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Paris landmark Moulin Rouge's windmill sails collapse
The sails of the windmill above the Moulin Rouge cabaret, one of the most famous landmarks in Paris, collapsed overnight, with its operator saying there was no foul play."I hope they repair it soon," he added. - 600,000 visitors annually - The Moulin Rouge, with its distinctive red windmill sails built of wood and metal, is located in northern Paris and is one of the most visited landmarks in the city.
3-min read - BusinessAFP News
NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises
Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report."Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts... in order to end coal finance for good," said Daniel Willis, finance campaigner at NGO Recourse.
2-min read - BusinessReuters
IBM falls as enterprise-spending constraints choke consulting demand
Weakness in smaller discretionary projects affected the consulting segment, but analysts at J.P.Morgan said the backlog could help reaccelerate the business through 2024. "Although software acceleration is encouraging, this was offset by more significant-than-expected deterioration of Consulting, along with incremental FX headwinds expected for the rest of the year," analysts at J.P.Morgan said. IBM's software business grew 5.5% in the quarter and the company announced a $6.4 billion deal to b
1-min read - BusinessAFP News
Car giants vie for EV crown at Beijing's Auto China show
Chinese car giants locked in a cut-throat price war descended on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.Beijing's Auto China show, which lasts until May 4, sees dozens of firms square off in a bid to draw customers at one of the country's biggest car shows.
4-min read - NewsReuters
DR Congo presses Apple over minerals supply chain, lawyers say
Democratic Republic of Congo is pushing Apple Inc for information about its supply chain over concerns it may be tainted with conflict minerals sourced from the country, international lawyers engaged by Congo said on Thursday. Congo, particularly its eastern region, has been plagued by violence since the 1990s, killing millions as struggles over national identity, ethnicity, and resources saw neighbouring countries invade and a myriad of armed groups spring up. Conflict has arisen over the con
3-min read - BusinessReuters
India's IndiGo places first-ever widebody order for 30 Airbus A350 jets
BENGALURU (Reuters) -IndiGo, India's top airline by market share, placed an order with Airbus for 30 A350-900 jets, it said on Thursday, its first-ever order for widebody aircraft. Indian carriers are trying to keep pace with the world's fastest-growing aviation market, where demand for air travel has surged post-pandemic, even as plane manufacturers struggled to meet output goals. The drive by IndiGo, which has a 60% share in India's domestic aviation market, also comes at a time when it aims
1-min read - NewsAFP News
French police break up pro-Palestinian university protest
French police broke up a pro-Palestinian protest by dozens of university students in Paris, officials said Thursday, as Israel's bombardment of Gaza sparks a wave of anger across college campuses in the United States.The protesters demanded that Sciences Po "cut its ties with universities and companies that are complicit in the genocide in Gaza" and "end the repression of pro-Palestinian voices on campus," according to witnesses.
2-min read
