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Asian countries most vulnerable to Strait of Hormuz blockade
Asian countries most vulnerable to Strait of Hormuz blockade
by  AFP

Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.

Star-packed, Covid-shaped 'Death Stranding 2' drops this week
Star-packed, Covid-shaped 'Death Stranding 2' drops this week
by  AFP

Japanese video game legend Hideo Kojima releases "Death Stranding 2: On the Beach" this week, a star-studded PlayStation sequel inspired by the Covid pandemic. Kojima Productions, the eponymous studio the developer founded in 2015 after leaving Japanese giant Konami, said in March this year that the first "Death Stranding" had more than 20 million players.

New CEO of Jeep owner Stellantis starts with leadership shake-up
New CEO of Jeep owner Stellantis starts with leadership shake-up
by  AFP

Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles. Picat, who was once seen as a potential successor of Tavares, has been mentioned as a possible replacement for Renault's departing chief executive Luca de Meo. tsz-fmp/lth/cw

Eurozone business activity almost flat again in June
Eurozone business activity almost flat again in June
by  AFP

Business activity in the eurozone was up marginally in June, marking the sixth consecutive month of expansion -- albeit at a slowing, sluggish pace, a closely watched survey showed Monday. The expansion in the 20-country currency area was centred on the manufacturing sector, where production increased for the fourth successive month, according to the survey.