The performance of China's economy in the first two months of 2024 was mixed, official figures showed Monday, with sluggish household consumption alongside increased industrial production reflecting an uneven recovery.
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Australian wine industry toasts expected end to China tariffs
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Despite legalization, California battles illegal marijuana farms
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New trains, new tracks: US rail to get much-needed facelift
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Macron calls in Sweden for a less regulated Europe
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'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'
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'
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'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
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 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'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
World food prices rise for first time in 7 months: FAO
Global food prices rose in March, the first increase since July, pulled higher by cooking oil prices despite the cost of grains continuing to ease, the UN's Food and Agricultural Organization said Friday. Dairy prices rose by 2.9 percent in March on a monthly basis, while meat prices climbed 1.7 percent.
China's green-tech manufacturing powerhouse
China has extended its manufacturing domination to clean energy industries in recent years, alongside a global push for climate change action, but that is starting to worry the United States, Europe and others. Here is a look at China's power in these green tech sectors: - Solar dominance - China is the world's biggest emitter of the greenhouse gases driving climate change, such as carbon dioxide.
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