Sawt Falasteen - Economy

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Featured

Dance Fitness Tempe Announces Expansion of Accessible Digital Movement Programs

Dance Fitness Tempe today announced the launch of expanded digital dance content and free online workout programs aimed at making movement accessible to its growing global community.

Europe saw record summer air traffic despite Mideast war: Eurocontrol

Europe's skies were at their busiest ever during the summer holiday period from July to August, despite disruptions caused by the Middle East war, according to Eurocontrol data published Friday.

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UK lawmakers throw out bill to legalise assisted dying

British MPs on Friday rejected a bill to legalise assisted dying in a knife-edge vote, a blow to campaigners in favour of the controversial procedure that is legal in a host of countries including Canada and Switzerland.

US inflation steady in August, fueling Fed rate hike expectations

US consumer inflation came in unchanged at 3.4 percent in August, government data showed Friday, with persistent high prices raising expectations that the Federal Reserve will hike interest rates in the world's largest economy next week.

Czech antitrust office lets Turkey's Pegasus Airlines buy Smartwings

The Czech antitrust office UOHS said Friday it had allowed Pegasus Airlines to buy the Czech airline Smartwings as the Turkish low-cost carrier seeks to boost its presence in Europe.

Nepal flood reconstruction bill to be $4.78 bn: foreign ministry

Nepal estimates the reconstruction bill after deadly floods sparked by a glacial mountain collapse last month will amount to $4.78 billion, the foreign ministry said on Friday.

Investors on edge as energy costs, surging bond yields roil markets

High oil prices and US diesel prices at record levels kept inflation fears at the fore on Friday, ratcheting up expectations that more central banks will have to hike interest rates despite the risk of weighing on economic growth.

JUMO and Standard Bank launch Social Finance Framework to scale inclusive finance in Africa

Designed to support the mobilisation of sustainable funding for financial inclusion and economic empowerment across Africa.

UK lawmakers to vote again on failed assisted dying bill

British MPs were on Friday set to vote again on an assisted dying bill as protesters both for and against the proposed legislation gathered outside parliament.

Yemen's Houthis complete takeover of Bab al-Mandab area: govt official to AFP

Yemen's Houthis seized on Friday a key Red Sea island in the middle of the Bab al-Mandab strait, completing a push to take control of a waterway crucial to Saudi oil exports, a local government official and eyewitnesses told AFP.

French comedy show 'Call my agent' makes film comeback

French showbiz comedy series "Call My Agent" is back as a feature-length film with cameos from Hollywood stars George Clooney and Eva Longoria, with critics saying that for once, a movie made from a series has hit the mark.

Fast-pace dance takes I.Coast's working-class streets by storm

On the streets of a working-class Abidjan neighbourhood, hundreds of young people gather every week after class to dance the biama, a high-tempo combo of acrobatic twists, frenetic footwork and funny facial expressions.

Researchers eye AI revolution in natural disaster forecasts

A revolution in forecasting natural disasters is underway, say researchers in Switzerland who are training AI models on vast troves of NASA climate data to produce potentially-lifesaving data at lightning speed.

Appreciation, anger await as Trump heads to Irish golf resort

In the windswept village of Doonbeg on Ireland's Atlantic coast, Donald Trump is less polarising US president and more golf resort owner credited with bringing jobs and money to a remote corner of the country.

US braces for inflation report that may push Fed to hike rates

A consumer inflation report due Friday could pave the way towards the US central bank's first interest rate hike in more than three years, as the war with Iran drives energy costs higher.

Putin arrives in India for BRICS summit coloured by wars

Russian President Vladimir Putin arrived in the Indian capital on Friday ahead of an 11-member BRICS summit set to be dominated by wars in the Middle East and Ukraine, as well as economic challenges.

Musk threatens legal action over documentary

Elon Musk's lawyers put the makers of a new four-hour documentary about the multibillionaire on formal legal notice days before its premiere, warning that the film defames him.

Carney says in touch with Trump, Canada ready for 'fair' trade deal

Prime Minister Mark Carney said Thursday that he had spoken to US President Donald Trump "in recent days" and Ottawa remains ready to reach a "fair" trade deal with Washington, despite escalating economic tensions.

