When temperatures drop below freezing most people reach for a bag of ice cubes. But in industrial settings there’s a much colder and more versatile solution.
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South African teacher’s reaction to R8 petrol hike sparked outrage over salaries and affordability
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US Fed's favored inflation measure accelerates, dimming rate cut hopes
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Argentines to vote, seeking escape from economic shambles
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Canadian investment group buys French club Saint-Etienne
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EU seeks to take on China, US to reverse economic decline
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China consumer prices rise in February for first time in six months
Chinese consumer prices rose in February for the first time since August, data showed Saturday, bucking a months-long stretch of deflation that compounded the country's myriad economic woes.
US FDA approves Wegovy to cut risk of heart problems
The US Food and Drug Administration has given the green light for a popular anti-obesity drug to be used to prevent serious heart conditions for the first time, in a move likely to expand insurance coverage. The recent surge in popularity of anti-obesity drugs including Wegovy and Ozempic, which mimic a gut hormone to suppress appetite, has padded the profits of the companies that make them.
Expert says 'no immediate danger' from sunken ship off Yemen
The sinking of a bulk carrier carrying thousands of tonnes of fertiliser off Yemen after a Huthi missile attack poses "no immediate danger", an expert said Friday. The main concern is the fate of the thousands of tonnes of fertiliser, Logette said.
IMF chief Georgieva says she would be "honored" to serve a 2nd term
IMF chief Kristalina Georgieva said Friday that she would be "honored" to helm the Washington-based financial institution for a second five-year term if she is renominated by member states. "I am glad to report that she confirmed that it would be an honor for her to do that, as long as she receives support from IMF members," he said, in words later mirrored by Georgieva. da-md/bbk
Zelensky holds Istanbul talks with Erdogan on war, Black Sea
Ukrainian President Volodymyr Zelensky arrived in Istanbul on Friday for talks with Turkish counterpart Recep Tayyip Erdogan on the war with Russia and Black Sea grain shipments. The two leaders are to meet at the Dolmabahce Palace in Istanbul and hold a press conference on Friday evening, according to the Turkish presidency.
US hiring beats expectations with solid showing in February
Hiring in the United States was robust in February although unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn. In another encouraging sign that the economy is cooling, wage growth edged down, from 0.5 percent in January to 0.1 percent in February on a monthly basis.
El Nino raises food security risk in southern Africa: FAO
The El Nino weather phenomenon, coupled with widespread drought, is posing an increasing risk to food security in southern Africa, a UN agency warned Friday. El Nino is a natural weather phenomenon, corresponding to a warming of a large part of the tropical Pacific.
German federal prosecutors to probe Tesla plant sabotage
German federal prosecutors said Friday they had taken over investigations into a suspected arson attack this week that caused a power outage and forced Tesla to halt production at its plant near Berlin. An outfit going by the same name claimed an arson attack on the power supply of the Tesla plant in 2021, according to a report from domestic intelligence services that same year.
UK lawmakers demand action on finance sector misogyny
Efforts to tackle sexism in the UK financial sector, known as the City, are "at a snail's pace", lawmakers concluded Friday, as they demanded "urgent action" be taken over misogyny. "That's why it's so frustrating that efforts to tackle sexism in the city are moving at a snail's pace," she added.
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