Business and Tech

Ransomware 'hero' pleads guilty to US hacking charges

AFP - 1h ago

A British computer security researcher once hailed as a "hero" for helping stem a ransomware outbreak and later accused …

Indian extradited to US from Singapore in call center fraud

AFP - 5h ago

Singapore has extradited an Indian national to the United States to face charges in a call center fraud that scammed …

Uzbekistan, S.Korea sign deals worth $12bn during Moon visit

AFP - 8h ago

South Korean President Moon Jae-in on Friday signed deals worth $12 billion with Uzbekistan during a week-long tour of …

US home construction continues to fall in March

AFP - 9h ago

New home building dipped again in March after plunging in February, with declines in single-family and apartment …

India suspends Kashmir border trade with Pakistan

AFP - 15h ago

India has suspended trade across its disputed Kashmir border with Pakistan, alleging that weapons and drugs are being …

Coming soon to China: the car of the future

AFP - 17h ago

Global automakers are positioning for a brave new world of on-demand transport that will require a car of the future -- …

Uber wins $1bn investment from Toyota, SoftBank fund

AFP - 10h ago

Japanese car giant Toyota and investment fund SoftBank Vision Fund on Friday unveiled an investment of $1 billion in US …

LA street vending legalization offers migrants hope, but also challenges

AFP - 21h ago

A chorus of street vendors' pitches ring out on a hot spring day in downtown Los Angeles.

Ghost ships of Lagos, a haven of crime

AFP - 21h ago

The two men in the motorised wooden canoe look around warily as they leave a towering shipwreck in the Lagos lagoon, …

Papa roach: Chinese farmer breeds bugs for the table

AFP - 13h ago

As farmer Li Bingcai opened the door to his cockroach farm in southwest China, an insect the size of a dart flew into …

Facebook says it stored 'millions' of unencrypted Instagram passwords

AFP - 21h ago

"Millions" of Instagram users had their passwords stored in unencrypted form on internal servers, Facebook said …

Amazon, Google agree to allow each other's streaming apps

AFP - 22h ago

Amazon and Google announced Thursday they had agreed to allow each other's streaming media applications to work on their …

Tabloid at center of Trump, Bezos controversies to be sold

AFP - 22h ago

The National Enquirer, a tabloid enmeshed in scandals over the payment of hush money on Donald Trump's behalf and the …

Premier League players to boycott social media in racism protest

AFP - 1h ago

Premier League stars will be among the footballers taking part in a 24-hour social media boycott on Friday as part of a …

New North America trade pact to have 'moderate' positive effect: US report

AFP - 2h ago

The North American trade pact signed last year will have a "moderate" positive effect on the US economy, an independent …

Global stocks mixed ahead of Easter break

AFP - Apr 18 2019

Global stocks finished mixed on Thursday as investors wound down their positions before the Easter break, with strong US …

Tech startups Pinterest, Zoom soar in Wall Street debut

AFP - 10h ago

Pinterest got off to a flying start on Wall Street Thursday in the market debut for the San Francisco-based visual …

Netflix unveils plans for New York production hub

AFP - Apr 18 2019

Netflix announced plans Thursday to create a New York City production center for its original programs that could lead …

US retail spending rebounds in February, driven by autos

AFP - Apr 18 2019

American consumers resumed spending in March, snapping up autos ahead of the summer driving season and pushing the US …

WTO largely sides with US in dispute over China grain import tariffs

AFP - Apr 18 2019

The World Trade Organization on Thursday largely sided with the United States in its Obama-era case against Beijing over …

Nigerian president increases minimum wage by two-thirds

AFP - 24h ago

Nigerian President Muhammadu Buhari on Thursday signed into law an increase by two-thirds to the minimum wage in …

Donations and design squabble shatter French unity over Notre-Dame

AFP - 8h ago

"I believe profoundly that we need to turn this catastrophe into an opportunity to come together," French President …

Putin seeks to reassure visiting French business leaders

AFP - Apr 18 2019

Russian President Vladimir Putin sought to reassure top French business leaders in the Kremlin Thursday as they met …

Stock markets 'checked out' ahead of Easter break

AFP - 3h ago

Stock markets were mixed on Thursday as investors wound down their positions before the Easter break, with positivity …

'Assassin's Creed' game set in Notre-Dame offered free for a week

AFP - 4h ago

The French maker of the blockbuster game "Assassin's Creed Unity", which takes place inside the Notre-Dame cathedral, …

