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12 hospitalised after technical problem on Boeing-made LATAM flight
12 hospitalised after technical problem on Boeing-made LATAM flight
by  AFP

Twelve passengers were hospitalised Monday after a technical problem on a LATAM flight from Sydney to Auckland caused the Boeing-made plane to dip violently, the airline and first responders told AFP. At least one person was in serious condition after flight LA800 experienced an unspecified "technical event" over the Tasman Sea.

British trader on trial in Denmark for massive fraud
British trader on trial in Denmark for massive fraud
by  AFP

A British hedge fund trader accused of defrauding Danish tax authorities in a billion-dollar scam went on trial in Copenhagen on Monday, with the government hoping to recover the money in the blockbuster case. The case has been widely covered by the media in Denmark, where the state is hoping to recover its money.

China caps key political meet with pledges to boost ailing economy
China caps key political meet with pledges to boost ailing economy
by  AFP

China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures. And housing minister Ni Hong added that fixing the property market -- which long accounted for around a quarter of China's economy -- remained "very difficult".

Most Asian markets fall after strong US data, eyes on inflation
Most Asian markets fall after strong US data, eyes on inflation
by  AFP

Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week. Bitcoin fell slightly, having hit a fresh record high above $70,000 for the first time on Friday as demand picks up and traders grow optimistic about the prospect of interest rates coming down this year.

Activists protest Tesla plant expansion in Germany
Activists protest Tesla plant expansion in Germany
by  AFP

Several hundred people demonstrated Sunday against plans by Tesla to expand its electric car factory near Berlin, citing environmental concerns. A smaller counter-protest was held Sunday in support of the Tesla factory, with participants citing economic benefits for the region.

In climate push, German chemical maker swaps oil for sugar
In climate push, German chemical maker swaps oil for sugar
by  AFP

At one of Europe's largest chemical complexes, German group Covestro is trialling the manufacture of a key product using sugar as a base material instead of oil, as the industry seeks to reduce its carbon footprint. Aniline is used as the base ingredient for chemical MDI, which is an essential material in manufacturing foams.

False GPS signal surge makes life hard for pilots
False GPS signal surge makes life hard for pilots
by  AFP

False GPS signals that deceive on-board plane systems and complicate the work of airline pilots are surging near conflict zones, industry employees and officials told AFP. A ground collision alert sounds in the cockpit, for instance, even though the plane is flying at high altitude -- a phenomenon affecting several regions and apparently of military origin.

US embrace of remote working empties offices, weighs on banks
US embrace of remote working empties offices, weighs on banks
by  AFP

The popularity of remote work in the United States has emptied office buildings, a cause for worry as their value falls and owners risk losses on property loans -- in turn putting pressure on smaller banks. With empty buildings in cities of all sizes, retailers servicing employees who used to work there are also under pressure, Powell added.