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Aston Martin to make petrol cars 'for as long as allowed'
British luxury carmaker Aston Martin Lagonda will continue to produce traditional combustion-engine vehicles for as long as legally possible, its boss told UK media this week. "For as long as we're allowed to make ICE (internal combustion engine) cars, we'll make them.
'Robust' US has helped improve global economic outlook, IMF chief says
Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.
Corporate climate pledge weakened by carbon offsets move
The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains.
Meta turns to AI to protect minors from 'sextortion' on Instagram
Meta said on Thursday it was developing new tools to protect teenage users from "sextortion" scams on its Instagram platform, which has been accused by US politicians of damaging the mental health of youngsters. The legal filing alleged Meta had exploited young users by creating a business model designed to maximise time they spend on the platform despite harm to their health.
Coppola's 'Megalopolis' among entries for Cannes Film Festival
Legendary director Francis Ford Coppola will return to the Cannes Film Festival with his long-awaited epic "Megalopolis", organisers said on Thursday, announcing a line-up that includes some huge names of world cinema. But all eyes are likely to be on Coppola's "Megalopolis", marking the return of "The Godfather" director to the Cannes Croisette at the age of 85.
Reigning Hollywood studio Universal brings 'Wicked' to movie summit
Universal Pictures was crowned Hollywood's top studio last year, dethroning Disney at the box office for the first time in nearly a decade with a string of mega-hits like "The Super Mario Bros. "There's not much more you could ask for than being number one at the box office, and winning the Academy Award for best picture," said chairman Donna Langley during Universal's presentation on Wednesday.
Bumpy ride for electric cars in Europe
Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone.
Bitcoin miners face survival test in 'halving'
Miners of bitcoin will soon face a halving of the reward for operating the most popular cryptocurrency, in a pivotal event that is a test of survival, industry commentators say.
Asia tracks Wall St losses as US data deals blow to rate cut hopes
Asian markets reversed Thursday after forecast-topping US inflation dealt a hefty blow to hopes for a June interest rate cut and forced traders to re-evaluate the outlook for monetary policy, with a warning that the next move could even be a hike.
AFP
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