AFP
20191 articles published since 08 Mar 2022
20191 articles published since 08 Mar 2022
Railway fans devastated by the scrapping of a much-heralded Berlin to Paris night train can breathe again after a Belgian-Dutch cooperative stepped in Wednesday to keep the service going. But Belgian-Dutch European Sleeper, a cooperative, said it would launch a train three times weekly between the French and German capitals from March 26, 2026.
Germany is using a massive fund for the wrong purposes and it risks providing just a minor boost to the struggling economy, experts warned Wednesday, as they cut their 2026 growth forecast. There had been hopes the extra spending could provide a big boost to the economy, but the economic advisers warned this was unlikely in view of current plans.
Germany's Bayer said Wednesday it was confident of "significantly" containing long-running legal woes related to a weedkiller by the end of next year, as it reported a narrower quarterly loss. Bayer has been hit with a flood of legal cases in the United States related to claims that the glyphosate-based Roundup weedkiller causes blood cancer.
Leaders of the world's largest economies meet in Johannesburg on November 22 and 23 for the G20 summit, being held for the first time in Africa. - Johannesburg in the spotlight - The G20 leaders' meeting will be hosted at the Nasrec Expo Centre, South Africa's largest purpose-built conference venue.
Global wine production is on course for a modest recovery in 2025 after suffering a sharp downturn last year, the industry's international body said Wednesday.
Renewable energy is still expanding faster than fossil fuels around the world despite policy changes in the United States, with oil demand possibly peaking "around 2030", the International Energy Agency said Wednesday. In the IEA's Stated Policies Scenario (STEPS), oil demand would peak "around 2030" and decline to 100 million barrels per day by 2035 before falling in subsequent years.
A Cambodian conglomerate whose founder has had more than $15 billion of allegedly ill-gotten assets seized said it "categorically rejects" claims he amassed his fortune running an internet scam empire. US investigators seized around $15 billion worth of Bitcoin they allege are criminal proceeds -- the largest forfeiture action in the Justice Department's history.
Equities rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive Federal Reserve interest rate cut. Adding to the upbeat mood was expectations for a Fed rate cut in December after data from private payrolls firm ADP showed US companies shed 11,250 jobs per week on average in the four weeks ended October 25.
Syrupy aromas drift across the guarded compound of Bangladesh's only licensed distillery, a state-owned producer posting record profits in the Muslim-majority nation, where Islamists are staging a political comeback. Carew provides the only source of regulated liquor -- alongside a separate brewery producing Hunter, Bangladesh's only beer, owned by the Jamuna Group conglomerate.
AFP
Load more