Sawt Falasteen - Economy

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Featured

Food crisis 'looming' after global energy shock, UN agriculture fund says

Rising energy and fertiliser costs are hitting smallholder farmers and driving up prices of agricultural commodities, fueling fears of a global food crisis, the head of the UN agriculture development fund told AFP.

Elon Musk unveils Tesla's 'flying' car

Tesla CEO Elon Musk unveiled what he described as a "flying" car, equipped with thrusters, during a livestreamed event at his SpaceX rocket company's facility on Thursday.

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Chanel at fashion week without sacked designer Viard

Awkward! Chanel was set to hold its haute couture show on Tuesday just three weeks after the very abrupt departure of creative director Virginie Viard after almost 30 years with the brand.

At Paris Olympics, women athletes finally reach parity

Once seen as a "celebration of manly virtue" without women athletes, the modern Olympics will reach gender parity for the first time during this year's Paris Games, 128 years since its first edition.

Kenya police fire tear gas as youth protests kick off

Kenyan police fired tear gas at crowds of young protesters in the capital Nairobi on Tuesday, AFP reporters saw, as demonstrators rallied across the country against the government's proposed tax hikes.

Auratus introduces a new Gold standard for individuals and global merchants through its global TAS Card & Business

Helvetic Digital Finance AG today announced the launch of TAS Card Individual and TAS Business Accounts for merchants, at the event in Hong Kong.The only gold-based payment solution and gold savings platform, which has transformed the global cross-border payment experience by enabling business owners, freelancers, and sole proprietors to request and accept business, such as consumer payments in vaulted-gold bullion, enabling instant cross-border value settlement and reducing risks and delays in global gold commerce.

Auratus 通过其全球 TAS 卡和业务为个人和全球商户推出了新的黄金标准。

Helvetic Digital Finance AG 今天在香港举行的活动上宣布推出面向商户的 TAS 卡个人账户和 TAS 企业账户。唯一一个以黄金为基础的支付解决方案和黄金储蓄平台，它改变了全球跨境支付体验，使企业主、自由职业者和个体经营者能够申请和接受以金库金条支付消费者款项等业务，实现即时跨境价值结算，减少全球黄金贸易的风险和延误。

Ghana's cocoa farmers turn to smuggling as currency falls

Ghanaian cocoa farmer Isaac Antwi says he has to smuggle his beans to Ivory Coast to sell them at a decent profit even as international prices for the commodity recently surged.

Hot cocoa prices bring sweet profits, danger to Ecuador producers

Julia Avellan had been tempted to quit the cocoa business before prices unexpectedly exploded on the international market this year, bringing historic profits to Ecuador's farmers.

China premier calls to 'oppose decoupling' at economic forum

China's premier called Tuesday for countries to "oppose decoupling", as economic tensions simmer between Beijing and the European Union, a key trading partner that is preparing to impose new tariffs on Chinese electric vehicles next month.

Asian markets rebound on bargain-buying but tech worries linger

Asian equities edged higher Tuesday after recent losses as investors ignored another tough day for tech titans on Wall Street that has raised concerns about a correction in markets following a string of record highs.

Gender gap fuels disputes as Japan gets joint custody

Masaki Kubota's delight at reuniting with his two sons gave way to heartbreak when the younger, two years old, stared at him uncomprehendingly as if to say: "Who are you?"

Kenya youth protesters gear up for nationwide strike

Kenya braced for a nationwide strike Tuesday in response to a call by youth protesters for a countrywide shutdown, as opposition to the government's proposed tax hikes gathers momentum.

Assange's long fight against extradition to US

Jailed WikiLeaks founder Julian Assange has been fighting for years to avoid extradition from Britain in connection with the 2010 publication of thousands of US classified documents.

Premier League sets new mark as European football revenues soar

The Premier League underlined its financial muscle as the European football market grew by 16 percent to 35.3 billion euros ($37.9 billion) in the 2022/23 season, according to Deloitte.

Major Niger uranium mine back in public control: govt

Niger on Monday confirmed one of the world's biggest uranium mines had returned to public control after revoking the operating licence of French nuclear fuel producer Orano.

