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Meng Wanzhou: Huawei's 'princess' claims her crown
Meng Wanzhou: Huawei's 'princess' claims her crown
Business and Economy
by  AFP

The daughter of Huawei's billionaire founder, Meng Wanzhou will take over as rotating chairwoman as the Chinese tech giant enters choppy waters, with profits plummeting under US sanctions. After Huawei's Friday announcement that its 2022 net profits had plunged 69 percent compared to the previous year, Meng struck a defiant tone at a press conference.

Wind project near S.African elephant park riles activists
Wind project near S.African elephant park riles activists
Business and Economy
by  AFP

Plans to build wind farms next to a South African national park have riled wildlife activists who worry the turbines will ruin the landscape and impact elephants. More than 200 turbines are slated to be erected in the vicinity of the Addo Elephant National Park, in the country's south, after the Environment Ministry dismissed a legal bid to block the project last year.

Eurozone inflation falls sharply to 6.9% in March
Eurozone inflation falls sharply to 6.9% in March
Business and Economy
by  AFP

Inflation in the eurozone slowed more sharply than expected in March but food prices jumped even as energy costs eased, official data showed Friday. According to other Eurostat data published Friday, the unemployment rate in the eurozone remained stable in February at 6.6 percent. raz/del/lth