Tech News

Shunned by youth, Morocco cosmetic oil craft faces uncertain future

Morocco's argan oil is highly prized by the cosmetics industry, yet it is now mostly produced by elderly workers, raising questions about how long the artisanal practice can continue.. But today, she says, "I really fear that the artisanal production of argan oil might disappear".

Tesla posts disappointing deliveries for 2022

Tesla said Monday it had delivered 1.31 million electric vehicles in 2022 -- a record for the US automaker and a 40 percent jump from a year before, but still short of its own and Wall Street's expectations.. After soaring on Wall Street in 2020 and 2021, Tesla shares plummeted 65 percent in 2022. jum/sst/des

European markets start New Year on high note

European stock markets started the New Year on a high note on Monday after a rough 2022 but the IMF chief warned that a third of the world economy faces recession in 2023.. "We expect one third of the world economy to be in recession," Georgieva said. - 'very severely hit' - Although the United States may avoid it, she said half of the 27-nation European Union will be in recession in 2023 as the bloc is "very severely hit" by the Ukraine conflict.

European gas prices fall to lowest level since Ukraine war

Europe's wholesale natural gas prices fell Monday to their lowest level since Russia invaded Ukraine, which had driven them to a record high last year.. But prices have been falling since then, hitting 73 euros on Monday -- 50 percent down from a month ago and the lowest level since before the war on February 21.

AI infused everything on show at CES gadget extravaganza

The latest leaps in artificial intelligence in everything from cars, robots to appliances will be on full display at the annual Consumer Electronics Show (CES) opening Thursday in Las Vegas.. Electric vehicles enhanced with artificial intelligence will also be on display "in a big way," Greengart said.

War-themed video game fuels wave of misinformation

Troops battle through burning streets.. In a live broadcast in November, Romania TV wrongly presented an old Arma 3 video as battle footage from Ukraine, and a former Romanian defense minister and former intelligence chief offered their analysis of the footage as if it were real.

Canada bans most foreigners from buying homes

A ban on foreigners buying residential property in Canada took effect on Sunday, aiming to make more homes available to locals facing a housing crunch.. Many experts have also said the ban on foreign buyers -- who accounted for less than five percent of home ownership in Canada, according to the national statistical agency -- would not have the desired effect of making homes more affordable.

Thousands stranded at Philippine airports due to technical glitch

Thousands of travellers were stranded at Philippine airports on Sunday after a "loss of communication" at the country's busiest hub in Manila forced hundreds of flights to be cancelled, delayed or diverted.. More than 280 flights in and out of Manila were cancelled, diverted or delayed, affecting around 56,000 passengers.

Croatia set to enter euro, borderless Europe club

Croatia was counting down the hours on Saturday ahead of a switch to the euro and entry into Europe's passport-free zone -- two major milestones for the country after joining the EU nearly a decade ago.. It will also be the 27th nation in the passport-free Schengen zone, the world's largest, which enables more than 400 million people to move freely around its members.

China's Xi says 'light of hope in front of us' on Covid

President Xi Jinping said Saturday the "light of hope is right in front of us" as China faces an explosion of Covid-19 cases after an abrupt lifting of restrictions.. Everyone is working resolutely, and the light of hope is right in front of us," Xi said in a televised address for the New Year.