AFP
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COP-and-trade? Tariffs, carbon tax weigh on climate talks
In Belem, the Brazilian city hosting COP30, it's hard to miss the BYD Dolphin Mini -- the Chinese hatchback that's dominating the local electric vehicle market, even as the company races to catch up in Europe and is absent in North America.
Eurogroup chief quits for World Bank senior role
Pascal Donohoe, head of the Eurogroup panel of eurozone finance ministers, quit Tuesday to take up a senior job at the World Bank, his spokesperson told AFP. Ireland's finance minister, who announced his resignation to cabinet ministers in Dublin, will become managing director at the Washington-based World Bank, they added.
Amazon, Microsoft cloud services could face tougher EU rules
Amazon and Microsoft cloud services could face stricter EU competition rules as Brussels probes their market power, the bloc's tech chief said Tuesday. Amazon and Microsoft already face stricter rules for their other services including Amazon Marketplace and Microsoft's LinkedIn platform. bur-raz/ub/jh
TotalEnergies accused of Mozambique war crimes 'complicity'
An NGO said Tuesday it had filed a legal complaint against TotalEnergies, accusing the French energy multinational of "complicity in war crimes" at its gas site in Mozambique.
Merz, Macron to push for European digital 'sovereignty'
German Chancellor Friedrich Merz and French President Emmanuel Macron will join forces Tuesday to push for greater European digital "sovereignty" and less dependence on US tech titans as the AI race gathers pace. Merz and Macron are due to give keynote addresses in the afternoon at the summit, which will also be attended by digital ministers from across Europe.
Shares in 'Baby Shark' studio jump on market debut
Shares in the South Korean studio behind the ultra-catchy "Baby Shark" -- YouTube's most-viewed video -- surged as much as 60 percent on Tuesday as the company made its market debut in Seoul. In morning trade, the company's shares were up around 17 percent from their offering price of 38,000 won ($26), having earlier soared over 60 percent.
Asian markets track Wall St down with Nvidia, US jobs in view
Asian stocks sank Tuesday, tracking more losses on Wall Street as investors grow increasingly worried about frothy tech valuations, with focus turned to earnings this week from AI chip titan Nvidia.
Haitian gangs getting rich off murky market for baby eels
Gangs in Haiti are profiting from a lucrative trade in baby eels caught in the crime-ridden country's rivers and estuaries and sold abroad for thousands of dollars.
Fate of Canada government hinges on tight budget vote
Canadian Prime Minister Mark Carney's Liberal government faced potential collapse on Monday, with parliament set to vote on a budget he insists is essential to kickstart the country's tariff-battered economy. But hours ahead of the decisive vote in parliament, Liberals voiced optimism that parliament would approve Carney's spending package and avert a snap election.
AFP
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