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Paris Fashion Week coloured by scandal and grief
Paris Fashion Week launched Monday with touches of scandal and grief, as Balenciaga tries to move past recent controversies while Vivienne Westwood and Paco Rabanne hold their first shows since their founders' deaths. And the first Vivienne Westwood show since the dame's death in December will be held on Saturday.
UK and EU eye deal over post-Brexit trade in N.Ireland
Britain and the European Union were on Monday poised to agree a crucial overhaul of trade rules in Northern Ireland, in a breakthrough aimed at resetting strained relations since Brexit.
Carbon credits: a contested tool to fight deforestation
Planting trees or safeguarding tropical rainforests have become popular tools for companies seeking to offset their carbon emissions and proclaim their commitment to the environment. In other words, companies financing forests to offset carbon emissions is acceptable, but not as a loophole to avoid reducing their own emissions. mdz/lam/imm
China banking tycoon Bao Fan 'cooperating with investigation'
Chinese billionaire Bao Fan is "cooperating in an investigation" by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation's financial services industry.
Asian markets drop on rate fears as US inflation runs hot
Asian markets sank Monday following a Wall Street selloff, as forecast-beating US inflation data reinforced expectations the Federal Reserve would continue to ramp up interest rates for some time. All three main indexes on Wall Street ended deep in the red Friday, and Asia followed suit on Monday.
Phone firms set for annual meet in shadow of global slump
The big beasts of the telecom industry will gather in Barcelona on Monday for their most important annual get-together, this year under the shadow of a severe slump across the technology sector. Overall sales of smartphones last year slumped by 11.3 percent compared with 2021, according to the IDC consultancy.
Far-reaching UN treaty a must to cut global plastic use: experts
Only a bold and ambitious UN treaty with sweeping reforms of the entire plastic life cycle can stem the world's waste crisis, experts said Monday.
'Embezzled' Lebanese cash in Swiss banks: media report
Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss media reported on Sunday. Twelve Swiss banks have received a large part of the money he is alleged to have embezzled, estimated at up to $500 million, SonntagsZeitung reported on Sunday.
How Italy's generous green homes scheme turned 'wicked'
An Italian scheme to make homes more energy efficient has been wildly popular, but the government is seeking to rein in its "out of control" costs amid fears it could send the deficit soaring.
AFP
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