AFP
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US jobs market defies expectations of January slowdown
The US labor market smashed expectations last month in a surprise hiring pick-up, government data showed Friday, with a resilient jobs market likely good news for President Joe Biden in election year. The strong start this year signals that the labor market is set to continue bolstering the economy.
German MPs approve controversial 2024 budget
Germany's parliament on Friday approved a revised 2024 budget that will reinstate strict debt limits after a shock legal ruling forced Chancellor Olaf Scholz to redraw his spending plans. The ruling tore a 17-billion-euro hole in the government's 2024 finance plans.
Hit them in the pocket: how cities are going after SUVs
Two decades after London began moves to clamp down on sports utility vehicles, Parisians on Sunday will vote on whether to squeeze the gas-guzzlers out of town by tripling their parking fees. Parking charges in London and in other councils, including Bath and North East Somerset, have also introduced emissions-based parking fees. eab/cb/sjw/gil
Hong Kong quits e-sports cup that could not show 'China' in team name
Hong Kong has withdrawn from the eAsian Cup in Qatar because the football video game used by the event could not display the team's official name which includes the word "China". "Konami's eFootball 2024 gaming application adopted by the AFC eAsian Cup 2023 is unable to correctly display our team name of 'Hong Kong, China'," the city's football association said in a statement on Thursday.
Public transport walkout hits strike-battered Germany
Public transport workers across Germany walked off the job on Friday in the latest industrial action to buffet Europe's top economy. The strike came one day after security staff at 11 German airports walked off the job, leading to the cancellation of 1,100 flights amid a spate of industrial action and protests to hit commuters in the last weeks.
China economic slowdown to persist through 2028: IMF
China's economic slowdown is likely to persist in the coming years as the Asian giant struggles with sagging productivity and a rapidly aging population, the International Monetary Fund (IMF) said Friday.
Asian markets rally after tech-fuelled Wall St surge
Asian markets rallied Friday, tracking a surge on Wall Street fuelled by bargain-buying from the previous day's sell-off, while strong earnings from tech titans soothed worries about the impact of higher interest rates on bottom lines.
US Apple fans get hands on $3,500 Vision Pro
US Apple stores on Friday will start selling the Vision Pro, the tech giant's $3,499 headset and its first major release since the Apple Watch nine years ago. The Vision Pro can be tested out by appointment in US Apple stores.
Apple promises AI innovation as China iPhone sales slip
Apple chief Tim Cook on Thursday promised the tech titan has artificial intelligence news in store as shares suffered despite sales growth in the final three months of last year. - Cook promised that Apple would share details of its artificial intelligence (AI) work later this year.
AFP
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