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13876 articles published since 08 Mar 2022
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TotalEnergies announces land review in controversial Africa projects
French energy giant TotalEnergies on Thursday said it had launched a land acquisition assessment for controversial $10-billion projects in Uganda and Tanzania slammed by environmentalists. TotalEnergies said Thursday it had named Benin's former Prime Minister Lionel Zinsou to lead its land acquisition assessment, calling him a "recognised expert in African economic development".
Asian markets extend new year retreat after Fed minutes
Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.
Elvis to get hologram treatment at new London show
A new immersive Elvis Presley show will open in central London later this year, bringing the king of rock 'n' roll back to life with the help of artificial intelligence (AI), organisers said Thursday. "Elvis Evolution" comes after the success of Swedish supergroup ABBA's "ABBA Voyage" digital avatar show, which opened at a purpose-built venue in east London in May 2022.
Private sector funding key to climate transition, World Bank chief says
The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told AFP on Wednesday. - As part of a push to increase its climate financing, the World Bank Group recently raised its target for climate-related projects from 35 percent of its annual financing to 45 percent.
US teen becomes first human to beat Tetris
A US teenager has beaten classic computer game Tetris, forcing it into a game-ending glitch in a feat previously achieved only by artificial intelligence. "Congratulations to ‘blue scuti’ for achieving this extraordinary accomplishment, a feat that defies all preconceived limits of this legendary game," a statement said. hg/dw
US interest rates likely to stay high 'for some time': Fed minutes
US Federal Reserve officials expect interest rates will need to remain high "for some time" to tackle stubborn inflation, according to minutes of the most recent rate decision published on Wednesday.
Argentina court suspends Milei labor reforms
Argentine judges on Wednesday suspended labor law changes that form part of a mega-decree of sweeping economic reforms and deregulation announced by the country's new libertarian president, Javier Milei.
GM rides 'strong demand' to grow US auto sales
US automaker General Motors reported Wednesday a jump in vehicle sales for 2023, citing robust demand in a year also boosted by easing supply issues. On Wednesday, it also highlighted a sharp rise in total electric vehicle sales, of nearly 76,000 units.
Ethiopia defends Somaliland deal as Somalis protest
Ethiopia insisted on Wednesday that its controversial deal with the breakaway region of Somaliland broke no laws after Somalia accused its neighbour of a blatant attack on its sovereignty. East African regional grouping IGAD voiced its "deep concern" about the developments, while the European Union insisted Somalia's sovereignty should be respected.
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