AFP
13876 articles published since 08 Mar 2022
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Sanctions-hit Huawei says back to 'business as usual'
Chinese tech giant Huawei said on Friday it had returned to "business as usual" despite US sanctions as it estimated annual revenues to remain flat for 2022. The company estimated annual revenue for 2022 at 636.9 billion yuan ($92 billion), up only slightly from the 636.8 billion yuan in 2021.
Indian tycoon Adani finalises takeover of broadcaster NDTV
Indian tycoon Gautam Adani on Friday secured a majority stake in leading news broadcaster NDTV, finalising a hostile takeover that has sparked press freedom fears in the world's biggest democracy.
Surging UK energy bills spark tensions among tenants
Britain's cost-of-living crisis has turned into a bitter winter in households trying to keep their energy bills down: Some lecture flatmates for keeping the lights on. That has helped push inflation to the highest level in four decades, in turn creating a cost-of-living crisis as wages fail to keep pace, despite the government's partial subsidy for fuel.
Debt spiral engulfs Turkish voters months before polls
The growing pile of debt notices covering the Ankara district mayor's desk hint at the scale of the economic crisis facing Turkish voters months before crucial presidential polls. If a debt hasn't been paid back after six month, we know we have to write it off."
Asia-Pacific stocks track Wall Street higher
Asia-Pacific stocks rose on Friday as a Wall Street rebound brought some cheer to the region's markets on the last trading day of the year. Boosted by that optimism, the three main indexes on Wall Street ended higher on Thursday, and Asia-Pacific markets followed suit.
US congressional report slams FDA approval of Alzheimer's drug
The US Food and Drug Administration's approval process for a controversial drug used to treat Alzheimer's was "rife with irregularities," a congressional report said Thursday. "FDA's approval process was rife with irregularities," the report said.
Tech billionaires see wealth shrink amid 2022 stock crunch
The fortunes of Silicon Valley billionaires took a beating in 2022 as share prices of the world's tech giants plummeted. His fortune however remains heavily tied to the online retail giant's share price, which has fallen by more than 49 percent in 2022.
Taiwan's TSMC begins mass production of 3nm chips
Taiwanese tech giant TSMC said Thursday it has started mass production of its 3-nanometre chips, among the most advanced to come to market. TSMC alone accounts for nearly 50 percent of the world's production of chips below 10nm.
Twitter outages hit thousands of users worldwide
Twitter users around the world reported errors accessing it for several hours, web monitors said Wednesday, in one of the biggest outages since Elon Musk bought the platform. Web monitor NetBlocks said the outages were international and "not related to country-level internet disruptions or filtering".
AFP
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