Sawt Falasteen - Economy

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Macron says trust in France institutions 'at stake' after girl's killing

President Emmanuel Macron on Wednesday said he feared for trust in France's institutions after a botched investigation into the main suspect in an 11-year-old girl's likely murder triggered public outrage.

Record lobby cash shapes EU pro-business agenda, campaigners say

The corporate titans of the tech, energy and chemicals industries are spending more than ever to influence EU decision-makers, determined to see more business-friendly policies -- and it's paying off, campaigners said Thursday.

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'Natural' birth control risks unwanted pregnancy, experts warn

After taking the pill for a decade, Elodie Monnier Legrand decided to try "natural" birth control, an increasingly popular trend that requires tracking fertility to avoid becoming pregnant.

EU trade chief seeks 'positive traction' on US steel tariffs

The EU is seeking more progress in easing the effects of US steel tariffs, its trade chief Maros Sefcovic said Friday, adding that talks are "going in a positive direction."

Battle lines drawn over EU's next big budget

EU leaders had their swords already drawn when they plunged into intense discussions Friday over the 27-country bloc's next seven-year budget, with the usual frugal nations pushing to contain spending.

Renewed hopes of Iran peace talks keep oil under $100 per barrel

Oil prices fell on Friday after it appeared a second round of Middle East talks was back on, bolstering prospects for an end to a war that has crippled energy shipments from the Gulf.

Ryanair says to cut Berlin flights, blaming taxes

Budget airline Ryanair said Friday that it would reduce flights to and from Berlin starting in October and relocate aircraft based in the German capital, citing comparatively high costs and taxes.

From sun to subsoil, how countries are moving away from fossil fuels

Heating with geothermal energy, lighting with solar panels, cooking with biodegradable waste: how can we live with less oil and gas?

Porsche exits sports car maker Bugatti Rimac

German carmaker Porsche announced on Friday the sale of its stakes in sports car manufacturer Bugatti Rimac to a consortium led by a US fund founded by the Egyptian billionaire Sawiris family.

Bill legalising assisted dying in England and Wales set to fail

A contentious bill to legalise assisted dying in England and Wales was set to fail Friday after running out of parliamentary time, having been stuck in the UK's unelected upper house.

Chinese EVs, flying cars take centre stage at world's biggest auto show

Thousands squeezed into the world's biggest car show Friday, snapping selfies beside Chinese electric vehicles as automakers showcased AI, humanoid robots and flying-car ambitions in a cut-throat market.

Tesla starts 'robotaxi' production: Musk

Tesla's much-touted autonomous "robotaxi", called the Cybercab, has started production, CEO Elon Musk said on Friday, the same week that the carmaker reported first-quarter profits that beat expectations.

Musk says Tesla has started 'robotaxi' production

Tesla's much-touted autonomous "robotaxi", called the Cybercab, has started production, CEO Elon Musk said on Friday, a day after the carmaker reported first-quarter profits that beat expectations.

Appeal board says homophobia 'commonplace' in Aussie Rules

Australian Rules Football said Friday that homophobia had no place in the game after an appeals board reduced a penalty for a player who used an anti-gay slur on the grounds such comments were "commonplace" in the sport.

Hot pants: Tokyo government workers swap suits for shorts

Tokyo's metropolitan government is encouraging staff to wear shorts to work to cut reliance on air conditioning, an official said Friday, as concerns grow over high energy costs linked to the Middle East War.

Chinese EV makers take centre stage at world's biggest auto show

Thousands snapped selfies beside sleek Chinese electric vehicles on Friday at the world's biggest car show in Beijing, where automakers are seeking to lure buyers in a cut-throat market.

Concern stirs Lula camp as election bid loses momentum

Four months ago, the stars seemed to be aligned for veteran left-winger Luiz Inacio Lula da Silva in his quest for an unprecedented fourth term as Brazilian president.

China's top AI players

China's artificial intelligence boom is in full swing, with the release of a new large language model (LLM) by top startup DeepSeek on Friday highlighting the country's rapid progress despite US export restrictions on advanced microchips.

China's DeepSeek says releases long-awaited new AI model

Chinese startup DeepSeek released "preview" versions of a new artificial intelligence model Friday, more than a year after it stunned the world with a low-cost reasoning model that matched the capabilities of US rivals.

Oil extends gains, stocks sink as peace talk hopes fade

Oil prices extended gains Friday and stocks struggled as investors worried about a lack of progress in ending the Middle East crisis, with Tehran keeping the Strait of Hormuz closed and the US maintaining a blockade of Iranian ports.

Chinese EVs geared up to dominate world's biggest auto show

The world's biggest car show opens Friday in Beijing, with hundreds of thousands of auto fans expected to descend on the Chinese capital to size up the latest sleek, teched-out models on the market.

Intel earnings signal recovery at US chip maker

Shares in Intel soared on Thursday after it smashed quarterly earnings expectations in what could be a sign that the US chip maker is on a path to recovery.

Stocks mostly fall as US-Iran peace talks stall and oil prices rise

Global stocks mostly fell Thursday, retreating after recent gains as investors tempered their enthusiasm for a quick end to the Middle East war.

Meta plans 10% layoffs as AI spending soars: source

Meta plans to cut a tenth of its workforce, looking for productivity gains from its remaining workers as it invests heavily in artificial intelligence.

EU unblocks funds as Ukraine presses for membership progress

European leaders celebrated the long-awaited approval of the release of a 90-billion-euro ($105-billion) loan for Ukraine on Thursday, but Ukrainian President Volodymyr Zelensky quickly pushed the debate back to his country's EU accession.

Trump says US in no rush but 'clock is ticking' for Iran

President Donald Trump said Thursday the United States is in no rush to end the war with Iran but "the clock is ticking" for the Islamic republic, as a third aircraft carrier arrived in the Middle East.

OpenAI says new model adept at making AI better

OpenAI released a new model it touts as its best yet for handling research work like making improved versions of itself, as rapid-fire releases by AI rivals pick up pace.

Canada not as reliant on US economy as some think: Carney

There is a "misimpression" about the extent of Canada's economic reliance on the United States, Prime Minister Mark Carney said Thursday, again pushing back on suggestions Ottawa must capitulate to Washington's trade demands.

Kanye West to perform on Prague racecourse in July

Controversial rapper Kanye West, also known as Ye, will hold a concert in Prague in July, Zuzana Rambova, director of the Chuchle Arena racecourse hosting the event, said on Thursday.

Africa faces 86 mn tonne fuel shortfall by 2040: report

The Iran war has exposed Africa's vulnerability to fuel chokepoints and is heading for an 86 million tonne fuel shortfall by 2040, the Africa Finance Corporation (AFC) said Thursday.

Stocks retreat as US-Iran peace talks stall

Stock prices fell across the board Thursday from their recent highs as investors tempered enthusiasm for a quick end to the Middle East war.

Amsterdam airport offers airline discounts over fuel costs

Amsterdam's Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the high price of jet fuel caused by the Iran war.

LVMH's Arnault says to talk of retirement in '7-8 years'

Bernard Arnault, chief executive of the world's biggest luxury conglomerate LVMH, brushed off speculation of his retirement on Thursday, telling shareholders that "we'll talk about all this again in seven to eight years".

US says forces boarded tanker carrying Iranian oil

The US Defense Department said Thursday its forces boarded a vessel in the Indian Ocean that was transporting oil from Iran, as disruption from a stand-off with the Islamic republic continued to batter the world economy.

Sawt Falasteen - Economy (English)