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Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
Tom Cruise's "Mission: Impossible - The Final Reckoning" powers into the Cannes film festival for its premiere on Wednesday on a steamroller of hype, with the world asking if this will be the final curtain for agent Ethan Hunt. Fans will find out if this really is the end of the road for secret agent Ethan Hunt when "The Final Reckoning" is released in Europe and the Middle East from May 21.
China's Tencent posts forecast-beating Q1 revenue on gaming growth
Chinese internet giant Tencent on Wednesday reported a better-than-expected increase in first-quarter revenue, propelled by growth in gaming as the firm's strategic drive into artificial intelligence deepens. In a breakdown of sales, Tencent said that revenue from domestic games increased 24 percent year-on-year, while international games saw a 23 percent rise.
France summons cryptocurrency businesses after kidnappings
The French interior minister said Wednesday he will meet with cryptocurrency professionals to discuss how to prevent future kidnappings for ransom following several such high-profile cases in France.
Baidu plans self-driving taxi tests in Europe this year
Chinese tech giant Baidu plans to start testing self-driving taxis in Europe for the first time by the end of this year, a source with knowledge of the matter confirmed to AFP on Wednesday. A source confirmed to AFP that Baidu will set up a local entity in Switzerland in order to begin tests there before the end of 2025.
Burberry warns 1,700 jobs at risk after annual loss
British luxury fashion label Burberry said Wednesday it could shed almost one-fifth of its global workforce over two years to reduce costs as it fell into an annual net loss. Net loss stood at £75 million ($99.8 million) in the 12 months to the end of March, compared to a profit of £270 million one year earlier, Burberry said in a statement.
Colombia joins Belt and Road initiative as China courts Latin America
Colombia formally agreed on Wednesday to join China's vast Belt and Road infrastructure initiative, as Beijing draws Latin America closer in a bid to counter the United States. On the sidelines of a major gathering of regional leaders in Beijing on Wednesday, Colombia became the latest country to join the vast, global initiative.
Protection racket? Asian semiconductor giants fear looming tariffs
Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.
Sony logs 18% annual net profit jump, forecast cautious
Japanese entertainment and electronics giant Sony on Wednesday reported an 18 percent jump in annual net profit but issued a cautious forecast for the current financial year. The firm logged a net profit of 1.14 trillion yen ($7.7 billion) for the 2024-25 financial year, but said it expects that to fall 13 percent to 930 billion yen in 2025-26.
China, US to lift sweeping tariffs in trade war climbdown
The United States and China will lift sweeping tariffs on each others' goods for 90 days on Wednesday, after a temporary ceasefire in a brutal trade war that roiled global markets and international supply chains. Under the deal, the United States agreed to lower its tariffs on Chinese goods to 30 percent while China will reduce its own to 10 percent -- down by over 100 percentage points.
AFP
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