Economy
London still awaits Olympic's promised 'affordable' housing
More than a decade after London hosted the Olympic Games, cranes are still everywhere in and around the Olympic Park in Stratford, where an array of buildings are under construction. The 2012 Summer Games -- widely seen as a roaring success -- were held primarily at the Queen Elizabeth Olympic Park in Newham, one of the city's poorest boroughs.
Dig deep: US bets on geothermal to become renewable powerhouse
Though geothermal represents only a tiny fraction of current US energy production, several businesses and President Joe Biden's administration are betting on technological advances to make it a backbone of the green transition. The use of existing drilling technology makes geothermal both quicker and cheaper to develop.
US Moon lander 'permanently' asleep after historic landing: company
An uncrewed American lander that became the first private spaceship on the Moon has met its ultimate end after failing to "wake up," the company that built it said. It was also the first lunar touchdown by an American spaceship since the manned Apollo 17 mission in 1972.
Paris crowns champion waiters in one-of-a-kind 'cafe race'
Visitors to central Paris were treated Sunday to the sight of hundreds of aproned waiters surging through the mediaeval streets, in a one-of-a-kind race designed to show off the profession months ahead of the Olympic Games. "We want the Olympic Games to give a positive boost to the profession" of restaurants and waitering, he added. tgb/rox
Hit by worker shortage, German city gets students to drive trams
Seated before the tram's control panel, Benedikt Hanne, 24, deftly steered the red and white wagons, hours before heading to Nuremberg university to study for a social work degree. Hanne, whose previous part-time jobs included working at a gas station, said he is unfazed about juggling university courses and work.
Sprinklers and drip irrigation help Iraqis beat drought
After four years of drought, Iraqi farmer Mohammed Sami was about to abandon his father's parched land, but then a water-saving irrigation system revived his crops and his hopes. Crushed by the drought that was turning his 10 donums, or about one hectare, of land into desert, Sami started working in a nearby city as a day labourer several years ago.
Fitch upgrades UK credit rating outlook to 'stable'
Fitch upgraded its credit rating for UK government debt from "negative" to "stable" Friday, citing easing economic policy risks, while reaffirming the country's AA- rating. Fitch said in a statement that economic policy risks had eased in the United Kingdom since it issued its "negative" outlook in October 2022, during the brief premiership of former Conservative prime minister Liz Truss.
Nike's long international struggle with Adidas
Nike scored one of the most surprising victories in their long battle to dominate international football business when they outbid Adidas to become Germany's kit supplier. Germany: the final battle Nike scored their biggest upset this week when they persuaded the DFB to drop German manufacturer Adidas after four World Cup wins and 70 years.
FBI tells passengers on Boeing blowout flight they may be crime victims
The FBI has written to passengers who were aboard a Boeing aircraft that suffered a midair blowout to tell them they may be victims of a crime, US media reported Friday.
Economy
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