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COPENHAGEN (AFP) – Global shipping giant Maersk reported healthy third-quarter profits yesterday but warned that freight prices have peaked and “dark clouds” loom due to the Ukraine conflict, high inflation and recession fears. The Danish firm has benefitted from soaring freight costs since 2020 as the reopening of economies following the Covid pandemic caused major […]
SEOUL, SOUTH KOREA (AP) – More than 400 people died in October in a series of crowd-related disasters in Asia, when a bridge packed with revellers collapsed in India, Halloween partiers were crushed in South Korea’s capital, and spectators fled a stadium in Indonesia after police fired tear gas. The dynamics in the three situations […]
LOS ANGELES (AP) – Amazon Music is gearing up for a massive content expansion: The streaming giant will offer a full catalogue of music with over 100 million songs for members. The streaming service told The Associated Press members will gain hundreds of millions of songs – a huge increase from two million – in […]
BERLIN (AFP) – Germany said yesterday it planned to put a limit on energy prices from the beginning of 2023, the cornerstone of a massive EUR200-billion (USD198-billion) package to ease inflationary pressure on households and businesses. The major energy market intervention would see the price for a percentage of consumers’ typical gas usage capped from […]
UPI – A pair of TikTok chefs broke a Guinness World Record by assembling a seven-foot, one-inch sushi roll – and broke another record in the process. Nick DiGiovanni and Lynn ‘Lynja’ Davis teamed up once again in Boston to assemble the massive sushi roll from 2,000 pounds of rice, 500 pounds of salmon, 500 […]