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Vintage Ikea goes high-end at auction

AFP, Published on 19/12/2023

» STOCKHOLM - At a chic Stockholm auction house, 122 carefully curated items with unusual provenance went under the hammer on Monday evening: vintage furnishings from the flatpack furniture retailer Ikea were sold for a total of 37,000 euros ($40,000).

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Google to pay $700m in US antitrust settlement

AFP, Published on 19/12/2023

» SAN FRANCISCO - Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the funds going to US customers of its Android app store and state governments.

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Illegal mining, smuggling threaten Ghana cocoa industry

AFP, Published on 20/12/2023

» ACCRA - Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest — and blow to its crisis-hit economy — from illegal mining and smugglers, industry officials, farmers and activists warn.

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Toyota subsidiary to halt shipment of all models over rigged safety tests

AFP, Published on 20/12/2023

» TOKYO - Toyota subsidiary Daihatsu said on Wednesday it will suspend shipments of all car models currently in production both in Japan and abroad, following new revelations about its rigging of safety tests.

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Inflation-hit Serbia heads to polls after months of protests

AFP, Published on 15/12/2023

» BELGRADE - Serbian President Aleksandar Vucic will not be on the ballot in Sunday's parliamentary and local elections, but the contest is nevertheless a referendum on his government amid soaring inflation and months of protests.

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Yellen urges China to shift from 'unfair' state-driven economic policy

AFP, Published on 15/12/2023

» WASHINGTON - United States Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

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Grip of Opec+ on oil market loosening

AFP, Published on 14/12/2023

» PARIS - Slowing demand growth and rising US crude production will make it more difficult for Opec+ to continue to prop up prices, the International Energy Agency (IEA) said on Thursday.

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EU court rejects appeal over Amazon tax ruling

AFP, Published on 14/12/2023

» BRUSSELS - A top European Union court rejected Thursday Brussels' appeal against a ruling blocking its bid to force Luxembourg to recover 25 million euros ($272-million) in back taxes from Amazon.

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US consumer inflation slows in November

AFP, Published on 12/12/2023

» WASHINGTON - Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

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TikTok announces $1.5bn deal to restart Indonesia online shop

AFP, Published on 11/12/2023

» JAKARTA: TikTok on Monday announced a $1.5 billion investment in GoTo in a deal that would allow the Chinese-owned short video app to restart its online shop in Indonesia.