AFP
13876 articles published since 08 Mar 2022
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New York riot erupts as influencer touts game console giveaway
A New York gathering called by a popular online influencer drew an unexpectedly large crowd on Friday and degenerated into violence that left people injured, prompting a massive police turnout, authorities said. As the streets heaved, young men started throwing objects from a nearby construction site, targeting people in the crowd and the police, who were rapidly deployed in large numbers.
Italian football clubs lost 3.6 bn euros during Covid pandemic
Italian professional football clubs lost 3.6 billion euros ($3.97 bn) between 2019 and 2022 due to Covid and pandemic-related restrictions, according to an annual report.
World's oceans set new surface temperature record: EU monitor
The world's oceans set a new temperature record this week, raising concerns about knock-on effects on the planet's climate, marine life and coastal communities. The overheating of the oceans is predicted to have other effects on marine plant and animal life too, including on the migration of certain species and the spread of invasive species.
US hiring cooler than expected in July but wage gains hold steady
Job creation in the United States was lower than anticipated in July, according to government data released Friday, hovering at the slowest pace since late 2020 in encouraging news for policymakers.
Maersk sees weaker demand for shipping
Maersk, the world's second-largest container shipping firm, said Friday it expects shipping volumes to fall this year as companies continue to reduce inventories. The Danish firm had previously expected shipping volumes to be flat or dip slightly this year, but now sees them down one to four percent.
German industrial orders leap in June
German industrial orders jumped in June for the second month in a row on the back of major contracts despite the downturn dragging on Europe's top economy, official data released Friday showed. New orders, closely watched as a predictor of future industrial activity, rose by 7.0 percent month-on-month after 6.2 percent in May, federal statistics agency Destatis said.
China says it will remove tariffs on Australian barley
China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions. But their icy relations appear to have thawed since Australia's centre-left government adopted a less confrontational approach to China following its election a year ago.
Asian markets mixed as traders nervously await US jobs report
Asian markets were mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans. Wall Street sank in response to the higher Treasury yields, extending a sell-off that has marked the week in New York.
Apple profits edge higher despite lower iPhone sales
Apple reported modestly higher quarterly profits Thursday despite another dip in revenues, as a record performance in services offset lower iPhone sales.
AFP
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