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'I am NOT taking drugs!' Musk denies damning report
Elon Musk on Saturday denied a report that he used ketamine and other drugs extensively last year on the 2024 campaign trail. In a post Saturday on X, Musk said: "To be clear, I am NOT taking drugs!
Ecuador apologizes to farm workers deemed to live like slaves
Ecuador's government apologized Saturday to some 300 people who worked as farmers for a Japanese textile firm in conditions which a court likened to modern-day slavery. The court said that over the course of five years Furukawa had people living in conditions of modern-day slavery in its abaca fields.
Google says to appeal online search antitrust ruling
Google said Saturday it will appeal a ruling against it for anti-competitive practices in online search, a day after urging a US judge to reject the suggestion it spin off its Chrome browser.
OPEC+ announces sharp increase in July oil production
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. Analysts see several possible motivations for the production hikes, one of them being Saudi Arabia and others penalising members for not keeping to their quotas under the cuts first agreed in 2022.
Chinese automakers get stern 'price war' warning after discount spree
A top industry group had a stern rebuke Saturday for automakers fuelling a "price war", a week after Chinese EV giant BYD announced sweeping trade-in discounts, with multiple competitors following suit. Days later, Stellantis-backed Chinese EV startup Leapmotor announced similar discounts on two "entry-level" models through June 8.
Panama launches maintenance work at contested mine
Panama's government said Friday it would start maintenance work at a major mine forced to shut by protests, but insisted the project was not tantamount to the pit reopening. Panama's President Jose Raul Mulino said last month that his government was working toward reopening the mine, without clarifying how he plans to tackle legal hurdles.
Trump says to double steel tariff to 50%
US President Donald Trump said Friday that he would double steel import tariffs to 50 percent, speaking in Pennsylvania at a US Steel plant where he also touted a partnership between the American steelmaker and Japan's Nippon Steel.
Google makes case for keeping Chrome browser
Google on Friday urged a US judge to reject the notion of making it spin off its Chrome browser to weaken its dominance in online search. US government attorneys have called on Mehta to order Google divest itself of Chrome browser, contending that artificial intelligence is poised to ramp up the tech giant's dominance as the go-to window into the internet.
Taylor Swift buys back rights to her old music
Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday. Thos records included the award-winning "Reputation" and "Taylor Swift."
AFP
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