AFP
13876 articles published since 08 Mar 2022
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Honda posts record profit, issues cautious forecasts
Japanese auto giant Honda on Friday logged a record annual profit thanks to improving global vehicle sales, but issued a cautious outlook for the current fiscal year. On Friday, Honda said global vehicle sales were up, thanks largely to its vehicles' popularity in the United States.
UK economy exits recession ahead of election
Britain exited a shallow recession with better-than-expected growth in the first quarter, official data showed Friday, in a boost to embattled Prime Minister Rishi Sunak ahead of this year's election. GDP shrank by 0.3 percent in the fourth quarter of 2023 after contracting 0.1 percent in the prior three months, the ONS confirmed Friday in unrevised data.
Chip giant TSMC's April revenue jumps 60% on-year
Taiwanese chip giant TSMC's April revenue jumped nearly 60 percent on-year, the firm said Friday, riding a huge wave of demand for the advanced semiconductors used in AI hardware. This compares with a 34.3 percent on-year jump in March 2024.
In Benin, tensions soar over cost of living
In the heart of Cotonou’s large Dantokpa market, Diane Makpenon's family corn shop is less busy than usual these days. "Going to the market has become torture.
Iceland's 'Mammoth' raises potential for carbon capture
With Mammoth's 72 industrial fans, Swiss start-up Climeworks intends to suck 36,000 tonnes of CO2 from the air annually to bury underground, vying to prove the technology has a place in the fight against global warming.
Asian markets mostly rise as US data boosts rate hopes
Growing hopes that the Federal Reserve and other central banks are close to cutting interest rates helped push Asian stocks higher Friday. The European Central Bank is expected to cut its rates in June.
Einstein and anime: Hong Kong university tests AI professors
Using virtual reality headsets, students at a Hong Kong university travel to a pavilion above the clouds to watch an AI-generated Albert Einstein explain game theory. While initially hesitant, most Hong Kong universities last year allowed students to use AI to degrees that vary from course to course.
Apple apologizes for iPad 'Crush' ad after backlash
Apple apologized on Thursday after an ad for its latest-edition iPad caused an uproar for showing an industrial press crushing objects linked to human creativity, infuriating artists. At the end, the press pulls back and reveals Apple's latest tablet, the iPad Pro, touted as ultra-thin.
American Airlines union seeks Biden support in contract fight
Dozens of American Airlines flight attendants demonstrated Thursday in front of the White House as they seek to be allowed to strike during protracted contract negotiations.
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