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Germany's mine-to-motor lithium supply chain takes shape
Germany's mine-to-motor lithium supply chain takes shape
Economy
by  AFP

Once a byword for environmental disaster due to its heavy industry and mining, the city of Bitterfeld-Wolfen is poised to become a key site for Germany's ambitious green transition. - Mine project - Closer to Bitterfeld-Wolfen, Zinnwald, a small village near the Czech border, an AMG-backed project is taking the more conventional approach to mine lithium ores from the ground.

As Tunisia's economy falters, medical tourism flourishes
As Tunisia's economy falters, medical tourism flourishes
Economy
by  AFP

At a fertility clinic in Tunis, Bintou Yunoussa hopes doctors can finally help her conceive -- one of more than two million foreigners who travel to Tunisia annually for medical procedures. They included more than 500,000 foreign patients hospitalised in Tunisia and about two million others who had received same-day care, officials say.

US could jail foreign officials under new bribery law
US could jail foreign officials under new bribery law
Economy
by  AFP

Anticorruption activists around the world have high hopes for a new US law that for the first time allows Washington to prosecute foreign officials who receive bribes. "The statue may have real deterrence value by making clearer to foreign officials that they can be prosecuted for soliciting and accepting bribes," Stokes said.

Samsung says Q4 operating profits drop 34.57 percent
Samsung says Q4 operating profits drop 34.57 percent
Technology
by  AFP

Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices. - Cash buffer - The company also reported its full-year profits for 2023 on Wednesday, with operating profit for the year at 6.56 trillion won, down 84.9 percent from the previous year, the Yonhap news agency reported.

US judge voids Elon Musk's $56 billion Tesla compensation
US judge voids Elon Musk's $56 billion Tesla compensation
Economy
by  AFP

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid. The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 compensation agreement.

Microsoft, Google ride AI wave as revenues surge
Microsoft, Google ride AI wave as revenues surge
Technology
by  AFP

Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue. Google trails Microsoft and Amazon's AWS, which are the world's top providers of cloud computing services.