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Fuel shortages a bitter pill for Cuba's sugar cane producers
Cuba's sugar cane industry, once the world leader, first lost the United States as its main client 60 years ago, then the Soviet Union three decades later. - Plummeting production - Agricultural cooperatives were set up by the communist state 30 years ago in a bid to revitalize the industry after the fall of the Soviet Union, which was Cuba's main ally, investor and client.
US hiring cools in June, unemployment up slightly: govt
US job gains eased slightly in June while unemployment edged up, government data showed Friday, in the latest sign that the world's biggest economy is cooling as policymakers hope. Congressman Brendan Boyle, top Democrat on the House Budget Committee, stressed on Friday in a statement that the jobs report "shows an American economy that is still roaring."
Deadline nears for Boeing decision on proposed MAX agreement
More than five years after two fatal 737 MAX crashes, Boeing faces a fresh legal reckoning now that prosecutors have concluded the company flouted an earlier settlement addressing the disasters. The DOJ has said it will notify a US court on how it will proceed no later than July 7, with the agency expected to announce steps to prosecute Boeing should the company reject the settlement.
Wimbledon launches online monitoring service to protect players
Wimbledon chiefs said Friday they had launched a social media monitoring service to protect players from online abuse. Wimbledon tournament director Jamie Baker said the All England Club had taken action to protect players, using a dedicated team and AI. "This year is the first year that we have got effectively a social media monitoring service specifically for the event," he said.
Flights suspended in Sicily's Catania as volcano erupts
Catania airport on the Italian island of Sicily was closed on Friday after Mount Etna, the largest active volcano in Europe, erupted and spewed ash into the sky, disrupting air travel. Italian authorities also issued a red warning for another volcano north of Sicily, Stromboli -- on the island of the same name -- whose eruption created ash clouds.
Asian markets down as traders await US jobs report
Asian markets were largely down on Friday, a day after Tokyo's indexes hit record highs as traders prepared for a key US jobs report while European exchanges edged up on calming electoral news from the United Kingdom and France. Investor sentiment was also lifted Thursday as softer US labour market data gave the Federal Reserve room to cut interest rates, with another key jobs report due Friday.
Chinese AI market optimistic despite scrutiny from West
China's AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent.
Kinshasa, a megacity of traffic jams, potholes, transit chaos
Cable car, urban rail link or ring road -- Kinshasa has big plans for alleviating its traffic chaos but for now, travelling into the megacity remains a daily headache for millions of people. The cable car could provide a "small solution" to the city's traffic woes, Ndaka added -- but there is still one problem with the idea.
Asian markets down as traders eye US jobs report
Japanese markets started higher before seeing early gains erased on Friday with Tokyo's benchmark Nikkei 225 index briefly hitting a record high, as traders prepared for a key US jobs report. Investor sentiment was also lifted Thursday as softer US labour market data gave the Federal Reserve room to cut interest rates, with another key jobs report due Friday.
AFP
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