AFP
13876 articles published since 08 Mar 2022
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PepsiCo sued by New York state over plastic pollution
New York state sued PepsiCo on Wednesday, pointing to the soda giant's plastic waste as a scourge of waterways and blasting the company's "misleading" statements on the environment. The plastics "cause wide-ranging harms to the public and New York State," said the suit, which points to the presence of microplastics throughout the human body and fish game species.
Nobody wants a Musk monopoly on satellite internet: Eutelsat boss
The boss of European satellite operator Eutelsat knows her task will not be easy: to forge a competitor to Elon Musk's Starlink and provide superfast internet from space. "They tell us they took Starlink because there wasn't anyone else.
Media mogul Murdoch says he'll stay 'active' after passing torch
Conservative media mogul Rupert Murdoch, who hands control of his empire to son Lachlan this week, on Wednesday pledged to maintain an "active role" in the business and slammed "intolerant" elites for silencing debate one year before the 2024 election. The 92-year-old Murdoch formally passes the torch to 52-year-old Lachlan at News Corp on Wednesday.
UK rental market suffers record price rise
UK housing rental prices spiked by a record rate with London hit particularly hard, official data showed Wednesday, stoking a cost-of-living crisis as inflation remains elevated despite a sharp slowdown. UK inflation also remains the highest among the G7 rich nations and is more than double the Bank of England's official two-percent target.
Czech court nixes ex-PM Babis's acquittal in EU fraud case
Former Czech billionaire premier Andrej Babis will go back to court over an EU fraud case after an appeals court cancelled his acquittal, a specialised judiciary website said Wednesday. The High Court in Prague scrapped the January verdict acquitting Babis because of "insufficient and wrongly used evidence", said the Ceska justice (Czech Judiciary) website.
US retail sales, producer prices register October fall
Retail sales in the United States fell slightly in October, according to government data published Wednesday, fueled by a large drop in consumer spending at furniture and home furnishing stores. Spending at furniture and home furnishing stores saw the largest monthly decline in October, falling by 2.0 percent from a month earlier.
Bangladesh garment factories reopen after violent protests
Bangladesh garment factories reopened Wednesday as hundreds of thousands of workers returned to key manufacturing hubs after days of violent protests demanding a near-tripling of the minimum wage. Top union leader Babul Akhter said on Wednesday that while they still rejected the new minimum wage, he urged workers to return to factories.
Inflation, higher rates hit eurozone growth outlook
The European Commission on Wednesday lowered its eurozone growth forecast for 2023 and 2024, saying the high cost of living and interest rates were weighing on consumers and businesses.
China's Tencent posts Q3 income slide despite revenue growth
Chinese internet giant Tencent announced on Wednesday a nine percent year-on-year dip in third-quarter net income, even as it posted growth in revenue over the same period. Total third-quarter revenue for the tech giant stood at 154.6 billion yuan ($21.3 billion), up 10 percent year-on-year and up four percent from the second quarter.
AFP
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