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Bordeaux wine harvest drops to lowest level since 1991
Cold weather, disease and capacity cuts pushed wine production in France's Bordeaux region last year to a low not seen in three-and-a-half decades, the local industry body said Friday. Unfavourable weather, especially episodes of frost, weighed on production, while a high level of rainfall in the spring favoured the spread of disease, notably mildew.
Alibaba shares soar on reports of potential Xi meeting with Jack Ma
Alibaba shares soared by more than six percent on Friday following reports that Chinese President Xi Jinping was poised to meet with the tech juggernaut's co-founder Jack Ma. Alibaba, which has already surged more than 40 percent in 2025, piled on 6.3 percent after also being given an extra leg-up Thursday when its chairman said it would supply AI technology to power Apple's iPhones in China.
Japan to release emergency rice reserves to fight runaway inflation
The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a "megaquake" warning nearly doubled prices over a year. To prevent the distorting effect, the government is required to buy back the same amount of rice it released within a year.
Taiwan's Lai vows more investment in US as chip tariffs loom
Taiwan will boost investment in the United States and on its own defences, President Lai Ching-te said Friday, as Taipei seeks to head off US President Donald Trump's threats of tariffs on its semiconductor chips.
Most Asian stocks rise as US tariffs give breathing space
Asian markets mostly rose Friday in line with a rally on Wall Street as traders were buoyed by news that Donald Trump's latest, sweeping reciprocal tariffs would not likely be implemented until April, giving time for negotiations.
After the party, Mexican agave farmers face tequila hangover
From George Clooney to LeBron James, American celebrities have cashed in on tequila's soaring popularity.
Outdated showers, inefficient toilets: Trump's nostalgia for retro ways
Old-school gas stoves, generous showerheads, delicate light bulbs. - 'I always look orange' - And the former reality TV star also frequently rails against LED light bulbs, which have been gradually replaced by incandescent bulbs over the past decade.
Argentina records lowest monthly inflation in 4.5 years
Argentina recorded a monthly inflation rate of 2.2 percent in January, the lowest in 4.5 years, the INDEC national statistics agency said Thursday, in a boost for budget-slashing President Javier Milei. Last year, Argentina recorded its first budget surplus in a decade.
US State Dept walks back purported $400 mn Tesla contract
The US State Department backtracked Thursday on a document saying it would award $400 million for electric armored cars by Tesla, whose chief Elon Musk has been aggressively slashing government spending on behalf of President Donald Trump.
AFP
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