AFP
13876 articles published since 08 Mar 2022
Author's articles
Most of Asia tracks Wall St down as US data dents rate cut hopes
Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut. In that case, it's unlikely that the Federal Reserve will cut interest rates in May."
Bitter year for Heineken as inflation hits profits, beer sales
Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation. In its home market of the Netherlands, the Dutch brewery association said that beer sales overall fell by more than five percent in 2023 due to poor summer weather and inflation.
Fears that pirates are returning to seas off Somalia
The daring attack in December bore unsettling hallmarks of the piracy that once terrorised global shipping off eastern Africa: a cargo vessel hijacked, its crew taken to Somalia, and disappeared.
Musk's X feeds monetization of wartime misinformation
Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform's contentious policies that researchers say prioritize engagement over accuracy. The incendiary post came amid widespread concerns about a wider conflagration in the Middle East.
Bali $10 tourist e-tax comes into force
The Indonesian resort haven of Bali began imposing a 150,000 rupiah ($10) tax on arriving tourists Wednesday to preserve the culture of the "Island of Gods", officials said.
Super Bowl 'most watched' TV show ever with 123 mn viewers
A record 123.4 million people tuned in for the Super Bowl which saw the Kansas City Chiefs beat the San Francisco 49ers 25-22 in an overtime nailbiter, the game's broadcaster has said. Viewership was "up 7 percent vs. last year's Super Bowl which was the previous record (115.1 million)... 202.4 million watched all or part of Super Bowl LVIII across networks."
Body Shop's UK business slides into bankruptcy
The UK arm of The Body Shop, the near 50-year-old cosmetics company renowned for ethical hair and skin products, has entered bankruptcy, administrators said Tuesday, placing thousands of jobs at risk.
From tourism to energy, Senegal economy braces for fallout
Senegal's hotels have seen a wave of cancellations since political unrest hit the West African country and many foreign companies are nervous about the deadly troubles. "Hotel reservations have been particularly hit," he added.
Valentine's Day strike misery for UK lovers
Britain's couples could struggle for Valentine's Day gifts and meals after Amazon staff went on strike over pay Tuesday -- and will soon be joined by takeaway delivery drivers, organisers said. "Valentine's Day is one of the busiest days for delivery services, with a high demand for meal deliveries."
AFP
Load more