Odebrecht: the scandal shaking Latin America

AFP - 6m ago

The corruption scandal involving Latin America's biggest construction company Odebrecht took a dramatic turn Wednesday …

Ukraine risks defaulting if bank returned to tycoon: president

AFP - Apr 18 2019

Ukrainian President Petro Poroshenko warned on Thursday that the country risks defaulting on its debt if its biggest …

UK's Chrysaor buys North Sea oil assets from ConocoPhillips

AFP - 11h ago

British energy exploring minnow Chrysaor said Thursday it has agreed to buy US giant ConocoPhillips' North Sea oil and …

Unilever says on track for 2019 despite Q1 drop

AFP - 3h ago

Anglo-Dutch food and cosmetics giant Unilever said Thursday it was on track to make its targets for 2019, despite a drop …

Facebook bans UK far-right groups

AFP - 12h ago

Social media giant Facebook on Thursday banned various far-right British groups including the English Defence League …

Google offers Android users choice to satisfy EU

AFP - 12h ago

Google on Thursday said users of its hugely popular Android devices would be offered a choice of five browsers and …

Erdogan slams Western media over negative economy coverage

AFP - 5h ago

Turkey's President Recep Tayyip Erdogan on Thursday criticised Western media coverage of the country's economy after a …

Rich vs poor: Donations row shatters French unity over Notre-Dame

AFP - 5h ago

France's culture minister pleaded Thursday for an end to the controversy over the 850 million euros (950 million …

Stock markets retreat before Easter break

AFP - 3h ago

Stock markets mostly fell on Thursday as investors wound down before the Easter break, with positivity surrounding …

UK retail sales surge despite Brexit uncertainty

AFP - 11h ago

British retail sales rose far more than expected in March, official data showed Thursday, despite political uncertainty …

Portugal petrol strike lifted

AFP - 3h ago

Fuel haulers in Portugal lifted on Thursday a strike that caused long lines at petrol stations days before a long …

Jet shares nosedive after flights grounded, lenders 'hopeful'

AFP - 11h ago

Jet Airways shares plunged more than 32 percent on Thursday, hours after the Indian carrier's final flight landed …

Eurozone business growth lowest since 2014: survey

AFP - 6h ago

Eurozone business growth was at its lowest level since 2014, a closely watched survey said on Thursday, dragged down by …

Flood of lawsuits, flight of investors on cards with US Cuba move

AFP - 5h ago

The US decision to enforce a tough but long-delayed law in Cuba could have far-reaching effects, including triggering an …

Asian markets in retreat ahead of Easter break

AFP - 2h ago

Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive …

Asian markets in retreat as global rally stalls ahead of Easter

AFP - 53m ago

Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive …

Japan's Suzuki in domestic recall of 2 mln vehicles

AFP - 13h ago

Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically, …

Amazon to pull plug on China retail operations: report

AFP - 7h ago

Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of …

Coffee helps Nestle brew up sales growth

AFP - 9h ago

Swiss food giant Nestle said Thursday its sales have climbed, boosted by recent acquisitions including the right to …

Samsung to inspect Galaxy Fold phones after reviewer complaints

AFP - 13h ago

Samsung announced Thursday it will inspect units of its highly anticipated folding smartphone after some reviewers …

Pinterest prices IPO at $19 to begin trading Thursday

AFP - 9h ago

Pinterest on Wednesday announced it would price its initial public offering at $19 a share to begin trading on Wall …

Boeing conducts final test flight of 737 MAX with software fix

AFP - 6h ago

Boeing has conducted a final test flight of a 737 MAX model with an updated anti-stall system prior to its certification …

Asian markets down as global rally takes a break

AFP - 4h ago

Asian markets fell Thursday as investors in most countries wound down going into the long Easter break, with positive …

Unemployment takes heavy toll on South Africa's young

AFP - 13h ago

A large portrait of a bright-eyed young woman draped in a black graduation robe looms over a spotless, tiled lounge in …

How Brexit threatens Falklands' economy -- and Spanish fishermen

AFP - 11h ago

A no-deal Brexit would deal a severe blow to the economy of Britain's Falkland Islands which is heavily dependent on …

Trump ramps up pressure on Cuba in Latin America offensive

AFP - 4h ago

President Donald Trump on Wednesday ramped up pressure on Cuba with new restrictions on US travel and remittances and a …

Canada wants simulator training for 737 MAX fix

AFP - 5h ago

Canada's transport minister on Wednesday called for pilots to get flight simulator training to learn how to use new …

