AFP
13876 articles published since 08 Mar 2022
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Russian cybersecurity firm founder jailed on treason charges
Russia on Wednesday sentenced Ilya Sachkov, co-founder of the Group-IB cybersecurity firm, to 14 years in prison on treason charges, according to an AFP journalist in the Moscow court.
Boeing shares rise despite Q2 loss as it boosts plane production
Boeing reported a $149 million second-quarter loss Wednesday following delays and cost issues in its defense and space program, but shares rallied on increased commercial jet deliveries. The company's defense, space and security business also experienced an operating loss, hit by delays in the Starliner spacecraft and increased costs connected to the T-7A jet trainer program.
Proton using VPN sign-ups to spot attacks on democracy
Internet privacy company Proton announced Wednesday a new VPN Observatory, tracking demand for its services to detect attacks on free speech in countries like Russia and Iran before they hit the headlines.
Stocks, dollar retreat before Fed rate decision
Major stock markets mostly retreated Wednesday as a China-induced rally gave way to cautious trading ahead of a Federal Reserve policy decision, with fresh data reviving the possibility of more US rate hikes before the end of the year. The Paris stock market fared worse than London and Frankfurt on Wednesday, shedding nearly two percent in afternoon deals.
Deadly fire burning on car transport ship off Netherlands
Authorities were battling Wednesday a deadly blaze raging aboard a car carrier ship off the Netherlands, sparking fears of ecological damage to a fragile nearby island chain. The Fremantle Highway is an 18,500-tonne car carrier ship and was sailing between Bremerhaven in Germany and Port Said in Egypt when the blaze broke out, according to the marinetraffic.com website.
Tech giants form AI group focused on ensuring safety
Four US leaders in artificial intelligence (AI) announced Wednesday the formation of an industry group devoted to addressing risks that cutting edge versions of the technology may pose. Anthropic, Google, Microsoft, and ChatGPT-maker OpenAI said the newly created Frontier Model Forum will draw on the expertise of its members to minimize AI risks and support industry standards.
Will climate change hit Mediterranean tourism?
Destructive fires, temperatures topping 40 degrees Celsius (104 degrees Fahrenheit) and tourists dodging possible catastrophe by staying home. Even in Greece it is not certain that the fires will dissuade tourists from coming.
Kuwait records first fiscal surplus in nearly a decade: ministry
Kuwait recorded its first surplus in nine years for the 2022-2023 fiscal year which ended in March, the finance ministry said on Wednesday, crediting last year's surge in oil prices. More than 92 percent of revenues came from oil after prices surged following last year's Russian invasion of Ukraine.
Santander posts record profit despite special tax
Spanish lender Banco Santander reported Wednesday a record profit for the first half of the year despite a windfall tax imposed on banks, as rising interest rates lifted its earnings. Banco Santander is the latest European banking giant to get a lift from central bank rate hikes aimed at taming high inflation.
AFP
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