Business and Tech

'No other option': Russia's unequal economic marriage with China

Mar 19 2023

Russia has found itself in an unequal relationship with China since intensifying its pivot toward Beijing after the …

French protest over Macron forcing through pension reform

Mar 19 2023

People took to the streets across France on Saturday after President Emmanuel Macron imposed an unpopular pension …

US Fed to balance banking woes, inflation in next rate decision

Mar 19 2023

US central bankers face an unenviable task when they gather in Washington next week: tackling persistent inflation …

How AI could upend the world even more than electricity or the internet

Mar 19 2023

The rise of artificial general intelligence -- now seen as inevitable in Silicon Valley -- will bring change that is …

UBS and Credit Suisse: similar Swiss banks with differing fortunes

Mar 18 2023

UBS and Credit Suisse, the two biggest banks in Switzerland, are in takeover talks, according to several media -- a move …

UBS in talks to save Credit Suisse

Mar 18 2023

Credit Suisse is in advanced talks with its larger Swiss rival UBS about a deal to salvage Switzerland's second-biggest …

Latin finance ministers meet in Panama under shadow of US bank crisis

Mar 18 2023

Top financial officials from Latin American and Caribbean countries are meeting Saturday in an annual conclave of the …

France bans pension protests opposite parliament

Mar 18 2023

France on Saturday banned protests opposite parliament after a second night of unrest sparked by President Emmanuel …

Crunch weekend for crisis-hit Credit Suisse

Mar 18 2023

Troubled Credit Suisse has two days to reassure before the markets open Monday with the spectre of a new turbulent week …

France faces weekend of protests over pension reform

Mar 18 2023

France on Saturday braced for a weekend of protests after a second night of unrest sparked by President Emmanuel Macron …

Censorship or evolution? 'Sensitivity readers' divide publishing world

Mar 18 2023

It's a profession which is increasingly under the spotlight as the culture wars rumble on: "sensitivity readers" -- …

Huawei has replaced thousands of US-banned parts with Chinese versions: founder

Mar 18 2023

Chinese technology giant Huawei has replaced thousands of product components banned by the United States with homegrown …

JPMorgan's Jamie Dimon plays key role in bank rescue, in echo of 2008

Mar 18 2023

Consulted by policymakers and able to nudge his peers into action, JPMorgan Chase CEO Jamie Dimon played a key role in a …

In US, 'tip fatigue' raises questions about sacrosanct habit

Mar 18 2023

To tip, or not to tip? That is the question many Americans are grappling with in a country where the tip is king -- but …

French govt faces no-confidence votes over pensions fight

Mar 17 2023

French President Emmanuel Macron's government on Friday faced no-confidence motions in parliament and intensified …

Musk says code for recommending tweets will be public

Mar 17 2023

Twitter owner Elon Musk on Friday put out word that he will make public the long-secret algorithm for recommending …

Bank fears return to haunt global stock markets

Mar 17 2023

Stocks markets tumbled again on Friday as fears of a banking crisis resurfaced despite massive financial lifelines …

'I'M BACK': Trump returns to Facebook, YouTube after two-year ban

Mar 17 2023

Former president Donald Trump wrote his first posts on his reinstated Facebook and YouTube accounts Friday, more than …

'I'M BACK': Trump returns to Facebook, YouTube after ban lifted

Mar 17 2023

Former president Donald Trump wrote his first posts on his reinstated Facebook and YouTube accounts Friday, more than …

Interest rate risk: SVB's nemesis a well-known foe in banking

Mar 17 2023

Among the mysteries surrounding the collapse of Silicon Valley Bank, finance experts have fixated on the California …

Credit Suisse at a crossroads as stocks slide again

Mar 17 2023

Credit Suisse shares fell again Friday despite being bolstered by the Swiss central bank as investors worry about which …

Macron govt faces no-confidence vote over pensions fight

Mar 17 2023

French President Emmanuel Macron's government on Friday faced no-confidence motions in parliament and intensified …

Bank fears return to haunt stock markets

Mar 17 2023

Stocks markets tumbled again on Friday as fears of a banking crisis resurfaced despite massive financial lifelines …

OECD raises global growth forecast but recovery 'fragile'

Mar 17 2023

The OECD raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid …

Belarus jails top news site managers for 12 years

Mar 17 2023

Belarus on Friday handed long jail terms to senior staff at the country's largest independent news site, which was …

NATO, EU chiefs tour Norway gas platform

Mar 17 2023

The NATO and EU chiefs visited a North Sea gas platform on Friday as Norway's prime minister vowed to keep up deliveries …

Stocks slide as bank fears return to the forefront

Mar 17 2023

US and European stock markets fell on Friday as fears over the health of the banking system festered despite the latest …

Microsoft seeks EU nod for Activision Blizzard bid with new offer

Mar 17 2023

Microsoft said on Friday that it has offered formal commitments to the EU in its bid to persuade the bloc to approve its …

France's Macron: defiant yet weakened after pensions debacle

Mar 17 2023

French President Emmanuel Macron might be on the verge of securing his cherished reform of the pension system, but …

Macron faces new fury after forcing through France pension law

Mar 17 2023

French President Emmanuel Macron on Friday faced intensified protests and a no confidence motion in parliament after …

Stock markets recover further on easing bank fears

Mar 17 2023

Asian and European stock markets mostly rose Friday, extending a global rally, as traders welcomed a …

French roads blocked, refineries on strike after Macron pension move

Mar 17 2023

Protesters blocked a key highway around the French capital and escalated strikes at refineries Friday in a new show of …

Markets extend global rally as banking sector fears ease

Mar 17 2023

Asian and European markets rose Friday, extending a global rally, as traders welcomed multi-billion-dollar shows of …

Crypto-linked bank failures fuel regulation debate

Mar 17 2023

The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, …

Asian markets extend global rally as banking sector fears ease

Mar 17 2023

Asian markets rose Friday, tracking New York and European equities, as traders welcomed multi-billion-dollar shows of …

Macron faces further fury after pushing through France pension law

Mar 17 2023

French President Emmanuel Macron on Friday faced intensified protests and accusations of anti-democratic behaviour after …

Wall Street giants move to rescue First Republic Bank

AFP - 29m ago

America's largest banks moved Thursday to shore up First Republic, easing fears that the regional lender could be the …

Meta maps way to 'kill' online deception campaigns

AFP - 39m ago

Meta on Thursday released a framework for exposing and combating malicious online campaigns from election lies to …

