AFP
13875 articles published since 08 Mar 2022
Author's articles
Qatar spends big to beat post-World Cup blues
Months after hundreds of thousands of football fans packed into its hotels and stadiums, Qatar is seeking to remedy a bout of the post-World Cup blues by hosting more international events. - 'Push for transformation' - Akbar al-Baker, head of Qatar's tourism agency and Qatar Airways, said hotel occupancy in the months after a World Cup is "always low".
ECB set to hike again but analysts divided on how much
The European Central Bank is expected to deliver another interest rate increase Thursday, but analysts are divided on how big the hike will be against a backdrop of stubborn inflation and market turmoil. Ahead of their last meeting in March, European policymakers faced calls to abandon a previously announced rate hike due to turmoil on markets.
China factory activity cools in April as recovery challenges loom
China's manufacturing activity contracted in April, official figures showed Sunday, due to slack global demand and a slow domestic recovery after lifting Covid-related curbs.
US Fed expected to hike again despite signs of slowing economy
The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth -- and possibly final -- time on Wednesday, as it continues its fight against high inflation. A further rate hike Wednesday would mark the Fed's tenth rate hike in a row, bringing the benchmark to between 5 and 5.25 percent -- its highest level since 2007.
Apple and Amazon 'committed' to big screen, says theaters boss
Apple and Amazon 'committed' to big screen, says theaters boss
Paris museum gives troubled NFT art scene a big showcase
NFTs, the tokens of the crypto world linked to digital artworks, have been granted a show at the Pompidou Centre in Paris, despite an almost total collapse in their price and cultural cachet. Blockbuster multimillion-dollar sales helped fuel publicity in 2021, and prices soared amid a lack of regulation and general confusion over what the digital tokens were.
First Republic bank in limbo as shares fall further
Shares of First Republic fell further into an abyss Friday amid mounting speculation over the US regional bank's way forward after it reported a big fall in deposits. After dropping more than 50 percent earlier on Friday, shares of First Republic finished the day at $3.51, down 43 percent following numerous trading halts due to volatility.
Qatar's Sheikh Jassim makes final bid to buy Man Utd: sources
Qatari banker Sheikh Jassim bin Hamad Al Thani has made a third and final offer to buy Manchester United, sources told AFP on Friday. Ratcliffe is also reported to have made another offer for United ahead of Friday's deadline for the third round of bidding.
Fitch downgrades French debt to AA-, outlook stable
Credit ratings agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers "Public finances, and in particular the high level of government debt, are a rating weakness," Fitch said in a commentary on its rating action which said the country's outlook was stable.
AFP
Load more