AFP — Page 2

Organization · 1734 published stories · 233 outlets

Six EU countries push for windfall tax on oil companies amid surging war profits

Finance ministers from six EU countries have written to Ireland, which holds the rotating EU presidency, urging that a windfall tax on oil companies be added to the agenda for next month's meeting of EU finance chiefs in Dublin. The letter, dated August 21, cites surging oil company profits and calls for an EU-wide framework to tax windfall profits, drawing on lessons from a similar 2022 levy.

4 outlets · 4 articles 2d ago

Magnitude 5.9 Earthquake Strikes Ibaraki Prefecture Outside of Tokyo

A magnitude 5.9 earthquake struck eastern Japan early Sunday, centered in southern Ibaraki Prefecture, shaking the Tokyo metropolitan area and injuring at least 37 people, according to officials. No tsunami was triggered, but the quake disrupted train services, caused a water main rupture and temporary power outages, and prompted a government task force. The event follows a deadly magnitude 7.1 quake in Kumamoto last month.

35 outlets · 40 articles 2d ago

China-bound vessel with 24 crew members sinks 200 nautical miles off Odisha’s Paradip port

The Panama-flagged bulk carrier MV Ocean Winner sank in the Bay of Bengal on August 22 after losing communication roughly 200 to 240 nautical miles off Paradip, Odisha. Two Chinese crew members were pulled from liferafts by a merchant tanker as the Indian Coast Guard and Navy searched for the remaining 22 of a 24-person multinational crew. The cause of the sinking has not been established.

33 outlets · 55 articles 2d ago