AFP
13875 articles published since 08 Mar 2022
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Apple opens first India store in market push
Apple opened its first retail store in India on Tuesday, underscoring the US tech titan's increasing focus on the South Asian nation as a key sales market and alternative manufacturing hub to China. Sales and marketing executive Purav Mehta, 30, camped overnight outside the store ahead of the opening, bringing with him his still-unopened 2013 iPod Touch.
Musk says he is out to create 'truth-seeking' AI
Elon Musk is out to counter Microsoft and Google artificial intelligence efforts with "truth-seeking AI" that shuns political correctness, he said during an interview aired late Monday. "I'm going to start something which is called TruthGPT, or an absolute truth-seeking AI that tries to understand the nature of the universe," Musk said.
Asian markets drop but pare losses after China data
Asian markets fell Tuesday but pared early losses after data showed China's economy grew far more than expected in the first quarter as activity resumed after three years of painful zero-Covid measures. However, while the readings bode well for the world's second-biggest economy, inflation data last week showed consumer activity remained sluggish, suggesting the recovery could still take time.
China GDP jumps 4.5% in Q1 after zero-Covid scrapped
China's economy grew 4.5 percent year-on-year in the first quarter, rebounding after the end of zero-Covid measures late last year, official data showed Tuesday. China's economy grew by just three percent in the whole of last year, one of its weakest performances in decades.
Soaring prices pressure Morocco's agriculture model
Soaring inflation in Morocco is driving up living costs and stirring public anger, and as food prices increase the country's export-led agricultural model is coming under fire. But this focus on exports is considered to have contributed to rising prices, and now an increasing number of voices are calling for change.
Canada public broadcaster CBC quits Twitter over 'government-funded' label
Canada's public broadcaster CBC and its French-language version Radio-Canada said Monday they were effectively quitting Twitter over a new "government-funded" label it says questions its editorial independence. While the broadcaster is publicly funded, it said its editorial independence is protected under Canadian broadcasting law.
Macron defends pension reform, 'regrets' no consensus
President Emmanuel Macron on Monday staunchly defended his widely unpopular pension reform but said he regretted that no consensus had been found on the change. And despite months of consultations, no consensus could be found and I regret it."
Rate-hike fears keep stocks rangebound
European and US stocks moved little Monday as investors awaited more company earnings and worried that central banks may keep raising interest rates for longer than expected. While analysts say cooler inflation has eased pressure on the US Federal Reserve, European Central Bank and Bank of England to keep raising borrowing costs, consumer prices remain elevated.
Top Republican says US House won't raise debt limit without spending cuts
Republican leader Kevin McCarthy vowed Monday that the US House would not approve a "no-strings attached" debt limit increase, adopting a hard line ahead of budget negotiations with President Joe Biden. As the Republican leader in the House before the midterm elections made him Speaker, McCarthy opposed all of these laws. jmb/bys
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