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GM announces more than $5 bn hit to earnings in China venture
General Motors announced Wednesday it will book more than $5 billion in losses and write-downs due to the restructuring of its China joint-venture.
UK faces trade balancing act with Trump, EU
Donald Trump's presidential election victory is fuelling fears that Britain must choose between its "special relationship" with the United States and forging closer ties with the European Union regarding trade. Prime Minister Keir Starmer insists this is not the case and that Britain can have strong ties with the United States and the EU, its main trading partner despite fallout from Brexit.
UNESCO grants heritage status to Aleppo soap as Syria war flares
The UN's cultural organisation added Aleppo's famous soap to its intangible cultural heritage list Tuesday with Syria's second city again wracked by war.
Ghana's illegal mining boom seeps into presidential election
Dressed in a white singlet with a scarf tied around his head, Frank crouched near a muddy pit, preparing to plunge his hands into the soil in search of gold.
France's Orano says Niger junta controls uranium firm
French nuclear group Orano said Wednesday that authorities in Niger had taken "operational control" of its uranium mining unit, in an escalating spat between the company and the country's military junta.
In Angola, Biden promises to invest differently to China
President Joe Biden will make the case on Wednesday in Angola that the United States must do better rather than more than China to regain influence in Africa.
OECD warns of protectionism weeks before Trump return
The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world economy, just weeks before Donald Trump is set to return to the White House. - 'Major shocks' - Trump is far from the only risk in terms of protectionist measures.
Huge Vietnam fraud case raises questions over banking system
A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge. Even so, he said the revelations from the case meant Vietnam "will have to take exceptional steps to audit the banking system effectively".
Vietnam pushes electric motorbikes as pollution becomes 'unbearable'
In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung has long hated riding in Hanoi, rated among the world's top 10 polluted capital cities in 2023 by air quality technology firm IQAir.
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