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  • NewsAFP News

    EU opens probe into China's medical device market

    The European Union on Wednesday announced a probe into China's medical devices market, prompting an immediate accusation from Beijing that the bloc was engaging in "protectionism".China's medical devices market is the second largest after the United States, worth around 135 billion euros in 2022 ($145 billion), according to a 2023 report by China-focused think tank MERICS. The EU probe is the first under the bloc's International Procurement Instrument which seeks to promote reciprocity in access

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  • NewsAFP News

    Israel pummels Gaza after US Congress approves military aid

    Israel pounded Gaza with air strikes and artillery fire in its war against  Hamas on Wednesday after the US Congress approved $13 billion in military aid.Early Wednesday, hospital and security sources in Gaza reported Israeli air strikes in Rafah, as well as the central Nuseirat refugee camp.

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  • NewsAFP News

    Russian deputy defence minister held over bribery accusations

    A Russian deputy defence minister exposed in an investigation by late opposition leader Alexei Navalny's team was remanded in custody Wednesday on suspicion of taking large bribes.He faces up to 15 years in prison for bribe-taking "on a particularly large scale", it added.

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  • BusinessAFP News

    Record-breaking London stocks spearhead global rally

    London's stock market zoomed to another record peak Wednesday, in a broad-based global rally fuelled by easing Middle East tensions, bright earnings and hopes of falling interest rates as inflation slows.Hopes for a strong batch of earnings -- particularly from the crucial tech titans -- has been a key driver of the rally in stocks, helping to offset disappointment that the Federal Reserve will not cut interest rates as much as hoped this year.

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  • BusinessReuters

    UK watchdog seeks views on Microsoft's and Amazon's AI partnerships

    The Competition and Markets Authority said it was also seeking comments on Microsoft's hiring of former employees of Inflection AI and related arrangements. This forms the first part of its information gathering process and comes before the start of a formal investigation. "The CMA is also considering feedback received earlier this year on Microsoft's partnership with OpenAI and is currently waiting for information it has requested from the firms," it said.

    1-min read
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  • NewsAFP News

    Iran cuts Syria presence after strikes blamed on Israel: monitor

    Iran has reduced its military footprint in Syria after a succession of strikes blamed on Israel, a source close to Iran-backed militant group Hezbollah and a war monitor said Wednesday.But Iran had already begun drawing down its forces after a January 20 strike that killed five Revolutionary Guards in Damascus, including their Syria intelligence chief and his deputy, the source close to Hezbollah said.

    2-min read
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  • PoliticsAFP News

    Biden pledges swift weapons delivery to Ukraine

    US President Joe Biden vowed to send fresh weapons to Ukraine within days as he prepared to sign on Wednesday an aid package including $61 billion meant to help Kyiv's forces push back against Russia.- Aid 'within days' - A Pentagon spokesperson told reporters Tuesday it could deliver fresh aid to Ukraine "within days."

    3-min read
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