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'Positive signs' for chip world as ASML profits soar
Dutch tech giant ASML, which supplies chipmaking machines to the semiconductor industry, reported Wednesday a rise in annual net profit despite a high-tech trade spat between China and the West. ASML announced earlier this month that it had been blocked from exporting "a small number" of its advanced machines to China, amid reports of US pressure on the Dutch government.
King coal set to lose crown for electricity production: IEA
Renewables are set to displace coal as the top source of energy for electricity production globally in 2025, the International Energy Agency said Wednesday. That may also turn out to be the case in China, where coal produces more than half of electricity, but much depends on hydroelectric production and the pace of the economic recovery.
Thomas Partey: The first photos of Arsenal player's newborn daughter surface, many admire her beauty
Ghanaian footballer Thomas Partey and his model girlfriend Janine Mackson have welcomed a baby girl. The first photos have surfaced on social media.
EU to ramp up efforts to shield sensitive assets from China
The European Union will unveil a raft of measures Wednesday to better coordinate action on protecting sensitive technology and stopping critical infrastructure from falling into the hands of geopolitical rivals like China.
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Thomas Partey and his girlfriend welcome a baby girl, many congratulate him (photos)
Reports indicate that Ghanaian professional footballer Thomas Partey and his partner Janine Mackson have welcomed their daughter into the world. Fans react.
Europe's bike industry hits bumps as cycling craze cools
At a bicycle trade fair in Stuttgart, steep discounts on brand-new models hint at the turmoil roiling the industry now that a pandemic-fuelled cycling craze has faded. - Discounts, bankruptcies - Buoyed by cycling's fast-paced growth during the pandemic and wanting to get ahead of any future supply chain snarls, many industry players increased their orders during the boom.
Did central banks break inflation? Some economists have doubts
Central bankers who orchestrated the wave of interest rate hikes over the past two years, hoping to avoid a painful inflationary spiral, are now facing an uncomfortable question: Were their moves helpful?
Passengers snub 'expensive' London-Paris Eurostar train for plane
Many travellers are opting to take a plane rather than train between London and Paris despite climate concerns and the Eurostar rail service connecting the two capitals in just over two hours. Despite evidence of passengers choosing to fly for cost reasons, Eurostar said some seven million people still used its service between London and Paris last year.
Asian markets mostly up, Hong Kong boosted by Alibaba rally
Most Asian markets rose Wednesday, with Hong Kong leading the pack for a second day following reports Alibaba's co-founders had bought huge stakes in the firm, a day after it emerged China was planning a blockbuster boost for the country's stuttering equities. Other Hong Kong-listed tech firms rallied, including Tencent, JD.com and Netease.
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