AFP
17734 articles published since 08 Mar 2022
- All (17734)
- Economy (5953)
- Business and Economy (5268)
- World (4603)
- Africa (977)
- Technology (931)
- Asia (2)
Author's articles
H&M shares tumble over profitability concerns
Shares in H&M slid Thursday after the world's second biggest fashion retailer warned that the conditions to meet its profitability target for this year have become "more challenging". However, he added, "the conditions for achieving that level this year have become more challenging".
Boeing aims to lift MAX quality control at Renton factory
At its plane factory near Seattle, Boeing has increased employee training, appointed mentors for new recruits, brought back retirees as coaches and stepped up tracking of performance metrics.
Autonomous car rules advancing faster than the vehicles themselves: UN
Fully autonomous cars are still years away from hitting the streets, but internationally-agreed rules on their use could be ready by mid-2026, the United Nations has said. Furthermore, "we are planning to have a globally harmonised regulation on Automated Driving Systems (ADS) ready for mid-2026", he said.
Yen gains after hitting 38-year low, traders on intervention watch
The yen edged back slightly Thursday after hitting a 38-year low against the dollar, putting investors on alert for a possible intervention by Japanese authorities, while investors awaited US inflation data that could spark another round of volatility. Billions were pumped in to support the yen after it hit a 34-year low of 160.17 in late April, but with limited effect.
Panama Canal agency warns water shortage "is not over"
The Panama Canal Authority (ACP) said Wednesday that the famed waterway continues to face a water shortage, despite recent rains alleviating most restrictions imposed following last year's drought. "The waterway continues to face the impact of a prolonged dry season from this past year that limited the capacity of daily passages through the canal," the ACP said in a statement.
Canada business tycoon Frank Stronach charged with sexual assaults
Canadian auto parts magnate Frank Stronach is facing 13 charges for alleged sexual assaults of several women from 1980 to 2023, police said Wednesday after new accusations piled up against him. Peel regional police Constable Nikhil Chakravarthy told AFP additional victims came forward in recent weeks leading to more charges and the billionaire's re-arrest on Wednesday.
NBC brings AI version of legendary broadcaster to Olympic coverage
US media giant NBCUniversal on Wednesday announced that it will use the AI version of a legendary sports broadcaster to narrate personalized daily recaps of Olympic game events. NBCUniversal estimated that nearly 7 million different personalized versions of the daily Olympic recap could be streamed across the United States during the Olympic Games in Paris.
US top court declines to curb govt contact with social media firms
The US Supreme Court on Wednesday rejected a Republican-led bid to curb government contact with social media companies to moderate their content, a ruling that could bolster official efforts to fight misinformation in a key election year.
Amazon cloud giant AWS wants public sector to embrace AI
Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to persuade the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up. The scramble for public sector adoption of generative AI comes as Microsoft’s cloud business as well as Google Cloud are trying to bite into AWS leadership of the market.
AFP
Load moreLatest
