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VinFast share volatility 'normal': chief executive
The dramatic fluctuation in shares of Vietnamese electric vehicle maker VinFast is "normal", its chief executive told AFP on Friday, insisting the company was on sound footing despite racking up huge losses.
Eurozone inflation falls to nearly two-year low
Eurozone inflation dropped to an almost two-year low in September, official data showed Friday, raising hopes that the European Central Bank will end its rate-hiking cycle.
IEA, ECB urge Europe to move faster on energy transition
Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power, top policymakers warned on Friday. "Policymakers must take bold action, and soon, for the region to remain a global industrial power," Birol said.
Millions travel across China as national holiday kicks off
Chinese travellers thronged transport networks Friday as an eight-day national holiday kicked off, the first October break since the end of the strict zero-Covid policies that separated families and hammered the tourism industry.
French billionaire investigated in money laundering probe
French billionaire Bernard Arnault and Russian oligarch Nikolai Sarkisov are under investigation for alleged money laundering at a luxury Alpine resort, according to Paris prosecutors.
Video games give sports stars second life
The post-retirement careers of the biggest sports stars can be fascinating to watch -- Viagra ads, property ventures, crypto projects -- but one option is becoming a sure-fire winner: put your face on the cover of a video game. The leading video game series on American football bears the name of a former player, John Madden, who retired in 1978 to become a sports commentator.
Asian markets mostly rise after Wall St gains
Most Asian markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed respite from speculation the Federal Reserve will push interest rates even higher. The recent advance in oil prices has stoked inflation concerns and sent Treasury yields to 16-year highs, dampening risk appetite.
Former crypto star Sam Bankman-Fried faces US trial
Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison. Pending the trial, Bankman-Fried was placed under house arrest at the Silicon Valley home of his parents, both professors at Stanford University.
Sam Bankman-Fried, the fallen wunderkind of cryptocurrency
He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector. The young man known as SBF would charm US lawmakers with his straight talk and vision of crypto's future, including an extensive regulatory regime -- a position at odds with many in the sector.
© AFP 2022
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