AFP
19848 articles published since 08 Mar 2022
19848 articles published since 08 Mar 2022
Walmart raised its full-year profit forecast on Thursday following strong sales growth in the United States fueled by gains in grocery and other household staples.
The tumultuous campaign by Imran Khan, Pakistan's most popular politician, to reclaim power has been driven by an economic crisis that ordinary people say has left them unable to feed their families. "The system is leaving tens of millions of people behind," said economic analyst Khurram Husain.
A South African town has been left fuming after a legal battle with a state-owned power utility forced its solar plant to dump desperately needed electricity in a country suffering a record energy crisis. - Solar farm - Africa's most industrialised country has been battered by record blackouts over the past year due to shortfalls in generation at Eskom's coal-powered plants.
England's privatised water companies pledged Thursday to make massive investments to stop raw sewage being pumped into waterways as concerns mount about water quality and laxer environmental protections post-Brexit.
G7 leaders arrived in Hiroshima, Japan, on Thursday to weigh tighter sanctions on Russia and protections against China's "economic coercion", surrounded by reminders about the harrowing cost of war. He arrived in Hiroshima Thursday, becoming just the second US president after Barack Obama to visit a city levelled by his country's "Little Boy" atomic bomb.
British telecoms group BT said Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech jobs cull in response to rampant inflation. The grim news follows the axing this year of tens of thousands of jobs across the global tech sector, including by Facebook parent Meta, as soaring inflation also saps the world economy.
Prime Minister Rishi Sunak Thursday announced Japanese investment of more than $22 billion into the UK, but accepted carmakers' concern about Brexit trade rules as he confirmed talks with the European Union. European carmaker Stellantis has warned it could close some UK factories should Sunak's government fail to tweak Brexit trade rules, to ease the supply of batteries for electric vehicles.
Sierra Leone's president expressed hope in an AFP interview that a new African mediation mission would help end Russia's war in Ukraine which has hit the "poorest of the poor" around the world. For the sake of humanity, for what is happening, let's end the war," he said in an interview in the capital Freetown on Wednesday.
Authorities in Ravenna issued an immediate evacuation order Thursday for three villages threatened by floods after heavy rains left nine people dead across northeastern Italy. More than 10,000 people have been evacuated from their homes and hundreds of landslides were reported, regional officials said.
AFP
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