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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Soldier in Vegas Tesla blast suffered PTSD, no 'terror' link: FBI

The decorated Green Beret who died by suicide in a blazing Cybertruck outside a Trump hotel in Las Vegas was suffering from post-traumatic stress, investigators said Friday, saying they had found no links to "terrorist" groups.

Microsoft expects to spend $80 bn on AI this fiscal year

Microsoft president Brad Smith on Friday said the company is on track to pump about $80 billion into artificial intelligence (AI) this fiscal year.

Biden blocks US Steel sale to Japan's Nippon Steel

President Joe Biden on Friday blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.

Wall Street stocks bounce higher, Europe retreats

Wall Street stocks bounced higher at the start of trading on Friday, but European stock markets retreated as traders booked profits from a positive start to 2025.

Biden blocks US-Japan steel deal

President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon Steel, citing a strategic need to protect domestic industry.

Indian duo self-immolate in Bhopal waste protest

Two people in India set themselves on fire Friday to protest against the disposal of hazardous waste from the decades-old Bhopal industrial disaster, local government officials said.

Indian food delivery app rolls out ambulance service

A popular Indian food delivery app has started offering a private ambulance service, looking to use its logistics know-how to help bolster the country's patchy healthcare system.

European stock markets retreat after positive start to year

European stock markets retreated Friday, as traders booked profits from a positive start to 2025 and awaited a full return to business next week.

UK electricity cleanest on record in 2024: study

Britain produced its cleanest electricity on record last year with output of fossil fuels at an all-time low and renewables reaching a record-high, a study has showed.

Biden to block US-Japan steel deal: US media

US President Joe Biden has decided to block the proposed $14.9 billion purchase of US Steel by Japan's Nippon Steel and will announce the move as soon as Friday, according to US media.

Thai PM declares millions in watches and bags among $400 mn assets

Thailand's Prime Minister Paetongtarn Shinawatra declared more than $400 million in assets on Friday, her party said, including more than 200 designer handbags worth over $2 million and at least 75 luxury watches, valued at almost $5 million.

China says 'determined' to open up to world in 2025

China is "determined" to continue opening up its economy to the world in 2025, a top economic planning official said Friday, as Beijing steels itself for potential trade turmoil when US President-elect Donald Trump takes office.

Asian shares rise defying slow Wall Street start to 2025

Asian markets gained on Friday, bucking retreats on Wall Street as the dollar advanced and markets reopened following the New Year's holiday.

'You need to be happy': graffiti encourages Cuban self-reflection

Graffiti on walls around Havana telling Cubans "you need to be happy" has encouraged introspection and inspiration in a country where censorship has forced many street artists to emigrate or abandon their work.

Mixed day for global stocks as dollar pushes higher

Global stocks began 2025 in muted fashion while the dollar advanced Thursday as markets gird for a much heavier news flow later in January with the inauguration of President-elect Donald Trump.

Nick Clegg leaves Meta global policy team

Former British deputy prime minister Nick Clegg said Thursday he is stepping down from his role as president of Meta's global affairs and will be replaced by Republican stalwart Joel Kaplan.

Tesla reports lower 2024 auto deliveries, missing forecast

Tesla reported a dip in full-year auto sales Thursday, missing a company forecast in a sign of rising electric vehicle competition in China and other markets.

Wall Street lifts spirits after Asia starts year in red

Wall Street made a positive start to the year Monday, shrugging off falls in Asia as investors await planned tariffs from US president-elect Donald Trump, adding to China's economic struggles.

Most UK doctors suffer from 'compassion fatigue': poll

Seven out of 10 UK family doctors are worn out and suffering from "compassion fatigue", finding it hard to empathise with their patients, a poll published Thursday said.

US mulls new restrictions on Chinese drones

The United States is considering new rules to address risks posed by drones with tech from foreign adversaries like China and Russia, the Commerce Department said Thursday.

Wall Street dons early green after Asia starts year in red

Wall Street made a positive start to the year Monday, shrugging off falls on Asian markets as investors await planned tariffs from US president-elect Donald Trump, adding to China's economic struggles.

Stock markets begin new year with losses

Major European and Asian stock markets began 2025 in the red as investors await planned tariffs from US president-elect Donald Trump, adding to China's economic struggles.

Sales surge in 2024 for Chinese EV giant BYD

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence.

Asian stocks begin year on cautious note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session.

Asia stocks begin year on cautious note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.

Power restored to most of Puerto Rico: utility

Power was restored to most of Puerto Rico Wednesday after a major blackout plunged the island into darkness on New Year's Eve, the US territory's electric utility said.

Finnish police probing seven sailors over cut cables

Finnish police said Tuesday that seven sailors from the Eagle S tanker suspected of last week cutting an undersea power cable between Finland and Estonia are targets of a sabotage investigation and have been banned from leaving the country.

Osaka Expo 'Grand Ring' a symbol of unity: architect

A towering wooden "Grand Ring" built for Expo 2025 in Osaka pays homage to Japan's architectural history and is a symbol of unity despite criticism over costs, its creator says.

End of Russian gas via Ukraine sparks unease in eastern Europe

Ukraine's decision to turn off the taps keeping Russian gas flowing via its territory to Europe has already sown trouble in the continent's east, with Moldova declaring a state of emergency and Slovakia threatening Kyiv with retaliation.

Island-wide blackout hits Puerto Rico on New Year's Eve

A major power outage plunged much of Puerto Rico into darkness on New Year's Eve, with the US island territory's electric utility saying restoration could take up to two days.

US stocks slip as European markets ring out year with gains

Wall Street stocks slid Tuesday to close the year on a gloomy note but Europe's main stock markets advanced, as all eyes turn to 2025 and the impact that the policies of US President-elect Donald Trump will have on the global economy.

Syria's de facto leader meets minority Christians

Syria's de facto leader Ahmed al-Sharaa met with senior Christian clerics on Tuesday, amid calls on the Islamist chief to guarantee minority rights after seizing power earlier this month.

Sawt Falasteen - Economy (English)