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EU nations back chemical recycling for plastic bottles

European nations voted Friday to allow for chemical recycling to play a larger role in the production of plastic bottles, overcoming reservations about the energy-intensive technology.

Why bitcoin is losing its luster after stratospheric rise

Bitcoin, the world's biggest cryptocurrency, sank this week, wiping out gains sparked by Donald Trump's presidential election victory in November 2024.

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Italian fashion titan Zegna to hand over power

Gildo Zegna, grandson of the eponymous fashion brand's founder Ermenegildo Zegna, will hand over the reins of the group to its finance director and the fourth generation of family leaders in January, the group announced Monday.

EU, Africa leaders talk trade and minerals in Angola summit

European and African leaders gathered in Angola Monday for a summit to deepen economic and security ties that also presented the chance for emergency talks on Ukraine.

Stocks rise as US rate hopes soothe nerves

Stock markets and the dollar mostly firmed Monday as fresh hopes for a US interest-rate cut provided some calm after last week's rollercoaster ride fuelled by worries of an AI tech bubble.

Germany business morale falls as hopes for revival dim

German business sentiment fell more than expected in November, a survey showed Monday, the latest sign that industry is losing faith in the government's plans to revive the economy.

EU says will push US to lower steel tariffs

The EU will Monday urge the United States to implement more of the transatlantic trade deal struck in July, including cutting tariffs on steel, during talks in Brussels with US Commerce Secretary Howard Lutnick.

Beloved Bollywood star Dharmendra dies at 89

India's hugely popular Bollywood star Dharmendra, who was equally at ease in romantic comedies and high-octane action blockbusters, died aged 89 on Monday.

Belgium hit by three-day national strike

Belgium steeled itself for closed schools and disrupted train and air travel as three days of strikes kicked off Monday in protest at government austerity plans aimed at shrinking the national debt.

Singapore sets course for 'green' methanol ship fuel supplies

Singapore will start issuing bunkering licences next year to companies supplying methanol as marine fuel, in an effort to help global shipping cut carbon emissions, officials said Monday.

Belgium prepares for three days of national strikes

Belgium faces closed schools and disrupted train and air travel as unions call for three days of strikes starting Monday to protest the government's proposed spending cuts and labour law changes.

Rising from the ashes: Mogadishu's building boom

Mogadishu is rising, literally, from the ashes of decades of war. Pavements remain scarred by bullet holes and ruined buildings still line many streets, but the city's cacophony is now one of construction, not destruction.

Despite doubts over economy, Americans set for record holiday spending

Americans are expected to spend a record amount over the holiday season, despite lingering worries in the world's biggest economy about stubborn inflation, tariffs and the knock-on effects of the government shutdown.

Australian mining giant BHP drops Anglo American takeover bid

Australian resources giant BHP said Monday it had dropped a bid to take over British rival Anglo American that would have created the world's largest miner of copper.

Tomorrowland bets on Chinese dance music fans with first indoor event

"Are you ready Shanghai?!" screamed the DJ, his glowing booth nestled at the heart of a huge intricate structure of pulsating colour and sound.

Slovenia to hold new vote on contested assisted dying law

Slovenia holds a new referendum Sunday on whether a law legalising assisted dying will be enforced or suspended after critics mounted a campaign against the legislation.

$Geopolitical fractures and Ukraine worries sap G20 summit$

Geopolitical fractures and Ukraine worries sap G20 summit

The G20's role in fixing economic crises is threatened by geopolitical fractures, leaders warned Saturday at a summit in South Africa boycotted by the United States.

'This must stop': Thousands rally in France after murder linked to anti-drug activism

Thousands of people gathered in Marseille on Saturday to honour the brother of an anti-drug activist murdered in France's second largest city last week after his death sparked nationwide calls to confront drug crime.

Western rift over Ukraine and Trump absence mar G20 summit

A US-European rift over the future of Ukraine threatened to overshadow a G20 summit that started in South Africa on Saturday marked by the absence of Donald Trump.

Cricket World Cup for blind women helps change attitudes

On a lush cricket ground outside Colombo the sharp jingling of a ball cuts through the afternoon air. Every rattle is a pushback against the stigma of disability.

Japan businesses brush off worries over China tourists

Shiina Ito has had fewer Chinese customers at her Tokyo jewellery shop since Beijing issued a travel warning in the wake of a diplomatic spat, but she said she was not concerned.

G20 summit opens in South Africa without Trump

A US-European rift over the future of Ukraine is set to overshadow a G20 summit starting in South Africa on Saturday further marked by Donald Trump's pointed absence.

US stocks creep ahead after tech-fuelled Asia rout

US markets crept ahead in early trading while European counterparts marked time Friday in response to sharp losses in Asia at the end of a week which has seen heightened fears of a bursting AI bubble.

How US sanctions on Russia's Lukoil hit Bulgaria's largest refinery

By taking over the Balkan's largest refinery from Lukoil, Bulgaria has for now avoided punishing US sanctions against the Russian oil giant, which enter into force on Friday.

Europe increasingly 'vulnerable' to shocks: ECB chief

European Central Bank chief Christine Lagarde warned Friday the region was increasingly "vulnerable" to shocks like US tariffs and is lagging behind in areas that will drive growth such as AI.

Tech firms lead stock rout as AI bubble fears linger

Tech firms led stock losses on Friday as investors struggled to shake off fears about an AI bubble and after a sell-off on Wall Street sparked by jobs data dealt a further blow to hopes for a US interest rate cut.

World's biggest nuclear plant edges closer to restart

Japanese local authorities approved the restart of the world's biggest nuclear plant on Friday for the first time since the 2011 Fukushima disaster.

Frida Kahlo painting auctions for $54.6 mn, record for woman artist

A self-portrait by legendary Mexican artist Frida Kahlo sold for $54.66 million in New York on Thursday, setting a new record for the price of a painting by a woman, the auction house Sotheby's said.

Trump plans massive expansion of offshore oil drilling

President Donald Trump's administration is planning to open up millions of square miles (kilometers) of US coastal waters to oil and gas drilling, it said Thursday, in a step that could lead to a massive expansion of fossil fuel extraction.

Stocks lose steam on AI concerns as jobs data cloud rate cut hopes

Stock markets were mixed Thursday as a rally lost momentum after US jobs data clouded hopes of further interest rate cuts and fears of an AI bubble persisted.

Italy probes Tod's executives over labour exploitation

Italian prosecutors are investigating three executives from luxury fashion label Tod's, as well as the company itself, for alleged labour exploitation, according to a court document seen Thursday by AFP.

Montpellier deny 'racism' allegations in Fowler's book

French club Montpellier on Thursday denied allegations which appeared in a book by former player Mary Fowler, insisting the "subject of racism is a serious one that cannot be exploited".

Germany says China promised 'reliable' rare earth supply

Germany's finance minister said Thursday Beijing had made a "clear" commitment on ensuring rare earth supplies, following the first visit to China by a minister from Chancellor Friedrich Merz's government.

AI's blind spot: tools fail to detect their own fakes

When outraged Filipinos turned to an AI-powered chatbot to verify a viral photograph of a lawmaker embroiled in a corruption scandal, the tool failed to detect it was fabricated -- even though it had generated the image itself.

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