Global stocks mixed as China reports solid economic growth

AFP - 5h ago

Global stocks finished mixed Wednesday following solid Chinese growth data while weakness in IBM and pharma stocks …

India's stricken Jet Airways suspends all operations

AFP - 10h ago

India's debt-stricken Jet Airways halted all of its operations Wednesday after failing to secure emergency funding from …

Block China Mobile from US, FCC chairman says

AFP - 6h ago

The chairman of the top US telecoms regulator on Wednesday announced his opposition to allowing China Mobile to operate …

Trump says US, China trade talks to be 'successful'

AFP - 17h ago

US President Donald Trump on Wednesday held out hope the current trade talks with China will be a success, and said an …

Argentina's Macri freezes prices of basic goods and public services

AFP - 17h ago

Argentina's President Mauricio Macri announced a freeze in the price of basic goods and public services on Wednesday in …

Labor shortages, trade uncertainty weigh on US economy: Fed report

AFP - 13h ago

The US economy has been chugging along, expanding at a "slight-to-moderate pace" but labor shortages and trade …

US-China working to sign new trade agreement in May: report

AFP - 44m ago

US and Chinese officials are tentatively working to finalize a new trade agreement, with a signing ceremony expected as …

Despite grounding, United Airlines still expects new 737 MAX planes in 2019

AFP - 8h ago

United Continental still expects to receive new Boeing 737 MAX planes in 2019 and does not expect a fight with the …

EU, Canada warn of reprisals as US targets foreign interests in Cuba

AFP - 4h ago

The European Union and Canada warned Wednesday of reprisals after the United States for the first time allowed lawsuits …

Police recommend indicting Czech PM for fraud

AFP - 14h ago

Czech police believe billionaire Prime Minister Andrej Babis should be indicted for alleged involvement in EU subsidy …

European stocks take heart from improving growth outlook

AFP - 5h ago

European stock markets mostly rose Wednesday as strong data from the world's two top economies sparked fresh hope for …

Lawsuit accuses Chinese tech billionaire of rape

AFP - 13h ago

A Chinese college student is suing tech billionaire and JD.com founder Richard Liu for allegedly raping her last year …

US forges ahead to allow Cuba lawsuits, defying EU warnings

AFP - 4h ago

The administration of President Donald Trump on Wednesday forged ahead with a long-delayed law that allows lawsuits in …

Disney offers $5 mn for the Notre-Dame it once immortalized on film

AFP - 14h ago

Disney, which scored millions with the 1996 animated blockbuster "The Hunchback of Notre Dame," said Wednesday it would …

US trade deficit hits 8-month low in February on autos, aircraft

AFP - 1h ago

The US trade deficit in February fell to its lowest level in eight months, thanks in part to rising aircraft and auto …

Five things that went wrong for India's Jet Airways

AFP - 19h ago

India's Jet Airways grounded all of its flights Wednesday, leaving the future of around 20,000 staff uncertain after …

Disney donates $5 mn to restore Notre-Dame

AFP - 1h ago

Disney will donate $5 million for the reconstruction of Notre-Dame, the company announced Wednesday, calling the French …

South Korea's Moon kicks off three-country Central Asian tour

AFP - 18h ago

South Korean President Moon Jae-in kicked off a trade and investment-focused tour of Central Asia on Wednesday with a …

US announces Cuba property law despite EU warnings

AFP - 56m ago

The United States said Wednesday that a long-delayed law would go into effect next month that allows lawsuits over …

US firms in China frustrated, business lobby says

AFP - 24h ago

American firms in China remain frustrated and are growing more pessimistic about their prospects in the country, a top …

Basque Country boosts fragile Spanish economy

AFP - 7h ago

At his factory in Elgoibar in Spain's northern Basque Country, Pello Rodriguez stops before an imposing machine tool …

Petrol lines in Portugal as strike bites

AFP - 3h ago

Lines stretched out at petrol stations in Portugal on Wednesday as supplies were hit by a fuel haulers strike days …

EU threatens $12 bn in tariffs over US Boeing subsidies

AFP - 9h ago

The EU on Wednesday unveiled a wide-ranging list of US-made goods, from beeswax to car parts, subject to tariffs in …

Global markets mostly rise on China growth data

AFP - 3h ago

Asian and European stocks mostly rose Wednesday on news that China's economy performed better than expected in the first …

Ericsson, Swisscom launch Europe's first large scale 5G network

AFP - 7h ago

Telecom equipment manufacturer Ericsson said Wednesday it had launched the first European large scale commercial 5G …

