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Argentina annual inflation exceeds 108 percent in April
Inflation in Argentina reached 108.8 percent in the 12 months to April, a more than three decade high, the Indec national statistics institute said Friday. Month-on-month, inflation in April was 8.4 percent in Latin America's third largest economy.
Musk picks ad exec Linda Yaccarino as Twitter CEO
Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he bought for $44 billion last year.
Biden nominates Philip Jefferson to number 2 spot at the Fed
US President Joe Biden nominated Philip Jefferson to the number two job at the Federal Reserve Friday, a position left vacant since Lael Brainard left for the White House in February.
Montenegro paves way for bail of crypto fugitive Do Kwon
A Montenegro court on Friday paved the way for the release on bail of fugitive cryptocurrency entrepreneur Do Kwon, as he awaits trial for document forgery. The court "accepted bail of 400,000 euros" ($435,000) each for Kwon and a companion he was arrested with in March.
Battery makers turn northern French region into 'electric valley'
Global battery makers are turning a formerly depressed northern French region into a 21st-century manufacturing hub and a key European source of new energy technology. - Car-making cluster - The Hauts de France region was once one of the industrial heartlands of France, a key source of textiles, coal, steel and then vehicles as car manufacturing took off in the middle of the last century.
Top exec leaves NBCUniversal amid Twitter CEO reports
A top advertising executive stepped down from NBCUniversal on Friday and is understood to be first in line to become the next CEO of Twitter, replacing owner Elon Musk. "Excited to announce that I've hired a new CEO for X/Twitter," Musk said in his tweet on Thursday, adding that the unnamed executive would start in about six weeks.
Architects don't need AI, says high-tech pioneer Norman Foster
British architect Norman Foster has spent six decades pushing the boundaries of technology with awe-inspiring modernist structures from California to Hong Kong, but he is yet to be convinced by the craze for artificial intelligence. That physicality, you can't replicate by artificial intelligence."
Positive trial results for RSV infant treatment: Sanofi
French pharmaceutical giant Sanofi announced trial results on Friday that showed its preventative treatment for respiratory syncytial virus (RSV) reduced the rate of babies being hospitalised by more than 80 percent.
Europe charges up car battery drive with new plants
Europe's efforts to build up its battery-making capacity got a major boost Friday as Sweden's Northvolt and Taiwan's ProLogium announced projects to build factories in Germany and France. So the announcement by battery-maker Northvolt on Friday that it would go ahead with building a multi-billion-euro plant in northern Germany, after months of uncertainty, came as a major boost.
AFP
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