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Author's articles
Tech firms lead Asian stock rout as AI bubble fears linger
Tech firms led more steep losses across Asian markets Friday as investors struggled to shake off fears about an AI bubble and after a sell-off on Wall Street sparked by jobs data dealt a further blow to hopes for a US interest rate cut.
Scramble for Sudan's resources fuels brutal civil war
Behind the civil war tearing Sudan apart for more than two years lie the country's natural riches, with foreign powers vying for control of its gold, fertile farmland and coastline. - Farmland, trade corridor - The swathes of fertile farmland in Sudan, Africa's third-largest country and a potential agricultural breadbasket, have whetted the appetite of the desert Gulf countries across the Red Sea.
Livestream giant Twitch to ban under-16s in Australia
Livestream giant Twitch will be forced to remove all users under the age of 16 when Australia's strict social media laws take effect next month, Canberra's online regulator said Friday. From December 10, Australia will force social media platforms including Facebook, Instagram and TikTok to remove users under the age of 16 or face hefty fines.
ExxonMobil relaunches natural gas project in Mozambique
US energy giant ExxonMobil announced Thursday the resumption of its gas development project in Mozambique, which had been suspended for several years due to a jihadist insurgency. TotalEnergies announced on October 25 that it had lifted the force majeure and resumed its own project in Mozambique after operations were suspended for four years.
Italy probes Tod's executives over labour exploitation
Italy probes Tod's executives over labour exploitation
Germany says China promised 'reliable' rare earth supply
Germany's finance minister said Thursday Beijing had made a "clear" commitment on ensuring rare earth supplies, following the first visit to China by a minister from Chancellor Friedrich Merz's government.
US unemployment up even as hiring beats expectations in delayed report
The US jobless rate crept up in September even as hiring exceeded analyst expectations, according to a delayed employment report published Thursday after a record-long government shutdown. The overall hiring figure was higher than analysts expected, with surveys of economists by Dow Jones Newswires and The Wall Street Journal expecting job gains of 50,000 instead.
Greenpeace says clothes sold by Shein break EU chemicals rules
Clothing items sold by Asian e-commerce giant Shein contain dangerous chemicals at levels well in excess of EU rules, Greenpeace charged in a report published on Thursday. Greenpeace Germany said 18 clothing items out of 56 that it sent for testing "contained dangerous chemicals that exceed the limits in the EU's REACH chemical regulation, sometimes severely".
Walmart lifts outlook in quarterly results with e-commerce boost
US retail giant Walmart reported higher quarterly revenue Thursday and raised its outlook, in an expectations-beating earnings report as American households feel the squeeze from rising costs of living.
AFP
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