AFP
13876 articles published since 08 Mar 2022
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Vinfast plans first EV factory in India
Vietnamese carmaker VinFast said it will build its first electric vehicle factory in India as part of a planned $2 billion investment, as it looks to expand into the rapidly growing market. In the statement, the company said that the "VinFast Tamil Nadu project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units".
Asian markets drop as US jobs deal fresh blow to early rate cut hopes
Asian markets stumbled out of the gates Monday, extending last week's grim start to the year, after a forecast-busting US jobs report further dampened hopes for an early interest rate cut. "Solid US jobs growth, cautious Fed minutes and a still robust US economy raise doubts about markets' aggressive Fed rate-cut expectations."
Boeing hit by new headwinds in recent mid-flight scare
A mid-air emergency in which a piece of fuselage came off a Boeing 737 MAX 9 jetliner as it flew over the US west coast dealt a new blow to the oft-beleaguered manufacturer.
Strike to halt London underground services
London's underground train network was to grind to a virtual halt for several days late Sunday due to a strike over wages. "Transport for London has failed to avert this strike by not offering a deal that was acceptable to our members on London Underground," an RMT spokesperson said.
Private industry leads America's first Moon landing since Apollo
The first American spacecraft to attempt to land on the Moon in more than half a century is poised to blast off early Monday -- but this time, private industry is leading the charge. Controlled touchdown on the Moon is a challenging undertaking, with roughly half of all attempts ending in failure.
EU Council President Michel says to step down early
Belgian politician Charles Michel has announced he will step down early as European Council president after he runs in the European Parliament elections set for June. He said he would head the list of the liberal Reformist Movement (MR) party, of which he is a former leader, in the European Parliament elections and step down as Council president in July.
EU Council President Michel says to step down in July
Belgian politician Charles Michel has announced he will step down as European Council president after running in the European Parliament elections set for June.
US regulator orders inspections on some Boeing MAX 9 planes after emergency
The US air safety regulator announced Saturday it was grounding and ordering inspections on some Boeing 737 MAX 9 airplanes a day after a window panel blew out of one of the aircraft over the state of Oregon.
Global maritime trade sails into geopolitical storm
International maritime trade has hit stormy waters as attacks by Yemen's Huthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge. - Taiwan elections - Attacks in the Red Sea are not the only ones disrupting international trade.
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