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Fakery and fraud: Energy scammers cast 'wide net' on Facebook
A Filipino consumer fumes as she rips open a portable charger to discover she has been conned -- the batteries are choked with sand, making her yet another victim of scammers on Facebook. "What they did was awful," the 24-year-old Filipino, Brenilyn Ayachock, vented in an online video that showed sand pouring out of the power bank as she opened it with a knife.
Harry Potter video game gets bumper sales despite LGBTQ backlash
The "Harry Potter" universe welcomes its latest edition on Friday, the "Hogwarts Legacy" video game, which provides a big test of the resilience of a franchise hit by criticism from some LGBTQ activists over the views of author JK Rowling. He described the forthcoming game as a mix of Harry Potter's universe and the "open worlds" of the "Grand Theft Auto" video game franchise.
US, EU ministers agree on need for 'full transparency' in green subsidies
US officials and the French and German economy ministers have agreed on the need for "full transparency" on green subsidies, following high-stakes talks in Washington over President Joe Biden's ambitious climate action plan. "We agreed on the necessity of full transparency on the level of subsidies and tax credits," he said.
Microsoft says 'new day' for search as AI-powered Bing challenges Google
Microsoft's long-struggling Bing search engine will integrate the powerful capabilities of language-based artificial intelligence, CEO Satya Nadella said on Tuesday, declaring what he called a new era for online search.
Video conferencing star Zoom cuts staff by 15 percent
The company behind the Zoom video conferencing platform -- which became a household name during the pandemic -- announced Tuesday it is laying off about 15 percent of its staff. Zoom has made the "tough but necessary" decision to lay off about 1,300 people, or roughly 15 percent of its staff, according to Yuan.
Inflation starting to slow but long, 'bumpy' road ahead: Powell
US inflation is starting to cool but the road ahead will likely be long and bumpy, Federal Reserve Chair Jerome Powell warned Tuesday, adding that stronger-than-expected economic data could bring more rate hikes.
UK's PM creates four ministries with new energy drive
British Prime Minister Rishi Sunak vowed Tuesday to slash sky-high power bills as he reshuffled his government with a focus on energy, climate net zero targets and scientific innovation. "It's government policy and underinvestment that is holding back real action on the climate and energy crises, not the departments or ministers in place," he said in a statement.
Canada records lower consumer goods imports, energy exports in December
Canada posted a smaller trade deficit in December as both exports and imports fell, but capped off the year with a surplus, the national statistical agency said Tuesday. Canada still managed to post a second consecutive annual surplus -- widening from Can$4.6 billion in 2021 to Can$20.1 billion last year -- following a string of deficits from 2015 to 2020.
BP posts record profit, dilutes green target
British energy giant BP on Tuesday announced record annual profit thanks to soaring oil and gas prices, as it watered down its target for cutting carbon emissions. - Emissions target - BP on Tuesday also said its carbon emissions would not fall as quickly as anticipated.
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