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Hollywood on edge for latest actor strike deadline
Hollywood actors on Wednesday anxiously awaited their union's decision on whether to strike, right at the peak of the film industry's key summer blockbuster season. And, if strikes continue, future blockbuster films would be postponed too.
Gripes in Grimsby over Brexit fishing failure
Grimsby, perched on the southern side of the River Humber, near Kingston-upon-Hull in northern England, was built on the fishing industry. Johnson had also said that leaving the EU would bring a "massive boost" to the local fishing industry.
Asian markets fluctuate as US inflation data looms
Asian markets saw choppy trade Wednesday as investors jockeyed for position ahead of a key US inflation report later in the day, though Hong Kong extended gains on hopes for fresh Chinese stimulus.
Why American communities are suing Big Oil for climate damages
Attorney Jeffrey B. Simon helped families affected by the opioid crisis obtain settlements worth more than $2.7 billion against leading pharmaceutical companies. - Parallels with opioid settlements - Beyond the jurisdictional debate, the fossil fuel industry and its advocates contend that their products are lawful and have helped grow the economy and raise standards of living.
France to pay bonus for shoe, clothes repairs to cut waste
From October, France will pay a bonus to encourage people to have their clothes and shoes repaired rather than throwing them away, the government said. In France, 3.3 billion pieces of clothing, shoes and household linen were put on the market in 2022, according to Refashion, which has been instructed by the government to support a more sustainable industry.
Unlikely savior: Musk's antics give Zuckerberg PR makeover
After years of bad press and scandal, Mark Zuckerberg is seeing his reputation spruced up in the fickle world of tech, largely thanks to the increasingly unpredictable behavior of Elon Musk. "But it does seem a little bit one-sided" with Musk clearly engaging in "childish behavior," he added.
After spring crisis, US banks face subdued profit outlook
The upcoming deluge of US bank earnings is expected to show more pressure on deposits, an uptick in reserves for bad loans and much talk about potential new regulations. "You're going to see some challenges on the earnings picture," said Chris Wolfe, a managing director at Fitch Ratings, who expects banks to set aside greater reserves as households savings erode.
Canada watchdog probes Nike over Uyghur forced labor claims
Sporting giant Nike and mining company Dynasty Gold are being investigated in Canada over allegations they used forced labor from China's Uyghur minority, a Canadian watchdog announced Tuesday. The second investigation targeting Dynasty Gold alleges that the company "benefited from the use of Uyghur forced labor at a mine in China in which Dynasty Gold holds a majority interest.
Iraq to pay for Iranian gas imports with oil: PM
Iraq will start paying for its Iranian gas imports with oil, to circumvent the complicated mechanism agreed with Washington in order not to contravene US sanctions, the prime minister said Tuesday. Iranian gas is crucial for Iraq's electricity generation, but US sanctions on Iranian oil and gas impose restrictions on how Baghdad can pay for the imports.
AFP
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