Sawt Falasteen - Economy

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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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'Civil War' stays on top at N.American box office

"Civil War," the disturbing story of a divided and dystopian America sometime in the near future, narrowly held on to the top spot in North American theaters this weekend, earning an estimated $11.1 million, industry watcher Exhibitor Relations reported Sunday.

Israel pounds Gaza as West Bank violence surges

Israel carried out deadly strikes in Gaza, first responders in the war-battered Palestinian territory said on Sunday, as violence flared in the occupied West Bank.

InstaDeep CEO takes AI from Tunis to London

Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000.

Splashy Saudi mega-project NEOM chases Chinese funds

Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometre-long skyscrapers.

Bill to ban TikTok in US moves ahead in Congress

The US House of Representatives approved a bill Saturday that would force the wildly popular social media app TikTok to divest from its Chinese parent company ByteDance or be shut out of the American market.

Mass protests in Canary Islands decry overtourism

Tens of thousands of demonstrators hit the streets across Spain's Canary Islands on Saturday to demand changes to the model of mass tourism they say is overwhelming the Atlantic archipelago.

AI's relentless rise gives journalists tough choices

The rise of artificial intelligence has forced an increasing number of journalists to grapple with the ethical and editorial challenges posed by the rapidly expanding technology.

In historic election, Volkswagen workers in Tennessee vote to unionize

Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in the American South.

Hong Kong regulator to investigate PwC auditing of Evergrande

Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report".

'Halving' arrives for bitcoin miners

The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money.

'No to mining': activists demand closure of Guatemala gold mine

Waving banners and shouting "no to mining," environmental activists gathered in small boats on a lake between El Salvador and Guatemala on Friday calling for the closure of a Canadian-owned gold mine.

X owner Musk says opposed to US ban of competitor TikTok

Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress.

IMF calls on EU to deepen single market integration to boost growth

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday.

P&G profits rise despite hit from Middle East tensions

Procter & Gamble reported higher profits Friday, citing strong demand in the United States and many European markets that offset weakness elsewhere due to Middle East tensions and a lackluster performance in China.

Oil, gas drilling blocked in Alaska wilds as Biden seeks green cred

The United States on Friday blocked oil, gas and mining operations across tracts of unspoiled wilderness in Alaska, winning praise from environmentalists for safeguarding habitat for polar bears, caribou and other Arctic species.

Taylor Swift, tortured poet, exorcises demons with new double album

Taylor Swift's hotly anticipated "The Tortured Poets Department" is here along with a surprise second album -- 31 tracks released Friday in which the megawatt star purges her inner turmoil while scorching former lovers.

China auto sector steps up Europe push with Spain plant

Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns.

Tesla to recall Cybertruck over acceleration defect

Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week.

Quarter of UK 5 to 7-year-olds have smart phone: study

Around a quarter of British children aged between five and seven-years-old now have a smart phone, a study by the UK communications regulator said on Friday.

Oil jumps, equities fall as Iran blasts fan MidEast fears

Oil prices rallied and equities fell Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran.

Taiwan's TSMC founder Morris Chang receives medal of honour

Taiwanese tycoon Morris Chang received one of the island's highest medals of honour on Friday, in recognition of his achievements as the founder of semiconductor giant TSMC.

Apple drops WhatsApp, Threads from China app store on official order: report

Apple has removed the Meta-owned WhatsApp and Threads from its App Store in China following an order from the country's top internet regulator, Bloomberg reported Friday citing the tech giant.

Taylor Swift's 'The Tortured Poets Department' drops

Taylor Swift released her highly anticipated record "The Tortured Poets Department" on Friday -- the 11th studio album from the megastar who is already having a blockbuster year.

Oil surges, equities sink as Iran blasts fan MidEast escalation fears

Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran.

France imposes curfew on minors in 'cutthroat' Guadeloupe city

France on Thursday ordered a two-month nighttime curfew for minors in a Guadeloupe city after a surge in youth violence in the overseas territory.

Mideast in 'shadow of uncertainty' due to regional conflicts: IMF

Economies in the Middle East and North Africa face a "shadow of uncertainty" from ongoing tensions in the region, a senior IMF official told AFP on Thursday.

Meta releases beefed-up AI models

Meta on Thursday introduced an improved AI assistant built on new versions of its open source "Llama" large language model for powering the technology.

Team behind Italian film 'Io Capitano' returns to Senegal

Members of a 200-strong audience struggle to hold back tears as the credits roll on the film "Io Capitano" in a small auditorium in the outskirts of Senegal's capital Dakar.

Family affair: Two more Arnault sons join LVMH board

Two sons of the world's richest man Bernard Arnault on Thursday joined the board of LVMH after a shareholder vote, further cementing the family's control on the French luxury goods giant.

Taylor Swift's 'The Tortured Poets Department' set to drop

Taylor Swift is primed to release her highly anticipated record "The Tortured Poets Department" on Friday -- the 11th studio album from the megastar who is already having a blockbuster year.

Princess Diana's dresses on display in Hong Kong ahead of auction

Shoulder-padded, daffodil yellow and accented with gleaming gold buttons -- a very of-its-time suit Princess Diana wore during her 1989 trip to Hong Kong is now among six outfits on display in the former British colony.

Norway's wealth fund posts $107 bln first quarter gain

Norway's sovereign wealth fund, the world's largest, posted a gain of more than $100 billion in the first quarter amid the global stock market recovery, it said Thursday.

Sawt Falasteen - Economy (English)