Latest News

Why fashion's 'recycling' is not saving the planet
Why fashion's 'recycling' is not saving the planet
Economy
by  AFP

In H&M's flagship Paris store it is hard to find clothes that don't claim to be made from "recycled materials". Those clothes that can be recycled must be sorted by colour, and then have zips, buttons, studs and other material removed.

Why Germany is being hit by strikes almost every day
Why Germany is being hit by strikes almost every day
Economy
by  AFP

A wave of strike action has brought Germany to a standstill in recent weeks, as Europe's largest economy has struggled for growth and consumers have felt the pinch from sky-high inflation. Germany has historically been among the countries in Europe where workers went on strike the least.

Asian markets track Wall St higher as Hong Kong extends rally
Asian markets track Wall St higher as Hong Kong extends rally
Economy
by  AFP

Hong Kong and Shanghai stocks extended their rally Wednesday on hopes for more Chinese measures in support of battered markets, while traders elsewhere in Asia tracked Wall Street advances fuelled by strong earnings. "Sentiment improved after (Tuesday's) ripping rally in Chinese and Hong Kong stocks," said Kyle Rodda of Capital.

Networks unite to create new sports streaming platform
Networks unite to create new sports streaming platform
Economy
by  AFP

ESPN, Fox and Warner Bros Discovery have reached agreement on a new streaming platform for live sports content, the companies said on Tuesday. The new platform would provide access to ESPN's existing streaming platform ESPN+ as well as the main channels from ESPN, Fox and Warner Bros.

Ford beats earnings expectations despite rising labor cost
Ford beats earnings expectations despite rising labor cost
Economy
by  AFP

US automaker Ford topped earnings expectations in the fourth quarter of 2023 and is forecasting higher profits this year despite greater labor costs and losses in its electric vehicle segment, according to a financial report released Tuesday. The company expects "higher expenses for labor and major product-refresh actions" this year.