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13876 articles published since 08 Mar 2022

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All-time high export volumes widen Canada trade surplus
All-time high export volumes widen Canada trade surplus
Business and Economy

Canada's trade surplus widened sharply to Can$1.9 billion (US$1.4 billion) in April, as exports rebounded to an all-time high in terms of volumes, the national statistical agency said Wednesday. According to Statistics Canada, exports increased 2.5 percent in April after two consecutive monthly declines.

Pullback in exports widens US trade gap in April
Pullback in exports widens US trade gap in April
Business and Economy

The US trade deficit grew in April on a pullback in exports, bringing the gap to its widest since October 2022, according to government data released on Wednesday. In April, the overall trade deficit was $74.6 billion, expanding slightly less than expected by $14 billion, according to Commerce Department data.

AI meets VR to keep Holocaust memory alive
AI meets VR to keep Holocaust memory alive
Business and Economy

Inge Auerbacher fears for a future when Holocaust survivors like her can no longer bear witness. "I spent much of my life with Holocaust survivors and in spite of all of the hate that they experienced, they have made amazing contributions to society," he told AFP. "There's a great deal to take from the human spirit, from resilience and tenacity.

EU approves first vaccine against common respiratory virus
EU approves first vaccine against common respiratory virus
Business and Economy

The European Commission has followed the United States in approving the world's first vaccine for the Respiratory Syncytial Virus, to be used by adults aged 60 and over, its maker GlaxoSmithKline said Wednesday. GSK said RSV is "a common, contagious respiratory virus that leads to... approximately 20,000 in-hospital deaths each year in adults aged 60 years and over in Europe".

OECD slightly raises world GDP growth forecast to 2.7%
OECD slightly raises world GDP growth forecast to 2.7%
Business and Economy

The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned the recovery faces a "long road". "The global economy is turning a corner but faces a long road ahead to attain strong and sustainable growth," OECD chief economist Clare Lombardelli wrote in the OECD's Economic Outlook.

'World's best restaurant' to reopen in Spain as museum
'World's best restaurant' to reopen in Spain as museum
Business and Economy

Spain's elBulli, repeatedly voted the world's best restaurant before it closed over a decade ago, is set to reopen as a museum dedicated to the culinary revolution it sparked. "It's not about coming here to eat, but to understand what happened in elBulli," the 61-year-old told AFP near the kitchen of the restaurant he ran for over two decades.

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