AFP

AFP

Australian-made rocket set for historic space launch

AFP|Published

If successful, it would be the first Australian-made rocket to make an orbital launch from Australian soil.

China's Tencent posts forecast-beating Q1 revenue on gaming growth

AFP|Published

Shenzhen-based Tencent is the operator of China's multifunctional app WeChat and a major player in the global gaming industry.

China, US slash sweeping tariffs in trade war climbdown

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Trump had upended international commerce with his sweeping tariffs across economies, with China hit hardest.

White South Africans resettled in US did not face 'persecution': foreign ministry

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It came hours after a first group of 49 white South Africans flew out of Johannesburg following US President Donald Trump's offer to grant refugee status to white ...

Struggling Nissan to cut 10,000 more jobs

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Nissan is now aiming to reduce its total workforce by approximately 15 percent.

Indians buy 14 million air conditioners a year, and need many more

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Ironically, the refrigerants inside AC units and the coal-generated electricity that powers them only exacerbate global warming.

Chicken wings, trucks: the surprising Saudi obsession with America

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While many American companies have been in Saudi Arabia for decades, its Vision 2030 agenda -- the oil-dependent country's giant economic diversification plan -- ...

Japan's Panasonic targets 10,000 job cuts worldwide

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The cuts, which represent around four percent of the group's workforce of nearly 230,000, will be implemented mainly in the current financial year to March, it said. ...

Germany's Merz urges EU to scrap green business rules

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The rules have been attacked as too burdensome for businesses as the bloc throws all its energy into making its companies more competitive in the face of fierce ...

Disney announces new theme park in Abu Dhabi

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Disney stated that it aims to attract tourists from "the Middle East and Africa, India, Asia, Europe, and beyond. "

US Fed pauses rate cuts again and warns of inflation, unemployment risks

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Policymakers voted unanimously to hold the US central bank's key lending rate at between 4. 25 percent and 4. 50 percent, the Fed said in a statement.

Bill Gates says AI key for health, education innovation

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Gates visited President Prabowo Subianto and Indonesian philanthropists in the capital Jakarta, where he spoke about his optimism that AI-driven innovation will ...

Tobacco town thrives as China struggles to kick the habit

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China is home to a third of the world's smokers and tobacco-related diseases are a major cause of death in the country.

Spain's blackout highlights renewables' grid challenge

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If a power plant fails or if electricity demand increases too quickly, they help stabilise the grid by releasing the kinetic energy stored in the rotors.

Oil prices slide after OPEC+ output hike

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Stock markets were mixed in holiday-thinned trading ahead of US and British central bank decisions later in the week.

US Fed expected to pause rate cuts again, await clarity on tariffs

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Donald Trump has imposed steep levies on China, and lower "baseline" levies of 10 percent on goods from most other countries, along with 25 percent duties on specific ...

Facing a broken economy, Ghana's tech-savvy teens turn to fraud

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From mobile money fraud to investment scams, a murky digital underworld is sucking in minors, many working from their bedrooms or small kiosks operating in plain ...

TikTok fined €530m in EU over China data transfer

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TikTok, which is also in the crosshairs of the United States, said it planned to appeal the fine from Brussels. It insisted it had "never received a request" from ...

Microsoft raises Xbox prices globally, following Sony

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Xbox consoles are primarily manufactured in China, which faces 145 percent US tariffs on numerous products under the Trump administration.

In the rough: Thai tycoon jailed for golf course land fraud

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The Central Criminal Court for Corruption and Misconduct on Thursday found 79-year-old Prayudh guilty of multiple charges including bribery and land encroachment, ...

Zelensky says minerals deal with US 'truly equal'

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The agreement, which has taken months to negotiate, would see Washington and Kyiv jointly develop and invest in Ukraine's critical mineral resources.

Steelmaker ArcelorMittal warns of uncertainty

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The company beat analyst expectations by posting a net profit of $805 million in the first quarter, although that was a decline of 14 percent from the same period ...

Stock markets edge up as Trump softens tariff pain for auto firms

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Signs of easing trade tensions are also spurring sentiment, as governments line up to negotiate deals with Washington to avert the full force of sweeping tariffs. ...

Smart driving new front in China car wars despite fatal crash

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Advanced driver-assistance systems (ADAS) help with tasks ranging from cruise control to parking and collision avoidance, with the ultimate aim being a fully self-driving ...

Porsche aims to drive flagging China sales with luxury

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The Volkswagen Group's sports car brand announced on Wednesday that it would launch an on-board computer "infotainment" feature next year, designed for its Chinese ...