Sawt Falasteen - Economy

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BMW reports rising profitability, shares jump

BMW on Wednesday reported rising profitability in the last quarter despite slowing Chinese sales and the impact of tariffs, offering some rare good news for Germany's beleaguered auto sector.

US Supreme Court debates legality of Trump's tariffs

US Supreme Court justices questioned the legality behind a wide swath of Donald Trump's tariffs on Wednesday, as they began hearing a landmark case that could uphold -- or upend -- the president's economic agenda.

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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.

Stocks extend gains on US rate-cut bets

Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data fuelled hopes that the US Federal Reserve will cut interest rates.

Stock markets extend gains on growing US rate cut hopes

Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data fuelled hopes that the US Federal Reserve will cut interest rates.

In heatwave, Romans turn to vintage snow cones to stay cool

Forget ice cream, sorbet or even the beloved Italian gelato -- when Romans swelter in a heatwave, they turn to the traditional "grattachecca".

Stock markets rise on growing US rate cut hopes

Stock markets rose and the dollar fell Wednesday on growing prospects of cuts to US interest rates after soft inflation data, with Japan's Nikkei hitting a fresh record high.

Japanese star convicted of indecent assault in Hong Kong

A Hong Kong court on Wednesday found J-pop artist Kenshin Kamimura guilty of indecent assault after he harassed a woman working as his interpreter at a restaurant earlier this year.

Nepal waives climbing fees for 97 mountain peaks

Nepal has waived climbing fees for 97 mountains, officials said on Wednesday, hoping to steer people to its lesser-known peaks and boost local economies.

European satellite to step up monitoring of extreme weather

The Ariane 6 rocket on Wednesday blasted off carrying Europe's next generation satellite for warning against extreme weather events.

Markets rise on growing rate cut hopes

Markets rose Wednesday on growing hopes of US interest rate cuts after soft inflation data, with Japan's Nikkei hitting a second record high in as many days.

Fortnite developer claims win against Apple and Google

An Australian court has found Apple and Google misused their market power in a dispute with the maker of wildly popular video game Fortnite.

Soft US inflation boosts Asia markets

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

Chatbot Grok stirs confusion over suspension after Gaza claims

AI chatbot Grok on Tuesday offered conflicting explanations for its brief suspension from X after accusing Israel and the United States of committing "genocide" in Gaza, as it lashed out at owner Elon Musk for "censoring me."

Auction of world's largest Mars meteorite sparks ownership debate

The recent auction of a Martian meteorite -- for a record-grabbing $5.3 million at Sotheby's New York -- has sparked questions over its provenance and renewed debate over who gets to claim rocks fallen from the heavens.

Washingtonians tired of crime but skeptical of Trump takeover

A 15-minute walk from the White House, Tony and Mike stood on the sidewalk near the spot where a man was killed on Monday, the 100th murder of the year in Washington.

US indices power to fresh records after benign inflation data

Global stocks mostly rose on Tuesday, with Wall Street indices ending at fresh records as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs.

Perplexity AI offers Google $34.5 bn for Chrome browser

Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which the internet giant could potentially be forced to sell as part of antitrust proceedings.

Disgraced crypto mogul Do Kwon changes plea to guilty in US court

South Korean cryptocurrency specialist Do Kwon pleaded guilty to fraud charges in front of a New York judge on Tuesday following his firm's multi-billion-dollar bankruptcy, court filings showed.

Stocks rise on restrained US inflation

Stock markets rose on Tuesday as US inflation data showed a still-subdued impact from US President Donald Trump's tariffs.

US consumer inflation holds steady but tariff worries persist

Consumer inflation in the United States held steady in July, data showed Tuesday, but underlying price increases picked up as President Donald Trump's sweeping tariffs ripple through the world's biggest economy.

EU ready to do plastic pollution deal 'but not at any cost'

The European Union is ready to do a deal to land a groundbreaking treaty on plastic pollution, but not at any cost, the EU's environment commissioner insisted Tuesday.

China Evergrande Group says to delist from Hong Kong

Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.

In China's factory heartland, warehouses weather Trump tariffs

Labourer Shuai Hang went a week without work earlier this year when sky-high US tariffs on Chinese goods overwhelmed the warehouse he works at and slowed the company's US-bound parcels to a trickle.

Stocks gain on China-US truce, before key inflation data

Stock markets rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce and awaited key US inflation data.

US, China extend tariff truce for 90 days

China and the United States delayed higher tariffs on each other's imports for 90 days, hours before a trade truce between the world's two largest economies was due to expire Tuesday.

Markets boosted by China-US truce extension, inflation in focus

Stock markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

Most markets rise as China-US truce extended, inflation in focus

Asian markets mostly rose Tuesday, with Tokyo hitting a record, as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day.

Italian athlete dies at World Games in China

Italian orienteering athlete Mattia Debertolis died on Tuesday at the World Games in Chengdu, China after collapsing during competition, organisers said.

Two dead, 10 hospitalized in Pennsylvania steel plant explosions

Two workers died and 10 were wounded Monday after blasts at a US Steel plant in the state of Pennsylvania, officials said.

Trump signs order to extend China tariff truce by 90 days

US President Donald Trump on Monday ordered a delay in the reimposition of higher tariffs on Chinese goods, hours before a trade truce between Washington and Beijing was due to expire.

Formerra Becomes North American Distributor for Syensqo PVDF

New agreement reinforces Formerra's strategy to support high-performance applications with advanced polymer solutions across multiple markets.

Sawt Falasteen - Economy (English)