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19879 articles published since 08 Mar 2022

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US dockworkers launch mass strike month before election
US dockworkers launch mass strike month before election
Business and Economy

Tens of thousands of workers at major ports on the US East and Gulf Coasts went on strike Tuesday in action that could drag on the world's largest economy just ahead of the November presidential election. ILA members began picketing at 14 major ports on the East and Gulf coasts soon after the announcement.

UAE oil giant ADNOC swoops on German chemicals firm Covestro
UAE oil giant ADNOC swoops on German chemicals firm Covestro
Business and Economy

German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis. - Chemicals crisis - ADNOC's bid for Covestro comes while the challenges facing the Germany's energy-intensive chemicals industry show no signs of abating.

Eurozone inflation falls under 2% for first time since 2021
Eurozone inflation falls under 2% for first time since 2021
Business and Economy

The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.

Droughts drive Spanish boom in pistachio farming
Droughts drive Spanish boom in pistachio farming
Business and Economy

Two decades ago, Miguel Angel Garcia harvested grapes and grains on his farm in central Spain, like his father and grandfather before him. Garcia harvests 10 to 20 tonnes of the green nut each year at his 26-hectare (64-acres) farm in Manzanares in the central region of Castilla-La Mancha, part of a boom in pistachio production in Spain.

Kenya airport whistleblower fears for his life
Kenya airport whistleblower fears for his life
Business and Economy

Nelson Amenya caused an uproar by exposing secret talks for an Indian firm to take over Kenya's main airport. The Adani Group did not respond to a request for comment from AFP. Amenya believes the airport deal would not have been made public until it was already signed, had he not exposed it first.

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