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Italy's fast fashion hub becomes Chinese mafia battlefield
When Zhang Dayong lay in a pool of blood on a sidewalk in Rome after being shot six times, few suspected a link to Italy's storied textile hub of Prato. Zhang Dayong, the man killed in Rome alongside his girlfriend in April, was Zhang Naizhong's deputy.
AI search pushing an already weakened media ecosystem to the brink
Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news sites of visitors and impacting the advertising revenue they desperately need, in a crushing blow to an industry already fighting for survival.
UK lenders face $12 bn plus compensation bill despite court ruling: watchdog
British finance firms behind high interest car loans could have to pay out more than nine billion pounds ($12 billion) in compensation despite the country's highest court ruling that most of the controversial deals were lawful, a financial watchdog said Sunday. "It is clear that some firms have broken the law and our rules.
US trade advisor says Trump tariff rates unlikely to change
New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levies against Brazil. "These tariff rates are pretty much set."
Eight OPEC+ countries raise production by 547,000 bpd
Saudi Arabia, Russia and six key members of the OPEC+ alliance said Sunday they will increase production by 547,000 barrels a day in a move which analysts say aims to regain market share amid resilient crude prices.
OPEC+ slated to increase oil output in bid to regain market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance are expected to further hike oil production in a meeting Sunday, a move analysts say is aimed at regaining market share amid resilient crude prices.
Rescuers recover body of trapped worker at Chile copper mine
One of five miners trapped after a partial collapse at the world's largest underground copper mine has been found dead, Chile's state-owned Codelco group announced Saturday. Chile is the world's largest copper producer, responsible for nearly a quarter of global supply with about 5.3 million metric tonnes (5.8 million tons) in 2024.
Sensible and steely: how Mexico's Sheinbaum has dealt with Trump
A combination of tact and tenacity is credited for Mexican President Claudia Sheinbaum's successful dealings with US counterpart Donald Trump, most recently convincing him to delay a sky-high import tariff meant to come into effect Friday. On Thursday, Trump agreed to delay by 90 days a 30 percent general tariff on imported Mexican goods, just hours before it was to take effect.
Brazilians burn Trump effigies as tariffs spark anger
Brazilians set fire to effigies of Donald Trump in protests across several cities Friday, denouncing the US president's politically motivated trade tariffs. Trump also signed an executive order slapping 50 percent tariffs on Brazilian imports, citing Bolsonaro's "politically motivated persecution."
AFP
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