AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
US consumer inflation slowed less than anticipated last month, according to government data released Tuesday, as President Joe Biden battles to assuage households' worries over costs of living while he seeks reelection. The food index also increased over the month, even as energy costs slumped due to lower gas costs.
Apple's iMessage and Microsoft's Bing search engine got a reprieve from tougher EU rules curbing how tech titans do business, the European Commission said on Tuesday. The European Commission at the same time launched probes to consider whether Apple's messaging service iMessage, Microsoft's Bing, and Microsoft's browser Edge and advertising service should also be included.
Soaring food costs, economic stagnation and deteriorating living standards risk pushing voters into the far right's arms in European elections later this year, which could shake up the political agenda in Brussels.
Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand. By 0330 GMT Tuesday, bitcoin had dropped slightly, to $49,950.
Asian markets rose Tuesday after another record high on Wall Street, with all attention on the release of key US inflation data due later in the day. Expectations inflation will come down to the Fed's two-percent target this year, allowing the bank to ease monetary policy, have been a key driver of a market rally that has pushed the Dow and S&P 500 to multiple records this year.
Tiger Woods unveiled his new Sun Day Red golf brand and apparel line with TaylorMade on Monday, after announcing the end of a 27-year partnership with Nike last month. His new brand, a separate business under the TaylorMade umbrella, plays off Woods' habit of wearing red shirts in Sunday final rounds after his mother, Kultida, said it was a powerful color in her homeland of Thailand.
The world's trade ministers could put the final touches to a historic fisheries deal when they meet in Abu Dhabi later this month, but other landmark agreements will likely prove more elusive. - In Trump's shadow - The meeting in Abu Dhabi is meanwhile seen by many as "the last chance" to reform the organisation before the possible re-election in November of former US president Donald Trump.
A private Houston-based company is set this week to lead a mission to the Moon which, if successful, will mark America's first lunar landing since the end of the Apollo era five decades ago.
US President Joe Biden's debut on TikTok has caused a stir -- not least because the Chinese-owned social media platform is still officially considered a security risk by Washington.
AFP
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