AFP
13876 articles published since 08 Mar 2022
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Paris says tough Airbnb rules 'working' as violations fall
The city of Paris said on Monday that its tough restrictions on the online accommodation service Airbnb were working, pointing to fewer violations of the code this year in the French capital but stiffer fines. Airbnb use has grown dramatically in recent years across the world, with the service allowing users to find accommodation in a private home rather than a hotel.
French billionaire Drahi feels 'betrayed' as graft claims swirl
With corruption claims threatening to engulf his global business empire, French-Israeli billionaire Patrick Drahi said Monday that he felt "betrayed and deceived" by a small group of his colleagues.
Saudi Aramco Q2 profits drop 38% on lower prices: statement
Oil firm Saudi Aramco on Monday announced profits of $30.08 billion for the second quarter, a sharp fall from the same period last year when prices surged after Russia invaded Ukraine. Aramco reported record profits totalling $161.1 billion last year, allowing the kingdom to notch up its first annual budget surplus in nearly a decade.
Asian markets fluctuate after mixed US jobs report
Asian equities swung Monday following a mixed US jobs report that left investors weighing the chances of another Federal Reserve interest rate hike. The cheer was offset by a still-strong read on wage growth, which backed up the hawkish outlook for more tightening, with Bloomberg reporting traders see a 40-percent chance of another hike this year.
Relief and despair: repeal of logging ban divides Kenya
It was the news Kenya's timber industry had waited over five years to hear: a ban on logging was over, and the country's forests were once again open for business. The ban was introduced at a time when Kenya's forests were being cleared at a rate of 5,000 hectares a year, depleting water supply in the drought-prone country, and contributing to global warming.
Water-stressed Iraq dries up fish farms
Iraqi villager Omar Ziad gazes at the cracked and barren earth where his fish farm once stood, lost to water conservation efforts during a devastating four-year drought. "I've worked in this industry since 2003," the 33-year-old said at his village of Al-Bu Mustafa in Iraq's central Babylon province.
New York drives towards first US congestion charge
New York wants to introduce car-loving America's first congestion charge, but the move faces fierce opposition -- including from the city's famous yellow taxis. New York Governor Kathy Hochul has vowed that New Jersey's suit will not stop congestion pricing from going ahead.
Musk says his cage fight with Zuckerberg will stream on X
Elon Musk said Sunday that the "cage match" he and Meta CEO Mark Zuckerberg have seemingly agreed to as a fund-raiser will be carried live on X, formerly known as Twitter, which he owns.
French paper launches first edition under far-right editor
France's only national Sunday newspaper this weekend published its first edition under the leadership of a controversial far-right editor, whose appointment had prompted an unprecedented and lengthy staff walkout.
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