Sawt Falasteen - Economy

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Featured

US, Canada fail to reach trade pact to avert Trump tariffs

Hefty US tariffs on some Canadian products took effect on Saturday after days of negotiations that went down to the wire failed to produce an agreement.

Arctic shipping a daunting prospect in hotly contested region

With Gulf turmoil slashing Suez Canal traffic, shipping firms are tempted to try the Arctic for quicker trips between Europe and Asia -- but commercial prospects are unlikely to match countries' strategic ambitions for the North Pole.

Last news

Ex-Fed chief says Trump bid to oust US governor Cook 'dangerous'

US President Donald Trump's move to oust Federal Reserve Governor Lisa Cook marks a direct attempt to politicize the central bank and is "profoundly dangerous," former Fed chief Janet Yellen warned Wednesday.

Trump administration takes control of Washington rail hub

The Trump administration said Wednesday it will exert more control over Washington by taking over management of Union Station, the US capital's rail hub.

Stock markets waver ahead of Nvidia earnings

Stock markets fluctuated Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust growth has largely driven strong gains for tech stocks in recent months.

Stock markets mixed ahead of Nvidia earnings

Stock markets fluctuated on Wednesday as investors braced for a key earnings update from AI giant Nvidia, whose robust growth has largely driven strong gains for tech stocks in recent months.

Stock markets diverge awaiting Nvidia earnings

Stock markets diverged Wednesday following broad losses in the previous session, as attention turned to a key earnings update from AI giant Nvidia.

German factory outfitters warn of 'crisis' from US tariffs

Germany's plant and equipment makers' federation warned Wednesday the sector is facing an "existential crisis" after the United States broadened the reach of its metals tariffs.

Former player comes out as bisexual in Australian Rules first

A former Australian Rules star on Wednesday came out as the first openly bisexual or gay player in the sport's long history, a move hailed as "breaking decades of silence".

Asian markets diverge with eyes on Nvidia earnings

Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI giant Nvidia.

Formerra Appointed Distributor for Italy's Epaflex TPU Lines in the UK & Ireland

Agreement combines advanced TPU portfolio with Formerra's expert compliance know-how and agile service.

French political turmoil sends European stocks down, Wall Street edges up

European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in France.

Meta to back pro-AI candidates in California

Meta is launching a political action committee in California to support candidates who favor lighter regulation of artificial intelligence in the state that is home to Silicon Valley.

Who is Lisa Cook, the Fed governor Trump seeks to fire?

Lisa Cook, the first Black woman to serve on the powerful Federal Reserve Board of Governors, has become US President Donald Trump's latest target as he ramped up pressure on the central bank.

French political turmoil sends European stocks sliding

European stock markets and shares in French banks fell Tuesday as investors fretted over fresh political turmoil in France.

EU claims 'sovereign right' to regulate tech after Trump threat

The European Commission Tuesday asserted the "sovereign right" to regulate the activities of tech giants within the bloc and rejected claims by President Donald Trump that its rules unfairly harm US firms.

Stocks drop on France turmoil, Trump's Fed firing

Stock markets fell Tuesday as political turmoil in France hit investors' risk appetite, as did US President Donald Trump's move to fire central bank governor Lisa Cook.

The European laws curbing big tech... and irking Trump

Fresh off a trade truce with Donald Trump, the EU is back in the US leader's crosshairs after he vowed to punish countries that seek to curb big tech's powers.

Germany, Canada to cooperate on key raw materials

Germany and Canada will sign an agreement Tuesday on boosting cooperation in the field of critical raw materials, Chancellor Friedrich Merz said, as they seek to reduce heavy dependence on China.

Global markets down after Trump Fed firing, tariff threats

Global stocks retreated on Tuesday after a series of market-rattling announcements by US President Donald Trump, including an unusual move to fire a central bank official and threats to impose new export controls and tariffs.

Japanese climber, 102, sets Mount Fuji record

A 102-year-old Japanese man with a serious heart condition has been certified as the oldest person to climb Mount Fuji -- but still shrugged off the feat as nothing special.

US bids to trump China in DR Congo mining rush

The United States wants to secure its supply of strategic minerals in conflict-torn Democratic Republic of Congo, hoping to challenge China's near-monopoly on the lucrative sector.

Asian stocks down after Trump Fed firing, tariff threats

Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips.

Australia joins countries suspending post to US

Australia joined on Tuesday a string of countries suspending some postal deliveries to the United States, citing a "complex and rapidly evolving situation" with US President Donald Trump's looming tariffs.

Trump moves to fire a Fed governor over mortgage fraud claims

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank.

Putting the boot in: Colombian women farmers embrace football

Skirts swirl and hats fly on a soccer field in Jenesano in central Colombia, as the "Smelly Ones" face off against the "Fillies" in a football extravaganza celebrating women farmers.

Women's NBA could face lockout as union deal deadline looms

Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to reach a union deal 60 days before the deadline.

US judge temporarily blocks deportation of Salvadoran man in immigration row

A federal judge on Monday temporarily blocked the deportation to Uganda of a Salvadoran man at the center of a row over US President Donald Trump's immigration crackdown.

French PM's job on line with call for confidence vote

France's embattled Prime Minister Francois Bayrou said on Monday his government would request a vote of confidence on September 8, seeking parliamentary backing for his battle against soaring public debt.

Musk's xAI sues Apple, OpenAI alleging antitrust violations

Elon Musk's companies xAI and X filed a sweeping US antitrust lawsuit Monday against Apple and OpenAI, alleging the tech giants formed an illegal partnership to stifle competition in artificial intelligence and smartphone markets.

US studio unearths fossilized dinosaur game 'Turok'

Everything old is new again, especially for gamers at the Gamescom trade fair, who got a preview of upcoming video game "Turok: Origins" -- a third-person shooter pitting the player against dinosaurs and aliens.

Salvadoran man in Trump immigration row to be deported to Uganda: officials

A Salvadoran man at the center of a row over President Donald Trump's immigration crackdown was rearrested on Monday and is set to be deported to Uganda, officials said.

Stocks edge downwards after rallying on US rate hopes

Stocks edged downwards on Monday after earlier rallies in Europe and Asia, investors locking in gains fuelled by the clear shift toward lower rates by the US Federal Reserve.

Salvadoran man at center of Trump immigration row detained again

A Salvadoran man at the center of a row over President Donald Trump's immigration crackdown was arrested on Monday and is facing deportation, officials said.

Sawt Falasteen - Economy (English)