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BUSINESS

EU leaders hold economic transformation talks

AFP, Published on 12/02/2026

» BRUSSELS - European Union leaders will converge on a Belgian castle on Thursday as the bloc seeks ways to punch its economic weight on the global stage — faced with threats from China and the United States, and hamstrung by its own divisions.

BUSINESS

Global solar and wind capacity growth ‘slowed in 2025’

AFP, Published on 10/02/2026

» Planned or under-construction solar and wind projects slowed last year, analysis showed on Tuesday, casting doubts on whether countries will hit a goal of tripling renewable capacity by 2030.

BUSINESS

ECB holds interest rates as strong euro causes jitters

AFP, Published on 05/02/2026

» FRANKFURT (GERMANY) - The European Central Bank held interest rates steady for its fifth straight meeting Thursday, saying the eurozone economy remained "resilient" despite mounting worries about the impact of a stronger euro.

BUSINESS

Musk merges his AI business into SpaceX

AFP, Published on 03/02/2026

» SAN FRANCISCO - Elon Musk has announced that his rocket company SpaceX will take over his artificial intelligence outfit xAI, as he seeks to raise billions of dollars for his science fiction-worthy outer space projects.

BUSINESS

China to ban hidden car door handles in industry shift

AFP, Published on 03/02/2026

» BEIJING — China will ban hidden door handles on cars sold in the country from next year, phasing out the minimalist design popularised by Tesla over safety concerns.

BUSINESS

Gold demand hits record high on Trump policy doubts

AFP, Published on 29/01/2026

» LONDON - Gold demand surged to a record high in 2025 as investors and central banks flocked to the safe-haven asset as protection against US President Donald Trump’s unpredictable policies and their potential economic impact, industry data showed on Thursday.

BUSINESS

Tesla profits tumble on lower EV sales, AI spending surge

AFP, Published on 29/01/2026

» NEW YORK - Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales and increased expenses as CEO Elon Musk ramps up technology investments.

BUSINESS

EU and India agree on ‘mother of all’ trade deals

AFP, Published on 27/01/2026

» NEW DELHI - India and the European Union announced Tuesday the “mother of all deals”, a huge trade pact to create a market of two billion people, reached after two decades of negotiations.

BUSINESS

Surging billionaire wealth a political threat, Oxfam warns as Davos opens

AFP, Published on 19/01/2026

» DAVOS, Switzerland- The collective wealth of the planet's billionaires soared to a record level in 2025, charity Oxfam reported on Monday, warning of "highly dangerous" political consequences as the global elite gathers for the World Economic Forum.

BUSINESS

Luxury retailer Saks Global files for bankruptcy

AFP, Published on 14/01/2026

» NEW YORK - US luxury retail group Saks Global, the parent company of Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman, said Wednesday it had filed for bankruptcy.