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Ex-Togo premier Houngbo to head UN labour agency
Gilbert Houngbo, the former prime minister of Togo, was on Friday elected the next head of the International Labour Organization, and will become the first African to lead the UN agency.
Giant white diamond 'The Rock' makes debut in Dubai
A giant diamond nicknamed "The Rock" went on display for the first time in Dubai on Friday ahead of an auction where it is expected to fetch up to $30 million.
How European rulings imperil flagship Google product
Lax laws and sweetheart deals are becoming a thing of the past for big tech firms, particularly in Europe where a series of rulings is posing a major threat to one of Google's flagship products.
Polish businesses face labour shortage after Ukraine war
Szymon Janiewski employed 10 Ukrainians at his small construction company in Poland until war broke out in their homeland.
Japan's hardcore train fans accused of going off the rails
Crowding, confrontations and full-on attacks. Japan's many train fans are mostly mild-mannered enthusiasts passionate about the country's famed rail system, but a small group is gaining surprising notoriety.
Asian markets swing as traders assess Ukraine, inflation, Fed risk
Markets fluctuated in Asia on Friday as traders struggled to build on a rally in New York, with focus on the impact of the Ukraine war, surging inflation and Federal Reserve plans to fight it.
UN labour agency: where workers' rights are set in concrete
The International Labour Organization, which chooses its next leader on Friday, is a UN agency born in the aftermath of World War I to promote workers' rights and social protection.
Venezuela's risky currency stabilization to tackle inflation
Venezuela has been in recession for eight years, suffered four years of hyperinflation and endured a currency in free fall.
Mexico president apologizes for revealing central bank rate hike
Mexican President Andres Manuel Lopez Obrador apologized Thursday after he surprised financial markets by revealing that the nation's autonomous central bank had decided to hike interest rates, hours before an official announcement.
EU negotiators agree landmark law to curb Big Tech
Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of US big tech giants such as Google, Meta, Amazon and Apple.
Mexico president reveals central bank rate hike
President Andres Manuel Lopez Obrador surprised financial markets on Thursday by revealing that Mexico's autonomous central bank had decided to hike interest rates, hours before an official announcement.
P&O Ferries admits breaking law over sackings
Scandal-hit P&O Ferries on Thursday admitted that the company "chose" to break UK employment law when it fired 800 seafaring workers without notice last week.
EU in 'final countdown' to big tech crackdown
EU lawmakers wrangled Thursday to put the final touches on an unprecedented rulebook to curb the market dominance of US Big Tech giants such as Google, Meta, Amazon and Apple.
Ethiopian Airlines appoints new CEO
Ethiopian Airlines, the biggest carrier in Africa, has appointed a new CEO to replace Tewolde Gebremariam who left the company for medical reasons, the company announced Thursday.
War in Ukraine rattles auto parts industry
Ukraine's car parts industry, which supplies many vehicle manufacturers in western European, has taken a battering since the Russian invasion one month ago.
Biodiversity loss threatens economic stability: central banks report
Central banks have underestimated the significant threat posed by biodiversity loss, a new report said Thursday, warning that financial institutions and businesses were destroying the natural assets that they depend on.
Stocks mixed, oil prices dip as West targets Russian gold
Stock markets were mixed while oil prices eased Thursday as investors weighed Western summits on Russia's war in Ukraine and the prospect of sharper interest rate hikes to control inflation.
US durable goods ended streak of gains in February
Orders for big-ticket manufactured goods fell for the first time in five months in February amid a slump in business for civilian aircraft manufacturers, US government data said Thursday.
Amapiano: South Africa's 'pumping' music gift from township to the globe
Manchester United's Paul Pogba, fresh from a haircut, rhythmically juts out his chin to the catchy sounds of amapiano -- the South African music that has catapulted across the world.
Drones, thermal scanners scour China Eastern crash site
Recovery teams deployed drones and thermal imaging equipment Thursday across a mountainous area where a China Eastern plane inexplicably crashed with 132 people on board.
