AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market.
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. "I was quite concerned that (Fuld) was in denial about the risks that the economy was facing, the financial system in general and Lehman Brothers in particular."
Indian Prime Minister Narendra Modi wrapped up Sunday a G20 summit that played down deep divisions over the war in Ukraine and climate change, but gave him a moment in the diplomatic spotlight. Kyiv said the G20 had "nothing to be proud of" but Russian Foreign Minister Sergei Lavrov, who stood in for Putin at the meeting, on Sunday claimed a diplomatic win.
US President Joe Biden arrives in Vietnam on Sunday to deepen cooperation between the two nations, in the face of China's ambitions in the region. "With this visit of President Joe Biden, I think he will bring more business contracts and jobs to Vietnamese people."
The smell of sawdust and popcorn fills the air.
With the provision of a swathe of new oil and gas exploration licences and a crisis in offshore wind energy, clouds are gathering over the UK's net zero promises. The Conservative government of Rishi Sunak in July promised "hundreds" of new licences for oil and gas exploration and production in the North Sea, arousing the anger of environmentalists.
Italian Prime Minister Giorgia Meloni is tightening the budgetary screws to show that Rome can balance its books, even if it means delaying electoral promises. Rome had been hoping that a suspension of EU budget rules after the pandemic would be extended into next year, but Economy Commissioner Paolo Gentiloni has ruled this out.
Unsung workers who make movie superheroes fly and lightsabers crackle are turning to labor unions as relentless demand for content turns dream jobs into grueling routines. Both unions are asking for better pay, and guarantees that AI will not steal their jobs and income, among other demands.
Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search.
AFP
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