AGENCE FRANCE-PRESSE

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Duterte ‘a good man’ — POTUS WASHINGTON, D.C.: US President Donald Trump praised his Philippine counterpart Rodrigo Duterte over his immensely polarizing drug war, which has killed thousands of people, American media have reported. During an April 29 call that focused mostly on North Korea’s nuclear and ballistic missile program,…

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ABU DHABI: The renewable energy sector employed 9.8 million people worldwide in 2016, marking a sharp increase from 2012, the Abu Dhabi-based International Renewable Energy Agency said on Wednesday. In its “Renewable Energy and Jobs – Annual Review 2017”, IRENA says the sector employed seven million people five years ago.…

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WASHINGTON, D.C.: US environmental regulators on Tuesday filed a lawsuit against automaker Fiat Chrysler, accusing the company of installing devices on its trucks that hid harmful emissions during testing. The company kept the software’s existence from regulators during the certification process for 104,000 3.0-liter light-duty diesel vehicles, according to the…

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NEW YORK: Ford’s decision to oust its CEO is the latest sign of how Silicon Valley technology firms are shaking the foundation of the American auto industry. The removal of Mark Fields after just three years at the helm — and his replacement by an auto industry outsider — followed…

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FRANKFURT: The European Central Bank said Wednesday that stress in the eurozone financial system had remained low over the past six months, but it warned of “significant” risks to that stability. “Risks to financial stability stemming from financial markets remain significant, mainly owing to the possibility of a further rapid…

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BERLIN: German consumers remain in an upbeat mood for a second month in a row, dismissing risks on the horizon in view of a humming economy, said a closely-watched survey Wednesday. Market research firm GfK said the index from its forward-looking poll of 2,000 consumers rose to 10.4 points for…

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MUMBAI: Indian carmaker Tata Motors Tuesday reported a 17 percent fall in quarterly profits, as the pound depreciated against the rupee following Britain’s vote to leave the European Union. The company’s consolidated net profit for the three months ending March fell to 43.36 billion rupees ($668.72 million) from 52.11 billion…

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PARIS: French President Emmanuel Macron got to work Tuesday on his first major agenda item of overhauling the labour code, meeting with union leaders and bosses on an issue that sparked strikes and protests last year. The centrist former Socialist economy minister has signalled his intention to move quickly to…

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NEW YORK: Commodities giant Glencore has approached US agribusiness firm Bunge about a “possible consensual business combination,” the company said Tuesday. Shares of Bunge surged on reports of the talks, which were confirmed in the Glencore statement, released in mid-afternoon. However, the company cautioned that “Following this informal approach ……

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LOS ANGELES: Kyrie Irving and LeBron James combined for 76 points as the Cleveland Cavaliers battled to a 112-99 victory over the Boston Celtics on Tuesday (Wednesday in Manila) to move within one game of a place in the NBA Finals. The win gives Cleveland a 3-1 lead in the…

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