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Hong Kong, China (AFP) The amount of vacant top-tier office space has more than doubled in Hong Kong over the last three years as companies downsize operations, researchers have found, warning that demand could remain soft even if pandemic controls are lifted. The data adds to warnings that Hong Kong’s lustre as a business hub has been dulled by political unrest and a subsequent crackdown. Pandemic curbs have also kept the city internationally isolated […]
SAMARCANDE, Uzbekistan (AFP) — Russia’s Vladimir Putin and China’s Xi Jinping gather with other Asian leaders in the ancient Silk Road city of Samarkand from Thursday for a regional summit touted as a challenge to Western global influence. Xi and Putin will be joined by the leaders of India, Pakistan, Turkey, Iran and several other countries for the meeting of the Shanghai Cooperation Organisation (SCO) in the Uzbek city on Thursday and Friday. The […]
London, United Kingdom (AFP) British energy giant Shell announced Thursday that chief executive Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan. Van Beurden, who will have been at the helm for nine years, will be succeeded by the head of integrated gas, renewables and energy solutions, Shell said in a statement. The outgoing CEO “can look back with great pride on an extraordinary […]
by John BIERS Agence France-Presse DETROIT, United States (AFP) — Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown Detroit that pointed to the staying power of gasoline-powered vehicles. The big reveal had been teased for months by company officials and organized as a celebration of the 58-year-old model. The event, organized for Ford employees and Mustang mavens, featured pulsating music, slickly produced videos on wide screens and a […]
Personal remittances for July 2022 reach $3.24 billion, while those for first 7 months of the year reach $20.33 billion (Eagle News) – The Bangko Sentral ng Pilipinas reported higher personal remittances from overseas Filipinas (OFs) for the first seven months of the year at US$20.33 billion, and for July 2022 at $3.24 billion. The cumulative personal remittances from January to July this year were higher by 2.7 percent compared to the same period […]
by Emmanuel PARISSE with Ania TSOUKANOVA in Kyiv Agence France-Presse KHARKIV REGION, Ukraine (AFP) — Ukrainian President Volodymyr Zelensky on Wednesday promised “victory” on a visit to the strategic city of Izyum that was recently recaptured from Russia by Kyiv’s army in a lightning counter-offensive. The visit came at a decisive moment in Russia’s six-month-old invasion, with Ukraine expelling Moscow’s forces from swathes of the east and seriously challenging the Kremlin’s ambition to capture the […]
by Mathias CENA Agence France-Presse YONAGUNI, Japan (AFP) — Life may seem tranquil on Japan’s remote Yonaguni island, where wild horses graze and tourists dive to spot hammerhead sharks, but China’s recent huge military exercises have rattled residents. The western island is just 110 kilometers (70 miles) from Taiwan, and a Chinese missile fired during the drills last month landed not far from Yonaguni’s shores. “Everyone is on edge,” Shigenori Takenishi, head of the island’s […]
SAN FRANCISCO, United States (AFP) – TikTok is serving up misinformation to users searching for news about politics, climate change, Covid-19, the war in Ukraine and more, according to a report released Wednesday. Toxicity and false claims are a “significant threat” at TikTok, which is becoming a go-to online venue for young people to search for information, according to a study by NewsGuard, a media watchdog. NewsGuard describes itself as a “journalism and technology tool” […]
KYIV, Ukraine (AFP) – Floods could hit the city of Kryvyi Rih in central Ukraine after a Russian strike damaged infrastructure causing the Inhulets River to flood, the Ukrainian presidency warned Wednesday. “At the point of impact, we have observed a water flow of 100 cubic meters per second, which is a large volume,” said Kyrylo Tymoshenko, deputy head of the president’s office. “The water level of the Inhulets River is changing every hour,” he […]
by Shaun Tandon and Camille Camdessus Agence France-Presse WASHINGTON, United States (AFP) — A Senate committee took the first step Wednesday toward the United States directly providing billions of dollars in military aid to Taiwan and making ties more official, ramping up support following soaring tensions with Beijing. The United States for decades has sold weapons to Taiwan but the new legislation will go further by providing US security assistance of $4.5 billion over four […]
STOCKHOLM, Sweden (AFP) – As leader of the far-right Sweden Democrats, Jimmie Akesson has steered his party from “pariah” to heavyweight whose support is indispensable if the right-wing bloc wants to govern after Sunday’s election. The anti-immigration Sweden Democrats soared to become the country’s second-biggest party in the legislative vote, garnering 20.6 percent with more than 99 percent of electoral districts counted. With his impeccably coiffed brown hair, glasses and neatly trimmed beard, the casually […]
MADRID, Spain (AFP) – Barcelona midfielder Gavi signed a contract extension until June 2026 with a release clause of one billion euros on Wednesday. The 18-year-old’s existing deal was set to expire at the end of the 2022-23 season. Gavi has become a key player for the club after breaking through in August 2021, shortly before being given his Spain debut by Luis Enrique in October 2021, becoming his country’s youngest ever player at senior […]
