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Crisis-hit Thyssenkrupp books another hefty annual loss
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division. Several key units -- including steel, automotive, and materials -- saw falling orders and sales in 2023/24, with Thyssenkrupp pointing to "significantly weaker demand" from major industries.
Urban mosquito sparks malaria surge in East Africa
The spread of a mosquito in East Africa that thrives in urban areas and is immune to insecticide is fuelling a surge in malaria that could reverse decades of progress against the disease, experts say.
Asian markets rally after US bounce as Nvidia comes into focus
Asian markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia's earnings, while traders also kept tabs on Donald Trump's picks for his new administration.
S.Africa offers a lesson on how not to shut down a coal plant
The cold corridors of South Africa's once-mighty Komati coal-fired power plant have been quiet since its shutdown in 2022 in what was trumpeted as a pioneering project in the world's transition to green energy. - Mistakes and lessons - The missteps at Komati are lessons for other coal-fired power plants marked for shutdown, Pillay said.
Spanish resort to ban new holiday flats in 43 neighbourhoods
Malaga moved Monday to ban new short-term apartment rentals to tourists in 43 neighbourhoods of the southern Spanish city, the latest move in the country to limit holiday flats. Short-term holiday rentals account for 65 percent of total tourist accommodation in Malaga's centre, according to a study conducted by local authorities.
Japan, UK to hold regular economic security talks
Japan and Britain have agreed to hold regular high-level talks on economic security, Tokyo said Tuesday after the two countries' leaders met on the sidelines of the G20 summit. Ishiba and Starmer agreed to launch the so-called "economic 2+2" talks between their foreign and economic ministers "to further advance bilateral cooperation, in the field of economy including trade and economic security."
US to call for Google to sell Chrome browser: report
The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday.
Trump expected to attend next Starship rocket launch: reports
US President-elect Donald Trump is expected to attend Tuesday's launch of SpaceX's massive Starship rocket, US media reported, the latest sign of growing ties between him and fellow billionaire Elon Musk. US media outlets have reported on Trump's plans to attend, with NewsNation quoting the office of local House Representative Vicente Gonzalez.
China's Xi urges G20 to help 'cool' Ukraine crisis
Chinese President Xi Jinping urged G20 leaders Monday to support efforts to de-escalate the war in Ukraine and reach a "political solution," state media reported.
AFP
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