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13876 articles published since 08 Mar 2022

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Eiffel Tower topped pre-Covid visitor numbers in 2023
Eiffel Tower topped pre-Covid visitor numbers in 2023
Economy

The Eiffel Tower in Paris welcomed 6.3 million visitors last year, its management company said Friday, more than came in 2019 before the Covid-19 pandemic. Last year's visitor numbers -- up eight percent year-on-year -- were juiced by events to honour its designer Gustave Eiffel 100 years after his death, the SETE operating company said in a statement.

In Davos, AI excitement persists but fears over managing risks
In Davos, AI excitement persists but fears over managing risks
Technology

Walking around in Davos where the global elites gathered for the World Economic Forum this week, there were two inescapable words on the windows: artificial intelligence. AI was the buzzword on everyone's lips at the World Economic Forum, when they weren't talking about a possible return of former US president Donald Trump.

Tata Steel axes UK jobs as industry forges green future
Tata Steel axes UK jobs as industry forges green future
Economy

Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry struggles to finance greener production of the metal. Tata Steel had threatened to shut the plant unless it received state aid to help decarbonise production and cut emissions, while the job cuts followed talks with unions aimed at protecting employment.

Tata Steel says to cut up to 2,800 UK jobs
Tata Steel says to cut up to 2,800 UK jobs
Economy

Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal. Tata Steel employs about 8,000 staff in the UK. Towards the end of last year, the UK government provided £500 million ($634 million) to fund the production of "greener" steel at the country's biggest steelworks, while saying that 3,000 jobs were still at risk.

Tens of thousands sign up for French electric car leasing scheme
Tens of thousands sign up for French electric car leasing scheme
Economy

The French government has been flooded with applications from low-income households to lease a subsidised electric car from 100 euros ($109) a month, Environment Minister Christophe Bechu said on Friday. Some 90,000 people have applied to the scheme since the start of the month, Bechu said, whereas the government had only planned to subsidise the rental of 25,000 electric vehicles this year.

Economic outlook keeps investors wary on Nigeria
Economic outlook keeps investors wary on Nigeria
Economy

Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa's largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu. Elected on the promise of a programme called "Renewed Hope", Tinubu has repeatedly called for "patience" from Nigerians as those reforms take root.

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