AFP
20198 articles published since 08 Mar 2022
20198 articles published since 08 Mar 2022
A German flying taxi start-up said on Friday it would halt operations after a deal to rescue it fell through, the latest turbulence to hit the sector. In December another German flying taxi start-up, Volocopter, filed for insolvency after struggling to overcome hurdles in developing a two-seater electric air taxi. sr/jsk/sbk
After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals. Here's a look who would be hit the hardest if US import tariffs on semiconductors, cars and pharmaceuticals go into force.
US Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng raised mutual concerns on trade and economic issues in their introductory call Friday, as tensions between the world's two biggest economies simmer under President Donald Trump's second term.
Chinese tech companies shrugged off foreign scrutiny of upstart chatbot maker DeepSeek, telling AFP on Friday they were confident the country's tech startups would make more gains in the global artificial intelligence race.
They appear tranquil soaring above Himalayan forests, but a string of cable car projects in Nepal have sparked violent protests, with locals saying environmental protection should trump tourism development. Across Nepal, five cable car projects have opened in the past two years -- and 10 more are under development, according to government figures.
The World Trade Organization's entire mission is overseeing global trade, but US President Donald Trump's tariff offensive has left it adrift. - Dupont: "The basic idea of the WTO, to guarantee predictability in world trade, is totally ruined by Donald Trump's attitude.
Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker. "The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Foxconn," the Financial Times said. jug-nf-kaf/rsc
Only around one in six Japanese citizens hold valid passports, fresh data has shown, with the number of residents travelling abroad slowly recovering but still below pre-pandemic levels. Before the Covid-19 pandemic, about a quarter of Japanese people owned valid passports.
Asian markets mostly rose Friday after a negative day on Wall Street as investors weigh the economic outlook in light of Donald Trump's tariffs drive and geopolitical machinations. Disappointing earnings from retail titan Walmart sparked worries about US consumer activity and the impact on the world's top economy, and weighed on Wall Street with all three main indexes ending in negative territory.
AFP
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