AFP
13875 articles published since 08 Mar 2022
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Drought and frost batter vital potato crops in Bolivia
Dozens of furrows lie barren in a dusty field on the Bolivian highlands. "In the Bolivian highlands, we are fully experiencing the effects of climate change," said Cipca technician Orlando Ticona.
Back from the dead, IPOs picking up again on Wall Street
The IPO parade of the early pandemic years crashed to Earth in 2022, but there are hints of a potential 2023 rebound despite plenty of lingering caution. "Last year, risk was not something that people were looking to take on, IPOs being somewhat inherently risky."
Tesla recalls 360,000 vehicles on driver-assistance system issues
Tesla is recalling nearly 363,000 electric vehicles because of problems with their driver-assistance technology that heighten crash risk, according to a US regulatory announcement seen by AFP Thursday.
Portugal ends 'golden visas' to rein in property speculation
Portugal is to end its practice of issuing "golden visas" to rich foreign investors, one of several measures announced by Prime Minister Antonio Costa on Thursday to tackle the lack of affordable housing. The measures announced by the socialist government Thursday are designed to increase the amount of available housing.
Bitcoin tops $25,000 to hit eight-month high
Bitcoin hit an eight-month high to surge past $25,000 on Thursday as the volatile cryptocurrency rises despite pressure from US regulators. A more optimistic outlook for the world economy is propping up the markets, including cryptocurrencies, with Paris and London stock exchanges hitting all-time highs on Thursday.
Nestle, Absolut owner to hike prices again amid high costs
Swiss food giant Nestle and liquor group Pernod Ricard, owner of Absolut vodka and Jameson whiskey, announced fresh price hikes on Thursday due to inflation even as consumers across the world face a cost-of-living crunch.
UK energy group Centrica's surging profit sparks fury
Britain's biggest domestic energy supplier Centrica on Thursday posted rocketing annual profit, sparking fury as Britons face soaring household electricity and gas bills that have fuelled a cost-of-living crisis. Britain's Conservative government of Prime Minister Rishi Sunak is temporarily subsidising electricity and gas bills this winter.
French pensions strikes slow before March showdown
Turnout was sharply down on Thursday for new strikes in France against a bitterly opposed pension reform being debated in parliament, with union heads hoping for a bigger showdown to come. A petition opposing the reforms has gathered over one million signatures.
US wholesale price inflation rebounds on goods prices
Wholesale prices in the United States picked up more than expected in January, according to Labor Department data released Thursday, bumped up by goods costs and fueled by higher gasoline prices. A rise in prices for goods led the January advance, said the Labor Department, adding that a significant factor was gasoline prices.
AFP
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