Sawt Falasteen - Economy

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Featured

Cement maker Lafarge on trial in France over jihadist funding

Cement conglomerate Lafarge went on trial in France Tuesday, accused of paying the Islamic State group and other jihadists protection money to build its business in war-torn Syria.

Shein vows to cooperate with France in probe over childlike sex dolls

Asian e-commerce giant Shein Tuesday pledged to "cooperate fully" with French judicial authorities after an uproar over it selling childlike sex dolls, and said it was prepared to disclose the names of people who bought them.

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Hometown funeral for Italian fashion legend Giorgio Armani

The private funeral of fashion legend Giorgio Armani was set to take place Monday in a picturesque village near Piacenza, in the northern Italian region where the designer grew up.

Stocks rise tracking political upheaval, data

Global stock markets rose Monday as traders focused on political upheaval in France and Japan, in addition to mixed economic data.

Millions hit as London Underground train workers strike

Rush-hour commuters faced chaos Monday as staff on the London Underground train network staged a five-day strike, shutting stations and forcing people to work from home or use alternative modes of transport.

Germany's US exports hit four-year low as tariffs bite

German exports to the United States dropped in July to their lowest level since 2021, data showed Monday, as President Donald Trump's tariffs exact a heavy toll on Europe's biggest economy.

Ariana Grande wins top MTV Video Music Award

Ariana Grande won the MTV Video Music Awards' top honor on Sunday, taking home Video of the Year for "Brighter Days Ahead", which also claimed Best Pop Song at the ceremony near New York City.

Sweden's Sami fear for future amid rare earth mining plans

Sweden's indigenous Sami fear they will lose their livelihood and culture if plans go ahead to mine a large rare earths deposit located on their traditional reindeer grazing grounds in the far north.

Trump warns foreign companies after S.Korean workers detained

President Donald Trump on Sunday warned foreign companies to obey US law after immigration officials arrested some 475 individuals including South Korean workers at a Hyundai-LG battery plant being built in the southern state of Georgia.

Asian shares rise as Japan politics weigh on yen

Asian markets rose on Monday, with Tokyo up nearly two percent after Japanese Prime Minister Shigeru Ishiba's decision to resign pushed down the value of the yen.

ECB set to hold rates steady with eye on France crisis

The European Central bank is expected to hold interest rates steady again this week with inflation under control and US tariff tensions easing, even as France's political crisis presents a new headache.

Racing betting tax hike will bring 'communities to their knees': Gosden

British racing is holding a one-day strike next week for the first time in its history in a tax dispute with the government.

Why Neutrinovoltaics Qualify as a Trillion-Euro Jump

Most technologies walk. A few run. Only rarely does one leap. The wheel allowed humans to move loads once thought impossible. The printing press turned literacy into a mass phenomenon. The internet compressed the globe into a single, searchable network. ...

Giorgio Armani to be buried Monday in private ceremony

Italian fashion designer Giorgio Armani, who died aged 91, will be buried on Monday in a private family ceremony in a village near Milan, local officials said.

Key OPEC+ members boost oil production

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales.

Pope declares 'God's influencer' first millennial saint

Tens of thousands of people gathered at the Vatican on Sunday as Pope Leo XIV proclaimed the Catholic Church's first millennial saint, an Italian teenager dubbed "God's Influencer" for his efforts to spread the faith online.

Seoul says over 300 South Koreans detained in US to be released

Seoul said Sunday that negotiations with the United States to secure the release of South Korean workers detained in an immigration raid have been "concluded" and they would soon be freed and flown home.

Huge crowds at the Vatican as teen becomes first millennial saint

Tens of thousands of people gathered at the Vatican on Sunday for the canonisation of an Italian teenager dubbed "God's Influencer" for his efforts to spread the Catholic faith online.

A 'real' movie fights back in anime-ruled Japan

Pensioner Shizue Kato didn't fancy the new "Demon Slayer" anime blockbuster and instead watched "Kokuho", a rare live action cinema hit in Japan, where animation rules.

Indonesia's delayed new capital risks 'white elephant' status

A year after it was inaugurated, Indonesia's would-be new capital Nusantara attracts tourists and construction workers, but most of its architecturally arresting presidential palace and freshly built avenues sit silent.

Tough negotiations and uncertainty ahead of OPEC+ meeting

Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered.

Seoul says over 300 South Koreans held in US battery plant site raid

More than 300 South Koreans were among 475 people arrested by US immigration officials in a raid on a Hyundai-LG battery plant being built in the southern US state of Georgia, the foreign minister in Seoul said on Saturday.

Thousands expected to pay respects to Italian designer Giorgio Armani

Thousands of mourners from the fashion world and beyond are expected to pay homage on Saturday to Italian fashion giant Giorgio Armani, following his death aged 91.

EU massive fine against Google draws Trump threat

The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own advertising services, drawing a furious rebuke from President Donald Trump and a threat of fresh tariffs against Europe.

US agents arrest 475 in raid on Hyundai-LG plant

South Koreans suspected of working in the United States illegally were the majority of the 475 people arrested in a raid on a Hyundai-LG battery plant being built in the southern state of Georgia, a US official said Friday.

Leo XIV inaugurates eco training centre near Rome

Pope Leo XIV inaugurated a new training centre devoted to sustainability on the outskirts of Rome on Friday, following in his predecessor Francis's efforts to champion the environment.

US jobs data boosts rate cut hopes but stocks slide

Weak US jobs data cemented expectations of an interest rate cut later this month on Friday but stocks slid on worries about the economic outlook and profit-taking.

Farage rallies faithful at hard-right Reform UK annual meet

British hard-right leader Nigel Farage rallied his insurgent Reform party at the start of its annual conference Friday, seizing on the Labour government's woes to insist his movement could seize power within two years.

Tesla proposes package for Musk that could top $1 trillion

Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies.

Stocks rise, dollar drops as US jobs data boosts rate cut hopes

Stocks rose and the dollar slid Friday as a sharp slowdown in US hiring cemented expectations that the US Federal Reserve will resume cutting interest rates later this month.

US hiring weakens sharply in August as jobs market stalls

US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report Friday after weak data earlier prompted President Donald Trump to fire a key economic official.

'Roblox' game to impose age controls this year

The publisher of "Roblox" has promised to set up age verification mechanisms, after allegations the video game massively popular with children and teens worldwide has fallen short on safety.

WHO backs weight-loss drugs, urges cheap generics

The World Health Organization recommended a range of blockbuster weight-loss drugs to treat diabetes and obesity globally for the first time on Friday, calling for cheap generic versions to be made available for people in developing countries.

US hiring significantly misses expectations as jobs market cools

The US economy added significantly fewer jobs than expected in August, government data showed on Friday, in a closely watched report after weak data earlier prompted President Donald Trump to fire a key economic official.

Sawt Falasteen - Economy (English)