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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

Huawei reports huge drop in profits as US sanctions bite
Huawei reports huge drop in profits as US sanctions bite
Business and Economy
by  AFP

Huawei's profits fell almost 69 percent last year, the company said Friday, as US sanctions and international economic uncertainty bit into the Chinese tech giant's earnings. The company generated 35.6 billion yuan ($5.2 billion) in net profit in 2022, it said, down 68.7 percent from a record 113.7 billion last year.

Pirates kidnap some crew from Danish ship in Gulf of Guinea
Pirates kidnap some crew from Danish ship in Gulf of Guinea
Business and Economy
by  AFP

Pirates who seized a Danish oil tanker off Congo last week have abandoned the ship and taken some crew members with them, while the rest were found in good health, the ship's owner said Friday. By the time the ship was located, "the pirates had abandoned the vessel and brought a part of the crew members with them," Monjasa said in a statement.

Quake hit one-fifth of Turkey's food production: UN
Quake hit one-fifth of Turkey's food production: UN
Business and Economy
by  AFP

The devastating earthquake that hit southern Turkey and neighbouring Syria in February damaged more than 20 percent of Turkey's agricultural production, the UN's food agency said Friday. "The earthquake-affected region, known as Turkey's 'fertile crescent', accounts for nearly 15 percent of agricultural GDP and contributes to almost 20 percent of Turkey's agrifood exports."