AFP
13876 articles published since 08 Mar 2022
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Families of 737 MAX crash victims set to face Boeing in US court
Relatives of passengers who died in the twin Boeing 737 MAX crashes are scheduled to confront the airplane maker Thursday in a US court, some four years after the tragedies in Ethiopia and Indonesia.
US growth slows in 2022 as downturn fears loom
The US economy grew at a slower pace in 2022, the Commerce Department said Thursday, as activity eased in the final months of the year and recession fears loomed. Against this backdrop, the world's largest economy expanded 2.1 percent for all of 2022, down from the figure in 2021, according to Commerce Department data.
Cyprus workers strike over stalled cost-of-living talks
A general strike Thursday paralysed Cyprus for three hours, affecting schools, hospitals, government services and the private sector, as labour unions demand wages be adjusted to decades-high inflation rates. The unions, representing more than 70,000 employees in the public and private sector, declared a three-hour strike from midday (1000 GMT) and staged protests across Cyprus.
Toyota to replace Akio Toyoda as president and CEO
Toyota named Koji Sato president and CEO on Thursday, in a surprise reshuffle that sees third-generation chief executive Akio Toyoda step aside to become board chairman of the world's top-selling automaker. The Japanese automaker said Sato, 53, would also become operating officer when the changes to its executive structure take effect on April 1.
UK cost-of-living crisis pushes mothers to the brink
At an east London church on a bitterly cold winter's day, Beautine Wester-Okiya picks her way through boxes of donated baby clothes, toys and other assorted items destined for local people battered by the UK's cost-of-living crisis.
Toyota says replacing Akio Toyoda as president and CEO
Toyota named Koji Sato as its new president, CEO, and operating officer Thursday, replacing third-generation chief executive Akio Toyoda -- who will become board chairman. Incoming president Sato, 53, was previously the company's chief branding officer, and president of its luxury Lexus brand. kaf/dva
US growth expected to slow in fourth quarter as downturn fears loom
The US economy is forecast to have grown but at a slower pace in the final months of 2022, helped by consumption and business investment although recession fears loom. He expects the US could enter a recession in the second quarter as consumers limit their spending and businesses become more reluctant to hire and invest.
IBM to cut 3,900 jobs as it reorganizes business
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.
Sons of Panama ex-president released from US jail, family banned
Two of former Panamanian president Ricardo Martinelli's sons were released from US prison Wednesday after serving sentences for corruption and flew back to their country, with Washington banning the family from re-entering the United States, authorities said.
AFP
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