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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Germany criticises UniCredit's 'unfriendly' moves on Commerzbank

Italian bank UniCredit's move to increase its stake in German lender Commerzbank, which further fuelled speculation of a takeover bid, was "uncoordinated and unfriendly", the German government said Wednesday.

Syrians face horror, fearing loved ones may be in mass graves

After losing hope of finding his two brothers among those freed from Syrian jails, Ziad Alaywi was filled with dread, knowing there was only one place they were likely to be: a mass grave.

Dutch authorities fine Netflix 4.75 mn euros over personal data use

Dutch authorities fined video streaming giant Netflix 4.75 million euros ($4.98 million) Wednesday over its handling of subscribers' personal data, which it said was unclear or incomplete in several respects.

Further hike in UK inflation hits rate cut chance

UK annual inflation climbed further above the Bank of England's target rate in November, official data showed Wednesday, firming expectations that it will avoid cutting interest rates this week.

Stock markets, dollar climb before Fed rate decision

Stock markets mostly climbed and the dollar steadied against main rivals Wednesday with the US Federal Reserve set to cut interest rates.

Syria's first flight since Assad's fall takes off

The first commercial flight since the ouster of president Bashar al-Assad took off from Damascus airport on Wednesday, offering Syrians a glimmer of hope after years of war and decades of oppression.

Shares in Japan chipmaker Kioxia jump 10% on Tokyo debut

Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

Shares in Japan chipmaker Kioxia jumps 10% on Tokyo debut

Shares in Japanese chipmaker Kioxia closed 10 percent higher in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

Asian markets mixed ahead of Fed news, Nissan soars on merger reports

Asian markets swung Wednesday ahead of the Federal Reserve's much-anticipated policy announcement, while shares in Japanese car titan Nissan soared more than 20 percent after reports said it was in merger talks with rival Honda.

France mass rape trial triggers soul-searching in Spain

France's notorious mass rape trial has generated an enormous echo in Spain, a pioneer in the fight against gender-based violence, and highlighted the often overlooked scourge of domestic sexual violence.

Floor-length and horns: Namibia's Herero dress endures

From his humble Windhoek workshop, Namibia's leading fashion designer is keeping alive the love for the Herero people's traditional dress with horned headgear, a full-length skirt and a link to German colonisers accused of genocide.

Japanese carmakers Honda, Nissan in preliminary merger talks: reports

Japanese auto giants Honda and Nissan are in preliminary merger talks to help them compete against Tesla and Chinese electric vehicle makers, media reports said Wednesday.

US Fed expected to cut again, despite uncertain path ahead

The US Federal Reserve is widely expected to cut interest rates by a quarter point on Wednesday and signal a slower pace of cuts ahead, brushing off uncertainty about inflation's downward path and the possible impact of some of President-elect Donald Trump's economic proposals.

Shares in Japan chipmaker Kioxia rally on Tokyo debut

Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion.

True blue tradition: how Japan's coveted jeans are made

Call it an antidote to fast fashion: Japanese jeans hand-dyed with natural indigo and weaved on a clackety vintage loom, then sold at a premium to global denim connoisseurs.

Asian markets diverge ahead of Fed news, Nissan soars on merger reports

Hungarian Lego artist wows with his very grand designs

To build his giant Lego structures which usually take hundreds of thousands of bricks, Hungarian artist Balazs Doczy first must solve major "engineering challenges".

Cuba's 'invisible' tragedy: US-bound migrants who disappear in the Caribbean

In the early hours of January 3, 2023, 32 people climbed onto a makeshift raft off southern Cuba and set out across the Caribbean for Florida, 170 kilometers (100 miles) away.

'Everybody wants to be my friend': Trump feels the love

A shock outsider when he was first elected president eight years ago -- and a pariah when he left office -- Donald Trump appears to be the most popular person in America as far as the rich and powerful are concerned.

Japan's Honda and Nissan in preliminary merger talks: reports

Japanese auto giants Honda and Nissan are in preliminary merger talks, media reports said Wednesday.

Japan's Honda and Nissan to begin merger talks: report

Japanese auto giants Honda Motor and Nissan Motor will enter talks on a merger aimed at helping them compete against Tesla and other electric vehicle makers, newspaper Nikkei reported early Wednesday.

Stock markets mostly drop ahead of Fed policy update

Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as President-elect Donald Trump prepares to take office.

US Fed begins final 2024 rate meeting with cut expected

The US Federal Reserve began its last interest rate meeting of the year on Tuesday, with expectations high for another rate cut and a signal from policymakers that the pace of cuts will slow next year.

How ramshackle housing made Mayotte vulnerable to cyclone assault

The dismal quality of housing across Mayotte has compounded the devastating impact of Cyclone Chido on the poverty-stricken French Indian Ocean territory where hundreds, or maybe thousands, are feared dead.

Spurs fail in appeal to reduce Bentancur ban for Son comments

Tottenham's appeal to reduce Rodrigo Bentancur's seven-match ban for an alleged racist remark he made about teammate Son Heung-min has been dismissed, the Football Association said on Tuesday.

Father, stepmother of murdered UK-Pakistani girl jailed for life

A UK court on Tuesday handed life sentences to the father and stepmother of a murdered 10-year-old British-Pakistani girl who died after being subjected to a prolonged "campaign of torture" and "despicable abuse".

Stock markets mostly drop awaiting Fed policy update

Major stock markets mostly fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Markets mostly down as Fed gears up for interest rate decision

Most markets fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Restoring Milan's Duomo, one statue at a time

In a workshop in the Milan suburbs, sculptor Giovanni Calderino completes his latest project -- a battered statue from the top of the Italian city's gothic cathedral, and its gleaming white replacement.

Asian markets drop as Fed gears up for interest rate decision

Most Asian markets fell Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Chinese casino hub Macau struggles to evolve beyond gaming

In the shadow of the Grand Lisboa, the Macau casino world-famous for its "golden lotus" design, fashion boutique owner Suzanne Leong wonders if the economic miracle that initially made her fortune has now cast her aside.

Asian markets mixed as Fed gears up for interest rate decision

Asian markets fluctuated Tuesday as attention turned to the Federal Reserve's upcoming policy decision, with traders hoping for guidance on its interest rate plans as president-elect Donald Trump prepares to take office.

Sawt Falasteen - Economy (English)