Posts by Amelia Frost
Renault Revs Up Profitability In 2024
Renault confirmed on Thursday it defied headwinds in the car industry by boosting revenue and attaining record profitability in 2024 thanks to the success of its new line up of vehicles, although net profit sank as it scaled back its partnership with Nissan. The group, which also includes the budget Dacia brand and sportscar Alpine,…
Read MoreAmerican Conservatives Gather To Savor Trump’s Triumph
Newly-energized American conservative leaders and activists will gather on the outskirts of the capital Washington on Thursday for an annual three-day conference set to celebrate US President Donald Trump’s return to power. With international allies like Argentina’s President Javier Milei and Britain’s Nigel Farage in attendance, Vice President JD Vance will kick off the Conservative…
Read MoreTrump Says Trade Deal With China ‘Possible’
US President Donald Trump suggested on Wednesday that a trade deal was “possible” with China — a key target in the US leader’s tariffs policy. In 2020, the United States had already agreed to “a great trade deal with China” and a new deal was “possible,” Trump told reporters. Asked about the comments, Beijing’s foreign…
Read MoreMercedes-Benz Profits Plunge As German Carmakers Reel
Mercedes-Benz said Thursday it planned hefty cost cuts after its 2024 profits plunged by almost a third amid a slump in China and weak electric car sales, as Germany’s auto sector reels. The German auto giant’s net profit fell 28 percent from the previous year to 10.4 billion euros ($10.8 billion), while revenues also slid…
Read MoreSri Lanka Train Derailed After Smashing Into Elephants
A Sri Lankan passenger train derailed Thursday after smashing into a family of elephants, with no passengers injured but six animals killed in the island’s worst such wildlife accident, police said. The express train was travelling near a wildlife reserve at Habarana, some 180 kilometres (110 miles) east of the capital Colombo, when it hit…
Read MoreDelta Offers $30,000 to Passengers on Plane That Crashed in Toronto
Delta Air Lines said on Wednesday that it was offering $30,000 to each passenger who was aboard the flight from Minneapolis that crashed and flipped upside down this week while trying to land in Toronto. All 80 people — 76 passengers and four crew members — who were on Delta Flight 4819 survived after the…
Read MoreG20 Foreign Ministers Meet In South Africa Without US On Board
Top diplomats from the Group of 20 major economies will convene in South Africa on Thursday for a meeting dominated by a packed global agenda but overshadowed by a snub by the top US envoy. As a curtain-raiser to the G20 summit in November, the foreign ministers will gather for talks over two days, held…
Read MoreCambodian Farmers Risk Lives For Rice As US Freezes Demining Aid
Eleven-year-old Yeat Saly lies in a hospital bed, a piece of shrapnel lodged in his forehead — one of the many injuries inflicted by an old mortar he found near his village in Cambodia. Parts of the kingdom are still littered with unexploded ordnance from decades of conflict, but US President Donald Trump’s decision to…
Read MoreInterest Rate Cuts on Hold Until Inflation Improves, Fed Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to be a long one. A record of the central bank’s Jan. 28-29 meeting, released on Wednesday, showed that officials have not written off rate cuts completely, and they still expect to lower…
Read MoreDelta Offers $30,000 Each To Toronto Plane Crash Passengers
A fireball and thick plumes of black smoke engulfed the plane as it skidded to a halt on its roof AFP US airline Delta will offer $30,000 to each passenger on a plane that crashed as it landed at Toronto airport this week, the carrier told AFP on Wednesday. “This gesture has no strings attached…
Read MoreOz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks
Since 2023, Dr. Mehmet Oz, the celebrity doctor nominated by President Trump to head the Centers for Medicare and Medicaid Services, has been a high-priced pitchman for iHerb, a California supplement retailer. He has aggressively promoted iHerb products on social media, recommending supplements that he says will stimulate hair growth and provide smoother skin. Olive…
Read MoreAfter Rocky Road, Havana’s ‘Cathedral Of Ice Cream’ Back In From The Cold
For three months, residents of Havana were deprived of a rare affordable treat when their beloved state-owned Coppelia ice cream parlor closed its doors — another victim of tough economic times. Now reopened, it boasts not only new flavors, but also an updated price list that — despite a 60-percent government subsidy — may freeze…
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