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Deal signed to export DR Congo copper via US-backed corridor
Two firms, Singapore-based Trafigura and Canada's Ivanhoe Mines, signed a major deal on Wednesday to export copper along a US-backed rail route from the Democratic Republic of Congo.
Sweden shuts Nord Stream probe over lack of jurisdiction
A Swedish prosecutor probing the 2022 sabotage of the Nord Stream gas pipelines linking Russia and Germany said Wednesday he was closing the investigation because Sweden does not have jurisdiction. Denmark, Sweden and Germany all opened investigations into the explosions.
IMF warns of Maldives foreign debt crisis, after China borrowing
The strategically-placed Indian Ocean nation of the Maldives, which has borrowed heavily from China and shifted allegiance from India, is at high risk of "debt distress," the IMF warned Wednesday. "The Maldives remains at high risk of external and overall debt distress".
TotalEnergies posts record annual profit at $21.4 billion
French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied natural gas and electricity divisions.
Taylor-mania hits Tokyo as Swift resumes tour before Super Bowl
Taylor Swift will celebrate making Grammys history with a run of concerts in Tokyo starting Wednesday, kicking off a month of sell-out shows in Asia that will include a quick run home to see her boyfriend contest the US Super Bowl.
Why fashion's 'recycling' is not saving the planet
In H&M's flagship Paris store it is hard to find clothes that don't claim to be made from "recycled materials". Those clothes that can be recycled must be sorted by colour, and then have zips, buttons, studs and other material removed.
Why Germany is being hit by strikes almost every day
A wave of strike action has brought Germany to a standstill in recent weeks, as Europe's largest economy has struggled for growth and consumers have felt the pinch from sky-high inflation. Germany has historically been among the countries in Europe where workers went on strike the least.
Israeli wineries near Lebanon fear ruined crop as war looms
Black clouds loom over grapevines in northern Israel on hills that stretch to the Lebanese border, where months of violence have raised fears of a wider war. There are fears of worse to come.
Asian markets track Wall St higher as Hong Kong extends rally
Hong Kong and Shanghai stocks extended their rally Wednesday on hopes for more Chinese measures in support of battered markets, while traders elsewhere in Asia tracked Wall Street advances fuelled by strong earnings. "Sentiment improved after (Tuesday's) ripping rally in Chinese and Hong Kong stocks," said Kyle Rodda of Capital.
AFP
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