AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday. The Honda plant, to be built an hour outside Toronto, in Alliston, will also produce electric-vehicle batteries, joining existing Volkswagen and Stellantis battery plants.
North Korean animators appear to have worked on upcoming Amazon and Max cartoons, without the knowledge of either US-based Hollywood studio and in violation of sanctions against Pyongyang, a new report has found.
Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports. Then on Saturday, Chile's finance ministry imposed a temporary tariff ranging from 25 percent to 34 percent on Chinese steel imports.
The EU on Monday launched a probe into TikTok's spinoff Lite app and threatened to suspend an "addictive" feature on it that rewards users for watching and liking videos, amid child-safety concerns.
Sweden's Embracer, owner of the "Tomb Raider" franchise, announced Monday it would split into three separate companies in a major reset for one of Europe's biggest video game groups. The group will replace Embracer as the main entity on the Stockholm stock exchange and manage the intellectual property rights Embracer has for "The Lord of the Rings" and the "Tomb Raider" games.
The Danish Energy Agency on Monday launched its biggest tender for the construction of offshore wind farms, aimed at producing six gigawatts by 2030 -- more than double Denmark's current capacity. This is a massive investment in the green transition," Kristoffer Bottzauw, head of the Danish Energy Agency, said in a statement.
Malaysia's leader on Monday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation's role in the global chip industry.
Asian markets rose Monday, clawing back some of last week's losses, as Middle East worries subsided while traders look ahead to the release of key US inflation data and corporate earnings. The disappointing CPI data has dented hopes for a cut in June, while traders have scaled back their outlook for how many the Fed will make this year.
Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000. InstaDeep specialises in decision-making artificial intelligence (AI) that helps businesses develop applications to optimise cost and efficiency.
AFP
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