
AFP
17636 articles published since 08 Mar 2022
17636 articles published since 08 Mar 2022
Donald Trump's threat of tariffs on foreign-made films risks stoking tensions between the European and American film industries and dominating conversations at the Cannes film festival this week. Trump's lawyers called the film "garbage" and "pure malicious defamation" when it came out on the eve of last November's presidential election.
Asian stocks rallied Monday after top Chinese and US officials held "substantial" trade talks at the weekend, fuelling hopes the two sides will dial down a tariff standoff that has rattled global markets and fuelled recession fears. The two sides said they would provide details Monday.
Aarti Verma is about to join the growing ranks of Indians installing air conditioning, scraping together savings to secure relief from sometimes deadly temperatures that can reach nearly 50 Celsius. For Verma, the priority is securing some immediate relief.
Donald Trump on Sunday defended plans to receive a new Air Force One as a gift, after reports he will accept a luxury Boeing jet from Qatar despite strict rules on presents for US presidents. The US president has long been unhappy with the Air Force One jets -- two highly customized Boeing 747-200B series aircraft.
The United States and China are set to provide details on Monday of the "substantial progress" made during talks in Switzerland over the weekend aimed at cooling trade tensions ignited by President Donald Trump's sweeping tariffs. In a statement, the White House hailed what it called a new "trade deal" with China, without providing any additional details.
Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse Monday, making it the largest IPO expected in the city so far this year. In December, CATL announced that it would work with automotive giant Stellantis on a $4.3 billion factory to make EV batteries in Spain, with production slated to begin by the end of 2026.
Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump's aggressive tariff rollout. Bessent underlined a focus on "de-escalation" and not a "big trade deal", while Beijing insisted that the United States had to ease tariffs first.
Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town. He argued that the UK and devolved Scottish governments needed to do more to bridge the gap between shuttering polluting industries and the transition to greener energy -- which will accelerate closer to Britain's 2050 net zero target.
Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact gadgets and colourful party costumes, thanks to its cult status among tourists but also inflation at home.
AFP
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