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13876 articles published since 08 Mar 2022

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Job growth up in US private sector on services boost
Job growth up in US private sector on services boost
Economy

Hiring in the US private sector rebounded in October, with education and health care creating the most jobs, payroll firm ADP said Wednesday. In October, the US private sector added 113,000 jobs, above the 100,000 figure expected by analysts, according to the latest ADP report.

German finance minister casts doubt on 2030 coal exit
German finance minister casts doubt on 2030 coal exit
Economy

German Finance Minister Christian Lindner on Wednesday called into question the government's aim to end coal use in Europe's largest economy by 2030. "Until it is clear that energy is available and affordable, we should end dreams of phasing out electricity from coal in 2030," Lindner said in an interview with the German daily Koelner Stadt-Anzeiger.

Macron calls to strengthen partnerships in Central Asia visit
Macron calls to strengthen partnerships in Central Asia visit
Economy

French President Emmanuel Macron said he wanted to "accelerate cooperation" with Kazakhstan on Wednesday, as part of a visit to boost France's footprint in Central Asia. Several French presidents have visited Kazakhstan since the fall of the Soviet Union, but Macron will be the first to go to Uzbekistan since 1994.

Russian aviation sector faces strong headwinds
Russian aviation sector faces strong headwinds
Economy

Russia's aviation industry is facing heavy turbulence, as concerns for passenger safety mount in the face of poor maintenance, a lack of spare parts and regular breakdowns. Almost two years into the Ukraine conflict, Kyiv has revelled in the turbulence facing the Russian industry as a result of sanctions.

Toyota hikes annual forecast as first-half net profit doubles
Toyota hikes annual forecast as first-half net profit doubles
Economy

Toyota ramped up its annual net profit forecast to $26.1 billion on Wednesday after reporting it more than doubled in the first six months of the year. For the six months to September, Toyota said net profit more than doubled to 2.59 trillion yen on sales of 21.98 trillion yen, which were up almost a quarter on the previous year.

Europe's economic powerhouse tests a shorter working week
Europe's economic powerhouse tests a shorter working week
Economy

Maximilian Hermann's weekend starts on Friday morning, when he puts his motorcycle helmet on and takes his bike out for a ride to the southern German Alps. Among the pioneers of the four-day week is Hermann's employer KlimaShop, a purveyor of heat pumps and air-conditioning systems based near Augsburg in southern Germany.

China lithium boom harming fragile Tibetan plateau: report
China lithium boom harming fragile Tibetan plateau: report
Economy

China's booming electric vehicle industry is fuelling a lithium rush in the Tibetan plateau that risks damaging the troubled region's fragile ecology and deepening rights violations, research published Wednesday said. But many exiled Tibetans accuse China's ruling Communist Party of repression, torture and eroding their culture, with rights groups and some Western governments backing their claims.

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