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United Airlines flights grounded in the US
Thousands of US air passengers were facing delays Wednesday after United Airlines halted many departures in the wake of a systemwide problem. "We are working with customers to get them to their destinations after a technology disruption on Wednesday evening," the airline said in a statement.
Mexican authorities accuse Adidas of cultural appropriation
Officials in the southern Mexico state of Oaxaca accused sportswear giant Adidas of cultural appropriation after the fashion brand debuted sandals similar to a traditional design from the region.
Trump's 'dividend' promise for Americans leaves open questions
If Donald Trump is to be believed, millions of Americans could receive a financial slice of the fortunes generated by the US president's sweeping tariffs. During the Covid pandemic, he insisted that his name be put on government checks distributed to tens of millions of Americans as financial support.
For Argentine farmers, Milei's free-market reforms fall short
Twenty months after Argentina's President Javier Milei came to power vowing to lead a free-market revolution in the so-called sick man of South America, the farming community is egging him on to go further. - Bumpy route to market - Milei was elected on a promise to cut spending, tame inflation and erase a steep budget deficit.
Bank of England set to cut rate as UK economy weakens
The Bank of England is widely expected to cut its key interest rate Thursday, with policymakers mindful of US tariffs and their potential risks to an already-struggling UK economy. The European Central Bank is meanwhile widely expected to keep rates unchanged at its next meeting, with eurozone inflation around the ECB's two-percent target.
Apple to invest additional $100 bn in US
Apple will invest an additional $100 billion in the United States, taking its total pledge to $600 billion over the next four years, US President Donald Trump said Wednesday. In February, Apple said it would spend more than $500 billion in the United States and hire 20,000 people, with Trump quickly taking credit for the decision.
Major climate-GDP study under review after facing challenge
A blockbuster study published in top science journal Nature last year warned that unchecked climate change could slash global GDP by a staggering 62 percent by century's end, setting off alarm bells among financial institutions worldwide. Yet the eye-popping claim that global GDP would be lowered by 62 percent by the year 2100 under a high emissions scenario soon drew scrutiny.
US government gets a year of ChatGPT Enterprise for $1
OpenAI on Wednesday said it was letting the US government use a version of ChatGPT designed for businesses for a year, charging just $1 for the service. OpenAI, in "coordination" with the US government, will help countries build data centers and provide customized versions of ChatGPT, according to the tech firm.
Brazil seeks WTO relief against Trump tariffs
Brazil on Wednesday approached the World Trade Organization (WTO) for relief against a hefty trade tariff imposed by President Donald Trump on more than a third of US-bound exports from the Latin American powerhouse.
AFP
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