Sawt Falasteen - Economy

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Zelensky blasts diesel deal after Russian strikes kill 15

Ukrainian President Volodymyr Zelensky said on Saturday that Russia was expressing its "thanks" for a diesel deal agreed with the United States by attacking Ukraine, after fresh Russian attacks killed 15 people, according to authorities.

Spanish PM begins vote campaign overshadowed by housing protests

Spain's Prime Minister Pedro Sanchez aimed to pull off another unlikely comeback as he began campaigning on Saturday for a snap vote dominated by housing protests that have shaken the country.

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AI-generated Pope sermons flood YouTube, TikTok

AI-generated videos and audios of Pope Leo XIV are populating rapidly online, racking up views as platforms struggle to police them.

Norway adopts tourist tax to combat overtourism

Norwegian lawmakers approved Thursday the introduction of a tourist tax to help finance infrastructure improvements as a boom in visitors has led to worries about overtourism.

Executive bonuses banned at six UK water companies over pollution

Six UK water companies were banned Friday from paying bonuses to senior executives, which the government said would be inappropriate given their failure to clean up their massive sewage discharges.

Trump travel ban won't hit Los Angeles Olympics: organizers

Los Angeles 2028 Olympics organizers said Thursday the Games will not be impacted by President Donald Trump's ban on citizens from 12 countries from visiting the United States.

Trump-Xi call fuels market optimism but US stocks slip on Musk row

Wall Street closed lower Thursday as a spat between President Donald Trump and his billionaire former aide Elon Musk spilled into the public eye, but global markets were mixed while investors assessed trade talks between Washington and Beijing.

Judge scolds Sean Combs after he nods at jurors

The judge overseeing the US federal trial of fallen hip-hop giant Sean "Diddy" Combs threatened to remove him from the courtroom Thursday after he apparently made facial expressions at jurors.

Jury begins to consider Harvey Weinstein verdict

Jurors began deliberating their verdict in Hollywood mogul Harvey Weinstein's rape and sexual assault retrial Thursday after hearing from three women who allege the cinema power broker preyed on them.

Germany's Merz survives Trump test, despite Ukraine differences

German Chancellor Friedrich Merz came through his Oval Office encounter with Donald Trump relatively unscathed Thursday -- despite differences over Ukraine as the US president said it might be better to let Moscow and Kyiv fight it out like children.

Jury prepares to consider Harvey Weinstein verdict

Jurors prepared to consider a verdict in Hollywood mogul Harvey Weinstein's rape and sexual assault retrial Thursday after hearing from three women who allege the cinema power broker preyed on them.

ECB cuts rates again but pause seen ahead

President Christine Lagarde said the European Central Bank was in a "good place" to deal with global uncertainty as it cut interest rates again Thursday, fuelling expectations it might soon hit pause after a lengthy easing cycle.

Dr Martens seeks more stability after new profit slide

British iconic bootmaker Dr Martens on Thursday announced another sharp drop in annual profits, as it looks to build on recent stability under its new chief executive.

Restaurants strike on popular Greek tourist island over beach clampdown

Restaurant owners on the Greek tourist island of Paros staged a 24-hour shutdown Thursday to protest against zoning regulations blocking them from using part of the island harbour's beachfront.

ECB cuts rate again facing growth, tariff woes

The European Central Bank's easing cycle reached the one-year mark Thursday when policymakers delivered another interest rate cut as concerns mount about the struggling eurozone economy and global trade tensions.

First ever Birkin bag to be auctioned in July

The first Birkin bag that was designed by French luxury brand Hermes for actress Jane Birkin in 1984, will be auctioned in Paris on July 10, auction house Sotheby's said Thursday.

Eurozone stocks climb before ECB rate decision

Eurozone stock markets climbed Thursday as the European Central Bank prepared to announce another cut to interest rates in the face of US tariffs.

Equities on front foot as US data feeds rate-cut hopes

Shares enjoyed a healthy run Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the end of the week.

New eurozone rate cut expected as Trump trade war weighs

US President Donald Trump's tariff blitz, persistent growth worries and slowing inflation are expected to prompt eurozone rate-setters to lower borrowing costs again on Thursday.

Gamers get hold of Nintendo's hotly awaited Switch 2

Gamers on Thursday finally got their hands on Nintendo's new Switch 2 console, which could score record early sales for the Japanese "Super Mario" creator.

Most Asian markets rise as US data feeds rate-cut hopes

Asian shares mostly rose Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and put the focus on key jobs figures coming at the end of the week.

Canada steelworkers urge Ottawa to counter Trump

Steelworkers in the Canadian city of Hamilton see President Donald Trump's latest trade war escalation as a wake-up call, insisting US efforts to protect struggling metal producers demand an equivalent national response.

Bulgaria on course to become 21st EU member to adopt euro

The European Commission gave the green light on Wednesday for Bulgaria to adopt the euro from next year, putting the Balkan country on course to become the 21st member of the single currency area.

US-China at trade impasse as Trump's steel tariff hike strains ties

US President Donald Trump said Wednesday it is "extremely hard" to reach a deal with China as a trade impasse persisted, while his doubling of metal tariffs fueled tensions with key partners.

Nintendo fans stoked for Switch 2 'mega launch'

With shops planning midnight launch parties after a run on pre-orders, Nintendo releases the Switch 2 on Thursday, hoping to score record early sales for a games console.

US novelist Edmund White, chronicler of gay life, dead at 85

Edmund White, the influential American novelist who chronicled gay life and his own sexual odyssey through his work, including dozens of books, several short stories and countless articles and essays, has died, his agent said Wednesday. He was 85.

Stocks rise despite weak US jobs data

Stock markets advanced Wednesday despite data showing US private sector job growth nearly dried up last month, reviving fears about the economy.

Thirteen on trial in France over 'racist' stunt targeting singer Aya Nakamura

Thirteen people went on trial in Paris on Wednesday over a "racist" insult targeting Franco-Malian singer Aya Nakamura, who faced criticism from the far right and harassment over her performance at the Paris Olympics opening ceremony.

Czechs sign nuclear deal with S.Korea firm KHNP: PM

A Czech state-run company signed Wednesday a deal with South Korea's KHNP to build two nuclear reactors in the EU country after a court dismissed a bid by France's EDF to block the deal.

Pioneering US novelist Edmund White put gay life on the page

US novelist Edmund White, who died Tuesday aged 85, established himself as a leading chronicler of gay emancipation through a trailblazing, largely autobiographical body of work.

US private sector hiring sharply slows, drawing Trump ire

US private sector hiring hit its slowest pace since 2023 in May, according to data Wednesday from payroll firm ADP, significantly missing expectations in a month where all eyes are on the effects of President Donald Trump's trade war.

'Why this hatred': French town reels over killing of Tunisian man

The murder of a Tunisian man by his French neighbour in southern France, which is being investigated as a terror crime, has horrified the local community and raised alarm over rising racism in the country.

EU antiques import clampdown could gut trade, warn dealers

New European rules designed to crack down on the trafficking of stolen antiques and art are causing alarm among gallery owners, with some dealers warning of suffocating red tape that will affect trade.

EVs boost German auto sales, Tesla falls again

A jump in electric car sales helped give a slight boost to Germany's troubled auto market last month, official data showed Wednesday, although Elon Musk's Tesla fared poorly again.

Sawt Falasteen - Economy (English)