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Author's articles
EU's ex-tech chief joins Bank of America as advisor
The EU's influential former tech enforcer Thierry Breton will join Bank of America's advisory council, he told AFP on Thursday, a move denounced by one lawmaker as flouting a lobbying ban. Breton confirmed to AFP that he would be a member of the global advisory council, a role he held before joining the commission, from 2013 to 2019.
Surf star Slater pays tribute as Quiksilver co-founder Green dies
Surf star Kelly Slater paid tribute on Thursday to Alan Green, the man who launched his career, after the co-founder of the iconic Quiksilver brand died aged 77. Green died of cancer at his home in Torquay, Australia, on Thursday, a spokeswoman for the Boardriders group, which owns Quiksilver, told AFP. "Love you, Greeny.
US Treasury nominee says Trump can usher in 'economic golden age'
Donald Trump's nominee for Treasury chief spoke Thursday of ushering in "a new economic golden age," as he faced grilling by lawmakers about the incoming US administration's economic agenda. On Thursday, he told the Senate Finance Committee that Trump has a "generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all Americans."
US could cut interest rates 3 or 4 times this year: Fed official
The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday. Asked about the timing of cuts, Waller said if the data came in as he expected, it was "reasonable" to think rate cuts could come in the first half of the year.
LIV Golf sign United States broadcast deal with Fox Sports
LIV Golf has signed a multi-year broadcast deal in the United States with Fox Sports, the first time the Saudi-backed league will be shown on mainstream sports television in the game's biggest market. While talks between LIV and the established PGA Tour continue, the deal suggests that the breakaway league is unlikely to disappear any time soon.
Slovak entrepreneur funding rescue of German flying taxi startup
A Slovak entrepreneur is providing most of the funds to rescue a German flying taxi startup that came close to collapse last month, the firm's new backers said Thursday. The consortium said a key figure is entrepreneur Marian Bocek, who runs holding company DTM Investment and founded Slovak battery manufacturer InoBat.
European carmakers warn against EU-US trade war
Europe's biggest automakers called on the European Union Thursday to avoid a "trade conflict" with the United States, days before Donald Trump officially returns as president. In a letter to European Commission President Ursula von der Leyen, the European automotive lobby urged the EU to "try to avoid a potential trade conflict".
Nintendo hopes to reprise blockbuster Switch with 2025 successor
Nintendo is betting on the 2025 release of a bigger, better version of its blockbuster Switch console to keep up the success of the third best-selling games machine of all time.
China property giant Vanke's CEO 'taken away' by police: report
The head of one of China's biggest property firms has been "taken away" by police, state-backed media reported Thursday, as a prolonged housing slump continues to hit the world's second-largest economy.
AFP
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