Germany further slashes 2019 growth forecast

AFP - 8h ago

Berlin halved its economic growth forecast for 2019 on Wednesday as Europe's largest economy cools off, but ministers …

Foxconn boss to run for Taiwan presidency with blessing of Sea Goddess

AFP - 8h ago

The boss of tech giant Foxconn said Wednesday he will be running for president of Taiwan -- after securing the backing …

Asian markets mostly up after positive China data

AFP - 2h ago

Asian markets mostly rose Wednesday as data showed China's economy grew more than expected in the first three months of …

European car sales stay in reverse

AFP - 8h ago

European car sales fell 3.9 percent in March compared to the same month last year, marking the seventh-straight monthly …

Germany set to further slash 2019 growth forecast

AFP - 2h ago

Berlin is set to further lower its economic growth forecast Wednesday as Europe's largest economy cools off, but …

China growth beats forecasts as economy shows signs of stability

AFP - 5h ago

China's economy expanded more than expected in the first three months of the year as government moves to kickstart …

Amid worries over Russia, Sweden returns troops to Baltic island

AFP - 13h ago

Under an icy rain, camouflage-clad Swedish soldiers crouched behind a log pile, aimed their machine guns towards the …

BMW to recall 360,000 China cars over Takata airbags

AFP - 14h ago

Germany's BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made …

China GDP growth steadies at 6.4% in first quarter

AFP - 2h ago

China's economy beat forecasts as growth remained steady in the first quarter despite tepid global demand, a US trade …

Apple and Qualcomm bury the hatchet in royalties battle royal

AFP - 13h ago

Apple and American microchip manufacturer Qualcomm said Tuesday they have agreed to "dismiss all litigation" against …

Japan's surplus with US up 10 percent amid trade talks

AFP - 13h ago

Japan's monthly trade surplus with the United States grew nearly 10 percent in March, according to official data …

Instagram accounts of Iran Guards commanders blocked

AFP - 8h ago

The Instagram accounts of several Iranian Revolutionary Guards commanders have been blocked, the Tabnak news website …

World Bank making women's entrepreneurship a priority

AFP - 13h ago

Abolishing the myriad of obstacles for African women to become entrepreneurs must be a priority on a continent where …

Russia's Deripaska says US sanctions could shutter auto maker GAZ

AFP - 8h ago

Russian oligarch Oleg Deripaska is adamant that unless the United States lifts sanctions against both him and his …

Stocks rise after solid economic data, earnings

AFP - 15h ago

Global stock markets rose Tuesday following good economic data out of Germany and Britain and generally solid US …

After 23-year delay, US squeezes Cuba on confiscated property

AFP - 13h ago

President Donald Trump will open the way for lawsuits in US courts over property confiscated by Cuba, enforcing a …

Boeing 737 MAX changes deemed 'operationally suitable': FAA

AFP - 13h ago

The changes US aircraft manufacturer Boeing has proposed in the wake of two deadly accidents of its top-selling 737 MAX …

Turkey hopeful US will extend waiver on Iran sanctions

AFP - 54m ago

Turkey voiced hope Tuesday that the United States will extend an exemption in sanctions to allow it to keep buying oil …

EU Parliament rejects bid to strip Exxon lobbyists of access

AFP - 4h ago

The European Parliament on Tuesday rejected a move to strip ExxonMobil lobbyists of their access badges after the US oil …

'Legendary' Notre-Dame roof astounded Middle Ages: carpenter

AFP - 7h ago

The charred roof of the Notre-Dame Cathedral in Paris was once a legend that "astounded the Middle Ages" and still …

US to allow lawsuits over Cuba property confiscation

AFP - 9h ago

President Donald Trump will open the way for lawsuits in US courts over property confiscated by Cuba, enforcing a …

US Democratic lawmakers subpoena banks as part of Trump probe

AFP - 10h ago

Democratic lawmakers investigating President Donald Trump's finances announced Tuesday they have issued subpoenas to …

Markets rise on optimism over trade talks

AFP - 6h ago

Global stock markets mainly rose Tuesday on optimism over trade talks between Beijing and Washington, with corporate …

Donors pledge 700 mn euros to rebuild Notre-Dame

AFP - 11h ago

Pledges from French billionaires, businesses and the public sector to help rebuild Notre-Dame cathedral reached some 700 …

Notre-Dame: the problems with insuring a national monument

AFP - 16h ago

National monuments pose a myriad of problems when it comes to insuring them as the fire at Notre-Dame cathedral in Paris …