Tech News

Britain's fresh produce shortages serve up blame game

Shortages of fruit and vegetables -- from broccoli, cucumbers and lettuce, to tomatoes, peppers and raspberries -- have served up a blame game in Britain.. Experts meanwhile believe the problem runs deeper than merely bad growing conditions in key fruit and vegetable producers Spain and Morocco.

Time US adults spend on TikTok closes in on Netflix: market tracker

TikTok is closing in on streaming giant Netflix when it comes to the amount of time US adults spend on the platforms, according to a report released Thursday by Insider Intelligence.. "The amount of time US adult TikTok users spend on the app is rising quickly," the market tracker said in the report.

Petrobras posts record profits for 2022

Brazil's state oil company Petrobras has reported record profits of 188 billion reais (about $36 billion) in 2022, due mainly to the global rise in fuel prices.. In the fourth quarter of 2022, Petrobras posted net profit of 43.3 billion reais, down six percent from the previous quarter.

Ford to resume F-150 Lightning manufacturing on March 13

Ford will resume production on its F-150 Lightning electric truck on March 13 after a battery fire in early February suspended operations, the company said Thursday.. Ford halted production soon after the February 4 fire, which involved a pickup truck that was undergoing standard inspection.

Norway apologises for 'illegal' wind farms on indigenous land

Norway's government on Thursday apologised to indigenous Sami reindeer herders affected by wind farms that were declared illegal after they were built, following a week of protests by activists.. "I have apologised on behalf of the government to the reindeer farms in Fosen for the fact that the permits involve a violation of human rights," Petroleum and Energy Minister Terje Aasland said at a joint press conference on Thursday with the speaker of the Sami parliament.

UK's Johnson says 'difficult' to back new N.Irish Brexit deal

Former UK prime minister Boris Johnson said Thursday he would find it "very difficult" to vote for successor Rishi Sunak's new EU deal overhauling post-Brexit trade rules in Northern Ireland.. As prime minister, Johnson rammed through the old "Northern Ireland Protocol" in his rush to withdraw Britain from the EU. He admitted in his speech that that set of trading rules, now supplanted by Sunak's deal, had proved problematic, although he also blamed the EU's "onerous" checks on goods entering Northern Ireland.

UK's Johnson says 'difficult' to back new N.Irish Brexit deal

Former UK prime minister Boris Johnson said Thursday he would find it "very difficult" to vote for successor Rishi Sunak's new EU deal overhauling post-Brexit trade rules in Northern Ireland.. As prime minister, Johnson rammed through the old "Northern Ireland Protocol" in his rush to withdraw Britain from the EU.  He admitted in his speech that the set of trading rules, now supplanted by Sunak's deal, had proved problematic.

More interest rate hikes may be needed, says ECB's Lagarde

More interest rate increases may be needed beyond the one coming later this month, European Central Bank president Christine Lagarde said Thursday, as inflation in the eurozone remains stubbornly high.. The eurozone's annual inflation rate stood at 8.5 percent in February, the EU's statistics agency Eurostat said Thursday, down from 8.6 percent in January.

Chips industry goes all-in on AI

It's been a wild few years for the microchip industry, recovering from a long-term supply squeeze only to be thrust into the centre of a US-China battle to control supply lines of the valuable technology.. But an industry long associated with volatility is quietly getting excited that artificial intelligence (AI) could be the key to some longer-term stability.

Lufthansa keeps CEO Spohr on for another five years

Lufthansa CEO Carsten Spohr, who steered the airline back from the brink of bankruptcy during the pandemic, will see his contract extended by another five years, the group said Thursday.. Lufthansa's supervisory board on Thursday also agreed to extend the contract of chief financial officer Remco Steenbergen by another five years. jpl-mfp/hmn/kjm