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Google halts workplace diversity push
Google parent company Alphabet has stopped making diversity and inclusion a workplace priority, according to a filing Wednesday with US regulators. "At Alphabet, we are committed to making diversity, equity, and inclusion part of everything we do and to growing a workforce that is representative of the users we serve," the removed line read.
Disney profits rise on strong 'Moana 2' sales
Disney reported higher quarterly profits Wednesday, posting increased revenues in its streaming business as it eyes a rollout of a key ESPN product later this year. In its amusement park division, Disney had increased revenues but lower profits.
French PM survives no-confidence vote
French Prime Minister Francois Bayrou on Wednesday survived a no-confidence vote in parliament, winning some breathing space after less than two months in office but still facing an uncertain future.
Tesla sales fall in Germany as Musk backs far right
Tesla sales plunged in Germany last month, official data showed Wednesday, after billionaire owner Elon Musk waded into the country's election campaign by vocally backing the far right. Last month total electric car sales in Germany rebounded by over 53 percent from a year earlier, with 34,498 sold, the KBA data showed.
US trade gap swells in 2024 as deficits under fresh scrutiny
The US trade gap swelled last year to nearly $920 billion, according to government data released Wednesday, as deficits come under the spotlight with President Donald Trump's return to the White House. This was wider than values for the trade gap with North American neighbors Canada and Mexico combined, and more than the gap with the European Union as well, according to government numbers.
Steel decline sparks protests and a movie in Belgium
Thousands of steelworkers took to the streets of Brussels on Wednesday to demand EU help for a sector whose decline is the subject of a documentary on show at Belgian cinemas. On Wednesday, several thousand workers marched through Brussels, waving trade union flags and holding signs reading "European Union, wake up!"
EU seeks new import fee on e-commerce packages
The European Commission announced Wednesday it would seek to impose new fees on e-commerce imports, as part of efforts to tackle a surge of "harmful" products into the bloc -- the bulk of them from China.
Oil giants TotalEnergies, Equinor reduce low-carbon investments
French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while Norwegian peer Equinor scaled back its renewables ambitions as the companies reported sharp drops in annual profits. TotalEnergies said Wednesday it would reduce its investments in low-carbon energy, mainly for electricity, by $500 million -- from $5 billion to $4.5 billion.
China slams US 'suppression' as trade war deepens
Beijing accused the United States Wednesday of "suppression" after its postal service said it was suspending parcels from China and Hong Kong, a move that could hit e-commerce giants Temu and Shein. A postal services worker at the General Post Office in Macau told AFP that parcels could still be sent to the United States from the semi-autonomous Chinese city.
AFP
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