Russian President Vladimir Putin (right) and Indonesian President Joko Widodo shake hands after a joint news conference after their meeting in the Kremlin in Moscow, Russia on June 30, 2022. (ALEXANDER ZEMLIANICHENKO, POOL / AP PHOTO) MOSCOW – Russian President Vladimir Putin and visiting Indonesian President Joko Widodo on Thursday discussed the current situation in […]
A medical staffer takes a nasal swab for a COVID-19 rapid test at a testing site in Rome on Dec 30, 2021. (ANDREW MEDICHINI / AP) ROME / HELSINKI / JUBA / BERLIN / COPENHAGEN – Italy on Thursday updated coronavirus heath protocols in the workplace, as the main pandemic indicators in the country continue to rise. The […]
In this file photo taken on Nov 16, 2020, an Ethiopian refugee child who fled fighting in Tigray province, sleeps in a hut at the Um Raquba camp in Sudan's eastern Gedaref state. (EBRAHIM HAMID / AFP) NAIROBI – The World Health Organization said Thursday it's intensifying its operations to the looming health crisis in […]
People queue outside the Stade de France stadium, which has been converted into a temporary COVID-19 vaccination site, in Saint-Denis, outside Paris, April 6, 2021. (THOMAS SAMSON / POOL VIA AP) BRUSSELS / SAO PAULO / COPENHAGEN / OTTAWA / SAN SALVADOR / BELGRADE / ADDIS ABABA / WINDHOEK / PARIS – A new wave in France of COVID-19 infections fuelled by […]
NEW YORK (BLOOMBERG) – Tesla is likely to lose its position as the dominant electric-vehicle (EV) maker in the US to GM or Ford by 2025 as competitors release a barrage of 135 new electric vehicles, Bank of America analyst John Murphy said in his annual Car Wars forecast. Elon Musk’s company will still be […]
In this file photo taken on January 10, 2022, a health worker shows a vial of the Pfizer/BioNTech vaccine against the coronavirus disease COVID-19 at a vaccination center in Santiago. (JAVIER TORRES / AFP) BRUSSELS / SAO PAULO / COPENHAGEN / OTTAWA / SAN SALVADOR / BELGRADE / ADDIS ABABA / WINDHOEK – Germany's BioNTech, Pfizer's partner in COVID-19 vaccines, said the […]
SEOUL (BLOOMBERG) – Samsung Electronics kicked off mass production of 3-nanometer (nm) chips that are more powerful and efficient than predecessors, beating rival Taiwan Semiconductor Manufacturing Company (TSMC) to a key milestone in the race to build the most advanced chips in the world. South Korea’s largest company will begin with 3nm semiconductors for high-performance […]
People wait in a TSA line at the John F. Kennedy International Airport on June 28, 2022, in New York. (JULIA NIKHINSON / AP) Piles of luggage beside baggage belts in airports from Canada to Europe are driving further demand for ground handlers, and adding to summer travel chaos as airlines scramble to bring back […]
European Commission President Ursula von der Leyen speaks during a news conference after a meeting of the College of Commissioners at EU headquarters in Brussels, June 17, 2022. (GEERT VANDEN WIJNGAERT / AP) BRUSSELS / SAO PAULO / COPENHAGEN / OTTAWA / SAN SALVADOR / BELGRADE / ADDIS ABABA / WINDHOEK – European Commission president Ursula von der Leyen is no longer […]
ATLANTA (BLOOMBERG) – Federal Reserve chair Jerome Powell said the United States economy is in “strong shape” and the central bank can reduce inflation to 2 per cent while maintaining a solid labour market, even though that task has become more challenging in recent months. He also vowed to ensure rapid price increases do not […]
KUALA LUMPUR (REUTERS) – Malaysia’s communications regulator on Wednesday (June 29) approved a merger between the mobile operations of Axiata Group and Norway’s Telenor ASA, in a deal that will form the South-east Asian country’s biggest player in the sector. Telenor’s Digi.Com and Celcom Axiata are Malaysia’s second- and third-largest mobile service operators, respectively, and […]
KUALA LUMPUR (BLOOMBERG) – Temasek’s ST Telemedia Globe Data Centres and US-based investors DigitalBridge Group, I Squared Capital-owned BDx and Equinix are among potential suitors for the data centre business of Malaysia’s Time Dotcom, according to sources familiar with the matter. The suitors are conducting due diligence on the assets, known as Aims Data Centre, as […]
NATO Secretary General Jens Stoltenberg arrives for a media conference at NATO headquarters in Brussels, June 15, 2022. (OLIVIER MATTHYS / AP) NATO will dramatically increase the ranks of its high-readiness forces from 40,000 to 300,000 as part of the biggest overhaul of its collective deterrence and defense since the Cold War, the trans-Atlantic alliance's […]
Food and Drug Administration building is shown Thursday, Dec 10, 2020 in Silver Spring, Md. (MANUEL BALCE CENETA / AP) BELGRADE / MEXICO CITY – Advisers to the US Food and Drug Administration on Tuesday recommended a change in the design of COVID-19 booster shots this fall in order to combat more recently circulating variants of the […]
WASHINGTON (AFP) – The United States economy will slow this year as intended and is expected to avoid a downturn, but the Federal Reserve will have to raise borrowing rates quickly, a top central bank official said on Tuesday (June 28). “Recession is not my base case right now. I think the economy is strong,” […]
SINGAPORE – Eswatini, an African country with a population of just over one million people, is looking to work with Singapore companies to help it develop a US$1.2 billion (S$1.66 billion) integrated power project. The aim is to produce up to 300MW of electricity to meet domestic demand by 2025, its Minister of Commerce, Industry and Trade said on […]
NEW YORK (BLOOMBERG) – Crypto broker Voyager Digital said it has issued a notice of default to Three Arrows Capital, the troubled crypto hedge fund, on a loan worth roughly US$675 million based on Bitcoin’s price on Monday (June 27). Three Arrows has failed to make the required payments on its loan of 15,250 Bitcoin and […]
A healthcare worker administers a dose of the Moderna Covid-19 vaccine at a walk up vaccination site in San Francisco, California, US, on Wednesday, February 3, 2021. (DAVID PAUL MORRIS / BLOOMBERG) PARIS / LOS ANGELES / ADDIS ABABA / WASHINGTON – A US appeals court panel said on Monday it would convene a full panel to […]
The East African Community on Friday unveiled its Regional Bioeconomy Strategy at the EAC Headquarters in Arusha, Tanzania. The strategy is aimed at making use of the region's abundant natural resources to develop the bioeconomy. The strategy will offer an opportunity for partner states to achieve their individual aspirations, making use of the region's underutilized […]
Police walk in front of the US Supreme Court in Washington DC on June 27, 2022. (STEFANI REYNOLDS / AFP) WASHINGTON – The US Supreme Court, in the latest in a spate of decisions expanding religious liberty, ruled on Monday that a Washington state public school district violated the rights of a Christian high school […]