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20012 articles published since 08 Mar 2022

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US to zero out tariffs on UK pharma under trade deal
US to zero out tariffs on UK pharma under trade deal
Economy

The United States on Monday exempted British pharmaceuticals from import tariffs under a unique deal which sees the UK increase spending on American drugs by 25 percent. The UK government on Monday said it will "invest around 25 percent more in innovative, safe, and effective treatments -- the first major increase in over two decades."

In contrast to Europe, Tesla sets sales records in Norway
In contrast to Europe, Tesla sets sales records in Norway
Economy

Tesla has sold more cars in Norway in 11 months than any other brand in a whole year, according to statistics published on Monday, in contrast to the rest of Europe where the electric car brand run by Elon Musk has faced headwinds. In Norway Tesla has sold nearly 29,000 cars since January, surpassing the record of any brand for an entire year.

Airbus confirms 'quality issue' on A320 panels
Airbus confirms 'quality issue' on A320 panels
Economy

European plane-maker Airbus said Monday it had detected a "quality issue" affecting metal panels on its popular A320 passenger jet but the problem was "contained". "Airbus confirms it has identified a supplier quality issue affecting a limited number of A320 metal panels," a spokeswoman for the company told AFP, confirming earlier media reports.

Asian markets mixed as traders eye US data ahead of Fed decision
Asian markets mixed as traders eye US data ahead of Fed decision
Economy

Asian equities were mixed Monday with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an expected interest rate cut next week. After last week's healthy gains and Wall Street's strong Thanksgiving rally, Asian equities were mixed.

Long-lost Rubens 'masterpiece' sells for almost 3 mn euros
Long-lost Rubens 'masterpiece' sells for almost 3 mn euros
Economy

A long-lost painting by 17th-century Flemish master Peter Paul Rubens sold at auction in France on Sunday for almost three million euros -- well beyond its asking price. Osenat, whose auction house sold the painting for 2.94 million euros ($3.41 million) against an expected 1-2 million euros, found the painting as he was preparing the property to be sold.

Electric vehicle prowess helps China's flying car sector take off
Electric vehicle prowess helps China's flying car sector take off
Economy

A worker in white gloves inspects the propellers of a boxy two-seater aircraft fresh off the assembly line at a Chinese factory trialling the mass production of flying cars. The lightweight six-propeller aircraft under construction take off vertically and fit into a large car, to create the "Land Aircraft Carrier" -- a modular flying vehicle made by Aridge, an arm of Chinese EV maker XPeng.

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