Sawt Falasteen - Economy

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Brussels wants high-speed rail linking EU capitals by 2040

The European Commission Wednesday unveiled twin initiatives aimed at slashing transport carbon emissions across the continent -- by expanding high-speed rail links and boosting sustainable fuels for aviation and shipping.

Swiss business chiefs met Trump on tariffs: Bern

Swiss business leaders have met US President Donald Trump to draw his attention to the toll that steep tariffs are taking on their companies, Switzerland's government said Wednesday.

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Italian authorities try to identify Lampedusa capsize victims

Italian authorities on Friday sought to identify the bodies of 27 people who died when two crowded boats sank off the Mediterranean island of Lampedusa.

'Like hell': Indoor heat overwhelms Saudi Arabia's cooks, bakers

Baker Eid Ahmed just can't get away from Saudi Arabia's notorious heat: he makes bread next to a sweltering oven for 13 hours a day, only to step outside into summer temperatures that can soar past 45C.

Stocks mostly higher before US-Russia summit

Stocks were mostly up Friday after better-than-expected Japanese growth, although weak Chinese data hit the Hang Seng and oil slipped back ahead of a US-Russia summit on Ukraine.

Indonesia's president touts economy, social welfare drive

Indonesian President Prabowo Subianto emphasised an expectation-defying economy, low unemployment rate and slew of ambitious social welfare initiatives as he delivered his first state address to parliament on Friday.

Stressed UK teens seek influencers' help for exams success

Posing as a fortune teller on his YouTube channel, former teacher Waqar Malik tells thousands of followers that he can predict this year's exam questions.

Five things to know about Nigeria's oil sector

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

Asia stocks mixed before US-Russia summit

Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine.

Online cockfighting thrives in Philippines despite ban and murders

Divers have spent more than a month searching a lake south of Manila for the bodies of men with links to the Philippines' bloody national obsession: cockfighting.

Trump's tariffs drown Brazil's fish industry

When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump's stiff tariffs.

Japan posts modest growth despite US tariffs

Japan eked out modest growth in the second quarter despite painful US tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

Global plastic pollution treaty talks extended in 'haze' of confusion

Talks on striking a global treaty on combating plastic pollution were extended an extra day into Friday but with no clear endgame in sight.

Trump's tariffs have not reduced Panama Canal traffic -- yet

Tariffs imposed by US President Donald Trump on dozens of countries have so far not affected container ship traffic through the Panama Canal, its administrator said Thursday.

YouTube turns to AI to spot children posing as adults

YouTube has started using artificial intelligence (AI) to figure out when users are children pretending to be adults on the popular video-sharing platform amid pressure to protect minors from sensitive content.

Oil prices rise ahead of US-Russia summit as stocks digest inflation data

Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while oil prices shot higher on the eve of a US-Russia summit on Ukraine.

Apple Watch gets revamped blood oxygen feature

Apple on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by a patent dispute.

Global plastic pollution treaty talks in a 'haze'

Countries scrambled Thursday to secure a global agreement on tackling plastic pollution as 10-day talks headed towards overtime, with one diplomat saying negotiators were in a "haze" on how to find common ground.

Apple rejects Musk claim of App Store bias

Apple on Thursday rejected Elon Musk's claim that its digital App Store favors OpenAI's ChatGPT over his company's Grok and other rival AI assistants.

Air Canada cancels flights over strike threat

Air Canada began cancelling flights on Thursday after receiving a strike notice from the flight attendants' union, warning all operations could be shut down by Saturday.

UN warns Russia, Israel of conflict sex crimes listing risk

The United Nations warned Israel and Russia on Thursday that their militaries faced being listed as parties suspected of committing sexual violence in conflict in light of credible evidence of violations.

US stocks drop as producer inflation surges

Wall Street shares fell Thursday as data showed US producer price inflation surged far more than expected in July, denting optimism that the Federal Reserve would soon start cutting interest rates.

Stocks diverge as bitcoin hits record high

European and Asian stock markets diverged Thursday and bitcoin hit a record high on the eve of landmark talks between US President Donald Trump and Russian counterpart Vladimir Putin on potentially ending the Ukraine war.

Japan's grand tea master Sen Genshitsu dies at 102: reports

Sen Genshitsu, a would-be kamikaze pilot who became a Japanese tea ceremony master preparing cups of matcha for world leaders and monarchs, died aged 102 on Thursday, reports said.

Germany's Thyssenkrupp cuts targets as US tariffs weigh

Thyssenkrupp's shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US President Donald Trump's tariff onslaught.

UK economy slows less than feared after tariffs

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

Markets mixed as bitcoin hits new high

Markets were mixed Thursday, with Japan's Nikkei down as bitcoin hit a new high and investors braced for talks between the US and Russian presidents in Alaska.

French dictionary gets bad rap over Congolese banana leaf dish

Diners flock to the terrace of Mother Antho Aembe's restaurant in downtown Kinshasa to enjoy "liboke", blissfully unaware of the linguistic brouhaha surrounding the Democratic Republic of Congo's national dish.

Asian markets mixed as bitcoin surges to new high

Bitcoin hit a new peak during early Asian trading on Thursday, as the yen surged after the US Treasury Secretary said he expects Japan to hike interest rates.

Bolivia presidential hopefuls make last push for votes

Bolivia's presidential candidates made a final push for votes on Wednesday ahead of elections on the weekend set to end 20 years of socialist rule.

Trump orders space regulations eased in win for Musk

US President Donald Trump signed an executive order Wednesday easing regulations for the private space industry, including eliminating some environmental reviews, in a move likely to please his erstwhile advisor Elon Musk.

Eyeing robotaxis, Tesla hiring New York test car operator

Tesla is recruiting a motorist to test its driver-assistance technology in New York with an eye towards autonomous driving, according to a job listing reviewed by AFP on Wednesday.

Striking Boeing defense workers turn to US Congress

Boeing defense industry workers currently on strike asked for congressional lawmakers' support on Wednesday as they seek to pressure the aviation giant to improve its bargaining offer to the union.

Plastic pollution treaty talks in disarray

Attempts to finalise a landmark treaty combating plastic pollution descended into disarray on the penultimate day on Wednesday as dozens of countries rejected outright the latest draft text, leaving the talks in limbo.

Sawt Falasteen - Economy (English)