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19848 articles published since 08 Mar 2022

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Fitch downgrades French debt to AA-, outlook stable
Fitch downgrades French debt to AA-, outlook stable
Business and Economy

Credit ratings agency Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on Friday, claiming the country's "fiscal metrics are weaker than peers "Public finances, and in particular the high level of government debt, are a rating weakness," Fitch said in a commentary on its rating action which said the country's outlook was stable.

HMV returning to site of flagship London music store
HMV returning to site of flagship London music store
Business and Economy

British music retailer HMV said Friday it will return to the site of its once-flagship store on London's Oxford Street after a turnaround in fortunes for the emblematic company. HMV will be "back by popular demand on Oxford Street", it said in a statement Friday and after the group returned to profit last year.

'Smart mines' show coal deeply embedded in China's future
'Smart mines' show coal deeply embedded in China's future
Business and Economy

One hundred metres underground inside a pit in northern China, miners extract lumps of coal with the flick of a finger on a smartphone, as the country tries to drag the traditionally dangerous and dirty work into the digital era. The management says the underground team has been cut 40 percent -- though not the overall workforce -- and only essential maintenance miners descend into the pit.

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