AFP
13876 articles published since 08 Mar 2022
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Asia builds on global stocks rally as US jobs data cements rate hopes
Markets rallied again Monday following another strong performance on Wall Street, as below-forecast US jobs data fanned optimism that the Federal Reserve had reached the end of its interest rate hiking cycle.
Tech giants jockey for position at dawn of AI age
Whether they sell smartphones, ads or computer chips, the heavyweights of Silicon Valley have everything to prove to investors looking to see who is best placed in the race to dominate the generative artificial intelligence market.
Telecom Italia approves US fund's bid for network
Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision. Vivendi said it would "use all legal means at its disposal" to contest TIM's "illegal" decision.
Hamburg airport flights halted over 'hostage' situation
Air traffic at Hamburg airport remained suspended Sunday over a hostage situation on the tarmac involving a father and his child, German authorities said. On Sunday morning the airport management posted on X saying, "The police operation continues, air traffic remains suspended until further notice."
Poppy growth down 95% in Afghanistan since Taliban ban: UN
Poppy cultivation and opium production have plunged 95 percent in Afghanistan since Taliban authorities banned the crop, according to a UN report published Sunday. Since returning to power in 2021, Taliban authorities have vowed to end illegal drug production in Afghanistan and in April 2022 banned the cultivation of the poppy plant, from which opium and heroin are made.
Australia PM Albanese vows to 'work constructively with China'
Australian Prime Minister Anthony Albanese vowed on Sunday to "work constructively" with China as the two countries seek to thaw icy relations. "Constructive economic engagement between countries helps to build relationships... that is why the government that I lead will continue to work constructively with China," Albanese said in a speech.
Musk teases AI chatbot 'Grok,' with real-time access to X
Elon Musk on Saturday unveiled details of his new AI tool called "Grok," which can access X in real time and will be initially available to the social media platform's top tier of subscribers. "As soon as it's out of early beta, xAI's Grok system will be available to all X Premium+ subscribers," Musk said.
Bangladesh garment workers clash with police as factories reopen
Striking Bangladesh garment workers clashed with police on Saturday near the capital as factories reopened in defiance of a protest campaign demanding a near-tripling of wages. Police said some 600 businesses shuttered over the week had reopened in areas worst-hit by the strike, which saw some factories ransacked and set alight.
Donald Trump 'fired up' to testify in New York fraud case: son
Donald Trump's son Eric wrapped up his testimony on Friday in the civil fraud case against the family business empire and said his father is "fired up" to take the stand next week. Don Jr testified for two days this week and was followed on the stand by his younger brother.
AFP
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