AFP
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Dollar strengthens as bets on Trump presidency rise post-debate
The dollar rose Tuesday and Asia equities were mixed as investors weighed the possibility of another Donald Trump presidency after last week's poor debate performance by incumbent Joe Biden.
Bot-like accounts spreading 'hate' during UK election: NGO
Bot-like social media accounts have spread "disinformation and hate" in tens of thousands of posts viewed an estimated 150 million times during the UK general election campaign, a watchdog investigation revealed Tuesday. Ava Lee, campaign leader at Global Witness, urged X and other social media companies to "clean up their platforms and put our democracies before profit".
US top court sidesteps ruling on contentious social media laws
The US Supreme Court on Monday ordered lower courts to review a pair of Republican-backed laws that imposed restrictions on social media content moderation, in a decision welcomed by the tech industry.
Meta risks fines over 'pay for privacy' model breaking EU rules
The EU accused Facebook owner Meta on Monday of breaching the bloc's digital rules, paving the way for potential fines worth billions of euros. Meta's total revenue last year stood at around $135 billion (125 billion euros).
Air France says Olympic Games has cut summer traffic to Paris
Air France-KLM warned Monday that the Olympic Games would lead to a drop in revenues of up to 180 million euros ($193 million), due to a decline in travel to Paris over the summer. One of the official partners of the Paris Olympic and Paralympic Games, Air France had said plans to use the events to boost its brand and show off its services.
Boeing says to buy subcontractor Spirit for $4.7 billion
US aircraft manufacturer Boeing said Monday it had reached a "definitive deal" to buy its subcontractor Spirit, which has faced scrutiny over production quality control in recent months.
Euro edges up on easing worries about French election
The euro rose against the dollar Monday on signs France's far-right would not win enough seats for an overall majority in legislative elections. However, while polls suggested the party was on course to win a majority of the 577-seat National Assembly, it was unclear if it could garner enough to take full control.
Vote-ready UK waits to scoop up Brexit boost
Eight years after Britain voted for Brexit, businesses still lament economic fallout caused by the country's departure from the European Union, with little prospect of change after this week's election. Alfonso noted that "you could get things from the European Union very easily" before Brexit.
Short fuses in Egypt as blackouts stretch into sweltering summer
At least once a day, the hum of every fan, air conditioner and fridge across Egypt goes quiet. The lights go out and an expletive is muttered or hurled into the quickly-heating air.
AFP
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