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19879 articles published since 08 Mar 2022

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France flags 'anti-inflation quarter' for food prices
France flags 'anti-inflation quarter' for food prices
Business and Economy

The French government said Monday that it had made a deal with major retailers to cap many food prices, in a bid to make inflationary pressures easier to bear for consumers. Le Maire also said the government would start testing a "food cheque" system for low-income families over the coming months. dga-cda/jh/lth

Accor co-founder, who brought France US-style hotels, dies at 91
Accor co-founder, who brought France US-style hotels, dies at 91
Business and Economy

Gerard Pelisson, who co-founded Accor and turned the hotel group into a world leader, has died at 91 after a long illness, his family told AFP on Monday. Pelisson created the Accor company together with business partner Paul Dubrule and grew it into the world's sixth-biggest hotel group with 5,400 hotels in 100 countries under the Novotel, Ibis, Sofitel, Mercure and Pullman brands.

Asian markets broadly positive but China shares muted
Asian markets broadly positive but China shares muted
Business and Economy

Asian markets enjoyed healthy gains on Monday over murmurs that the US Federal Reserve may loosen its monetary tightening but stocks in Hong Kong and China were muted after Beijing announced its lowest economic growth target in decades. Analysts say more revelations towards the end of the NPC could bolster markets as China looks to silence scepticism around its economic recovery.

Machine magic or art menace? Japan's first AI manga
Machine magic or art menace? Japan's first AI manga
Business and Economy

The author of a sci-fi manga about to hit shelves in Japan admits he has "absolutely zero" drawing talent, so turned to artificial intelligence to create the dystopian saga. Still, AI image generators have "paved the way for people without artistic talent to make inroads" into the manga industry -- provided they have good stories to tell, the author said.

France faces massive strikes over pension reform
France faces massive strikes over pension reform
Business and Economy

French trade unions are heading for what is expected to be a decisive showdown with President Emmanuel Macron over pension reform, with massive strikes from Tuesday aiming to bring the country "to a standstill". All eight major French trade unions have called for the stoppages to bring the country "to a standstill" on Tuesday, with shopkeepers also encouraged to down shutters.

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