AFP
13875 articles published since 08 Mar 2022
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MSCI review puts India's Adani shares back in the red
Global stock index compiler MSCI said it was reviewing the status of equities in India's Adani Group on Thursday, ending a brief rally for the troubled conglomerate, as it fends off allegations of market manipulation.
Toyota third-quarter net profit drops but keeps full-year forecasts
Japan's Toyota said Thursday its net profit for the third quarter fell eight percent, but it left its full-year forecasts unchanged as the cheaper yen offsets the impact of soaring materials prices.
Twitter down in Turkey as quake response criticism mounts
Twitter became inaccessible on major Turkish mobile providers Wednesday as online criticism mounted of the government's response to this week's deadly earthquake. The netblocks.org social media monitor had earlier showed Twitter becoming throttled and then completely blocked across all major cell phone providers.
Markets fall as Fed warns rates to go higher for longer
Markets mostly fell Thursday on the prospect of US interest rates going higher, and for longer, as officials try to cool the economy and bring decades-high inflation under control. Governor Christopher Waller added: "It might be a long fight, with interest rates higher for longer than some are currently expecting."
Australia to remove Chinese-made cameras from government sites
Australia will strip Chinese-made security cameras from government buildings, the country's defence minister said Thursday, as it was crucial to make facilities "completely secure".
'Operation Exodus': Brazil miners flee Yanomami land
Wearing broken flip-flops held together by a frayed cord, Joao Batista, an illegal gold miner in the Brazilian Amazon, has been walking for days to escape the jungle, fleeing a looming security-force crackdown. - 'Real criminals' - The crackdown is stoking tension in the region, where an entire economy has developed around the illegal gold industry.
Twitter service stumbles as paying users get more room
Thousands of Twitter users on Wednesday reported problems using the platform as the Elon Musk-owned social network began letting paying users post tweets as long as 4,000 characters. Twitter Blue subscribers can now post tweets of up to 4,000 characters, far beyond the 280-character limit imposed on non-paying users, the tech firm said.
Yellen says 'good policy' for EU to match US green plan with own subsidies
US Treasury Secretary Janet Yellen on Wednesday encouraged the idea of green subsidies by the European Union to offset feared harm from a vast US climate plan -- arguing there is enough business for all to benefit from the clean energy transition.
Disney lays off 7,000 as streaming subscribers decline
Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year. Iger, who stepped down as CEO in 2020 after nearly two decades helming the storied company, was brought back after the board of directors ousted his replacement Bob Chapek.
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