AFP
20238 articles published since 08 Mar 2022
- All (20238)
- Economy (8452)
- Business and Economy (5268)
- World (4605)
- Africa (977)
- Technology (931)
- US (2)
- Asia (2)
- Nigeria (1)
Author's articles
Volkswagen profit plunges on high costs, Chinese slump
Europe's biggest carmaker Volkswagen reported a 64-percent drop in third-quarter net profit Wednesday, as it struggles with high costs and slowing sales in China. Global vehicle deliveries fell by seven percent in the July to September period, Volkswagen said, with an increase in sales in North America failing to offset a 15-percent fall in China.
Industrial slump leaves Germany on brink of recession
German output likely contracted again in the third quarter as an industrial slump drags on, official data is expected to show Wednesday, tipping Europe's largest economy into recession. Other major European economies were also set to publish third-quarter GDP data Wednesday.
US economy's solid growth unlikely to register at ballot box
The US economy is set to report another quarter of solid growth Wednesday, less than a week before the presidential election, but analysts say it remains unclear if positive data can sway inflation-weary voters. An October New York Times/Siena College poll of likely voters released last week showed that economic issues remained top-of-mind around two weeks before the election.
Bitcoin close to record as cautious markets eye US election
Bitcoin was close to $73,000 in early Asian trade Wednesday, approaching a record high with investors keeping a cautious eye on the US presidential election. With the uncertainty surrounding the very tight US election, safe-haven gold also reached a record high of $2,782.17 on Wednesday.
UK's Labour govt prepares to deliver decisive first budget
Britain's new Labour government unveils its first budget on Wednesday, with Prime Minister Keir Starmer warning of tax rises and public spending cuts as he focuses on long-term growth. The government has confirmed that the budget will include tax rises, cuts to public spending and changes to fiscal rules to enable borrowing billions more to invest.
Beijing files WTO complaint over EU's new taxes on Chinese EVs
Beijing said Wednesday it had lodged a complaint with the World Trade Organization over the European Union's decision to impose hefty tariffs on Chinese-made electric cars. China slammed Brussels's decision on Wednesday morning, saying it did not "agree with or accept" the tariffs and had filed a complaint under the World Trade Organization's (WTO) dispute settlement mechanism.
'New wave' as start-up sweeps up Thai ocean plastic
As a long-tail boat arrives at a fishing village on the southern Thai island of Koh Chang, residents gather to sell their wares -- not seafood, but plastic. On Koh Chang, a 30-minute speedboat ride from the sleepy southern town of Ranong, the Tide boat's arrival prompts a flurry of activity.
Who should get paid for nature's sequenced genes?
Much of the vanilla that flavors our ice cream today is artificial, derived from the genetic signature of a plant that hundreds of years ago was known only to an Indigenous Mexican tribe.
Google reports strong growth driven by AI, Cloud
Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services.
AFP
Load more