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Energy-hungry German industries in decline since Ukraine war: data
Germany's energy-hungry industries have suffered sharp falls in output since the start of the Ukraine war, data showed Friday, with little hope of an imminent rebound.
Zimbabwe tobacco hits new highs under smallholder contracts
Rows of green tobacco plants stretched towards the bush in a vast field of a crop that has rebounded to record levels in Zimbabwe, driven largely by smallholders contracted to Chinese firms.
India hikes fuel prices as Middle East war strains supplies
India's state-run oil companies raised petrol and diesel prices by more than three percent on Friday as disruption to energy supplies due to the Iran war mounts pressure on the economy.
Indian PM seeks trade, energy stability on UAE-Europe tour
Indian Prime Minister Narendra Modi began a five-nation tour on Friday, heading to the United Arab Emirates before Europe, overshadowed by energy and supply-chain worries due to the Iran war.
Markets wait on Trump-Xi summit, Seoul hits record
Oil inched higher and Asian markets traded in a narrow range Friday as investors awaited tangible results from US President Donald Trump's talks in Beijing, while an AI stock boom boosted Seoul to a new record.
Egypt farmers hit by Iran war price surge
Egyptian smallholders have seen their lives upended by the war in Iran, with soaring fertiliser and energy prices forcing many to lay off workers and reduce the amount of land they farm.
LVMH sells Marc Jacobs to WHP Global, which will form partnership with G-III
French luxury giant LVMH will sell its Marc Jacobs brand to US brand firm WHP Global, the two companies said Thursday.
CIA director visits Cuba as island runs out of oil
CIA Director John Ratcliffe met with Cuban officials in Havana on Thursday, the communist government said, as the island endures record energy shortages.
US tariffs, cyberattack drive Jaguar Land Rover into loss
US import tariffs and a debilitating cyberattack pushed Jaguar Land Rover into an annual loss, figures published Thursday showed, although the luxury British automaker's performance improved in the last quarter.
IMF sees risks to global growth forecast over sustained Iran war
The International Monetary Fund warned on Thursday that continuing disruptions due to the Iran war meant its global economic outlook was moving towards an "adverse" scenario, with growth pared down and greater risks to inflation.
China's Weichai wins battle for Ferretti yacht maker
Chinese group Weichai on Thursday took control of the world's top yacht maker, Ferretti, after a takeover battle with a Czech shareholder that had appealed to the Italian government.
Honda suspends plans for new electric vehicle plant in Canada
Japanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely suspended," marking another blow to the country's tariff-hit auto sector.
Sniffer dogs police Cannes' cocaine-fuelled party scene
The mayor of Cannes has ordered a drugs crackdown as Hollywood stars and film industry executives flock to party and do deals in the French Riviera resort.
Tech stocks rally rolls on as US-China talks underway
European and US stock markets climbed Thursday as a tech-fuelled rally rolled on even as the United States and China were locked in talks in Beijing, accompanied by key US business leaders hoping for deals.
Stocks diverge tracking tech, US-China talks
European and Asian stock markets diverged on Thursday as investors weighed high-stakes talks between the United States and China and optimism over artificial intelligence.
Stars flying into Cannes in private jets 'obscene', say ex-pilots
Climate activists are urging movie stars to fly economy or take the train to Cannes after saying private jets burned two millions of litres of kerosene getting them to the film festival last year.
UK economy resilient as Mideast war, political risks loom
Britain's economy expanded in the first quarter, official data showed Thursday, offering a boost to embattled Prime Minister Keir Starmer as the Mideast crisis and political turmoil cloud the outlook.
Asia stocks uneven as investors assess high-stakes Trump-Xi talks, AI rally
Asian markets were mixed Thursday as investors weighed high-stakes US-China talks and persistent inflation concerns, which tempered optimism fuelled by record highs on Wall Street.
Burberry returns to full-year profit on turnaround plan
British fashion label Burberry said Thursday that it returned to profit in its latest fiscal year thanks to a sizeable cost-cutting plan launched at the end of 2024.
Denmark, Australia in the spotlight in Eurovision second semi
The last 10 places in the Eurovision final are up for grabs in Thursday's second semi, with Denmark and Australia hotly tipped to make it through once the votes are counted.
Xi warns Trump on Taiwan at Beijing summit
Chinese President Xi Jinping warned his US counterpart Donald Trump that missteps on Taiwan could push their two countries into "conflict", a stark opening salvo as they met in Beijing on Thursday at a superpower summit.
Bone appetit: Paris pups lap up treats at dog-centric spots
An elegant, white-haired Parisian savours a biscuity cloud of cream and apple down to the last crumb at one of the French capital's many bakeries -- but this client has four legs, not two.
India bars sugar exports until September
India, one of the world's largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising.
EV overhaul drags Honda to first operating loss since 1957
Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States.
Honda posts operating loss, first since 1957
Honda announced Thursday its first operational loss since 1957 after a major overhaul of its electric vehicle strategy in the United States.
Asia markets mixed as Trump-Xi summit, AI trade dominate
Asian markets were mixed Thursday as investors weighed a high-stakes US-China summit and persistent inflation concerns, which tempered optimism fuelled by record highs on Wall Street.
Indian pharma fuels Africa's 'zombie drug' and opioid crisis
They come in blister packs of 10 like any normal painkiller and you can buy them easily in roadside kiosks and street pharmacies across west Africa.
In Washington, the fight to preserve Black cemeteries
Georgetown, one of present-day Washington's most expensive neighborhoods, used to be a hub of Black life in the US capital.
S&P 500, Nasdaq end at records as oil prices retreat
Major Wall Street stock indices shrugged off a surprisingly big jump in US inflation Wednesday and pushed to fresh records on artificial intelligence bullishness and hopes for ths US-China summit.
Warsh confirmed as Fed chair as central bank faces Trump assault
The US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chairman to lead a central bank whose independence is under attack and with inflation at a three-year high.
From Black Death to Covid, ships have long hosted outbreaks
A deadly outbreak on a cruise liner is just the latest in a long history of infectious diseases spreading rapidly in the cramped confines of ships, from the Black Death to Covid.
Stocks rise ahead of US-China summit
Stock markets drifted higher Wednesday as investors awaited a high-stakes summit between the United States and China, while oil prices diverged as Middle East peace talks stalled.