AFP
13875 articles published since 08 Mar 2022
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EU, Germany reach deal on fossil fuel car phaseout plan
The European Union and Germany on Saturday said they had struck a deal after a dispute over the planned phaseout by 2035 of the sale of cars using fossil fuels. A landmark deal to prohibit new sales of fossil fuel cars from 2035 is key to the bloc's ambitious plan to become a "climate-neutral" economy by 2050, with net-zero greenhouse gas emissions.
Apple enjoys 'symbiotic' relationship with China, Cook says
Apple enjoys a "symbiotic" relationship with China, CEO Tim Cook said on Saturday, as the iPhone giant looks to move production out of the country. Cook's visit comes as Apple, the world's biggest company by market value, is trying to move production out of China.
Do Kwon: S. Korea's crypto 'genius' turned disgraced fugitive
Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety. Yet as recently as March 2022, Kwon was being described in glowing South Korean media reports as a "genius" as thousands of private investors lined up to pour cash into his company.
US, Canada strike deal on illegal migration during Biden trip
President Joe Biden laid out a vision of world-leading US-Canadian economic cooperation in a speech to Canada's parliament Friday, and announced that the giant neighbors had reached a deal on curbing illegal migration.
Threat of US ban surges after TikTok lambasted in Congress
A US ban of Chinese-owned TikTok, the country's most popular social media for young people, seems increasingly inevitable a day after the brutal grilling of its CEO by Washington lawmakers from across the political divide. They currently trail TikTok, which is the most popular social media in the United States.
After battling back to health, Deutsche Bank faces new turbulence
Storied German lender Deutsche Bank had just been getting back on its feet after years of scandals -- but now faces new turbulence after its shares tanked Friday amid concerns of a widening banking sector crisis. Still, it has become a focus of investor concern during the latest banking crisis, triggered by turmoil in US regional lenders and the takeover of Credit Suisse.
LatAm food crisis on the table at Ibero-American summit
Addressing a food crisis affecting a fifth of Latin America's population featured high on the agenda of an Ibero-American leaders summit that started in the Dominican Republic on Friday.
French retailer Leroy Merlin says to quit Russia
French DIY retailer Leroy Merlin said Friday it would exit Russia, ending an 18-year presence that came under intense scrutiny after President Vladimir Putin's army invaded Ukraine last year. Ukrainian President Volodymyr Zelensky called out Auchan and Leroy Merlin in a speech in Paris last year, saying they "must stop sponsoring the Russian war machine".
Microsoft's Activision bid gets a boost in UK
Microsoft's $69-billion takeover bid for US video game giant Activision Blizzard scored a victory on Friday as Britain's competition regulator narrowed the scope of its probe to cloud gaming.
AFP
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