AFP
20238 articles published since 08 Mar 2022
20238 articles published since 08 Mar 2022
China's premier called Tuesday for countries to "oppose decoupling", as economic tensions simmer between Beijing and the European Union, a key trading partner that is preparing to impose new tariffs on Chinese electric vehicles next month.
Asian equities edged higher Tuesday after recent losses as investors ignored another tough day for tech titans on Wall Street that has raised concerns about a correction in markets following a string of record highs.
Niger on Monday confirmed one of the world's biggest uranium mines had returned to public control after revoking the operating licence of French nuclear fuel producer Orano. The government had not reacted before releasing a statement on Monday saying the Imouraren mine had returned "to the public domain of the state".
Argentina's austerity-hit economy contracted by 5.1 percent in the first quarter, the national statistics agency said Monday, driven by a slowdown in the construction and manufacturing industries. The manufacturing industry contracted by 13.7 percent and the only sector growing was exports -- up 26.1 percent year on year.
Derided at its unveiling, Germany's pink-and-purple away kit has become the breakout style star of Euro 2024, where it has added a splash of colour to the stands at the host's fixtures. The pink strip however figures to be one of the last kits Adidas makes for their home team after decades during which the sportswear company's three stripes were a fixture on German kits.
The European Union warned Apple on Monday that its App Store is breaching its digital competition rules, placing the iPhone maker at risk of billions of dollars in fines. In one of the most notorious cases, the European Commission in 2016 ordered Apple to pay Ireland more than a decade in back taxes -- 13 billion euros -- after ruling a sweetheart deal with the government was illegal.
Chemical maker Covestro said Monday that it entered "concrete negotiations" with Emirati national energy firm ADNOC after the German group received a takeover offer worth nearly 12 billion euros ($12.8 billion). It said the "starting point" for talks was a "possible offer price" of 62 euros per share from ADNOC. This would value Covestro at 11.72 billion euros, according to an AFP calculation.
Growing up in a shanty town in Kenya's capital Nairobi, Sarah Njoroge saw her parents ban her older siblings from taking part in anti-government demonstrations, fearing the bloody crackdown that would follow.
Apple risks billions of euros in fines after the European Union on Monday found the iPhone maker's App Store to be violating the bloc's landmark digital competition rules. The European Commission informed Apple in a "preliminary view" that the "App Store rules... prevent app developers from freely steering consumers to alternative channels for offers and content".
AFP
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