Google lays off employees, shifts some roles abroad
At least 100 dead in Pakistan and Afghanistan as flooding continues
Jewel Changi Airport turns 5 years old with new light-and-music show, flagship store openings, floral displays
Russia's meat grinder soldiers – 50,000 confirmed dead
A dog dad, a best man and a workaholic: The New Yorkers too busy for Trump's trial
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- BusinessAFP News
IMF calls on EU to deepen single market integration to boost growth
Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday. Beyond deepening regional integration, the IMF report suggested other ways to boost flagging productivity levels, including by increasing digitalization and enacting structural reforms.
3-min read - NewsAFP News
Mideast enters new era with Israel strikes on Iran
After years of high-level US pressure on its ally to show restraint, Israel's purported attack on Iran takes the region and Western-led diplomacy into uncharted territory.Iran and Israel have long waged a shadow war, marked by assassinations of Tehran's nuclear scientists and attacks on Israel by the clerical state's allies in the Arab world such as Lebanon's Hezbollah, but the United States has put a top priority on preventing a wide-scale war.
4-min read - NewsAFP News
US fines Thailand-based firm $20 mn for Iran sanctions violations
The United States fined a Thailand-based firm $20 million on Friday for more than 450 possible Iran sanctions violations -- a day after Washington slapped fresh sanctions on Iran following last weekend's attack on Israel.The announcement comes a day after the United States and Britain announced widespread sanctions against Iran's military drone program in response to Tehran's large-scale attack against Israel over the weekend, which involved more than 300 drones and missiles.
2-min read - BusinessReuters
Amazon ad exec Aubrey steps aside for new role
(Reuters) -Amazon.com's advertising executive Colleen Aubrey, a member of the elite internal team advising the CEO, is moving to a new undisclosed position at the company. Spokeswoman Kristin Mariani said Aubrey's new position would be announced later. Aubrey is a member of the so-called "S-team," which counsels CEO Andy Jassy, and has worked at Amazon for nearly two decades.
1-min read - NewsAFP News
Man self-immolates outside Trump trial as jury selected
A man set himself on fire Friday outside the courthouse where at almost the same moment, full jury selection was completed in the unprecedented criminal trial of Donald Trump.The full jury of 12 New Yorkers and six alternates had just been completed when live television images suddenly turned to smoke gushing from what was reported to be a person on fire.
4-min read - BusinessReuters
Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday. Tether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely used in crypto-to-crypto trading. It has grown rapidly in recent years, hitting more than $100 billion worth of Tether tokens in circulation in March.
2-min read - BusinessAFP News
Advanced economies pledge $11 bn to boost World Bank lending
A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade, the development lender announced Friday.By leveraging the resources pledged, the bank should be able to provide up to $70 billion in new lending over a 10-year period.
1-min read
