AFP
13875 articles published since 08 Mar 2022
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Europe charges up car battery drive with new plants
Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France. So the announcement by battery-maker Northvolt on Friday that it would go ahead with building a multi-billion-euro plant in northern Germany, after months of uncertainty, came as a major boost.
Royal Mail CEO steps down after delivery failures
The boss of Royal Mail is to step down, its parent group confirmed Friday, after lawmakers criticised the former state-monopoly's performance, which has been hit by mass strikes.
Bangladesh audiences see first Indian movie in 50 years
Thousands flocked to cinemas in Dhaka on Friday as Shah Rukh Khan's blockbuster "Pathaan" hit the big screens, the first Bollywood movie to get a full release in Bangladesh in more than half a century. "I was waiting for many days to watch Shah Rukh Khan on a big screen." mma-sa/slb/dva
Tea giants lose certification after Kenya sex abuse probe
An international body said it had suspended its certification for two major global tea companies after an investigation into a sexual abuse scandal in Kenya.
'Wide open' for business: Russia makes play for Gulf money
Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine. Despite major foreign firms suspending operations in Russia due to Western sanctions and the war in Ukraine, "Russia is wide open" for business, he said.
'Hostile' US policies on China risk dividing world: Stiglitz
"Hostile" US policies on China risk splitting the world into two blocs, Nobel-winning economist Joseph Stiglitz told AFP on Friday, urging the West to offer investment not "lectures" to developing countries.
UK economy ekes out growth in first quarter
Britain's economy grew 0.1 percent over the first quarter despite weakening in March, official data revealed Friday, as output continues to be hit by high inflation and strikes. The data comes one day after the Bank of England forecast that the UK economy would avoid recession this year despite the country's annual inflation stuck above 10 percent.
Asian markets struggle as easing inflation fails to boost optimism
Asian markets fluctuated Friday as traders weighed a range of issues including US debt ceiling hopes, high-level talks between Washington and Beijing, banking sector uncertainty and more signs of a slowing economy.
The long wait is over: New 'Zelda' hits shelves
A six-year wait came to an end for "Zelda" fans across the world on Friday as Nintendo released the long-awaited next instalment of its 40-year-old gaming saga. The prediction makes the Zelda release vital for the company.
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