AFP
20241 articles published since 08 Mar 2022
20241 articles published since 08 Mar 2022
Markets rallied Friday as forecast-busting Chinese data boosted hopes the world's number-two economy may be stabilising after an extended slowdown. Hong Kong led the Asian charge Friday after data showed Chinese retail sales and industrial production jumped more than expected last month.
As global corporations face increasing pressure to report their ethical and environmental credentials, it is spurring a booming industry in businesses looking to verify these corporate claims. EcoVadis is one of the companies working to verify ethical claims, and says it has rated more than 120,000 companies so far.
Driven by a passion to protect the planet, Phoebe English hasn't bought a centimetre of fabric or a single plastic button for her collection at London Fashion Week. While most fashion brands now say they are acting to protect the environment, many are accused of "greenwashing".
After New York, the fashion world descends on London from Friday, showcasing big names such as Burberry but also the work of young designers who could become household names of the future. "REBEL: 30 Years of London Fashion" showcases about 100 designs, some of which have gone down in pop culture history.
Chinese retail sales jumped last month, data showed Friday, beating expectations and fuelling hopes that the country's army of consumers are returning to help kickstart the world's number two economy after an extended period of weakness.
Thousands fleeing war in Sudan have taken refuge in the Egyptian city of Aswan on the Nile, where families are helping keep the tourism industry afloat far from the horrors they left behind. During the winter months, the city fills with Egyptian and international travellers -- drawn by the abundance of Pharaonic sites, views of the Nile River and warm weather.
Jogging to the podium, US President Joe Biden didn't betray any concern that his son had just been indicted on gun charges -- and nor did the audience. He made no mention on Thursday of the fact that his son had been indicted for buying a gun when he was using drugs, casting a new shadow over Biden's 2024 re-election campaign.
The G77+China, a group of developing and emerging countries representing 80 percent of the global population, gathers Friday in Cuba seeking to promote a "new economic world order" amid warnings of growing polarization.
Mexico said Thursday that it expected to open dozens of new air routes to the United States after regulators in Washington restored its top aviation safety rating. "More than 50 new routes are expected to open in the short term from Mexico to the United States, which could represent more than a million passengers each year," the ministry said in a statement.
AFP
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