Economy

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Floating wind power sets sail in Japan's energy shift
Floating wind power sets sail in Japan's energy shift
by  AFP

Close to a small fishing port in southwestern Japan, the slim white turbines of the country's first commercial-scale floating wind farm glimmer offshore, months before a key project in Tokyo's green-energy strategy begins.

Cyberattack hits European airports
Cyberattack hits European airports
by  AFP

Major European airports including Brussels, Berlin and London's Heathrow were Saturday hit by a cyberattack on check-in systems that caused cancellations and long delays for thousands of passengers.

Americans would dominate board of new TikTok US entity: W.House
Americans would dominate board of new TikTok US entity: W.House
by  AFP

A deal for the Chinese parent company of popular video-sharing app TikTok to sell its US operations would see the creation of a board dominated by Americans, the White House said Saturday. "There will be seven seats on the board that controls the app in the United States, and six of those seats will be Americans," White House press secretary Karoline Leavitt told Fox News.

Novartis chief eyes ways to end higher US drug prices: media
Novartis chief eyes ways to end higher US drug prices: media
by  AFP

Amid a threat of towering US tariffs, Swiss pharmaceutical giant Novartis is seeking ways to enable Americans to pay less for their medicines, its chief said in an interview published Saturday. "We are working with the government and trying to find constructive solutions so that Americans pay less for their medicines," he told the Swiss daily.

Trump's $100,000 fee for H-1B visas, a tech industry favourite, concerns India
Trump's $100,000 fee for H-1B visas, a tech industry favourite, concerns India
by  AFP

India's leading trade body said on Saturday it was concerned by a new annual $100,000 fee that US President Donald Trump ordered for H-1B skilled worker visas, an addition that could have major repercussions for the tech industry where such permits are widespread. It was also concerned by the short timeline, with the new fees under Trump's order coming into effect on Sunday.

Bumper harvest falls flat for Italy's Asti vineyards
Bumper harvest falls flat for Italy's Asti vineyards
by  AFP

The storied Asti region of northern Italy saw a lush harvest this year but many winegrowers are leaving some grapes on the vine, choosing to produce less as US and Russian demand drops. - Hot summer - Leaving grapes is what some winegrowers are doing in Asti to produce less sparking white.