AFP
19848 articles published since 08 Mar 2022
- All (19848)
- Business and Economy (13359)
- World (4590)
- Africa (976)
- Technology (914)
- Asia (5)
- Energy (1)
- Industry (1)
- Economy (1)
- Football (1)
Author's articles
7-Eleven owner seeks to fend off takeover with buyback, US IPO
The Japanese owner of 7-Eleven announced on Thursday a raft of new measures to fend off a takeover by a Canadian rival, including a huge share buyback and an IPO of its US unit. Reports of the raft of measures, that appeared before the retailer's announcement, caused its shares to surge as much as 10 percent in afternoon trade.
Acquittal of Fukushima operator ex-bosses finalised
Japan's top court said Thursday it had finalised the acquittal of two former executives from the operator of the Fukushima nuclear plant charged with professional negligence over the 2011 meltdown. In March 2011, a massive tsunami swamped the Fukushima Daiichi plant on Japan's northeastern coast after an undersea 9.0-magnitude earthquake, the country's strongest in recorded history.
Chinese economy faces rising international 'uncertainty', official says
China's economy is facing growing "uncertainty" in the international environment, as well as insufficient domestic demand, a top economic official said on Thursday. He also said "we are also facing some problems such as insufficient domestic demand, production and operation difficulties in some industries and some enterprises".
Strikes hit Lufthansa profits, Olympics dent Air France
German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delays in aircraft deliveries, but vowed a turnaround plan will boost earnings this year. It also pointed to problems caused by "significantly higher costs, especially in Germany" as well as "further delays in aircraft deliveries".
Lufthansa 2024 profits dive amid strikes, rising costs
German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delayed aircraft deliveries, as a post-pandemic rebound petered out. It also pointed to problems caused by "significantly higher costs, especially in Germany" as well as "further delays in aircraft deliveries".
Asian markets rise on Trump auto tariff reprieve
Asian markets climbed on Thursday after US President Donald Trump announced a one-month tariff delay on auto imports from Mexico and Canada. Wednesday's tariff delay buoyed global markets and lifted the auto sector, with stocks in Hong Kong, Tokyo and Seoul also climbing Thursday morning.
Debate over rates pause mounts as ECB set to cut again
Massive German spending pledges and uncertainty caused by US trade policy are fuelling expectations the European Central Bank could on Thursday signal that a pause in interest rate cuts is in sight, analysts said.
US firm targets Moon landing with drill, rovers, hopping drone
A drill to search for ice. Also aboard Athena is PRIME-1, a NASA instrument carrying a drill to search for ice and other chemicals beneath the lunar surface, paired with a spectrometer to analyze its findings.
Trump to welcome crypto elite at White House
US President Donald Trump, who has multiple ties to the crypto industry, will host the sector's top players at a White House summit on Friday, as the field enjoys renewed momentum following his election. Friday's summit "marks a pivotal moment for the digital asset industry," according to Elitsa Taskova of Nexo, a cryptocurrency financial services platform.
AFP
Load more