Tech News

London Design Biennale explores design-led collaboration

The fourth edition of the London Design Biennale opened in the British capital on Thursday, bringing together exhibitors from around the globe, invited to explore new forms of collaboration through design.. "What you're seeing is how to make the world a better place through the lens of design," director Victoria Broackes told AFP at the opening of the international exhibition.

Biden and top Republican McCarthy -- odd couple who saved US economy

Like bomb squad technicians who just snipped the last wire on a ticking device, Joe Biden and top Republican Kevin McCarthy are breathing a sigh of relief after reaching a deal on the US debt ceiling.. As for McCarthy, detractors saw him as a lightweight beholden to Republicans who'd taken the debt ceiling hostage in a bid to humiliate Biden into cutting many of the Democrats' most cherished spending programs.

US and Taiwan ink trade deal as China issues warning

The United States and Taiwan signed a trade deal Thursday aimed at deepening economic relations between both sides -- in a move that has sparked a warning from Beijing.. Taiwan will continue to move towards a comprehensive FTA (free trade agreement) with the United States to ensure Taiwan's economic security," he added.

Firms withheld pesticide toxicity data from EU: study

Several major agrochemical companies did not disclose to European Union authorities studies assessing the toxic effects of pesticide ingredients on brain development, research said on Thursday.. - 'Protecting brains of our children' - A spokesperson for the European Food Safety Authority (EFSA) said stronger legislation in this area came into force in 2021, which requires companies to share "all safety studies" about their products.

Brazil economy posts better-than-expected growth in Q1

Brazil's economy grew a stronger-than-expected 1.9 percent in the first quarter, according to official figures released Thursday, welcome news for leftist President Luiz Inacio Lula da Silva as he looks to jump-start growth.. The expansion, led by strong growth of 21.6 percent in the key agricultural sector, marked a rebound for Latin America's biggest economy, which contracted by a revised 0.1 percent in the fourth quarter of 2022 -- the last under far-right ex-president Jair Bolsonaro.

Entertainment industry struggles with 215 bn piracy site visits

Anti-piracy authorities say they have cracked down on illegal streaming of film and TV, but data suggests it is booming, reaching 215 billion illegal site visits last year. . That figure from Britain-based MUSO, which claims the most comprehensive data on piracy websites, shows an 18-percent increase between 2021 and 2022, covering 480,000 films and TV shows. 

Pakistan inflation rockets to record 37.97 percent

Pakistan's year-on-year inflation hit a record 37.97 percent in May, official data revealed Thursday, with the nation on the brink of economic collapse and crucial bailout talks stalled.. Non-perishable foods and transport costs climbed more than 50 percent over May 2022, while average inflation for the past 12 months was 29.16 percent, the latest Pakistan Bureau of Statistics data showed.

Boeing's 1st priority is current certifications before new jet

Boeing will focus on successfully completing plane certifications, shoring up its supply chain and improving technologies in development before launching a new plane model, said Chief Executive Dave Calhoun.. Boeing currently has three commercial aircraft at various stages of the certification process.

Hong Kong launches retail-friendly rules for crypto exchanges

Hong Kong rolled out new rules on Thursday allowing licensed cryptocurrency exchanges to service retail customers, bucking the global trend of tightening rules after last year's market crash.. The regulatory regime launched Thursday means that after a one-year transition period, all crypto exchanges in Hong Kong must be licensed, and will be able to take on retail clients.

Renewable energy capacity additions to hit record: IEA

Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy security concerns fuelled the deployment of solar and wind systems, the International Energy Agency said Thursday.. Newly installed solar and wind capacity is estimated to have save EU electricity consumers 100 billion euros ($107 billion) between 2021-2023 by displacing costlier fossil fuels, according to the agency, which advises developed nations.