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By AFP/Ali BekhtaouiG20 nations have agreed to work together to make the super-rich pay their taxes, but stopped short of a more substantial deal, according to a declaration adopted Friday after a meeting of finance ministers in Rio de Janeiro.The th...
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By AFP/Matthew WalshWorkers file through the glass doors of a quiet office in suburban Beijing, the unassuming targets of new US sanctions aimed at breaking their company's alleged links to North Korea's weapons programme.China is a key ally and econ...
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By AFPThe European Central Bank said Friday its first-ever test of lenders' response to a cyberattack revealed some deficiencies that eurozone financial institutions needed to work on."Overall, the stress test showed that banks have response and reco...
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By AFPThe US Federal Trade Commission on Tuesday said it was opening an inquiry into companies that use AI and personal data to help retailers set prices for consumers, potentially thwarting competition."Surveillance" or "dynamic" pricing methods are...
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By AFPThe world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.Despite this windfall, taxes on the rich...
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By AFP/Haitham El-TabeiFor Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheel drive favoured by motorists in the desert kingdom.The 39-year-old i...
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By AFP/Joe StensonChinese engineers and the Taliban government broke ground in Afghanistan on Wednesday on a project to mine the world's second-largest copper deposit after a 16-year delay caused by war.Surveyors estimate Mes Aynak, 40 kilometres (25...
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By AFP/Nathalie Alonso and Catherine HoursWith the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative.While that may brighten the mood of consumers whos...
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By AFP/Mathieu RABECHAULTGlobal aviation's biggest players gather at the UK's Farnborough airshow on Monday as the aerospace industry struggles to keep up with demand.Some 75,000 visitors and 1,200 exhibitors are expected to attend the five-day event...
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By AFPNigeria is fining Facebook and WhatsApp parent company Meta $220 million for "multiple and repeated" data violations.The country's Federal Competition and Consumer Protection Commission (FCCPC) on Friday accused Meta of violating the country's...
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By AFPAirlines expect overall passenger numbers to double over the next two decades from the 4.3 billion who flew last year, with growth led by emerging markets such as Asia Pacific and the Middle East, the main global airline body said Thursday.The...
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By AFP/Joseph BoyleAirlines, banks, TV channels and financial institutions were thrown into turmoil on Friday by one of the biggest IT crashes in recent years, caused by an update to an antivirus program.Air passengers crowded into airports to wait f...
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