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Europe secures record space budget to boost indepedence
The European Space Agency announced Thursday it had secured a record budget of 22.1 billion euros to fund its programmes for the next three years, as the continent seeks greater independence in space. The programme, with an estimated 1.35-billion-euro budget, has both civilian and military applications and aims to strengthen European security.
Swiss MPs seek probe into lavish Trump gifts after tariff deal
Two Swiss lawmakers have asked the country's attorney general to probe the legality of gifts reportedly given to US President Donald Trump by Swiss business leaders days before the two nations cut a breakthrough tariff deal. When Washington and Bern struck a deal slashing tariffs on Swiss goods to 15 percent 10 days later, criticism of what has been dubbed "gold bar diplomacy" resurfaced.
EU could hit X with fine before 2025 ends
The European Union could fine Elon Musk's X platform for breaking its digital rules by the end of 2025 -- two years into a probe that has tested the bloc's resolve to police the online space. The EU executive doesn't want the X probe to drag on for much longer and is expected to slap a fine before the end of the year.
South Africa slams Trump's G20 ban as punitive
South Africa denounced US President Donald Trump's decision to bar it from the 2026 G20 summit, calling the move punitive and driven by distortions that erode global cooperation.
Beer giant Asahi not engaging with ransomware hackers
Japanese beer giant Asahi said Thursday it was not negotiating with the hackers behind a "sophisticated and cunning" ransomware attack that is about to enter its third month. It was a sophisticated and cunning attack," Katsuki said.
Asian stocks track latest Wall St rally as rate bets rise
Asian markets rose again Thursday to extend the week's global rally as traders ramp up bets on a third successive US interest rate cut next month. The global gains come after markets took a hit this month on concerns that a tech-led surge in recent years may have been overdone and the vast sums invested in the AI sector will take some time to see returns.
High-flying tech hits potholes in India's Silicon Valley
In India's tech capital Bengaluru, the morning "rush hour" lasts so long it devours half the workday, throttling productivity in a city often viewed as the poster child of a booming economy.
Japan beer giant Asahi delays earnings due to cyberattack
Japanese beer giant Asahi said Thursday it has delayed the release of full-year financial results due to a major ongoing cyberattack that began in late September. "While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal year ending December 31, 2025," Asahi said in a statement.
Climate change 'increasingly threatens' dynamic Spanish economy: OECD
The consequences of climate change such as last year's deadly floods "increasingly threaten" the growth of Spain's economy, one of the developed world's most dynamic, the OECD warned on Wednesday.
AFP
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