Sawt Falasteen - Economy

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Featured

Thousands expected at Sweden climate demo as election looms

Around 10,000 people are expected to turn out for a climate demonstration in Stockholm on Sunday, according to Swedish police and organisers, just weeks ahead of a general election where the issue is among voters' top concerns.

Macron hosts Saudi's MBS for visit ranging from esports to Mideast

French President Emmanuel Macron welcomes Saudi crown prince and de facto ruler Mohammed bin Salman on Sunday for a two-day visit set to range from esports to the war in the Middle East.

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US Fed pauses rate cuts, will 'wait and see' on Trump policies

The US Federal Reserve left its key lending rate unchanged Wednesday and adopted a patient "wait and see" approach to Donald Trump's economic policies, in the first decision since his return to the White House.

Rwanda-backed fighters advance into DR Congo after mostly seizing city

Rwanda-backed fighters advanced on a second front in their lightning offensive across eastern DR Congo on Wednesday after seizing control of most of the key city of Goma during heavy fighting with the Congolese military.

US Fed pauses rate cuts, resisting Trump pressure

The US Federal Reserve left its key lending rate unchanged Wednesday, resisting pressure from President Donald Trump to continue with cuts in the first rate decision since his return to office.

Germany's far-right 'firewall' crumbles as migration debate flares

Weeks before Germany's elections, a heated immigration debate inflamed by a deadly knife attack sparked a political earthquake Wednesday when conservative parties for the first time cooperated with the far-right AfD.

With China's DeepSeek, US tech fears red threat

The emergence of the DeepSeek chatbot has sent Silicon Valley into a frenzy, with calls to go faster on advancing artificial intelligence and beat communist-led China before it is too late.

Immigration 'flooding' remark row piles pressure on French PM

Prime Minister Francois Bayrou was at risk on Wednesday of losing the little tacit opposition support he relies on in parliament after suggesting that immigrants were "flooding" France.

Frenchman on trial for killing ex-partner after years of alleged abuse

A Frenchman went on trial Wednesday accused of stabbing to death his former partner, who had filed repeated complaints with authorities over years of abuse and warned that she could end up being killed.

Maison Margiela names new director during Paris Haute Couture Week

Belgian designer Glenn Martens was unveiled Wednesday as the successor to John Galliano as creative director of French fashion house Maison Margiela on a busy day of Haute Couture Week in Paris.

German industry sounds alarm as government cuts growth forecast

The German government on Wednesday slashed its growth forecasts for 2025 as industry leaders sent dire warnings over the country's economic health and staged nationwide protests to urge reforms.

Rwanda-backed group controls most of DRC city as mediator urges talks

Rwanda-backed fighters controlled almost all of the DR Congo city of Goma Wednesday where residents were re-emerging after days of deadly fighting and Angola urged leaders of both countries to urgently hold peace talks.

Immigration row piles pressure on French PM after 'flooding' remark

Prime Minister Francois Bayrou was at risk Wednesday of losing the little tacit opposition support he relies on in parliament after suggesting that immigrants were "flooding" France.

'Good news': Dutch chip giant ASML welcomes DeepSeek

The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector.

Stocks firm after tech rout; dollar steady before Fed rate call

Stock markets mostly rose Wednesday, tracking a rally on Wall Street, where tech titans led by Nvidia recovered some of their hefty losses thanks to easing worries over Chinese artificial intelligence startup DeepSeek.

Tesla to report results for 1st time since Trump elected president

Tesla is set to report earnings Wednesday for the first time since President Donald Trump -- a close ally of CEO Elon Musk -- returned to the White House.

Spanish economy shines in 2024 with 3.2% growth

The Spanish economy expanded 3.2 percent last year thanks to buoyant exports and consumption that have made it one of the fastest-growing developed countries, official data showed on Wednesday.

Shares in Dutch chip giant ASML soar on bullish orders

Shares in Dutch tech giant ASML soared Wednesday despite a dip in annual net profit, as investors cheered better-than-expected orders for its cutting-edge chip-making machines.

Dutch chip giant ASML's net profits dip in 2024

Dutch tech giant ASML, which sells cutting-edge machines to make semiconductor chips, reported a drop in annual net profits Wednesday, as geopolitical headwinds and the emergence of Chinese AI start-up DeepSeek disrupt the sector.

Sony names new CEO in management reshuffle

Japanese electronics and entertainment giant Sony Group said Wednesday that it has promoted Hiroki Totoki to chief executive officer as part of a wider management reorganisation.

UK eyes third Heathrow runway in growth takeoff bid

Britain's finance minister Rachel Reeves is on Wednesday expected to announce controversial plans for a third runway at London's Heathrow airport as the Labour government seeks to kickstart economic growth.

Japan #MeToo survivor says media are failing in wake of Fuji TV scandal

Japanese media are still failing to report sexual assault cases properly, a key figure in the country's nascent #MeToo movement told AFP in the wake of the scandal surrounding celebrity Masahiro Nakai and Fuji TV.

SpaceX mission to return US astronauts to happen 'soon': Trump

US President Donald Trump said Tuesday that Elon Musk's company SpaceX will "soon" begin a mission to repatriate two American astronauts who have been stranded for months on the International Space Station.

Who might buy TikTok in the US?

As the clock ticks down on TikTok's 75-day reprieve from divesting from its Chinese owners or being banned in the United States, several contenders are in the running.

Fire-hardened house offers lessons on rebuilding Los Angeles

The house that Michael Kovac built is the only one on his street still standing after a huge fire raced through his Los Angeles neighborhood.

Starbucks profits fall but points to progress in turnaround

Starbucks reported lower profits Tuesday in results that still topped expectations as the company's new CEO described various pilot program tests to reinvigorate the chain.

Trump federal spending freeze sparks confusion, fury

The healthcare system for millions of low-income Americans and rafts of other programs were thrown into disarray Tuesday after President Donald Trump ordered a freeze on federal funding, a move opponents blasted as unconstitutional.

DeepSeek shock shows Europe not out of AI race: experts

China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe.

European watchdog takes aim at online gambling, gaming among youths

Online gambling and gaming can cause depression and other mental health issues in young people, which the Council of Europe rights watchdog is trying to counter with a new project encouraging good policy and awareness raising.

US stocks, Nvidia shares steady after Chinese AI shock

US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.

Hopes for turnaround lift Boeing shares despite huge losses

Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit.

France savours competitive cooking win as restoring lost prestige

After major investments in a bid to restore its lost national culinary prestige, France savoured victory Tuesday at the world's most prestigious international cooking competition, the Bocuse d'Or.

Police arrest two after protest at Sigourney Weaver London play

UK police said on Tuesday they had arrested two people a day after climate activists disrupted a London play starring Hollywood actress Sigourney Weaver.

Spain jobless rate falls to lowest level since 2008 crisis

Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service sector performed strongly, official data showed on Tuesday.

Sawt Falasteen - Economy (English)