AFP
13876 articles published since 08 Mar 2022
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Former Wall Street exec named head of Turkey central bank
Turkish President Recep Tayyip Erdogan appointed former Wall Street executive Hafize Gaye Erkan as central bank governor on Friday, signalling a possible shift from his unconventional policies to fight soaring inflation. Erdogan in the past sacked central bank governors after disagreements over interest rate policy, in a move that unsettled investors.
Asian markets rise on revived hopes for a Fed rate pause
Stocks rallied again in Asia on Friday, fired by renewed optimism that the Federal Reserve will hold off lifting interest rates next week as fresh data indicated further tightening in the US labour market.
Small shops boom as Cuban private sector takes hold
Like mushrooms after the rain, small stores are springing up all over Havana, many run from homes or garages as the private sector finally gains a foothold in communist Cuba. He lost his work in a restaurant that closed during the pandemic, then opened a Hawaiian fast-food restaurant with two friends, which they run from a private home.
QR code menus spark love-hate row in Rio, and beyond
Leafing through the leather-bound menu at a classic Rio de Janeiro restaurant, the tile-floored, wood-paneled Armazem Sao Thiago, 28-year-old Paula Cardoso says something that amounts to heresy in this establishment: "I prefer QR code menus." They are "much more practical," says Cardoso, the trendy young marketing manager who found herself going vintage at Armazem Sao Thiago.
Canada wildfires spark 'ecoterrorist' conspiracy theory
As Canada hurtles towards its worst wildfire season in history, a conspiracy theory has taken off online claiming environmentalists intentionally set some of the blazes. In California in 2021, arsonists were behind several wildfires -- but there is no evidence they were pushing a climate change agenda, as some people claimed online.
Meta's Zuckerberg shakes off Apple Vision Pro: report
Meta chief Mark Zuckerberg on Thursday told employees that while Apple's mixed reality gear may be nice, it is not his vision of the future, according to US media reports. "We innovate to make sure that our products are as accessible and affordable to everyone as possible," Zuckerberg was reported to tell employees.
GM reaches deal for access to Tesla's North American chargers
Tesla will open its North American electric vehicle charging network to cars from rival General Motors beginning in 2024, Tesla CEO Elon Musk and GM Chief Mary Barra announced Thursday. The Tesla network will initially require an adaptor for GM cars in 2024.
First self-driving urban ferry sets sail in Stockholm
A self-driving electric ferry set sail in Stockholm on Thursday, making the Swedish capital the world's first city to put the technology to use, the company behind it said. The firm wants to increase the number of shuttles in Stockholm and abroad.
Ruby gemstone sells for record $34.8 million
A ruby sold at Sotheby's in New York on Thursday for $34.8 million, setting a new record price at auction for the precious stone. That set a record per carat of $3.29 million for a stone of its color.
AFP
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