Tech News

Major US highway reopens two weeks after overpass collapse

A section of one of America's busiest highways, which collapsed some two weeks ago after a fire, reopened Friday, officials said.. An overpass on Interstate 95 in Philadelphia collapsed on June 11 after a tanker crossing underneath burst into flames.

Dutch to shut Europe's biggest gas field after quakes

The Netherlands said Friday it would end production at Europe's largest gas field on October 1 after years of earthquakes, despite global energy worries sparked by Russia's war in Ukraine.. Although gas extraction from the field has been almost cut to zero over the last few years, the Dutch government kept the site operational due to the global energy uncertainties prompted largely by Russia's invasion of Ukraine in February 2022.

Cheers in Zambia after landmark debt deal

Hope and relief spread across Zambia on Friday after foreign lenders agreed to restructure part of the country's debt, a win for president Hakainde Hichilema who was elected on a promise to strengthen a buckling economy.. The country's total debt at the end of 2022 amounted to $32.8 billion, including the $18.6 billion owed to foreign lenders, according to finance ministry figures. 

Heathrow security staff call off summer strikes

Security officers at London's Heathrow Airport have called off strikes over the peak-demand summer months after voting to accept an improved pay offer, their union said Friday.. Unite general secretary Sharon Graham called it a "hard-won victory", while Heathrow said it was pleased the two-year above-inflation offer had been accepted.

Shipping emissions tax still stuck in port

Efforts by France to build a consensus for a global carbon tax on the shipping industry failed to produce significant results at a summit in Paris on Friday.. The shipping industry transports around 90 percent of traded goods worldwide and accounts for around three percent of global carbon emissions.

UK economy falters on cost-of-living crisis

UK private-sector growth has slowed to a three-month low as soaring interest rates and stubbornly high inflation fuelled by rising food prices worsens a cost-of-living crisis, data showed Friday.. - Retail slowdown - Separate data Friday showed UK retail sales growth slowed in May as soaring food prices hit shoppers hard.

Race on for protection against hypersonic missiles

Defence firms are racing to meet demand for systems to protect against attacks using tricky-to-intercept hypersonic missiles, with several on display at this week's Paris Air Show.. Countering such attacks means combining a detection system with a interceptor missile that can itself reach hypersonic speeds.

Cheers in Zambia after landmark debt deal

Jubilant lawmakers in Lusaka sang Zambia's national anthem on Friday after foreign lenders agreed to restructure part of the country's debt, a move that entrepreneurs said brought hope for the crippled economy.. Relief was palpable in the capital Lusaka, where legislators in parliament belted out the national anthem in celebration.

Eurozone economic growth slows sharply in June

Eurozone economic activity worsened in June to a five-month low, hit hard by a fall in industrial production, a keenly watched survey showed on Friday.. It noted the first fall in new business orders since January, slowing employment growth and pessimism over future production.

Kenyan president slams 'unfair' global lending system

Kenyan President William Ruto does not hold back when describing the global lending system: it is "unfair, it's punitive, it doesn't give everybody a fair chance".. French President Emmanuel Macron told the summit, which ends Friday, that the global financial system needs a jolt as "countries shouldn't ever have to choose between reducing poverty and protecting the planet".