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European telecom firms urge EU to make big tech pay
The heads of European telecoms firms, including Orange and Vodafone, on Monday urged the EU to make tech and streaming giants pay for the massive amounts of bandwidth they use. But tech behemoths say telecoms companies already get money from customers, while digital rights activists fear making web giants pay would create a two-speed internet.
Stella McCartney turns fashion show into green tech marketplace
British designer Stella McCartney took over a Paris marketplace on Monday and turned it into a showcase for new greener textiles while honouring her rock star parents' time in 1970s band Wings.
Birkenstock aims to raise up to $1.58 bn in IPO
German sandal maker Birkenstock on Monday set a price for its initial public offering of shares at $44 to $49 each, which could see the company raise up to $1.58 billion. Once unflatteringly associated with sock-and-sandal-wearing Germans, Birkenstock has since become a coveted fashion item, as illustrated in the latest Hollywood blockbuster "Barbie".
Oil industry 'central' to climate solutions: COP28 head
The president of the upcoming COP28 climate talks told an Abu Dhabi oil conference on Monday that the fossil fuel industry would play an essential role in addressing the climate crisis.
Equities retreat with US rates back in focus
Asian and European stock markets mostly fell Monday and the dollar rose as relief over a last-minute deal to avoid a US government shutdown gave way to renewed concerns over high interest rates. US stocks ended Friday mostly lower as a government shutdown appeared likely after hardline Republicans had tanked an earlier plan to keep the lights on.
UK finance minister to announce boost for lowest earners
The UK minimum wage will go up next year, finance minister Jeremy Hunt will announce at the Conservative party's annual conference Monday, as the country gears up for a general election. - Populist - Prime Minister Rishi Sunak's party is currently trailing the opposition Labour Party in the polls, with an election looming next year.
Asian markets mixed after US avoids government shutdown
Asian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly government shutdown.
AI Vincent Van Gogh says you're wrong about his ear
AI Vincent Van Gogh is patient but unimpressed by yet another question about his chopped-off ear. Van Gogh shot himself with a rusty pistol in 1890 aged 37.
Netherlands halts extraction from Europe's biggest gas field
The Netherlands halted extraction from Europe's biggest gas field on Sunday, which was resulting in earthquakes that have shaken local residents for decades and threaten to persist. Residents welcomed the news in 2018 that the field would be closed, but have been warned by experts that the earthquakes could continue for years.
AFP
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