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17588 articles published since 08 Mar 2022

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Argentina's Milei wins Congress green light for new IMF loan
Argentina's Milei wins Congress green light for new IMF loan

Argentina's Congress on Wednesday gave President Javier Milei the green light to reach a new IMF loan agreement, on top of the $44 billion Buenos Aires already owes the lender. The EFF serves to refinance Argentina's debt, to help it pay off the $44-billion loan negotiated under center-right president Mauricio Macri in 2018.

Kazakhstan copper producer pauses some operations after deadly accidents
Kazakhstan copper producer pauses some operations after deadly accidents

Kazakhstan's largest copper producer Kazakhmys said Wednesday it was temporarily halting some of its operations due to the "growing number" of industrial accidents at its production facilities. Kazakhmys says it is the world's 20th largest producer of copper concentrate, a processed form of copper ore that has been refined to boost its cooper content.

EU skewers Google, Apple over tech rules -- despite Trump threats
EU skewers Google, Apple over tech rules -- despite Trump threats

The European Union defied US threats of retaliation Wednesday by accusing Google of violating its digital rules -- which could trigger hefty fines -- and ordering Apple to make its iPhone interact better with rivals' devices. US prosecutors accused Apple of making it hard for its users to interact easily with Android phone users and with rival smartwatches.

UniCredit CEO says prepared to wait on Commerzbank decision
UniCredit CEO says prepared to wait on Commerzbank decision

UniCredit's chief executive said Wednesday he could wait until 2027 to determine whether a takeover of Germany's Commerzbank made sense for Italy's second-largest bank. "At this point, patience is the most important point because we need to execute on our plan, get it done well," said UniCredit chief executive Andrea Orcel Wednesday.

Global music business raked in $29.6 bn in 2024: report
Global music business raked in $29.6 bn in 2024: report

The global music industry raked in a record $29.6 billion last year as online streaming propelled revenues to their highest level since records began in the 1990s, new figures showed on Wednesday. Streaming now accounts for more than two-thirds (69 percent) of global revenues, or $20.4 billion.

Santander to close one fifth of UK branches amid online switch
Santander to close one fifth of UK branches amid online switch

Spanish bank Santander announced Wednesday plans to close one fifth of its UK branches, impacting 750 jobs, as the switch to online banking gathers pace. As part of the restructuring, Santander plans to contribute to the expansion of local banking hubs and to use "community bankers" who will provide face-to-face support.

French billionaire Bollore targeted in fraud case over Africa ports
French billionaire Bollore targeted in fraud case over Africa ports

Groups from five African countries filed fraud and corruption complaints Wednesday accusing French billionaire Vincent Bollore and one of his sons of illegally obtaining and benefitting from port concessions. Wednesday's complaint now accuses Bollore of corruption, benefitting from influence peddling and the unlawful taking of interests of local officials in Cameroon, Ghana and Ivory Coast.

Tech firms fight to stem deepfake deluge
Tech firms fight to stem deepfake deluge

Tech firms are fighting the scourge of deepfakes, those deceptively realistic voices or videos used by scammers that are more available than ever thanks to artificial intelligence. Ever-improving generative artificial intelligence (GenAI) tools have become weapons in the hands of bad actors intent on tricking people out of their money or even their identities.

In US, a pastry chef attempts to crack an egg-free menu
In US, a pastry chef attempts to crack an egg-free menu

Since avian flu turned eggs into a luxury item, pastry chef Annie Clemmons has spent countless hours in her Maryland workshop, racking her brains about how to replace them in her recipes. "Never in a million years did I think it would be a luxury item."

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