AFP
13876 articles published since 08 Mar 2022
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Boeing, Airbus struggle to deliver planes as supply chain woes persist
Boeing and Airbus struck deals to sell billions of dollars' worth of planes at this week's airshow in Singapore, but supply chain disruptions mean they may struggle to deliver them on time, analysts said. Aviation analyst Shukor Yusof said Boeing and Airbus had already indicated that some of their popular models would be unavailable until 2030.
Tech titans yield to new EU rules before March deadline
2024 will be a year of change for the world's biggest tech companies as they bow to EU rules that come into force next month, shaking up how Europeans use vastly popular platforms from Google to Instagram.
Shipping insurance rates soar on Red Sea missile attacks
Attacks by Yemen's Huthi rebels on commercial ships in the Red Sea have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates and longer alternative trade routes. The Huthis have carried out relentless attacks since November on shipping transiting the Red Sea, a maritime hub through which 12 percent of global trade usually passes.
Digital media upstart Vice laying off 'several hundred' staff: CEO
Vice, the dynamic, fast-growing digital media company that gained a wide following with young readers, said Thursday it will no longer publish on its flagship website and is eliminating hundreds of jobs. "Regrettably, this means that we will be reducing our workforce, eliminating several hundred positions."
Asian markets advance after record rallies
Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains. The Nvidia and AI excitement prompted a broader rally in tech shares, with Wall Street and eurozone indices hitting fresh records.
Cheap mini-EVs sparkle in China's smaller, poorer cities
Tiny electric cars weave through traffic in southern China, their cheap and cheerful designs bringing a touch of colour to the EV revolution in the country's overlooked cities. China is the world's largest market for electric vehicles (EVs), with premium models by Tesla and homegrown giant BYD a common sight in the nation's affluent megacities.
US to sanction over 500 targets involved in Russia 'war machine'
The United States plans to impose sanctions on more than 500 targets involved in Russia's war in Ukraine, as fighting continues to rage two years after Moscow's invasion, the Treasury Department said Thursday.
Reddit files to go public as 'RDDT' on NYSE
Reddit on Thursday told US stock regulators that it plans to go public on the New York Stock Exchange under the symbol "RDDT". Reddit did not provide details regarding the number or price of shares nor when the initial public offering would occur.
Florida lawmakers push to ban social media for children under 16
Florida moved Thursday towards enacting what would be one of the strictest bans on children's use of social media in the United States after the state Senate passed a bill to keep those under 16 off such platforms.
AFP
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