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'It's finished!': IEA boss says COP28 bid farewell to fossil fuels

AFP, Published on 15/12/2023

» PARIS - While the UN's COP28 climate summit marked a pivot moment, when the world pledged to say "goodbye" to fossil fuels, International Energy Agency chief Fatih Birol told AFP on Friday, it needs to now urgently boost finance for the energy transition in developing countries.

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WORLD

Global stocks mostly rise as ECB, BoE press pause after Fed pivot

AFP, Published on 15/12/2023

» NEW YORK - Global equities mostly rose Thursday as the ECB and Britain pressed pause on rates after the Fed had sent Wall Street soaring on a pivot toward interest rate cuts next year.

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WORLD

Turkey's inflation ticks up to 62%

AFP, Published on 04/12/2023

» ISTANBUL - Turkey's annual inflation rate ticked up slightly in November, the state statistics agency said on Monday, showing further signs of levelling off following a series of sharp interest rate hikes.

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WORLD

'Where is our future': Uganda declares war on used clothing

AFP, Published on 04/12/2023

» KAMPALA: For nearly three decades, the chaotic, overcrowded Owino secondhand market in Uganda's capital has been the cornerstone of Hadija Nakimuli's life, helping the widowed shopkeeper build a house and raise 12 children.

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WORLD

Over 110 countries support tripling renewables by 2030: EU chief

AFP, Published on 02/12/2023

» DUBAI - More than 110 countries want the COP28 climate negotiations to adopt a goal of tripling renewable energy and doubling energy efficiency by 2030, European Commission President Ursula von der Leyen said Friday.

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WORLD

Spaniard arrested for helping N.Korea evade US sanctions

AFP, Published on 02/12/2023

» MADRID - Spanish police on Friday said they had arrested a man wanted by Washington for allegedly conspiring with cryptocurrency experts to help North Korea evade sanctions over its nuclear program.

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WORLD

COP28 puts spotlight on state oil giants

AFP, Published on 01/12/2023

» PARIS - Western energy firms are the usual suspects when it comes to criticism about the sector's role in climate change, but a less visible lineup of powerful state companies dominates the industry.

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WORLD

Spanish giant Ferrovial sells remaining stake in Heathrow

AFP, Published on 29/11/2023

» MADRID - Spanish infrastructure giant Ferrovial announced it is offloading its remaining 25 percent stake in London's Heathrow Airport to a French private equity group and Saudi Arabia's sovereign wealth fund.

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WORLD

Art for bark's sake: stray dogs take up painting for UK charity

AFP, Published on 28/11/2023

» BRISTOL (UNITED KINGDOM) - In their studio in Bristol, western England, rescue dogs Rosie and Alba are hard at work on their canvases, redefining the essence of abstract art -- one tail swish at a time.

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WORLD

Sam Altman to return as OpenAI CEO after shock ouster

AFP, Published on 22/11/2023

» SAN FRANCISCO - ChatGPT creator OpenAI announced Tuesday that Sam Altman would return as its CEO, days after his shock dismissal plunged the pioneering artificial intelligence firm into crisis.