Production has yet to begin, but TotalEnergies' controversial East African oil project is already taking a dire environmental toll in Uganda's largest national parks, a leading conservationist group said Friday.
AFP news Jul 13, 2024
German airline giant Lufthansa slashed its 2024 profit forecast Friday after a weak second quarter and launched a "turnaround" plan for its flagship carrier, which it warned might not break even.
AFP news Jul 13, 2024
"Weak income growth for people born in the 1990s reflects the poor economic outcomes experienced by younger people following the global financial crisis (GFC)," the report said.
Vidhya CK Jul 11, 2024
Australia and the U.S. are co-hosting the two-day Pacific Banking Forum, which will have 300 participants, including representatives from Pacific countries, commercial banks and officials from the International Monetary Fund.
Vidhya CK Jul 09, 2024
The pound advanced Friday after Britain's centre-left Labour Party clinched an expected landslide election victory to end 14 years of right-wing Conservative rule.
AFP news Jul 06, 2024
The resurgence of hybrids has taken the automobile industry by surprise as automakers were inclined to phasing out internal combustion engine vehicles. But, with the demand for hybrids rising, automakers Ford, General Motors, Mercedes-Benz and Volkswagen are delaying EV plans.
Vidhya CK Jul 06, 2024
Eurozone stock markets rallied Wednesday and the euro rose on hopes France could avoid a far-right majority in looming polls, while London also gained ground on the eve of its general election.
AFP news Jul 04, 2024
The US trade gap grew slightly less than expected in May, to the widest level since late 2022, government data showed on Wednesday, as exports and imports both slipped.
AFP news Jul 04, 2024
Eurozone inflation cooled in June, official data showed Tuesday but experts say it will not be enough to convince the European Central Bank to accelerate its rate-cutting cycle despite sluggish economic growth.
AFP news Jul 03, 2024
The first quarter of 2024 had seen a noticeable decline of 3.0% reduction in job ads, and the advertisements decreased by 7.1% in the second quarter of the year.
Shreyashi Chakraborty Jul 02, 2024
US aircraft manufacturer Boeing said Monday it had reached a "definitive deal" to buy its subcontractor Spirit, which has faced scrutiny over production quality control in recent months.
AFP news Jul 02, 2024
The euro and global equity markets rose Monday amid signs France's far right would not win enough seats for an overall majority in legislative elections.
AFP news Jul 02, 2024
Stock markets mostly climbed and the dollar diverged Friday awaiting key US inflation data and with focus on upcoming global elections and yen weakness.
AFP news Jun 29, 2024
The US Federal Reserve's favored measure of inflation eased slightly in May, according to government data published Friday, as goods prices cooled.
AFP news Jun 29, 2024
Shares in H&M slid Thursday after the world's second biggest fashion retailer warned that the conditions to meet its profitability target for this year have become "more challenging".
AFP news Jun 27, 2024
A key political meeting that is watched for signals on China's economic direction will be held in mid-July, state media said Thursday, as policymakers seek to shore up a stuttering recovery.
AFP news Jun 27, 2024
The yen, weakened by the Japanese government's easy monetary policy, hit a 38-year low against the dollar on Wednesday, sparking speculation about a new intervention by authorities.
AFP news Jun 27, 2024
The Reserve Bank's goal range of 2-3% was exceeded in May when annual headline inflation jumped to 4%, as per the most recent figures from the Australian Bureau of Statistics.
Shreyashi Chakraborty Jun 27, 2024
European stock markets slid Tuesday as jitters resurfaced over impending French elections but US tech shares bounced following a selloff led by investor darling Nvidia.
AFP news Jun 26, 2024
Recommendations include bringing supermarkets with an annual revenue of AU$5 billion under the code and imposing a fine up to AU$10 million for violations.
Vidhya CK Jun 25, 2024
Asian markets mostly fell Friday following a broadly negative lead from Wall Street, where tech giants led a sell-off on profit-taking, while traders are on intervention watch as the yen retreats back towards a three-decade low.
AFP news Jun 22, 2024
The government-funded research to study grocery price comparisons were launched to probe allegations that the supermarket giants were indulging in price gouging with suppliers, while hiking it for consumers.
Vidhya CK Jun 20, 2024
Britain's inflation rate has slowed to a near three-year low, official data showed Wednesday, but the boost for embattled Prime Minister Rishi Sunak was unlikely to prevent his Conservatives from losing the upcoming general election to Labour, analysts said.
AFP news Jun 20, 2024
Svetlana Whitener, seasoned executive coach, founder of InLight Coaching, and author of the upcoming book, "Continuing Epiphany: Discover Your Guiding Light with EI Coaching," answers a thought-provoking question: can AI coaching replace the real thing?
Katreen David Jun 19, 2024
The London Stock Exchange is once again Europe's biggest stock market by valuation after reclaiming the crown from Paris as France is rocked by political turmoil.
AFP news Jun 19, 2024
US retail sales came in below expectations for a second straight month in May as gas station revenues fell sharply, the government said Tuesday, while the data for April was revised lower.
AFP news Jun 19, 2024
RBA board pointed out that revisions to consumption and saving rate may not mitigate the upside, adding that recent data have reinforced the need to remain vigilant to upside risks to inflation.
Vidhya CK Jun 18, 2024
European stock markets faltered Thursday following mixed showings by Asia and on Wall Street, as traders reacted to US Federal Reserve signals that it plans only one interest-rate cut this year.
AFP news Jun 14, 2024
Trade relations between the two countries collapsed when Australia demanded a probe in Wuhan, considered to be the epicenter of the Covid breakout.
Vidhya CK Jun 12, 2024
The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said Wednesday.
AFP news Jun 12, 2024
