EU plans to slash red tape for medium-sized companies
The EU unveiled plans Wednesday to cut red tape for medium-sized companies and abolish barriers for businesses to sell goods across the bloc as part of its efforts to catch up with China and the United States. The European Union wants to make doing business in the 27-country bloc easier and attract investment, as US President […]
Ryanair annual profit drops 16% as fares fall
Irish no-frills carrier Ryanair on Monday said net profit fell 16 percent in its financial year as it cut ticket prices to boost passenger numbers. Profit after tax slid to 1.61 billion euros ($1.8 billion) in the 12 months to the end of March for the airline that flies mostly across Europe, Ryanair said in […]
Pope Leo XIV says choice of name reflects social commitment
Pope Leo XIV said Saturday he intended to follow his predecessor’s path as pontiff, praising Francis’s “complete dedication to service” and explaining his name choice reflected a commitment to social causes, according to the Vatican. Addressing a meeting of cardinals two days after being elected the 267th pope, Chicago-born Robert Francis Prevost said a pontiff […]
Global chip giants converge on Taiwan for Computex
Global semiconductor chip giants will gather at Taiwan’s top tech expo this week to showcase “the next frontier” for an industry dominated by artificial intelligence. Nvidia boss Jensen Huang will make a keynote speech on Monday, the eve of Computex, as the tech sector grapples with the impact of US tariffs and disrupted supply chains. […]
CBS News boss resigns amid tensions with Trump admin
The CEO of CBS News, one of America’s best-known broadcast media outlets, quit Monday citing a “challenging” last few months as the network became embroiled in legal and business tensions with the Trump administration. US President Donald Trump is suing CBS owner and media giant Paramount for $20 billion in damages over the contents of […]
TikTok Shop fraudulent seller warning issued
TikTok has become one of the biggest social media platforms, and the introduction of TikTok Shop has increased this popularity further. Yet this comes with risks. Market research company GWI, as requested by 1000 Mines, has revealed that a surprisngly high 58% of TikTok users shop directly on the app, putting a lot of users at risk of […]
Measles roars back in the US, topping 1,000 cases
The United States’ measles outbreak has surpassed 1,000 confirmed cases with three deaths so far, state and local data showed Friday, marking a stark resurgence of a vaccine-preventable disease that the nation once declared eliminated. The surge comes as Health Secretary Robert F. Kennedy Jr. continues to undermine confidence in the measles, mumps, and rubella […]
India tells X to block over 8,000 accounts
India has ordered X to block more than 8,000 accounts, the platform said Thursday, adding that it was reluctantly complying with what it described as government-imposed “censorship.” The move appears to be part of India’s sweeping crackdown targeting social media accounts of Pakistani politicians, celebrities and media organizations amid heightened tensions and deadly confrontations between […]
Japan rice prices soar as core inflation accelerates
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world’s number four economy. The price of the grain has soared in recent months, prompting Japan’s government to release some of its emergency stockpile into the market. Excluding fresh food, […]
China’s manufacturing backbone feels Trump trade war pinch
Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week — with some fearing business may never return. China’s vast southern province of Guangdong, crisscrossed with factories making everything from clothing to electronics, has long been the country’s biggest manufacturing hub. For decades, […]
