AFP
13876 articles published since 08 Mar 2022
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Subcontractor lawsuit could test Amazon union relations
When they started to unionize, Amazon tried to get rid of them. But barely a week before they formally unionized, Amazon announced the cancellation of BTS's contract.
Microsoft, Google beat earnings expectations amid AI frenzy
Tech titans Google and Microsoft announced better then expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector. Google has played a close second to the partnership between Microsoft and OpenAI in rolling out its AI products following the release of ChatGPT that ignited a tech frenzy.
Hollywood heavyweights lead strike rally in Times Square
Hollywood A-listers including Emmy winner Bryan Cranston and a group of Oscar winners on Tuesday led a large rally of striking actors and writers in New York's Times Square, as the stalemate with studios and streamers dragged on.
UPS strike averted as deal reached with Teamsters union
The Teamsters union and UPS shipping announced Tuesday that the two sides had reached a tentative agreement on a five-year contract that would avert a crippling strike across the United States. In recent weeks, the prospect of a strike has raised worries among economists and among businesses that rely on the shipping giant.
Record grain harvest eyed as market under pressure
The world is heading for a record grain harvest in the 2023-2024 season thanks to gains for maize and rice, but the market remains under pressure thanks to El Nino and risks due to the war in Ukraine. The pressure on the wheat market is due to the level of stocks.
Luxury giant LVMH enjoys 'excellent' first half
LVMH, the world's top luxury group, said Tuesday it enjoyed an excellent first half with net profits soaring by 30 percent to 8.48 billion euros ($9.34 billion) thanks to strong growth in Asia and Europe. LVMH's leading business group of fashion and leather goods alone saw 17 percent revenue growth to 21.2 billion euros.
TotalEnergies drills first oil wells for huge Uganda project
TotalEnergies announced Tuesday it had started drilling wells for oil in Uganda as part of a huge project condemned by environmental and rights groups. "Total continues its greenwashing, trying to convince that its oil wells will not affect the local fauna thanks to the beige colour of the drilling towers 'to look like the surrounding savannah'," the two groups said in a statement.
Uncertainty as internet reaches remote Amazon
Covered in tattoos resembling jaguar spots, an Indigenous man connects to TikTok for the very first time from a previously off-the-grid village deep in the Amazon. On the day the antenna was installed, those with mobile phones -- mostly teens -- connected to TikTok, YouTube and sent voice messages on WhatsApp.
No successor named for Lebanon central bank chief: deputy PM
Crisis-hit Lebanon -- which has no president and is ruled by a caretaker government -- will also have to go without a central bank chief from next week, says the country's deputy premier.
AFP
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