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Saudi Aramco profits drop 12 percent on lower prices, volumes
Saudi Aramco profits drop 12 percent on lower prices, volumes
by  AFP

Oil giant Saudi Aramco posted a drop in annual profits on Tuesday as lower prices and volumes hit the lynchpin of the kingdom's ambitious economic reform plans. The world's biggest crude exporter said profits were down more than 12 percent to $106.25 billion in 2024, the second annual drop following a surge in oil prices in 2022.

TSMC announces $100 billion investment in new US chip plants
TSMC announces $100 billion investment in new US chip plants
by  AFP

Taiwanese chip-making giant TSMC will invest at least $100 billion in the United States to build "cutting edge" manufacturing facilities, President Donald Trump said on Monday, announcing the latest blockbuster financial pledge by a private company since his return to office.

Work, housing, marriage: issues at China's annual political meetings
Work, housing, marriage: issues at China's annual political meetings
by  AFP

Workers' rights, a housing crisis and marital disputes are among the issues that China's leaders will discuss at annual political meetings that open Tuesday in Beijing. NPC representative Feng Tao, of eastern Shandong province, told the Workers' Daily newspaper that he wanted longer annual leave for those with more than 30 years of experience.

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