AFP
13876 articles published since 08 Mar 2022
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ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business
ExxonMobil will acquire Denbury Inc., a specialist in enhanced oil recovery and carbon sequestration, for $4.9 billion as it builds out its low-carbon business, the oil giant announced Thursday.
UK public sector pay to increase but PM rules out more talks
UK Prime Minister Rishi Sunak on Thursday urged unions to call off strike action, warning the government will no longer negotiate on higher salaries. Sunak said all major teaching unions have accepted proposals for a 6.5-percent increase and suspended planned industrial action.
AI-supercharged neurotech threatens mental privacy: UNESCO
The combination of "warp speed" advances in neurotechnology, such as brain implants or scans that can increasingly peek inside minds, and artificial intelligence poses a threat to mental privacy, UNESCO warned on Thursday. But with neurotechnology "advancing at warp speed," UN Secretary-General Antonio Guterres said that ethical guidelines were needed to protect human rights.
UK economy falters as outlook darkens
The UK economy shrank in May on an extra public holiday for the coronation of King Charles III, official data showed Thursday, and as high inflation prolongs a cost-of-living crisis. June inflation data is slated for publication next Wednesday, amid heightened concern over the ongoing squeeze on living standards.
IEA trims demand forecast as interest rates weigh on growth
The IEA trimmed its forecast for 2023 oil demand for the first time this year as macroeconomic headwinds including higher interest rates bite, but still sees it reaching a record level thanks to China's thirst for fuel.
Google launches ChatGPT rival Bard in EU, Brazil
Google launches ChatGPT rival Bard in EU, Brazil
China exports plunge in June, deepening economic woes
Chinese exports tumbled more than expected in June, official data showed Thursday, putting fresh pressure on Beijing to unveil more stimulus measures to kickstart the flagging recovery. And weak economic data in developed countries "will put more pressure on Chinese exports" in the coming months, warned economist Zhiwei Zhang of Pinpoint Asset Management.
Markets surge on hopes Fed close to end of hiking cycle
Asian markets leaped Thursday on optimism the Federal Reserve's long-running campaign of interest rate hikes could be near an end after data showed US inflation rose less than expected last month.
Doctors walk out in UK health service's biggest strike
Hospital doctors in England will on Thursday stage the biggest walkout in the history of the UK's state-funded National Health Service, prompting fears for patient safety.
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