AFP
13875 articles published since 08 Mar 2022
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EU defends split with UK on Microsoft, Activision Blizzard bid
The EU anti-trust chief on Thursday defended the bloc's decision to approve Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard despite the UK's block on it. Xbox-owner Microsoft launched a bid for Activision Blizzard early last year, seeking to establish the world's third biggest gaming firm by revenue after China's Tencent and Japan's PlayStation maker Sony.
South Korea hails successful launch of homegrown rocket
South Korea said Thursday it had successfully launched its homegrown Nuri rocket and placed working satellites into orbit, hailing a key step forward for the country's burgeoning space programme. It was the third launch of the Nuri, which successfully put test satellites into orbit last year after a failed 2021 attempt saw the rocket's third-stage engine burn out too early.
South Korea launches homegrown rocket after delay
South Korea launched its homegrown Nuri rocket on Thursday, officials said, a day after it was forced to postpone due to a technical glitch just hours before lift-off. "With the success of the third launch, it signals that South Korea has a homegrown launch vehicle.
Germany in recession as inflation, higher interest bite
Germany fell into a recession around the turn of the year, official figures published Thursday showed, as inflation and higher interest rates curbed demand in Europe's largest economy.
Laggard Italy battles EU over green car transition
Italy's nationalist government is leading the revolt against EU plans to tighten vehicle emissions limits, vowing to defend the automotive industry in a country still attached to the combustion engine.
China steps up response to US chip moves but economic reality limits how far
Beijing's restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs marks a major step up in its response to Washington's pressure and could open the door for further measures in the geopolitical standoff, analysts say.
Brazil's Indigenous peoples ministry could see key powers curbed
Brazil's congress could strip the ministries of environment and Indigenous peoples of key functions, their heads warned Wednesday. The initiative to create a Ministry of Indigenous Peoples was welcomed by environmentalists, who consider Indigenous reserves an important tool against deforestation and climate change.
Most markets down as US debt impasse sparks Fitch ratings warning
Most Asian equities sank Thursday on fears of a US default as the struggle to hammer out a debt deal led Fitch to warn the country's gold-plated credit rating was at risk. On Wednesday, the uncertainty led Fitch to put the country's AAA-ranked credit on "rating watch negative".
US, Microsoft warn Chinese hackers attacking 'critical' infrastructure
State-sponsored Chinese hackers have infiltrated critical US infrastructure networks, the United States, its Western allies and Microsoft said Wednesday while warning that similar espionage attacks could be occurring globally. They said a "state-sponsored cyber actor" from China was behind Volt Typhoon and that the hacking was likely occurring globally.
AFP
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