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Sunak in Belfast talks with amended post-Brexit deal 'imminent'
British Prime Minister Rishi Sunak held talks near Belfast on Friday with local political parties as reports said an amended deal over the Northern Ireland Protocol could be reached imminently.
UK bank NatWest posts bumper profits but shares tank
British bank NatWest on Friday posted a jump in annual profits as it trimmed costs and the sector benefitted from rising interest rates. There is also a fear that the sector could face a surge in bad loans with Britain facing a cost-of-living crisis as UK annual inflation remains above 10 percent despite recent easing.
Ukraine fallout pushes French nuclear giant EDF into historic loss
EDF reported one of the biggest losses in French corporate history Friday, as fallout from the Ukraine war and idling nuclear reactors spelt financial disaster for the state-controlled energy giant. In the past two decades, only former entertainment behemoth Vivendi Universal and communications giant France Telecom have reported bigger annual losses in France.
Hundreds of flights axed as German airport staff strike
Tens of thousands of travellers faced flight delays and cancellations Friday as workers at eight airports in Germany went on strike to demand better pay. Verdi is currently leading negotiations for public sector workers, airport ground crew and aviation security staff, demanding better pay at a time when workers are seeing their incomes eroded by the higher cost of living.
Tourism revival boosts Thai economy but exports sluggish
Thailand's economy expanded by 2.6 percent last year on the back of a tourism recovery and strong consumer confidence but an export slowdown dragged on growth, officials said Friday. "People expected 3.5 percent growth on the back of a strong tourism recovery," he told AFP. But the tourism revival might be concentrated in Bangkok, Phuket, Pattaya and Chiang Mai, he added.
Electric boat goes airborne for cleaner ocean voyage
Appearing at a glance to be just a simple pleasure boat floating on the San Francisco Bay, as the hydrofoil-equipped vessel picks up speed it suddenly begins rising above the water, grabbing the attention of passengers on a nearby ferry.
Asian markets drop as traders eye higher-for-longer rates
Asian markets fell Friday on the prospect of more interest rate hikes after two Federal Reserve officials hinted at ramping up its monetary tightening campaign in the face of stubbornly high inflation.
Amazon pollution: the stain on Ecuador's oil boom
Lago Agrio is where it began in February 1967: Ecuador's first oil well drilled by the US Texaco-Gulf consortium to ring in an era of black gold for the Ecuadoran Amazon. That first well at Lago Agrio in Ecuador's northeast closed in 2006 after generating nearly 10 million barrels.
Drought and frost batter vital potato crops in Bolivia
Dozens of furrows lie barren in a dusty field on the Bolivian highlands. "In the Bolivian highlands, we are fully experiencing the effects of climate change," said Cipca technician Orlando Ticona.
AFP
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