Friday, August 29, 2025
Economy
Libya and Italy sign slew of cooperation deals
Tripoli (AFP) - Libya and Italy signed several agreements on Tuesday covering sectors including development, investments and infrastructure, aiming to...
EU’s extra tariffs of up to 35.3% on Chinese EVs angers Beijing
Brussels (Belgium) (AFP) - The EU's decision to impose hefty tariffs on Chinese-made electric cars prompted anger from Beijing on...
World Bank expects oil glut to cause commodity price slump
Washington (AFP) - Global commodity prices should fall to a five-year low next year thanks to a huge oil glut,...
Oil giant BP reports drop in third-quarter net profit
London (AFP) - Britain's BP on Tuesday announced a sharp fall in net profit for the third quarter, with the...
Countdown to Busan: is a plastic pollution treaty in reach?
Bangkok (AFP) - Negotiators meet in less than a month to agree on the world's first treaty to end plastic...
Crisis-hit VW mulls closing at least three German plants
Frankfurt (Germany) (AFP) - Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens...
Crisis-hit VW eyeing plant closures, deep pay cuts: report
Frankfurt (Germany) (AFP) - Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the...
Indonesia bets on SE Asia’s first battery plant to become EV hub
Karawang (Indonesia) (AFP) - Rows of robotic arms move with precision to assemble nickel-based battery cells on the production line...
Moody’s cuts France outlook, opening door to credit downgrade
Washington (AFP) - Ratings agency Moody's downgraded France's outlook Friday, opening the door to a potential credit rating cut as...
France must make ‘credible’ progress on deficit: finance minister
Washington (AFP) - France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly...
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