Showing 1 - 10 of 1,828
Global debt dominates G20 finance talks
AFP, Published on 17/07/2023
» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Foxconn exits $19.4bn chip deal in India
AFP, Published on 11/07/2023
» TAIPEI" Taiwanese electronics giant Foxconn withdrew from a $19.4 billion deal with India's Vedanta to make semiconductors in the South Asian nation owing to "challenging gaps", it announced Tuesday.
UK water crisis pollutes privatisation legacy
AFP, Published on 11/07/2023
» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.
PGA Tour, LIV backers drop no-poaching clause from deal
AFP, Published on 14/07/2023
» MIAMI - The PGA Tour and the Saudi Public Investment Fund have dropped a provision from their framework agreement that barred LIV Golf and the Tour from recruiting each other's players, the PGA Tour confirmed Thursday.
'We were duped' by studios, says Hollywood actor union president
AFP, Published on 14/07/2023
» LOS ANGELES - Hollywood actors were "duped" into extending negotiations for two weeks by studios who wanted more time to promote their summer blockbuster movies, union president Fran Drescher told AFP on Thursday.
Maritime industry agrees on carbon-reduction target
AFP, Published on 07/07/2023
» LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.
Twitter rival Threads signs up 100 million users in 5 days
AFP, Published on 10/07/2023
» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.
Carbon 'capture' tech is booming, and confusing
AFP, Published on 04/07/2023
» PARIs: Humanity's failure to draw down planet-heating carbon dioxide emissions — 41 billion tonnes in 2022 — has thrust once-marginal options for capping or reducing CO2 in the atmosphere to centre stage in climate policy and investment.
UBS to cut 35,000 jobs after Credit Suisse rescue
AFP, Published on 28/06/2023
» GENEVA: Swiss banking group UBS plans to cut 35,000 jobs at Credit Suisse -- more than half its workforce -- as part of the emergency rescue takeover of its rival in March, according to a report by Bloomberg News on Tuesday.
IMF and Pakistan reach $3 billion stand-by deal
AFP, Published on 30/06/2023
» ISLAMABAD: Pakistan could get temporary relief for its ballooning foreign debt with a new stand-by arrangement worth US$3 billion announced by the IMF in Washington late Thursday.