Nvidia may back $250b for OpenAI data centre
REUTERS
28 July 2026, 00:00 AM Global Economy
Chinese chipmaker CXMT soars 500% on stock debut
AFP, Shanghai
28 July 2026, 00:00 AM Global Economy
China industrial profits grow, but pace slows
REUTERS, Beijing
28 July 2026, 00:00 AM Global Economy
Oil prices sink as US-Iran pause fuels fresh Hormuz hopes
AFP, Hong Kong
27 July 2026, 11:59 AM Business
This wave of Trump tariffs is likely here to stay; more are coming
REUTERS, Washington
27 July 2026, 00:00 AM Global Economy

Coal, an unavoidable pollutant in the harsh Afghan winter

At a Kabul market, coal is arriving by the tonne as the winter cold sets in.Even as prices rise, Afghans have few options but to burn it for heat, creating some of the world’s most dangerous air.
24 November 2021, 18:00 PM

Algeria’s poor fret over plan to slash subsidies on basic goods

Algeria plans to scrap its generous state subsidies on basic goods that have long helped maintain social peace but strained state budgets as energy revenues have fallen.
24 November 2021, 18:00 PM

India announces bill to ban cryptocurrencies

India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday.
24 November 2021, 18:00 PM

German business morale darkens on supply bottlenecks, Covid wave

German business morale deteriorated for the fifth month running in November as supply bottlenecks in manufacturing and a spike in coronavirus infections clouded the growth outlook for Europe’s largest economy, a survey showed on Wednesday.
24 November 2021, 18:00 PM

Biden oil reserves bet melds China outreach with appeal to US voters

President Joe Biden’s historic move to release oil from strategic reserves in coordination with big nations including China represents a unique bet that finding common ground with the United States’ biggest economic rival can help dampen fuel prices for middle class Americans.
24 November 2021, 18:00 PM

Amazon, Apple handed $225m in Italian antitrust fines

Italy’s antitrust authority has fined US tech giants Amazon.com and Apple Inc a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.
23 November 2021, 18:00 PM

Eurozone business recovery again gains pace

The recovery of the eurozone economy is again gaining pace after dipping last month, a closely watched survey said on Tuesday.
23 November 2021, 18:00 PM

IMF urges El Salvador against using bitcoin as official currency

The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender given the risks associated with the cryptocurrency, a day after the country announced plans for the world’s first “Bitcoin City”.
23 November 2021, 18:00 PM

Imports imperil Jordanian makers of handcrafted shoes

He was once dubbed the “King of Shoes”, but after decades of fashioning footwear for kings, queens and presidents, 90-year-old Jamil Kopti fears cheap imports are killing off his craft.
22 November 2021, 18:00 PM

France to work with UAE on renewable projects

French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” Le Maire told reporters in Abu Dhabi.
22 November 2021, 18:00 PM

Japan working on release of oil reserves after US request

Japan is considering the unprecedented release of state oil reserves after a request from Washington for coordinated action to combat soaring energy prices, three government sources with knowledge of the possible plan told Reuters.
22 November 2021, 18:00 PM

Most Asian markets drop on renewed Covid, inflation concerns

Asian markets mostly fell Monday with fears about renewed containment measures to battle a surge in European Covid cases adding to growing speculation that central banks will have to tighten monetary policy quicker to tame a spike in inflation.
22 November 2021, 18:00 PM

India’s salesmen face ruin as tycoon Ambani targets mom-and-pop stores

For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago.
22 November 2021, 18:00 PM

UN warns of colossal collapse of Afghan banking system

The United Nations on Monday pushed for urgent action to prop up Afghanistan’s banks, warning that a spike in people unable to repay loans, lower deposits and a cash liquidity crunch could cause the financial system to collapse within months.
22 November 2021, 18:00 PM

Covid fears across Europe causes dollar to shine, euro to suffer

The safe-haven US dollar traded close to a 16-month high to the euro on Monday on growing anxiety over the impact of surging COVID-19 infections in Europe, with Austria reimposing a full lockdown and Germany considering following suit.
22 November 2021, 10:41 AM

Rivian, Ford cancel plans to collaborate on electric vehicle

Electric truck maker Rivian and Detroit auto giant Ford on Friday announced they have canceled plans to jointly develop an electric vehicle, a week after Rivian made a blistering entry onto Wall Street.
21 November 2021, 18:00 PM

IMF renews $50b credit line for Mexico

The IMF announced Friday it has renewed a two-year credit line for Mexico for $50 billion.
21 November 2021, 18:00 PM

UK to probe systematic bias in medical devices tech

Britain’s health secretary announced Sunday he has launched an independent review to examine if “systematic bias” exists in the development of medical devices, after Covid-19 brought the issue “to the fore”.
21 November 2021, 18:00 PM

Australian fruit farmers face harvest headache

In near-perfect conditions, thanks to abundant rain and healthy trees, Australian fruit grower Michael Cunial’s cherry orchard looks set to yield a bumper crop. He has just one problem: the harvest.
21 November 2021, 18:00 PM

UK inflation could be elevated for longer: BoE

Bank of England Governor Andrew Bailey said his concern on the inflation outlook is that it could be  “elevated for longer” but there is also a chance that inflation does not prove as persistent as feared.
21 November 2021, 18:00 PM