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Markets mixed as upbeat US data plays against rates outlook
Asian markets were mixed Wednesday as investors weighed data showing the US economy remained resilient in the face of rising interest rates against the prospect of more tightening to bring inflation under control.
Fewer buyers for Eid camels as Pakistanis count the rupees
Teenager Amanullah Khan teeters on his tiptoes, daubing towering camels with festive henna patterns to entice Eid al-Adha customers at a market near the Pakistan capital. Hundreds of farmers have camped at livestock markets between Islamabad and its twin city Rawalpindi for two weeks, hoping to sell animals ahead of the annual holy festival starting Thursday in Pakistan.
Got weeds? US environmentalists call in the G.O.A.T.s
The landscaping squad of Mocha, Wynonna, Nelson and Beckham yank out weeds at a Texas park. They are removing plants such as ligustrum, a highly invasive shrub that can take water and nutrients away from the older oak trees the park seeks to protect, Carr tells AFP. The 36-year-old and his wife Carolyn own the Texas franchise of Rent-a-Ruminant, which operates in several states.
Slow post-Covid recovery for Cuban tourism
Cuba, which relies heavily on the tourist dollars of visitors to its pristine Caribbean beaches and colorful towns, has experienced a frustrating scarcity of foreigners since the end of the coronavirus pandemic. Tourists are not always spared the shortages blamed on the US blockade and a lack of foreign exchange.
At Toronto tech show, second thoughts emerge over AI
Months after the spectacular launch of ChatGPT, the AI revolution is well underway but hints of caution are emerging, especially over letting one or two companies reign supreme.
UBS to cut 35,000 jobs after Credit Suisse rescue: report
Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
Biden unveils election battle plan: 'Bidenomics'
President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week. At the top of Biden's pitch is his impressive list of legislative victories during the last two years.
Kairo Forbes and Lynn Forbes take over New York City, Mzansi praises Glammy
Lynn Forbes took her granddaughter Kairo Forbes to New York for a much-needed vacation. Fans of the pair said they deserve to let their hair down and relax.
Over $200bn in Covid-19 small business loans stolen: US govt. watchdog
The United States lost more than $200 billion to fraud from two schemes designed to help small businesses through the Covid-19 pandemic, according to a US government watchdog report.
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