AFP
19848 articles published since 08 Mar 2022
- All (19848)
- Business and Economy (13359)
- World (4590)
- Africa (976)
- Technology (914)
- Asia (5)
- Energy (1)
- Industry (1)
- Economy (1)
- Football (1)
Author's articles
US Fed's favored inflation measure cools slightly in May
The US Federal Reserve's favored measure of inflation eased slightly in May, according to government data published Friday, as goods prices cooled. Stripping out volatile food and energy prices, the closely watched "core" measure of inflation eased to an annual rate of 2.6 percent in May, in line with expectations -- a sign that underlying prices cooled further.
UK economic recovery improves as election looms
The UK economy's recovery from recession was stronger than previously thought in the first quarter, official data showed Friday, partly lifting embattled Prime Minister Rishi Sunak before next week's election.
Embezzlement-accused French media scion reinstated as CEO
French media baron Arnaud Lagardere, who resigned from running the sprawling group of the same name in April over embezzlement charges, was reinstated as chief executive Friday after a favourable court decision, the company said. It was "a very great joy for me to resume as chief executive of the group that bears my name," Lagardere himself said in the statement.
Lanvin picks seasoned veteran Peter Copping as artistic director
Historic French fashion label Lanvin has named Britain's Peter Copping, who has worked with Nina Ricci, Oscar de la Renta, Balenciaga and Louis Vuitton, as its new artistic director. Copping, born in 1967, worked with Nina Ricci (2009-2014) and Oscar de la Renta in New York (2014-2016).
France makes multibillion-euro gamble on Olympic gold
France is facing a bill of almost nine billion euros for hosting the Paris Olympics but top officials say the financial fallout could be more "psychological" than economic. For Bank of France governor Francois Villeroy de Galhau, the Paris Olympics will have more of a "psychological" impact than economic.
Xi says China planning 'major' reforms ahead of key political meeting
Chinese President Xi Jinping said Friday that the ruling Communist Party was planning and implementing "major" reforms, ahead of a closely watched political conclave that is expected to put economic recovery high on the agenda. In a speech on Friday, Xi said policymakers "are planning and implementing major measures to further deepen reform in a comprehensive manner".
Yen weakens further to put focus on Tokyo, Asian equities rise
The yen extended losses to a fresh 38-year low Friday, putting investors on guard for a possible intervention by Japanese authorities ahead of the release of key US inflation data later in the day.
Palestinian brewery persists as Israeli curbs bite in wartime
Even before the Gaza war broke out, the Taybeh brewery's pale ales and lagers had to carve a rocky path to make their way out of the occupied West Bank. But this year there won't be any festivities because of the Gaza war that has killed tens of thousands of Palestinians.
Trump says inflation is 'killing our country' under Biden
Donald Trump accused Joe Biden on Thursday of doing a "poor job" on the US economy and of presiding over a disastrous rise in inflation -- reflecting how rising prices and the cost of living have become key issues ahead of November's presidential election.
AFP
Load more