Credit Suisse bounces back but caution lingers

Mar 17 2023

Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to …

Sanofi, joining other drug makers, slashes US insulin price

Mar 17 2023

French pharmaceutical giant Sanofi announced on Thursday it would cut the US price of its most prescribed insulin by 78 …

Protests rock France after Macron rams through pension reform

Mar 16 2023

French President Emmanuel Macron's government on Thursday rammed a controversial pension reform through parliament …

Pornhub parent bought by Canadian private equity firm

Mar 16 2023

Canadian private equity firm Ethical Capital Partners announced Thursday its purchase of beleaguered MindGeek which …

Global stocks rally on 'dovish' ECB hike, First Republic relief package

Mar 16 2023

Wall Street rallied Thursday after a consortium of US private banks announced a $30 billion rescue package for First …

ECB sticks to planned rate hike despite turmoil

Mar 16 2023

The European Central Bank stuck to a planned interest rate increase Thursday as it remained laser-focused on battling …

France's Macron rams through pension reform without vote

Mar 16 2023

French President Emmanuel Macron's government on Thursday rammed a controversial pension reform through parliament …

Italy's Meloni revives contentious Sicily bridge plan

Mar 16 2023

Italian Prime Minister Giorgia Meloni's cabinet passed a decree Thursday relaunching a controversial project to build a …

Yellen says US banking system sound despite turmoil

Mar 16 2023

The US banking system remains sound despite market anxiety over the recent collapse of Silicon Valley Bank (SVB) and …

Global stocks rally after ECB lifts rates amid First Republic rescue talk

Mar 16 2023

Wall Street rallied Thursday on reports that private US banks were in talks to save First Republic Bank while European …

Microsoft applies AI powers to Excel, Outlook

Mar 16 2023

Microsoft pressed on with its AI revolution on Thursday, announcing that it would apply the powers behind ChatGPT to its …

Poland to be first NATO member to send fighter jets to Ukraine

Mar 16 2023

Polish President Andrzej Duda on Thursday said Warsaw would deliver an initial batch of four MiG-29 fighter jets to …

Credit Suisse bounces back but investors still cautious

Mar 16 2023

Credit Suisse rallied on the stock market Thursday after grabbing a $54 billion central bank lifeline in a bid to …

How did France's government impose its pension reform?

Mar 16 2023

The constitutional power used by the French government on Thursday to ram through parliament a hotly contested pension …

Stocks surge on 'dovish' ECB rate hike

Mar 16 2023

Stocks surged higher Thursday after the European Central Bank went ahead with a big interest rate hike despite fears of …

China says US 'suppressing' TikTok after ban ultimatum

Mar 16 2023

China urged the United States to stop "unreasonably suppressing" TikTok on Thursday, after Washington gave the popular …

Macron rams through pension change without parliament vote

Mar 16 2023

French President Emmanuel Macron on Thursday rammed a controversial pension reform through parliament without a vote, …

Farmer protest party wins 'monster' Dutch vote victory

Mar 16 2023

The Netherlands faced a political earthquake Thursday after a farmers' protest party won key elections, throwing the …

S.Africa to heighten security as opposition plans strike: Ramaphosa

Mar 15 2023

President Cyril Ramaphosa warned Thursday that South Africa's security forces would protect the country from "disorder …

From acclaim to blame: Lebanon's bank chief Riad Salameh

Mar 15 2023

Lebanon's central bank chief Riad Salameh, once lauded for reviving the economy, faces investigations into his personal …

Clashes in Greece as thousands protest train tragedy

Mar 15 2023

Greek police fired tear gas and protesters hurled firebombs on Thursday as more than 40,000 people took to the streets …

EU races to lead green tech battle against US, China

Mar 15 2023

The EU on Thursday announced plans to push the bloc's businesses to produce more clean technology in Europe to challenge …

Shares of First Republic plunge after report of possible sale

Mar 15 2023

Shares of First Republic Bank nosedived on Wall Street Thursday following a report that the embattled California bank is …

Stocks waver after ECB rate hike

Mar 15 2023

Stock markets wobbled on Thursday after the ECB went ahead with a big interest rate hike despite fears of a banking …

Green tech boom looms but poor nations risk being eclipsed: UN

Mar 15 2023

The green technology industry could be worth several trillion dollars by 2030 but developing countries will miss out on …

Deliveroo reduces losses on cost-cutting

Mar 15 2023

Deliveroo reduced net losses last year on cost-cutting, while revenues rallied on higher pricing in the face of soaring …

European stocks rebound as Credit Suisse grabs lifeline, ECB meets

Mar 15 2023

European stock markets rebounded slightly Thursday after troubled banking giant Credit Suisse secured a big financial …

France to force Paris binmen back to work as trash stacks up

Mar 15 2023

France will force Paris rubbish collectors to return to work after a days-long strike against pension reforms has left …

More than 40,000 protest over Greek train tragedy

Mar 15 2023

Tens of thousands of people protested across Greece on Thursday as workers staged a mass strike to voice outrage over …

Market turmoil tests ECB rate hike appetite

Mar 15 2023

The ECB will Thursday become the first major central bank to meet since markets were rocked by banking crisis fears, …

One billion users, but trouble mounts for TikTok

Mar 15 2023

TikTok's breakneck rise from niche video-sharing app to global social media behemoth has brought plenty of scrutiny, …

Credit Suisse capital, liquidity adequate: central bank

Mar 15 2023

The Swiss central bank said on Wednesday that capital and liquidity levels at embattled Credit Suisse were adequate but …

Court gives Bolsonaro 5 days to hand over Saudi jewels

Mar 14 2023

A Brazilian court ruled Wednesday ex-president Jair Bolsonaro has five days to hand over pricey jewelry he received as a …

Credit Suisse customers confident despite stock slump

Mar 14 2023

Credit Suisse customers in Geneva were not spooked by the bank's plunge on the stock exchange Wednesday, believing the …

Hundreds of thousands of workers strike in latest UK industrial action

Mar 14 2023

Teachers, London Underground train drivers and civil servants joined striking doctors Wednesday in a mass stoppage, just …

Garbage mounts in Paris as Macron eyes French pension reform vote

AFP - 26m ago

Uncollected rubbish mounted in the streets of Paris on Wednesday and hundreds of thousands of people marched in …

Credit Suisse customers unruffled by stock slump

Mar 14 2023

Credit Suisse customers in Geneva were not spooked by the bank's plunge on the stock exchange Wednesday, believing the …

UK unveils cost-of-living budget as strikes rage

Mar 14 2023

Britain's government on Wednesday vowed a hefty £94 billion ($114 billion) in cost-of-living support for this year and …

