AFP news

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US, Japan Conduct Joint Naval Drills

Washington and Beijing are at loggerheads over a raft of issues, from chips to tariffs, but both have been alarmed by the growing assertiveness of China's military in the Pacific.

Shell Profit Tumbles On Lower Oil Prices

Post-tax profit slumped 54 percent after reaching an all-time high of $42.3 billion in 2022, when energy producer Russia's invasion of Ukraine sent oil and gas prices soaring, boosting earnings across the industry.

Mexico President Rejects Drug Cartel Funding Claims

Mexican President Andres Manuel Lopez Obrador on Wednesday vehemently rejected claims that drug traffickers helped to fund his first presidential campaign in 2006, describing the allegations as "completely false."

Facebook, The Social Network Old-timer, Turns 20

Founded 20 years ago as a simple hangout spot for young people, Facebook has since become a battle-hardened behemoth that -- despite perceptions of being for boomers and parents -- continues growing and growing.

Hong Kong Convicts Four Over 2019 Legislature Storming

Four Hong Kong men were convicted of rioting Thursday over the storming and ransacking of the city's legislature in 2019, part of a pro-democracy movement that posed an unprecedented challenge to the Beijing-backed government.

Hamas Head Due In Cairo For Truce Talks

Hamas was reviewing a proposal for a six-week truce in its war with Israel, a source told AFP, after mediators gathered in Paris, with international efforts towards a new pause in the devastating war gathering pace.

Broadway Legend Chita Rivera Dead At 91

Chita Rivera, who electrified Broadway stages over six decades in shows including "West Side Story" and "Chicago" as one of the foremost entertainers of her generation, died Tuesday at age 91, her publicist said.

Microsoft, Google Ride AI Wave As Revenues Surge

The tech titans have made big bets on generative AI, with their cloud computing divisions seeing a boost in demand as clients seek the hefty -- and more expensive - computing power that drives the technology.

US Judge Voids Elon Musk's $56 Billion Tesla Compensation

The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 humongous compensation agreement worth as much as $55.8 billion.

The $12.5 Billion Fraud That Has Shocked Vietnam

Now, property tycoon Truong My Lan is facing a trial in the country's biggest ever fraud case, accused of embezzling $12.5 billion by investigators after being arrested in a national corruption crackdown analysts say has hit the economy and unsettled foreign investors.

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