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Search Results: 752 results for keyword "AFP".
Gold hits another record high on Fed rate cut bets
01-04-2024 15:07
Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.
Ericsson cuts 1,200 jobs in Sweden in 'challenging' market
29-03-2024 11:42
Swedish telecoms equipment giant Ericsson said Monday it was cutting 1,200 staff in Sweden, or 8.6 percent of its Swedish workforce, as it faces a "challenging" market for mobile networks.
Hyundai to invest more than $50 bn in South Korea in major EV push
29-03-2024 11:26
Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting the development and production of electric vehicles.
Samsung Pay to drop support for Russia's Mir card
29-03-2024 11:07
Samsung said Wednesday it will stop supporting Russia's Mir card on its mobile payment service from April 3, in a fresh blow to Moscow's flagship rival to Mastercard and Visa.
Crypto fraudster Bankman-Fried faces sentencing
29-03-2024 10:38
Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.
Japan to advance in World Cup qualifying after N. Korea game cancelled
25-03-2024 15:19
Japan look poised to reach the final stage of qualifying for the 2026 World Cup without kicking a ball after FIFA said their match at North Korea will not be rescheduled.
Ferrari flair to Mercedes despair: Three Australian GP talking points
25-03-2024 15:02
Flawless drives from Ferrari's Carlos Sainz and Charles Leclerc in Melbourne coupled with Max Verstappen's retirement ensured Red Bull will not have it all their own way this season.
Apple, Google and Meta set to face probes under new law: source
25-03-2024 09:28
Apple, Google and Meta are set to face the EU's wrath next week as Brussels prepares to hit the tech giants with probes into potential violations of a landmark law, sources close to the matter said Friday.
Zara owner Inditex workers protest after record profits
25-03-2024 09:21
Workers at Inditex's Zara and other big name stores protested outside the company shops across Spain on Friday to demand better benefits after the world's biggest fashion retailer reported record profits and raised shareholder payouts.
McDonald's stores shut in Sri Lanka over poor hygiene case
25-03-2024 09:07
McDonald's stores across Sri Lanka shut Sunday after the US fast-food giant launched a legal battle with its local franchise holder over allegations of poor hygiene, court officials said.
Ethiopia to open up real estate to foreign buyers
25-03-2024 08:59
Ethiopia's Prime Minister Abiy Ahmed has unveiled plans to allow foreign nationals to buy real estate and to open up retailing to international companies.
'Ghostbusters' ices out competition as 'Dune' worms its way above $570 mn
25-03-2024 08:53
"Ghostbusters: Frozen Empire" scared its way to the top of the North American box office this weekend, taking in an estimated $45.2 million in what one analyst called a "unique and impressive opening."
Korean Air says to sign $13.7 billion deal with Airbus
22-03-2024 10:37
South Korean flag carrier Korean Air said Thursday it will sign a $13.7 billion deal with Airbus to purchase 33 A350 series aircraft to strengthen its long-term fleet operations.
EU chief proposes raising tariffs on Russian grain
22-03-2024 10:16
EU chief Ursula von der Leyen said Thursday Brussels was proposing raising tariffs on Russian and Belarusian grain to protect Europe's farmers and punish Moscow over its war on Ukraine.
IMF board approves release of $880 mn for Ukraine
22-03-2024 10:06
The International Monetary Fund's executive board confirmed Thursday it will disburse $880 million to Ukraine in the third phase of a $15.6 billion aid package to support the country's war-torn economy.
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