Bank collapse 'part of the game' for Texas fest startups

Mar 14 2023

The South by Southwest arts and tech festival was just moving into high gear when news spread that Silicon Valley Bank …

Credit Suisse shares sink as top shareholder rules out more cash

Mar 14 2023

Credit Suisse shares nosedived to historic lows Wednesday after its main shareholder said it would not invest any more …

Riyadh Air plans new orders ahead of 2025 take-off: CEO

Mar 14 2023

Saudi Arabia's new national airline plans more aircraft orders as it prepares to operate its first flights in early …

'Very difficult': UK shoppers still worried despite budget

Mar 14 2023

Scanning the normally bustling north London market where he runs a fruit-and-vegetable stall, David White lamented the …

Stock markets in 'bloodbath' as bank fears resurface

Mar 14 2023

Stock markets sank on Wednesday on renewed fears of a burgeoning banking crisis, snapping a one-day rally as Credit …

Last-gasp garbage strike seeks to thwart French pension reform

Mar 14 2023

Uncollected rubbish clogged streets in France's capital on Wednesday as unions made a last-minute bid to stop a deeply …

Zara owner Inditex posts record profit

Mar 14 2023

Zara owner Inditex, the world's biggest fashion retailer, reported record profits for 2022 despite halting operations in …

US retail sales and producer prices fall, easing Fed pressure

Mar 14 2023

US retail sales and wholesale prices slipped in February, according to government data released Wednesday, providing …

Damages claim against BHP over Brazil dam jumps to £36bn: law firm

Mar 14 2023

A damages claim faced by global mining firm BHP over a deadly 2015 Brazilian dam collapse has risen to an estimated £36 …

SVB collapse calls for finance rethink: Stiglitz

Mar 14 2023

In the wake of the collapse of Silicon Valley Bank that has shaken world markets, Nobel economics prize laureate Joseph …

SVB collapse calls for finance rethink financial: Stiglitz

Mar 14 2023

In the wake of the collapse of Silicon Valley Bank that has shaken world markets, Nobel economics prize laureate Joseph …

Strikes-hit UK pledges £94 bn in cost-of-living budget

Mar 14 2023

Britain on Wednesday said its cost-of-living support for this year and next would total £94 billion ($114 billion), as …

Dutch farmers set to turn protests into votes

Mar 14 2023

A new party of Dutch farmers aimed to plough up Prime Minister Mark Rutte's environmental plans on Wednesday in crucial …

Russia's oil revenue sinks as price cap bites: IEA

Mar 14 2023

Russia's oil-export revenue sank by almost half in February compared to last year as Western powers tightened sanctions …

European stock markets, euro slump on banking fallout

Mar 14 2023

Europe's stock markets and the euro slumped Wednesday on renewed fears of contagion following the collapse of Silicon …

South Korea to build 'world's largest' chip centre

Mar 14 2023

South Korea said Wednesday it would build the world's largest chip centre using $230 billion of private investment …

UK unveils cost-of-living budget as mass strikes hit nation

Mar 14 2023

Britain on Wednesday unveils a new cost-of-living budget, including more help on soaring energy bills, but the …

Strike grips Sri Lanka as unions protest IMF bailout

Mar 14 2023

Sri Lanka deployed armed troops as trade unions crippled hospitals, ports and banks Wednesday to protest against high …

Asian markets rally as bank worries ebb, Fed rates back in view

Mar 14 2023

Asian markets bounced Wednesday as concerns about contagion from the collapse of two US regional lenders eased while …

China retail sales up in New Year after Covid reopening

Mar 14 2023

Chinese retail sales rebounded in January and February as Beijing abandoned its suffocating zero-Covid policy, reopening …

Brazil footballers say they fell victim to crypto scam

Mar 14 2023

Three Brazilian footballers, including Nottingham Forest midfielder Gustavo Scarpa, say they have fallen victim to a …

Africa pays the price as China and Russia muscle in

Mar 14 2023

China and Russia are bolstering their presence in Africa to tap its rich natural resources, analysts say, amid grave …

US banking crisis dogs markets

Mar 14 2023

Stock markets sank further in Asia and faltered in Europe on Tuesday, with banks sliding again on contagion fear after …

Taiwan unveils portable attack drone as China tensions rise

Mar 14 2023

Taiwan unveiled its first portable attack drone on Tuesday, an unmanned aerial vehicle similar to a US model used in …

Art auctions hit record in 2022 despite economic gloom

Mar 14 2023

More than a million artworks were put up for auction for the first time in 2022 despite a gloomy global economy, …

Asian markets sink as SVB contagion fears hit banking sector

Mar 14 2023

Asian markets sank Tuesday, with banks bearing the brunt of the selling on fears of contagion in the sector after the …

Embattled Credit Suisse admits 'material weaknesses'

Mar 14 2023

Credit Suisse acknowledged Tuesday "material weaknesses" in its internal controls as the scandal-hit Swiss bank released …

SVB's demise: Why didn't US bank regulators see it coming?

Mar 14 2023

With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not …

SVB collapse causes headaches for US Fed before rate decision

Mar 14 2023

The dramatic implosion of Silicon Valley Bank (SVB) last week could bring the Federal Reserve's current cycle of …

Indonesians seeking climate justice take aim at Swiss concrete giant

Mar 14 2023

Sitting near a wall of stacked rocks, fisherman Mustagfirin looks out to sea from the tiny Indonesian island of Pari, …

Hot spring baths block Japan's geothermal potential

Mar 14 2023

With over 100 active volcanos, Japan has the world's third largest geothermal resources, but also a powerful industry …

Australia to buy US nuclear subs in ambitious new pact

Mar 14 2023

Australia has unveiled plans to buy up to five US nuclear-powered submarines, then build a new model with US and British …

California court upholds Uber drivers being contractors

Mar 14 2023

A California appeals court on Monday upheld a state law letting Uber, Lyft and other app-based, on-demand companies …

Regret and blame in Silicon Valley after bank run

Mar 14 2023

The nearly overnight collapse of Silicon Valley Bank has left the US tech scene in shock, wondering how one of its most …

China lifts sweeping visa curbs on foreigners

Mar 13 2023

China will once again start issuing a range of visas to foreigners as of Wednesday, the country's embassy in Washington …

Russia agrees to 60-day Ukraine grain deal extension

Mar 13 2023

Russia agreed Monday to extend the Ukraine grain export deal, but only for a further 60 days, in a proposal criticised …

