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France fines Shein 40 mn euros over 'deceptive' sales practices
France announced Thursday a record 40 million-euro fine against e-commerce giant Shein over "deceptive commercial practices" after a competition inquiry, saying it misled customers on price deals and on its environmental impact.
Ethiopia's mega dam on the Nile 'now complete': PM
Ethiopia's Prime Minister Abiy Ahmed on Thursday said a multi-billion-dollar mega-dam on the Blue Nile that has long worried neighbouring countries is complete and will be officially inaugurated in September. Speaking in parliament, Abiy said Gerd "is now complete, and we are preparing for its official inauguration".
Strike by French air traffic controllers disrupts summer travel
French air traffic controllers launched a two-day strike on Thursday to demand better working conditions, disrupting travel for tens of thousands of people at the start of a summer holiday season. "The demands made by minority unions are unacceptable, as is the decision to hold this strike at the start of the holiday season," Philippe Tabarot said on Wednesday. tq-as/ach
Japan plans 'world first' deep-sea mineral extraction
Japan will from January attempt to extract rare earth minerals from the ocean floor in the deepest trial of its kind, the director of a government innovation programme said Thursday.
US-Vietnam trade deal sows new China uncertainty
Vietnam's trade deal with the United States averts the most punishing of Donald Trump's "reciprocal" levies but analysts warned it could provoke a fresh standoff between Washington and Beijing.
Drought-hit Morocco turns to desalination to save vegetable bounty
On the drought-stricken plains of Morocco's Chtouka region, cherry tomato farms stretch as far as the eye can see, clinging to life through a single, environmentally contentious lifeline: desalination. "Desalination has saved agriculture in Chtouka," said Mohamed Boumarg, walking through one of his tomato greenhouses.
Asian stocks mixed as traders shrug at US-Vietnam trade deal
Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that could impact Federal Reserve interest rates plans.
In US capital, Trump tariffs bite into restaurant profits
Brazilian coffee beans, French champagne and Chinese teas -- drinks are a profit driver for US restaurants, but higher import costs have eaten into margins and fed into consumer prices in the three months since President Donald Trump unveiled sweeping global tariffs.
Trump says Vietnam to face 20% tariff under 'great' deal
President Donald Trump announced Wednesday that he had struck a trade deal with Vietnam under which the country would face a minimum 20 percent tariff and open its market to US products.
AFP
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