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China signals renewed tech sector support, but concerns linger
China signals renewed tech sector support, but concerns linger
by  AFP

A simple handshake between President Xi Jinping and once-shunned entrepreneur Jack Ma sent Chinese tech stocks booming in recent weeks as it was interpreted as the latest sign the sector is being brought in from the cold -- though experts advise caution.

Cyclone death toll rises to four on La Reunion
Cyclone death toll rises to four on La Reunion
by  AFP

At least four people have died in the Indian Ocean island of La Reunion during the passage of a devastating cyclone that sowed destruction across the overseas French territory, officials said on Saturday. On Friday, Cyclone Garance struck the territory of 900,000 people, uprooting trees, tearing off roofs and flooding homes.

Intel slows $28 bn chip factory project in Ohio
Intel slows $28 bn chip factory project in Ohio
by  AFP

Struggling US chip maker Intel on Friday pushed out the timeline for completing two new fabrication plants in Ohio, saying it is taking a prudent approach to the $28 billion project. For the full year 2024, Intel recorded a net loss of $18.8 billion as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution.

Why Mexican manufacturers seem unfazed by threat of Trump tariffs
Why Mexican manufacturers seem unfazed by threat of Trump tariffs
by  AFP

If US President Donald Trump is to be taken at his word, Mexican imports to the United States will be hit with 25-percent tariffs on Tuesday. On Tuesday, the tariffs he announced on all Mexican imports shortly after taking office are due to go into effect, after being suspended for a month.