AFP
13876 articles published since 08 Mar 2022
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Milan Fashion Week fires up catwalks despite cautious outlook
The fashion set moves to Italy Wednesday for Milan Fashion Week, marked by a new designer at Moschino but held amid an uncertain outlook for luxury. But they come amid a backdrop of uncertainty in the global luxury fashion market.
HSBC reports 'record profit' of $30.3 bn in 2023
HSBC said Wednesday it achieved "record profit" in 2023 as pre-tax gains soared by nearly 80 percent, with the banking giant also announcing further share buybacks. The bank also said Wednesday that it would initiate a share buyback of up to $2 billion, following the announcement last year of three share buybacks totalling $7 billion.
Indian farmers resume Delhi protest push after talks fail
Thousands of Indian farmers riding tractors prepared to resume their push towards New Delhi on Wednesday after failing to reach a deal with the government on their demands for higher crop prices. Thousands of Indian farmers die by suicide every year because of poverty, debt and crops affected by ever-more erratic weather patterns caused by climate change.
German economy buffeted by 'perfect storm'
Weaker exports, costly energy and a stuttering green transition have combined to form a "perfect storm" for the German economy, leaving Chancellor Olaf Scholz's coalition bickering over how to change course. The German economy, Europe's largest and traditionally a driver of eurozone growth, is being buffeted by "a perfect storm", Economy Minister Robert Habeck said earlier this month.
Asian stocks lower after Wall Street losses
Asian markets were mostly down Wednesday, tracking US losses as investors await a key tech earnings report and Fed policy meeting minutes later in the day. "While one company doesn't usually make or break a market, the growing influence of Nvidia on the overall bullish stock narrative, key tech companies, and broader indexes warrants close attention."
Youth appetite for gold rises as Chinese economy loses lustre
The sound of gentle tapping filled a jewellery workshop in southern China as a craftsman hammered pine leaf patterns onto a soft slab of gold in the style of old ink paintings. "In the past, only the older generation would buy gold jewellery," Tan Ruikun, master craftsman with legacy jewellery giant Chow Tai Fook, told AFP on a recent visit to the workshop in Guangdong province.
What to know about the NASA-funded commercial Moon fleet
The year 2024 promises to be a busy one for American Moon landings, all under a new partnership between NASA and the space industry. The approach is completely different from that used during the Apollo era, when NASA dictated its industrial contracts down to the last bolt.
Commercial spaceship set for lunar touchdown, in test for US industry
A company from Texas is poised to attempt a feat that until now has only been accomplished by a handful of national space agencies, but could soon become commonplace for the private sector: landing on the Moon.
Musk says patient moves cursor with brain implant
Elon Musk says the first human patient with a brain implant from his Neuralink startup is able to move a computer mouse with thought. The patient is able to "move the mouse around the screen just by thinking," Musk said.
AFP
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