Showing 1 - 10 of 127
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.
Tough US emissions rules to speed EV shift
AFP, Published on 12/04/2023
» NEW YORK: President Joe Biden's administration unveiled new proposed auto emissions rules on Wednesday, aiming to accelerate the electric vehicle transition with a target of two-thirds of the new US car market by 2032.
Chinese shopping app Temu wows US amid TikTok fears
AFP, Published on 10/04/2023
» WASHINGTON - Shopping online at Temu, Laurie Silva paid just $1.25 for earrings and $15 for a cardigan -- she is among millions of US consumers the Chinese platform is wooing with low-cost bargains and a dizzying array of products.
Crypto-linked bank failures fuel regulation debate
AFP, Published on 17/03/2023
» LONDON: The global cryptocurrency industry has been slammed by setbacks, scandals and high-profile failures in recent months, sparking a regulatory rush to protect consumers from fraud and scams.
Hong Kong unveils US$97bn recovery budget
AFP, Published on 22/02/2023
» HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.
US media rocked by layoffs amid economic gloom
AFP, Published on 22/01/2023
» NEW YORK: From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn.
Stock markets mixed on renewed US Fed rate fears
AFP, Published on 10/12/2022
» NEW YORK - Global stocks had a mixed showing Friday, with hotter-than-expected US wholesale prices renewing concerns that the Federal Reserve will push on with aggressive policies against inflation.
Twitter turmoil, staff exodus aggravate security concerns
AFP, Published on 20/11/2022
» WASHINGTON: Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.
Seeking 'healthy' debate of ideas, Musk nears Twitter deal finish line
AFP, Published on 27/10/2022
» NEW YORK: Closing in on his Twitter megadeal, Elon Musk said Thursday his goal is to enable "healthy" debate of ideas and counter the tendency of social media to splinter into partisan "echo chambers."
Jeremy Hunt: softly-spoken survivor takes on hardest role
AFP, Published on 14/10/2022
» LONDON: Newly appointed UK finance minister Jeremy Hunt is a mild-mannered political survivor who will require all of his considerable experience to calm an economy and government beset by chaos.