The war in Ukraine is set to take the spotlight Tuesday as global business and political A-listers huddle in the Swiss Alpine village of Davos with the ambitious aim of uniting a "fragmented" world.. Ukrainian President Volodymyr Zelensky is set to make the first of three scheduled video appearances on Tuesday morning at a Ukraine-themed event on the sidelines of the forum.
The EU on Monday said it would take "decisive steps" to protect Europe in the face of massive US subsidies that have left the bloc scrambling to find a way to keep businesses on the continent.. Some EU members fear a hardline response by the EU to the IRA could provoke a trade war, while others worry a subsidy race within the bloc would benefit wealthier nations.
The EU's ombudsman on Monday said a graft scandal roiling the European Parliament must bring a cultural shift in the bloc's legislative system, to avoid similar alleged misdeeds happening in future.. The head of the European Parliament vowed Monday that MEPs will be subject to new rules against "corruption" and "foreign interference" after a graft scandal linked to Qatar and Morocco.
Jariatu Kargbo hauls a wooden spoon longer than her arm through a vat of rice as customers patiently wait their turn to buy lunch on the side of a busy road. . "We were buying a cup of rice for 1,500 leones ($0.08) in 2021 –- now its 3,500 leones," said Kargbo, who opened her business to support her six children after her husband died of Ebola in 2014.
Chinese tech giant Tencent said Monday it had fired more than a hundred employees for violating company policies, with some referred to police and later found guilty of bribery and embezzlement.. Those accused were found to have embezzled company funds and accepting bribes, it added, with a number referred to police and some found guilty in court.
Shares mostly rose in Asia on Monday following another rally on Wall Street fuelled by optimism over the world economy as inflation slows and China reopens to the world.. And there is growing optimism that the worst-case scenario of a so-called hard landing for the economy -- caused by soaring borrowing costs -- will not happen.
The father of a teenage girl who died in Britain after viewing harmful online content on Monday criticised the response of social media companies to a report aimed at preventing future tragedies.. In a "prevention of future deaths" report sent to the social media firms and the UK government, Walker urged a review of the algorithms used by the sites to provide content.
Carl Hahn, who headed the Volkswagen group during the German car giant's heyday in the 1980s, has died, a spokeswoman for the Carl and Marisa Hahn Foundation told AFP on Sunday.. He first worked at Volkswagen in North America and later completed a stint at tyre company Continental in Hanover before returning to the German group as chief executive. fec/rox
Know-it-all chatbots landed with a bang last year, convincing one engineer that machines had become sentient, spreading panic that industries could be wiped out, and creating fear of a cheating epidemic in schools and universities.. A group of Australian universities said they would change exam formats to banish AI tools, regarding them as straight-up cheating.
China's economic growth for 2022 is expected to have been among its weakest in four decades after the twin crises of the pandemic and property woes, analysts said ahead of Tuesday's GDP announcement.. The World Bank forecast China's GDP will rebound to 4.3 percent for 2023 -- still below expectations.
