AFP
19927 articles published since 08 Mar 2022
19927 articles published since 08 Mar 2022
The United States moved on Friday to dismantle a "burdensome" federal program that tracks greenhouse gas emissions across the US economy, the latest step by President Donald Trump's administration to undercut efforts against climate change. Democrats had anticipated the move after they obtained documents in the spring that indicated the change was planned.
Boeing workers at its St. Louis area defense factories will stay on strike after union members voted Friday to reject a new contract offer from the US aviation giant. "We're disappointed our employees have rejected a five-year offer, including 45 percent average wage growth," said Dan Gillian, a senior St. Louis site executive with Boeing.
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.
France on Friday risks a downgrade on its ability to pay back debts, economists said, a move that would further complicate new Prime Minister Sebastien Lecornu's task of drawing up a budget for next year.
Fashion legend Giorgio Armani asked in his will made public Friday for a major luxury group to take a stake in his company, citing LVMH, EssilorLuxottica or L'Oreal as potential buyers. He named French luxury giant LVMH, cosmetics group L'Oreal and eyewear firm EssilorLuxottica as his preferred buyers, although another of similar stature would also be acceptable.
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive. The bank is now gradually trimming interest rates from a two-decade high of 21 percent.
The EU said Friday it had accepted Microsoft's commitment to more clearly separate the Teams communications app from its Office products -- sparing the US tech giant a hefty antitrust fine.
Norway's sovereign wealth fund said Friday it was excluding French mining company Eramet from its portfolio, citing risks that the company was contributing to human rights violations and environmental damage at a nickel mine in Indonesia.
Indonesian authorities have seized a small section of the world's largest nickel mine for encroaching on forest areas without permission, authorities said Friday.
AFP
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