AFP
13876 articles published since 08 Mar 2022
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Indonesia buys two submarines from France's Naval Group
Indonesia has ordered two Scorpene-class attack submarines from France's Naval Group as part of a defence cooperation agreement signed with Paris in 2021, the company said Tuesday. Under the 2021 agreement with France, Indonesia has also placed an order for 42 Rafale fighter jets worth a total of $8.1 billion.
'Bombshell': Ajax suspend CEO over insider trading suspicions
Ajax announced on Tuesday they were suspending CEO and chairman Alex Kroes on suspicion of insider trading, piling more woe on the Dutch giants who have endured a horror season. The club said they had learned that Kroes bought more than 17,000 Ajax shares a week before his intended appointment was announced on August 2, 2023.
Hong Kong rally leads Asian markets, traders assess Fed rate plans
Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy. Chinese consumer tech giant Xiaomi led gains in Hong Kong, soaring as much as 15 percent on news that orders for its first electric vehicle -- launched in Beijing on Thursday -- had topped estimates.
Will Musk help Trump with cash, not just tweets?
Elon Musk, one of the world's richest people, says he won't directly back Joe Biden or Donald Trump in the US election -- but one look at his X feed makes clear his heart is with the Republican. - 'Dark money' - If Musk wanted to help Trump more directly, he could hand over limitless cash anonymously, according US election laws.
Swan song for General Electric as it completes demerger
The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday: its break-up into three independent entities which will then concentrate on their disparate core businesses.
California fast food workers get $20 hourly minimum
The minimum wage for many fast food workers in California rose to $20 per hour on Monday, sparking joy for employees but warnings of likely price increases in the state which already faces a high cost of living. Some chains have said they will need to increase prices and warn the wage hikes could ultimately cost jobs.
Google to delete incognito search data to end privacy suit
Google has agreed to delete a vast trove of search data to settle a suit that it tracked millions of US users who thought they were browsing the internet privately.
Temporary channels being created to aid Baltimore bridge response
US authorities working on the Baltimore bridge collapse told AFP on Monday that they plan to open two small, temporary channels to let ships access the site of the incident. The temporary channel "is not big enough for any container or cargo ships to pass through," Caver told AFP, adding: "They're working on a plan to make it slowly open to more and more people."
Formula One owners Liberty Media buy MotoGP for $4.5 bn
Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said. MotoGP said in a statement that Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna in a deal valued at 4.2 billion euros ($4.5 billion).
AFP
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