Economy
Ex-regulator confirmed as new chief of Brazil's Petrobras
Brazil's state-run oil company, Petrobras, confirmed former regulator Magda Chambriard as its new chief executive Friday, 10 days after left-wing President Luiz Inacio Lula da Silva sacked her predecessor. Petrobras said its board had named Chambriard as a member and elected her chief executive, effective immediately.
Celebrations as new biopiracy treaty agreed at UN
Representatives of Indigenous peoples celebrated Friday at the United Nations following the agreement of a treaty against the pillaging of their traditional knowledge and genetic resources, like those from medicinal plants.
Paris Orly air controller strike sparks mass cancellations
The French civil aviation authority said Friday it had ordered airlines operating at Paris Orly airport to cancel 70 percent of flights ahead of a weekend air traffic controller strike.
Falling UK energy bills grab election spotlight
Britain's energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of general election campaigning. The announcement comes two days after Prime Minister Rishi Sunak fired the starting gun on a July 4 general election -- with his governing Conservatives far behind the main opposition Labour party in opinion polls.
Norway struggles to keep ultra-rich tempted by exile
You can check out -- but you still have to pay! To pay a wealth tax which can exceed their yearly income, entrepreneurs often need to take out dividends, hampering their company's capacity to invest.
Asian markets fall after US data dent rate cut hopes
Markets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year. But she added that "at this stage, we expect the BoJ to wait until around October before increasing interest rates again".
Japan inflation slows to 2.2% in April
The pace of Japanese inflation slowed in April to 2.2 percent as gas bills fell, government data showed Friday, with the figure remaining above the Bank of Japan's two percent target.
Kenyan president warns debt clouds Africa climate potential
Africa's vast potential in the global fight against climate change is at risk due to the heavy burden of debt and lack of international investment, Kenyan President William Ruto said Thursday. "Africa's role in addressing climate change is not guaranteed and nobody should take it for granted," Ruto said at Johns Hopkins University's School of Advanced International Studies.
French media progress against X in legal battle over payments
A Paris court ruled Thursday that X needed to provide French media with information about how much money it makes from publishing their content as part of a legal battle over rights payments.
Economy
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