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Natural disasters hit 1 in 5 US adults' finances in 2023: Fed
Natural disasters hit 1 in 5 US adults' finances in 2023: Fed
Business and Economy
by  AFP

Almost 20 percent of adults in the United States were financially impacted by natural disasters last year, the Federal Reserve said Tuesday, marking a nearly 50-percent rise from 2022. This was up sharply from 13 percent in 2022, with some of the biggest changes seen in the West of the country, where the percentage of people noting a financial impact from natural disasters almost doubled.

Platinum loses shine amid BHP's vast Anglo bid
Platinum loses shine amid BHP's vast Anglo bid
Business and Economy
by  AFP

Platinum prices are rising due to tight supplies although the metal has fallen out of favour as miner Anglo American seeks to offload assets and fight a vast takeover bid from Australian rival BHP. The metal is used in the manufacture of catalytic converters for high-polluting petrol engines -- but demand has long been forecast to slump as more drivers switch to greener electric cars.

Apple appeals huge EU fine for music streaming restrictions
Apple appeals huge EU fine for music streaming restrictions
Technology
by  AFP

Apple is challenging a 1.8 billion-euro ($1.9-billion) fine by the European Union for thwarting access to information about cheaper music streaming services, an EU court said Tuesday. The commission said Apple prevented app developers from informing iOS operating system users about cheaper music subscription services available outside the App Store.