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Paris, France (AFP) French President Emmanuel Macron said Monday that he was pushing back his presentation of a major pensions overhaul denounced by labour unions, citing recent leadership changes at two opposition parties. Both the Greens and the right-wing Republicans have elected new chiefs, and Macron said he would consult with them before unveiling details of the major reform on January 10, instead of Thursday as planned. “This will give a few more weeks for […]
Kuala Lumpur, Malaysia (AFP) AirAsia parent company Capital A plans to start a new branch of the low-cost airline in Cambodia, its chief executive said Friday, as the firm jump starts expansion plans thwarted by the pandemic. The latest move to reorganise the Malaysia-based firm’s network comes after setbacks in recent years that saw it exit Japan and India. “2022 was about restarting our airline to pre-Covid levels. That machine is in place and will […]
London, United Kingdom (AFP) by Ben Perry Britain’s economy remains on course for a long-lasting recession on fallout from the highest inflation in decades, analysts said on Monday, even if official data showed growth in October. Gross domestic product rebounded 0.5 percent in the month, the Office for National Statistics (ONS) said. GDP had dropped 0.6 percent in September, in part owing to businesses closing for the funeral of Queen Elizabeth II. ONS director of […]
Kuala Lumpur, Malaysia (AFP) AirAsia parent company Capital A plans to start a new branch of the low-cost airline in Cambodia, its chief executive said Friday, as the firm jump starts expansion plans thwarted by the pandemic. The latest move to reorganise the Malaysia-based firm’s network comes after setbacks in recent years that saw it exit Japan and India. “2022 was about restarting our airline to pre-Covid levels. That machine is in place and will […]
Bangkok, Thailand (AFP) Thailand celebrated the arrival of its 10 millionth international visitor of 2022 on Saturday, according to the tourism authority, as the kingdom consolidated the recovery of its Covid-battered travel sector. Thailand welcomed some 40 million people in 2019, but then the pandemic hit and travel was decimated as nations tightened border controls to contain the coronavirus. With those restrictions easing worldwide Thailand’s travel numbers have begun a slow recovery and the government […]
Doha, Qatar (AFP) World Cup host Qatar is investigating the death of a migrant worker, an official said Thursday, after reports he died at a training base during the ongoing football tournament. The death of a Filipino in his 40s was first reported on Wednesday by The Athletic sports website and later confirmed by the Philippines’ Foreign Ministry. The Athletic said the man fell off a ramp while repairing lights at a resort used […]
FORT WORTH, United States (AFP) — A recession in the US is “not inevitable,” Treasury Secretary Janet Yellen said Thursday, adding that she believes the world’s biggest economy is on the right track in lowering inflation. Her comments come on the heels of a forceful campaign by the US central bank to cool demand this year, walking a tightrope between lowering consumer costs while trying not to tip the economy into a downturn. For now, […]
New York, United States (AFP) More than 1,000 New York Times employees went on strike at midnight on Thursday in the first industrial action of its kind in more than 40 years, their union said. Journalists and other workers at the storied media outlet, often referred to as America’s paper of record, walked out for 24 hours after failing to reach an agreement with the company on a new round of contract negotiations, the union […]
Riyadh, Saudi Arabia (AFP) by Robbie Corey-Boulet Chinese President Xi Jinping touched down in Saudi Arabia on Wednesday for a visit that is likely to focus on energy ties but also follows months of tensions with the United States. Xi, recently reanointed as leader of the world’s second biggest economy, arrived in the capital Riyadh, Chinese and Saudi state media said, for a three-day visit that will include talks with the Saudi rulers and […]
Brussels, Belgium (AFP) The EU on Wednesday escalated disputes with China to the WTO, requesting panels be assembled to hear cases over trade restrictions on Lithuania and on legal recourses for EU patent holders. “In both cases, the Chinese measures are highly damaging to European businesses” and, in the Lithuania case, “impact the functioning of the EU internal market,” the European Commission said in a statement. China is the European Union’s biggest trading partner, […]
London, United Kingdom (AFP) UK workers will be able to request flexible employment from the first day of a job under government plans announced Monday. It comes after millions of mainly office workers continue to work from home, at least part of the week, in the wake of the Covid pandemic. “Millions of employees will be able to request flexible working from day one of their employment, under new government plans to make flexible working […]
Hong Kong, China (AFP) Most stocks rose on Monday as traders welcomed more easing of strict Covid containment measures in China that have hammered the world’s number-two economy. The moves helped offset a forecast-busting US jobs report that dented hopes that the Federal Reserve will take a softer approach to hiking interest rates in its battle against inflation. Investor sentiment has picked up considerably in recent weeks on indications the US central bank will slow […]
