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Asian markets mostly fell on Friday as Donald Trump shocked the world by pulling out of next month’s historic summit with Kim Jong Un, though analysts said the losses were tempered by hopes the talks can be rekindled. Traders had already been nervous in recent days after the US president warned he could pull out of the June 12 meeting with the North Korean leader, while also voicing his displeasure at a deal to […]
by Emmeline Moore © Agence France-Presse MILAN, Italy (AFP) — Olympic figure skating champion Alina Zagitova, who stunned in Pyeongchang four weeks ago, again left the crowd speechless in Milan on Friday but for a different reason — delivering a free skate in which she struggled to stay on her feet. The 15-year-old fell three times to finish fifth at the world championships, ending her bid for a sweep of all the major titles in […]
by Emmeline Moore © Agence France-Presse MILAN, Italy (AFP) — Italian veteran Carolina Kostner outshone newly-crowned Olympic champion Alina Zagitova to grab a slender lead after the women’s short programme at the world figure skating championships in Milan on Wednesday. Zagitova, 15, bidding to top a golden debut to her first senior season in which she has won every competition, including gold in Pyeongchang four weeks ago, trails the 31-year-old Italian by a slim […]
NEW YORK, United States (AFP) — US stocks rose following a more placid session in terms of national politics on Friday, while European equities were boosted by data showing modest eurozone inflation. US equities have been pressured this week amid talk of additional US tariffs and as President Donald Trump has shaken up his Cabinet, moving to replace Rex Tillerson as secretary of state with current CIA Director Mike Pompeo. White House watchers are girding […]
APELDOORN, Netherlands (AFP) — Australia’s Matthew Glaetzer was crowned king of the sprint on Saturday when he swept past Britain’s Jack Carlin 2-0 in the final at the track world championships. Glaetzer, 25, arrived in the Netherlands claiming to be in “the form of my life” after becoming the first man to dip below the one-minute barrier in a kilometre race staged at sea level in Manchester last year. However, he wasn’t the only headline […]
NEW YORK, United States (AFP) — Stock markets wavered on Wednesday on surprisingly strong American inflation data, but rallied to finish higher in both Europe and the US. European equity markets briefly tumbled into the red, as the US pricing data fueled expectations that borrowing costs might be ramped up more aggressively than previously thought. US stocks also sold off, opening lower, but soon moving into positive territory and finishing solidly higher. The S&P 500 gained 1.3 percent […]
HONG KONG (AFP) – Tokyo led most Asian markets lower on Wednesday, extending the previous day’s losses while nervous investors await the release of key US inflation data later in the day fearing a renewal of recent volatility. While Hong Kong and Seoul clocked up healthy gains following a positive lead from Wall Street, uncertainty continues across trading floors after the pain of last week. Tokyo, which ended Tuesday at a four-month low, fell again with […]
NEW YORK, United States (AFP) — Most stock markets around the world pushed higher Tuesday on investor relief over the end of the US government shutdown, dealers said. Leading bourses in Asia climbed more than one percent, while the S&P 500 and Nasdaq finished at records for the third straight day. “A resolution to the US government shutdown has helped boost Asian and European indices,” said IG analyst Joshua Mahony. “However, with a short-term solution in place, […]
ABERDEENSHIRE, Scotland (Reuters) — Norway’s Statoil expects floating wind power costs to fall to 40-60 euros per megawatt-hour (MWh) by 2030, the company said on Wednesday (October 18) after launching the first floating wind farm off Scotland. The 2-billion-crown ($251.34 million) Hywind pilot project will generate power at a cost of nearly 190 pounds ($250.12) per megawatt-hour (MWh), four times the current UK market price. The 30-megawatt-(MW)-capacity project has been granted support under Britain’s Renewable […]
MIAMI, United States (AFP) — Wind farms in the open ocean can generate far more renewable energy than those on land, possibly enough to power the whole world, said a US study on Monday. Researchers at the Carnegie Institution for Science found that higher wind speeds over the open seas could produce five times as much energy as wind turbines over land. While no commercial-scale deep water wind farms exist at present, the findings suggest […]
by Ben Perry Agence France-Presse NEW YORK, United States (AFP) — European stock markets were mixed Monday as investors were looking for fresh clues on Brexit talks from a speech by embattled British Prime Minister Theresa May. The euro meanwhile held firm in the face of mounting pressure against Catalonia’s push to break away from Spain, while US stocks retreated as a nine-day streak of Nasdaq gains ended. In an address to parliament, May said she expected “leadership […]
LONDON, England (AFP) — Music piracy is on the increase worldwide, with 40 percent of users are accessing unlicensed music, up from 35 percent last year, the global recorded music industry group IFPI said. Internet search engines are making piracy easier, the International Federation of the Phonographic Industry (IFPI) said in a report on Tuesday, calling for government action. The increase in piracy follows a slump in recent years when policing of the digital music landscape […]
