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Vietnam pushes electric motorbikes as pollution becomes 'unbearable'
In Vietnam's heavily polluted capital Hanoi, teenage taxi driver Phung Khac Trung rides his electric motorbike through streets jammed with two-wheelers belching toxic fumes. Trung has long hated riding in Hanoi, rated among the world's top 10 polluted capital cities in 2023 by air quality technology firm IQAir.
Seoul stocks sink amid S. Korea drama as Asian markets struggle
South Korean stocks sank more than two percent Wednesday while the won rebounded from earlier losses after President Yoon Suk Yeol dramatically declared martial law overnight before reversing the decision hours later.
Partner of ex-Abercrombie & Fitch CEO pleads not guilty to sex trafficking
The partner of the ex-CEO of the Abercrombie and Fitch clothing line pleaded not guilty Tuesday in US federal court to charges of sex trafficking and interstate prostitution and was released on $10 million bond. Jacobson also pleaded not guilty to the same charges as the other defendants and was released on half a million dollars bond in October. bur-nr/dw/md
Amazon launches AI models to challenge rivals
Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector. Even if Google, Microsoft and OpenAI have taken the lead on AI, AWS remains the market leader in cloud computing, which is needed to power artificial intelligence tools and products.
Bolivian ex-president, who fled to US, sentenced to six years prison
A Bolivian court has sentenced ex-president Gonzalo Sanchez de Lozada in absentia to six years and three months in prison for handing out dozens of oil contracts without parliamentary approval, the justice ministry said Tuesday.
Retailers point to solid US sales over holiday weekend
US consumers turned out in force in stores and online over the Thanksgiving weekend, a key stretch in the holiday shopping season, a leading retailer group said Tuesday. A total of 126 million people shopped in-store in 2024 compared with the 124.3 million who shopped online; the reverse was true in 2023.
Cash crunch pushes Libyans to bank cards despite hurdles
In Libya, a shortage of cash in the banking system has pushed many to turn to cards for payments after more than a decade of war and instability has hammered the country's financial system.
Defying headwinds, Germany stocks hit milestone
Germany's blue-chip DAX stock index jumped above 20,000 points for the first time Tuesday following gains on US and Asian markets, defying multiple headwinds battering Europe's biggest economy. The index, which groups the 40 largest publicly-traded companies on the Frankfurt Stock Exchange, reached 20,022 points at around 0900 GMT before slightly paring its gains.
China curbs exports of key chipmaking components to US
Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips. In its own latest curbs, Washington on Monday announced restrictions on sales to 140 companies, including Chinese chip firms Piotech and SiCarrier, without additional permission.
AFP
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