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China's Xi urges 'strategic' ties in talks with Germany's Scholz
Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a "strategic" and "long-term" perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de Janeiro, state media said. "The two countries need to view and develop bilateral relations from a long-term and strategic perspective," Xi said.
Walmart lifts full-year forecast after strong Q3
Walmart reported a jump in third-quarter profits Tuesday behind solid US sales and gains in its e-commerce business as the retail behemoth lifted its full-year financial forecast. The company increased its full-year profit forecast to a range of $2.42 to $2.47 per share, lifting its midpoint of the prior range by five and a half cents.
Farmers descend on London to overturn inheritance tax change
British farmers massed in London on Tuesday for protests against controversial government plans to change inheritance tax rules for land ownership, which they claim threatens to break up the sector and hit food production.
French farmers step up protests against EU-Mercosur deal
French farmers planned on Tuesday to step up their protests against a proposed trade pact between the European Union and four South American countries, saying it threatens their livelihoods.
Negotiators seek to break COP29 impasse after G20 'marching orders'
Negotiators sought Tuesday to break a deadlock at UN climate talks after G20 leaders backed the need for "trillions" of dollars for poorer countries but left key sticking points unresolved.
Crisis-hit Thyssenkrupp books another hefty annual loss
German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division. Several key units -- including steel, automotive, and materials -- saw falling orders and sales in 2023/24, with Thyssenkrupp pointing to "significantly weaker demand" from major industries.
Urban mosquito sparks malaria surge in East Africa
The spread of a mosquito in East Africa that thrives in urban areas and is immune to insecticide is fuelling a surge in malaria that could reverse decades of progress against the disease, experts say.
Asian markets rally after US bounce as Nvidia comes into focus
Asian markets rose Tuesday after a broadly positive day on Wall Street, with focus turning to the upcoming release of tech giant Nvidia's earnings, while traders also kept tabs on Donald Trump's picks for his new administration.
S.Africa offers a lesson on how not to shut down a coal plant
The cold corridors of South Africa's once-mighty Komati coal-fired power plant have been quiet since its shutdown in 2022 in what was trumpeted as a pioneering project in the world's transition to green energy. - Mistakes and lessons - The missteps at Komati are lessons for other coal-fired power plants marked for shutdown, Pillay said.
AFP
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