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Lesotho's king warns nation will reel from Trump cuts
Lesotho's king warns nation will reel from Trump cuts
by  AFP

Lesotho will suffer from Donald Trump's aid cuts and stands to lose up to 40,000 jobs if the US president also cancels a trade pact granting duty-free access to the American market, the monarch of the tiny southern African kingdom warned ahead of a trip to Europe on Wednesday.

France to auction superyacht seized in money-laundering case
France to auction superyacht seized in money-laundering case
by  AFP

French authorities will put up for sale Thursday a superyacht seized in a money laundering case involving a Belarusian national, according to the state agency for handling confiscated assets. Belarusian national Chaslau Koniukh has been identified by French authorities as the owner of the yacht as well as a villa on the French Riviera.

Shell plans to cut more costs, boost gas sales
Shell plans to cut more costs, boost gas sales
by  AFP

British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business. That is an increase from its previous target of $2 billion to $3 billion in cost reductions by the end of 2025, which had involved hundreds of job cuts in its oil and gas division.

Tesla sales sink by nearly half in Europe
Tesla sales sink by nearly half in Europe
by  AFP

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away. Concerns about reliability and a massive recall of Cybertrucks, which are not even sold in Europe, could also have played a part in turning off European consumers, Noel added.