Economy
After a bitter break-up, Trump makes up with billionaire donors
In an electoral system in which money is the ultimate kingmaker, Donald Trump has been courting the country's billionaires -- and they have their checkbooks ready. On November 5, voters -- perhaps influenced by ads paid for with millions of dollars of billionaire money -- will have the final say. rle/sst/st
In first, SpaceX's megarocket Starship nails ocean splashdown
SpaceX's massive Starship rocket achieved its first ever splashdown during a test flight Thursday, in a major milestone for the prototype system that may one day send humans to Mars. NASA chief Bill Nelson wrote on X. "We are another step closer to returning humanity to the Moon through #Artemis -- then looking onward to Mars."
Boeing CEO to address safety at US Senate hearing
Boeing's outgoing CEO Dave Calhoun will testify before a US Senate panel later this month to answer questions about safety and production issues at the aircraft manufacturer, the company said Wednesday.
Private sector hiring in US cools more than expected: ADP
Job gains in the US private sector slowed again in May on a slump in manufacturing, payroll firm ADP said Wednesday, in a further sign the world's largest economy could be cooling.
World Bank says Kenya's economy to slow in 2024
Kenya's economic growth will slow to five percent this year after a "robust" performance in 2023, the World Bank said Wednesday. The World Bank said in a report that while Kenya's real GDP growth had accelerated last year to 5.6 percent from 4.9 percent in 2022, it was expected to slow to five percent this year.
Niger to set up protection force for 'strategic' sites
Niger's army says it is creating a special force to protect "strategic" sites, including uranium mines and oil wells, from "terrorist" attacks in the country plagued by jihadist violence since 2015.
As investment drive falters, Saudi milks Aramco 'cash cow'
A fresh offering of shares in Saudi Aramco, the Gulf kingdom's largely state-owned oil behemoth, comes at a pivotal moment for sweeping economic reforms that have struggled to lure foreign investment. "The share sale happened now because the Public Investment Fund wanted to generate more cash to invest and Aramco is their cash cow," she added, referring to the Saudi sovereign wealth fund.
Europe's long-delayed Ariane 6 rocket set for July 9 launch
The next-generation Ariane 6 rocket, a crucial programme for Europe's space ambitions, is due to lift off on July 9 following years of delays, the European Space Agency said Wednesday. Philippe Baptiste, head of France's CNES space agency, told AFP: "The program was delayed, we all suffered from it, but it is Europe's return to space access and we are confident about the date."
Italy fines Meta over data use, account transparency
Italy's competition authority on Wednesday fined global tech giant Meta 3.5 million euros ($3.8 million) for a lack of transparency in its use of data and management of Instagram and Facebook accounts. It also said Meta "did not accurately manage" the suspension of users' Facebook and Instagram accounts.
Economy
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