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19879 articles published since 08 Mar 2022

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Apple says Indonesia iPhone sales ban ends in April
Apple says Indonesia iPhone sales ban ends in April
Business and Economy

Teach giant Apple announced on Wednesday the iPhone 16 will be available in Indonesia from next month, indicating the sales ban in Southeast Asia's biggest economy had been lifted. Despite the ban on iPhone sales in Indonesia, the government had allowed the devices to be brought in if they were not being traded commercially.

US may miss out on green tech boom: Germany
US may miss out on green tech boom: Germany
Business and Economy

Europe must seize on the "huge economic opportunities" offered by the green technology boom, Germany said Wednesday -- adding it was up to the United States if it decided to miss out. "Climate protection opens up huge economic opportunities, and we as Europeans want to seize them", she added.

Over a billion pounds of Coke plastic waste to enter waterways: study
Over a billion pounds of Coke plastic waste to enter waterways: study
Business and Economy

By 2030, Coca-Cola products will account for an estimated 1.33 billion pounds (602,000 metric tons) of plastic waste entering the world's oceans and waterways each year, according to a stark new analysis published Wednesday by the nonprofit Oceana. The result: the company's plastic use is projected to exceed 4.13 million metric tons (9.12 billion pounds) annually by 2030.

UK set to cut public spending by billions of pounds
UK set to cut public spending by billions of pounds
Business and Economy

Britain's finance minister Rachel Reeves is set to detail billions of pounds of spending cuts in her Spring Statement on Wednesday to address the country's ailing public finances. An advocate of iron discipline over public finances, Reeves is set to detail cuts to welfare payments and government departmental budgets in Wednesday's highly-anticipated update.

US imposes trade restrictions on dozens of entities with eye on China
US imposes trade restrictions on dozens of entities with eye on China
Business and Economy

The United States added dozens of entities to a trade blacklist Tuesday, its Commerce Department said, in part to disrupt Beijing's artificial intelligence and advanced computing capabilities. Two entities in Iran and China were also added to the list for seeking to procure US items for Iran's defense industry and drone programs, the Commerce Department said.

Lula urges Mercosur-Japan deal to counter Trump protectionism
Lula urges Mercosur-Japan deal to counter Trump protectionism
Business and Economy

Brazil's President Luiz Inacio Lula da Silva called Wednesday for a trade deal between South America's Mercosur bloc and Japan to counter growing US protectionism. The Keidanren business federation "urgently" called in November for "expedited efforts" towards a Japan-Mercosur Economic Partnership Agreement (EPA), an accord similar to a free trade deal.

ECB's digital euro sparks flurry of online misinformation
ECB's digital euro sparks flurry of online misinformation
Business and Economy

European Central Bank president Christine Lagarde's recent remarks on a "digital euro" prompted a fresh wave of misinformation online, highlighting an uphill battle ahead to convince the public of the project's merits. - 'Strategic autonomy' - The ECB and dozens of other central banks worldwide are exploring or putting in place central bank digital currencies (CBDCs) as cash use declines.

ECB pushes back against calls for looser bank rules
ECB pushes back against calls for looser bank rules
Business and Economy

The European Central Bank has pushed back against calls to loosen rules for eurozone banks despite fears they could fall behind US rivals if President Donald Trump implements major deregulation. - Banking rules stall - Still, Montagner conceded it was ultimately not his call to set rules for the eurozone banking system -- that is up to European lawmakers.

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