AFP
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Stock markets mostly fall on China woes
Major stock markets mostly fell Monday as more weak Chinese economic data offset optimism over an expected US interest-rate cut. Elsewhere, focus remained fixed on by how much the Federal Reserve would cut US interest rates in September.
Africa faces disproportionate burden from climate change: UN
Africa faces a disproportionate burden from climate change and the costs of adapting, the World Meteorological Organization (WMO) said in a new report on Monday.
Norway's electric car sales set new world record
Electric car sales in Norway took a 94-percent share of the market in August -- a new world record -- statistics showed Monday, as sales in the rest of Europe stagnate. "No country in the world comes close to Norway in the electric car race," OFV director Oyvind Solberg Thorsen said in a statement.
NGO reports 'human rights disaster' at Uganda oil project
A massive oil project in Uganda co-owned by French group TotalEnergies and China's CNOOC is mired in reports of sexual violence, forced evictions and environmental damage, climate activists said Monday. "The Kingfisher project, which is operated and co-owned by CNOOC and majority owned by TotalEnergies, is not only a dangerous carbon bomb but also a human rights disaster," Adams said.
US hotel workers launch strike over holiday weekend
As many as 10,000 hotel workers were on strike across the United States on Sunday, at the height of a long holiday weekend in which millions of Americans were expected to travel. According to booking data from the motoring group AAA, overall domestic travel over the Labor Day holiday weekend is up 9 percent compared to last year.
Azerbaijan: a country steeped in hydrocarbons
Azerbaijan, which holds early legislative elections on Sunday, is a country in the Caucasus region with a historical relationship with hydrocarbons, which account for most of its revenues.
AI chatbots must learn to say 'help!' says Microsoft exec
Generative AI tools will save companies lots of time and money, promises Vik Singh, a Microsoft vice president, even if the models must learn to admit when they just don't know what to do. Even if the model has to turn to a human in 50 percent of cases, that still saves "tons of money."
Brazil block on X comes into effect after judge's order
A block on Elon Musk's X social network in Brazil started to take effect early Saturday after a Supreme Court judge ordered its suspension, according to AFP. Brazilian Supreme Court judge Alexandre de Moraes on Friday ordered the suspension of the platform following a months-long standoff with the tech billionaire over disinformation in South America's largest nation.
China manufacturing contracts for fourth straight month
Chinese manufacturing contracted for a fourth consecutive month in August, official data showed Saturday, a worse-than-expected result reflecting the world's second-largest economy's struggle to recover. The non-manufacturing PMI, which includes services, was in positive territory in August at 50.3 points compared with 50.2 a month earlier.
AFP
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