Latin America fact-check group asks Meta not to replace verification practice

A Latin American fact-checking network on Thursday asked Meta not to replace the verification practice with Community Notes after the company said it was testing the crowdsourcing system in the region.

Tag Markets Names Craig Lund Chief Executive Officer

The appointment brings a veteran of regulated digital-asset and brokerage businesses to a firm turning its focus from growth alone to the foundations that sustain it.

AI Risks to Enter 60–80% of Liability and Cyber Insurance Underwriting by 2028, ScienceSoft Predicts

ScienceSoft has released proprietary research on how midsize US insurers will address artificial intelligence (AI) risks in coverage and underwriting through 2028. Drawing on insurance market data, perspectives from industry experts, and ScienceSoft’s experience working with insurance organizations, the research examines whether growing AI-related losses will lead to a new class of AI-specific insurance.

ECB lifts borrowing costs amid energy shock, opens door for more hikes

The European Central Bank raised interest rates Thursday for the second time this year as renewed Middle East fighting fans fears of higher inflation, and opened the door for further hikes.

Tribal Launches Campfire, Letting Business and Technical Teams Build on Salesforce Together

Tribal’s Campfire is a shared canvas that lets enterprises build and change their own Salesforce org at the speed of business, with security, permissions and dependencies intact

Global Tokenized Real Estate Market to Hit up to $3 Trillion by 2030, ScienceSoft Predicts

ScienceSoft has released new proprietary research on the role of tokenization in the real estate investment landscape. Drawing on market statistics, firsthand perspectives from industry experts, and ScienceSoft’s experience delivering technology projects in the niche, the report examines whether tokenized real estate will evolve into a mainstream investment vehicle.

Stocks fall as fresh oil surge fans inflation fears

Stock prices fell Thursday after oil prices pushed higher on expectations of a prolonged Mideast war against Iran, fanning inflation fears that saw the European Central Bank lift its key interest rate.

US producer inflation tops expectations as diesel costs jump

US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month -- particularly for diesel -- as the US war with Iran continued.

ECB hikes borrowing costs to combat Mideast energy shock

The European Central Bank raised interest rates Thursday for the second time this year as renewed fighting in the Middle East sends energy prices soaring, threatening to push widespread inflation higher.

Evolution Metals & Technologies Provides Initial Revenue Guidance of $400-460mm for Fiscal Year 2027

Fiscal 2027 outlook of $400 million to $460 million reflects the expected first full-year contribution from the expansion of annual rare earth magnet production capacity in Pohang, Republic of Korea, to approximately 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered NdFeB magnets, as the January 1, 2027 DFARS mine-to-magnet restriction takes effect

Oil prices extend gains as markets await ECB rate outlook

Oil prices rose further Thursday on resurgent Middle East hostilities, fanning concerns about high inflation that is widely expected to push the European Central Bank to raise interest rates this afternoon.

'Metal Gear' creator moves to Xbox after Playstation cancellation

Legendary Japanese video game creator Hideo Kojima said Thursday he had partnered with Microsoft's Xbox for his next project after its development for the PlayStation console was cancelled by Sony.

Zamanat Targets GCC’s $250 Billion SME Financing Gap With Up to $100 Million Tokenized Private Credit Fund

Zamanat Fund CEIC Limited is the company’s first live proof point for regulated fund tokenization on ZIGChain focused on GCC private credit.

Alessio Vinassa Unveils an Emerging Technology Investment Approach Shaped by Financial Challenges

Tech entrepreneur and angel investor Alessio Vinassa today announced the expansion of his investment framework focusing on the convergence of artificial intelligence and cybersecurity, applying strategic risk-mitigation model lessons derived from managing high-pressure financial turnarounds to emerging enterprise technologies. Before he began investing across artificial intelligence, cybersecurity, Web3 and innovative finance, he faced a financial collapse that changed how he understood risk.

Stocks drop as oil spike fans inflation and interest rate fears

Asian stocks fell Thursday and Brent oil held gains a day after breaking the psychological $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears.

Stocks sink as oil rally fans inflation and rate hike fears

Asian stocks fell Thursday as oil prices extended gains a day after breaking the psychological $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears.

Sawt Falasteen - Economy (English)