AFP
13875 articles published since 08 Mar 2022
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Lawsuits pile up over Credit Suisse bonds write-down
Lawsuits pile up over Credit Suisse bonds write-down
Israelis march against budget 'looting' for ultra-Orthodox Jews
Thousands of Israelis on Tuesday protested the allocation of funds to ultra-Orthodox Jews in the government's proposed state budget. Opposition head Yair Lapid said the budget was "destructive" as it included monies to ultra-Orthodox Jews that discourage them from taking a more active part in Israeli economy.
US, European lawmakers demand axe for oil exec heading climate talks
More than 100 members of the US Congress and the European Parliament called Tuesday for the removal of an oil industry executive tapped to lead the next UN climate change conference. They urged the leaders to "limit the influence of polluting industries" at gatherings of the United Nations Framework Convention on Climate Change.
Netflix expands password-sharing crackdown worldwide
Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. The streaming television giant told financial analysts recently that it had delayed a broad crackdown on sharing of account passwords "to improve the experience for members."
Uber taps into self-driving tech of former rival Waymo
Google-owned Waymo on Tuesday said it will put its self-driving car technology to work for Uber in a partnership between the one-time rivals. Uber sold its autonomous car division in 2020 to Aurora in a deal that gave the ride-hailing giant a stake in the startup developing self-driving technology, the companies said at the time.
EU battles in court to overturn Apple tax bill ruling
Apple and Brussels butted heads in a top EU court on Tuesday as the bloc battled to overturn a ruling against its whopping 13-billion euro order on the iPhone-maker to pay Ireland in back taxes.
JPMorgan Chase invests $200 mn on carbon removal
JPMorgan Chase announced Tuesday it has signed long-term agreements to purchase $200 million worth of carbon dioxide removal, saying the investment would boost a key emerging climate change solution. Under one of the projects announced Tuesday, JPMorgan signed a nine-year agreement with Climeworks to deliver 25,000 metric tons of carbon removal.
IMF forecasts UK economic growth in major U-turn
The IMF on Tuesday delivered a major U-turn on its forecast for the UK economy, saying it expected growth this year just one month after predicting a contraction. Separately Tuesday, the Bank of England -- which already predicted the UK would avoid recession this year following its own U-turn -- admitted it had made errors over forecasting British inflation.
US debt talks to resume after 'productive' Biden-McCarthy meeting
Negotiations to avert a catastrophic US debt default look set to go to the wire, with talks resuming Tuesday after President Joe Biden and the Republican speaker of the House failed to reach agreement ahead of a June 1 deadline. Both Biden and House Speaker Kevin McCarthy described Monday's talks as "productive," but said disagreement remained on key issues.
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