of Oman, worsening frayed …

Renault and French govt trade blame over failed Fiat deal

Jun 13 2019

French officials rejected Thursday any blame for the abandoned tie-up of Renault and the US-Italian automaker Fiat …

Lorry driver in fatal Paris scooter crash was on drugs: prosecutors

Jun 13 2019

The driver of a lorry involved in a deadly collision with an electric scooter in Paris was under the influence of drugs, …

Two tankers catch fire after suspected Gulf of Oman attacks

Jun 13 2019

Suspected attacks left two tankers in flames in the waters of the Gulf of Oman Thursday, sending world oil prices …

VW says cooperation talks with Ford 'close to completion'

Jun 13 2019

Car giant Volkswagen's talks on co-operation with US-based Ford concerning electric vehicles and automated driving are …

Israel settlement goods should be labelled, EU court advised

Jun 13 2019

A senior advisor to the EU's top court said Thursday it was his legal advice that products from Israeli-occupied …

Swiss ditch Libor as rate reference

Jun 13 2019

Switzerland's central bank said Thursday it was dropping Libor as a reference in setting interest rates in another blow …

Telegram traces cyber-attack during HK protests to China

Jun 13 2019

Encrypted messaging service Telegram suffered a major cyber-attack that originated from China, the company's CEO said …

Two oil tankers evacuated after reported attack in Gulf of Oman

Jun 13 2019

The crews of two oil tankers were evacuated off the coast of Iran on Thursday after they were reportedly attacked and …

Trade tensions boosted euro's global role in 2018: ECB

Jun 13 2019

Fear of trade conflicts, sanctions and challenges to the multilateral order contributed to a rebound in worldwide use of …

EU ministers collide over mini eurozone budget

Jun 13 2019

EU finance ministers will consider a set of watered-down eurozone reforms Thursday but may yet struggle to sign off on …

Oil prices surge after US reports tankers attacked

Jun 13 2019

Oil prices soared Thursday after the US Navy reported two tankers had been attacked in the Gulf of Oman, fanning …

Tesco logs subdued quarterly sales

Jun 13 2019

Britain's biggest retailer Tesco on Thursday posted subdued sales for the first quarter of its financial year, citing …

French state 'did not derail' Renault-Fiat deal: finance minister

Jun 13 2019

French Finance Minister Bruno Le Maire said Thursday that the government was not to blame for a failed "merger of …

Australia approves vast coal mine near Great Barrier Reef

Jun 13 2019

Australia approved Thursday the construction of a controversial coal mine near the Great Barrier Reef, paving the way …

Hong Kong leads way again as Asia markets suffer fresh losses

Jun 13 2019

Asian markets fell Thursday with Hong Kong suffering a second straight day of losses as investors fret over the impact …

Australia approves vast Adani coal mine

Jun 13 2019

Australia approved the construction of a controversial coal mine near the Great Barrier Reef on Thursday, paving the way …

'Don't drink and drone,' say Japanese MPs

Jun 13 2019

People in Japan operating drones under the influence could face up to a year in prison under new laws passed Thursday …

Telegram hit by cyber-attack, CEO points to HK protests, China

Jun 13 2019

Encrypted messaging service Telegram suffered a major cyber-attack that appeared to originate from China, the company's …

Hong Kong leads way again in fresh Asia market sell-off

Jun 13 2019

Asian markets fell again Thursday with Hong Kong suffering a second straight day of heavy losses as investors fret over …

Turkish artist goes viral with stark misery/comfort images

Jun 13 2019

A Starbucks cup merging with a crowd around a dried-up well, or a yacht spliced with a boat full of refugees: powerful …

More than 3,200 workers at Chile state-run miner Codelco to strike

Jun 13 2019

More than 3,200 workers at Chile's huge Chuquicamata copper mine plan to go on strike this week after union-management …

Global stocks sag amid trade uncertainty, oil prices fall

Jun 12 2019

Stock markets pulled back on Wednesday amid lingering trade war worries, with Asian markets also buffeted by unease over …

Uber eyes drones for food delivery, unveils new autonomous car

Jun 12 2019

Uber said Wednesday it plans to speed up restaurant meal delivery by using drones for its Uber Eats service, in the …

Germany raises 6.5 bn euros from sale of 5G frequencies

Jun 12 2019

Germany has raised some 6.5 billion euros ($7.3 billion) from the sale of 5G frequencies to telecoms firms, the Federal …

US Energy Dept blocks participation in China's 'Thousand Talents' program

Jun 12 2019

The US Department of Energy has moved to block its scientists from participating in China's controversial "Thousand …

Cocoa prices soar as ICoast, Ghana threaten supply cut

Jun 12 2019

Cocoa prices rose sharply on Wednesday after key producers Ivory Coast and Ghana threatened to stop selling their …

US regulator urges review of financial risk posed by climate change

Jun 12 2019

In the wake of renewed devastation from extreme weather in recent months, a top US financial regulator on Wednesday …

Renault vows 'fresh start' for alliance with Nissan

Jun 12 2019

Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, …

Syria parliament okays Russian lease of Tartus port: state media

Jun 12 2019

Syria's parliament on Wednesday ratified a bill handing management of the country's largest port to a Russian firm for …

Norway forces sovereign wealth fund to go greener

Jun 12 2019

Norway's sovereign wealth fund, the world's largest at more than $1 trillion, is set to become greener by withdrawing …

Cocoa futures surge as ICoast, Ghana seek higher prices

Jun 12 2019

Cocoa futures rose sharply on Wednesday following reports that key producers Ivory Coast and Ghana had stopped sales in …

Facebook says video shows reach 720 mn viewers

Jun 12 2019

Facebook said Wednesday some 720 million people are watching its original video shows, making it a growing part of the …

Swedish start-up secures funds for battery 'gigafactory'

Jun 12 2019

Swedish start-up Northvolt Wednesday announced it had secured funding, in large part from Volkswagen, for Europe's …

Uber to use drones for food delivery, unveils new autonomous car

Jun 12 2019

Uber said Wednesday it would begin testing food delivery by drone as it ramps up its Uber Eats service that partners …

US consumer inflation slows in May on cheap energy, used cars

Jun 12 2019

Falling prices for energy and used cars held down US inflation in May, extending the long run of soft price pressures, …

Kenyans protest bid to build East Africa's first coal plant

Jun 12 2019

Scores of Kenyans on Wednesday protested against a project to build a coal power station near the Lamu archipelago, a …

Renault boss battles to keep carmaker on track

Jun 12 2019

When he was tapped to succeed fallen auto titan Carlos Ghosn as head of Renault in January, Jean-Dominique Senard was …

Renault faces shareholders as Nissan crisis deepens

Jun 12 2019

Bosses at French carmaker Renault were expected to face robust questioning by shareholders Wednesday following the …

German supermarket Lidl to increase London presence

Jun 12 2019

German supermarket group Lidl on Wednesday said it will open more than 40 new stores in and around London over the next …

Zara-owner Inditex profits jump on record sales

Jun 12 2019

Spanish retail giant Inditex, which owns the Zara clothing brand, said Wednesday that its first-quarter profits rose due …

Hong Kong stocks tumble as city hit by protests

Jun 12 2019

Stocks sank in Hong Kong as the city was hit by huge protests that saw tens of thousands of people block key roads, …

Asian markets retreat as protests batter Hong Kong

Jun 12 2019

Asian markets fell Wednesday after two days of healthy gains, with Hong Kong the worst performer -- sinking two percent …