Toshiba shareholders reject spin-off plan in key vote
Toshiba shareholders on Thursday voted against a proposal to split the Japanese conglomerate into two, dealing a fresh blow to management that will likely spell further turmoil for the embattled company.
Oil sees further gains on sanctions talk, while equities slip
Oil prices extended their gains Thursday on growing fears of further Russia sanctions that could hit already thin supplies, while most equity markets retreated owing to surging inflation and central bank plans to sharply hike interest rates.
Some wins for US labor, but big picture stays tough
Lauded by President Joe Biden and bolstered by recent triumphs at Starbucks, the US labor movement has had reasons to cheer as attention focuses on upcoming unionization votes at Amazon.
Toshiba holds key shareholder vote on spin-off plan
Toshiba shareholders will vote Thursday on a plan to split the embattled Japanese conglomerate into two that has already faced staunch opposition from key investors.
Another US state passes abortion 'bounty hunter' law
Another US state passed a law allowing abortion providers to be sued in civil court Wednesday, as conservatives across the country ramp up their effort to overturn long-held reproductive rights.
Colombia makes history with two black VP candidates
For the first time, two black Colombians will stand as running mates in May's presidential elections.
'Rhino bond' charges onto markets to save S. African animals
Critically endangered black rhinos in South Africa will get help from an unusual source: Wall Street, where institutional investors have expressed a willingness to buy a new type of bond being issued by the World Bank that will pay for successful efforts to save the animals.
YouTube offers thousands of free TV episodes -- with ads
YouTube on Wednesday began streaming some 4,000 television episodes from shows like "Hell's Kitchen" and "Heartland" to US viewers as the site tries to capture viewers in a fiercely competitive market.
Stellantis, LG partner to build EV batteries in Canada
US-European automaker Stellantis is partnering with LG Energy Solution to make batteries for electric vehicles at a massive new plant in Canada, the largest ever investment in the country's auto sector, officials said Wednesday.
Sibling rivalry? Teenage pilot's bid to pip high-flying sister
A teenage pilot took off Wednesday determined to go one better than his record-breaking sister by becoming the youngest person to fly solo around the world.
Fire damages main Lagos bridge, dozens of shops burnt
A fire on Wednesday badly damaged a main bridge in Nigeria's commercial capital Lagos, razing dozens of shops and risking more traffic chaos, the emergency services and witnesses said.
No paycheck for popes, Francis says
He is rash, bad at football and sometimes frustrated at not having his own cash to spend: Francis may wear papal cassocks, but they hide a normal man beneath, he says in a new book.
US new home sales fell but supply crunch eases in February
After months of high prices and scarcity, the supply of new US homes on the market increased in February, though sales fell once again amid rising lending rates, according to government data released Wednesday.
UK confronts cost of living crisis with inflation-fighting budget
British finance minister Rishi Sunak on Wednesday launched plans to ease a cost of living crisis, with UK inflation set to spike to a 40-year high on Ukraine fallout.
In Spain, soaring prices fuel growing social unrest
A lorry drivers' strike, mass protests by farmers and fishermen, industrial production stoppages: record inflation levels have fuelled growing anger with Spain's left-wing government as energy prices go through the roof.
Oil prices jump, stocks mixed with spotlight on surging inflation
Oil prices rallied Wednesday, adding to soaring inflation concerns, while stock markets diverged.
Ukraine war rattles EU green farming plan
Scientists are urging Europe not to delay the transition to greener agriculture in response to Russia's invasion of Ukraine, which threatens global wheat supplies and raises fears over food shortages.
Power blackouts, soaring fuel prices shut Nigerian businesses
For eight years, Nigeria hairdresser Damy Idowu ran her business in a commercial district of Lagos, surviving growing inflation, recession and the global pandemic.
Black box of crashed China Eastern jet recovered
A black box from the crashed China Eastern airliner was recovered on Wednesday as investigators try to piece together what made a jet carrying 132 passengers nosedive into a mountainside in southern China.