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By John BIERS Tesla reported lower fourth-quarter operating profits despite higher revenues Wednesday, following a series of auto price cuts as Elon Musk’s electric vehicle giant warned of slower volume growth in 2024. Shares of Tesla fell after the company’s earnings per share and revenues both missed analysts expectations in the fourth quarter, and it offered a sobering outlook for 2024 auto volumes. “Our company is currently between two major growth waves,” said Tesla. It […]
BUDAPEST, Jan 24, 2024 (AFP) – Hungarian Prime Minister Viktor Orban on Wednesday said he reaffirmed in a phone call with NATO chief Jens Stoltenberg his “support” for Sweden’s membership to the security alliance. Budapest remains the last holdout to ratify Stockholm’s bid to join NATO. “I reaffirmed that the Hungarian government supports the NATO membership of Sweden,” Orban wrote on X, formerly Twitter. “I also stressed that we will continue to urge the Hungarian […]
MELBOURNE, Jan 24, 2024 (AFP) – India’s Rohan Bopanna will become the oldest number one in men’s doubles history after reaching the Australian Open semi-finals on Wednesday at the age of 43. Bopanna, who attributes his longevity to yoga, turned professional more than two decades ago and his previous highest ranking was third, which he reached in 2013. Wednesday’s win for Bopanna and Australian partner Matthew Ebden against Argentine pair Maximo Gonzalez and Andres Molteni […]
BAMAKO, Jan 24, 2024 (AFP) – More than 70 people have been killed after a tunnel collapsed at a Malian gold mining site last week, local sources told AFP Wednesday, the latest disaster in a region prone to mining accidents. Mali, which is among the world’s poorest countries, is one of Africa’s leading gold producers. Gold mining sites are regularly the scene of deadly landslides and authorities struggle to control artisanal mining of the precious […]
DOHA, Jan 24, 2024 (AFP) – Japan’s football association on Wednesday condemned the “shameful behaviour” of fans who racially abused Zion Suzuki online following the goalkeeper’s performances at the Asian Cup. Pre-tournament favourites Japan were beaten 2-1 by Iraq in the group phase on Friday in Doha with Suzuki responsible for one of the goals. The US-born 21-year-old, whose father is Ghanaian-American and whose mother is Japanese, said he was subsequently racially abused on social […]
DOHA, Jan 24, 2024 (AFP) – Qatar’s liquefied natural gas (LNG) deliveries may be delayed by attacks in the Red Sea, QatarEnergy warned on Wednesday, stressing that production had not been impacted. The state-owned giant confirmed in a statement that “Qatar’s LNG production continues uninterrupted, and our commitment to ensuring the reliable supply of LNG to our customers remains unwavering”. “While the ongoing developments in the Red Sea area may impact the scheduling of some […]
By Thanaporn Promyamyai, Montira Rungjirajittranon and Rose Troup Buchanan BANGKOK, Jan 24, 2024 (AFP) – Thailand’s Constitutional Court on Wednesday cleared thwarted prime ministerial candidate Pita Limjaroenrat of violating election law in a case that could have seen him banned from politics, reinstating him as an MP. The 43-year-old led the progressive Move Forward Party (MFP) to win the most votes in last year’s general election, but was blocked from becoming prime minister after he […]
MOSCOW, Jan 24, 2024 (AFP) – Russia on Wednesday accused Ukraine of shooting down a military transport plane carrying dozens of Ukrainian prisoners, killing everyone on board. Unverified videos on social media showed a large plane, purportedly in Russia’s western Belgorod region, falling from the sky on its side before crashing in a fireball. Russia’s defence ministry said the IL-76 plane was carrying 65 Ukrainian soldiers captured in Russia’s offensive, six crew and three escorts. […]
By Frankie Taggart with Danny Kemp in Washington MANCHESTER, United States, Jan 24, 2024 (AFP) – Get ready for round two: Donald Trump is set to face off with President Joe Biden for the White House once again after winning the New Hampshire primary, promising 10 months of extraordinary tension and bitterness. The only remaining challenger for the Republican presidential nomination, Nikki Haley, vowed to fight on — but her defeat on Tuesday left her […]
BEIJING, Jan 24, 2024 (AFP) – At least 39 people died and nine were receiving treatment for injuries Wednesday after a fire broke out at a store in the central Chinese province of Jiangxi, state media reported. “At 3:24 pm (0724 GMT) on January 24, a fire broke out on the below-ground level at a store… in Xinyu, Jiangxi,” the country’s state broadcaster CCTV reported. “Up until now, the accident has resulted in the death […]
SINGAPORE, Jan 24, 2024 (AFP) – More than 6,300 people fell prey to “fake friend” scams in Singapore last year and collectively lost an equivalent of nearly $16 million, according to police. Such scams involve contacting victims, pretending to be someone they know, and asking for financial assistance. The wealthy city-state has been hit with a surge in scams in recent years, with authorities issuing frequent warnings to the public against fresh schemes from criminals. […]
