BUSINESS

US economic growth and wage gains should "serve as a source of resilience" moving forward even if the economy continues to cool, Treasury Secretary Janet Yellen said in remarks released Friday.

Elon Musk said Friday that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as authorities there confirmed talks about hosting a "great charity event."

PayPal on Monday launched a stablecoin digital currency backed by US dollars to be used for transactions at its global online payments platform.

The two men in bright overalls rooting for plastic on a Tunisian beach do so to make a living, but also in the knowledge that they are helping the environment.

Elon Musk on Saturday said his social media company X would provide monetary legal aid to users who face blowback from their bosses over posts on the platform.

Elon Musk said Sunday that a "cage match" he and Meta CEO Mark Zuckerberg have seemingly agreed to as a fund-raiser will be carried live on X, formerly known as Twitter, which he owns.

Amazon and Apple on Thursday reported earnings that topped market expectations, aiming for even better days ahead with the help of artificial intelligence (AI).

When the West rolled out its unprecedented price cap on Russian oil late last year, it hoped to starve Moscow of much-needed revenue while minimising the impact on other countries.

X is suing a nonprofit group in US federal court over reports that hate speech has flourished at the platform formerly known as Twitter.

From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in 2022 when prices surged in the wake of Russia's invasion of Ukraine, but they nevertheless remain comfortably profitable this year.

Chinese controls on exports of two metals critical to making semiconductors came into force on Tuesday, a day after Beijing imposed curbs on the foreign sales of some drones.

"The average international product prices of petrol, diesel, and Illuminating paraffin followed the increasing trend of crude oil prices during the period under review. These led to higher contributions to the Basic Fuel Prices of petrol, diesel, and illuminating paraffin by 63.59 c/l, 99.09. c/l and 98.71c/l, respectively," DMRE said.

The company formerly known as Twitter removed a towering, blinking X from atop its San Francisco headquarters Monday after the rebranded tech firm tangled with city officials over the controversial sign.

Ethiopian Airlines successfully weathered the Covid pandemic by shifting its strategy, but Africa's only profitable carrier still faces "real challenges" in sourcing parts and staying competitive at a time of inflation, its CEO told AFP. The 2022-2023 financial year ending June 30 "was a very successful year," Mesfin Tasew said in an interview in Ethiopia's capital Addis Ababa.

Do social media echo chambers deepen political polarization, or simply reflect existing social divisions?

A fired Twitter product manager said Elon Musk ran the company newly renamed X by instinct not data, surrounded by sycophants with his mood changing unpredictably.

Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).

On the road linking Niger's capital Niamey with the south of the country, illegal fuel warehouses have closed and intrepid black-market touts waving petrol canisters at passing cars have become an endangered species.

Elon Musk is rebranding his Twitter platform as "X" and wants to create a super-app where users will do all their finances as well as their socialising.

Coca-Cola lifted its full-year earnings targets Wednesday after second-quarter results topped estimates as it described plans to limit additional price hikes to emerging markets with the most intense inflation.

"If we extend Agoa largely in its current form, we can incrementally improve the terms over the next few years. Many African countries are keen on an early extension because it gives investors certainty to commit additional investment on the continent," Trade and Industry Minister Ebrahim Patel said.

Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector.

LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks to strong growth in Asia and Europe.

TotalEnergies announced Tuesday it had started drilling wells for oil in Uganda as part of a huge project condemned by environmental and rights groups.

Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.

TikTok, the social platform known for its addictive video content, announced Monday that it will offer text-only posts, becoming the latest tech giant to offer an alternative to embattled Twitter.

Since buying Twitter, Elon Musk has made significant changes to the company as well as the app itself, from charging for features to killing off the bird logo.

Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the Elon Musk-owned company moves toward rebranding as X. The social media network's website showed the company's new logo, but its URL was still showing as twitter.com and the blue "Tweet" button was visible, suggesting the rebrand was not yet finalized.

After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems.