Sawt Falasteen - Economy

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Featured

VW chief warns carmaker's situation 'more than critical'

Volkswagen's CEO warned Sunday the company was in a "more than critical" state ahead of meetings with the car giant's staff where he will defend the company's savings plans.

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.

Last news

Stock markets wobble on China woes

Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut.

Volkswagen mulls plant closures and job cuts in Germany

German automotive giant Volkswagen said Monday it could take the unprecedented move to close production sites in Germany and threatened further job cuts as its savings plans stalled.

State oil company’s 'financial strain' compounds Nigeria’s fuel shortage

Weeks of fuel scarcities in Nigeria are compounding a cost-of-living crisis, with the state-run oil company acknowledging "financial strain" was hampering supplies.

Volkswagen says considering factory closures in Germany

German automotive giant Volkswagen said Monday it could close production sites in Germany, as the auto industry struggles to manage rising costs.

Stock markets mostly fall on China woes

Major stock markets mostly fell Monday as more weak Chinese economic data offset optimism over an expected US interest-rate cut.

No TV or screens for toddlers, Sweden tells parents

Toddlers should not be allowed to watch screens at all, Sweden told parents on Monday.

NGO reports 'human rights disaster' at Uganda oil project

A massive oil project in Uganda co-owned by French group TotalEnergies and China's CNOOC is mired in reports of sexual violence, forced evictions and environmental damage, climate activists said Monday.

Mexico's Lopez Obrador gives final report as opponents, US fret

Mexico's President Andres Manuel Lopez Obrador on Sunday presented the final report of his government, defending his legacy a month before turning power over to his successor -- along with a congressional supermajority and a highly controversial judicial reform plan.

Joy, dark fears as far-right AfD wins east German vote

The mood was jubilant Sunday among supporters of the far-right AfD after the party triumphed in a regional election pundits labelled a political earthquake.

'Deadpool' leads again as N.American box office closes summer strong

"Deadpool & Wolverine" led the North American box office again this weekend, taking in an estimated $15.2 million and helping boost domestic August totals well above pre-pandemic levels for a strong summer finish, analysts said Sunday.

African leaders in Beijing eyeing big loans and investment

African leaders descend on China's capital this week, seeking funds for big-ticket infrastructure projects as they eye mounting great power competition over resources and influence on the continent.

US rapper Fatman Scoop dead after collapsing on stage

US rapper Fatman Scoop has died, his manager announced Saturday, after the 53-year-old artist suffered a medical emergency while performing on stage.

Oasis fans struggle as tickets for reunion tour nearly sold out

Millions of Oasis fans queued online early Saturday to buy tickets for the British legends' hotly-anticipated reunion tour next year, but many were left frustrated after booking websites appeared overwhelmed.

Oasis tribute act in demand ahead of real band's reunion tour

Oasis' reunion tour next year has not only sparked a frenzy for tickets to see the legendary British band, but also spiked the interest in tribute group Definitely Mightbe.

Fans struggle as tickets for Oasis reunion tour go on sale

Millions of Oasis fans queued online early Saturday to buy tickets for the British legends' eagerly-awaited reunion tour next year, but many were frustrated after booking websites appeared overwhelmed.

Turkey's top Kurdish football club resists hatred

The slurs shouted by the ultras of a football club in northwest Turkey at their Kurdish rivals is just one way that the decades-old feud opposing Turks and Kurds plays out in the sport.

Tickets for Oasis reunion tour to go on general sale

Tickets for next year's Oasis reunion tour are set to sell out within minutes of going on sale early Saturday, as fans vie to see the British legends live for the first time since 2009.

Right-wing activist leads charge against US equality push

Ordinary Americans have "had enough" of inclusivity and diversity policies at US companies, according to Robby Starbuck, who has led a one-man campaign against the controversial initiatives.

In North Carolina, Democrats counting on young voters

For several months, Yampiere Lugo has been going door to door, urging young people in North Carolina to vote in November.

India growth slows to 6.7% on lower consumer spending

India's economic growth slowed to 6.7 percent on-year in the April-June quarter, official data showed Friday, as lower government outlays and lacklustre consumer spending weighed on the world's fifth-largest economy.

Nigeria's Lagos turns to waterways for green transport solution

Nigerian saleswoman Ivy Junaid says her daily half-an-hour commute from mainland Lagos to the city's island business district has changed her life.

Eurozone inflation falls to three-year low in August

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday, raising expectations of a European Central Bank interest-rate cut.

Markets rally on US data after Dow hits record on Wall St

Asian and European markets rose Friday after a record day on Wall Street, boosted by a strong round of US data that reassured investors over the health of the world's top economy, while focus turns to the release of key inflation figures.

Far-left rebel seeking peace with Putin rocks German politics

A radical far-left politician who wants to make peace with Russia's Vladimir Putin looks set to play a key role in regional elections in the former East Germany on Sunday.

Apple in talks to invest in OpenAI: report

iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest name in generative artificial intelligence, a news report said Thursday.

CHiPs: French fries spill shuts California highway

A crash that left boxes of french fries scattered across the road shuttered a major California highway on Thursday.

US, European stocks shrug off Nvidia slump to rise on rate hopes

US and European stock markets rose Thursday as investors shrugged off a drop in shares of chip giant Nvidia and turned their attention back to expectations of lower interest rates.

Paraguay's abundant hydropower draws crypto miners, legal and not

In the Paraguayan city of Hernandarias, a data center with row upon row of supercomputers stands as a testament to a burgeoning crypto mining sector fueled by the South American country's abundance of green electricity.

Why Telegram chief's arrest raises 'red flags' for tech bosses

Now that France has charged Telegram's founder with failing to stop illegal activity on his platform, other tech bosses may have reason to weigh the wisdom of jetting into Europe themselves.

US, European stocks rise, shrug off Nvidia share drop

US and European stock markets advanced on Thursday, with Frankfurt hitting a new record, as investors shrugged off a drop in shares of chip giant Nvidia and turned their attention back to interest rates.

Stop using our songs, ABBA tells Trump

The record label for iconic Swedish pop group ABBA said Thursday it has demanded that US presidential hopeful Donald Trump stop playing its music at his campaign rallies.

European, Asian stocks diverge after Nvidia earnings results

Asian stock markets wavered but Europe advanced on Thursday, with Frankfurt hitting a new record, as investors digested earnings results by US chip titan Nvidia.

Sawt Falasteen - Economy (English)