$3 billion deal with the UK gets Australia closer to having a fleet of nuclear-powered submarines

$3 billion deal with the UK gets Australia closer to having a fleet of nuclear-powered submarines

SYDNEY (AP) — Australia is set to provide 4.6 billion Australian dollars ($3 billion) to British industry to support the construction of nuclear-powered submarines and ensure its new fleet arrives on time, the two countries said Friday. The announcement came a day after the two countries signed a defense and security pact to better meet … Read more

South Africa: Taps run dry after unprecedented water crisis hits Johannesburg

South Africa: Taps run dry after unprecedented water crisis hits Johannesburg

JOHANNESBURG (AP) — For two weeks, Tsholofelo Moloi has been among thousands of South Africans lining up for water as the country’s largest city, Johannesburg, confronts an unprecedented collapse of its water system affecting millions of people. Residents rich and poor have never seen a shortage of this severity. While hot weather has shrunk reservoirs, … Read more

South Korea: Government will suspend licenses of striking doctors from next week

South Korea: Government will suspend licenses of striking doctors from next week

SEOUL, South Korea (AP) — South Korea’s government will take final steps to suspend the licenses of striking junior doctors next week as they refuse to end their weekslong walkouts that have burdened the country’s medical services, officials said Thursday. More than 90% of the country’s 13,000 medical interns and residents have been on strike … Read more

E-waste from trashed electric devices is piling up and recycling isn’t keeping pace, UN says

E-waste from trashed electric devices is piling up and recycling isn’t keeping pace, UN says

NAIROBI, Kenya (AP) — U.N. agencies have warned that waste from electronics is piling up worldwide while recycling rates remain low and are likely to fall even further. The agencies were referring to “e-waste,” which is defined as discarded devices with a plug or battery, including cellphones, electronic toys, TVs, microwave ovens, e-cigarettes, laptop computers … Read more

Wall Street rallies to records as Federal Reserve sees rate cuts for 2024

Wall Street rallies to records as Federal Reserve sees rate cuts for 2024

NEW YORK (AP) — U.S. stocks rallied to records Wednesday after the Federal Reserve indicated it’s likely to deliver the cuts to interest rates this year that Wall Street craves, despite some discouragingly high inflation reports. The S&P 500 jumped 46.11 points, or 0.9%, to 5,224.62 and set an all-time high for a second straight … Read more

Keoyoung Sun : South Korean tanker capsizes off southwestern Japan

Keoyoung Sun : South Korean tanker capsizes off southwestern Japan

TOKYO (AP) — A South Korean tanker capsized off an island in southwestern Japan on Wednesday, authorities said, killing seven people on board. One crew member survived, and the fate of three others was unknown. The Japan Coast Guard said it received a distress call from the chemical tanker Keoyoung Sun, saying that it was … Read more

St. Patrick’s Day: America is getting green and giddy for its major parades

St. Patrick’s Day: America is getting green and giddy for its major parades

NEW YORK (AP) — People across the United States celebrated Irish heritage at several major St. Patrick’s Day parades Saturday, marking the holiday a day early at events that included a big anniversary in Savannah, Georgia, and honored a pioneering female business leader as grand marshal in New York. The holiday commemorates Ireland’s patron saint … Read more

A pioneering bill to slow fast fashion gets approval from France’s lower house. Next stop the Senate

A pioneering bill to slow fast fashion gets approval from France’s lower house. Next stop the Senate

PARIS (AP) — A pioneering bill to curb the rampant pace of fast fashion won unanimous approval in the lower house of the French Parliament, making France one of the first countries worldwide to target the influx of low-cost, mass-produced garments predominantly from China. The fashion industry is among the world’s biggest producers of greenhouse … Read more

Stock market today: Wall Street slips away from records after mixed data on the economy

Stock market today: Wall Street slips away from records after mixed data on the economy

NEW YORK (AP) — Stocks slipped away from their records following a mixed batch of economic reports. The S&P 500 fell 0.3% Thursday after giving up an earlier, modest gain. The Dow Jones Industrial Average lost 0.4%, and the Nasdaq composite fell 0.3%. Treasury yields rose following the latest in a string of data showing … Read more

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

Stock market today: Wall Street rallies to a record as Big Tech stocks renew their run

NEW YORK (AP) — Stocks rallied to records after some influential Big Tech companies got back in their groove. The S&P 500 rose 1.1% Tuesday to top its all-time high set last week. The Dow Jones Industrial Average gained 0.6%, and the Nasdaq composite jumped 1.5%. All three indexes started the day with losses after … Read more