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G7 finance leaders gather with Ukraine, tariff concerns at fore
Top finance leaders from the G7 nations gather in Canada starting Tuesday, with concerns including war in Ukraine at the fore while the advanced economies grapple with fallout from US President Donald Trump's sweeping tariffs.
Asian markets rebound to track Wall St up as China cuts rates
Asian markets rose Tuesday as investor sentiment returned following the previous day's US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic lows. Both rates were last cut in October to what were then record lows.
India steel plans threaten global emissions goals: report
India's plans to massively expand coal-based steel and iron production threaten global efforts to reduce the sector's carbon emissions, a key contributor to climate change, a report said Tuesday. Meanwhile India, which targets carbon neutrality only by 2070, plans to massively expand domestic capacity.
Rio Tinto invests in major Chilean lithium project
Chile's state-owned copper giant Codelco announced a partnership on Monday with British-Australian miner Rio Tinto to extract lithium from a salt flat that contains the world's second-biggest deposits of the prized metal.
CBS News boss resigns amid tensions with Trump admin
The CEO of CBS News, one of America's best-known broadcast media outlets, quit Monday citing a "challenging" last few months as the network became embroiled in legal and business tensions with the Trump administration. "The past few months have been challenging," CEO Wendy McMahon wrote in a goodbye letter to staff.
S.Africa says talks with Trump aim to salvage trade
Securing South Africa's trade ties with the United States will be a key aim of President Cyril Ramaphosa, who Monday began a Washington visit that will feature a meeting with Donald Trump, Ramaphosa's office said.
Perrier scandal bubbles up as French parliament slams cover-up
The French government "at the highest level" covered up a scandal over the treatment of mineral water by food giant Nestle, including the iconic Perrier brand, an investigation by France's upper house of parliament said Monday.
Guinness maker Diageo cuts costs, eyes US tariff hit
Diageo, the maker of Guinness stout and Smirnoff vodka, said Monday it would cut costs to reduce debt, as the British group anticipates a hit from US tariffs of $150 million.
French state covered up Nestle water scandal: Senate report
The French government "at the highest level" covered up a scandal over the treatment of mineral water by food giant Nestle, including the iconic Perrier brand, a Senate investigation said Monday. - 'Highest level of the state' - In late 2020, new management at Nestle Waters claims to have discovered the use of prohibited treatments for mineral water at its Perrier, Hepar and Contrex sites.
AFP
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