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13876 articles published since 08 Mar 2022

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Ford pauses work on $3.5 bn battery plant
Ford pauses work on $3.5 bn battery plant
Business and Economy

Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said Monday, just seven months after launching the project with a Chinese partner. Ford said it would work with the Chinese company Contemporary Amperex Technology Co. to manufacture lithium iron phosphate batteries beginning in 2026 at the Marshall plant.

Tech firms roll back misinformation curbs ahead of 2024 polls
Tech firms roll back misinformation curbs ahead of 2024 polls
Business and Economy

As a global election season widely expected to be mired in misinformation and falsehoods fast approaches, the big US-based tech platforms are walking back policies meant to curb them, stoking alarm. "Social media companies aren't ready for the 2024 election tsunami," the watchdog Global Coalition for Tech Justice said in a report this month.

Air France-KLM to order 50 long-haul Airbus A350s: group
Air France-KLM to order 50 long-haul Airbus A350s: group
Business and Economy

Air France-KLM announced Monday that it was going to place a "major order" for 50 long-haul Airbus A350s, as part of its effort to introduce more fuel-efficient planes. The Airbus 350 is one of several more fuel efficient long-distance jets, along with other later generation planes including the Boeing 787 Dreamliner.

Macron promises heat pump boost in French climate plan
Macron promises heat pump boost in French climate plan
Business and Economy

President Emmanuel Macron said on Monday France will triple its heat pump production over the next four years as part of a government climate plan. The climate plan, Macron said, was part of France's strategy to foster "an ecology that creates economic value" in Europe, and to end "our dependence on fossil fuels" the price of which he said totalled 120 billion euros per year for France.

Polish farmers warn of EU threat from Ukraine grain
Polish farmers warn of EU threat from Ukraine grain
Business and Economy

At his family farm, Wieslaw Gryn voiced support for Poland's ban on Ukrainian grain imports, but said it had not reversed a price drop that threatens his livelihood and those of other European farmers. Gryn said Ukrainian farmers were helped by cheaper fertilisers, labour costs and larger farming businesses.

Picasso masterpiece begins pre-auction tour in Dubai
Picasso masterpiece begins pre-auction tour in Dubai
Business and Economy

A Pablo Picasso masterpiece expected to fetch at least $120 million at auction went on show Monday in Dubai, kicking off a set of rare viewings outside the United States. Walter, whose daughter with Picasso passed away last year, was also featured in "Femme assise pres d'une fenetre (Marie-Therese)", which sold in 2021 for $103.4 million by Christie's auction house.

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