Latest

Stock markets retreat ahead of Nvidia earnings
Stock markets retreat ahead of Nvidia earnings
Business and Economy
by  AFP

US and European stock markets retreated on Wednesday as investors eagerly awaited results from artificial-intelligence giant Nvidia. Many investors see the company as a bellwether for the tech sector and artificial-intelligence demand that have helped power Wall Street to multiple record-highs this year.

Ford to cut 4,000 jobs in Europe
Ford to cut 4,000 jobs in Europe
Business and Economy
by  AFP

US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in Germany and Britain, in the latest blow to the continent's beleaguered car industry. Ford had already announced in February 2023 that it was planning to cut 3,800 jobs in Europe, including 2,300 in Germany and 1,300 in Britain.

As Trump returns, China seizes chance for climate mantle
As Trump returns, China seizes chance for climate mantle
Business and Economy
by  AFP

With Donald Trump expected to take the United States again out of climate diplomacy, China, the world's largest emitter but green energy powerhouse, is seizing on the chance to project itself as the global leader. The Asian power has now surpassed Europe as the second-largest historical emitter after the United States.

French farmers lift border blockade after talks with PM
French farmers lift border blockade after talks with PM
Business and Economy
by  AFP

French farmers protesting pay and conditions and a prospective EU-Latin America trade deal on Wednesday lifted a blockade on the Spanish border after an expression of support from Prime Minister Michel Barnier. Resistance has been reinflamed by the prospect of an EU deal with the Mercosur bloc -- Argentina, Brazil, Paraguay and Uruguay -- that would create the world's largest free-trade zone.