Biden reassures Wall Street but Europe slumps on bank worries

Mar 13 2023

European stocks plunged and Wall Street equities were mixed Monday after US President Joe Biden sought to give …

Biden says US banking system 'safe' despite contagion fears

Mar 13 2023

President Joe Biden sought to reassure Americans over the country's financial system Monday as more US banks and leading …

Customers calm at under-pressure US banks

Mar 13 2023

Customers of under-pressure US banks said Monday they were reassured after authorities stepped in to protect deposits, …

UK boosts security spending against China and Russia threats

Mar 13 2023

Britain on Monday detailed plans to bolster military and security spending to confront the "epoch-defining challenge" …

Ukraine troops wrap up Leopard tank training in Spain

Mar 13 2023

Ukrainian soldiers wrap up this week a four-week training course in Spain on how to operate the Leopard 2 tanks Western …

Russia agrees to 60-day Black Sea grain deal extension

Mar 13 2023

Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations on Monday -- but only …

Biden administration approves controversial Alaska oil drilling project

Mar 13 2023

The Biden administration, brushing aside climate concerns from environmental groups, approved a controversial oil …

Biden reassures Wall Street but European stocks slump

Mar 13 2023

Wall Street stocks rose on Monday after US President Joe Biden sought to reassure that the US banking system is sound …

Biden administration approves Alaska oil drilling project

Mar 13 2023

The Biden administration, brushing aside pressure from environmentalists, on Monday approved a controversial oil …

Indonesian farmers fight for their land in nickel mining boom

Mar 13 2023

Three women with machetes stood guard at their farm hilltop on Indonesia's Wawonii Island, directing their blades …

UN, Russia in Ukraine grain deal talks

Mar 13 2023

The United Nations and Russia began talks Monday on renewing the Ukraine grain export deal, which has helped ease the …

Biden says US banking system 'safe' as regulators seek to avoid contagion

Mar 13 2023

President Joe Biden sought to reassure Americans over the country's banking system Monday, while insisting emergency …

European equities dive on fears of US banking crisis

Mar 13 2023

European stocks tanked Monday while US stocks fell as investors shrugged off global efforts to stem a fast-moving crisis …

Porsche backs synthetic option in EU fossil fuels row

Mar 13 2023

The CEO of German auto giant Volkswagen and its luxury subsidiary Porsche on Monday backed moves by Berlin to block a …

Pfizer buys biotech firm Seagen for $43 billion

Mar 13 2023

US pharmaceutical giant Pfizer announced Monday that it had reached a deal to buy biotech firm Seagen, specializing in …

Biden to speak on SVB collapse, reassure world on US banking resilience

Mar 13 2023

President Joe Biden was set to try and reassure the world of the resilience of the US banking system Monday, as US and …

UAE's ADNOC Gas shares surge 19% in $2.5bn IPO

Mar 13 2023

Shares in the United Arab Emirates' ADNOC Gas rose 19 percent in their first day of trading on Monday in a $2.5 billion …

Bank jitters fuel uncertainty as ECB eyes next rate hike

Mar 13 2023

The European Central Bank is poised to raise interest rates again on Thursday to tackle inflation, but the sudden …

Governments vet crucial UN climate science report

Mar 13 2023

Diplomats from nearly 200 nations and top climate scientists began a week-long huddle in Switzerland on Monday to distil …

US rushes to contain SVB fallout, Biden vows to fix 'mess'

Mar 13 2023

US and European authorities moved to ease fears over the health of the banking system following the failure of Silicon …

HSBC buys failed US bank SVB's UK arm for £1

Mar 13 2023

The UK arm of failed US lender Silicon Valley Bank has been bought by HSBC for a nominal £1 ($1.2) in a rescue deal, the …

Markets mixed as traders weigh US support after SVB collapse

Mar 13 2023

Equity markets were mixed Monday as US pledges to backstop troubled lenders helped soothe concerns about the US …

Most Asian markets sink after US lender's collapse

Mar 13 2023

Most Asian markets fell Monday as the closure of two regional US banks sparked fears of contagion in the financial …

UAE's ADNOC Gas shares surge 25% in $2.5bn IPO

Mar 13 2023

Shares in the United Arab Emirates' ADNOC Gas soared 25 percent in opening trade on Monday in a $2.5 billion initial …

China premier warns 2023 growth target 'no easy task'

Mar 13 2023

China's new premier warned Monday that the country's five-percent growth target for 2023 would not be "easy" to achieve, …

UAE's ADNOC Gas to start trading in $2.5bn IPO

Mar 13 2023

UAE state energy company ADNOC's recently formed gas unit will launch on the Abu Dhabi stock market on Monday in a $2.5 …

ECB seen hiking rates again, but for how much longer?

Mar 13 2023

The European Central Bank is all but certain to raise interest rates again on Thursday, shifting analysts' attention to …

US regulators rush to contain SVB fallout, Biden vows to fix 'mess'

Mar 13 2023

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and …

US regulators rush to contain SVB fallout, as a second bank fails

Mar 13 2023

US authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and …

Yellen rules out SVB bailout but US said to weigh protecting deposits

Mar 12 2023

Treasury Secretary Janet Yellen said Sunday the government wants to avoid financial "contagion" from Silicon Valley …

Swiss city Lucerne votes to restrict Airbnb rentals

Mar 12 2023

The Swiss city of Lucerne voted Sunday to limit short-term rentals, including on the Airbnb platform, to a maximum of 90 …

US govt rules out SVB bailout, wants to avoid 'contagion': Yellen

Mar 12 2023

US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the …

Saudi unveils new airline to compete with Gulf rivals

Mar 12 2023

Saudi Arabia announced Sunday the creation of a new national airline, part of a plan to turn Riyadh into a global …

British tech sector 'at serious risk' after SVB collapse: govt

Mar 12 2023

Britain's technology and life sciences sectors are at "serious risk" following the closure of the Silicon Valley Bank, …

Saudi Aramco reports 'record' $161 billion profit for 2022

Mar 12 2023

Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged …

At San Francisco expo, AI 'sorry' for destroying humanity

Mar 12 2023

Advances in artificial intelligence are coming so hard and fast that a museum in San Francisco, the beating heart of the …

Saudi Aramco reports 46% jump in profits for 2022

Mar 12 2023

Saudi Aramco reported on Sunday that profits jumped 46 percent last year, highlighting how a surge in oil prices after …

China retains central bank chief in unexpected move

Mar 12 2023

China retained its central bank chief Sunday in a surprise move, as the country appointed a cabinet focused on fighting …

