AFP
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Iran iPhone users signal dismay over new models ban
At a Tehran cafe, Hamid waves his mobile around hoping to latch onto a faint signal and thus bypass Iran's stringent ban on the latest models of iPhone. Under last year's ban, users of the latest iPhone models are no longer allowed to register their devices in the country.
India's onion farmers cry foul at politicians' price recipe
Almost every Indian meal requires an onion -- one of the cooking essentials along with sugar and lentils that sweet-talking politicians use to curry favour with their voters by lowering costs. But the slump in wholesale prices meant that was not passed on to the consumer -- or voter, from the politicians' viewpoint.
EU seeks roadblocks for Chinese EVs without sparking trade war
The EU faces a delicate balancing act as it prepares to rev up taxes on Chinese electric cars to protect European industry, while steering clear of a US-style showdown with Beijing that could spark a trade war. The EU wants many more Europeans driving electric cars as it prepares to outlaw the sale of new fossil fuel-powered cars from 2035.
Boeing set to deliver plan to regulators on upgrading safety
Boeing is expected to deliver on Thursday a "comprehensive action plan" required by US air safety regulators after a near-catastrophic incident in January. At that time, the FAA gave Boeing 90 days to produce "a comprehensive action plan to address its systemic quality-control issues to meet FAA's non-negotiable safety standards."
Asian markets extend losses with Wall St as rate hopes dim
Asian markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts. A second straight day of weak demand in a Treasuries auction forced yields -- a proxy for interest rates -- to extend a recent advance.
Nobel winner Yunus brings 'social business' mantra to Olympics
Since the early days of Paris's bid for the 2024 Olympics, the city has been receiving advice from a prestigious counsel: Nobel peace prize winner and social business guru Mohammed Yunus. Having visited the village built for the 2016 Olympics in Rio de Janeiro -- a high-rise complex outside the city, with poor public transport links -- Yunus knew the pitfalls.
Asia gas expansion threatens green transition: report
Southeast Asia is on track to vastly expand its gas-fired power plant and liquid natural gas import capacity, threatening its green energy transition, a report warned Thursday.
Australia says engaging with Ticketmaster over hacking 'incident'
Australia's government said Thursday its cyber security office was "engaging" with US-based Ticketmaster after a hacking group claimed to have accessed the details of 560 million global customers. "The National Office of Cyber Security is engaging with Ticketmaster to understand the incident," an Australian government spokesperson said in a statement.
American Airlines shares sink as it lowers demand outlook
Shares of American Airlines dove Wednesday after it lowered its profit outlook, citing weaker demand and a troubled booking system upgrade. American lowered its second-quarter profit margin outlook and now sees earnings per share of between $1.00 to $1.15.
AFP
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