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US Fed chair says confidence inflation will ease 'not as high as it was'
Federal Reserve chair Jerome Powell said Tuesday that hot US inflation data has lowered his level of confidence that price rises will slow back down towards the bank's long-term target.
Gerwig says intimacy coordinators are sign of #MeToo progress
"Barbie" director Greta Gerwig, heading the jury at the Cannes Film Festival, said Tuesday that women's status in the industry was heading in the right direction and welcomed concrete changes like intimacy coordinators on sets.
Authorities raid Goodyear sites in Europe over burst tyre deaths
Investigators searched three European sites belonging to American tyre giant Goodyear Tuesday, French prosecutors said, as part of an involuntary homicides probe into crashes caused by burst truck tyres.
Russia must beat Ukraine with 'minimal losses': new defence chief
Russia's incoming defence minister on Tuesday said that Moscow's priority was to secure victory on the battlefield against Ukraine while minimising human losses.
EU to encourage influencers to have 'positive' impact
The EU announced steps Tuesday to encourage influencers to post content that has a "positive" impact on society, as concerns rise over disinformation in a fragmented information landscape.
US to raise tariffs on $18 bn of China imports including chips
The United States is hiking tariffs on $18 billion worth of Chinese imports, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the White House said Tuesday.
China tech giant Alibaba posts modest yearly revenue growth
Chinese e-commerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.
Swiss nursery lets robot do the talking
Sat in a circle on the nursery floor, a group of Swiss three-year-olds ask a robot called Nao questions about giraffes and broccoli.
EU signs off on asylum overhaul
The EU on Tuesday gave the final green light to a landmark overhaul of its migration and asylum policies that will see hardened borders and responsibility shared among member states.
Stock markets diverge on eve of key US inflation data
European and Asian stock markets were flat to slightly lower Tuesday on the eve of key US inflation data that could have a huge bearing on the extent of US interest rate cuts this year.
Sony net profit dips on-year as PlayStation sales fall
Sony on Tuesday warned of falling profits this year as PlayStation 5 unit sales decline, after reporting a dip in annual earnings while also staying mum on a reported bid for Paramount.
Anglo American to split group after rejecting BHP bid
Anglo American said Tuesday it would offload steelmaking coal, diamond and platinum businesses and focus on critical minerals as it fights off a massive takeover bid by Australian rival BHP.
Uber to buy Delivery Hero's Foodpanda in Taiwan for US$950 mn
Ride-hailing giant Uber said Tuesday it has reached a deal with Delivery Hero SE to buy its Foodpanda delivery business in Taiwan for US$950 million.
Sony net profit dips on-year but beats estimate
Sony said Tuesday that annual net profit dipped 3.5 percent on-year but beat its forecast as takings in games and music offset losses in the financial and chip sectors.
European rights court to make final decision on Semenya
Caster Semenya's costly legal marathon enters its last lap as the highest chamber of the European Court of Human Rights (ECHR) on Wednesday begins a hearing into whether the double Olympic champion can be required to lower her testosterone levels to compete.
Taboo to brew: conservative Gulf gets first local beer
Inside his Abu Dhabi gastro pub, Chad McGehee inspects shiny steel tanks fermenting a special brew: the first beer made in the conservative Arab Gulf, where alcohol has long been taboo.
Anthropic AI assistant 'Claude' arrives in Europe
Anthropic on Monday announced that its artificial intelligence assistant "Claude" is available in Europe after launching in the United States earlier this year.
US authorities demolish part of collapsed Baltimore bridge
Demolition experts used explosives Monday to remove part of a collapsed bridge in Baltimore and free a cargo ship that has been trapped since it rammed into the structure in March.
OpenAI gives ChatGPT new powers to see, hear
OpenAI on Monday released a higher performing and even more human-like version of the artificial intelligence technology that underpins its popular generative tool ChatGPT, making it free to all users.
Global stocks tread water ahead of US inflation data
Global markets were in cautious mode Monday with Wall Street marking time while major European stock markets put the brake on following a record run last week as investors wait on key US inflation data.
OpenAI releases faster model to power ChatGPT
OpenAI on Monday released a higher performing and more efficient version of the artificial intelligence technology that underpins its popular generative tool ChatGPT, making it free to all users.
Melinda Gates to leave Gates Foundation, keeps $12.5bn for her work
Philanthropist Melinda French Gates announced Monday she was leaving the nonprofit foundation she established with her ex-husband Bill Gates -- an organization that has become one of the most influential in the world.
ChatGPT-maker OpenAI releases latest free model GPT-4o
OpenAI on Monday released a higher performing and more efficient version of the artificial intelligence technology that underpins its popular generative tool ChatGPT, making it free to all users.
Melinda Gates to leave Gates Foundation, getting $12.5 billion
Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.
Iran director's escape, MeToo tensions build off-screen drama at Cannes
The escape of an Iranian director and rumours over fresh MeToo allegations were setting the scene Monday for a dramatic Cannes Film Festival, already packed with Hollywood icons and attention-grabbing films.
Global share markets put brake on ahead of inflation data
Global markets were in cautious mode Monday with Wall Street marking time while major European stock markets put the brake on following a record run last week as investors wait on key US inflation data.
Georgians protest anti-NGO bill as ruling party vows to adopt
Hundreds of young Georgians crowded outside parliament on Monday ahead of a third straight night of protests against a "foreign influence" bill that has split the Caucasus country and triggered international condemnation.
IMF gives draft approval to Argentina payout of almost $800 mn
IMF staff have reached an agreement with Argentina on a loan program review that should unlock almost $800 million in much-needed funds for the Latin American country, the Washington-based financial institution said Monday.
US Fed vice chair says interest rates should remain on pause
The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
Anglo American rejects BHP's improved takeover bid
Australian mining giant BHP revealed Monday that British rival Anglo American has rejected an "improved" takeover bid worth £34 billion ($43 billion) as it aims to create a copper titan.
Bid to end deadly cooking methods which stoke global warming
Fifty countries are meeting in France on Tuesday to discuss the lack of access to clean cooking methods worldwide which causes millions of deaths every year and fuels global warming.
European stocks waver after record run
European equities wavered Monday as dealers paused with key US inflation data on the horizon, having smashed records last week on increasing hopes of interest rate reductions and after Britain emerged from recession.
France announces 'record' foreign investments worth 15 bn euros
France has received combined investment commitments from foreign companies of more than 15 billion euros ($16.2 billion), President Emmanual Macron's office said Monday.
Maldives gets IMF debt warning as more Chinese loans loom
The International Monetary Fund warned the Maldives against looming "debt distress" Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China.
US, Japanese banks lead fossil fuel financing
The world's biggest banks financed fossil fuels to the tune of $705 billion in 2023, with US and Japanese lenders leading the way, an annual report by climate campaigners said Monday.
China says to sell initial batch of long-dated bonds this week
China will start selling an initial batch of long-dated bonds this week, the Ministry of Finance announced Monday, as Beijing looks to increase support for the world's second-largest economy.
Sweden's small game studios punching above their weight
"Minecraft", "Valheim", and "Raft", just to name a few: Small or even one-man teams from Sweden have produced more video game hits than one would expect from a small country.
Asian markets mixed as traders pause ahead of US inflation data
Equities fluctuated Monday as traders took a breather after the past weeks' healthy run as they absorbed weak Chinese data and reports that the United States planned to ramp up tariffs on clean energy products from the Asian country.
Cambodia's famed Kampot pepper withers in scorching heatwave
Farmer Chhim Laem shakes his head as he walks between long rows of dead bushes, their brown leaves scorched by heat and drought that have devastated Cambodia's famed Kampot pepper crop.