Dior sportswear, Van Herpen's living sculptures at Paris couture week

Sports kit and Greek goddesses from Christian Dior vied for attention with living sculptures from Iris Van Herpen as haute couture went high concept at Paris Fashion Week on Monday.

European stocks rise, Nvidia drags down Nasdaq

European stock markets rebounded on Monday despite jitters over the first round of French elections taking place this weekend.

Dubai to build $8 bn stormwater runoff system after record floods

Dubai on Monday announced an $8 billion plan for a stormwater runoff system, two months after an unprecedented deluge and widespread flooding brought the desert state to a standstill.

EU accuses Apple of breaking bloc's digital rules

Apple risks billions of euros in fines after the European Union on Monday accused the iPhone maker of violating the bloc's landmark digital rules by hindering competition on its App Store.

UAE energy giant ADNOC offers 12 bn euros for Germany's Covestro

Chemical maker Covestro said Monday that it entered "concrete negotiations" with Emirati national energy firm ADNOC after the German group received a takeover offer worth nearly 12 billion euros ($12.8 billion).

Shock in Indian district where 56 died from tainted alcohol

Plumes of smoke from funeral pyres darkened the sky Monday over the Indian town at the epicentre of a poisoning by a batch of illegal alcohol that has killed 56 and hospitalised more than 100.

Filming TikToks in tear gas: Kenya's Gen-Z protesters

Growing up in a shanty town in Kenya's capital Nairobi, Sarah Njoroge saw her parents ban her older siblings from taking part in anti-government demonstrations, fearing the bloody crackdown that would follow.

Markets mixed after weak Wall St lead, eyes on yen

Asian and European markets were mixed Monday after last week's poor run as investors look ahead to the release of key US inflation data, while eyes are on Japan as the yen sits around three-decade lows.

EU says Apple's App Store breaches bloc's digital rules

Apple risks billions of euros in fines after the European Union on Monday found the iPhone maker's App Store to be violating the bloc's landmark digital competition rules.

Most markets track weak US lead, eyes on yen

Most equity markets extended last week's poor run with more losses Monday, following another tepid lead from Wall Street as profit-taking weighed on the tech sector.

Hikes, nosy neighbours afflict Zimbabweans in quest for mobile connection

As the sun sets over Zimbabwe's Matobo Hills, boys throw stones to chase baboons away. Their goal isn't to enjoy the view of dusk but to search for a mobile network without interference from wild animals.

Asian markets track weak US lead, eyes on yen

Asian markets extended last week's poor run with more losses Monday, following on from another tepid lead from Wall Street as profit-taking weighed on the tech sector.

'We are not trash': Horrors suffered by Canada's Indigenous women

A mountain of windswept garbage. Beneath it, bodies. For years, the remains discarded by a serial killer have languished in a landfill -- the latest chapter in a long history of violence against Canada's Indigenous women.

Who profits from the soaring price of cocoa?

Though cocoa prices on the financial markets have soared, the rise is benefiting cocoa growers, bean processors, speculators and chocolatiers in unequal measure.

Beyond Nvidia: the search for AI's next breakthrough

For a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are questions on whether new entrants can stake a claim to the artificial intelligence bonanza.

Dutch app supermarket boss eyes tech boom in online delivery

Advances in artificial intelligence are poised to drive a "massive" boom in online grocery deliveries, according to the head of Picnic, a Dutch app-only supermarket rapidly expanding into Germany and France.

Algerian women pioneer eco-friendly farming

Ibtissem Mahtout and Amira Messous pick fresh strawberries and tomatoes on the eco-friendly smallholding the two women are working near Algiers, a pioneering initiative in Algeria's male-dominated agricultural sector.

Loewe, Hermes and goodbye to Van Noten at Paris Fashion Week

There was a surprising lack of leather at Hermes, a restrained but celeb-packed Loewe show, and a farewell for fashion great Dries Van Noten at Paris Fashion Week on Saturday.

Sawt Falasteen - Economy (English)