AFP
13876 articles published since 08 Mar 2022
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The $12.5 billion fraud that has shocked Vietnam
Retired nurse Nga put her life savings into a bond at Vietnam's SCB bank, but now cannot access her money after being caught up with tens of thousands in a multibillion-dollar scam that has shocked the nation.
Germany's mine-to-motor lithium supply chain takes shape
Once a byword for environmental disaster due to its heavy industry and mining, the city of Bitterfeld-Wolfen is poised to become a key site for Germany's ambitious green transition. - Mine project - Closer to Bitterfeld-Wolfen, Zinnwald, a small village near the Czech border, an AMG-backed project is taking the more conventional approach to mine lithium ores from the ground.
As Tunisia's economy falters, medical tourism flourishes
At a fertility clinic in Tunis, Bintou Yunoussa hopes doctors can finally help her conceive -- one of more than two million foreigners who travel to Tunisia annually for medical procedures. They included more than 500,000 foreign patients hospitalised in Tunisia and about two million others who had received same-day care, officials say.
Flutter eyes US listing switch in new post-Brexit blow
Online betting giant Flutter this week took the first step to switch its main listing from London to New York, in a fresh post-Brexit blow to the City finance district.
Asian markets swing as traders eye Fed, jobs and earnings
Asian equities struggled again Wednesday after a mixed performance on Wall Street, with traders keenly awaiting what the Federal Reserve has to say after its much-anticipated policy meeting later in the day.
US could jail foreign officials under new bribery law
Anticorruption activists around the world have high hopes for a new US law that for the first time allows Washington to prosecute foreign officials who receive bribes. "The statue may have real deterrence value by making clearer to foreign officials that they can be prosecuted for soliciting and accepting bribes," Stokes said.
US Fed rate decision could hold clues on timing of future cuts
The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive meeting Wednesday, as inflation continues to inch closer towards its long-term target of two percent.
Samsung says Q4 operating profits drop 34.57 percent
Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices. - Cash buffer - The company also reported its full-year profits for 2023 on Wednesday, with operating profit for the year at 6.56 trillion won, down 84.9 percent from the previous year, the Yonhap news agency reported.
US judge voids Elon Musk's $56 billion Tesla compensation
A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid. The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 compensation agreement.
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