Economy

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Elon Musk halfway to becoming world's first trillionaire: report
Elon Musk halfway to becoming world's first trillionaire: report
by  AFP

Billionaire Elon Musk, the world's richest person, is nearly halfway to becoming the planet's first trillionaire, Forbes magazine reported Wednesday. The 54-year-old's net worth hit $500.1 billion Wednesday before dipping back to $499.1 billion, the publication's "Real-Time Billionaires" tracker reported.

Rising wildfires spur comeback for Canadian water bomber
Rising wildfires spur comeback for Canadian water bomber
by  AFP

The Canadair water bomber revolutionized the fight against wildfires after it debuted in the skies decades ago. - 'Tractor of the sky' - Pierre Boulanger, a Canadair pilot from Quebec who travels to California to fight wildfires every summer, celebrated the resumption of production, calling the model the most "efficient" tanker aircraft on the market.

G7 ministers to target those increasing Russia oil purchases
G7 ministers to target those increasing Russia oil purchases
by  AFP

G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow's invasion of Ukraine more than three years ago. "We will target those who are continuing to increase their purchase of Russian oil since the invasion of Ukraine and those that are facilitating circumvention," the ministers said in a joint statement.

Air traffic controllers warn of US shutdown strain
Air traffic controllers warn of US shutdown strain
by  AFP

Aviation groups urged US political leaders to quickly resolve a budget impasse Wednesday, warning that the government shutdown strains air travel and delays key upgrades. Airlines for America, which represents leading US carriers, urged congressional leaders to quickly remedy the situation.

Shein picks France for its first permanent stores
Shein picks France for its first permanent stores
by  AFP

Asian fast-fashion giant Shein said Wednesday it had picked France to open its first permanent physical stores in November. "This alliance is more than just a launch -- it's a commitment to revitalise city centres across France, restore department stores and create opportunities for French fashion," Shein said.