VW joins e-car price war as global rivalry heats up

Mar 12 2023

German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance …

Worry for tech startups after Silicon Valley Bank failure

Mar 12 2023

Silicon Valley Bank's stunning collapse has led to the freezing of tens of billions of dollars stored there by startups …

French Senate approves pensions reform as protests appear to lose steam

Mar 11 2023

France's Senate voted late Saturday to approve a deeply unpopular reform to the country's pension system, hours after …

Launch of world's first 3D-printed rocket canceled at last second

Mar 11 2023

The launch of the world's first 3D-printed rocket was ultimately scrubbed after several tries on Saturday, marking a new …

French protests lose steam as pensions reform nears final vote

Mar 11 2023

Demonstrators in France took to the streets Saturday for a seventh day of protest against President Emmanuel Macron's …

World's first 3D-printed rocket set for inaugural flight

Mar 11 2023

The world's first 3D-printed rocket is scheduled to blast off from Florida on Saturday on the maiden flight of an …

Private firm to launch maiden rocket flight in Spain

Mar 11 2023

A micro rocket built by a Spanish company will lift off within several weeks, Prime Minister Pedro Sanchez said on …

SVB's demise a sign of worry, but limited contagion risk: analysts

Mar 11 2023

The surprisingly rapid implosion of Silicon Valley Bank has markets jittery over a potential sign of widespread turmoil, …

Markets rattled as bank shares hammered

Mar 10 2023

Global markets took a beating on Friday as US jobs data boosted the likelihood of further aggressive interest rate …

US closes Silicon Valley Bank in biggest collapse since 2008

Mar 10 2023

US regulators pulled the plug on Silicon Valley Bank on Friday in a spectacular move that sent global banking shares …

Belgian government bans TikTok on official phones

Mar 10 2023

Belgian Prime Minister Alexander De Croo on Friday banned federal officials from using TikTok on their work phones, …

US firm reaches next stage in Man Utd bidding process

Mar 10 2023

US hedge fund Elliott Investment Management has made it through to the second stage of the bidding process in the …

Meta working on potential Twitter rival

Mar 10 2023

Facebook owner Meta is working on a new "text sharing" social media network, it said Friday, in a project seen as a …

Markets in turmoil as US closes Silicon Valley Bank

Mar 10 2023

US regulators shut down Silicon Valley Bank on Friday in a spectacular move that sent global banking shares into …

US job growth beats expectations in February as economy still hot

Mar 10 2023

The United States added more jobs than expected in February -- though fewer than the previous month -- government data …

Global bank shares gyrate as US tech-oriented bank wobbles

Mar 10 2023

Global banking shares gyrated on Friday as trouble at US regional lender SVB Financial sparked concerns over the wider …

Stocks slump as bank shares face rout

Mar 10 2023

Global stock markets sank Friday as banking shares faced a rout over contagion fears, while US jobs data was seen all …

UK economic rebound eases recession fear before budget

Mar 10 2023

The UK economy has returned to growth, data showed Friday, easing fears of an inflation-induced recession as the …

PSG in the race to buy Stade de France

Mar 10 2023

French champions Paris Saint-Germain on Friday confirmed it is in the race to buy the Stade de France, the centre piece …

Global bank shares sink over US fears

Mar 10 2023

The world's biggest banks took a stock market beating on Friday as trouble at a US regional lender sparked concerns over …

Stock markets slump before key US jobs data

Mar 10 2023

A global stock markets selloff accelerated Friday with banks tumbling on contagion fears over the plight of troubled US …

Bank of Japan leaves policy unchanged as Kuroda bows out

Mar 10 2023

Japan's central bank left its ultra-easy monetary policy unchanged on Friday in its last meeting before Governor …

Markets tumble as bank worries spread from Wall Street

Mar 10 2023

Asian and European markets sank again Friday following a rout on Wall Street with banks taking a hefty hit after signs …

Shares in Chinese developer Kaisa plunge as trading resumes

Mar 10 2023

Debt-laden Chinese property developer Kaisa's share price hit a record low on Friday as trading resumed following an …

Asian markets tumble as bank worries spread from Wall Street

Mar 10 2023

Asian markets sank again Friday following a rout on Wall Street with banks taking a hefty hit after signs of trouble at …

The technology fighting Rwanda's silent killer of women

Mar 10 2023

When Rwandan villager Lillian was diagnosed with cervical cancer, the 30-year-old feared that her life was over. But a …

Tourism announces its return at Berlin fair, defying inflation

Mar 10 2023

The Berlin tourism industry fair this week celebrated its comeback from the dark days of the coronavirus pandemic with …

Bank of Japan's 'bazooka' chief Kuroda's record tenure

Mar 10 2023

Bank of Japan governor Haruhiko Kuroda is stepping down after a 10-year tenure defined by his signature "bazooka" of …

Warnings over AI and toxic beauty myths dog TikTok's Bold Glamour filter

Mar 10 2023

TikTok's latest sensation is a real-time filter called Bold Glamour that sashays right past debates over toxic beauty …

Japan parliament approves new central bank chief Ueda

Mar 10 2023

Japan's parliament on Friday approved economics professor Kazuo Ueda as the central bank's next governor, after a decade …

JPMorgan sues former exec over Jeffrey Epstein links

Mar 10 2023

JPMorgan Chase is suing former high-level executive Jes Staley over his ties to Jeffrey Epstein, naming him as the …

US banking shares hammered as stocks tumble ahead of jobs data

Mar 09 2023

US banking shares plunged Thursday, weighing on the broader stock market after a mixed session on global bourses.

US train company boss vows better safety after toxic derailment

Mar 09 2023

The head of US rail operator Norfolk Southern pledged Thursday to improve safety practices and quickly address clean-up …

NASA to reveal crew members in April for flight around Moon

Mar 09 2023

NASA will announce the names next month of the four astronauts -- three Americans and one Canadian -- who will fly …

Spain confirms three dead in mine collapse

Mar 09 2023

Three people trapped deep inside a Spanish potash mine when a gallery collapsed earlier on Thursday have died, Catalan …

Biden throws down 2024 gauntlet with populist budget

Mar 09 2023

President Joe Biden presented what amounts to his 2024 reelection pitch on the US economy Thursday, with a proposed …

Ex-Goldman banker sentenced to 10 years in 1MDB scandal

Mar 09 2023

A US judge in New York on Thursday sentenced former Goldman Sachs banker Roger Ng to 10 years in prison following his …

Chief exec for US derailed toxic chemicals train pledges better safety

Mar 09 2023

The head of US rail company Norfolk Southern pledged Thursday to improve safety practices and to quickly address …

