AFP
13876 articles published since 08 Mar 2022
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Layoffs at music outlet Pitchfork as Conde Nast merges it with GQ
Conde Nast is merging the popular digital music publication Pitchfork with the men's magazine GQ, a decision that has triggered anger over resulting layoffs and concern for the outlet's future. GQ is a monthly men's magazine, with a focus on feature writing and celebrity coverage.
Samsung turns to AI to regain smartphone throne
Samsung on Wednesday released its latest Galaxy smartphones with new artificial intelligence features as the South Korean giant seeks win back its spot as the world's biggest phone seller from Apple. The S24 came out just days after industry data showed that Apple's iPhone for the first time became the world's biggest selling smartphone after Samsung's 12-year run as leader.
Apple hit again with US ban in watch patent feud
A federal appeals court on Wednesday ordered Apple to halt the US sale of its latest smartwatch models in a feud over patents with health company Masimo. The ban on certain Apple smartwatch models will come into effect Thursday as the iPhone juggernaut is ordered to await the outcome of its appeal.
US business 'optimistic' about interest rates cuts: Fed
US businesses say they are "optimistic" about the prospect of falling interest rates, even as economic conditions have remained largely unchanged in recent weeks, the Federal Reserve said Wednesday. In past weeks, businesses have sounded optimistic about the likelihood of lower rates in the months to come, the Fed announced in its regular update of economic conditions known as the "beige book."
European crew poised for private mission to International Space Station
An all-European crew including Turkey's first astronaut are poised to blast off to the International Space Station in a mission with Axiom Space, as countries hungry for a taste of space turn increasingly to the private sector. Axiom-3 therefore allows Sweden to put its second national in space.
Heavy snow, freezing rain hobble European travel
Severe winter weather in northern Europe prompted the cancellation of hundreds of flights Wednesday at Frankfurt airport, Germany's busiest, while heavy snow in Scandinavia shut down air travel in Oslo for several hours. Oslo airport said it closed for several hours because of heavy snow, before reopening at 3:30 pm (1430 GMT).
Trade barriers can slow energy transition: IEA chief
Trade barriers can slow the world's energy transition but commerce also needs to be fair, International Energy Agency chief Fatih Birol said Wednesday, as world powers tussle over the technologies key to fighting climate change. "Trade barriers can well be a factor slowing down the global clean energy transitions," Birol told AFP on the sidelines of the conference in the Swiss Alpine resort.
US retail sales beat expectations in December to wrap solid year
US retail sales accelerated more than anticipated in December, closing out a year marked by resilient consumption, government data showed on Wednesday. Compared with December 2022, retail sales last month was 5.6 percent higher, according to the latest data.
UK inflation in shock rise, dashing rate cut hopes
British annual inflation unexpectedly picked up in December, data showed Wednesday, dashing hopes of an early cut to UK interest rates and prolonging a cost-of-living squeeze before an election. The BoE has lifted interest rates to a 15-year peak in a bid to dampen inflation, worsening a cost-of-living crisis as commercial lenders mirror the higher loan costs to businesses and consumers.
AFP
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