AFP
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Asian markets struggle as traders weigh geopolitical tensions
Asian investors struggled Wednesday to track a positive lead from Wall Street as they assess the prospect of an escalation in the Russia-Ukraine war, Donald Trump's second presidency and the outlook for US interest rates. That has dampened hopes for several Federal Reserve interest rate cuts next year.
Strike at French cognac maker Hennessy over measures in China spat
Strike at French cognac maker Hennessy over measures in China spat
Trump names China hawk Howard Lutnick as US commerce secretary
US President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. As co-chair of Trump's transition team, Lutnick has been identifying new hires for the president-elect's administration. bys/bjt
Trump names China hawk Howard Lutnick commerce secretary
President-elect Donald Trump nominated Howard Lutnick, the co-chair of his transition team, as his commerce secretary on Tuesday -- a choice set to bring a tougher stance on China from the incoming administration. Trump's administration could harden this stance.
Top-selling daily French daily Ouest-France stops posting on X
French regional daily Ouest-France, the top-selling paper in the country, announced Tuesday it was joining several other European publications by suspending posts on X following the takeover of the site formerly known as Twitter by billionaire Elon Musk.
New Botswana leader eyes cannabis, sunshine to lift economy
Botswana will diversify its diamond-dependent economy by launching into the medicinal cannabis market and exploiting its abundant sunshine, President Duma Boko said Tuesday, in his first state of the nation address. The arid country will also begin cultivating medicinal cannabis and industrial hemp to plug into the growing international market.
Taxing the richest: what the G20 decided
Anti-poverty campaigners have hailed a decision by G20 leaders meeting in Rio to make sure the world's billionaires "are effectively taxed." On Monday, G20 leaders corroborated that decision in a statement with the same wording.
'Minecraft' to come to life in UK and US under theme park deal
The best-selling video game "Minecraft" is to become a real-life destination, as part of a multi-million-pound deal between theme park operator Merlin Entertainments and video game developer Mojang Studios.
IMF, Ukraine, reach agreement on $1.1 bn loan disbursement
The IMF said Tuesday that it has reached agreement with Ukraine on a loan program review that paves the way for an additional $1.1 billion in much-needed funds. The swift agreement, which comes just over two months after the last one, will provide Ukraine with a large injection of funds amid Russia's ongoing assault on the country, which entered its 1000th day on Tuesday.
AFP
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