Russia, UN set for Ukraine grain deal renewal talks

Mar 09 2023

Russia and the United Nations will hold talks in Geneva on Monday on renewing the Ukraine grain export deal, with the UN …

Stocks tread water as traders await US jobs data

Mar 09 2023

Wall Street and European stock markets made modest moves Thursday as investors awaited US jobs data that could prompt …

Rescuers 'fear worst' for three trapped deep in Spain mine

Mar 09 2023

Rescuers were struggling on Thursday to reach three people trapped deep underground after an accident at a Spanish …

US firm bids to stop contested DR Congo oil auction

Mar 09 2023

A US investment firm has proposed to stop a controversial oil auction in DR Congo's rainforests, bidding to exploit …

Stocks mixed as traders nervously await US jobs data

Mar 09 2023

Wall Street rose on Thursday but European stock markets fell as investors brace for US jobs data that they fear could …

Prada touts strong profits despite China sales slump

Mar 09 2023

Italian luxury group Prada said Thursday its profits jumped in 2022 as strong sales in Europe and the United States …

Rescuers 'fear worst' for three trapped deep down Spanish mine

Mar 09 2023

Rescuers were struggling on Thursday to reach three people trapped deep underground after an accident at a Spanish …

Scientists use TikTok to explain, fight climate change

Mar 09 2023

With his moustache caked in icicles and frozen droplets, glaciologist Peter Neff shows his 220,000 TikTok followers a …

Former Shell CEO gets big payday on soaring oil prices

Mar 09 2023

Shell's recently retired CEO earned close to £10 million ($12 million) last year after the energy giant scored record …

Rise in ocean plastic pollution 'unprecedented' since 2005

Mar 09 2023

Plastic pollution in the world's oceans has reached "unprecedented levels" over the past 15 years, a new study has …

Uncertainty over fate of three trapped Spain miners

Mar 09 2023

The fate of three miners trapped deep underground at a potash mine in Spain was unclear Thursday after a tweet by a …

US to be 'global leader' in energy transition: Energy Secretary

Mar 08 2023

Pointing to key Biden administration policies to mitigate climate change, Energy Secretary Jennifer Granholm promised …

Stocks tread water after shock over Powell rate warning

Mar 08 2023

Stock markets were mixed on Wednesday after Federal Reserve chief Jerome Powell triggered a rout a day earlier by …

US private hiring heats up while Fed warns of inflationary pressures

Mar 08 2023

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, while the central bank warned …

France's EDF reports fresh crack in nuclear reactor pipe

Mar 08 2023

French energy group EDF has reported discovering a significant new crack in a cooling pipe at a nuclear power plant on …

Clashes erupt as tens of thousands protest Greek train tragedy

Mar 08 2023

Greek police fired tear gas at firebomb-throwing protesters outside parliament Wednesday as tens of thousands …

TikTok seeks to calm Europe's fears over data privacy

Mar 08 2023

TikTok launched a new effort to assuage European leaders' worries over data security on Wednesday, as Western …

Fragrance firms hit by price cartel probe

Mar 08 2023

European and US antitrust authorities are investigating some of the biggest names in the global fragrance industry over …

EU court halts sanctions against Wagner chief's mother

Mar 08 2023

A European court on Wednesday cancelled EU sanctions imposed on the mother of Russian paramilitary leader Yevgeny …

Panama, Canadian group agree to reopen major copper mine

Mar 08 2023

Panama and Canadian giant First Quantum Minerals announced on Wednesday a deal to reopen a major copper mine whose …

Canada central bank pauses rate hikes, holds at 4.5%

Mar 08 2023

The Bank of Canada on Wednesday became the first major central bank to pause its aggressive monetary policy in recent …

US private hiring heats up in February: survey

Mar 08 2023

US employers stepped up their pace of hiring in February, payroll firm ADP said Wednesday, in a further indication that …

ECB chief vows to do 'whatever it takes' to tame inflation

Mar 08 2023

European Central Bank president Christine Lagarde vowed Wednesday to do whatever it takes to bring down high inflation …

France workers keep up the pressure after mass pensions protests

Mar 08 2023

French unions on Wednesday pressed a standoff with the government over a deeply unpopular pensions overhaul, with fuel …

Stocks mostly drop, dollar gains on Powell rates warning

Mar 08 2023

Stock markets mainly fell Wednesday and the dollar held near multi-month highs after Federal Reserve boss Jerome Powell …

Over 50,000 protest in Greece over rail tragedy

Mar 08 2023

More than 50,000 protesters took to streets across Greece on Wednesday and workers staged mass strikes, expressing anger …

US pick for World Bank says 'emission heavy' growth model outdated

Mar 08 2023

The United States' candidate to head the World Bank, Ajay Banga, on Wednesday called for a revamp of the development …

Adidas stuck with Yeezy gear after dropping Kanye

Mar 08 2023

Adidas said Wednesday it was still weighing what to do with its huge inventory of Kanye West's Yeezy products after it …

Asia, Europe track Wall St losses after Powell's rate hike warning

Mar 08 2023

Markets sank Wednesday, the dollar held big gains and oil struggled to recover from hefty losses after Federal Reserve …

Hong Kong's Cathay Pacific posts first operating profit since 2019

Mar 08 2023

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as it fights to …

Asia tracks Wall St losses after Powell's rate hike warning

Mar 08 2023

Markets sank Wednesday, the dollar held big gains and oil struggled to recover from hefty losses after Federal Reserve …

Hong Kong's Cathay Pacific reports first operating profit since 2019

Mar 08 2023

Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as the airline …

China's students leap 'Great Firewall' to get homework help from ChatGPT

Mar 08 2023

Chinese schoolchildren are turning to AI bot ChatGPT to slash their homework time -- vaulting the country's "Great …

Activist investor triggers real-life K-pop industry drama

Mar 08 2023

It is the kind of K-drama that rivets millions of viewers -- bitter boardroom battles, expensive lawyers, hostile …

Greece faces fresh strikes, protests over rail crash

Mar 08 2023

Greece faces a fresh round of mass strikes and nationwide protests on Wednesday as anger mounts over the country's worst …

US probes rail firm's safety record after toxic derailment

Mar 07 2023

The US transportation regulator announced a special investigation Tuesday into the safety record of Norfolk Southern …

Mass rallies and strikes in France over Macron's pension reform

Mar 07 2023

More than a million people marched in France and strikes disrupted transport and schools on Tuesday during mass protests …

