Economy

Denmark holds 'funeral' for a polluted fjord
Denmark holds 'funeral' for a polluted fjord

A fjord in the east of Denmark received last rites on Saturday from a group of local activists in an effort to draw attention to the poor health of the country's coastal waters. A report in 2022 by the University of Southern Denmark concluded the 22-kilometre (14-mile) fjord was in a "poor environmental condition" because of high levels of nitrogen run-off from fertiliser use on farms.

'Breakfast at Tiffany's' copy on sale in new York for $1.5 million
'Breakfast at Tiffany's' copy on sale in new York for $1.5 million

A diamond-covered edition of Truman Capote's seminal novel "Breakfast at Tiffany's" is on sale for $1.5 million to mark the centenary of the author's birth. And while the artist admits the $1.5 million price tag "sits uncomfortably" -- she believes the book can be displayed rather than sit "in a box on a shelf."

Unexpected strawberry crop spins Burkina's 'red gold'
Unexpected strawberry crop spins Burkina's 'red gold'

In the suburbs of Burkina Faso’s capital Ouagadougou, lucrative strawberry farming is supplanting traditional crops like cabbage and lettuce and has become a top export to neighbouring countries. Despite being prized by local customers, more than half is exported to neighbouring countries.

US, China agree to hold talks on 'balanced economic growth'
US, China agree to hold talks on 'balanced economic growth'

The United States and China have agreed to hold "intensive exchanges on balanced growth", the US Treasury Department said in a statement, after two days of talks between Treasury Secretary Janet Yellen and her Chinese counterpart He Lifeng in Guangzhou.

Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident
Boeing CEO paid $33 mn in 2023, gave up bonus over MAX 9 incident

Boeing's CEO received $33 million in compensation for 2023 but declined a potential $2.8 million bonus following the near-catastrophic Alaska Airlines incident in January, the company said Friday in a securities filing. Besides the lack of a 2023 bonus for Calhoun, Boeing also adjusted its 2024 long-term long incentive program to account for the Alaska Airlines incident.

Southwest Airlines delays departure of Boeing 737 due to engine fire
Southwest Airlines delays departure of Boeing 737 due to engine fire

A Southwest Airlines flight from Texas to Los Angeles was forced to abort during takeoff on Thursday due to an engine fire on a Boeing 737 aircraft, the latest problem incident on a Boeing jet. Southwest Flight 1928 "safely discontinued its takeoff roll" after cabin crew received an indication of a "possible engine issue" in the 737-800 jet, the airline told AFP by email on Friday.

US hiring blows past expectations in March
US hiring blows past expectations in March

US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

Zimbabwe launches new gold-backed currency
Zimbabwe launches new gold-backed currency

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The government has previously resorted to various expedients to stabilise the economy, including issuing gold coins and launching a gold-backed digital currency but they have yielded little results. str-ub/kjm