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Davos founder Schwab cleared of misconduct by WEF probe
Davos founder Schwab cleared of misconduct by WEF probe

An investigation conducted by the World Economic Forum's board on Friday cleared the body's founder Klaus Schwab and his wife of wrongdoing, after a probe into whistleblower complaints. "Following a thorough review of all facts, the Board has concluded that ... there is no evidence of material wrongdoing by Klaus Schwab," the board announced.

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by  AFP

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Asia stocks mixed before US-Russia summit
Asia stocks mixed before US-Russia summit
by  AFP

Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine. Oil prices dipped, reversing gains on Thursday ahead of Trump's Alaska summit with Russian President Vladimir Putin on ending the Ukraine war.

Trump's tariffs drown Brazil's fish industry
Trump's tariffs drown Brazil's fish industry
by  AFP

When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Fider Pescados, Brazil's second biggest exporter of tilapia, manages 400 fish ponds along the Rio Grande in the southeastern state of Sao Paulo, the country's most populous and richest.

Japan posts modest growth despite US tariffs
Japan posts modest growth despite US tariffs
by  AFP

Japan eked out modest growth in the second quarter despite painful US tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba. The cabinet office data also saw a revision upwards for its reading for the previous quarter to show an expansion of 0.1 percent.

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