Stocks fall, dollar climbs on Fed rate warning

Mar 07 2023

Stock markets tumbled, oil prices fell and the dollar firmed on Tuesday as Federal Reserve Chair Jerome Powell warned …

Fed mulls bigger rate hikes to cool US economy

Mar 07 2023

The United States is prepared to speed up interest rate hikes –- and could raise them higher than anticipated -- if …

US Justice Dept sues to block JetBlue-Spirit airline merger

Mar 07 2023

The US Justice Department on Tuesday sued to block a $3.8 billion JetBlue-Spirit airline merger, saying that the …

Sri Lanka president says China agrees to restructure loans

Mar 07 2023

Sri Lanka's president said Tuesday that China had agreed to restructure its loans to the bankrupt island nation, …

Airbus deliveries bounce back in February

Mar 07 2023

Airbus deliveries bounced modestly back in February following a poor January as the group announced on Tuesday it …

Oscar short docs race showcases booming art form

Mar 07 2023

When marine biologist Maxim Chakilev flings open the door of his ramshackle Siberian hut in the Oscar-nominated short …

US prepared to return to bigger rate hikes if strong data persists: Powell

Mar 07 2023

The United States is prepared to increase the pace of interest rate hikes if strong economic data persists, and could …

Gender pay progress stalls on 'motherhood penalty': study

Mar 07 2023

There has been minimal global movement toward gender pay equality because many women still face a "motherhood penalty" …

British architect David Chipperfield wins Pritzker prize

Mar 07 2023

British architect and urban planner David Chipperfield won the 2023 Pritzker Prize, organizers of the profession's most …

Germany angers EU after putting brakes on fossil fuel car ban

Mar 07 2023

Berlin has upset EU partners by blocking a milestone agreement to ban new sales of fossil fuel cars from 2035, as German …

US interest rate likely to peak higher than anticipated: Powell

Mar 07 2023

US interest rates will likely peak at a higher level than previously anticipated due to economic data that came in …

What next after World Bank pauses Tunisia partnership over racism row?

Mar 07 2023

The World Bank has effectively suspended new lending to cash-strapped Tunisia after President Kais Saied sparked …

Stocks waver before Fed testimony on US economy

Mar 07 2023

Stock markets wobbled on Tuesday as traders awaited fresh clues on future US interest rate hikes from the head of the …

Lego expects further growth after record year: CEO

Mar 07 2023

Lego, the world's number one toymaker, expects to continue to gain market share after reporting rising revenue and …

Pension strike snarls France as unions vow to press protest

Mar 07 2023

Fuel deliveries and public transport were severely disrupted in France on Tuesday as unions kicked off a fresh day of …

Stocks mostly rise before Fed testimony on US economy

Mar 07 2023

Stock markets mostly rose and the dollar firmed Tuesday as traders awaited more clues on the outlook for US interest …

S.African economy sinks below pre-pandemic levels

Mar 07 2023

South Africa's economy tumbled below pre-pandemic levels in the last three months of 2022 as record power shortages hit …

Macron vs the unions: What's at stake for France?

Mar 07 2023

French President Emmanuel Macron is facing his biggest standoff with France's trade unions since coming to power in …

Chinese foreign trade starts new year in a slump

Mar 07 2023

China's exports and imports fell during the first two months of 2023, according to official data Tuesday, hit by …

Most markets rise ahead of Powell testimony, US jobs data

Mar 07 2023

Stock markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve …

France faces 'standstill' in protests against pensions overhaul

Mar 07 2023

France's trade unions headed for a crucial face-off against President Emmanuel Macron on Tuesday, with fresh strikes and …

Most Asian markets rise ahead of Powell testimony, US jobs data

Mar 07 2023

Asian markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve …

Pincered at sea, lobsters get new hope on land in UK

Mar 07 2023

The tiny lobsters are safe from predators -- including each other -- as they eddy in large white plastic tanks swirling …

Asian markets rise ahead of Powell testimony, US jobs data

Mar 07 2023

Asian markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve …

Czech inflatable weapon decoys a hit as Ukraine war rages

Mar 07 2023

A Czech company producing inflatable weapon decoys, including Himars rocket launchers and Abrams tanks, said Monday it …

Poor countries call for debt revolution at UN summit

Mar 06 2023

Worn down by growing debt and a barrage of crises, leaders of the world's poorest countries have stepped up calls for …

Global stocks mixed as China eyes 'around 5%' growth in 2023

Mar 06 2023

Global stocks were mixed Monday ahead of key Federal Reserve congressional testimony as China set a lower-than-expected …

World Bank halts Tunisia program over president's migrant remarks

Mar 06 2023

The World Bank is pausing talks over its future engagement with Tunisia following anti-immigrant comments made by the …

Twitter admits 'massive' outage as woes continue

Mar 06 2023

Twitter on Monday suffered a brief but unprecedented outage with users worldwide reporting they could no longer read …

Twitter suffers major outage disabling external links

Mar 06 2023

Twitter on Monday suffered a major outage with users worldwide reporting they could no longer read links to articles …

Stocks largely gain as rate hike hopes offset muted China outlook

Mar 06 2023

Major stock markets mostly rose Monday, with Paris briefly reaching a fresh record, as traders reacted to indications …

Consumer groups disappointed as WhatsApp addresses EU concerns

Mar 06 2023

Consumer organisations on Monday complained that WhatsApp's promises to be more transparent about privacy policy changes …

Matterhorn mountain melting away from Toblerone bars

Mar 06 2023

Switzerland's famous Matterhorn mountain is gradually disappearing from Toblerone's packaging to comply with "Swissness" …

Proton VPN in media partnership against online censorship

Mar 06 2023

Internet privacy and access company Proton said Monday it would provide German broadcaster Deutsche Welle with virtual …

France flags 'anti-inflation quarter' for food prices

Mar 06 2023

The French government said Monday that it had made a deal with major retailers to cap many food prices, in a bid to make …

Accor co-founder, who brought France US-style hotels, dies at 91

Mar 06 2023

Gerard Pelisson, who co-founded Accor and turned the hotel group into a world leader, has died at 91 after a long …

President Xi vows to boost China's manufacturing

Mar 06 2023

President Xi Jinping vowed to boost the country's manufacturing capacity and not rely on overseas markets, state media …

Asian markets broadly positive but China shares muted

Mar 06 2023

Asian markets enjoyed healthy gains on Monday over murmurs that the US Federal Reserve may loosen its monetary …

Most French people support strikes against pension reform: poll

Mar 06 2023

A majority of French people support rolling strikes announced against President Emmanuel Macron's pension reform, a poll …

