Tech News

EU, Kenya reach trade deal in boost to Brussels' Africa ties

The European Union and Kenya signed a trade deal Monday in a coup for Brussels as it seeks deeper economic ties with Africa in the face of competition from China.. "Today is a very proud moment for Kenya, and I believe a very proud moment for the European Union," Kenyan Trade Minister Moses Kuria said after signing the accord with EU Trade Commissioner Valdis Dombrovskis.

Paris Air Show back with climate, defence in focus

The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.. The aerospace industry is flocking back to Le Bourget airport outside Paris, as aircraft makers field hundreds of orders and airlines brace for a near-record number of passengers this year.

Paris summit to push for global debt and climate reform

World leaders will gather in Paris this week with ambitions to reimagine global financing for a new era shaped by climate change, as a cascade of crises swamps debt-burdened countries. . Ajay Banga is also expected in Paris, in his first international meeting since taking the helm of the World Bank, promising to embrace change.

Asian markets fail to build on rally with eye on China policy

Markets saw a limp start Monday as traders turned more cautious after last week's rally, with eyes on China as speculation grows that officials will unveil a raft of economic stimulus measures.. Traders are also keeping tabs on comments from Fed officials after last week's decision to hold rates.

Under-threat UK balti restaurants keep calm and curry on

They gave their name to an area of Britain's second city but Birmingham's celebrated balti restaurants are facing a battle to survive.. "Even though the restaurants are in decline in the area, we are still going positive and looking on the up." mhc/phz/gil

Paris Fashion Week looks to future with Pharrell Williams debut

The debut of multi-talented star Pharrell Williams at Louis Vuitton is the hottest ticket at Paris Fashion Week as it kicks off on Tuesday, seen as a significant moment in the evolution of the multi-billion-dollar industry. . "There are several talents in Paris who are following this idea of non-gendered fashion.

Europeans scramble on air defence after decades of complacency

The intensity of the drone and missile war in Ukraine has laid bare gaps in European states' air defences that experts say will be difficult, time-consuming and costly to plug.. But NATO countries have been turning to air defence again in recent years as more states have acquired cruise missiles, short-range ballistic missiles and drones, said Mark Cancian, a retired US marine colonel who is a senior adviser at the US-based Center for Strategic and International Studies (CSIS).

Binance to repatriate US customer funds as legal woes mount

Binance has agreed to repatriate its US customers' assets pending a massive lawsuit against the world's largest crypto exchange, the US Securities and Exchange Commission said Saturday, adding that it will secure the funds.. Binance and its boss Changpeng Zhao have "agreed to repatriate to the United States assets held for the benefit of customers of the Binance.