Business & Tech

Japan consumer prices edge up 0.9% in March

Japan's consumer prices edged up 0.9 percent in March, government data showed Friday, but inflation was slightly weaker than the previous month and still far below a longstanding target.

US to drop curbs on drone tech to boost arms sales

The United States dropped some restrictions Thursday on sales of its advanced drones in order to reinforce the armies of its allies and compete with China on the world arms market.

Business

Earthmover tyres, the pattern matters

Earthmovers tyres allow these big industrial vehicles designed to operate in challenging conditions, moving smoothly anytime. Tyre pattern and features are essential in order to ensure maximum control and stability for high productivity while keeping safety at the highest level

Business & Tech

Tide laundry detergent is turning to social media to try to prevent teens from joining in a dangerous new fad of eating single-use pods containing the laundry soap

P&G profits drop as it fights teen abuse of laundry pods

Procter & Gamble reported lower quarterly earnings Tuesday due in part to costs from US tax reform, and said it was amplifying efforts to counter teen abuse of its Tide detergent

More US business economists see «downside» economic risks

Amid uncertainty over President Donald Trump's growth agenda, US economists increasingly are worried about risks to the economy, though they see little chance of a recession near term, according to a survey released on Monday.

Business & Tech

Will Donald Trump's tax cuts in the US open up a warm welcome to him from the proponents of globalisation gathering in Davos?

Trump wins Davos raves for «landmark» tax cut

Instead of a chilly reception from globalisation's defenders, US President Donald Trump may find a warm welcome in the posh ski resort of Davos, from global executives delighted with his controversial tax reform

Trump administration rejects World Bank capital increase

The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission.

Business & Tech

Dutch turning off quake-zone gas for 200 firms

The Dutch government has ordered more than 200 of the country's biggest businesses to stop using gas from the quake-prone northern Groningen region, Europe's largest gasfield, officials confirmed Tuesday

Business

The better-than-expected full-year growth reading comes as China kicks its war on pollution into gear, halving industrial production for some steel smelters and mills this winter

China economy rebounds in 2017 with 6.9% growth

China's economy grew a forecast-beating 6.9 percent in 2017, picking up steam for the first time since 2010 despite its battles against a massive debt and polluting factories, official data showed Thursday

China's local government debt growth almost doubles in 2017

Local government debt expanded again in China last year despite Beijing's pledge to rein in a growing national debt load that has sparked fears of a financial crisis in the world's number two economy

Business & Tech

Bitcoin bombs, cryptocoins crash on regulation fears

Bitcoin, the best known of hundreds of «virtual» coins, slumped Tuesday to a six-week low below $12,000 as analysts blamed a rush by various jurisdictions to regulate the sector

Global stock markets upbeat after long weekend

European markets rose Tuesday following the long weekend on optimism about the French election, while the Nasdaq edged to a fresh record ahead of Apple earnings.

Business

China box-office back to strong growth in 2017

China's box-office revenues surged in 2017 after slowing sharply the preceding year, official media reported, as the world's second-largest movie market edges closer to overtaking the US.

China's Ant Financial drops MoneyGram deal as US approval fails

Ant Financial, an affiliate of Chinese internet titan Alibaba, has been forced to abandon a $1.2 billion deal to buy US remittances firm MoneyGram after failing to get approval from regulators in Washington.

Business & Tech

Faring badly: Uber struggles to make inroads in Japan

Japan, with its wealthy customer base and megacities like Tokyo, should represent rich pickings for Uber

Social network

Facebook opens new London hub, creating 800 jobs

Social media titan Facebook will open a new office in London on Monday that is set to be its biggest engineering hub outside America, the company has announced.

Business

Buy it with bitcoin in New York, but it's not cheap

At Melt Bakery, a hole in the wall that sells ice cream sandwiches in New York's upscale Manhattan neighborhood, you can pay for your guilty pleasure in bitcoin.

Bitcoin, an «Uber» currency, not without risk

Bitcoin, which this week soared to a new record high of more than $8,000, is the monetary equivalent of Uber, since it bypasses central bank regulation and could be attractive for financially fragile countries, economists say

Business

Anemic 3rd quarter growth dissapoints in Brazil

Brazil's economy grew 0.1 percent in the third quarter of 2017, the third consecutive quarterly increase in output but below expectations, official figures out Friday showed.

Top Stories

Vanesa Calderon and Vladimir Mejia pose in their costumes for the carnival of Tlaxcala, Mexico. The satirical costumes and masks were originally masquerades of wealthy Spanish and French colonialists, and represent a fusion of European and pre-Hispan

A lawless Mexican region's explosively colorful carnival

As two armored military vehicles patrol the streets of Tlaxcala, workers unload a pick-up truck full of enormous traditional masks for this lawless Mexican region's explosively colorful carnival.

South Korean fans cheer as South Korea's Yun Sungbin  gets the gold in the mens's skeleton during the Pyeongchang 2018 Winter Olympic Games on Friday.

Korean «Iron Man» Kim wins historic Olympic skeleton gold

South Korea's Yun Sung-bin made history Friday as he become Asia's first Olympic skeleton champion after completely dominating the daredevil event in Pyeongchang.

Tonga's flag-bearer Pita Taufatofua stunned viewers by appearing topless at the ceremony.

Topless Tongan's secret weapon against freezing cold: coconut oil

The Tongan flag-bearer's secret has been revealed: it was coconut oil that kept him warm when he paraded half-naked at the Winter Olympics opening ceremony.

Spanish defender Marc Bartra arrives at a German court to testify in the trial of a man who has admitted to carrying out a bomb attack on Borussia Dortmund's bus

Dortmund bomb attack «changed my life,» Bartra tells court

Spanish defender Marc Bartra told a German court Monday of his mortal fear when bombs hit the bus of his Borussia Dortmund football team last year in an attack which he said «changed my life».