On the teeming savannah of northwest Uganda, antelopes gaze beyond a metal fence as a giant rig is raised above cleared tracts of grasslands to make way for oil drilling.. French oil giant TotalEnergies, which is developing the Tilenga oilfield, will learn on Tuesday if a court in Paris agrees with accusations that it trampled on human rights and the environment in pursuit of fossil fuels in Uganda.
Swiss food giant Nestle will halt all production in Myanmar, a spokesperson said Monday, the latest firm to draw back from the country after a military coup two years ago.. A Myanmar firm would instead market and distribute Nestle products from Thailand, Malaysia and the Philippines, the spokesperson said.
An agreement between Britain and the European Union over post-Brexit trade rules in Northern Ireland appears imminent.. It keeps the province in the EU's single market and customs union, requiring oversight from European courts and mandating checks on goods arriving from mainland Britain.
Paris Fashion Week launched Monday with touches of scandal and grief, as Balenciaga tries to move past recent controversies while Vivienne Westwood and Paco Rabanne hold their first shows since their founders' deaths.. And the first Vivienne Westwood show since the dame's death in December will be held on Saturday.
Britain and the European Union were on Monday poised to agree a crucial overhaul of trade rules in Northern Ireland, in a breakthrough aimed at resetting strained relations since Brexit.. "I'm not sure he has achieved the objective of getting the DUP back into power-sharing, which is the fundamental point of it," he told broadcaster ITV. - Restore power-sharing - Disagreements about the protocol have dogged relations between Britain and the EU since Brexit rules came into effect in 2021 and are seen as hindering broader post-Brexit cooperation.
Chinese billionaire Bao Fan is "cooperating in an investigation" by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation's financial services industry. . His Hong Kong-listed firm said in a filing dated Sunday that it was now "aware that Mr. Bao is currently cooperating in an investigation being carried out by certain authorities" in mainland China.
Asian markets sank Monday following a Wall Street selloff, as forecast-beating US inflation data reinforced expectations the Federal Reserve would continue to ramp up interest rates for some time.. All three main indexes on Wall Street ended deep in the red Friday, and Asia followed suit on Monday.
The big beasts of the telecom industry will gather in Barcelona on Monday for their most important annual get-together, this year under the shadow of a severe slump across the technology sector.. Overall sales of smartphones last year slumped by 11.3 percent compared with 2021, according to the IDC consultancy.
Only a bold and ambitious UN treaty with sweeping reforms of the entire plastic life cycle can stem the world's waste crisis, experts said Monday.. "The findings highlight the level of ambition and the sense of urgency needed at the negotiation table," co-author Gillian Parker told AFP. - 'Not an impossible problem' - The report modelled the three policy approaches -- all under discussion at the UN talks -- covering the entire life cycle of plastic, from production to disposal.
Banks in Switzerland are holding a substantial amount of the millions of dollars Lebanese central bank chief Riad Salameh is accused of embezzling, Swiss media reported on Sunday.. Twelve Swiss banks have received a large part of the money he is alleged to have embezzled, estimated at up to $500 million, SonntagsZeitung reported on Sunday.
