AFP
15108 articles published since 08 Mar 2022
15108 articles published since 08 Mar 2022
Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many. The change reflects a wider embrace of financial technology in Latin America's second-largest economy.
China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. The BRI made headlines for backing big-ticket projects in Africa with opaque funding and questionable impacts.
Asian markets drifted Friday as traders positioned themselves ahead of a highly anticipated US jobs report later in the day and following a mixed bag of economic data on the world's top economy. Wall Street ended the day on a tepid note, and Asian investors were equally cautious.
Boeing's problem-plagued Starliner is set to finally depart the International Space Station (ISS) on Friday, returning to Earth without astronauts after NASA deemed the risk too great.
The Japanese owner of 7-Eleven said Friday it had rejected a takeover bid from retail giant Alimentation Couche-Tard, saying the proposal "grossly undervalues" the company. The board's letter said Alimentation Couche-Tard (ACT)'s offer was $14.86 per share in cash.
Colombian police moved in Thursday to break up road blockades in and around the capital on the fourth day of protests against a rise in diesel prices. Bogota Mayor Carlos Fernando Galan said on X that anti-riot police had intervened with national government approval "to lift blockades" in five critical points in and around the capital of some eight million people.
Millions of Brazilians, including the president, have flocked to social media platforms such as Threads or Bluesky, where Portuguese has become the most spoken language in the few days since Elon Musk's X was shut down in the country. Bluesky, a social media network created by Twitter co-founder Jack Dorsey, now counts 7.6 million users since the X suspension in Brazil.
Donald Trump announced Thursday that if elected president he would appoint billionaire Elon Musk to lead an audit of government spending and implement "drastic" reform. Trump said that at Musk's suggestion, he would "create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government," with the Tesla CEO as its chief.
The UK's competition watchdog said Thursday it has launched an investigation into Ticketmaster over how it handled ticket sales for next year's sold-out Oasis reunion tour.
AFP
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