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Crisis-hit German rail operator reports another massive loss
German rail operator Deutsche Bahn reported another massive annual loss Thursday as it battles a "serious crisis" but said government plans to ramp up infrastructure spending could get it back on track. "Deutsche Bahn is facing its most serious crisis" since major railway reforms of the mid-1990s, said CEO Richard Lutz.
Tariff-hit British Steel confirms plan to shut blast furnaces
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a decision which could cost up to 2,700 jobs.
Hundreds of fungi species threatened with extinction: IUCN
Deforestation, farming and climate-fuelled fires are driving increasing threats to fungi, the lifeblood of most plants on Earth, the International Union for Conservation of Nature warned on Thursday. Deforestation, for timber or to make way for crops, is the primary existential threat to at least 198 fungi species.
Tariff-hit British Steel confirms furnace closures
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, blaming a decision that risks up to 2,700 job losses partly on US tariffs.
Japan warns of 'significant impact' from US tariffs
Japan's government warned Thursday of a "significant impact" on its economic ties with the United States and on global trade, after President Donald Trump announced import tariffs on cars.
UK town motors on as historic Vauxhall plant to shut
At regular intervals, vehicle transporters exited the front gates of the historic Vauxhall plant in the English town of Luton, loaded with white electric vans straight off the assembly line.
Autos lead Asian market losses after Trump's latest tariffs salvo
A plunge in automakers hit Asia equities Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as he presses hardball trade policies many fear will spark a recession. Key automobile parts will also be hit within the month.
AI's impact on jobs, tech's touchy topic
"Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where the impact of new artificial intelligence models on the world of work had sparked some unease. We're sparking the conversation," said Fahad Alam of Artisan, a startup, at the HumanX AI event.
Chile rocked by clashes over fishing quotas
Chilean police fired tear gas and water cannon Wednesday as they battled with hundreds of fishermen who threw stones and burned tires to press for greater catch rights, leaving at least 15 officers and a protester hurt. Police fired tear gas and used at least three water cannon to disperse the protests, which Vasquez termed "very violent" and lasted several hours.
AFP
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