AFP
13876 articles published since 08 Mar 2022
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How Paris cinemas are surviving
Spinning once again, the sign above France's biggest cinema, the Grand Rex, is testament to how well Paris venues have weathered the twin threats of streaming and the pandemic. To coax viewers off their sofas, the Grand Rex has been offering "event" screenings such as manga previews and film marathons that cater to the biggest fans.
Russian oil price cap put to the test
The price cap on Russian oil agreed by the EU, G7 and Australia came into force on Monday. Companies based in the EU, G7 countries and Australia will be banned from providing services enabling maritime transport, such as insurance, with oil above that price.
Vodafone CEO to step down after four years at helm
Vodafone chief executive Nick Read is stepping down, the British telecoms group said Monday, after a four-year tenure marked by a steep fall in the company's share price.
Head of UK broadcaster Sky News resigns after 17 years
The head of Sky News will step down after 17 years, having steered the broadcaster through a tumultuous period in British political history and journalism's digital revolution. "Nonetheless, after almost 40 years in the news business, 28 of which have been at Sky including 17 lucky years at the helm, I have decided, as of next year, to stop and leave Sky News behind."
Putin ally joins tech giant Yandex
A long-time ally of President Vladimir Putin, Alexei Kudrin, said Monday he will be joining Yandex as the Kremlin seeks to tighten its grip on Russia's top technology giant. The Bell, citing sources, reported that Kudrin will have to "guarantee" to the Kremlin that Yandex and its technologies remain Russia-based.
Ghana offers local debt swap as part of IMF talks
Ghana offered investors a domestic debt swap on Monday to ease a crunch in payments as the government negotiates an IMF bailout during its worse economic crisis in decades. President Nana Akufo-Addo and his economic team have come under growing pressure over the crisis, after the government earlier this year did a U-turn and said it would go to the IMF for help.
Five things to know about the Wirecard scandal
More than two years after the dramatic collapse of German digital payments firm Wirecard, ex-CEO Markus Braun and two former managers will go on trial for fraud. The complaints were dropped after Wirecard collapsed.
Asian stocks up, dollar down as China eases more Covid measures
Asian stocks rose and the dollar weakened further as traders welcomed more easing of strict Covid containment measures in China that have hammered the world's number-two economy. The prospect of the world's number-two economy kicking back into gear helped traders overcome data on Friday showing far more jobs than expected were created in the United States in November.
Morocco reaps cash, clout from fertiliser supply shock
A global fertiliser supply shock deepened by Russia's Ukraine invasion has brought boom times for the North African phosphate superpower Morocco and earned the kingdom new diplomatic capital. That makes it a major player in a global market fearful of further supply shocks.
AFP
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