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China says it will remove tariffs on Australian barley
China said Friday it will remove extra tariffs on Australian barley, in the latest thawing of ties between the two after years of tensions. But their icy relations appear to have thawed since Australia's centre-left government adopted a less confrontational approach to China following its election a year ago.
Asian markets mixed as traders nervously await US jobs report
Asian markets were mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans. Wall Street sank in response to the higher Treasury yields, extending a sell-off that has marked the week in New York.
Apple profits edge higher despite lower iPhone sales
Apple reported modestly higher quarterly profits Thursday despite another dip in revenues, as a record performance in services offset lower iPhone sales.
New York couple plead guilty to bitcoin laundering
A married couple from New York dubbed "Bitcoin Bonnie and Crypto Clyde" pleaded guilty on Thursday to laundering billions of dollars in stolen bitcoin, prosecutors announced. The couple were dubbed "Bitcoin Bonnie and Crypto Clyde" by financial newsletter Morning Brew. pdh/acb
Amazon profit beats expectations on booming sales
Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime discount event. Net sales revenue at Amazon increased 11 percent to $134.4 billion, compared with $121.2 billion in the same quarter a year earlier, the earnings report showed.
AI anxiety: workers fret over uncertain future
The tidal wave of artificial intelligence (AI) barrelling toward many professions has generated deep anxiety among workers fearful that their jobs will be swept away -- and the mental health impact is rising. Goldman Sachs analysts see generative AI impacting, if not eliminating, some 300 million jobs, according to a study published in March.
Paris airport pandemonium as bag handler breaks
With just one year to go before Paris hosts the Olympic Games one of the city's airports suffered an unprecedented breakdown Thursday that led to a mountain of luggage piling up and delayed flights.
Burnt-out car transport ship limps into Dutch port
A burnt-out freighter carrying thousands of cars was towed into a Dutch port on Thursday, as an environmental disaster was averted more than a week after the ship caught fire off the coast. One sailor died jumping from the ship and 22 others were rescued after the vessel caught fire on July 25 while carrying 3,700 vehicles, including nearly 500 electric cars and many luxury autos.
Canada's TMC to seek license next year to mine Pacific deep sea
Canada's The Mining Company will seek a license next year to start mining the depths of the Pacific Ocean, with production expected to follow in 2025, according to a statement. "Assuming a one-year review process, NORI expects to be in production in the fourth quarter of 2025," it added.
AFP
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