Economy
Thailand orders close watch on cheap 'elephant pant' imports
Thailand ordered its ports on Tuesday to keep a close watch out for rogue "elephant pants" being imported to the kingdom, as Bangkok trumpeted its copyright claim to the popular pachyderm print. "We have ordered the surveillance of elephant pants in all ports," Deputy Prime Minister Phumtham Wechayachai told reporters on Tuesday.
Chance for Italy's toxic steelworks to finally go green
Doctor Maria Grazia Serra's patients have been "breathing, eating and drinking" toxins from Taranto's steelworks for decades, but a dispute over the vast Italian plant could finally see its ecological conversion. She is one of 150 doctors who last month appealed to the government not to waste the opportunity to finally turn the plant around.
Toyota raises annual net profit forecast as chip shortage eases
Japan's Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions in the first three quarters as the global semiconductor shortage eases. Third-quarter net profit soared 86 percent on-year to nearly 1.36 trillion yen, the company said.
UBS to spell out growth plan after Credit Suisse takeover
Swiss banking giant UBS will on Tuesday report its first full-year results since swallowing rival Credit Suisse, with investors keen for details on a US-centred growth strategy hinted at by the mega-bank.
Markets mixed after Wall St losses, Shanghai and Hong Kong rally
Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch a long-running rout.
Snap lets go ten percent of staff
Social media company Snap, which runs the youth-focused Snapchat platform, on Monday said it was laying off about ten percent of its staff, joining a wave of job cuts in the tech sector. Snap had previously cut 20 percent of its staff in 2022.
Tractor army gathers at the gates of Rome
Dozens of Italian farmers with tractors started gathering Monday on the edge of Rome vowing a major demonstration to pressure the government to improve their working conditions. Around fifty tractors from Tuscany gathered at Via Nomentana, a main road into central Rome.
EU walks farming minefield with new climate goals
The EU's climate goals for 2040 are set to further dial up the pressure on a farm sector that has yet to get tough on greenhouse gas emissions -- but is already up in arms over existing environmental rules. If a drastic reduction in farming emissions turns out to be unattainable, the bloc will have to look elsewhere to meet its 2040 goals.
France sells late Putin enemy's Riviera chateau
A French Riviera chateau seized from late Russian oligarch Boris Berezovsky has been sold to an undisclosed buyer, according to France's agency for handling confiscated assets. France's Agency for the Management and Recovery of Seized and Confiscated Assets (Agrasc) did not disclose the identity of the buyer or the deal's price tag for confidentiality reasons.
Economy
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