AFP
20238 articles published since 08 Mar 2022
20238 articles published since 08 Mar 2022
British energy giant Shell and Norway's Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly owned company. - Legal case - Under the deal, Equinor will retain ownership of three oil and gas cross-border assets between Norway and Britain, along with its offshore UK wind farms.
Vodafone and Three, the UK division of Hong Kong-based CK Hutchison, are set to create Britain's biggest mobile phone operator after the country's competition regulator backed the deal Thursday. Vodafone said the enlarged group will create "a new force in UK mobile, unleashing more competition and investment to transform the UK telecoms landscape".
Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump's decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector.
Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday. Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, after the company missed an end-of-November deadline to register with the ministry of industry and trade.
Equities extended losses in Seoul on Thursday, while the won stabilised as South Korea entered a period of uncertainty with President Yoon Suk Yeol clinging to power after his brief imposition of martial law this week.
Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month.
The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. Analysts at DNB bank said "there is no room for additional OPEC+ oil in 2025" on the market and a boost in output would push down crude prices.
OpenAI and military defense technology company Anduril Industries said Wednesday that they would work together to use artificial intelligence for "national security missions."
OpenAI CEO Sam Altman expressed confidence Wednesday that Elon Musk would not use his proximity to Donald Trump to harm business rivals, calling such actions "profoundly un-American." "It would be profoundly un-American to use political power to hurt your competitors and advantage your own businesses."
AFP
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