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'Not backing down': activists block hydro plants in N.Macedonia
Deep in the rugged forests of North Macedonia, small-hydropower developers are facing off with activists who warn that a thirst for lucrative green energy contracts is threatening the country's rivers. - 'Not backing down' - One of the few rivers in North Macedonia still clean enough to drink from, the Dosnica is a small tributary to the Vardar, which flows into Greece.
Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily Wednesday amid lingering uncertainty over Donald Trump's trade war, while another round of data indicated further weakness in the US economy but added interest rate cut speculation. After a strong start to the week sparked by hopes that painful jobs data will force the US Federal Reserve to lower rates next month, another batch of figures added fuel to the fire.
Trump targets tariff evasion, with eye on China
As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.
Czech driverless train hits open track
A rail line linking two northern Czech towns is testing Europe's first driverless train operating in an open environment, its developer told AFP on Tuesday. He added Edita was the first driverless train in Europe in an open environment with level crossings and where animals might get in the way.
US trade gap shrinks on imports retreat as tariffs fuel worries
The US trade gap narrowed in June, government data showed Tuesday, as imports pulled back more than exports while businesses grappled with President Donald Trump's tariffs on allies and competitors alike. The June deficit narrowed on the back of a fall in imports, by 3.7 percent to $337.5 billion, while exports also dropped by 0.5 percent to $277.3 billion.
Trump signals tariffs on pharma, chips as trade war widens
US President Donald Trump signaled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled as soon as the coming week, as he presses on in efforts to reshape global trade. The US president told CNBC that upcoming tariffs on imported pharmaceuticals could reach 250 percent, while adding that he plans for new duties on foreign semiconductors soon.
Swiss president rushes to US to avert steep tariffs
Switzerland's president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine country. "For this reason," the president and the economy minister "are to travel to Washington on Tuesday".
German car sales jump in July but market still weak
New car sales in Germany posted a big rise in July, official data showed Tuesday, but analysts warned against sounding the all-clear for Europe's top auto market. BYD sold 1,126 cars in Germany in July 2025, the KBA figures showed, a rise of almost 400 percent year-on-year and more than the 1,110 that Elon Musk's Tesla managed.
Guinness owner Diageo ups savings as US tariffs hit
Diageo, the maker of Guinness stout and Smirnoff Vodka, reported Tuesday a sharp drop in annual net profit and raised its cost-savings targets as US tariffs hit. Its annual profit was hit also by restructuring costs and impairment charges.
AFP
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