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OECD lowers global growth projections over tariffs, uncertainty
Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development said on Monday as it lowered its projections for global growth in 2025. That was due to "higher trade barriers in several G20 economies and increased geopolitical and policy uncertainty weighing on investment and household spending".
Peruvian farmer demands 'climate justice' from German energy giant
A Peruvian farmer taking a German energy giant to court says he is battling for "climate justice" and wants the company to pay for the consequences of rising temperatures. We have done nothing to contribute to climate change and now we’re paying for it'," Bals said outside court.
From determination to despair: S.Africa's youth battling for work
In a corner of his mother’s backyard, 30-year-old Thabang Moshoke runs a clipper through a client's hair at a makeshift barbershop that has only a rough roof to shield it from the skies. Not far from the backyard barbershop, Nhlanhla Vilakazi, 31, washes shoes for around 90 rand a pair to earn her living.
Designer Jonathan Anderson leaves Spanish brand Loewe
British designer Jonathan Anderson has left Spanish brand Loewe after more than a decade at the helm, owner LVMH announced Monday, with the 40-year-old tipped to take over at Dior. One scenario is that Anderson might take over both sides of the business, with its growth of crucial financial and dynastic importance to LVMH owner Bernard Arnault.
Data shows patchy Chinese economy in first two months of the year
China's economy charted an uneven trajectory in the first two months of the year, a slew of key indicators showed Monday, muddying Beijing's drive to boost flagging consumption.
'Dark oxygen': a deep-sea discovery that has split scientists
Could lumpy metallic rocks in the deepest, darkest reaches of the ocean be making oxygen in the absence of sunlight? This cast doubt on the long-established view that life was made possible when organisms started producing oxygen via photosynthesis, which requires sunlight, about 2.7 billion years ago.
Race to name creatures of the deep as mining interest grows
In the cold, lightless Pacific Ocean deep, the seabed is scattered with metal-rich rocks coveted by miners -- and huge numbers of strange and rare animals almost entirely unknown to science. There are "huge numbers of rare species", said Horton, adding that much of the diversity was among the creatures living in the mud.
Asian markets start week on front foot as China unveils consumer plan
Asian markets rose on Monday as investors welcomed Chinese plans to kickstart consumption in the world's number two economy, though worries about Donald Trump's tariffs war continue to cast a shadow over trading floors. However, observers warned that leaders had a tough job ahead of them amid Trump's trade war.
Wind-powered mast to cut emissions sets sail to Canada
A pioneering rigid shipping mast has set off on its first journey, harnessing the wind to propel a cargo ship from England to Canada and using less fuel to help reduce emissions. It harnesses the wind that hits its surface to propel the ship.
AFP
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