AFP
13876 articles published since 08 Mar 2022
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Anti-fur activists target Max Mara, Fendi at Milan Fashion Week
Animal activists have fashion brands squarely in their sights this Milan Fashion Week, hoping to pressure Italian brands Max Mara and Fendi to give up fur in future collections. At Fendi, fashion student Elke Orth, 21, said top brands still using fur have oversized influence, even though attitudes among young people have changed.
Turkey ends tightening cycle, keeps interest rate at 45%
Turkey's central bank maintained its key interest rate at 45 percent on Thursday, marking the end of its monetary tightening cycle after eight consecutive months of hikes. Turkey's central bank, which has raised its key rate from 8.5 percent to 45 percent since June, said last month that the level was sufficient to start easing the cost of living crisis.
Eiffel Tower closed for fourth day as staff strike
France's iconic Eiffel Tower was closed for a fourth day on Thursday as employees extended a strike over the monument's management, unions said. Union representatives were to meet SETE management in the afternoon, they told AFP. Unions have also called on the city of Paris "to be reasonable with their financial demands to ensure the survival of the monument and the company operating it".
UK to quit 'outdated' fossil fuel friendly treaty
The UK will join a string of European countries in leaving a controversial energy treaty that has allowed fossil fuel giants to sue governments over their climate policies, the government said on Thursday. To do that, it allowed energy companies -- many of them using coal and other fossil fuels -- to sue governments over policies putting their investments at risk.
Financial security, not fine art, helps drive Japan stocks to record high
Before Japan's asset bubble catastrophically burst in the early 1990s, stockbroker Ryuta Otsuka remembers waving a 10,000-yen note to hail a taxi after evenings sipping champagne at high-end Tokyo nightclubs. You couldn't catch one without waving a 10,000-yen note," he told AFP. The bill was worth around $70 back then and now -- although in the 1980s a greenback could buy a lot more than today.
Airbus says Vietjet to buy 20 widebody A330-900 planes
European aviation giant Airbus said Thursday that Vietnamese airline Vietjet Air has agreed to buy 20 of its A330-900 planes. Vietjet signed a memorandum of understanding with Airbus for the widebody aircraft, which will replace its current fleet of leased A330-300 planes, Airbus said in a statement.
Japan's Nikkei breaks bubble-era record
Japan's blue-chip Nikkei 225 on Thursday finally broke through a record high set just before the country's asset bubble catastrophically burst in the early 1990s. Its stock market was hit by global downturns such as the burst of the dot-com bubble in the early 2000s and the 2008-2009 financial crisis.
Massive leak shows Chinese firm hacked foreign govts, activists: analysts
A Chinese tech security firm was able to breach foreign governments, infiltrate social media accounts and hack personal computers, a massive data leak analysed by experts this week has revealed. The leaked data also revealed the fees that hackers could earn, they said -- including $55,000 from breaking into a government ministry in Vietnam.
TSMC diversifies out of hotspot Taiwan with new Japan plant
TSMC diversifies out of hotspot Taiwan with new Japan plant
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