Columbia Professor Jeffrey Sachs criticises the US's economic activity in Africa, calling for unity among African states and reflecting on ties with China.
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Mercedes workers in Alabama to vote whether to join US union
The US auto workers union's drive to organize auto plants in the southern United States faces a second test this week at Mercedes-Benz in Alabama following a triumph last month.
Amazon plans to invest 1.2 bn euros in France: Macron's office
US e-commerce giant Amazon will invest more than 1.2 billion euros in France, creating more than 3,000 jobs, French President Emmanuel Macron's office said on Sunday. As Choose France prepared to get under way, several pharmaceutical groups, including US group Pfizer and Britain's AstraZeneca, announced on Sunday commitments to invest more than a billion euros more in France's health sector.
Boeing's problems rattle US aviation regulator as well
The US Federal Aviation Administration, sharply criticized after the crashes of two Boeing planes in 2018 and 2019, is again being dragged into a maelstrom surrounding the major American aerospace manufacturer.
New York gears up for major Spring auctions after soft 2023
New York's major auction houses were preparing for the start of their all-important Spring sales on Monday even as Christie's came under a cyberattack that affected its website. Christie's, which confirmed it was the victim of a cyberattack on its systems, including the website, expects to bring in between $578 million and $846 million for the sale of some 900 works.
Hundreds protest outside German Tesla factory
More than a thousand environmentalists protested outside Tesla's factory near Berlin Saturday, police said, a day after some of them tried to force their way into the plant. Protests against the plant have increased since February, and in March the plant was forced to halt production following a suspected arson attack on nearby power lines claimed by a far-left group.
Iraq hopes oil reserves will exceed 160 bn barrels: minister
Iraq, one of the world's biggest oil producers, aims to boost its crude reserves to more than 160 billion barrels, Oil Minister Hayan Abdel Ghani said on Saturday. "We hope to announce an increase of Iraq's proven oil reserves to more than 160 billion barrels", he added.
China consumer prices rise at faster rate in April
China's inflation rate quickened last month, official data showed Saturday, as the government works to boost spending in the world's second-largest economy. A debt crisis in the real estate sector and high unemployment are weighing on the economy and contributing to a slump in demand.
Yellen urges action to curb US mortgage market risks
US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities. On Friday, Yellen said further action is needed to promote sound operations and address liquidity and other risks.
Musk says Tesla charger network will grow, days after layoffs
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
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