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BUSINESS

BYD launches four EV models in Jordan, eyes further expansion in Middle East

South China Morning Post, Published on 14/03/2023

» BYD, the world's largest electric-vehicle (EV) maker, has taken the first steps to tap the Middle East market by launching four models in Jordan and forming a partnership with a local dealer.

WORLD

EU unveils electricity reforms to reduce price spike threat

AFP, Published on 14/03/2023

» BRUSSELS - The EU laid out plans Tuesday to make electricity bills "less dependent" on fossil fuel costs, to limit the risks of price hikes like those seen after Russia invaded Ukraine.

WORLD

Belgium razes house where child-killer Dutroux buried victims

AFP, Published on 14/03/2023

» BRUSSELS - Demolition crews have begun knocking down a second home used by notorious Belgian child-killer Marc Dutroux in a bid to erase the stain of his crimes, local officials said Tuesday.

WORLD

Meta axes 10,000 jobs in new round of cuts

AFP, Published on 14/03/2023

» WASHINGTON - Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company's "year of efficiency" as the US tech sector continues to downsize.

BUSINESS

US bank fears hit Asia stocks

Post Reporters, Published on 14/03/2023

» The Thai stock exchange fell more than 3%, almost 50 points, on Tuesday in tandem with most Asian stock markets due to fears of contagion effects from the collapse of US banks.

WORLD

'No need to worry': Odds drop newly-found asteroid will hit Earth

AFP, Published on 14/03/2023

» PARIS - The chances have plummeted that a newly-discovered asteroid with the potential to wipe out a city will hit Earth on Valentine's Day 2046, the European Space Agency said on Tuesday.

WORLD

EU parliament looks to tighten lobbying rules for ex-MEPs

AFP, Published on 14/03/2023

» STRASBOURG (FRANCE) - The European Parliament is pushing to stop former members from lobbying legislators for six months after leaving office, in response to a bribery scandal that has rocked the EU.

WORLD

US consumer inflation still elevated but Fed under stress

AFP, Published on 14/03/2023

» WASHINGTON - US consumer inflation edged down in February but remains elevated, according to government data released Tuesday, adding pressure to the Federal Reserve as it balances its inflation fight with financial stability concerns.

THAILAND

Prayut clears multi-billion spending plan as election nears

Bloomberg News, Published on 14/03/2023

» The cabinet approved a raft of proposals in what’s likely to be its last meeting before Prime Minister Prayut Chan-o-cha dissolves parliament to pave way for a general election.

BUSINESS

Diesel tax cut extended to ease living costs

Reuters, Published on 14/03/2023

» The cabinet on Tuesday agreed to extend an excise tax cut on diesel for another two months to July 20 to help reduce the costs of living, a government official said on Tuesday.