BUSINESS

French energy giant TotalEnergies on Thursday said it had launched a review of its land acquisition practices for controversial $10-billion projects in Uganda and Tanzania slammed by environmentalists.

Asian markets continued their disappointing start to the year Thursday, tracking another loss on Wall Street after minutes from the Federal Reserve's December meeting dampened hopes for an early interest rate cut.

The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told AFP on Wednesday.

US Federal Reserve officials expect interest rates will need to remain high "for some time" to tackle stubborn inflation, according to minutes of the most recent rate decision published on Wednesday.

Twelve nations led by the United States on Wednesday jointly warned Yemen's Huthi rebels of unspecified consequences unless they halt sea attacks that are increasingly disrupting global commerce.

Many of SingleTree Lane's products are made from recycled eco-polyester, like crop sweaters and joggers, reducing its environmental impact.

Adam's vision is rooted in the advisor business he purchased with policies on the books, dating back to 1968.

Sweden on Wednesday recorded its coldest January night in 25 years, with a reading of minus 43.6 degrees Celsius in the far north as a cold snap hit the Nordics.

Turkey on Wednesday opened the first major trial linked to the construction of buildings that crumbled in two massive February 2023 earthquakes that claimed more than 50,000 lives.

After landing, smoke filled the cabin and flames licked the windows, but the Japan Airlines crew got all 367 passengers safely off the aircraft in an orderly fashion -- and just in time.

At least 73 people were killed in Iran Wednesday as two bombs in quick succession struck a crowd commemorating slain general Qasem Soleimani on the anniversary of his killing, state media reported.

Saleh al-Aruri, the senior Hamas official killed in a suspected Israeli strike in Lebanon, played a key role in building up the Palestinian group's military capabilities and its links with regional allies.

South Korean opposition leader Lee Jae-myung narrowly escaped death when he was stabbed in the neck, a party lawmaker said Wednesday, as police were granted a warrant to search his assailant's property.

China's BYD has overtaken US electric vehicle giant Tesla as the world's leading EV deliverer, according to recent sales figures.

The Israeli army has said it is "prepared for any scenario" in the aftermath of a strike in Beirut that killed Hamas's deputy chief, stoking fears the war in the Gaza Strip could boil over into wider regional conflict.

Asian markets fell Wednesday in line with a sell-off across most of the world as traders took their cash off the table after a blockbuster end to 2023, with eyes now on the release this week of Federal Reserve minutes and US jobs data.

US car maker Tesla has lost its crown for most sales of all-electric vehicles to Chinese firm BYD, which has capitalized on Beijing's strong government support for the burgeoning sector.

Oh boy!

Israeli forces battled Hamas militants amid the ruins of the heavily-bombed Gaza Strip on Tuesday as the war raging for almost three months piled new miseries on Palestinians in the besieged territory.

A Japan Airlines plane burst into flames on the runway of Tokyo's Haneda Airport on Tuesday after apparently colliding with a coast guard aircraft, media reports said.

Chinese internet giant Baidu has said it was cancelling the planned multi-billion-dollar purchase of livestreaming platform YY Live, partly blaming its inability to get government approval.

Corporate earnings and their derivative, cash-free cash flow, have always been on Wall Street's radar. They are a critical input in almost every model, which calculates the intrinsic value of a company as the present value of future cash flows to stockholders.

Asian markets slipped Tuesday as most traders returned from the New Year break looking forward to a 2024 that is expected to see a series of Federal Reserve interest rate cuts, but to also be full of economic and political uncertainty.

Ethiopia on Monday struck a "historic" agreement to secure a stake in the main port in Somalia's breakaway region of Somaliland as the landlocked country eyes more access to the sea, officials said.

Nobel peace laureate Muhammad Yunus was convicted on Monday of violating Bangladesh's labour laws in a case decried by his supporters as politically motivated.

Jailed Nobel-winning microfinance pioneer Muhammad Yunus is celebrated around the world for helping millions of people out of poverty, but at home in Bangladesh he has a powerful enemy.

Israelis and Palestinians end a dark year on Sunday, with no end in sight to the deadliest military offensive on Gaza, triggered by Hamas' bloodiest attack on Israel.

Ukraine has exported about 13 million tonnes of merchandise on some 400 ships since setting up a protected maritime corridor in August to fend off Russian threats, a government minister said Saturday.

Thousands of protesters gathered Saturday in Belgrade in the biggest of a series of rallies against alleged electoral fraud.