Sawt Falasteen - Economy

Memphis AI data center fuels pollution fight in Black neighborhood

The stench of rotten eggs and burning debris fills the air in Boxtown, a predominantly Black neighborhood in Memphis. Just a few miles away, a power plant fuels one of SpaceXAI's data centers, which are popping up all over Tennessee.

Ceuta leader wants migrant detention centre after influx

The leader of Ceuta demanded on Monday the detention and expulsion of the thousands of migrants wandering the Spanish north African territory's streets after last month's mass influx from Morocco.

Return of displaced Syrian Kurds to hometown suspended after violence

The return of displaced Syrian Kurds to their northeastern hometown of Ras al-Ain was suspended on Monday after a first group of returnees was attacked, prompting protests in other Kurdish-majority parts of Syria.

Meta pushes global AI vision amid race with OpenAI, Anthropic and China

Meta boss Mark Zuckerberg laid out a vision for how the United States and the social media giant could win a global race to dominate AI amid fierce competition from China.

Global stocks mixed while oil prices jump on Hormuz

Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week while mostly shrugging off the latest spike in oil prices.

Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup.

Bookmap Announces Partnership with Plus500 to Expand Futures Trading Access

Bookmap has announced a new partnership with Plus500, bringing together advanced market visualization with institutional-grade execution infrastructure for futures traders.

Brazil aircraft maker Embraer raises outlook after record revenue

Brazilian aircraft manufacturer Embraer said Monday it expects higher profits than previously forecast in 2026 after record second-quarter revenues and an all-time high order backlog.

Europe wary as gas stocks languish at lows while winter looms

Four years after Russia's invasion of Ukraine set off an energy crisis, European countries face new questions about natural gas security as the war in the Middle East drags on.

OFunded Enters the Prop Trading Market With Broker-Backed Infrastructure From OFinancial Markets

The proprietary trading firm of the OFinancial group introduces three routes to funding, four trading platforms, and simulated accounts of up to $250,000.

Freedom Holding Corp. Reports 40% Increase in Quarterly Revenue to $732.5 Million

Revenue in the brokerage and banking segments grew by 60% and 54%, respectively; total assets reached $14.0 billion as the company continued to expand its digital ecosystem and international banking presence

Stocks mostly flat with focus on US inflation

Stock markets were little changed Monday, holding near record highs amid thin summer volumes, as investors awaited inflation data this week for more clues to the interest-rate outlook for the US economy.

Massive shake-up of Hungary media after Orban's exit

One month since Hungary's state broadcaster MTVA suspended its news programmes, employees are still waiting to hear if they will return to work -- and what that work may look like, as the country grapples with a new era of press freedom after the ousting of former premier Viktor Orban.

MEXC Sponsors Yohani's Colombo Concert, Bridging Sri Lankan Culture and Global Digital Finance

MEXC, a pioneer in 0-fee digital asset trading, served as the official sponsor of Yohani's live concerts held on August 7 and 8 in Colombo, Sri Lanka. Ahead of the main concert, MEXC also hosted "MEXC Connect: Summer Musical Afternoon Tea" on August 8 at Jetwing Colombo Seven, bringing together 80 key opinion leaders, influencers, and VIP guests for an intimate pre-concert gathering. The collaboration marked a milestone in MEXC's presence in Sri Lanka, bringing together music, culture, and community in a shared celebration.

Stocks mostly rise with focus on US inflation

Stock markets mostly rose Monday as investors pared their bets on an interest rate hike by the Federal Reserve that curtail growth, awaiting inflation data this week for more clues to the outlook for the world's biggest economy.

Base Markets Appoints Nazim Moussaoui as Head of Premium Clients and Partnerships

Former Pepperstone and Capital.com senior client executive brings two decades of experience across central banking, institutional sales and premium client management to the growing multi-asset broker

Stopped broadcast, layoffs: Hungary media eyes post-Orban renewal

A month after Hungary's state broadcaster MTVA suspended its news programmes, many employees are still waiting at home to hear when -- or if -- they can return to work.

Asian stocks track Wall St higher after US job losses ease rate fears

Stocks rose Monday as investors pared their bets on a US interest rate hike after data showed thousands of jobs were lost in July, though sentiment was dented by another spike in oil prices as hopes for an end to the Middle East crisis fade.

Pakistan brickmakers scorched by sun above and fire below

As dark plumes billow from overhead smokestacks, brickmakers at a kiln in Pakistan's Sheikhupura district crush coal through small holes beneath their feet into the fiery chambers below.

ZXMoto leads China's charge to dominate the global motorbike market

Zhang Xue wept with joy and furiously waved a Chinese flag as he watched his company's superbike scream across the finish line four seconds ahead of competitors in only its third world championship race.

Euros to showcase new TV guidelines on non-sexualisation of women athletes

New guidelines to prevent broadcasters sexualising coverage of women athletes will come into place when the European championships start in Birmingham on Monday.

Call for Infantino to resign comes amid wave of support

Beleaguered FIFA president Gianni Infantino has received some much-needed support after over a week of scathing criticism revolving around the now shelved private investment plan but there was again a call Friday for him to resign.

Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT-maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone-maker's allegations "baseless" and asked for the lawsuit's dismissal.

Spain imposes border checks on Italy as migrant showdown grows

Spain announced on Friday it would introduce temporary border checks on travellers from Italy in response to Rome imposing similar measures after a mass migrant rush into Ceuta.

Trump renews effort to remove US Fed Governor Lisa Cook

US President Donald Trump is moving forward with an attempt to remove Federal Reserve Governor Lisa Cook over mortgage fraud allegations, according to a White House letter seen by AFP on Friday, after the Supreme Court batted him back in June.

Germany holds security meeting over explosive drone amid Russia protest

Chancellor Friedrich Merz convened Germany's national security council Friday to discuss an explosive-laden drone found near a Ukrainian cargo plane and the mid-air collision of another aircraft with an unidentified object this week.

Movement, El Vecino and RISE Partner to Launch First Digital Dollar Wallet for Mexican Remittances

Launch allows Mexican families to send money home from the U.S. instantly via WhatsApp across the largest remittance corridor in the world without requiring a bank account or app download

Cambridge to review hiring process amid plagiarism row

The University of Cambridge said Friday that it would be reviewing its hiring process for senior roles as it probes claims of plagiarism by a professor who resigned this week.

US unexpectedly loses jobs in blow to Trump ahead of midterms

The United States unexpectedly lost thousands of jobs in July, government data showed Friday, a blow to US President Donald Trump's claims of leading an economic revival as his Republican Party gears up for crucial midterm elections.

STARTRADER in Discussions with Trustpilot to Consolidate Review Profiles

STARTRADER is in ongoing discussions with Trustpilot about a proposed consolidation of its existing review profiles into a single listing. The matter remains under discussion, and no timeline for completion has been confirmed. STARTRADER confirms that the matter has no impact to date on its operations or client services.

US unexpectedly loses jobs in blow to Trump's economy claims