AFP
13876 articles published since 08 Mar 2022
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Son of Equatorial Guinea's ruler held for graft: state TV
One of the sons of Equatorial Guinea's veteran ruler has been arrested on suspicion of illegally selling a plane owned by the national airline, state TV said Tuesday. The channel said authorities opened an inquiry in late November "after discovering that an ATR 72-500 belonging to the national airline (Ceiba Intercontinental) had gone missing".
Nissan, Renault near 'historic' rebalancing of alliance: source
Nissan and Renault are nearing a "historic" rebalancing of their auto alliance, with a deal likely to be announced in the coming weeks, a source close to the talks said Tuesday. Analysts see a rebalancing of the deal as a way to build confidence between Nissan and Renault.
China's economy grows at slowest pace in decades but tops forecasts
China's economy grew last year at its slowest pace in four decades as it was hammered by Covid lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.
Asian stocks struggle, even as China growth tops forecasts
Asian stocks mostly fell Tuesday but pared early losses after data showed China's economy grew more than expected last year, while traders remain hopeful about the country's outlook as it emerges from years of debilitating zero-Covid measures. Still, analysts remain upbeat.
Egypt's economic turmoil squeezes struggling middle class
With Egypt's economy in crisis, the currency in freefall and inflation skyrocketing, the poor have been hit hard but the middle class is also teetering on the brink. The new reality has driven families that were considered part of the middle class to seek help.
Ukraine centre stage as Davos returns
The war in Ukraine is set to take the spotlight Tuesday as global business and political A-listers huddle in the Swiss Alpine village of Davos with the ambitious aim of uniting a "fragmented" world. Ukrainian President Volodymyr Zelensky is set to make the first of three scheduled video appearances on Tuesday morning at a Ukraine-themed event on the sidelines of the forum.
EU vows to protect European industry to counter US subsidies
The EU on Monday said it would take "decisive steps" to protect Europe in the face of massive US subsidies that have left the bloc scrambling to find a way to keep businesses on the continent. Some EU members fear a hardline response by the EU to the IRA could provoke a trade war, while others worry a subsidy race within the bloc would benefit wealthier nations.
EU ombudsman urges parliament 'culture change' over graft scandal
The EU's ombudsman on Monday said a graft scandal roiling the European Parliament must bring a cultural shift in the bloc's legislative system, to avoid similar alleged misdeeds happening in future. The head of the European Parliament vowed Monday that MEPs will be subject to new rules against "corruption" and "foreign interference" after a graft scandal linked to Qatar and Morocco.
Dockers killed, kidnapped and corrupted by drugs mafia
They could be scenes straight from gangster movies, except all happened for real in the French port of Le Havre over the past year.
AFP
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