AFP
13876 articles published since 08 Mar 2022
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Video game giant Embracer sells 'Borderlands' maker to Take-Two
Swedish video game group Embracer said Thursday it was selling Gearbox Entertainment, the developer of the popular first-person shooter franchise "Borderlands", to US company Take-Two for $460 million.
Asian markets mixed after Fed official floats rate cut delay
Asian investors trod carefully Thursday after a Federal Reserve official floated the idea of delaying or reducing interest rate cuts, while the yen held gains having briefly hit a 34-year low the day before. That comment came a week after the bank lifted interest rates for the first time in 17 years as it shifts away from its long-running ultra-loose monetary policy.
Macron and Lula's 'bromance' sets social media fans alight
Wedding photos or a diplomatic visit? "They are going to marry in the Amazon and have their honeymoon in Paris," joked one user on X, while others said pictures from the trip could make up a wedding album.
China's Xiaomi to enter cut-throat EV market for the first time
Chinese consumer tech giant Xiaomi will launch its first-ever EV at a press conference in Beijing Thursday, injecting itself into a fiercely competitive sector in the world's largest car market.
Crypto fraudster Bankman-Fried faces sentencing
Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history. "It is about what was the fraud when he was convicted."
Saudi Aramco CEO calls energy transition strategy a failure
Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current energy transition strategy as a misguided failure on Monday. "In the real world, the current transition strategy is visibly failing on most fronts," Saudi Aramco Chief Executive Amin Nasser said at the CERAWeek conference in Houston.
US Fed official says may be 'appropriate' to lower number of rate cuts
The US central bank should either scale back or delay its interest rate cuts in response to "disappointing" inflation data, a senior Federal Reserve official said Wednesday. "In my view, it is appropriate to reduce the overall number of rate cuts or push them further into the future in response to the recent data," Fed Governor Christopher Waller told a conference in New York.
Senegal results show large win for opponent Faye in presidential poll
Anti-establishment figure Bassirou Diomaye Faye has comfortably won the Senegalese presidential election with 54.28 percent of votes in the first round, official provisional results showed Wednesday. Third-placed candidate Aliou Mamadou Dia won just 2.8 percent of the vote, according to figures read out at the Dakar court by the president of the national vote counting commission, Amady Diouf.
What is the economic impact of the Baltimore bridge collapse?
Diverted cargo and supply chain disruptions -- businesses are rushing to avoid an economic hit following the collapse of a major bridge in Baltimore as a cargo ship slammed into it this week. "Right now you've got ocean shippers, the other ports and the cargo owners all working to figure out where to divert the ships that were headed that way," he said.
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