AFP
13876 articles published since 08 Mar 2022
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UK's colossal HS2 project in danger of going off the rails
HS2, the UK's second high-speed train line after the one leading to the Channel Tunnel, has suffered spiralling costs despite the route being cut short, raising fears the project could be further derailed.
One year on, Nord Stream sabotage remains a mystery
The September 26, 2022 explosions that damaged the Nord Stream pipelines cut off a major route for Russian gas exports to Europe and fuelled geopolitical tensions already running high over Moscow's invasion of Ukraine. - Late last September, a series of underwater blasts ruptured three of the four pipelines that make up Nord Stream 1 and Nord Stream 2, spewing gas into the Baltic Sea.
Lachlan Murdoch, the choice of continuity
Lachlan Murdoch, the heir of the sprawling media empire whose politics skew as conservative as his father Rupert's, is set to take over the family business in November, the choice of continuity.
Hopes rise for end to Hollywood writers' strike as talks extend
Hollywood writers and studios were due to meet for a third consecutive day of high-level talks Friday, raising the industry's hopes that an end to the costly 144-day Writers Guild of America strike could finally be near. There have been no known contract talks between the studios and the actors' 160,000-strong SAG-AFTRA guild since that strike began.
Central banks in no rush to cut interest rates
Investors were hoping to hear central banks finally signal this week that they were close to being done raising interest rates in their battle against inflation. The central bank also unsettled investors by saying that only two cuts were expected next year instead of four as anticipated.
Rupert Murdoch's handover to son Lachlan sparks concern in London
Rupert Murdoch's announcement that he will hand over control of his global media empire to son Lachlan has put the group's British media, including the tabloid The Sun, on tenterhooks about its future place in the conglomerate.
Adidas boss apologises for controversial Ye comments
The head of Adidas has apologised after speculating that Kanye West did not "mean what he said" with anti-Semitic remarks that put an end to his collaboration with the German sportswear brand. Gulden had "apologised for his misstatement", the head of the Anti-Defamation League, Jonathan Greenblatt, said in a post on X, formerly known as Twitter.
US auto workers union expands strike at General Motors, Stellantis
The US auto workers union expanded a potentially economically and politically damaging strike against two of Detroit's "Big Three" Friday -- and invited President Joe Biden to support workers on the picket line.
US Fed official calls for more rate hikes to tackle inflation
The US Federal Reserve has more work to do to tackle high inflation despite making "considerable" progress in the last 18 months, a senior bank official said Friday. "I see a continued risk that energy prices could rise further and reverse some of the progress we have seen on inflation in recent months," Bowman said Friday.
AFP
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