AFP
17717 articles published since 08 Mar 2022
- All (17717)
- Economy (5936)
- Business and Economy (5268)
- World (4603)
- Africa (977)
- Technology (931)
- Asia (2)
Author's articles
7-Eleven shares plunge on reported plan to reject takeover
Shares of the owner of 7-Eleven plunged on Tuesday after a report said the Japanese retailer plans to reject a multibillion-dollar takeover offer by Canada's Alimentation Couche-Tard (ACT). The latest news followed separate reports that the 7-Eleven owner is set to replace its CEO Ryuichi Isaka with outside director Stephen Hayes Dacus.
Trump's China tariffs eclipse first term, more hikes likely: analysts
Donald Trump's latest tariff hike targeting China is likely only the start of his intensifying trade war against Beijing, which may struggle to shield its already ailing economy, analysts warned.
'Terrifying': Canadian auto workers dismayed at looming US tariffs
Residents of the Canadian border city of Windsor had held out hope US President Donald Trump's threats of tariffs on imports from Canada would prove hollow, but that faith was dashed Monday, sparking fear for their futures. Trump's decision is "not even logical, it makes absolutely no sense," said John D'Agnolo, president of a union in Windsor representing 2,000 workers at Ford.
Bitcoin value dives as uncertainty grips market
Bitcoin's price plunged nearly 10 percent on Monday as an escalating trade war and uncertainty over creation of a US crypto reserve fund sent investors running from risk. Cryptocurrency prices had climbed early Monday, buoyed by Trump the previous day naming five that could be used in a national strategic reserve fund.
What are China's annual 'Two Sessions' meetings?
Thousands of delegates from across China gather in Beijing from Tuesday as the country kicks off its annual legislative sessions, one of the most important political events of the year. - The first session, beginning Tuesday, is a gathering of China's political advisory committee, the Chinese People's Political Consultative Conference (CPPCC).
Trade and growth on agenda for key China meeting
China's largest political event of the year begins in Beijing on Tuesday, as US tariffs cast a cloud over closed-door meetings involving thousands of delegates from across the country. It is also facing more US tariffs, which could hit hundreds of billions of dollars in trade between the two countries.
AI firm Anthropic valued at $61.5 bn in funding round
Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. Amazon has invested a total of $8 billion in Anthropic, while Google-parent Alphabet has invested $2 billion in the startup. gc/dw
TSMC announces $100 bn investment in new US chip plants
President Donald Trump said Monday that the chip-making giant TSMC will invest "at least" $100 billion in the United States to build "cutting edge" chip manufacturing facilities, in the latest blockbuster financial pledge by a private company since his return to office in January.
Reddit co-founder joins 'People's Bid' to buy TikTok
Reddit co-founder Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort.
AFP
Load moreLatest
