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Food app Deliveroo delivers first annual profit
Food delivery app Deliveroo announced Thursday its first annual profit as orders and revenue rose, while the 12-year old company sees further growth despite exiting Hong Kong. Deliveroo, which earlier this week said it was exiting Hong Kong owing to growing competition in the Chinese city, posted profit after tax of £2.9 million ($3.8 million) last year following a loss of £31.8 million in 2023.
Games industry still a hostile environment for many women
Five years on from a first wave of harassment scandals that rocked the world of gaming, multiple women working in the industry tell AFP they have seen or experienced sexism in the workplace, fearing economic hardship in the sector will lead to backsliding.
Couche-Tard bosses make case in Tokyo for 7-Eleven buyout
The directors of Canadian convenience store giant Alimentation Couche-Tard (ACT) said on Thursday they were seeking a "friendly" buyout of 7-Eleven but lamented a lack of progress towards a deal.
Ukraine ceasefire bid, trade war to dominate as G7 diplomats meet
US Secretary of State Marco Rubio is set to meet his Canadian counterpart at a G7 gathering Thursday, but discussion of American annexation threats has been ruled off-limits at talks expected to be dominated by efforts to agree a ceasefire in Ukraine. Canadian Foreign Minister Melanie Joly said she expected her talks with Rubio will be centered on "Ukraine and the ceasefire that's on the table."
Doubts over climate funding as donors squeeze aid
There are growing doubts about a pledge by rich nations to provide more climate finance to poorer nations, as foreign aid budgets are slashed and the US guts environmental spending.
Asian stocks wobble as US inflation fails to ease trade worries
Asian investors struggled Thursday to build on much-needed gains on Wall Street as a below-forecast read on US inflation was offset by ongoing concerns about President Donald Trump's trade war.
Struggling Intel names industry veteran Lip-Bu Tan as CEO
Intel on Wednesday announced tech industry veteran Lip-Bu Tan as its new chief executive, boosting shares of the US computer chipmaker struggling to catch up in the AI race. Intel's niche has been in chips used in traditional computing processes being eclipsed by the AI rage.
Generative AI rivals racing to the future
Since ChatGPT burst onto the scene in late 2022, generative artificial intelligence (GenAI) models have been vying for the lead - with the US and China hotbeds for the technology. The Tesla tycoon bought Twitter in late 2022.
AFP
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