Business and Economy

Business and Economy Latest News

France to plough cash into low-emission planes: Macron
France to plough cash into low-emission planes: Macron
by  AFP

France will pump hundreds of millions of euros into developing low-emission aircraft, engines and aviation fuel in the coming years, President Emmanuel Macron said Friday. Paris would dedicate 300 million euros ($330 million) to aircraft and motor research, Macron said during a visit to jet engine maker Safran just outside the capital.

US chip giant Micron to invest $600 mn in China plant
US chip giant Micron to invest $600 mn in China plant
by  AFP

US chipmaker Micron said Friday it would invest more than $600 million in a packing and testing factory in northern China, less than a month after Beijing banned its chips from critical infrastructure projects. China's cybersecurity watchdog last month said Micron had failed a national security review, telling operators of "critical information infrastructure" to stop buying its products.

Benin feels the pinch as neighbouring Nigeria ends fuel subsidies
Benin feels the pinch as neighbouring Nigeria ends fuel subsidies
by  AFP

Sitting on top of a yellow jerry can of fuel, Jeannine waits for customers on a sidewalk in Benin's economic capital Cotonou, but business is slow. "You know, this fuel helps feed thousands of people in Benin," said Jeannine, a 48-year-old widow with five children, who says she does not have savings "to start a new business".

Energy

Money

Industry

Technology

Economy