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20241 articles published since 08 Mar 2022

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Mexico president threatens to sue over SpaceX rocket debris
Mexico president threatens to sue over SpaceX rocket debris
Economy

Mexican President Claudia Sheinbaum on Wednesday threatened legal action over falling debris and contamination from billionaire Elon Musk's SpaceX rocket launches across the border in the United States. Last week, a SpaceX Starship rocket exploded during a routine ground test at the Starbase headquarters of Musk's space project on the south Texas coast near the Mexican border.

Trump says 'three or four' candidates in mind for Fed chief
Trump says 'three or four' candidates in mind for Fed chief
Economy

US President Donald Trump said Wednesday he had a handful of candidates potentially lined up to replace Federal Reserve Chair Jerome Powell, whom he sharply criticised for his handling of the world's top economy. On Tuesday, Powell said the world's top central bank needed to see the impact of Trump's tariffs before deciding on further rate cuts.

Cable theft in north France disrupts Eurostar traffic
Cable theft in north France disrupts Eurostar traffic
Economy

The theft of cables along train tracks in northern France on Wednesday disrupted Eurostar trips between London and Paris for a second day in a row, the company and French railway operator said. The Eurostar website showed that six trips between London and Paris -- three in each direction -- were cancelled on Wednesday, while other trains were still expected to run.

Cambodians at quiet Thai border plead for peace
Cambodians at quiet Thai border plead for peace
Economy

At the usually bustling border crossing of Poipet between Thailand and Cambodia, tuk-tuk driver San Noeun now has to work overnight to make ends meet. Thailand has all but closed the land crossings in seven border provinces as a territorial dispute with Cambodia that erupted into deadly military clashes last month festers.

Tesla sales skid in Europe in May despite EV rebound
Tesla sales skid in Europe in May despite EV rebound
Economy

Tesla sales sank again in Europe last month as rising competition and Elon Musk's ties to US President Donald Trump cut into demand despite a growing electric car market, industry figures showed on Wednesday. The drop in demand for Tesla cars has been linked to its ageing fleet, competition from European and Chinese rivals, and consumer distaste for Musk's work in the Trump administration.

China's premier warns global trade tensions 'intensifying'
China's premier warns global trade tensions 'intensifying'
Economy

Chinese Premier Li Qiang warned on Wednesday that global trade tensions were "intensifying" as he addressed the opening ceremony of the World Economic Forum. "Protectionist measures are significantly increasing and global economic and trade frictions are intensifying," Li added.

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