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China calls West's economic de-risking a 'false proposition'
Chinese Premier Li Qiang slammed efforts in the West to "de-risk" their economies as a "false proposition" on Tuesday, hitting back against US and EU policy aimed at reducing their reliance on China. "In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates at the opening of a World Economic Forum meeting in northern China.
Most Asian markets rise but wary eyes on Fed, Russia
Asian markets mostly rose Tuesday after more than a week of losses but traders remained anxious about central banks' plans to continue hiking interest rates to fight stubborn inflation. - Russia worries - Oil rose again though traders remain caught between supply concerns caused by the Russia crisis and demand uncertainty as investors fret over surging interest rates.
Ex-Audi boss faces verdict in German 'dieselgate' case
Ex-Audi CEO Rupert Stadler is Tuesday expected to be convicted and sentenced over the "dieselgate" scandal, the highest-ranking former executive to be punished over the emissions cheating controversy that rocked the car industry. The "dieselgate" saga shocked Germany and is seen as the country's biggest post-war industrial scandal.
Indigenous defenders of oil in the Amazon
A group of Indigenous Waorani women give a war cry warning that environmentalists are not welcome in their part of the Ecuadoran Amazon, where an oil field operates partly on a protected reserve.
Energy sector CO2 emissions hit record in 2022: study
Global energy sector carbon dioxide emissions hit a record peak last year counter to Paris commitments, a key study warned Monday, and highlighted the "worst ever" impacts of climate change.
New carbon accounting rules target 'greenwashing'
Common standards unveiled Monday for companies to report their greenhouse gas emissions could curb misleading climate claims in the corporate world, the chair of the body that wrote the norms told AFP. Currently, most large companies report how many tonnes of carbon they emit into the atmosphere each year, but the data is often not reliable.
German court approves claims over illegal diesel exhaust software
A top German court on Monday opened the way to further compensation claims against carmakers that installed illegal diesel exhaust treatment software, following a landmark European ruling. The decision followed a ruling by the European Court of Justice (ECJ) in March that consumers had a right to compensation if their vehicles had the software installed.
Kenya's Ruto signs contentious tax bill into law
Kenyan President William Ruto on Monday signed into law a bill that raises taxes on a wide range of items, the presidency said, defying criticism that it will pile more economic hardship on citizens. "President Ruto has assented to the finance bill.
Australia plans huge fines if big tech fails to tackle disinformation
Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring "mandatory" standards to the little-regulated sector.
AFP
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