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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Argentine court orders Milei government to distribute held-up food aid

An Argentine court on Monday ordered President Javier Milei's government to release tons of food meant for the poor -- about half the population -- but held in storage pending an audit he had ordered.

OpenAI's Johansson gaffe pushes voice cloning into spotlight

OpenAI was forced to apologise to actor Scarlett Johansson last week for using her voice –- or something very similar –- on its latest chatbot, throwing the spotlight on to voice-cloning tech.

European, Asian stocks rise as traders eye US inflation

Asian and European stock markets rose Monday in holiday-thinned trading, with investors awaiting fresh US and European inflation data for more clarity on the outlook for interest rates.

Asian markets rise as traders eye US inflation

Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.

China Premier Li meets Samsung boss, vows to help foreign firms

China's Premier Li Qiang said his country will always be open to foreign companies and promised steps to boost their confidence in the world's second-largest economy, state media reported.

Most Asian markets rise as traders eye US inflation

Most Asian markets rose Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of key US inflation data.

EarthCARE satellite to probe how clouds affect climate

Will clouds help cool or warm our world in the years ahead? The EarthCARE satellite will soon blast off on a mission to find out, aiming to investigate what role clouds could play in the fight against climate change.

Disinformation war engulfs Mexican presidential race

Does Mexican presidential front-runner Claudia Sheinbaum want to make circumcision compulsory and close a revered Catholic church? No, it's all part of an election disinformation war.

Karla Sofia Gascon: Spanish trans actor, Cannes prizewinner

Karla Sofia Gascon, who jointly won best actress at the Cannes Film Festival on Saturday for her performance as a Mexican drug baron who becomes a woman, is a Spanish actor who started out life as a man.

G7 ministers cite 'progress' but no deal on Russian assets for Ukraine: draft statement

G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.

Over 170 arrested as climate protests target TotalEnergies and fund manager

The boss of TotalEnergies told shareholders Friday that new oil fields had to be developed to meet global demand, as the annual meetings of the French energy giant and one of its biggest shareholders were picketed by climate activists.

US stocks stabilize after choppy trading week ahead of long weekend

Wall Street swung higher Friday ahead of the long Memorial Day weekend, marking a positive end to a choppy week of trading that saw the Nasdaq set a fresh record even as concerns the US Federal Reserve could keep interest rates higher for longer weighed on markets.

Paris Orly facing mass cancellations in more strike woe

The French civil aviation authority has ordered airlines to cancel 70 percent of flights at Paris Orly airport on Saturday and Sunday because of a strike by air traffic controllers.

Stock markets stabilise at end of choppy week

Wall Street swung higher at the end of a choppy week of trading that saw the Nasdaq set a fresh record but worries the US Federal Reserve could keep interest rates higher for longer feed fears the rally may be losing steam.

Deathtrap cable cars spook Turkey's intrepid tea farmers

You need to be part daredevil to live in the spectacularly steep hills overlooking the Black Sea where Turkey grows its tea.

Cannes best docs go to African stories

A film about an all-female Egyptian theatre troupe and another about legendary photographer Ernest Cole shared the best documentary award at the Cannes Film Festival on Friday.

Stock markets diverge as US rate cut hopes diminish

Wall Street swung higher but European stocks fell on Friday as investors fret over data suggesting the US Federal Reserve could keep interest rates higher for longer.

Paris Orly air controller strike sparks mass cancellations

The French civil aviation authority said Friday it had ordered airlines operating at Paris Orly airport to cancel 70 percent of flights ahead of a weekend air traffic controller strike.

Stock markets sink on diminishing US rate cut hopes

Asian and European stock markets fell Friday following Wall Street losses, as better-than-expected US data compounded worries the Federal Reserve will hold off on cutting interest rates this year.

Falling UK energy bills grab election spotlight

Britain's energy regulator on Friday announced a fall in household bills from July, catapulting a key cost-of-living issue into the second day of general election campaigning.

Markets sink after US data deal blow to rate cut hopes

Markets fell in Asia and Europe on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year.

Soaring towers shape Hong Kong's urban landscape

Home to some of the world's densest living districts and tallest skyscrapers, Hong Kong has for decades mesmerised locals and visitors alike with its famed skyline.

Asian markets fall after US data dent rate cut hopes

Markets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year.

With little to buy, Cubans abroad send home food, not money

Maria Paez feels relieved after receiving a package of food items including eggs, ham, and yogurt from her children in Miami -- bought online and shipped to Havana.

Japan inflation slows to 2.2% in April

The pace of Japanese inflation slowed in April to 2.2 percent as gas bills fell, government data showed Friday, with the figure remaining above the Bank of Japan's two percent target.

Pandemic agreement talks come to the crunch

Countries trying to thrash out a global agreement on handling future pandemics are hoping to seal the deal Friday after weeks of creeping progress in exhausting talks.

Nvidia surges but broader market falls amid fatigue

Wall Street stocks finished firmly lower Thursday after blowout Nvidia earnings failed to ignite a rally in a market struggling to digest gains from recent weeks.

AI relies on mass surveillance, warns Signal boss

The AI tools that crunch numbers, generate text and videos and find patterns in data rely on mass surveillance and exercise concerning control over our lives, the boss of encrypted messaging app Signal told AFP on Thursday.

Boeing shares tumble as company lowers 2024 cash forecast

Boeing shares were hammered Thursday after a top company official predicted another quarter of meager plane deliveries, likely resulting in negative cash for all of 2024.

Wall Street's Nasdaq heads towards record highs on Nvidia

New York's Nasdaq index was headed towards a record-high close on Thursday, lifted by strong earnings from chipmaker Nvidia.

US new home sales miss expectations in April

Sales of new US homes were weaker than analysts expected in April, government data showed Thursday, with slower mortgage demand appearing to bog down the number of transactions.

Wall Street gains on Nvidia results while eurozone stocks lifted by survey

Shares mostly rose Thursday with Wall Street lifted by strong earnings from Nvidia and eurozone equities boosted by news of encouraging business activity.

Sawt Falasteen - Economy (English)