AfDB cuts Africa's 2025 growth forecast on trade tariffs uncertainty

Reuters|Published

Africa's economic growth is projected to rise to 3. 9% this year, but the African Development Bank warns of uncertainties due to US trade tariffs, leading to a downgrade ...

Pope's call to tame AI sets tone for Christian leaders

AFP|Published

The pope was cited by Protestant American Evangelical leaders who launched an open letter to President Donald Trump published Wednesday, calling for an "AI revolution ...

How the US-China chip conflict is evolving under Trump

AFP|Published

AFP looks at how the US-China chip war is evolving under US President Donald Trump.

Trump ambushes Ramaphosa over 'genocide' accusation

AFP|Published

With reporters present, Trump had staff put the four-minute video on a large screen, saying it showed black South African politicians calling for the persecution ...

EU accuses TikTok of violating digital rules over ads

AFP|Published

The European Commission "found that TikTok does not provide the necessary information about the content of the advertisements, the users targeted by the ads, and ...

Oil prices fall on hopes for Iran nuclear deal

AFP|Published

Trump's comments came after Iran held its fourth round of talks with the US administration. Washington has said it wishes to avoid a threatened military strike by ...

Australian-made rocket set for historic space launch

AFP|Published

If successful, it would be the first Australian-made rocket to make an orbital launch from Australian soil.

China's Tencent posts forecast-beating Q1 revenue on gaming growth

AFP|Published

Shenzhen-based Tencent is the operator of China's multifunctional app WeChat and a major player in the global gaming industry.

Umbro owner in joint bid for Le Coq Sportif

Published

Founded in 1882, Le Coq Sportif employs 300 people in France and makes jerseys for Argentina's rugby union team and French football club Nice.

China, US slash sweeping tariffs in trade war climbdown

AFP|Published

Trump had upended international commerce with his sweeping tariffs across economies, with China hit hardest.

Egypt's Suez Canal mulls discounts on transit fees to bring back traffic

Reuters|Published

Amidst declining revenue due to Houthi attacks, Egypt's Suez Canal Authority is contemplating discounts on transit fees to restore shipping traffic.

Strategic partnerships are the secret to scaling African innovation

Alesimo Mwanga and Andile Masuku|Published

African innovations successfully cross borders while others equally promising remain local? The answer lies not in technological superiority or funding size, but ...

Indians buy 14 million air conditioners a year, and need many more

AFP|Published

Ironically, the refrigerants inside AC units and the coal-generated electricity that powers them only exacerbate global warming.

Chicken wings, trucks: the surprising Saudi obsession with America

AFP|Published

While many American companies have been in Saudi Arabia for decades, its Vision 2030 agenda -- the oil-dependent country's giant economic diversification plan -- ...

Japan's Panasonic targets 10,000 job cuts worldwide

AFP|Published

The cuts, which represent around four percent of the group's workforce of nearly 230,000, will be implemented mainly in the current financial year to March, it said. ...

Germany's Merz urges EU to scrap green business rules

AFP|Published

The rules have been attacked as too burdensome for businesses as the bloc throws all its energy into making its companies more competitive in the face of fierce ...

Disney announces new theme park in Abu Dhabi

AFP|Published

Disney stated that it aims to attract tourists from "the Middle East and Africa, India, Asia, Europe, and beyond. "

US Fed pauses rate cuts again and warns of inflation, unemployment risks

AFP|Published

Policymakers voted unanimously to hold the US central bank's key lending rate at between 4. 25 percent and 4. 50 percent, the Fed said in a statement.

Bill Gates says AI key for health, education innovation

AFP|Published

Gates visited President Prabowo Subianto and Indonesian philanthropists in the capital Jakarta, where he spoke about his optimism that AI-driven innovation will ...