Machine magic or art menace? Japan's first AI manga

Mar 06 2023

The author of a sci-fi manga about to hit shelves in Japan admits he has "absolutely zero" drawing talent, so turned to …

France faces massive strikes over pension reform

Mar 05 2023

French trade unions are heading for what is expected to be a decisive showdown with President Emmanuel Macron over …

Kyiv says Russia pursuing 'attempts to encircle' Bakhmut

Mar 05 2023

Kyiv said Sunday it was holding off attacks from Russian troops still attempting to surround Bakhmut, a now-destroyed …

Poor nations' leaders unleash anger and despair at UN summit

Mar 05 2023

Leaders from the world's poorest nations poured out their disappointment and bitterness at a UN summit on Sunday over …

UN development chief sounds alarm over debt distress

Mar 05 2023

A top UN official has warned that "urgent" measures are needed to help 52 countries facing debt repayment problems that …

Texas: Wind and solar stake claim to land of oil

Mar 05 2023

Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to …

EU parliament chief urges Ukraine membership talks this year

Mar 04 2023

The president of the European Parliament Roberta Metsola called on Saturday, during a visit to Ukraine, for the country …

UN chief slams rich countries' treatment of poor states

Mar 04 2023

UN Secretary-General Antonio Guterres on Saturday slammed the world's rich countries and energy giants for throttling …

UN chief condemns rich countries 'vicious' tactics against poor

Mar 04 2023

UN leader Antonio Guterres on Saturday slammed the world's rich countries and energy giants for throttling poor nations …

Meta slashes prices for Quest headsets to boost VR use

Mar 03 2023

Meta on Friday slashed prices of its Quest headsets in an attempt to entice more people into its gear and into the …

Foxconn plans new India iPhone plant in shift away from China

Mar 03 2023

Apple will manufacture iPhones at a new plant in India, officials said Friday, as the US tech giant seeks to ramp up its …

Global equities advance on reassuring economic data

Mar 03 2023

World stock markets rose on Friday with data showing the resilience of the US and Chinese economies, reassuring …

France's Macron takes Africa push to Brazzaville ahead of Kinshasa

Mar 03 2023

French President Emmanuel Macron on Friday carried his African tour aimed at renewing frayed ties to the Republic of …

TikTok finds 'partner' in Europe to offer security reassurances

Mar 03 2023

TikTok has found a partner in Europe to guarantee that users' data is not transferred to China, a company executive said …

TikTok seeks 'partner' in Europe to offer security reassurances

Mar 03 2023

TikTok wants to find a "partner" in Europe to guarantee that users' data is not transferred to China, a company …

Ferrovial's planned Dutch move angers Spanish PM

Mar 03 2023

Spain's prime minister denounced Friday a plan by construction giant Ferrovial to move its headquarters to the …

Volkswagen shares jump on 2023 optimism

Mar 03 2023

German auto giant Volkswagen on Friday unveiled an optimistic forecast for 2023 on expectations that global supply chain …

Airlines sue Dutch over Schiphol airport flight cuts

Mar 03 2023

Top airlines including KLM, Delta and EasyJet said Friday they are taking the Dutch government to court over plans to …

France's Macron pushes economic ties in Angola

Mar 03 2023

French President Emmanuel Macron on Friday pursued his African tour aimed at renewing frayed ties, inking an economic …

Global equities advance on lower rate hopes

Mar 03 2023

World stock markets mostly rose Friday after a top Federal Reserve official said he would back a small interest rate …

Spanish PM slams Ferrovial's planned Dutch move

Mar 03 2023

Spain's prime minister denounced Friday a plan by construction giant Ferrovial to move its headquarters to the …

Lufthansa flies into black but worries linger over busy summer

Mar 03 2023

German airline Lufthansa said Friday that it returned to annual profit in 2022 after two years of pandemic-related …

Belgian court prolongs pre-trial detention for graft case MEPs

Mar 03 2023

Belgian judges on Friday prolonged the pre-trial detention of Greek MEP Eva Kaili, accused of receiving bribes from a …

ChatGPT turns to manga in 'One Piece' author experiment

Mar 03 2023

The AI programme ChatGPT has passed exams, penned news articles and produced code. So perhaps no surprise that "One …

Turkey's inflation slows further as presidential vote nears

Mar 03 2023

Turkey's inflation rate slowed for a fourth straight month in February, data showed Friday, but remained in …

Ericsson to pay over $200 mn for breaching US deal over Iraq graft

Mar 03 2023

Swedish telecom equipment maker Ericsson has said it will pay a $207 million fine for breaching a deal with US …

Markets rise with Wall St on lower rate hopes

Mar 03 2023

Markets on Friday tracked a Wall Street rally after a top Federal Reserve official said he would back a small …

Asian markets rise with Wall St on lower rate hopes

Mar 03 2023

Asian markets on Friday tracked a Wall Street rally after a top Federal Reserve official said he would back a small …

UK mine plan pits enthusiasts against environmentalists

Mar 03 2023

In the 37 years since the last coal pit closed in Whitehaven, the once-proud mining town on northwest England's remote …

Lufthansa returns to annual profit after Covid losses

Mar 03 2023

German airline giant Lufthansa said Friday it returned to annual profit in 2022 after two years of losses, its fortunes …

China to unveil lowest growth goal in years: analysts

Mar 03 2023

China will likely set one of the country's lowest growth goals in decades at the annual National People's Congress next …

Germany's Scholz in India to press on EU trade deal

Feb 25 2023

German Chancellor Olaf Scholz visited India on Saturday seeking to deepen business and defence ties between the two …

Brazilian favela 'shack' wins house-of-year award

Feb 25 2023

At first glance, it is a house like dozens of others in the crowded favelas of Brazil. But this seemingly modest …

Macron warns EU-South America deal hinges on environment

Feb 25 2023

French President Emmanuel Macron said Saturday that a long-delayed trade deal between the EU and four Latin American …

Walloped by hurricane, Cuba's tobacco sector struggles to its feet

Feb 25 2023

Cuban farmer Maritza Carpio, 62, is optimistic. Five months after Hurricane Ian wreaked havoc on the island nation and …

Hot US inflation leaves investors cold on equities while yen drops

Feb 24 2023

Global stocks mostly fell Friday after the latest US inflation data added to worries that the Federal Reserve will enact …

EU agrees new sanctions over Russia's war in Ukraine

Feb 24 2023

The EU agreed a new round of sanctions over Russia's war in Ukraine on Friday, the one-year anniversary of Moscow's …